cannabis stocks

Two cannabis-based ETF leaders discussed why U.S. investors turn to ETFs for sector exposure and what federal regulation could mean for the industry during a panel at the 2025 Benzinga Cannabis Capital Conference in Chicago. ETF Convenience: AdvisorShares Chief Operating Officer Dan Ahrens...

Cronos Group Inc (NASDAQ:CRON) reported first-quarter financial results ahead of the market open Thursday. Here’s a look at the key highlights from the cannabis company’s report. Q1 Revenue: Cronos reported first-quarter revenue of $32.26 million, beating analyst estimates of $31.70...

Author’s note: this article has been updated to include more context and commentary from analysts. After months of sluggish performance, cannabis stocks finally showed signs of life. This week, the U.S. cannabis sector surged double digits, fueled by new buzz around federal reform and the...

A new valuation analysis by Viridian Capital Advisors suggests that U.S. multi-state cannabis operators (MSOs) are trading at levels that indicate no expectation of federal rescheduling or 280E tax relief. The firm conducted a discounted cash flow (DCF) study of 15 cannabis companies, modeling a...

Amplify ETFs announced Wednesday that it plans to liquidate the Amplify U.S. Alternative Harvest ETF (NYSE:MJUS), with trading set to end Jan. 27. The Amplify U.S. Alternative Harvest ETF has a significant allocation to cannabis-related companies like Green Thumb Industries (OTC:GTBIF) and Curaleaf...

Schwazze (OTC:SHWZ), a Colorado-based cannabis company, announced it would restate its financial statements for FY 2022/23 and Q1-Q3 2023 to address several accounting errors.  Schwazze’s accounting issues included errors with preferred shares, operating leases and inventory valuations....

In 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...

Cannabis 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%...

Planet 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...

Data from Benzinga Pro shows High Tide Inc. (NASDAQ:HITI) shares experienced a significant surge, gaining over 21% in the last two trading sessions, closing at $3.47 on Monday, December 2. This positive performance was reflected in a trading volume of 2,396,045 shares and a market capitalization of...

As 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...

TILT 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...

Cannabis 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...

Canopy 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...

Trulieve Cannabis Corp. (OTC:TCNNF, CSE:TRUL) executives recently purchased 26,000 shares, signaling potential confidence in the company's future. Between November 8 and 13, COO Marie Zhang, CPO Kyle Landrum, and CLO Eric Powers increased their holdings, according to a report by Beacon Securities...