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Cannabis Reports Highlight $339M And $297.6M Revenue Insights In Curaleaf And Trulieve's Q1 2024 Financials
Friday, May 10, 2024 - 6:42pm | 770A recent Beacon Securities report focuses on Curaleaf's strategic financial management and the potential impacts of legislative changes on its operations. Concurrently, Needham's report highlights Trulieve's operational strengths and projected growth, emphasizing the company's...
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Cannabis Companies' Gains - U.S. Versus Canada: Averages Can Be Deceiving, Irrational Market Behavior To Blame?
Thursday, April 25, 2024 - 9:57am | 645Recent insights from Viridian Capital Advisors shed light on the bewildering trends in cannabis stocks. Year-to-date (YTD) data indicates that U.S. multi-state operators (MSOs) and Canadian licensed producers (LPs) have experienced drastically different fates. At a glance, U.S. MSOs show an average...
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DEA vs. Georgia: Tensions Rise Over Medical Cannabis Access As State Regulators Consider Legal Action
Thursday, December 14, 2023 - 5:06pm | 572The Georgia Access to Medical Cannabis Commission (GMCC) recently convened a special meeting to discuss the ramifications of warning letters received from the U.S. Drug Enforcement Administration (DEA). These letters, directed at pharmacies involved in the state's medical marijuana program...
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Florida's Cannabis Legalization Battle: High Stakes In The Sunshine State In Lead Up To 2024 Ballot
Wednesday, November 8, 2023 - 4:55pm | 414Florida's Supreme Court is holding a crucial hearing on a citizen-led initiative by Smart & Safe Florida, backed by Trulieve Cannabis Corp (OTCQX: TCNNF), to legalize adult-use cannabis, reported Adam Jackson for Green Market Report. With nearly one million signatures, the initiative...
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High Capex, High Rewards: Analyst Looks At Cannabis MSOs' Strategies
Wednesday, October 18, 2023 - 3:16pm | 1244As interest rates climb and regulatory uncertainties loom, decisions on capital expenditures (capex) by cannabis MSOs (Multi-State Operators) become paramount for their future success. Are some MSOs missing out on significant growth opportunities? In his latest analysis, Pablo Zuanic, managing...
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Cannabis Valuation Jumps Post-Rescheduling Recommendation, Viridian Report Reveals
Monday, September 11, 2023 - 5:48pm | 746In a potentially game-changing decision, the Department of Health and Human Services (HHS) recently recommended the DEA to consider reclassifying cannabis from its Schedule I status — a classification that denotes no medical value, on par with substances like heroin — to...
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Trulieve CEO: Federal Rescheduling Could Change Heavy Tax Burden For Cannabis Industry
Wednesday, September 6, 2023 - 4:27pm | 766"It's not if, it's just when," said Kim Rivers, CEO of Trulieve Cannabis Corp (OTCQX: TCNNF), regarding the recent recommendation by the Health and Human Services Department (HHS) to the Drug Enforcement Administration (DEA) regarding the rescheduling of cannabis. In a recent...
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Weed Stocks Skyrocket, Could There Be More Upside? Analyst Draws Scenarios
Friday, September 1, 2023 - 3:49pm | 961The Department of Health and Human Services (HHS) suggested the DEA reclassify cannabis as a Schedule III controlled substance under federal law. Assistant Secretary for Health Rachel Levine's letter triggered a much-needed rally in cannabis stocks. In a recent analyst note, a...
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Curaleaf And Trulieve Lead The Pack In Tax Payments: A Look At 16 Cannabis MSOs' Liability, Income And More
Tuesday, August 1, 2023 - 10:18am | 787How are major players in the cannabis sector handling their tax obligations, and what does it reveal about their financial strategies? A recent equity report by Zuanic & Associates sheds light on the tax payments and liabilities of 16 Multi-State Operators (MSOs) in the industry during CY22....
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The Fight For Florida's Green Gold: Will 2024 See Marijuana Legalized?
Thursday, July 20, 2023 - 4:11pm | 785A game-changing initiative is being played out in Florida's legal sphere. Smart & Safe Florida, with substantial backing from Florida-based Trulieve Cannabis Corp. (OTCEM: TRUL) (OTCQX: TCNNF) and supporters including the Cato Institute and Medical Marijuana Business Association of Florida...
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Trulieve Launches Specials For Maryland Customers As Recreational Cannabis Sales Begin On July 1
Thursday, June 29, 2023 - 3:26pm | 632Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) recently announced special offers for customers in three Maryland cities. The company, which operates three cannabis dispensaries in Maryland, will be selling its cannabis clones in limited quantities at locations in Halethorpe, Lutherville, and...
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Pioneering Women In Cannabis: Honoring Their Achievements During Women's History Month And Beyond
Friday, March 3, 2023 - 1:53pm | 1232As part of Women's History Month, we're happy to share some of the amazing and creative work being done by businesswomen who have taken the lead in the cannabis industry. Benzinga has invited these women, and many more, to the Benzinga Cannabis Capital Conference on...
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Say I Love You With These Unique Cannabis Gifts This Valentine's Day: From CBD Lubes To Paraphernalia And Chocolates
Thursday, February 9, 2023 - 4:05pm | 1745Whether you've got a special significant other, good friend, or relative, or if you want to make yourself especially happy this Valentine's Day, we've put together a gift guide for those extraordinary people in your lives. A personal...
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Marijuana Legalization Proposal In Florida, On Track For 2024 Ballot?
Friday, February 3, 2023 - 4:55pm | 610Smart & Safe Florida political committee filed a measure this past summer proposing a constitutional amendment to legalize recreational marijuana. The proposal received enough signatures for the measure to be reviewed by the Florida Supreme Court and now seeks to be...
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This Cannabis Multi-State Operator Was The Only One With Solid Profits In The Last Quarter
Wednesday, December 21, 2022 - 9:05am | 568Most U.S. cannabis multistate operators reported modest to significant year-over-year revenue gains. Among the companies with the highest revenue in the third quarter were Curaleaf Holdings (OTC: CURLF) with $339 million followed by Trulieve Cannabis (OTC: TCNNF) with $300 million. In a...