Cannabis Markets

Planet 13 Holdings Inc. (OTC:PLNH) reported Friday afternoon a strong revenue increase of 29.7% year-over-year for Q3 2024, reaching $32.2 million. The growth was fueled by the expansion into the Florida market and solid performance at its Illinois store.  Despite the revenue boost, the company...

The cannabis market is facing heightened volatility post-election as investor concerns mount over political uncertainty and the fallout from Florida's failed legalization vote, leading to significant selloffs in top U.S. and Canadian cannabis stocks. Adult-use legalization was also rejected in...

Following Donald Trump's presidential election victory Tuesday, the cannabis sector took a sharp downturn. Here's a summary of the largest stock declines across the industry based on data from Benzinga Pro. Get Benzinga’s exclusive analysis and the top news about the cannabis industry and...

The cannabis capital markets are getting ready for what could be their most transformative period. With the 2024 election cycle underway, changes in the regulatory landscape could significantly boost investor confidence and support the industry's growth in 2025. As MJBiz Daily reported, although...

Whether you’re a newcomer, a seasoned investor, or just curious about the cannabis industry, this guide offers a breakdown of key elements and advanced metrics to help you make informed investment decisions. Understanding these financial statements enables you to read between the lines,...

With tax season approaching, CPAs are calling on the IRS to prepare for potential changes impacting cannabis businesses. The American Institute of CPAs (AICPA) recently submitted recommendations to the U.S. Treasury and IRS, highlighting areas where guidance is needed to clarify tax obligations for...

Canada's cannabis market is seeing a chilling stagnation, with 2024 showing nearly zero growth in consumer sales—a stark contrast to the double-digit gains of previous years. Amid this slowdown, certain products capture consumer interest, even as prices stabilize and competition intensifies. In his...

With Florida's recreational cannabis vote looming, Pablo Zuanic of Zuanic & Associates anticipates a high-stakes shakeup in the state's cannabis market. His latest analysis reveals a volatile mix of market deflation, rapid retail expansion and an active M&A landscape as key companies...

Eight licensed marijuana companies in New Mexico have filed a federal lawsuit against the U.S. Department of Homeland Security and U.S. Customs and Border Protection, alleging constitutional rights violations through property seizures at interior checkpoints.  According to court documents,...

Cannabis consumption provides medicinal benefits, even when deemed recreational. Whether for pain, stress, anxiety or sleep, consumers' motivations often overlap across both categories. Recent research from New Frontier Data looks at how these motivations blur traditional distinctions between...

While some U.S. states are seeing substantial growth in cannabis sales, driven by expanding markets and increased consumer demand, others are facing declines due to factors like strict local regulations, market saturation and high tax rates. The cannabis industry remains dynamic, with both new and...

As inflation hits its lowest level since 2021, the cannabis industry could see substantial benefits from potential interest rate cuts. With the U.S. annual inflation rate dropping to 2.5% in August 2024, here’s how lower rates could help cannabis companies grow: 1. Lower Borrowing Costs With...

In a recent series of equity research reports, Pablo Zuanic of Zuanic & Associates provided a detailed analysis of the Q2 2024 performance for three major players in the cannabis industry: Verano Holdings (OTC: VRNOF), Green Thumb Industries (OTC: GTBIF) and MariMed Inc. (OTC: ...

Curaleaf Holdings, Inc. (OTC: CURLF) announced a second-quarter revenue of $342 million, reflecting a 2% increase from the previous year. Key Financial Indicators Net Loss: Curaleaf experienced a net loss of $48.9 million for the quarter, marking a per-share loss of $0.06. Gross Profits and...

Differences in state-by-state prices of cannabis are staggering. For example, if you live in North Dakota, where all forms of cannabis is illegal, you might be paying up to 82% more for your joints than a fellow consumer in Arizona. Based on data from Price Of Weed, we looked at interesting...