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Are You Missing Out On This NASDAQ-Listed Weed Stock? Low-Cost Model Meets European Demand
Thursday, December 5, 2024 - 12:41pm | 874In a recent note, senior analyst Pablo Zuanic digs into the financial standing and valuation of Village Farms (NASDAQ:VFF), the only cannabis company anointed by the Drug Enforcement Agency (DEA) as one of the 25 DPs ("designated participants") in the administrative hearing for the rescheduling of...
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Is MariMed A Safe Haven In The Wake Of Florida's Cannabis Legalization Defeat?
Wednesday, December 4, 2024 - 11:32am | 961Cannabis company MariMed Inc. (NASDAQ:MRMD) released its Q3 2024 results on November 6, announcing revised guidance for the fiscal year. While the company expects an 18–20% decline in EBITDA – down from its prior projection of flat to 2% growth – it raised its sales guidance to a 6–8%...
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Diversify Around And Find Out: Can Vegas Superstore And Florida Sales Boost This Weed Penny Stock?
Tuesday, December 3, 2024 - 8:35pm | 628Planet 13 Holdings (OTC:PLNH), a key player in the cannabis retail and cultivation space has seen its stock drop 29% over the last 30 days, reflecting broader market pressures. However, the company presents an attractive opportunity for investors, given its discounted valuation relative to peers...
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Pharma-Grade Cannabis Could Hit Walgreens & CVS—But Can The Industry Survive The FDA?
Thursday, November 28, 2024 - 1:30pm | 1596As the formal review process for rescheduling cannabis unfolds, industry players are closely watching its potential to transform the sector. With the DEA hearing delayed until early 2025 and a possible Trump presidency adding uncertainty, cannabis businesses are preparing for what rescheduling to...
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The Mold-Killing Machine For Weed That Would Survive The New Shark Tank Season
Thursday, November 28, 2024 - 11:00am | 1372XRPure's decontamination system offers a smart solution to microbial contamination that could save growers millions in lost revenue. XRPure's decontamination system offers a smart solution to microbial contamination that could save growers millions in lost revenue. This kind of efficiency is even...
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The Hidden Cost Of Legal Weed: Why Marijuana Taxes Are Hitting Your Wallet Harder Than You Think
Wednesday, November 27, 2024 - 5:11pm | 709As cannabis sales soar in states with legal markets, excise taxes have emerged as a crucial factor shaping the industry. Unlike tobacco, cannabis remains free from federal excise taxes but faces significant state-level levies. The structure and scope of these taxes vary widely, often influencing...
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Jupiter's Burnout: Can TILT Holdings Reverse Its Five-Year Vape Decline?
Friday, November 22, 2024 - 4:17pm | 563TILT Holdings (OTC:TLLTF) is at a critical juncture as it explores divesting its plant-touching business (PTB), which generates 75% of its revenue but continues to struggle with declining margins. Massachusetts operations, contributing two-thirds of revenue, are under pressure from market...
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Green Wednesday's Biggest Weed Buyers: The Surprising Archetypes Driving Sales
Thursday, November 21, 2024 - 10:31pm | 447Green Wednesday,to be celebrated next week on November 27, has become the cannabis industry's answer to Black Friday. This annual shopping event, known for its surge in sales, offers a critical opportunity for retailers to optimize their shelves based on insights into consumer behavior. According...
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Cannabis Stocks Feel The Burn: Matt Gaetz Bows Out As Trump's Attorney General Nominee
Thursday, November 21, 2024 - 6:18pm | 544Cannabis stocks reacted with mixed results on Thursday after Matt Gaetz withdrew his nomination for U.S. Attorney General amid allegations of sexual misconduct, drug use, lack of legal experience and more. Last week, President-elect Donald Trump nominated Gaetz who is a long-time supporter of...
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The U.S. Cannabis Strategy No One's Talking About: Inside Canopy's $300M Plan
Wednesday, November 20, 2024 - 6:50pm | 928Canopy Growth Corporation‘s (NASDAQ:CGC) strategy for capturing the U.S. cannabis market was the focal point of a recent fireside chat hosted by Zuanic & Associates. CEO David Klein and CFO Judy Hong provided insights into Canopy USA's (CUSA) growth strategy, financial projections and its...
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Pre-Rolls, The Avocado Toast Of Cannabis: Why Millennials Are Spending +$100M A Month
Wednesday, November 20, 2024 - 8:54am | 990Too busy paying rent to roll joints? For Millennials, pre-rolls are a $3 billion solution, claiming 44.6% of the market. Convenient and ready to go, these tidy joints have become a coping mechanism for a time-strapped generation. A white paper from Custom Cones USA and data firm Headset provides a...
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Can Trump's Return Save The Cannabis Sector? Debt Mounts As Giants Face Post-Election Reckoning
Monday, November 18, 2024 - 5:36pm | 867The post-election landscape raises uncertainty for cannabis MSOs, with investors hoping for potential relief from the new administration. Verano (OTC:VRNOF), Green Thumb (OTC:GTBIF), and Gold Flora (OTCQB:GRAM) show mixed results, balancing strategic gains with regulatory challenges. While full...
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Selling Weed Is Like A Sneaker Drop: Running Out Isn't A Problem For This Company
Thursday, November 14, 2024 - 8:29pm | 1340As the industry consolidates scooping up smaller players, Garden Greens stands out with a fashion-to-weed approach and street-smart pricing. In a market marked by mergers, acquisitions and growing consolidation, Garden Greens is not following the typical playbook. While large operators focus on the...
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How Reddit's Cannabis Critics Are Helping Brands Spot Market Trends Before They Hit Dispensaries
Thursday, November 14, 2024 - 7:06pm | 939Reddit's cannabis critics help brands spot emerging trends and identify top strains before they reach dispensaries. From the early days of internet forums to today's thriving Reddit communities, cannabis discussions have transformed, offering unprecedented visibility into consumer...
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Safe Harbor Financial's $3.3M Comeback: Turning Losses Into Profit Despite Revenue Drop
Tuesday, November 12, 2024 - 9:16pm | 407Safe Harbor Financial (NASDAQ:SHFS) reported a significant turnaround in the third quarter of 2024, achieving a net income of $354,000 – a stark improvement from the $748,000 loss in the same quarter of 2023. However, total revenue declined by 20%, dropping from $4.3 million to $3.5 million....