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Shareholder Lawsuit Challenges Tilray's Voting Tactics For Authorized Share Increase
Friday, November 15, 2024 - 2:30pm | 452Tilray Brands Inc. (NASDAQ:TLRY) faces a new shareholder lawsuit accusing the Canadian cannabis company of misleading voting practices for a second consecutive year. The legal complaint, filed on October 31, 2024 in the Delaware Court of Chancery, alleges that Tilray misled investors regarding the...
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Budget-Friendly High-THC Beverages: The Untapped Niche Investors Can't Afford To Miss
Thursday, August 15, 2024 - 1:03pm | 788While most cannabis beverages currently on the market offer lower THC content, typically in 5mg or 10mg doses, the demand for more potent options could carve out a lucrative segment. Brendan Mitchel-Chesebro, senior analyst at BDSA, noted that while beverages generally have a lower retail price...
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Tony Stark's Choice Vape? Synergy Innovation's Strategic Move To Restore Brands' Identity, Lead Market Niche
Wednesday, August 14, 2024 - 11:00am | 1062Synergy Innovation, recently launched as a house of brands, is making waves in the cannabis accessories sector with its acquisition of DaVinci and Eyce. This new venture marks a significant return to original ownership for these brands. Shauntel Ludwig, CEO of Synergy Innovation, discussed the...
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Maryland, Ohio And Illinois Defy The Trend In M&A Activity: What Investors Can Learn
Tuesday, June 11, 2024 - 9:36pm | 905Despite an overall decline in mergers and acquisitions (M&A) across the cannabis industry, a few states are bucking the trend, showcasing growth and resilience. Recent data from Viridian Capital Advisors provides a comprehensive view of this dynamic sector, highlighting intriguing patterns for...
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Rumors Of Green Thumb And Boston Beer Merger: What Investors Need to Know, Analyst Breaks It Down
Thursday, June 6, 2024 - 4:02pm | 797Green Thumb Industries (OTC: GTBIF) has expressed interest in merging with Boston Beer (NYSE: SAM), according to a recent report by Pablo Zuanic of Zuanic & Associates. What strategic advantages does this merger offer? How will this impact the profitability of both companies? Could this merger...
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Investing In Cannabis In 2024? BDSA Analyst Signals Key Markets And Profitable Growth Segments
Thursday, December 21, 2023 - 11:34pm | 751BDSA's analyst Brendan Michel-Chesebro sheds light on the potential of cannabis products on the U.S. cannabis market, highlighting the significant opportunities and risks for 2024. Opportunities and Risks in Hemp Products Hemp-derived products, unlike their cannabis counterparts, are not bogged...
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Stardust: The New Robot That 'Glazes' Cannabis Pre-Rolls For Premium Appeal And Profit
Wednesday, December 6, 2023 - 5:53pm | 1405Pre-rolls are a major driver of growth in the cannabis market, with companies increasingly focusing on premium offerings. They present a wide array of configurations, enabling brands to either target specific niches tightly or expand their reach to a broader consumer base. In a revealing interview...
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Ready-To-Bake: Optimize Cannabis Retail Sales For Thanksgiving With BDSA's Basket Analytics
Friday, November 17, 2023 - 3:32pm | 905The Thanksgiving cannabis market exhibits a nuanced shift towards infused culinary products, presenting retailers with an opportunity to tailor their offerings and enhance consumer experience during the holiday season. Brendan Mitchel-Chesebro, analyst at market research firm BDSA, sheds light on...
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Blooming: Flora Growth's First Profitable Quarter Amid Strategic Shifts
Friday, November 10, 2023 - 12:59pm | 403Global cannabis company Flora Growth Corp (NASDAQ:FLGC) announced its financial results for the quarter ended September 30, 2023. Q3 2023 Financial Highlights Revenue climbed to $17.3 million, marking a 78% increase from the previous year’s quarter. Net loss of $47.3 million compared to $39....
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Rising Star Among Cannabis Companies: Why MariMed Deserves Your Attention
Sunday, November 5, 2023 - 2:55pm | 1039Zuanic & Associates (Z&A) initiates coverage of cannabis company MariMed (OTC: MRMD) with an Overweight rating. While the entire sector anticipates positive US federal reform news, MariMed stands out as a stock that can perform well even in the absence of such reforms....
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Verano Holdings' 13-State Cannabis Footprint & Solid Balance Sheet Is Undervalued, Expert Explains
Friday, November 3, 2023 - 2:34pm | 820Equity research firm Zuanic & Associates, led by senior analyst Pablo Zuanic, has initiated coverage of cannabis company Verano Holdings Corp.(OTC: VRNOF) with an Overweight rating. Verano is the 3rd largest Multi-State Operator (MSO) by EBITDA and the 4th largest by sales in the cannabis...
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Sweet Treats Take Over: Gummie Consumption Outpaces Flower In Latest Consumer Data, Here's Why
Thursday, July 27, 2023 - 9:21am | 1022Gummies have overtaken the flower market based on consumer data from the latest BDSA cannabis market report. To learn more, Benzinga spoke with Brendan Mitchel-Chesebro, a cannabis market analyst, about how branding opportunities and targeted marketing strategies employed by edible companies...
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Cash Flow Chronicles: Analyst Dissects Canadian Cannabis Balance Sheets, Market Trends Vs. The US
Thursday, July 27, 2023 - 9:05am | 940Benzinga recently reviewed the balance sheet and cash flow trends of Canadian LPs (licensed producers). Zuanic & Associates presents crucial factual key findings: StatCan (official government source) reported May cannabis retail sales (rec) of $415.6Mn, up 1.2% MoM, and -2.1% in day-adjusted...
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Fire & Flower Holdings: Analyst Reduces Price Target To $1.65 And Remains Neutral
Monday, December 19, 2022 - 4:30pm | 508Fire & Flower Holdings Corp. (OTCQX: FFLWF) (NYSE: FAF) (TSX: FAF.TO) released its financial and operational results for fiscal 2022 third quarter ended October 29, 2022, revealing revenue of CA$43.8 million ($32.2 million) for Q3 2022, representing an increase of 8% from CA$40.7 million in the...
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Bright Green Corporation Announces Q3 Financial Update And 'Milestone' Progress
Tuesday, November 15, 2022 - 5:30pm | 725Bright Green Corporation (Nasdaq: BGXX), reported financial results Monday for the quarter that ended September 30, 2022. Financial Highlights for Third Quarter 2022 The Company recorded no revenues for the quarter, as it continues to build facilities to grow, research and distribute cannabis,...