420 Investor Weekly Review 08/12/22

Review

Illinois medical cannabis sales for July were released and left overall sales for the state up 6% from a year ago and just 1.6% sequentially from June. Michigan adult-use flower sales boomed, leaving July sales at a record $210 million, up 12% sequentially.

I distributed this written material to 420 Investor subscribers during the week:

Here are some of this week's highlights for Focus List names:

  • AAWH opened its 3rd NJ dispensary in Fort Lee.
  • AYRWF opened its 50th Florida medical dispensary and its third Massachusetts adult-use store, Somerville.
  • CCHWF launched its first pre-rolls in NY.
  • CEAD posted $3 million in revenue in Q2 and ended with cash well above its market cap at $20.6 million and no debt.
  • CRON revenue slipped sequentially but grew a lot from last year on better profitability in Q2.
  • CRLBF praised the success in Illinois for social equity groups helped by its SEED Initiative
  • CURLF named a new CFO and two additional hires. The company's Q2 report was in line with expectations for revenue ($338 million) and better than expected on adjusted EBITDA ($86 million). It took control of Polish company, CanPoland, and a German company, Four 20 Pharma.
  • CWBHF had a big miss in Q2, with revenue of $18.9 million and adjusted EBITDA of -$5.4 million. The company engaged Hanson Faso Sales and Marketing for the central part of the U.S. The company also revealed a premium sports product line undergoing NSF's certification process.
  • GDNSF posted a stronger-than-expected Q2 at $21.1 million revenue.
  • GNLN secured a $15 million asset-based loan.
  • GRWG lost is CFO, replacing Jeff Lasher with Greg ...
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420 Investor Weekly Review 08/05/22

Review

Illinois adult-use cannabis sales lifted 7% sequentially to $135.7 million, up 6.% from a year earlier. Hifyre July data predicts that the month will be a record for sales in Canada, up 7% sequentially from June.

I distributed this ...

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420 Investor Weekly Review 07/29/22

Review

The House passed a medical cannabis research bill that may be also approved by the Senate.

I distributed this written material to 420 Investor subscribers during the week:

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420 Investor Weekly Review 07/22/22

Review

StatsCan released data that indicated Canadian sales of cannabis in May set a record of C$375.8 million, up a little sequentially and about 20% from a year ago.

I distributed this written material to 420 Investor subscribers during the ...

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Weekly Review 07/15/22

Review

After a big down-day on Monday, the market popped on news Thursday that the Senate will be voting on the Cannabis Administration and Opportunity Act. Michigan grew 26% from a year ago and 0.5% from May in June to ...

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Capitalize On Cannabis Report - 04/15/22

Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more.

Summary

  • New Jersey approved more conditional adult-use licenses and also awarded conditional licenses to the ...
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Capitalize On Cannabis Report - 04/15/22

Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more.

Summary

  • New Jersey approved more conditional adult-use licenses and also awarded conditional licenses to the ...
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Capitalize On Cannabis Report - 04/09/22

Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more.

Summary

  • Illinois Cannabis Sales grew 12.5% compared to a year ago in March
  • The House ...
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Capitalize On Cannabis Report - 04/09/22

Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more.

Summary

  • Illinois Cannabis Sales grew 12.5% compared to a year ago in March
  • The House ...
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Capitalize On Cannabis Report - 04/02/22

Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more.

Summary

  • The House passed the MORE Act again
  • Ohio’s medical cannabis market continues to grow ...
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Capitalize On Cannabis Report - 04/02/22

Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more.

Summary

  • The House passed the MORE Act again
  • Ohio’s medical cannabis market continues to grow ...
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Capitalize On Cannabis Report - 03/26/22

Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more.

Summary

  • The Senate passed a cannabis bill, while the House prepares to vote on the ...
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