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What Is The Trump Factor? Justice Dept's Impact On Cannabis Rescheduling, Stocks And Investments
Tuesday, June 18, 2024 - 5:03pm | 700Equity research firm Zuanic & Associates convened a panel in mid-June featuring industry experts to dissect the ongoing cannabis rescheduling efforts in the US. They provided a comprehensive outlook on the rescheduling process, expected to conclude with the publication of the Final Rule in the...
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Normalizing & Professionalizing Cannabis With Cresco Labs' CEO Charlie Bachtell
Thursday, October 12, 2023 - 10:35pm | 1112“Appreciate the opportunity to be here today,” said keynote speaker Charlie Bachtell, co-founder & CEO of Cresco Labs Inc (OTCQX: CRLBF) at the September Benzinga Cannabis Capital Conference panel discussion, moderated by Debra Borchardt, executive editor at Green Market Report...
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From Fast-Acting Hemp Extracts To Wiz Khalifa Mushroom Kits: Tracking Progressive Trends In Cannabis & Psychedelics
Friday, September 22, 2023 - 7:37pm | 1211The world of cannabis and psychedelics is evolving at a rapid pace, with companies introducing groundbreaking products and expanding into new markets. From advanced cannabis delivery systems to organic mushroom grow kits, these innovations are not only reshaping consumer choices but also promoting...
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Inclusion Ignites Illinois Marijuana Industry: New Ventures Rise As Benzinga's Cannabis Conference Hits Chicago
Tuesday, August 8, 2023 - 4:32pm | 814Illinois' cannabis landscape is experiencing a dynamic transformation, showcasing both significant milestones and persistent challenges in its journey toward inclusivity and expansion. Gov. Jay Robert "J.B." Pritzker (D), a driving force behind this evolution, is set to take center...
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Employee Poaching Controversy Heats Up Among Top US Cannabis Companies
Friday, July 21, 2023 - 4:26pm | 736In a legal battle between two of America's biggest cannabis companies, Cresco Labs Inc (OTC: CRLBF) has accused competitor Green Thumb Industries Inc (OTCQX: GTBIF) of illicitly recruiting its high-level personnel. As reported by Chicago Sun-Times, both firms, based in Chicago's River...
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Cannabis Retail Prices In Illinois Decrease 18% YoY, Cantor Fitzgerald Survey Looks Into Why
Thursday, February 23, 2023 - 6:03pm | 665A survey conducted by Cantor Fitzgerald, involving 52 Illinois dispensaries and their flower SKUs, shows the state's retail prices are down 18% YoY. Market Flower Retail Prices & SKUs In IL According to the survey, Illinois flower prices (3.5g pack presentation) at $15.17/g are 25% higher...
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Missouri Recreational Marijuana Sales And Their Impact On Illinois' Market, An Expert's View
Thursday, February 9, 2023 - 6:59pm | 818Once Missouri rolled out recreational cannabis sales "all 200 medical dispensaries have converted or will soon convert to recreational," said Cantor Fitzgerald's Pablo Zuanic. Zuanic contends the state could reach $1.6 billion in sales in 2-3 years. The...
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These Are The Largest Cannabis Companies In Chicago, According To Crain's
Tuesday, December 6, 2022 - 5:13pm | 691On Monday, Crain's Chicago released a list of Chicago's largest marijuana companies. These leading cannabis industry players in the Midwest city inlcude: publicly traded Cresco Labs Inc (OTCQX: CRLBF) (CSE: CL), Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), and Green Thumb...
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Cresco Labs Gains 'Firm Visibility' With Recent Asset Sales To Sean Diddy Combs
Friday, November 4, 2022 - 5:57pm | 874Cresco Labs Inc (OTCMKTS: CRLBF) and Columbia Care Inc (OTCMKTS: CCHWF) announced the signing of definitive agreements to divest certain New York, Illinois, and Massachusetts assets to an entity owned and controlled by Sean “Diddy” Combs. Cantor Fitzgerald's Pablo Zuanic...
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Cresco Lab's 1Q Results After Conference Call, Analyst Opines
Wednesday, May 18, 2022 - 4:44pm | 471The Analyst Following Cresco Labs’ (OTC: CRLBF) (CSE:CL) conference call, Pablo Zuanic, from Cantor Fitzgerald kept an "Overweight" rating and maintained a 12-month price target of $19. “We will not update forward quarterly estimates until SEDAR is out (expected tomorrow...
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Columbia Care: Challenging 1Q, Stock Is Now Tied to Cresco Deal Analyst Says
Monday, May 16, 2022 - 6:46pm | 592The Analyst Pablo Zuanic, from Cantor Fitzgerald, rated Columbia Care Inc. (OTC: CCHWF) as Overweight with a price target of $5.10. The Thesis Columbia Care reported its unaudited financial and operating results for the first quarter ended March 31, 2022, on Monday. The firm reported revenue of $...
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Cresco Labs To Acquire Columbia Care For $2.1B, Becoming Largest Cannabis Company In US
Wednesday, March 23, 2022 - 1:38am | 384U.S. cannabis producer Cresco Labs Inc. (OTCQX: CRLBF) is acquiring its rival Columbia Care (OTCQX: CCHWF) for $2.1 billion, Reuters reported late Tuesday. Additional sources confirmed the transaction in conversation with Benzinga. Once the deal is finalized, Cresco Labs will become the new leader...
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Low-Cost Pot Stocks To Consider, According To Entourage Effect Capital's Codie Sanchez
Friday, March 19, 2021 - 11:10am | 579There are several key parameters an investor should consider when investing in the cannabis space, according to Entourage Effect Capital (EEC) Managing Director Codie Sanchez. Most of the market is currently small- to mid-cap, and any cannabis stock could be a worthwhile investment...
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Adequate Implementation, Not Additional Taxes, Key To Cannabis Social Equity Success
Friday, February 19, 2021 - 12:26pm | 1083The calls for social equity in cannabis continue to grow louder as the market matures and more states come online. While most in the space support social equity, its implementation and the market's taxation has the sector debating the need for high taxes to fund equitable efforts. The topic is...
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How Many Legal Weed States Before We Get Federal Reform? We May Be There Already
Thursday, February 18, 2021 - 11:17am | 1129Most states have passed some type of cannabis reform — only six consider it fully illegal. Yet, on the federal level, the marijuana prohibition has yet to be repealed. Lawmakers continue to drag their feet, with just incremental progress taking shape in the 116th Congress. Sources...