Newsfeeds Archive - Page 3 of 18

4 minute read

Benzinga Cannabis Capital Conference Announces Awards Finalists

September 20, 2:48 PM

Finalists for the second annual Benzinga Cannabis Awards have been unveiled. This coveted recognition spotlights the cannabis industry's luminaries, from trailblazers and innovators to advocates who are helping to advance all facets of the business.

IIPR

3 minute read

Cannabis Chart Of The Week: How Much Run Is Left In MSO Valuation Multiples?

By Viridian Capital Advisors

September 11, 2:18 PM

The MSOS ETF (ARCA: MSOS) gained 69.4% between 8/25/23, five days before the blockbuster announcement of an HHS rescheduling recommendation to this past Friday, 9/8/23. Similarly, the EV/Next-Twelve-Month consensus EBITDA multiples for the group in the chart have increased by 27.5%.

AAWH

3 minute read

Major Capital Market Crisis In Cannabis Industry? Here’s What TerrAscend’s Jason Wild Says

By Joana Scopel

September 11, 1:05 PM

"The environment is bad… The [cannabis] industry is truly in a major storm," said Jason Wild, executive chairman of TerrAscend Corp (OTC: TRSSF) at the Benzinga Cannabis Capital Confer

CNBS

2 minute read

This US Cannabis Stock Is No Longer At The Mercy Of U.S. Regulations, Here’s Why

By Jelena Martinovic

August 23, 3:44 PM

At a time when many are giving up on investing in cannabis, Jason Wild, the executive chair of TerrAscend Corp.

TRSSF

3 minute read

Cannabis Chart Of The Week: Q2 EBITDAs Beat Estimates, But Full-Year Projections Tell A Different Story

By Viridian Capital Advisors

August 21, 3:10 PM

Second quarter 2023 earnings releases are complete, and the results were fascinating. One of the things that makes us skeptical about these quarterly reports is the forceful steering that companies apply to try to move estimates down.

AYRWF

2 minute read

TerrAscend Delighted About Maryland’s Cannabis Sales, Meet Exec Chair Jason Wild At Benzinga Conference In Chicago

By Maureen Meehan

August 14, 6:01 PM

After Maryland’s cannabis users collectively spent a whopping $87.43 million on marijuana products during the state’s first full month of recreational sales, TerrAscend (OTCQX:

TRSSF

2 minute read

Cannabis Sales In Maryland Top $87M In First Month Of Adult-Use Sales, Shattering Expectations

By Maureen Meehan

August 2, 6:45 PM

Maryland’s cannabis users collectively spent a whopping $87.43 million on weed during the state’s first full month of recreational sales. Those who are keeping score sat that comes out to some $2.8 million per day.

CCHWF

2 minute read

Curaleaf And Trulieve Lead The Pack In Tax Payments: A Look At 16 Cannabis MSOs’ Liability, Income And More

By Nicolas Jose Rodriguez

August 1, 10:18 AM

How are major players in the cannabis sector handling their tax obligations, and what does it reveal about their financial strategies?

ACRHF

3 minute read

Cannabis Chart of the Week: How Aggressive Are 2nd Quarter EBITDA Margin Estimates?

By Viridian Capital Advisors

July 31, 2:07 PM

The chart shows analyst estimates of EBITDA margins for the second quarter vs. the first quarter and the 2nd quarter of 2022 for the fourteen largest MSOs for which we have consistent analyst projections.

AAWH

3 minute read

NBA Hall Of Famer Chris Webber’s $175M Cannabis Venture Faces Challenges, But He’s Not Backing Down

By Joana Scopel

July 26, 5:04 PM

"Where do the prices settle? The bottom of the ocean?" This is the problem NBA Hall of Famer and University of Michigan Fab 5 basketball star, Chris Webber, is currently facing.

TER