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Trump's Marijuana Support Could Ignite Stock Surge – Are You Positioned To Benefit?
Thursday, September 5, 2024 - 9:38am | 565The cannabis market is abuzz following former President Donald Trump’s recent comments supporting cannabis legalization in Florida. During a podcast interview, Trump backed the state’s recreational cannabis initiative and emphasized the need for a lawful and regulated framework....
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6.7M Options And Major Share Conversions Could Ignite This Under-The-Radar Weed Stock
Wednesday, September 4, 2024 - 1:36pm | 424Grown Rogue International Inc. (CSE:GRIN) (OTC:GRUSF), a craft cannabis company rooted in Oregon’s Rogue Valley granted stock options and restricted stock units (RSUs) to key directors, officers and employees, marking a significant step in aligning leadership incentives with long-term company...
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Cheaper Than A Big Mac: Weed Penny Stocks Emerge As Winners Amidst Market Downturn
Thursday, August 29, 2024 - 5:17pm | 956The cannabis sector has seen its share of turbulence, highlighted by a 15.24% drop in the MSOS ETF (NYSE:MSOS) following the DEA’s decision to delay the rescheduling of cannabis until December 2nd. This delay adds to the uncertainty in an already volatile market, particularly as the U.S....
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Delivering Returns As The Cannabis Market Tanks: What Wall St Won't Tell You About Chicago Atlantic Real Estate's Growth
Wednesday, August 28, 2024 - 12:56pm | 418Chicago Atlantic Real Estate Finance (NASDAQ:REFI) has emerged as a stable investment in the volatile U.S. cannabis sector, delivering returns even as the market faces turbulence. This strategic resilience is underscored in the latest equity research by Pablo Zuanic of Zuanic and Associates....
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Cannabis Stocks Plummet By Up To 16% On DEA Rescheduling Delay: Could This Be The Buying Opportunity Of 2024?
Tuesday, August 27, 2024 - 11:09am | 822The U.S. Drug Enforcement Administration (DEA) announced a delay on Monday in its final ruling on cannabis rescheduling until after the November presidential election. The decision, which has created uncertainty in the market, pits Vice President Kamala Harris, a cannabis reform advocate, against...
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Is Ayr Wellness Cannabis Stock Overvalued? Betting On Growth Despite Profitability Challenges
Tuesday, August 27, 2024 - 9:18am | 564Despite a tumultuous quarter, the U.S. multi-state cannabis operator (MSO) Ayr Wellness Inc. (OTC:AYRWF) has provided shareholders with a notable return over the past year. The stock, which surged an impressive 136% over the last twelve months, has recently experienced a downturn, shedding 15% of...
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Leading US Cannabis Operator Gets Buy Rating Amid Strategic Divestment And Growth Initiative
Monday, August 26, 2024 - 6:38pm | 527In an assessment by Canaccord Genuity (OTC:CCORF) published Monday, Cannabist Company Holdings (OTC:CBSTF) has maintained its Buy rating with a targeted price point of C$1.00, as confirmed by analyst Martin Roberge. This valuation stems from the company’s calculated divestitures and a sharp...
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Village Farms And TILT Holdings: A Tale Of Two Cannabis Companies Facing Diverging Fortunes
Wednesday, August 21, 2024 - 9:31am | 410Village Farms International (NASDAQ:VFF) and TILT Holdings (OTC:TLLTF) are both significant players in the cannabis sector, yet their recent financial reports reveal starkly contrasting trajectories. According to recent analyses by Pablo Zuanic of Zuanic & Associates, the future looks promising...
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TerrAscend Launches $10M Share Repurchase Program Amid Strong Q2 Results
Tuesday, August 20, 2024 - 3:42pm | 510TerrAscend Corp. (TSX:TSND) (OTC:TSNDF), a leading cannabis operator with headquarters in Canada, announced Tuesday the authorization of a $10 million share repurchase program. This marks the first stock buyback initiative by TerrAscend, authorized by its Board of Directors under a normal course...
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Rubicon's Revenue Grows, Profit Margins Shrink In Q2– What's Next For This Canadian Cannabis Company?
Thursday, August 15, 2024 - 10:57am | 503On Thursday, Rubicon Organics Inc. (OTC: ROMJF) reported a net revenue of CA$12.1 million for Q2 2024, reflecting a 7% increase from Q2 2023. However, the company’s gross profit for the quarter was CA$4.05 million, down 12% from the previous year. This means that while Rubicon Organics...
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Cannabis Rescheduling Likely 'In The Next 12 Months,' Says MariMed CEO As Company Invests In Key Markets
Monday, August 12, 2024 - 7:19pm | 753Senior analyst Pablo Zuanic hosted a fireside chat Monday evening with Jon Levine, CEO of MariMed Inc. (OTC: MRMD) who outlined the company's operations, growth strategies and financial outlook. The discussion provided insights into MariMed's performance in key...
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GrowGeneration's Q2 Revenue Jumps 11.8% - Can Restructuring Drive Profits?
Thursday, August 8, 2024 - 7:18pm | 416GrowGeneration Corp. (NASDAQ: GRWG), a distributor of products for indoor and outdoor hydroponic and organic gardening, reported second-quarter net revenue of $53.5 million on Thursday afternoon, reflecting an 11.8% increase quarter-over-quarter. CEO Darren Lampert highlighted several key areas of...
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TerrAscend's Q2 2024 Results: Keeps 48.6% Of Revenue As Profit, EBITDA Margin Increases
Thursday, August 8, 2024 - 7:12pm | 416TerrAscend Corp. (OTC: TSNDF) reported net revenue of $77.5 million for the second quarter of 2024, reflecting a 7.5% increase compared to $72.1 million in the same period in 2023. Executive chairman Jason Wild highlighted the company's material revenue and EBITDA growth, positive free cash...
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Jushi Holdings Slashes Net Loss, Adds 300+ Weed Products And Refinances Facility Debt All In Q2 2024
Wednesday, August 7, 2024 - 7:32pm | 716Jushi Holdings Inc. (OTC: JUSHF) has announced its financial results for the second quarter ended June 30, 2024, showcasing significant operational improvements and strategic developments. The company reported a net loss of $1.9 million, a considerable improvement from a $14.0 million loss in Q2...
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Curaleaf Posts $48.9M Loss In Q2: What It Means For Your Cannabis Investments
Wednesday, August 7, 2024 - 6:53pm | 560Curaleaf Holdings, Inc. (OTC: CURLF) announced a second-quarter revenue of $342 million, reflecting a 2% increase from the previous year. Key Financial Indicators Net Loss: Curaleaf experienced a net loss of $48.9 million for the quarter, marking a per-share loss of $0.06. Gross Profits and...