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'This Isn't A Short-Term Fix': Inside Cannabis Companies' Push For Efficiency And Growth
Monday, October 21, 2024 - 11:56am | 615Jesse Redmond, head of cannabis research at Water Tower Research, shared his perspective during his recent participation at the Benzinga Cannabis Capital Conference, emphasizing the strategic shift many cannabis companies are making toward efficiency. Redmond explained that this year has marked...
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EXCLUSIVE: Cannabis Companies Must 'Get More Juice From The Same Squeeze,' Says Cresco Labs CEO As Challenges Persist
Wednesday, October 9, 2024 - 3:05pm | 806Finding a balance between getting more scale, but still being productive and having high margins in the current landscape in the cannabis industry, is a "daily challenge." That's according to Charlie Bachtell, CEO and co-founder of Cresco Labs Inc (OTCQX:CRLBF), a company running over 70 cannabis...
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Cannabis Now Surpasses Alcohol: 'This Trend Will Continue for Decades,' Says Expert
Wednesday, May 29, 2024 - 12:47pm | 1124For the first time in U.S. history, the number of people consuming cannabis daily or almost daily has overtaken those who drink alcohol with the same frequency, according to a new study published in the journal Society for the Study of Addiction. This landmark shift has substantial implications...
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Cannabis Stocks And ETFs Surged On Marijuana Rescheduling News: WTR's Industry Report Analyzes What's Behind The Optimism
Tuesday, May 21, 2024 - 1:45pm | 919The Department of Justice (DOJ) move to reclassifying cannabis from Schedule I to Schedule III provoked a noticeable uptick in cannabis market activities, as detailed in the latest industry report by Water Tower Research (WTR). Cannabis ETFs Surge Ahead Of Rescheduling Announcement According to...
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EXCLUSIVE: CEO Of This California Company Has Advice On How To Beat The Illicit Cannabis Market, Shares His Formula At Benzinga Conference
Tuesday, April 16, 2024 - 12:32pm | 600Being locked up in prison for cannabis "has to end," said Kyle Kazan, Glass House Brands Inc.‘s (CBOE CA: GLAS.A.U) (CBOE CA: GLAS.WT.U) (OTCQX:GLASF) (OTCQX:GHBWF) CEO and chairman, who stressed that many people are still sitting in federal prison, "living in cages" for a plant. Kazan urged...
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Eclipsing Prohibition: US Cannabis Industry Report Shows Growth Amid Regulatory Anticipation
Tuesday, April 9, 2024 - 3:32pm | 1105In the latest report from Water Tower Research (WTR) published Monday, seasoned industry analyst Jesse Redmond provides a comprehensive overview of the most recent investment trends and legal shifts in the cannabis sector. Redmond’s analysis will doubtless trigger conversation at the...
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TerrAscend Cannabis Co Shares Expansion Plans On Water Tower Research Podcast
Monday, March 25, 2024 - 7:50pm | 671In a recent episode of a podcast hosted by Jesse Redmond, managing director at Water Tower Research, TerrAscend Corp (OTCQX:TSNDF) executives, Jason Wild and Ziad Ghanem delved into the company’s fourth-quarter and full-year financial achievements for 2023. The conversation provided a glimpse...
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Inside Benzinga's California Cannabis Spotlight: Key Takeaways On The Water Tower Podcast
Tuesday, March 12, 2024 - 9:07am | 728In a recent episode of The Water Tower Hour podcast, Benzinga's Elliot Lane illuminated the diverse and dynamic California cannabis industry with insights from the company’s inaugural regional event held in Los Angeles on February 22. Hosted by Water Tower Research’s Tim Regan and...
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California's Premier Cannabis Event: Benzinga's Market Spotlight Hits Los Angeles!
Wednesday, February 7, 2024 - 1:09pm | 503Get ready to experience the ultimate cannabis industry event in the heart of Southern California! Benzinga Cannabis Conferences are coming back with a bang. Mark your calendars for Thursday, February 22, 2024, as Culver City’s BioScience LA is all set to transform into the venue for the ...
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US Cannabis Stocks Surge By 69%: Water Tower Research Report Breaks Down Top Performers
Wednesday, January 24, 2024 - 2:12pm | 642In a recent report from Water Tower Research, authored by analyst Jesse Redmond, the cannabis industry's current landscape paints an interesting, if optimistic, picture. Impressive Gains In Cannabis Market Since the US Department of Health and Human Services (HHS) hinted at potential...
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Why Is My Screen So Green? Cannabis Stocks Surge In Early 2024, WTR Reports Findings
Tuesday, January 9, 2024 - 4:49pm | 724In early 2024, the screens of cannabis investors lit up with a promising green glow, which signals stock prices going up and a bullish surge in cannabis stocks. Water Tower Research (WTR) captures this momentum in its latest report, offering a concise overview of the significant gains and...
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Big Tobacco Investments Drive Cannabis Stock Surge As US Equities Outshine Canadian Peers
Monday, November 13, 2023 - 11:34am | 582The landscape of cannabis stocks is undergoing a significant shift, with recent weeks marking a robust uptick in market performance. This surge is largely attributed to major investments from industry giants and notable company achievements, painting a promising picture for cannabis stock investors...
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EXCLUSIVE: Why TerrAscend's Success Doesn't Rely On Federal Cannabis Reform
Thursday, September 28, 2023 - 4:06pm | 817At a time when marijuana businesses are hoping for cannabis reform on the federal level, one company is no longer at the mercy of policymakers on the Hill. "We're independent of the need for federal reform or tax relief or anything like that," Jason Wild, chairman of TerrAscend Corp....
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Senate Banking Committee Confirms: No Vote On Cannabis Banking Bill Next Week
Monday, September 11, 2023 - 9:33pm | 700After much anticipation and encouraging remarks from members of the Senate Banking Committee like Sen. Sherrod Brown (D-OH) and Senate Majority Leader Chuck Schumer (D-NY), cannabis banking will not come to a vote next week. Though Senators from both sides of the aisle indicated...