Cannabis Retail

High Tide Inc. (NASDAQ:HITI) (TSXV:HITI) (FSE: 2LYA) released its financial results on Friday for the first fiscal quarter of 2024 ended January 31, 2024, revealing an 8% year-over-year and 1% sequential increase in revenue to CA$128.1 million ($94.9 million). The Canadian cannabis retail giant...

Valentine's Day presents a promising growth avenue in cannabis retail, particularly in niche product areas like edibles and topicals, highlighted by BDSA analyst Brendan Mitchel-Chesebro in an exclusive with Benzinga Cannabis. This period marks a unique market opportunity, underscoring the day...

Las Vegas-based Planet 13 Holdings Inc. (OTC: PLNHF) recently inaugurated a new cannabis shop in Waukegan, Illinois, marking a strategic expansion in its retail portfolio. The 4,000 sq. ft. Waukegan location is intentionally designed to offer an immersive and experiential approach to cannabis...

Cannabis-focused fintech connector and technology and insights provider Green Check announced on Tuesday that it is integrating with Meadow, an all-in-one point of sale (POS) system powering cannabis retailers in California, Michigan, Massachusetts, New Jersey and New York. What Happened...

SNDL Inc. (NASDAQ: SNDL) and Nova Cannabis Inc. (TSX: NOVC) announced a mutual decision to terminate the implementation agreement dated December 20, 2022, related to their previously announced strategic partnership. Simultaneously, the two companies reaffirmed a strong commitment to their...

Cannabis retailer High Tide Inc. (NASDAQ: HITI) (TSXV: HITI) (FSE: 2LYA) has successfully completed a restructuring of roughly $8.9 million of the company's outstanding debt held by a key industry lender under a senior secured convertible debenture issued on July 23, 2020, as amended, maturing...

This week's chart explores the relationship between U.S. Cultivation & Retail sector debt issuance and effective costs of debt. Cannabis companies issued a record amount of debt in 2021, including six of the ten largest debt deals in U.S. cannabis history. The pace declined in 2022, but...

As the cannabis industry continues to grow, both in terms of legalization and consumer interest, the dynamics of cannabis branding and consumption are undergoing fascinating transformations. From the rise of celebrity-backed marijuana brands to the influence of medium-frequency consumers, the...

Cannabis Cultivation and Retail sector stocks are historically cheap; however, many carry a financial risk that is too high for all but the most intrepid investors. We took the 45 U.S. Cultivation & Retail companies in the Viridian Value Tracker database. We filtered out 14 with less than a $...

A panel of experts discussed how cannabis companies are targeting retail customers, at the Benzinga Cannabis Capital Conference in Miami Beach on Tuesday. The panel shared tips and tricks on what businesses should be doing to engage and keep their customers coming back for more. Frictionless...

Colorado, the first state to end cannabis prohibition and with nearly a decade of documented commerce, may well be regarded as the industry bellwether. As the chart illustrates, annual retail sales increased steadily through 2021 although growth rates began to decelerate...

Via El Planteo - Original publication: September 8, 2021. Jimi Devine was born in Lynn, Massachusetts, has a degree in journalism and has been working in the California cannabis industry since 2009, as a contributor to world-renowned outlets such as the San Francisco Chronicle, The Boston Globe,...

By Daniel Muller, Founder & CEO of AeroPay and Kyle Sherman, Founder & CEO of Flowhub  The swift rise of cannabis e-commerce over the past year has played a pivotal role in cannabis retail growth, which exceeded $24 billion in 2021. Increased access to legal cannabis, coupled with...

MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) reported Tuesday its third-quarter fiscal 2021 financial earnings with net revenue of $31.7 million, compared to $45.9 million in the same period of fiscal 2020. Financial Highlights The cannabis retailer further disclosed total net revenue...

The growth of physical retail space in the Canadian cannabis space remains inconsistent, but it is still moving in the right direction, BofA Securities said in a note. The Analyst: Bryan Spillane details findings of the research firm's bi-weekly Canada cannabis retail store tracker. The Thesis...