Massachussetts Cannabis

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%...

Federal decisions on cannabis rescheduling and the SAFE Banking Act could reshape growth paths for multi-state operators (MSOs) and spark stock volatility across the industry. Meanwhile, states like Florida are considering recreational legalization, opening the door to substantial new revenue...

Can a cannabis brand go from a garage startup to an acquisition by a multi-state operator in a few years? LEVIA did exactly that. What began as an experiment in cannabis tinctures, brewed above a Massachusetts garage, quickly became one of the state’s top-selling cannabis beverage brands—...

Massachusetts cannabis regulators have fined two prominent companies, Ascend Wellness Holdings (CSE:AAWH) (OTC:AAWH) and Curaleaf Holdings (TSX:CURA) (OTC:CURLF), for violations related to consumer safety practices. The fines, totaling $165,000, were issued after both companies self-reported the...

Amid industry consolidation, identifying emerging brands in key markets is crucial for acquisitions and collaborations. While wholesale prices have risen, retailer margins have tightened, reducing profitability. Cannabis concentrates offer a way to premiumize offerings and improve margins in this...

In a recent sector analysis by Pablo Zuanic of Zuanic & Associates, key trends across four Eastern states are dissected to understand the brand landscape of the cannabis market. Zuanic navigates through the evolving dynamics of the cannabis industry, providing valuable insights into brand...

Zuanic & Associates' senior analyst Pablo Zuanic offers a detailed analysis of MariMed Inc. (OTC: MRMD), underscoring its promising trajectory in the cannabis sector and its potential to become a top Multi-State Operator (MSO). "We estimate MariMed's spot EV at $213Mn, which is 1....

Zuanic & Associates (Z&A), an equity research firm has initiated coverage of TILT Holdings (OTC: TLLTF), a micro-cap stock with a $12 million market cap, with an Overweight rating. TILT’s EBITDA Potential Senior Z&A analyst Pablo Zuanic highlighted the...

Labor Judge Orders Massachusetts Dispensary To Negotiate With Union Despite Election Loss A federal judge ruled in favor of the United Food and Commercial Workers Union (UFCW) in Massachusetts, ordering cannabis retailer I.N.S.A. Inc. to negotiate with the union despite the UFCW losing an election...

NJ Considers Clinical Cannabis Research Partnerships New Jersey regulators are soliciting public input on a proposal to introduce "clinical registrant permits," enabling dispensaries to collaborate with research institutions for in-state cannabis studies. This move seeks to enhance...

Massachusetts Cannabis Control Commission Chair Shannon O'Brien Suspended Treasurer Deborah Goldberg has suspended Cannabis Control Commission (CCC) Chairwoman Shannon O'Brien, whose appointment she made a year ago. The reasons for the suspension have yet to be disclosed, and it is unclear...

The introduction of recreational cannabis sales has brought about significant shifts in the medical marijuana (MMJ) landscape across several states, impacting sales and patient counts. In many states, MMJ sales have experienced double-digit declines following the onset of recreational sales....

Maryland's recreational cannabis sales, which began in July 2023, surged impressively in just the first month, reaching $87.3 million. According to analysis firm, Zuanic & Associates, this significant growth, although promising, falls slightly short of expectations given the state's...