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Canada's Cannabis Market Goes Cold, Pot Prices Hit Bottom: Why Top Producers Are Losing Ground
Tuesday, October 29, 2024 - 9:29am | 738Canada'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...
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Asset Scramble: Body & Mind Secures $2.3M To Drive Cannabis Growth In Illinois And New Jersey
Sunday, October 27, 2024 - 8:22am | 482Body and Mind Inc. (CSE:BAMM), (OTC:BMMJ), a multi-state cannabis company, announced a new credit facility with Bengal Catalyst Fund, LP, securing up to $2.3 million to support its U.S. expansion efforts. The financing aims to help Body and Mind build out key dispensary projects in Illinois and New...
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M&A Frenzy And Deflation Post-Election: Which Companies Are Ready To Win Big In Florida's Cannabis Market
Saturday, October 26, 2024 - 2:15pm | 958With 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...
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Cannabis Stocks Rally: Canopy, Aurora, SNDL, OrganiGram And Others See Gains
Friday, October 25, 2024 - 1:36pm | 1120Cannabis stocks are showing signs of recovery, with several major players gaining momentum on Friday. NASDAQ-listed Canopy Growth (NASDAQ:CGC), Aurora Cannabis (NASDAQ:ACB), SNDL (NASDAQ:SNDL) and OrganiGram Holdings (NASDAQ:OGI), among others, are all seeing upward trends in their...
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Why Cannabis Investors Should Make This Bold Move Before Florida's Vote: What To Buy And Sell Now
Friday, October 11, 2024 - 4:58pm | 700As Florida's pivotal vote on recreational cannabis looms, investors are eyeing key opportunities in the market. The Viridian Credit Tracker ranks AYR Wellness (OTC:AYRWF) as a strong buy, with a compelling 20% yield driven by its significant presence in Florida's cannabis market. With the potential...
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Don't Let Hidden Debt Fool You: How Cannabis Investors Can Tell If They Are Safe
Sunday, September 22, 2024 - 5:09am | 528Why Hidden Debt Matters Investors often focus on basic financial figures, but it's essential to consider hidden debt when evaluating a company's true worth. Insights from Viridian Capital Advisors reveal that overlooked liabilities can significantly change how we view a company’s value...
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NASDAQ-Listed Aurora Cannabis Breaks Up With Uruguay: It's Not You, It's The Market
Sunday, September 22, 2024 - 4:49am | 664In a dramatic turn, Aurora Cannabis (NASDAQ:ACB) announced its breakup with Uruguay, closing operations by the end of September 2024. Acquired for $263 million in 2018, Aurora’s exit underscores a harsh reality: the market failed to meet its criteria for future growth, dashing hopes of...
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NASDAQ-Listed Cannabis Giant Misses Tech Rally: What Investors Need To Know About MAPS' Stock
Tuesday, September 17, 2024 - 9:38am | 590WM Technology (NASDAQ:MAPS) has maintained stability in its profitability and cash flow, showcasing a 3% sequential sales increase to $45.9 million for 2Q24, despite a 5% year-over-year decline. In a Monday afternoon report, senior analyst Pablo Zuanic noted that SaaS solution revenues,...
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5 Reasons Why Lower Interest Rates Could Boost The Cannabis Industry
Monday, September 16, 2024 - 10:38am | 413As 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...
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$12M In Rental Income: Why Investors Should Watch This Stock That's Crushing Averages
Saturday, September 14, 2024 - 4:32pm | 751In a volatile cannabis market driven by regulatory uncertainty and the upcoming U.S. elections, New Lake Capital Partners (OTC:NLCP) stands out as a stable option for investors seeking consistent returns. With its cannabis-focused real estate portfolio, NLCP offers strong dividend yields and...
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Are Investors Missing The Forest? 35% Stock Drop Masks The International Potential Of This Weed Company
Saturday, September 14, 2024 - 2:32pm | 489InterCure Ltd. (NASDAQ:INCR) has shown resilience in its H1 2024 performance despite facing significant challenges, according to equity research by Pablo Zuanic of Zuanic & Associates. The company reported revenues of 126 million NIS ($33.97 million), surpassing the estimated 121 million NIS. ...
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Last Call For SNDL's Liquor President: Stock On The Rocks Amid Leadership Changes
Tuesday, September 10, 2024 - 5:49pm | 592SNDL Inc. (NASDAQ:SNDL) announced on Tuesday that Taranvir “Tank” Vander, president of its Liquor Division, is stepping down after two decades of leadership in the liquor industry. Vander, who began his career as a liquor store manager in the early 2000s, is retiring to pursue new...
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Cannabis Stocks React To Trump's Marijuana Comments: See Which Ones Posted Solid Gains
Monday, September 9, 2024 - 4:48pm | 1093Former President Donald Trump announced on Sunday night that, if re-elected, he would reschedule cannabis and support banking reforms for the marijuana industry. He also confirmed his support for Florida's Amendment 3, which would legalize recreational cannabis in the state. Trump's comments...
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Is Cresco Labs An Overlooked Cannabis Stock? Market Potential In Ohio, Florida & Pennsylvania Promise Opportunity
Monday, September 9, 2024 - 2:29pm | 697Despite trading at a discount to its peers, this company is well-positioned to benefit from various dynamics, presenting a potential opportunity for investors. A Monday morning note from Zuanic & Associates, rates Cresco Labs (OTC:CRLBF) as “Overweight” among the top five multi-...
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$1B In 26 Days: This Marijuana Company Is Capitalizing On Ohio's Cannabis Surge
Saturday, September 7, 2024 - 4:21pm | 516The launch of Ohio's recreational cannabis market on August 6 has set the stage for significant growth, with early data showing a 45% sales increase at various marijuana shops in just two weeks. Wholesale performance has also been strong. “Ohio began non-medical sales on 8/6/24, but full AU...