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  • Stories published in last 24 hours

Tuesday, May 14

16

Analysts May Need To Revise Cannabis Stock Projections For 2024: 10 Companies Surpass EBITDA Estimates By $37M

www.benzinga.com

Cannabis equity analysts may need to revise their 2024 earnings estimates after first-quarter results from major multi-state operators (MSOs). According to a recent report by Viridian Capital Advisors, 10 MSOs surpassed EBITDA estimates by…

Monday, May 13

18

Cannabis Chart Of The Week: Analysts React Meekly To Strong Q1'24 Earnings

www.benzinga.com

In our January 2024 outlook, we asserted that cannabis equity analysts, having been burned by the need for continual downward revisions in 2023, were undershooting in their 2024 & 2025 estimates. First quarter results are now in for ten…

Saturday, May 11

21

15

Thursday, May 9

20

Cannabis REIT NewLake's Q1 2024 Revenue Grows 10.4% Hitting $12.6M, CEO Is Optimistic About Possible Marijuana Rescheduling

www.benzinga.com

Explore NewLake Capital's Q1 earnings surge! Discover key financial highlights, operational moves and CEO's insights in the cannabis industry.

Wednesday, May 8

16

Aurora Cannabis: Medical Market In Focus, Golden Cross Suggests Stock Uptrend Ahead Of Q1 Earnings

www.benzinga.com

Aurora Cannabis' "Golden Cross" pattern is a bullish signal and comes as marijuana market conditions improve across various states

Sunday, May 5

Reclassifying Marijuana Could Unlock Billions in Tax Savings for Cannabis Companies

www.wsj.com

The proposed change could lift an income tax burden that wipes out most licensed marijuana retailers’ earnings.

Thursday, May 2

01

Friday, Apr 26

02

Investors Shuffle Stock Positions In Aurora Cannabis: Beyond Earnings, Liquidity Looks Appealing

www.benzinga.com

Aurora Cannabis Inc. captured investor attention with a dramatic 38% increase in options trading and a significant 18.2% surge in stock price in a single trading day.

Tuesday, Apr 16

03

Agrify Cannabis Cultivation & Tech Company's Full-Year Earnings Mark Major Positive Comeback

www.benzinga.com

Agrify Corporation (NASDAQ: AGFY), a trailblazer in cultivation and extraction technologies for the cannabis sector, has disclosed its financial achievements for the fiscal year ending December 31, 2023, marking a significant turnaround…

02

Marijuana Investors Bet Big On Long-Term Growth Over Short-Term Earnings As Market Value Rises By 39%

www.benzinga.com

Recent data from the Viridian Cannabis Deal Tracker highlights significant changes in the valuation multiples of major multi-state operators (MSOs) in the cannabis sector.

Thursday, Apr 11

00

NewLake Capital Partners to Host First Quarter 2024 Earnings Call on May 9th at 11:00 a.m. ET

www.benzinga.com

NEW CANAAN, Conn., April 11, 2024 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX:NLCP) ("The Company" or "NewLake"), a leading provider of real estate capital to state-licensed cannabis operators, today announced that it plans…

Monday, Apr 8

14

MariMed Announces First Quarter 2024 Earnings Date

www.benzinga.com

NORWOOD, Mass., April 08, 2024 (GLOBE NEWSWIRE) -- MariMed Inc. ("MariMed" or the "Company"), (CSE:MRMD), (OTCQX:MRMD), a leading multi-state cannabis operator focused on improving lives every day, announced today it will report first…

Thursday, Apr 4

16

TerrAscend to Host First Quarter 2024 Earnings Conference Call

www.benzinga.com

TORONTO, April 04, 2024 (GLOBE NEWSWIRE) -- TerrAscend Corp. ("TerrAscend" or the "Company") (TSX:TSND) (OTCQX:TSNDF), a leading North American cannabis company, today announced that it will host a scheduled conference call to discuss the…

Monday, Apr 1

13

Thursday, Mar 28

20

Wednesday, Mar 27

18

Monday, Mar 18

Cannabis Chart Of The Week: The Market Reacted Rationally (For A Change) To 4th Qtr 2023 Earnings Releases

www.benzinga.com

Earnings for the 4th quarter of 2023 have largely been released, and the results were generally positive, with a few exceptions. Unlike what we expected, the market reacted rationally to the EBITDA beats with a statistically significant …

Friday, Mar 15

22

Second-Largest Cannabis Retailer In North America Reports Record Revenue, Adjusted EBITDA In Q1

www.benzinga.com

High Tide Inc. released on Friday its financial results for the first fiscal quarter of 2024 ended January 31, 2024, revealing an 8% year-over-year and 1% sequential increase in revenue to CA$128.1 million. The Canadian cannabis retail…

Wednesday, Mar 13

21