Capitalize On Cannabis Report - 03/05/22

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

  • Data from BDSA suggested cannabis sales were very sluggish across the U.S. in January
  • Hifyre data suggested a that cannabis sales in February were similar on a per-day basis to January
  • Illinois adult-use sales of $114 million in February grew 41% from a year ago and increased on a per-day basis from January
  • 420 Investor model portfolios have returned -18.0% to -13.2% year-to-date, while the Global Cannabis Stock Index has lost 20.3%

Review

BDSA data for January suggests that cannabis sales were weak across the country. Illinois adult-use sales for February of $114 million, down slightly from January, which had 3 more days, and up 41% from a year ago. Hifyre data for February suggests that sales per day were similar to January, with the largest LPs continuing to lose market share.

During the week, I shared these insights with subscribers at 420 Investor:

  • Previews of Financial Reports for Cronos Group, Curaleaf, GrowGeneration and Lowell Farms
  • Cannabis Sub-Sector Review – 02/25/22
  • Model Portfolio Composition 02/25/22

Here are some of this week’s highlights for 420 Investor Focus List names:

  • CEAD reported its first complete design services contract.
  • CRON Q4 revenue increased 26% sequentially to $25.8 million.
  • CURLF Q4 revenue was slightly behind expectations as it grew 1% to $320 million, but its adjusted EBITDA was ahead of expectations at $80 million. Guidance for 2022 of $1.4-1.5 billion revenue was below the prior expectation of $1.6 billion.
  • GDNSF launched flower in Minnesota.
  • GNLN received notification from NASDAQ that it faces delisting on 8/24.
  • GTBIF met expectations with a Q4 4% sequential increase in revenue to $244 million, but its profitability was slightly below what had ...
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Capitalize On Cannabis Report - 03/05/22

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

  • Data from BDSA suggested cannabis sales were very sluggish across the U.S. in January ...
Read More
Comments

Capitalize On Cannabis Report - 02/26/22

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

  • Cannabis stocks were moved mainly by volatility in the stock market
  • 420 Investor model ...
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Capitalize On Cannabis Report - 02/26/22

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

  • Cannabis stocks were moved mainly by volatility in the stock market
  • 420 Investor model ...
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Capitalize On Cannabis Report - 02/19/22


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
  • Canadian cannabis sales grew 29% in December, reaching a record $382 Million
  • 420 Investor ...
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Capitalize On Cannabis Report - 02/19/22


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
  • Canadian cannabis sales grew 29% in December, reaching a record $382 Million
  • 420 Investor ...
Read More
Comments

Capitalize On Cannabis Report - 02/12/22

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

  • Several states showed sharp slowdowns in cannabis sales during January compared to December
  • 420 ...
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Why Cannabis Investors Value Their Subscription to 420 Investor

This week, Goodness Growth, a multi-state cannabis operator formerly known as Vireo Health, announced the pending acquisition by Verano Holdings. I have been discussing for quite some time that the company was likely to be acquired, providing my subscribers at ...

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Cannabis One Holdings Undisclosed Lawsuit

I am looking further into this. Cannabis One (CSE: CBIS) (OTC: CAAOF) recently began trading publicly. It's Filing Statement made no mention of this lawsuit.


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A Look at Profitability of 13 Top Cannabis Companies by Revenue

Each week, I begin the New Cannabis Ventures newsletter with some unique perspective. I wanted to share this week's intro, as it includes a graphic that I think everyone will find interesting.

A little more than a year ago, noting ...

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A Look at Profitability of 13 Top Cannabis Companies by Revenue

Each week, I begin the New Cannabis Ventures newsletter with some unique perspective. I wanted to share this week's intro, as it includes a graphic that I think everyone will find interesting.

A little more than a year ago, noting ...

Read More
Comments

Stay On Top of Cannabis Stocks with the Monthly 420 Investor Newsletter

Cannabis stocks are in a bull market, no doubt, with the Cannabis Stock Index soaring 91.8% in 2017 on top of a 88.8% increase in 2016:

As exciting as the sector may be, it's very difficult to stay on top ...

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