Verano Holdings

A federal appellate court has set a date for oral arguments in a pivotal case aimed at overturning the U.S. government’s prohibition on marijuana. As Marijuana Moment reported, the U.S. Court of Appeals for the First Circuit has scheduled the hearing for December 5, just three days after a...

Arizona’s cannabis market, once hailed as a rising star in the industry, is now grappling with significant challenges. Despite the continued strength in asset valuations, the state has seen a marked decline in both medical marijuana and adult-use cannabis sales. Between August 2022 and July...

The Benzinga Cannabis Capital Conference, scheduled for October in Chicago, is set to be a standout event in the cannabis industry calendar. This conference will feature an impressive roster of industry leaders and innovators, each bringing their own perspective to the forefront of cannabis...

Several cannabis companies are challenging the federal ban on marijuana, arguing it has no legal basis. They claim the government’s original justification for prohibition - curbing illegal interstate trade - is no longer valid since many states have legalized marijuana. This lawsuit counters...

Despite facing retail pressures, especially in New Jersey, which is leading to an expected 5-7% dip in Q1 2024 sales, Verano Holdings (OTC: VRNOF) is still poised for growth, says senior analyst Pablo Zuanic. State-Level Dynamics And Retail Insights In a recent report, Zuanic provides a close...

As Super Bowl LVIII readies to get underway at Allegiant Stadium in Las Vegas this Sunday, Nevada's cannabis industry, underpinned by recent legislative reforms and strategic positioning, is set to capitalize on the influx of visitors. The state has notably increased legal possession...

The Plant Prophets Podcast used the most recent Benzinga Cannabis Capital Conference (CCC) in Miami to record a series of episodes of its highly anticipated shows featuring some of the most innovative players in the cannabis industry, scores of whom were in...

Some of America's largest multi-state operators (MSOs) experienced growth in employee headcounts in 2022, despite reports of layoffs across the cannabis industry. Companies such as Ascend Wellness Holdings (OTCQX: AAWH), TerrAscend Corp. (OTCQX: TRSSF), Ayr Wellness (OTCQX: AYRWF), and...

New Mexico Rec Sales Strong In March New Mexico's recreational cannabis industry continues making impressive progress, recording close to $301 million in sales and over $27 million in collected cannabis excise taxes in just one year since legalization, per the Albuquerque Journal....

Michael Piermont is the president and chief revenue officer of Leaf Trade, a privately held cannabis tech company revolutionizing the B2B side of the value chain. Piermont, who will speak at the upcoming Benzinga Cannabis Capital Conference in Miami will talk about how Leaf Trade technology enables...

After the overwhelming success of last year's 4/20 business event, the Benzinga Cannabis Capital Conference is returning to Miami beach April 11-12, 2023 with events taking place simultaneously on two stages at the historic Fontainebleau Hotel. As part of celebrating individuals, entrepreneurs...

A 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...

A recent online survey conducted by Wired Research found that nearly 148 million American adults (or 61%) plan to incorporate cannabis into their Valentine’s Day plans in 2023. “The survey was conducted (...) between January 24, 2023, and January 29, 2023, among 961...

Even top multi-state operators (MSOs) are feeling the impact of the demand  and supply capital imbalance faced by the cannabis industry, says Cantor Fitzgerald's Pablo Zuanic who noted that refinancings are being undertaken at higher than normal costs. "As we continue...

Most 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...