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U.S. Cannabis Companies Show Enhanced Profitability In Second Quarter Earnings Amid Persistent Pricing Pressures
Thursday, August 24, 2023 - 3:12pm | 722In recent weeks, a significant portion of U.S. cannabis firms have released their second-quarter financial results, shedding light on several pivotal trends within the industry. On the whole, the majority of these operators showcased enhanced cost management, culminating in progressively improved...
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U.S. Cannabis Companies Prioritize Positive Cash Flows Amidst Challenging Operating Environment
Friday, May 26, 2023 - 12:15pm | 515First quarter results of U.S. cannabis companies highlighted the industry's focus on generating positive cash flow while striving for growth. Unlike most nascent industries, U.S. cannabis firms face the challenge of balancing investments for expansion with the limited availability of...
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Do Any States Face The Risk Of A Dominant Cannabis Market Operator?
Wednesday, October 12, 2022 - 8:43am | 1199Is the American cannabis sector facing the prospect of just a few players dominating the market? While worries abound in some corners of the space, sources say that is not the current case. Alan Brochstein, founder of 420 Investor and New Cannabis Ventures, told Benzinga that while a single...