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Cannabis Boom Or Bust: State Trends Marijuana Investors Can't Afford To Ignore In 2Q24
Tuesday, August 6, 2024 - 9:46pm | 759Quarterly earnings will highlight efficient operators' growing market share and building sustainable platforms. Pablo Zuanic, senior analyst at Zuanic & Associates, provides an overview of the cannabis market trends in key states ahead of the second quarter earnings season. Zuanic...
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Vireo Growth Inc. Turns $1M Loss Into $5.8M Gain In Q2: What Investors Need To Know About This Cannabis Stock
Tuesday, August 6, 2024 - 7:02pm | 575Vireo Growth Inc. (OTC: VREOF) announced its financial results for the second quarter of June 30, 2024. The cannabis company reported significant year-over-year growth in several key financial metrics. CEO Josh Rosen commented on the results: "We were pleased to recently activate recreational...
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$2.6B In Assets, 11% Debt Ratio And Dividend Boost: IIPR Cannabis Real Estate Stock Reports Q2 Results
Monday, August 5, 2024 - 7:00pm | 600Innovative Industrial Properties, Inc. (NYSE: IIPR), a real estate company focused on the regulated U.S. cannabis industry, reported its financial results for the second quarter ended June 30, 2024. David Smith, chief financial officer, commented in a press release Monday afternoon, "IIP paid...
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Out Of Pocket: Which U.S. Cannabis Company Owes The Most Money In 2024?
Friday, August 2, 2024 - 11:17am | 801In a recent report, Pablo Zuanic, senior analyst at Zuanic & Associates, analyzes the debt maturities of over 20 multi-state operators (MSOs) in the cannabis industry. This comprehensive review follows Ascend Wellness's significant $200 million debt refinancing. Ascend Wellness Holdings (...
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Cannabis Stocks React To Biden Announcement: Monday's Closing Market Moves
Monday, July 22, 2024 - 6:12pm | 667The cannabis sector witnessed significant movement today, with varied performances across key stocks and ETFs following President Joe Biden’s Sunday announcement that he will not seek re-election. The news created ripples in the market, reflecting investor sentiment and...
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Cannabis Stocks Surge Then Plummet On News That Biden Is Bowing Out Of 2024 Presidential Race
Monday, July 22, 2024 - 2:12pm | 745President Joe Biden's announcement that he will not seek re-election has impacted the cannabis stock market. The sector's reaction varied, reflecting investor sentiment and market speculation about future regulatory changes under a potential new administration. This analysis, derived from...
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This Cannabis Lender Is Sitting On A Stack Of Capital: 100% Dividends Meet Equity-Like Returns
Saturday, July 20, 2024 - 12:47pm | 823In a recent webinar hosted by Pablo Zuanic from Zuanic & Associates, AFC Gamma's top executives discussed the company's strategic direction, focusing on the spin-off of its commercial real estate business, the current state of its cannabis loan book, and its competitive positioning in...
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Planet 13 Expands With 30 New Dispensaries: What's The Secret To Higher Margins?
Thursday, July 18, 2024 - 7:08pm | 758Planet 13's leadership, including co-CEOs Robert Groesbeck and Larry Scheffler and CFO Dennis Loganr ecently discussed the company’s strategic initiatives and market outlook in a webinar hosted by Pablo Zuanic of Zuanic & Associates. The conversation covered significant updates...
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European Cannabis Companies Race To The Nasdaq: $1B In Tax Break On The Horizon
Thursday, July 18, 2024 - 3:25pm | 992Some European cannabis companies are already planning initial public offerings (IPOs) on the Nasdaq, encouraged by the prospect of a less restrictive regulatory environment. The potential rescheduling of cannabis to Schedule III of the Controlled Substances Act and Germany’s...
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Cannabis Stocks: Canadian Companies Outperformed American Counterparts Last Week
Tuesday, July 16, 2024 - 6:25pm | 807Analyst Lorimer Wilson, a contributor at TalkMarkets, signaled that Canadian Limited Partnership (LPs) Cannabis Companies did much better than American multi-state operators (MSOs) as the cannabis sector remains highly volatile, with stock prices reacting sharply to news. Canadian Cannabis...
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These Two Cannabis Stocks Face Setback Following Pennsylvania Budget Approval: What You Need To Know
Monday, July 15, 2024 - 10:06pm | 1110Pennsylvania's recent budget approval excludes the legalization of recreational cannabis, marking a significant setback for cannabis companies like Jushi Holdings (OTC: JUSHF) and TILT Holdings (OTC: TILT). Governor Josh Shapiro, who had championed the cause, faced opposition from a divided...
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U.S. Inflation Drop Paves Way For Federal Reserve Rate Cuts: Will Cannabis Stocks Benefit?
Friday, July 12, 2024 - 11:54am | 758The recent drop in U.S. inflation has sparked discussions about potential interest rate cuts by the U.S. Federal Reserve Bank. As inflation cools, investors are reconsidering their portfolios, with cannabis stocks emerging as a potential opportunity. Cooling Inflation Trends Inflation in the U...
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IM Cannabis Announces Major Share Consolidation Plan: What Investors Need To Know
Friday, July 5, 2024 - 10:55am | 617IM Cannabis Corp. (CSE:IMCC) (NASDAQ:IMCC), an international medical cannabis company with operations in Israel and Germany, has announced its board of directors’ approval for a consolidation of its issued and outstanding common shares. The consolidation will convert every six pre-...
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Is Now The Time To Invest In Cannabis Stocks? Trends And Long-Term Predictions From Industry Experts
Friday, July 5, 2024 - 9:55am | 849The recent federal court ruling dismissing a lawsuit from major cannabis companies that sought to prevent the U.S. government from enforcing prohibition against their in-state activities, could signal critical implications for cannabis stocks and the broader industry. On a recent episode of the The...
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Europe Is Turning Cash Flow Positive, 'We'll See What Happens In The U.S.,' Says Curaleaf's Boris Jordan
Wednesday, July 3, 2024 - 1:03pm | 1071On July 1, 2024, Boris Jordan, chairman of Curaleaf Holdings (OTC: CURLF), participated in a fireside chat with Pablo Zuanic, senior analyst to discuss Curaleaf's strategic initiatives in Europe and the hemp derivatives market. European Market Leadership Jordan noted that Curaleaf...