MSO

AYR Wellness Inc. (OTCQX:AYRWF) (CSE:AYR), a multi-state cannabis operator, revealed Wednesday its financial outcomes for Q4 and the entirety of 2023. The company reported a 10% revenue increase to $463.6 million and a significant uptick in adjusted EBITDA by 51% to $114.0 million. Q4 2023...

Nine of the ten largest debt raises ever completed for U.S. Cultivation & Retail companies were closed in 2021 and 2022. Over $4.3B of debt was sold over this period, far more than in any similar period in U.S. Cannabis history. Debt became the largest source of capital to the industry in 2022...

Marijuana’s status as a Schedule 1 substance under federal law makes things far more complicated for this industry compared to others. Despite 23 states having legalized recreational cannabis use and 39 with medical marijuana programs, one of the biggest challenges to the...

Cantor Fitzgerald's Pablo Zuanic has crunched Q3 earnings numbers for two cannabis MSOs following Auxly Cannabis Group Inc.'s (TSX: XLY) (OTCQX: CBWTF) and Columbia Care Inc.'s (OTCQX: CCHWF) quarterly performance reports. Cresco Labs...

Several cannabis multistate operators, or MSOs, are poised to report their third-quarter financials in November. Cantor Fitzgerald's analyst Pablo Zuanic weighed in with his expectations on the upcoming earnings season and took a closer look at TerrAscend Corp. (CSE: TER) (...

Curaleaf Holdings, Inc. (OTC: CURLF) reported its financial and operating results late Monday for the first quarter ended March 31, 2022, revealing revenue of $313 million, up 20% YoY. Gross profit on cannabis sales was $154 million for the first quarter of 2022, compared to $128 million in the...

Are Cannabis multiples too low, and how do we know? To answer this question, we collected and summarized data on 266 companies across nine different industries, which we believe to be the most similar to cannabis. Tobacco and alcohol, for example, are both frequently mentioned in this context....

C21 Investments Inc. (OTCQX: CXXIF), an American cannabis company and multi-state operator (MSO) with a presence in Nevada and Oregon, has seen its shares soar over 100% in the past few months. With an eye on the potential for federal cannabis reform under the Biden administration, investors...

Cantor Fitzgerald analyst Pablo Zuanic provided a financial update on the latest information about US MSOs in Illinois, Massachusetts, Nevada and Florida. Illinois is expected to benefit from "overweight" Cresco Labs (OTC: CRLBF) and Curaleaf Holdings (OTC: CURLF...