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Golden Ticket To California Cannabis Retail? Gold Flora's Valuation & Potential, Overweight Initiation By Zuanic
Thursday, January 11, 2024 - 10:55pm | 701Equity research firm Zuanic & Associates led by senior analyst Pablo Zuanic has initiated coverage of Gold Flora (OTC: GRAM) with an Overweight rating. This coverage comes at a time when the California cannabis market is poised for consolidation, making it an opportune moment for well...
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Investment Potential: Financial Performance, Portfolio And Growth Of Leading Public Sale-Leaseback Stock In Cannabis
Wednesday, December 6, 2023 - 8:36am | 940Zuanic & Associates' latest report, which initiates coverage of New Lake Capital Partners (OTC: NLCP) with an Overweight rating explains their motivation. "As of the third quarter of 2023, its net real estate assets were valued at $375 million, a significant increase from $124...
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Multi-Million Dollar Real Estate Deal Slashes Debt For Toronto Cannabis Maker
Tuesday, October 31, 2023 - 9:20am | 877Heritage Cannabis Holdings Corp. (CSE: CANN) (OTCQX: HERTF) has entered into binding agreements to sell its real estate properties in Ontario and British Columbia to BJK Developments Ltd. for a net purchase price of $9,714,475 and lease the Ontario and BC Property back from the purchaser. The...
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Gov. Rescheduling Suggestion Lights Up Florida's Cannabis Consolidation: Planet 13 & VidaCann In Spotlight
Monday, September 18, 2023 - 12:01pm | 817Planet 13 Holdings Inc. (OTC: PLNHF) (OTC: PLTH) is aiming to acquire VidaCann, which operates 26 dispensaries and holds the ninth-largest retail network in Florida. While recreational legalization is the anticipated catalyst for further market growth, Florida's medical marijuana market is...
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Cannabis Odor Sparks Legal Battle Impacting California Real Estate, Lawsuit Alleges Nuisance
Friday, September 8, 2023 - 5:45pm | 354The Coalition for Responsible Cannabis, a nonprofit in Santa Barbara County, has filed a lawsuit against several cannabis cultivators, including Ceres Farms, Valley Crest Farms and the Van Wingerden Family Trust. The lawsuit alleges that these growers are causing a significant public nuisance...
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Legal Battle Fallout: Parallel & IIP Face Dissolution As $5.8M Rent Default Leaves Distressed Assets In Balance
Tuesday, August 29, 2023 - 5:10pm | 355A Pennsylvania state court has ruled for the dissolution of Gooblend Pennsylvania LLC, a subsidiary of Parallel, a prominent cannabis operator. $5.8 Million Rent Default In Legal Battle The court order, disclosed on August 24, resulted from Goodblend's failure to pay $5.8 million in rent and...
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Connecticut Allocates $50M In Low-Interest Loans To Social Equity Cannabis Business Entrepreneurs
Tuesday, August 29, 2023 - 4:29pm | 363Social equity cannabis businesses regularly contend with the burden of structural inequality, lack of intergenerational wealth, and funding, high taxation and real estate prices, and, stringent compliance standards. The weight of these challenges has frequently pushed many enterprises to the brink...
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EXCLUSIVE: How Strong Brands Can Help Cannabis Companies Expand Their Real Estate Footprint
Tuesday, April 18, 2023 - 12:23pm | 500Cannabis companies unique challenges due to the disconnect between state and federal laws. At the recent Benzinga Cannabis Capital Conference, experts discussed how to leverage strong brands for real estate expansion and standardization, and minimize risks. But, why do brands matter for real...
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The Cannabis Real Estate Boom: Sustainable Growth Or Bubble?
Thursday, March 30, 2023 - 10:06am | 724Real estate bubbles occur when due to excessive confidence about future rental profits, and purchasing with speculative motives, prices of commercial properties reach a point that cannot be sustained and eventually crash. The legalization of marijuana for medicinal and recreational purposes...