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…
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…
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.
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…
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.
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…
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…
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…
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 …
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…