Cannabis Daily: Recent Episodes
Benzinga Cannabis
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/Stocks to watch:$MSOS$CNBS$CCHWF$FFNTF / $CRLBF / $CGCHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletter
Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabis
Buy tickets to our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/
For more news: https://www.benzinga.com/cannabis/
Stocks to watch:
Hosted & Produced By:
Elliot Lane
https://twitter.com/ElliotLane10
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletter
Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabis
Buy tickets to our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/
For more news: https://www.benzinga.com/cannabis/
Stocks to watch: $BZAMF $LOWLF $TLRY $HMMJ $SNDL Hosted & Produced By:
Elliot Lane
https://twitter.com/ElliotLane10
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletter
Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabis
Buy tickets to our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/
For more news: https://www.benzinga.com/cannabis/
Stocks to watch: $VRONF $VEXTF $RWBYF $HUMBF Hosted & Produced By:
Elliot Lane
https://twitter.com/ElliotLane10
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletter
Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabis
Buy tickets to our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/
For more news: https://www.benzinga.com/cannabis/
Stocks to watch: $AGFY $SKYE $OGI Hosted & Produced By:
Elliot Lane
https://twitter.com/ElliotLane10
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletter Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabis Buy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/ For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/
Stocks to watch: $HITI $TLRY $BGXX $FLGC Hosted & Produced By:
Elliot Lane
https://twitter.com/ElliotLane10
Aaron Thomas
https://twitter.com/aaron_thoma5
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletter Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabis Buy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/ For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/
Stocks to watch: $AYWRF
Hosted & Produced By:
Elliot Lane
https://twitter.com/ElliotLane10
Aaron Thomas
https://twitter.com/aaron_thoma5
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletter Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabis Buy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/ For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/
Stocks to watch: CRON $ACB $CCHWF $CGC $FFNTF $CRLBF
Hosted & Produced By:
Elliot Lane
https://twitter.com/ElliotLane10
Aaron Thomas
https://twitter.com/aaron_thoma5
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletter Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabis Buy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/ For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/
Stocks to watch:
GLASF GNLN GDNSF ITHUF CCHWF VRNOF Hosted & Produced By:
Elliot Lane
https://twitter.com/ElliotLane10
Aaron Thomas
https://twitter.com/aaron_thoma5
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletter Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabis Buy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/ For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/
Stocks to watch: $VRNOF $TLRY $GTBIF $AAWH $TCNNF $REFI $GRWG $MAPS $VFF $CURLF $PLNHF Hosted & Produced By:
Elliot Lane
https://twitter.com/ElliotLane10
Aaron Thomas
https://twitter.com/aaron_thoma5
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletter Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabis Buy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/ For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/
Stocks to watch:
$MRMD $IIPR $HITI $CGC Hosted & Produced By:
Elliot Lane
https://twitter.com/ElliotLane10
Aaron Thomas
https://twitter.com/aaron_thoma5
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletter Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabis Buy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/ For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/
Stocks to watch: SMG FLGC CNPOF OGI TPB
Hosted & Produced By:
Elliot Lane
https://twitter.com/ElliotLane10
Aaron Thomas
https://twitter.com/aaron_thoma5
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletter Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabis Buy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/ For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/
Stocks to watch:
TLRY / DCBLF $MSOS $CRLBF / $CCHWF $MEDIF STHZ
Hosted & Produced By:
Elliot Lane
https://twitter.com/ElliotLane10
Aaron Thomas
https://twitter.com/aaron_thoma5
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletter Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabis Buy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/ For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/
Stocks to watch:
$TLRY $MSOS $GTBIF
Hosted & Produced By:
Elliot Lane
https://twitter.com/ElliotLane10
Aaron Thomas
https://twitter.com/aaron_thoma5
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletter Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabis Buy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/ For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/
Stocks to watch:
$TLRY $HITI $SNDL $PSDN
Hosted & Produced By:
Elliot Lane
https://twitter.com/ElliotLane10
Aaron Thomas
https://twitter.com/aaron_thoma5
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletter Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabis Buy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/ For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/
Stocks to watch:
$TLRY $SHFS $CGC $HEXO $ACRHF
Hosted & Produced By:
Elliot Lane
https://twitter.com/ElliotLane10
Aaron Thomas
https://twitter.com/aaron_thoma5
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletter Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabis Buy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/ For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/
Stocks to watch:
$TLRY $TSNDF $FLGC
Hosted & Produced By:
Elliot Lane
https://twitter.com/ElliotLane10
Aaron Thomas
https://twitter.com/aaron_thoma5
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletter Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabis Buy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/ For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/
Stocks to watch:
$TLRY $ACB $AVNTF $SNDL
Hosted & Produced By:
Elliot Lane
https://twitter.com/ElliotLane10
Aaron Thomas
https://twitter.com/aaron_thoma5
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletter Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabis Buy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/ For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/
Stocks to watch:
$MSOS $CRLBF $GTBIF $CURLF
Hosted & Produced By:
Elliot Lane
https://twitter.com/ElliotLane10
Aaron Thomas
https://twitter.com/aaron_thoma5
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletter Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabis Buy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/ For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/
Stocks to watch:
$ALEAF $RWBYF $OGI $CURLF $AVTBF $CGC
Hosted & Produced By:
Elliot Lane
https://twitter.com/ElliotLane10
Aaron Thomas
https://twitter.com/aaron_thoma5
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletter Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabis Buy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/ For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/
Stocks to watch: $GRUSF / $MSOS $BZAMF $TSNDF $CGC $OGI
Hosted & Produced By:
Elliot Lane
https://twitter.com/ElliotLane10
Aaron Thomas
https://twitter.com/aaron_thoma5
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletter Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabis Buy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/ For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/
Stocks to watch: $VRONF $AYRWF $MRMD $CGC Hosted & Produced By:
Elliot Lane
https://twitter.com/ElliotLane10
Aaron Thomas
https://twitter.com/aaron_thoma5
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletter Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabis Buy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/ For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/
Hosted & Produced By:
Elliot Lane
https://twitter.com/ElliotLane10
Aaron Thomas
https://twitter.com/aaron_thoma5
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletter Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabis Buy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/ For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/
Stocks to watch: $CURLF $TSNDF $GRAMF Hosted & Produced By:
Elliot Lane
https://twitter.com/ElliotLane10
Aaron Thomas
https://twitter.com/aaron_thoma5
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletter Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabis Buy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/ For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/
Stocks to watch: $CRON $CURLF $TSNDF $META $AYRWF $XXII Hosted & Produced By:
Elliot Lane
https://twitter.com/ElliotLane10
Aaron Thomas
https://twitter.com/aaron_thoma5
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletter Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabis Buy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/ For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/
Stocks to watch: $TSNDF $AAWH $REFI $OGI $MMNFF $VRNOF Hosted & Produced By:
Elliot Lane
https://twitter.com/ElliotLane10
Aaron Thomas
https://twitter.com/aaron_thoma5
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletter Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabis Buy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/ For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/
Stocks to watch: $TRSSF $BZAMF $ETRGF $MSOS $AAWH $CGC Hosted & Produced By:
Elliot Lane
https://twitter.com/ElliotLane10
Aaron Thomas
https://twitter.com/aaron_thoma5
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletter Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabis Buy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/ For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/
Stocks to watch: $FLGC $CGC Hosted & Produced By:
Elliot Lane
https://twitter.com/ElliotLane10
Aaron Thomas
https://twitter.com/aaron_thoma5
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletter Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabis Buy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/ For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/
Stocks to watch: $GTBIF $SBIG Hosted & Produced By:
Elliot Lane
https://twitter.com/ElliotLane10
Aaron Thomas
https://twitter.com/aaron_thoma5
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletter Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabis Buy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/ For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/
Stocks to watch: $GRAMF $CRON $TRSSF Hosted & Produced By:
Elliot Lane
https://twitter.com/ElliotLane10
Aaron Thomas
https://twitter.com/aaron_thoma5
Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletter Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabis Buy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/ For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/
Hosted & Produced By:
Elliot Lane
https://twitter.com/ElliotLane10
Aaron Thomas
https://twitter.com/aaron_thoma5
Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletter Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabis Buy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/ For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/
Hosted & Produced By:
Elliot Lane
https://twitter.com/ElliotLane10
Aaron Thomas
https://twitter.com/aaron_thoma5
Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletter Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabis Buy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/ For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/
Hosted & Produced By:
Elliot Lane
https://twitter.com/ElliotLane10
Aaron Thomas
https://twitter.com/aaron_thoma5
Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletter Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabis Buy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/ For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/
Stocks to Watch Today: $NDVAF / $CGC $ERTGF $HERTF $GRUSF Hosted & Produced By:
Elliot Lane
https://twitter.com/ElliotLane10
Aaron Thomas
https://twitter.com/aaron_thoma5
Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletter Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabis Buy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/ For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/
Stocks to Watch Today: $GRAMF $XBRAD $SHFS $NLCP / $REFI Hosted & Produced By:
Elliot Lane
https://twitter.com/ElliotLane10
Aaron Thomas
https://twitter.com/aaron_thoma5
Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletter Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabis Buy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/ For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/
Stocks to Watch Today: $ACB $CXXIF $ALEAF ($RWBYF) $DLTNF Hosted & Produced By:
Elliot Lane
https://twitter.com/ElliotLane10
Aaron Thomas
https://twitter.com/aaron_thoma5
Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletter Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabis Buy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/ For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/
Stocks to Watch Today: $GLASF $VRNOF $SBIG $IMCC $CWBHF Hosted & Produced By:
Elliot Lane
https://twitter.com/ElliotLane10
Aaron Thomas
https://twitter.com/aaron_thoma5
Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletter Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabis Buy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/ For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/
Stocks to Watch Today: $YOLO $MSOS Hosted & Produced By:
Elliot Lane
https://twitter.com/ElliotLane10
Aaron Thomas
https://twitter.com/aaron_thoma5
Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$ACB$AGFY$SBIG$TRSSF$SHWZHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$MSOS $GRAMF $CNTMFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$SHWZ $IWINF $POSAFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$VIBEF$PKANF$BZAMFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletter Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabis Buy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/ For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/
Stocks to Watch Today: $PLNHF $MAPS $ACB $DBCCF
Hosted & Produced By:
Elliot Lane
https://twitter.com/ElliotLane10
Aaron Thomas
https://twitter.com/aaron_thoma5
Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$OGI $IWINFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$JUSHF / $CURLF / $GTBIF$AYRWF / $TRSSF / $VRNOFTCNNF / AAWH$CRLBF / $CCHWF$OVATF$VEXTF$TLRYHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comShow Less
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$CRLBF$STHZ$LOWLF$TRSSFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$ACRHF$GTBIF$TLLTF$EDXC$AGFY$OGI$BZAMFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$CGC $BGXXHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$BZAMFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/ $CURLF $FLGC $CRON $VRNOF $MMNFF $HERTFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$TRSSF $MSOS $TLLTFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today: $TLLTF $SHF $INCR $FLGC $AYRWF $INM $ITHUF $GDNSFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$SNDL$FFLWF$CCHWF $CRLBF$ZYNEHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$TRSSF $VFF $JUSHF $CWBHF $SSIC $CANSFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$VRNOF $TCNNF $CNTMF $SHWZ $DLTNF $HEXO $TLRYHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$VRNOF $TCNNF $AAWH $GRWG $CRON $VFF $NLCPHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$INNPF$IIPR$XXIIHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$MSOS$YOLO$SNDL$FFNTF$SSICHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$MSOS$INQD$CURLF$ACRHF$CGCHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$GTBIF$OGI$HITI$YCBD$ACRHF$VFFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$FFNTF$INQD$CURLF$ACRHF$CGCHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$BZAMF$ACB$AKANHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$TCNNF$FFNTF$IMCC$DLTNF$GABY$AAWH$MSOSHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$TCNNF$MSOS$PSDN$GTBIFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$ACB$SHWZ$HITI$DLTNF$GLASFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$AGFY$CURLF$SNDL$HITIHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
This Year's 4/20 Will Be Huge! Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$MSOS$CNTMF$DLTNFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
This Year's 4/20 Will Be Huge! Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$MSOS$FFNTF$AGFY$JACKHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$MSOS$CEAD$SHWZHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$MSOSHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$ISPR$FLGC$SNDL$CLCFF$GNLNHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$FLGC$GDNSF$INCR$DLTNF$AVCNFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$LFLY$CGC$CURLF$CCHWF$CEADTSX:$NOVCHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:#$MSOSHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$PLNHF$AAWHHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$CLCFF $CWBHF $AGFYHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$OGI$AFCG$ACRHF$AVCNF$TNYBFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$ACBHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$MAPS$LFLY$TLLTF$TLRYHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$ACRHF / $CGC$GRWG$LOWLFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$AAWH$REFI$IIPR$VFFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$TRSSF$GLASFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$SHWZ$INM$MRMD$SNDLHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$OILFF$ZDPY$JAZZ$CNTMF$GLASF$ACB$GWAYFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$TCNNF$CRLBF$STHZHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$BHNGF$XBRAFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$GTBIF$GLASFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:MSOSGTBIFHERTFTLRYHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:Hosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10$IIPR$AVTBF$CRON$TLLTFAaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:Hosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10$CRLBF / $CCHWF$HITI$AYURF$MILFF$SOLCFAaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:Hosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10$HUMBF$CNPOF$VRNOFAaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:Hosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10$GRAMF$GNLN$PKANFAaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:Hosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10$CGC$INMD$SHWZ$FLGC$IWINF$MEDIFAaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:Hosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10$CBDW$AKAN$LSDIAaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:Hosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10$TLLTF$CBWTF$XBRAF$CNTRF$VRNOF$TCNNFAaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:Hosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10$IGCNEO: $TREE$IPWR$SBIG$REFIAaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:Hosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10$SNDL $YCBD $DLTNF $AYRWF $GDNSFAaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://www.benzinga.com/cannabis/newsletterSubscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:Hosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10$VFF $TCNNF $IIPR $CURLF $CRON $ALEAFAaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://try.benzingapro.com/newsletter-confirmation-cannabisdaily-0-0-0Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:Hosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10$VRNOF$PLNHF$AAWH$RWBYF$AYRWF$YOURFAaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://try.benzingapro.com/newsletter-confirmation-cannabisdaily-0-0-0Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$FFNTF$DLTNF$CGCHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://try.benzingapro.com/newsletter-confirmation-cannabisdaily-0-0-0Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$CURLF $FLGC $GTBIF $SNDL $AVCNFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://try.benzingapro.com/newsletter-confirmation-cannabisdaily-0-0-0Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$ALEAF $FLGC $CBWTF $AAWH $CBDDHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://try.benzingapro.com/newsletter-confirmation-cannabisdaily-0-0-0Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$HPCO$ITHUF$POSAF$TCNNF$AVTBFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com Cool New Tech Personalities Come Into The Space
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://try.benzingapro.com/newsletter-confirmation-cannabisdaily-0-0-0Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$HITIHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://try.benzingapro.com/newsletter-confirmation-cannabisdaily-0-0-0Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$PLNHF $TRSSF $SMG $TILT $MMNFF $GLASFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://try.benzingapro.com/newsletter-confirmation-cannabisdaily-0-0-0Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$HITI$GRUSF$STMHHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://try.benzingapro.com/newsletter-confirmation-cannabisdaily-0-0-0Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$AAWH$AVTBFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://try.benzingapro.com/newsletter-confirmation-cannabisdaily-0-0-0Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$LEEEF$SBIG$CNBSHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://try.benzingapro.com/newsletter-confirmation-cannabisdaily-0-0-0Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$TLRY / $ACB / $CGC / $GRWG$FFNTF / $TGODFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://try.benzingapro.com/newsletter-confirmation-cannabisdaily-0-0-0Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$IWINF$AGFY$CRLBFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!Sign up to the cannabis newsletter here https://try.benzingapro.com/newsletter-confirmation-cannabisdaily-0-0-0Subscribe to Our new Cannabis Yotube Channel here https://www.youtube.com/@BenzingaCannabisBuy tickets to our our Cannabis Conference to be here https://www.benzinga.com/events/cannabis-conference/For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$HEXO$GWAYF$PLNHF$TCNNF$SSICHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.com
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/$CURLF$GTBIF / $PLNHF / $TCNNF / $ITHUF$GRWG$IMCChttps://www.benzinga.com/events/Stocks to Watch Today:$CCHWF$CRLBF$SNDL$MSOSHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.Sign up to our newsletter https://try.benzingapro.com/newsletter-confirmation-cannabisdaily-0-0-0For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/$CURLF$GTBIF / $PLNHF / $TCNNF / $ITHUF$GRWG$IMCChttps://www.benzinga.com/events/Stocks to Watch Today:$TLRY$CNTMF$SNDLHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.Sign up to our newsletter https://try.benzingapro.com/newsletter-confirmation-cannabisdaily-0-0-0For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/$CURLF$GTBIF / $PLNHF / $TCNNF / $ITHUF$GRWG$IMCChttps://www.benzinga.com/events/Stocks to Watch Today:$LIFD$MSOS$CWBHF$OGIHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.Sign up to our newsletter https://try.benzingapro.com/newsletter-confirmation-cannabisdaily-0-0-0For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/INLBRVVTFOGIKERNTLLTFYCBDhttps://www.benzinga.com/events/Stocks to Watch Today:$LIFD$MSOS$CWBHF$OGIHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.Sign up to our newsletter https://try.benzingapro.com/newsletter-confirmation-cannabisdaily-0-0-0For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/INLBRVVTFOGIKERNTLLTFYCBDhttps://www.benzinga.com/events/Stocks to Watch Today:Hosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.Sign up to our newsletter https://try.benzingapro.com/newsletter-confirmation-cannabisdaily-0-0-0For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:MSOSTLRYCURLFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.Sign up to our newsletter https://try.benzingapro.com/newsletter-confirmation-cannabisdaily-0-0-0For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:TLRYCHALFCRLBF / CCHWFMSOSDLTNFHEXOHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.Sign up to our newsletter https://try.benzingapro.com/newsletter-confirmation-cannabisdaily-0-0-0For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:TLRYCHALFCRLBF / CCHWFMSOSDLTNFHEXOHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$SSIC$GRAMF$JAZZHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$ACB$DLTNF$VLNS / $SNDLHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:CRLBFCURLFVRNOFJUSHFAAWHVFFTLLTFCGCHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:AGFY / TGODFHEXOFFNTF / VFF / TLRYCNPOFACRDF / CGCHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:HEXOCXXIFCWBHFTRSSFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:VLNSSNDLMSOSHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:VFFOGITLRYFFLWFHITIHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:MAPSTCNNFCGCTRSSFMSOSMSOXHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:NXTTFLVRLFRVVTFINLBHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:VLNSSNDLVIBEFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:OGIFLWRFTGIFFSLGWFAYURFTRSSFKERNHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$FLGC $TGODF $POSAFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:PLNHF ACB GLASF AAWHLFLY SSIC UGROAVCNFFIORFCCHWF CRLBFSTMHHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:CLVRALEAFTCNNFVFFSHWZLOWLFAYRWFNLCPHYFMHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:SMGCRONMSOSCGCHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:TLRYCURLFGRWGMAPSACRDFMRMDXXIIKERNHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:SMGCRONMSOSCGCHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:SNDL IIPRGTBIFVLNS Hosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:SNDL SSIC VRNOF TLRY CWBHF CLCFF GNLN SMGHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$FFLWF $OGI $VFF $CGC $CBWTF $TLRY $AGFY $AYURFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$TCNNF $CGC $CURLF $TLLTF $GTBIFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$CGC $TRSSF $STZ $SBIG $HITIHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$CRON $DLTNF$CGC$TLLTF$TRSSF$ACRDFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$FLGC $CURLFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$MMNFF $TLRY $IWINF $HENCHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$TPB$HITI$POSAF$FLOOFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today: $VRNOF$GDNSF$MSOS$BGXXHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today: $VRNOF$GDNSF$HUMBFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$VLNS$SNDL $PSDNHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$TRSSFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$MSOS $CURLF $GTBIF $TCNNFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$MSOS $MSOX $TLRY $SNDL $CGC $CNBS $MAPSHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$MSOX $MAPS $MSOS $TLRY $CURLF $JUSHF $TCNNFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$MJNE$MJNA$ZYNE$AGFY$IMCCHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:AKANOWPCTLRYHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$MMNFF$TLRY$IWINF$HENCHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$MSOS $RWBYF $GLASFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$HERTF$LOWLFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today: $HITI $XBRAF $CGCHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$GTBIF$CGC$TLRY$AAWH$IPWHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$CGC$GRAMFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$FFNTF$IMCC$FLGC$AAWHHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$HCANF $VFFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$AYRWF$TLRY$CXXIF$TCNNFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Stocks to Watch Today:$IGC $CBDL $JUVAF $TGODF $ACB $CLVRHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Hoodie Analytics Link:https://www.hoodieanalytics.com/session-360/Stocks to Watch Today:RWBYF KOAN POSAF SKYE VRNOF IMCC Hosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Hoodie Analytics Link:https://www.hoodieanalytics.com/session-360/Stocks to Watch Today:CURLFHERTFHITIHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Hoodie Analytics Link:https://www.hoodieanalytics.com/session-360/Stocks to Watch Today:$TLRY$CGC$IIPR$CURLFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!For more news: https://www.benzinga.com/cannabis/https://www.benzinga.com/events/Hoodie Analytics Link:https://www.hoodieanalytics.com/session-360/Stocks to Watch Today:$TLRY$SNDL$HITI$POSAF$GLASFHosted & Produced By:Elliot Lanehttps://twitter.com/ElliotLane10Aaron Thomashttps://twitter.com/aaron_thoma5Contact us at: cannabishour@benzinga.comSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsTune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news! For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/ Hoodie Analytics Link: https://www.hoodieanalytics.com/session-360/ Stocks to Watch Today: $RWBYF $PCLOF $GLASF $GRAMF Hosted & Produced By: Elliot Lane https://twitter.com/ElliotLane10 Aaron Thomas https://twitter.com/aaron_thoma5 Contact us at: cannabishour@benzinga.com Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday. For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
How Do Americans Feel About Cannabis Welcome to Cannabis Daily - Your daily guide to cannabis news! For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/ Hoodie Analytics Link: https://www.hoodieanalytics.com/session-360/ Stocks to Watch Today: $HEXO $FLOOF $CNTMF $TGODF $GABLF $CNPOF Hosted & Produced By: Elliot Lane https://twitter.com/ElliotLane10 Aaron Thomas https://twitter.com/aaron_thoma5 Contact us at: cannabishour@benzinga.com Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday. For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
How Do Americans Feel About Cannabis Welcome to Cannabis Daily - Your daily guide to cannabis news! For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/ Hoodie Analytics Link: https://www.hoodieanalytics.com/session-360/ Stocks to Watch Today: $JUSHF $CWBHF $CGC $ACB $MSOS $CNBS Hosted & Produced By: Elliot Lane https://twitter.com/ElliotLane10 Aaron Thomas https://twitter.com/aaron_thoma5 Contact us at: cannabishour@benzinga.com Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday. For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
How Do Americans Feel About Cannabis Welcome to Cannabis Daily - Your daily guide to cannabis news! For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/ Hoodie Analytics Link: https://www.hoodieanalytics.com/session-360/ Stocks to Watch Today: $STHZF $POSAF $AAWH $VIBEF Hosted & Produced By: Elliot Lane https://twitter.com/ElliotLane10 Aaron Thomas https://twitter.com/aaron_thoma5 Contact us at: cannabishour@benzinga.com Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday. For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
How Do Americans Feel About Cannabis Welcome to Cannabis Daily - Your daily guide to cannabis news! For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/ Hoodie Analytics Link: https://www.hoodieanalytics.com/session-360/ Stocks to Watch Today: $JUSHF $ACB $FFLWF $CGC $TCNNF Hosted & Produced By: Elliot Lane https://twitter.com/ElliotLane10 Aaron Thomas https://twitter.com/aaron_thoma5 Contact us at: cannabishour@benzinga.com Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday. For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
How Do Americans Feel About Cannabis Welcome to Cannabis Daily - Your daily guide to cannabis news! For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/ Hoodie Analytics Link: https://www.hoodieanalytics.com/session-360/ Stocks to Watch Today: $TRSSF $CCHWF $CRLBF $CNPOF Hosted & Produced By: Elliot Lane https://twitter.com/ElliotLane10 Aaron Thomas https://twitter.com/aaron_thoma5 Contact us at: cannabishour@benzinga.com Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday. For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
How Do Americans Feel About Cannabis Welcome to Cannabis Daily - Your daily guide to cannabis news! For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/ Hoodie Analytics Link: https://www.hoodieanalytics.com/session-360/ Stocks to Watch Today: $TLRY $SNDL $VLNS $MMNFF $SBIG Hosted & Produced By: Elliot Lane https://twitter.com/ElliotLane10 Aaron Thomas https://twitter.com/aaron_thoma5 Contact us at: cannabishour@benzinga.com Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday. For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
How Do Americans Feel About Cannabis Welcome to Cannabis Daily - Your daily guide to cannabis news! For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/ Hoodie Analytics Link: https://www.hoodieanalytics.com/session-360/ Stocks to Watch Today: $TLRY $ACB $MSOS $PSDN Hosted & Produced By: Elliot Lane https://twitter.com/ElliotLane10 Aaron Thomas https://twitter.com/aaron_thoma5 Contact us at: cannabishour@benzinga.com Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday. For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
How Do Americans Feel About Cannabis Welcome to Cannabis Daily - Your daily guide to cannabis news! For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/ Hoodie Analytics Link: https://www.hoodieanalytics.com/session-360/ Stocks to Watch Today: $AAWH $VRNOF $IMCC $AGFY Hosted & Produced By: Elliot Lane https://twitter.com/ElliotLane10 Aaron Thomas https://twitter.com/aaron_thoma5 Contact us at: cannabishour@benzinga.com Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday. For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
How Do Americans Feel About Cannabis 5:07 Welcome to Cannabis Daily - Your daily guide to cannabis news! For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/ Hoodie Analytics Link: https://www.hoodieanalytics.com/session-360/ Stocks to Watch Today: $CRLBF $CCHWF $AYRWF $HITI $JAZZ $DBCCF Hosted & Produced By: Elliot Lane https://twitter.com/ElliotLane10 Aaron Thomas https://twitter.com/aaron_thoma5 Contact us at: cannabishour@benzinga.com Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday. For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news! For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/ Hoodie Analytics Link: https://www.hoodieanalytics.com/session-360/ Stocks to Watch Today: $TLLTF $PLNHF $TLRY $FLGC Hosted & Produced By: Elliot Lane https://twitter.com/ElliotLane10 Aaron Thomas https://twitter.com/aaron_thoma5 Contact us at: cannabishour@benzinga.com Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday. For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news! For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/ Hoodie Analytics Link: https://www.hoodieanalytics.com/session-360/ Stocks to Watch Today: $DLTNF $TLLTF $GNLN $VRNOF Hosted & Produced By: Elliot Lane https://twitter.com/ElliotLane10 Aaron Thomas https://twitter.com/aaron_thoma5 Contact us at: cannabishour@benzinga.com Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday. For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news! For more news: https://www.benzinga.com/cannabis/ https://www.benzinga.com/events/ Hoodie Analytics Link: https://www.hoodieanalytics.com/session-360/ Stocks to Watch Today: $AGFY $CBWTF $SNDL $AAWH $CCHWF $CRLBF Hosted & Produced By: Elliot Lane https://twitter.com/ElliotLane10 Aaron Thomas https://twitter.com/aaron_thoma5 Contact us at: cannabishour@benzinga.com Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday. For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news! For more news: https://www.benzinga.com/cannabis/ Stocks to Watch Today: $TCNNF $AYRWF $VRNOF $KERN $GNLN $ALEAF Hosted & Produced By: Elliot Lane https://twitter.com/ElliotLane10 Aaron Thomas https://twitter.com/aaron_thoma5 Contact us at: cannabishour@benzinga.com Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday. For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news! For more news: https://www.benzinga.com/cannabis/ Stocks to Watch Today: $MAPS $TCNNF $CURLF $LOWLF $HYFM $ZYNE Hosted & Produced By: Elliot Lane https://twitter.com/ElliotLane10 Aaron Thomas https://twitter.com/aaron_thoma5 Contact us at: cannabishour@benzinga.com Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday. For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news! For more news: https://www.benzinga.com/cannabis/ Stocks to Watch Today: $TCNNF $CURLF $VFF $REFI $ACRHF $MRMD $AKAN $CWBHF Hosted & Produced By: Elliot Lane https://twitter.com/ElliotLane10 Aaron Thomas https://twitter.com/aaron_thoma5 Contact us at: cannabishour@benzinga.com Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday. For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news! For more news: https://www.benzinga.com/cannabis/ Stocks to Watch Today: $JUSHF $CURLF $MAPS $IGC Hosted & Produced By: Elliot Lane https://twitter.com/ElliotLane10 Aaron Thomas https://twitter.com/aaron_thoma5 Contact us at: cannabishour@benzinga.com Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday. For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news! For more news: https://www.benzinga.com/cannabis/ Stocks to Watch today: $INLB $TLRY $CGC $GRWG Hosted & Produced By: Elliot Lane https://twitter.com/ElliotLane10 Aaron Thomas https://twitter.com/aaron_thoma5 Contact us at: cannabishour@benzinga.com Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday. For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news! For more news: https://www.benzinga.com/cannabis/ Stocks to Watch today: $KERN $GTBIF $MRMD $AYRWF $TLRY $HITI $IIPR $ETRGF $IWINF Hosted & Produced By: Elliot Lane https://twitter.com/ElliotLane10 Aaron Thomas https://twitter.com/aaron_thoma5 Contact us at: cannabishour@benzinga.com Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday. For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Benzinga’s Cannabis Insider is a live weekly show for cannabis and retail investors where we share with you the major cannabis news, stocks and exclusive interviews!
Today's Guest:
Peter Barsoom, CEO - 1906 New Highs
Andrew Hunzicker, CEO - DOPE CFO
Meet The Hosts:
Javier Hasse https://www.twitter.com/JavierHasse
Elliot Lane https://www.twitter.com/ElliotLane10
CANNABIS INSIDER PLAYLIST: 🎥 https://youtube.com/playlist?list=PL4k0fH8EgI3ZSvns1pymdSRwOIA-exAaA
CHECK OUT OUR PODCASTS! 🔈Cannabis Insider - https://www.benzinga.com/money/podcast-show/cannabisinsider/
🔈Cannabis Daily - https://www.benzinga.com/money/podcast-show/cannabis-daily/
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Topics: benzinga,benzinga cannabis,cannabis hour,benzinga pro,cannabis,cannabis community,marijuana,medicalmarijuana,stocks,benzinga stock market live,cannabis insider,cannabis stocks,benzinga cannabis insider,benzinga stock market,latest news in cannabis industry,business trends in cannabis industry,cannabis industry trends,cannabis stock market,cannabis stock market news,marijuana stocks,cannabis business,cannabis industry
CannabisInsider #1906NewHighs #Dope
Episode Summary Welcome to Cannabis Daily - Your daily guide to cannabis news! For more news: https://www.benzinga.com/cannabis/ Stocks to Watch today: $TLRY $SMG $HYFM $GTBIF Hosted & Produced By: Elliot Lane https://twitter.com/ElliotLane10 Aaron Thomas https://twitter.com/aaron_thoma5 Contact us at: cannabishour@benzinga.com Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday. For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Episode Summary Welcome to Cannabis Daily - Your daily guide to cannabis news!
For more news: https://www.benzinga.com/cannabis/
Stocks to Watch today: $TLRY $TCNAF $DXBRF
Hosted & Produced By:
Elliot Lane https://twitter.com/ElliotLane10
Aaron Thomas https://twitter.com/aaron_thoma5
Contact us at: cannabishour@benzinga.com
Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
For Top Gainers & Losers Cannabis stocks of the day check outhttps://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!
For more news: https://www.benzinga.com/cannabis/
Stocks to Watch today: $FLGC $CLVR $FLOOF $CRLBF $GTBIF $PLNHF $MRMD
Hosted & Produced By:
Elliot Lane https://twitter.com/ElliotLane10
Aaron Thomas https://twitter.com/aaron_thoma5
Contact us at: cannabishour@benzinga.com
Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
For Top Gainers & Losers Cannabis stocks of the day check outhttps://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!
For more news: https://www.benzinga.com/cannabis/
Stocks to Watch today: $TLRY $STHZF $GLASF $VRNOF $INLB $AUSAF $CURLF
Hosted & Produced By:
Elliot Lane https://twitter.com/ElliotLane10
Aaron Thomas https://twitter.com/aaron_thoma5
Contact us at: cannabishour@benzinga.com
Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
For Top Gainers & Losers Cannabis stocks of the day check outhttps://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!
For more news: https://www.benzinga.com/cannabis/
Stocks to Watch today: $TLRY $HITI $HCANF $HEXO $AYWRF $VRNOF $PLNHF
Hosted & Produced By:
Elliot Lane https://twitter.com/ElliotLane10
Aaron Thomas https://twitter.com/aaron_thoma5
Contact us at: cannabishour@benzinga.com
Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
For Top Gainers & Losers Cannabis stocks of the day check outhttps://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!
For more news: https://www.benzinga.com/cannabis/
Stocks to Watch today: $DLTNF $MEDIF $TRSSF $SNDL
Hosted & Produced By:
Elliot Lane https://twitter.com/ElliotLane10
Aaron Thomas https://twitter.com/aaron_thoma5
Contact us at: cannabishour@benzinga.com
Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
For Top Gainers & Losers Cannabis stocks of the day check outhttps://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!
For more news: https://www.benzinga.com/cannabis/
Hosted & Produced By:
Elliot Lane https://twitter.com/ElliotLane10
Aaron Thomas https://twitter.com/aaron_thoma5
Contact us at: cannabishour@benzinga.com
Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
For Top Gainers & Losers Cannabis stocks of the day check outhttps://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!
For more news: https://www.benzinga.com/cannabis/
Hosted & Produced By:
Elliot Lane https://twitter.com/ElliotLane10
Aaron Thomas https://twitter.com/aaron_thoma5
Contact us at: cannabishour@benzinga.com
Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
For Top Gainers & Losers Cannabis stocks of the day check outhttps://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!
For more news: https://www.benzinga.com/cannabis/
Hosted & Produced By:
Elliot Lane https://twitter.com/ElliotLane10
Aaron Thomas https://twitter.com/aaron_thoma5
Contact us at: cannabishour@benzinga.com
Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
For Top Gainers & Losers Cannabis stocks of the day check outhttps://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Stocks To Watch Today: $SKYE $ZYNE $MSOS
For more news: https://www.benzinga.com/cannabis/
Hosted & Produced By:
Elliot Lane https://twitter.com/ElliotLane10
Aaron Thomas https://twitter.com/aaron_thoma5
Contact us at: cannabishour@benzinga.com
Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
For Top Gainers & Losers Cannabis stocks of the day check outhttps://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Stocks To Watch Today: $GNLN $UGRO $GRWG
For more news: https://www.benzinga.com/cannabis/
Hosted & Produced By:
Elliot Lane https://twitter.com/ElliotLane10
Aaron Thomas https://twitter.com/aaron_thoma5
Contact us at: cannabishour@benzinga.com
Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
For Top Gainers & Losers Cannabis stocks of the day check outhttps://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news!
Stocks To Watch Today: $CGC $HITI $TLRY $IMCC $JUVAF
For more news: https://www.benzinga.com/cannabis/
Hosted & Produced By:
Elliot Lane https://twitter.com/ElliotLane10
Aaron Thomas https://twitter.com/aaron_thoma5
Contact us at: cannabishour@benzinga.com
Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
For Top Gainers & Losers Cannabis stocks of the day check outhttps://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news,
Stocks To Watch Today: $TLLTF $MSOS
For more news: https://www.benzinga.com/cannabis/
Hosted & Produced By:
Elliot Lane https://twitter.com/ElliotLane10
Aaron Thomas https://twitter.com/aaron_thoma5
Contact us at: cannabishour@benzinga.com
Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
For Top Gainers & Losers Cannabis stocks of the day check outhttps://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news,
Stocks To Watch Today: $OGI $CCHWF $CRLBF $NDVAF $MSOS
For more news: https://www.benzinga.com/cannabis/
Hosted & Produced By:
Elliot Lane https://twitter.com/ElliotLane10
Aaron Thomas https://twitter.com/aaron_thoma5
Contact us at: cannabishour@benzinga.com
Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
For Top Gainers & Losers Cannabis stocks of the day check outhttps://www.benzinga.com/cannabis/stocks
welcome to Cannabis Daily - Your daily guide to cannabis news, Stocks to watch: $OGI $VLNS $CBDL For more news: https://www.benzinga.com/cannabis/ Hosted & Produced By: Elliot Lane Aaron Thomas Contact us at: cannabishour@benzinga.com
welcome to Cannabis Daily - Your daily guide to cannabis news, Stocks to watch: TLRY VFF TGIFF IIPR GTBIF AKAN HITI FLOOF For more news: https://www.benzinga.com/cannabis/ Hosted & Produced By: Elliot Lane Aaron Thomas Contact us at: cannabishour@benzinga.com Follow Benzinga Cannabis On Social Media Instagram Twitter YouTube LinkedIn Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox. Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday. Access All The Cannabis Daily Episodes Here For Top Gainers & Losers Cannabis stocks of the day check outhttps://www.benzinga.com/cannabis/stocks
welcome to Cannabis Daily - Your daily guide to cannabis news,
Stocks to watch: TLRY ZDPY JUSHF RWBYF
For more news: https://www.benzinga.com/cannabis/
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
YouTube
Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check outhttps://www.benzinga.com/cannabis/stocks
welcome to Cannabis Daily - Your daily guide to cannabis news,
Stocks To Watch Today:
For more news: https://www.benzinga.com/cannabis/
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
YouTube
Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check outhttps://www.benzinga.com/cannabis/stocks
Welcome to Cannabis Daily - Your daily guide to cannabis news, and stocks to watch with Elliot Lane with Benzinga.
Stocks To Watch Today:
$AGFY $JUSHF $ITHUF $CURLF
For more news: https://www.benzinga.com/cannabis/
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
YouTube
Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
welcome to Cannabis Daily - Your daily guide to cannabis news,
Stocks To Watch Today:
CRON
DNA
JUVAF
IGC
POSAF
SNDL
HEXO
For more news: https://www.benzinga.com/cannabis/
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check outhttps://www.benzinga.com/cannabis/stocks
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news,
Stocks To Watch Today:
SNDL NVACF HEXO HITI
For more news: https://www.benzinga.com/cannabis/
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news,
Stocks To Watch Today:
FLGC
AFCG
NLCP
IIPR
HEXO
For more news: https://www.benzinga.com/cannabis/
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news,
Stocks To Watch Today:
$AAWH
$HEXO
Elliot's Winners Today:
$HITI
$RWBYF
$SBIG
For more news: https://www.benzinga.com/cannabis/
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news,
Stocks To Watch Today:
HEXO
TLRY
For more news: https://www.benzinga.com/cannabis/
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news,
Stocks To Watch Today:
$TLRY $CGC $TRSSF $TCNNF $CURLF $GTBIF $CNPOF
For more news: https://www.benzinga.com/cannabis/
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news,
Stocks To Watch Today:
winners:
CURLF
TCNNF
AYRWF
CRLBF
CCHWF
TLLTF
For more news: https://www.benzinga.com/cannabis/
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news,
Stocks To Watch Today:
winners: CBDD SMG PLNHF IGC
For more news: https://www.benzinga.com/cannabis/
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news,
Stocks To Watch Today:
winners: CBDD and TCNNF
watchlisters: NEPT and SMG
For more news: https://www.benzinga.com/cannabis/
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news,
Stocks To Watch Today:
For more news: https://www.benzinga.com/cannabis/
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
$JUSHF opens their 33rd dispensary nationwide.
Cantor Fitzgerald prefers $OGI $VFF
Further evidence that levels of THC detected in blood or breadth of cannabis users is not a reliable indicator of impairments.
$TLRY, a penny stock to avoid at all costs?
Stocks To Watch Today:
$VFF
$OGI
$JUSHF
$TLRY
For more news: https://www.benzinga.com/cannabis/
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Stocks To Watch:
$TRSSF
$HITI
$VRNOF
$SSIC
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Good morning, zinger, nation, hope everybody is off to a fantastic start to their Friday. I got my flamenco shirt on we're feeling good. If you follow Benzinga cannabis on social, you're seeing something new today. We are streaming this live every morning now. So we're going to keep this up and if you want to see this earlier than you normally hear it you can follow Benzinga cannabis, Instagram Benzinga cannabis, Twitter, perhaps linked.
Wherever we are, we should be having this as well, but let's get started daily dose of cannabis, insights and news for your Friday. Cannabis business times were released an awesome capital markets review for the first quarter of 2022. Straight from the article. There were 70 capital raises totalling 1.2 billion.
Compare that with Q1 of 2021. Which saw 163 capital raises for drum roll, please. 4.6 billion. Not only were there more than 100% more capital raises, they were also worth more last year. And that's a decline in transactions of 57% and a decline in total capital raised by circus 74%. That is massive. Let's hope that reverse the trend reverses.
Laura Ingram of Fox news, blamed pot psychosis due to widespread legalization for the rise in mass shootings. Needless to say, I don't think anybody listening to this as on the same page as Laura there, North Carolina lawmakers vote to approve him before looming deadline, they had to vote to keep it legal or else it would be banned.
And 1500 farmers, 1200 manufacturers would all be out of the job. Got that done. They got it done relatively quickly as well. So perhaps North Carolina, couple of news stories out of New York, the New York cannabis control board signs off on 16 new cultivation licenses brings the total number of licensed cultivators in the state to 160 to the New York state Senate also approved a bill to mandate medical marijuana, health, insurance coverage.
Awesome news. For patients in New York, the us Virgin islands, governor plans, special session to legalize medical marijuana, and puts potential revenue in a budget proposal. Hashtag bold move eight per wall street journal cannabis companies are using the metaverse to set up shops, promote their core product and sell real-world merchandise and non funded.
Tokens. I have questions about NFTs and cannabis. What communities are they creating? I'm very curious to see if companies are actually using an FTS the way they are meant to be used in this industry to date, but we'll see. And I look forward to getting more specific news on this moving forward terrorists NTRs SSF on the OTC debuts cookies, engage brands in New Jersey.
Talk about a trifecta in the holy Trinity of cannabis brands. So Jason Wilde must be feeling good on this front. Silver spike capital. That is NASDAQ listed Linder. S I C co-leads a $170 million senior secured loan to the shrine group. If cannabis, shrine group is the umbrella company and parent company of steezy one of the leading brands in all of cannabis and also sold on the black market quite a bit in the state of New York.
I am 100%. That the, that is not the company that is people buying it and selling it for a premium on the other side of the country, high tide, H I T I on the NASDAQ opens their 120 store. They are just setting up a massive footprint in Canada, verano V R N O F opens up their 100th dispensary in the U S.
So we also pick winners every day. For those who are seeing this on social for the first time, you can also download this on apple, Spotify wherever else you listen to podcasts, but my winners for the day, I think Tara sin deserves. That was a massive undertaking. Getting those three brands under one roof, a silver spike capital, high tide, and Verano.
I'm all watching today. And definitely some interesting news about the capital markets of cannabis and the markets legalizing themselves. Hope. This was interesting. You all have a fantastic weekend. We will do this again. Monday, looking forward to seeing you all then
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Stocks To Watch Today:
the Virginia general assembly voted to approve the budget bill that re criminalizes personal possession of over four ounces of marijuana in public.
77 year old sues $CURLF saying it contains substantial amounts of THC.
$GTBIF opens applications for its third round of good green grant program.
Stocks to watch:
$CNTMF
$ACB
$GTIBF
$LOWLF
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Good morning, my friends. Welcome to a wonderful Thursday. It's beautiful here in North Carolina. A state where cannabis is not legal. So naturally we're here to talk about cannabis. This is Elliot lane host of Benzinga cannabis daily. Thanks so much for tuning in rate and review us, let us know what you think and what you want to hear about.
We are open to all of your thoughts. Let's dive in though. A good bit to talk about today. Sorry we missed yesterday, by the way. Definitely came down with the bug whatever's going around. However, the Virginia general assembly voted to approve the budget bill that re criminalizes personal possession of over four ounces of marijuana in public.
Public is a good key differentiator there. However, not a good update for cannabis in Virginia. So we'll take effect upon signing from Republican governor Yuncken. This news release is per normal overall. Not a great update. They're not really sure the purpose of this. However, ideally, we'll get more clarity on that as this rolls out per MJ, biz cualeaf is facing a class action claim over mislabeled drops, the product in question is the select CBD drops. This is C U R L F on the OTC. It started with Oregon resident 77 year old. Suing the MSO saying it contains substantial amounts of THC. The reward is the actual damages or $200 per claim.
Whichever is greater overall. This has been addressed in the past by Cura leaf where they initially said it was human error. That being said clearly has not responded to this actual. Class action claim. Cannabinoid manufacturers have less than a week to submit data to us. Health regulators, considering whether to allow extracts such as CBD into foods and dietary supplements.
The meeting is June 14th. This news release also per MJ biz. The focus is hemp derived T H C, or hemp derived CBD. I would imagine just hemp derived anything. Yesterday was the first day medical marijuana supporters in Mississippi. Could submit applications for a medical card. Mississippi was the 37th state to legalize medical marijuana in February GTI or green thumb industries.
OTC listed GTB. I F opens applications for its third round of good green grant program. Through this program, GTI supports nonprofits to help create change and opportunity in impacted communities by the war on drugs. Awesome. Awesome initiative by GTI law farms and other OTC listed company. They're very popular cannabis brand.
LOL Aramco brings back its limited edition pride packs, $1 from the sale of each pack. We'll go to glad that's G L a D one of the largest LGBTQ media advocacy organizations in the world. Can there a biotech, L O V F on the OTC closes a $50 million credit facility with BMO commercial banking is a very large bank to that we are looking at here.
And I think that's honestly the biggest part of this news. In my opinion, Kinera is a vertically integrated producer of cannabis and derivative products with over 1.6 million square feet of facility assets in Quebec. Next leaf solutions, O I L. F reports their second quarter. I believe the end of Tuesday, their revenue is up 774% year over year to 1.1, 4 million on the quarter, they added more distribution in Canada.
They're adding on more products and brands through its glacial gold product align and glacial gold also launched an Ontario with two products. They currently have, I believe. 12 or 13 in BC, many of which are leaders in their categories. So next lead solutions on a pretty rapid trajectory right now, Aurora cannabis ACB on the NASDAQ closes previously announced a bought deal offering for gross proceeds of approximately 172.5 million us.
And last, but not least also on Tuesday can source and report and see in T M F a on the OTC, their first quarter revenue up 19% sequentially to just under 20 million. They reaffirmed their guidance for the year of 90 to 95 million for the year. I want to emphasize, I'm probably not going to do winners of the day, but if I'm keeping an eye on stocks to just as watchlist just for the future.
Consortium and next leaf are definitely on that as well as Kinera biotech. Some good news out of Aurora. I will say, I feel like one out of every four releases is good for them. So I'm pumped to see that. And you got to call out low from farms and GTI as probably the winners of the day. With there to give back programs.
That being said, y'all thanks so much for tuning in. We will, of course do this again tomorrow. I promise you, you have my word, the word of Elliot lane tune into cannabis insider every Tuesday and Thursday at 4:00 PM. Eastern time on Benzing his YouTube channel for some of the best interviews in the industry around have a great.
Hey investors. Thanks so much for tuning in to Benzing. As cannabis daily stock picks and news podcast every day. Pre-market once again, this is not financial advice. Please do your own research. We hope we bring you the best and most efficient news for your investing. Continue to find us on benzinga.com/cannabis, spending a.com/podcasts or on YouTube on Benzing as chair.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Stocks To Watch Today:
Politicians & Cannabis: Controversial GOP Rep. Boebert Calls Sen. Coram 'Illegal Drug Dealer' For Selling 'Hot Hemp'.
Flora Growth Follows Tilray: Reaches Amazon UK With Its Cannabis Brand JustCBD.
Stocks To Watch Today:
$HBORF
$ETRGF
$FLGC
$IWINF
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Good morning investors. Welcome to your next episode of cannabis daily from Benzinga. This is your host Elliot lane. If you're in the United States, I hope you had a great long weekend. Memorial day had hot dogs set by the lake. Doing whatever you do. If you're not in the U S hope you're off to a great start to your week and ready for your next episode here.
So let's chat about what's going on. Dog house farms. Great name is the first in Detroit. To receive a recreational marijuana business license. Now, if you're like me, you thought, wait a second. I thought there was already great weed in Michigan. Not in Detroit, apparently more than two years after the process started is when this is happening.
They have a grow operation on Detroit's east side, there'll be selling recreational marijuana. The process was actually delayed due to a federal court ruling of the muni municipalities, original law. Was likely unconstitutional because it favored local residents. So doghouse farms will most likely start a wave.
Let's see who is next to jump in Laura and Bo Bert is making news by accusing her challenger of selling hot hemp and being an illegal drug dealer. Hot hemp is higher than legal amounts of THC, California marijuana tax revenue has reached $4 billion per marijuana moment. That being said figures over the last 18 months or so are flat and growth has stalled.
4 billion is a big number, but of course we want to continue to see the industry grow, especially in such an emerging phase. So let's see, as that grows, what happens perhaps the tax. Initiatives governor Gavin Newsome may affect this positively or negatively. So TBD as discussed with Abner Curtin, CEO of a sin wellness holdings.
That's aawh on the OTC on bending as cannabis insider. Several leading us operators are teaming up to Sue the federal government and sign on a the same law firm. Clients such as Al gore. The main goals here will be to stop the government from impeding interstate commerce, as well as challenging to ADE.
If you're unfamiliar to ADE is a major tax obstacle for the cannabis industry that blocks the industry from tax deductions that are normally available to other companies. Spain is looking to join the European trend of legalizing medical marijuana. Per reporting from William Rakowitz of Forbes cannabis.
Tourism is now a $17 billion industry, and it is just getting started. My favorite of this of course is button breakfasts. What a great name. According to a Harris poll, 50% of millennials say that access to legal recreational marijuana is important when choosing a vacation destination and 43% of millennials have specifically chosen a destination because recreational marijuana.
Was legal there I'm a millennial. I have not done that. But that being said, I believe in north Carolina's general assembly has started discussions again to legalize medical marijuana, entourage health that's ETR, G F on the OTC is the first of several companies. We're going to talk about reporting earnings today.
Let's get through this very quickly, the first quarter, their total revenue of 15.8 million. Up 17% year over year entourage health, formerly weed MD is a large cannabis licensed producer in Canada. So they are, they've seen a good turnaround under George scorches that there are new head honcho, not new, really.
He has really turned this company around for the better flower Corp F LWP F on the OTC reports. First quarter gross revenue of 3.9 million is up 75% year over year. They did use the funds from there, from the sale of their halogen facility to pay off a loan from ATB. And they're also reinstated. When it comes to trading.
So you can look to increase the volume on that stock today. If you'd like sugar, bud SBU, D F on the OTC, these are all three Canadian LPs. They reported their first quarter gross rev of just under $1 million, which is up 38% year over year. They are a craft cannabis company. So you're not going to see the same numbers out of this company.
Like you would a canopy growth or even an entourage health or a flower court. But they had record grams of cannabis sold. So sugar bud is continuing to prove out their model. Irwin naturals. I w I N F on the OTC reports, unfortunately, they had some CBD issues, which were really what we're going to be talking about today.
Overall, they are a nutraceutical company they're in ketamine, they're in CBD. They did see a 6.4% decline in operating revenue due to supply issues in CBD and income from CBD products was around two and a half million, which was down 33.6%. Kyron life sciences. K H R N F on the OTC reports, 4.6 million in first quarter revenue up 65% year over year and 28% from the end of last year, their record revenue from medical cannabis of 2.6 million, which is 53% of that.
2.6 million is revenue from UK and Germany. Harborside is finalizes their integration measures to become state household. Next month. Wow. We got through a lot of different stuff today. If I'm looking at companies to watch, I'm going to check out Irwin naturals, just given the size of that company. My winners for the day are probably Harborside HBO, RF, entourage, health, 80, or sorry, E T R G F.
And of course check out the other ones we discussed today. I'm sure more news will be coming out shortly on benzinga.com/cannabis. Stay tuned, tune in the cannabis insider every Tuesday and Thursday at 4:00 PM. Eastern time on thing as YouTube, we will see you again tomorrow. My friends. Hey investors.
Thanks so much for tuning in to this. Cannabis daily stock picks and news podcast everyday. Pre-market once again, this is not financial advice. Please do your own research. We hope we bring you the best and most efficient news for your investing. Continue to find us on benzinga.com/cannabis, spending a.com/podcasts or on YouTube on Benzinga.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Stocks To Watch Today:
$HBORF
$CGC
$AYRWF
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Stocks To Watch Today:
$TCNNF
$TGODF
$AYRWF
$JUSHF
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Good morning, my friends welcome to a fabulous Thursday. This is Elliot lane host of Benzinga cannabis daily here to bring you your daily dose of cannabis, news, and insights. We do have some interesting public company news today, as well as some legislative updates. Let's dive right. And South Dakota voters.
Once again, we'll get to vote on adult, use marijuana on the ballot in November. I feel like we already knew this, but worth saying again, as the news came out again, and this would be for age 21. And over in November, 2020 voters voted for legalizing marijuana possession and the licensed retail sale of cannabis shortly after Republican governor Christie.
No. Took the law to court to get it stricken down. As she thought it was unconstitutional justices on the state Supreme court voted in favor of Kristi Noem four to one. So now the voters get to decide once again and we'll see if they have been swayed by Christy or if they stick with what they believe in terms of marijuana legalization.
The Missouri department of health and senior services announced on May 18th, that it would be transferring $5 million to the Missouri veterans commission or the in VC, according to a press release. This is the third transfer of funds to the organization, which now totals nearly $14 million. And these funds are directly from the medical cannabis program in the state.
Massively exciting to see. The program giving back to the community and to those to really the community that has supported cannabis from the beginning, truly you some nice buying from some of its senior level executives. Kim rivers buys into true leave along with the director of IIR and several other.
C-suites we'll have a story on that. Shortly university of California, San Diego performs. Using data from population assessment of tobacco and health in the U S or otherwise known as path, they use 6,925 youths, 14,938 adults. And from this study, they found in states where recreational cannabis is legalized.
Youth are more likely to start using cannabis illegally. This isn't. Contradiction to several studies that have been released recently. There's also an increase in likelihood in adults as well, which is good for sales per Amir, per MJ, biz Russia's invasion of Ukraine, as well as ongoing supply chain issues are causing a global fertilizer shortfall, leading cannabis growers to brace for higher prices.
So once again, we are looking at pricing issues in the cannabis. Some good news here from the green, organic Dutchman, rather impressed with their. The most recent Q1 earnings report. This is T G O D F on the OTC. They have over 10 and a half million in revenues of 96% year over year. And at 12% sequentially, this is a record for quarterly revenue for the company.
14% decrease in costs as well from the previous quarter. So overall T God is looking good today. Tilray T L R Y launches a new CBD gummies. A lifestyle Gumby line that is now available on Amazon UK. Air wellness, Ayr WF on the OTC reports. Their Q1 revenue was flat sequentially at $111.2 million. Over the first three months of the year, they recently closed an acquisition of herbal remedies, which has two Illinois dispensary's Pablo's watch of Cantor Fitzgerald.
One of the leading analysts in the industry releases a note on. This is J U S H F on the OTC. You remains neutral after the first quarter earnings reports, you lowers the 12 month price target to two and a half dollars. Their company's Q1 sales fell 6% sequentially in line with the performance of some of the company's main markets, such as Massachusetts, Pennsylvania, and Illinois.
So not much against the company in the note per se. However, he isn't thrilled with the risks. That is that it's a little bit higher than some of the other multi-state operators in the U S I'm Mullin fume, H U M B F on the OTC. Their third quarter revenue is down 6% sequentially. However, their operational costs did decrease 12%.
From the previous quarter. If I'm looking at winters today, I got a call out TC and an F that's true leave. I got to call out the green organic Dutchman T G O D F. I'm going to keep an eye on air wellness and juicy today as well. This is Elliot lane. We'll do this one more time tomorrow. I'll thank you so much for tuning in rate and review us, share this with your friends.
Let us know what you want to hear about. See you then.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Cannabis Dispensary Workers Across Quebec Strike Over Better Pay, Conditions, Here's What Happened.
Jushi Q1 Revenue Grows 48.5% YoY, Revises 2022 Revenue And EBITDA Guidance.
Decibel Reports Q1 Record Net Revenue And Adjusted EBITDA, Here Are The Details.
BENZINGA EXCLUSIVE: Mike Tyson's Cannabis Brand Tyson 2.0 Appoints Alc-Bev Industry Veteran As Chief Marketing Officer.
High Tide Subsidiaries Blessed CBD And NuLeaf Naturals Launch Subscribe-And-Save Discount Programs.
Verano Q1 Revenue Improves 67% YoY, What About Net Loss?
Stocks To Watch Today:
$INLB
$MRMD
$HITI
$VRNOF
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Good morning, my friends welcome to a marvelous Wednesday. My sincere apologies for missing a cannabis daily episode yesterday. I last just wasn't feeling up to it, but you know what? We're back in. Action. Today we have quite a bit of news. If I ever do miss an episode, we'll always try not to, but you can always check out benzinga.com/cannabis for any news that you might need for your day of investing.
This is Elliot lane host of bending as cannabis daily. Let's talk about what's going on in the industry. Both chambers of the Rhode Island legislature voted yesterday to legalize and regulate the adult use cannabis market and rock on Rhode Island. The bill now heads to the governor's desk. If it is signed into law, the Rhode Island cannabis act would allow adult Rhode Islanders, age 21, and up to.
Home cultivate and purchase limited amounts of cannabis. News is out of normal. Dozens, more applications were approved in Ohio to operate medical cannabis. Dispensary is currently under 100 state licensed dispensary's at the moment. This is great news, especially for those who are able to expand and enter that market.
I think this creates some room for some interesting younger companies and single state operators to join the fray. Massive labor action in Quebec, Canada. Excuse me as I butcher this, the society Quebec was do kind of beast. And that was the last time I'm going to say that it's going to be the sq DC from now on a suspended union, late leadership and 75 employees.
Get this over dress code violations more than 300 employees are now on strike because of this. The news is out of MJ. And this is where it gets a little funny for me, the crime here, being that they wore dresses and Bermuda shorts as a means of pressure instead of the black pants and sweater required.
So instead of fun, relaxed atmosphere, we're going for the Steve jobs look and they are enforcing it in Quebec. So we'll see how that plays out. I don't think that it's too much interest in your investing for now, but certainly an interesting story. High tide NASDAQ listed H I T yeah.
Launches another subscription program through their subsidiary, blessed CBD in the United Kingdom. This will be a subscribe and save platform for their consumer base. Their clearly C U R L F on the OTC expands their New Jersey adult use sales to a new dispensary in Edgewater park, New Jersey. This is their second location in this.
Navis becomes the top wholesale platform in California was steady year over year growth. They surpassed $1 billion in transactions and they currently represent 15% market share of the state's total cannabis sales. And if California cannabis, that is an absolutely massive. Massive number.
I really look forward to seeing when Navis becomes investible by the general public, because I imagine a lot of people will be jumping in there. Merrimack MRMD on the OTC receives multiple media awards for its world's largest cannabis brownie PR campaign. And we also have a few. You thought we were done?
Not so fast. Juicy J U S H F reports. The revenue is at 48 and a half percent year over year to 61.9 million and down 6% sequentially. They revised their guidance for 2022 revenue and adjusted. And they currently have $76 million cash on hand and positive news here they are awarded in Ohio medical dispensary license recently creating the company's fifth vertically integrated state.
Verrano also reports V R N O F on the OTC, their first quarter revenue declines, 4% sequentially to 202.2 million. It is up 67% year over year. Forefronts FFN T F D reported yesterday as well. Their first quarter revenue declined 8% sequentially to 26 million. They did offer a positive outlook and ahead of schedule update for their Illinois facility.
So good news there. Air wellness received approval to begin. New Jersey adult use sales Ayr WF on the OTC. Finally last but not least item nine labs, I and lb enters into an agreement to acquire a sessions, cannabis, a Canadian cannabis retail franchising company. This would create one of, if not the largest global cannabis franchise company, since the sessions generate 70 million Canadian dollars in annual sales.
And they currently have 43 open stores in Ontario. Whew, we got through it. You all, if I'm giving a winner, you got to give it to Rhode Island today. I know you can't invest in them, but that's super exciting. I'm anxious to see if high tides subscribe and say platform in the UK will be as successful as their one in Canada.
I'm also going to keep an eye on Verano and air wellness stocks today, not necessarily winners, but I think you could see some movement for sure. And subsequently on M S O S a winner for me for the day has gotta be I N L B and M R M D. Just continuing to push ahead with some interesting news there.
And I, NLB I think has been much more aggressive this year. I've been doing some really cool things. All right, John, that's going to be it for this Wednesday. I'll see you again tomorrow. I promise you unless an act of God takes me out. Have a great one.
Okay. Your picks were a little choppy. I'm just going to really quickly download the sound file and a check. And if not, can I have you rerecord them? Can you give me five minutes? Sure. Okay. Yeah, I'll ping you back with it or not. Okay. Okay. Thanks.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
More than 6 in 10 adults in Missouri support recreational cannabis legalization, 25% said the drug should stay illegal, 13% just weren't sure.
According to a Technion study published last week in frontiers in pain research, most cancer patients' pain levels improved significantly and other symptoms, such as depression, anxiety, and insomnia also decreased with the use of medical cannabis, giving patients an overall higher quality of life.
$FLGC acquires another CBD brand under their flora life sciences.
$SAM introduced teapot, a new line of cannabis-infused teas.
$VRNOF wins their lawsuit.
Stocks To Watch Today:
$SAM
$FLGC
$VRNOF
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Good morning, my friends welcome to a marvelous Monday. We are going to have a better week. This week. Cannabis stocks are going to be better. Stocks in general are going to be better and my optimism will never cease. So I hope you all had a wonderful weekend. This is Elliot lane, host of benzinga cannabis daily.
Let's dive into some cannabis news, not a whole lot moving on the public company front yet. Quite a bit of legalization news as always depending on how you look at what's important, but let's dive into a few tidbits to start our Mondays off per marijuana moment, more than six and 10 adults in Missouri support, recreational cannabis legalization, 25% said the drug should stay illegal 13% just weren't.
Sure. So maybe those guys. Some sort of opinion by the time the November ballot gets around because activists have as many signatures. If they have as many signatures as they claim to have, then the measure goes before voters on the November ballot. So we shall see if Missouri expands their marijuana program even further shortly North Dakota activists also gather enough signatures to put recreational marijuana on the November ballot, according to a Technion study.
Published last week in frontiers in pain research, most cancer patients from this particular studies, pain levels improved significantly and other symptoms also decreased with the use of medical cannabis assisted symptoms, such as depression, anxiety, and insomnia. Giving patients and overall higher quality of life and therefore offering positive impacts to the overall prognosis for each of these patients that improved a very positive study.
This goes against some of the other studies that we've seen come out recently from the likes of Australia. 27 cancers are linked to cannabis still. No, follow-up on that one. This is one of many studies that offers a positive outlook on what cannabis can do for medical patients and cancer patients.
Specifically a 46 year old man in Europe avoids a 15 year jail sentence after he was caught growing and distributing cannabis, 200. Of patients. Hundreds of those patients submitted letters to the court in his defense as he supplied those those many medical patients with cannabis oil to assist their symptoms, flora growth Corp FLDC on the NASDAQ acquires another CBD brand under their flora life sciences brand Messiah, or M a S.
Y a, it could be maybe it's Messiah. I don't know. I found it by leading cell biologist, Dr. Anabel, Manolo Morgan. It was, it will be sold and owned in the U S the company's patent pending formula is also expected to be in Flores, current clinical trials with the university of Manchester in the UK. So this is going to assist for both on the medical.
Internationally and on the consumer front in the U S this is a very interesting acquisition from them. The Boston beer company listed on the New York stock exchange under ticker S a M a they introduced teapot, a new line of cannabis infused. Teas what a great name for this line. You may know this company cause they also have Sam Adams truly twisted T bunch of other brands.
We probably all know and love or don't love depending on your taste buds. They will be available in select Canadian provinces beginning in July, Verano VR in O F one of the tier and top tier. Multi-state operators in the us cannabis industry wins their lawsuit against Nicholas Neilson in Colorado for various Rico claims.
Veronica was also awarded $100,000 to cover attorney fees in the arbitration. And finally, the flower corporation F L WPF on the OTC releases. Fiscal year 2021 and Q4 results in 2021, they saw just under 15 million in gross revenue. In the fourth quarter, they saw around 4.3 million winners. I think flora growth Corp is top of my list this morning.
And you know what? I'm putting nicely listed Sam on there as well. Fantastic brand for that for that line they're releasing. And then of course, Verano V R N O F would that being said, let's keep an eye on the cannabis space for the rest of the week cannabis hour. benzinga.com. If you want to get in touch with us rate and review us, let us know what you think.
Keep an eye on the news for the rest of the day. benzinga.com/cannabis. Have a fantastic start to your day.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
The Louisiana House committee on labor and industrial relations unanimously advanced a bill Thursday that would protect state employees who are legally treated with medical marijuana. The FDA head guy over there, Dr. Robert Califf admits the agency has been slow to regulate CBD.
$BGXX is the newest cannabis company that is listed on the NASDAQ. They are plant-touching and DEA regulated. So the NASDAQ allowed them to live.
Stocks To Watch Today:
$IWINF
$TCNNF
$HITI
$TLLTF
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Good morning. Feel good. Friday has returned it's Friday, right? I don't know. It's hard to keep track nowadays. Hope you all are having a great week, obviously. It's hard if you're an active investor in the markets, I get it. But that being said, we're going to keep you up to date no matter what.
On the cannabis industry, this is Elliot lane, host of Benzinga cannabis daily. Let's dive into what's happening today. High tide NASDAQ listed H I T I back in the news today, announces it's can a cabana loyalty program has surpassed. 515,000 members and adds two more stores to the network. We have been following their Canada cabana loyalty program.
And I got to say, I think it's growing relatively quickly. If memory serves I think at the end of last year, They hadn't. They had yet to hit 400,000 members. So if they continue this rate of growth, I think it's a very positive trend for high tide and what they will be doing for recurring revenue.
Moving forward. Irwin naturals. I w I N F a household nutraceutical. Is launching THC products in Colorado. They have been diving into cannabis and ketamine recently there'll be the licensing, their products to the Larson group, new frontier data and trees to very well-known ancillary businesses in the cannabis space.
Tree's doing a lot of technology, new frontier data, obviously a data play. They are forming a partnership, providing new solutions designed to bring speed accuracy and transparent. To cannabis, retail brand and product performance. This is very interesting. I think a lot of companies will be looking for something like this, especially as more and more hit the public markets, tilt holdings, T L T F on the OTC.
Launching a new cold press and cured resin cannabis oil product portfolio in Massachusetts today, truly TC in an F on the OTC celebrates two openings of West Virginia dispensary's today as well. Marijuana legalization stalls out in Delaware in their house for the moment they are putting legalization on the back burner as they focus on possession and legalizing that and, or the restrictions around.
Also per marijuana moment. Two more storylines that I think worth mentioning here, the Louisiana house committee on labor and industrial relations unanimously advanced a bill Thursday that would protect state employees who are legally treated with medical marijuana. Also the FDA head guy over there.
The top man, Dr. Robert Califf admits the agency has been slow to regulate CBD. Yeah, don't say, but also throws a blame at Congress and recent interview for not doing more can disagree with him there. That being said, I wonder if you all have been following the saga of BG X, X, this is the newest cannabis company that is listed on the NASDAQ.
They are plant touching and that is the news here. They are. DEA regulated. So the NASDAQ allowed them to live. On the air exchange, they have had a wild ride this week. We saw them start close to the twenties if not mid teens, but they hit $48 very quickly checked on them the next day down to 15 very volatile.
I wonder if this is their floor for the moment. That's a pretty solid floor and give them the rest of the. So we'll keep an eye on this and I think we'll continue to bring you their news as well as we dive into this more, over the coming weeks. So as Elliot lane, thanks so much for tuning in. Ya'll not a whole lot more news to report on, but as always tune into bending.com/cannabis for all your updates throughout the day, we'll see you again on Monday.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
The state of New York Senate and Assembly approved a bill to encourage businesses, to use hemp materials for packaging, construction, and other industrial purposes.
A comprehensive study of more than 1000 people has confirmed the safety of orally ingesting cannabidiol products.
Cannabis Movers & Shakers: Flora Growth, Valens, Metrc, Treez.
Ascend Wellness Secures $36.5M In Additional Funding, Will Expand PA Assets And Acquisition Of MedMen NY.
Indiva Announces Q1 Revenue Grows 43.8%, Here Are The Details.
Elliot's Watchlist For The Day:
$NDVAF
$AAWH
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
CRLBF Revenue Up 20 % YoY.
Cannabis consumption is generally depicted in a positive light on TikTok, 63% of users on TikTok are between 12-17 years of age.
The state of Arizona sees a new Cannabis state sales record of $72 million in March. Retail sales of legal cannabis are directly associated with a decrease in use of alcohol, cigarettes and pain medications.
ACB still seeking profitability.
FLGC subsidiary launches partnership with Heisman.
LFLY launches delivery in California and other states for consumers 21 years and older.
Elliot's Watchlist For The Day:
$FLGC
$LFLY
$CRLBF
$ACB
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Good morning. My friends hope you all are having a wonderful week. Happy Wednesday, excited to be here, chatting some cannabis news with my friends. This is Elliot lane host of Benzinga cannabis daily. Really pumped to chat about what's happening in the market. Today is we're going to start off with one of those tier one multi-state operators, Cresco labs.
Gives us their quarterly report, C R L B F on the OTC. Their revenues are up 20% year over year. It increases to 214 million wholesale revenue of 95 and retail revenue of 119 million for a while. Cresco labs has been known as the wholesale retail. When it comes to Ms. Sows in the cannabis space. I don't know if 95 million wins that battle for some reason, curely is in my mind is the winner.
But that being said, they are still one of, if not the leader in the wholesale space. Continuing to dominate that they're also a big brands play. They're very big on brands over at Cresco labs. And of course the acquisition of Columbia care, which should come to fruition later this year.
We'll hopefully continue to drive the trend of this stock upward a study by drug and alcohol review found that cannabis consumption is generally depicted in a positive light on Tik TOK. Color me shocked. Not really. They probably could have said that without a study. This was per high times eventually trying to draw a conclusion on if there is any effect on youth consumption as around 63% of users on Tik TOK are between 12 and 17 years of age.
The state of Arizona sees a new state sales record of $72 million in March. According to data published by the journal of adolescent health retail sales of legal cannabis are directly associated with a decrease in use of alcohol, cigarettes and pain medications. The data comes from the study of trends of 12,500 young adults aged 18 to 25 in the state of Washington.
Another report data also shows medicinal cannabis continues to gain steam in Australia. Now almost 250,000 prescriptions in the last five years, 80% of which are since January 20, 20. A lot of news today from Aurora cannabis AC be on the NASDAQ, still seeking profitability and looking to still cut some costs per MJ biz with additional closures, they are closing their flagship Aurora sky facility in Edmonton, Alberta.
They're also closing an outdoor farm in British Columbia, as well as a testing facility, the company boasted, and it was known for, and its testing and genetic divisions. However, Aurora cannabis on more of a good note here does strengthen their European positioning and receives EU GMP certification at a cannabis production facility.
Flora growth Corp. This is F LGC on the NASDAQ. Their subsidiary vessel brands launches a partnership with Heisman that is Ricky Williams, a cannabis brand. The partnership consists of a unique one hitter ancillary inhalation product. This is really cool. I love flora growth. As you all know, we cover them quite often.
I also love Heisman. They are a private cannabis company, private brand play, and I think a very strong one in there. Out loud and proud in the industry. So I think this is a very strong partnership for the likes of flora growth, Leafly LFL Y on the NASDAQ launches delivery in California and other states for 21 years, 21 year olds and older for consumers there.
So that's awesome. They're expanding. Their footprint, their expanding consumer access. They're expanding quite a bit here on both their side as well as the consumer side. They're a leading platform for looking at strains for looking up data on products, and now they are. Access to those products.
This is really cool on their part. The next step for tuatara capital and spring big taking spring big to the public markets is underway with a meeting to approve the business combination happening on June 9th. This is super exciting. All right. Y'all. If I'm looking at winners, you got to call out Lee.
Flora growth Corp. I'm keeping an eye on what the stock does for Aurora. That's a watch LR for me and Cresco labs as well. So keep an eye on those four stocks today. As we move into the rest of the week, we will continue bringing you the best cannabis news out there. Check out benzinga.com/cannabis.
Thanks to Erin and NAZA for making this happen. We will see you again tomorrow.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Innovative Industrial Properties Acquires Massachusetts Property and Enters Into Long-Term Lease with TILT
Elliot's Watchlist For The Day:
$IIPR
$TLLTF
$KERN
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Good morning, my friends happy Tuesday, honestly forgot what day of the week it was may have gone to bed a bit late last night, but good news. I got a haircut yesterday. It was growing a mullet was not. And we are back to looking like a regular human being, but we're here to talk about cannabis, not my hair.
This is Elliot lane. Host of Benzinga cannabis daily podcast. Thanks so much for tuning in really appreciate it. Let's dive in to what's happening in the cannabis markets today. Colonel NASDAQ listed K E R N announces a strategic review to increase stakeholder value. They engage J M P securities.
Their CFO, John foul is leaving. I love John. He's a great guy. They'll have an interim CFO now who is being promoted internally. Their president and COO is also transitioning to be a special advisor to the CEO. So obviously. Jessica and team over there, not necessarily happy with the current state of things that occur in a looking to increase the value for the company and for those who have invested in the company.
So we'll see where this leads. I don't think this is just the beginning and I would imagine. Jessica is a wonderful CEO and understands when she needs to make moves. I am interested. We'll keep an eye on them. The department of justice pro-marijuana moment is urging the Supreme court to reject cases on medical cannabis.
And workers' compensation saying that marijuana policy is evolving in that Congress and the executive branch are best suited. To handle the federal state conflict on the issue. That would be nice if they ever took any action. The food and drug administration issued a safety alert about marijuana infused copycat food products that resemble popular brands.
Think the Cheetos that we discussed yesterday at the elementary school out west since six elementary kids to the hospital, this is not the first time I believe there was something in New York a couple months ago. So this is an issue. These are illicit to market products. These are not illegal products, obviously.
And hopefully we can get these rounded up very quickly. Senator James Lankford, Republican from Oklahoma mocked, his home state's voter approved medical marijuana law. When she unsuccessfully campaigned against in a Senate floor speech about his opposition to abortion rights. Also premier won a moment play at 13 P L N H F on the OTC reports.
Their first. Their revenue of 25.7 million is up 8% year over year. Interestingly enough, they are actively pursuing a us listing right now. It is federally illegal for them to be listed on the NASDAQ or nicey, but they are preparing for the moment that safe banking passes or any type of legislation passes, letting them join the ranks of the NASDAQ and nicey listed.
They also closed their next GreenWave acquisition, which was a very very great company out west in California, a legacy grower. So they acquired some great products some great quality. They also acquired what was a very positively. Positive financially driven company. We'll say the cannabis control board in Vermont issued its first license on Monday for retail, marijuana cultivation.
There is still growing frustration in the states as others are looking at. Plant their roots in the industry itself, Greenlane reports, G N L N on the NASDAQ revenue, 46 and a half million in the first quarter, which is up 37% year. Over year, they have a much larger tax liabilities this quarter. I think somewhere over 10 million brand sells and cash on hand are both down.
And, but they do save $8 million with a reduction in force. So overall, I would say, let's wait until the next learning. Pass judgment on green lane there, but some of their statement does make me take pause, even though I do love the year over year growth. I P R innovative industrial properties acquires a Massachusetts property and enters into a long-term agreement with tilt holdings, T L T F on the OTC halo cannabis, H C a N F on the OTC revenues.
In first quarter of 7.6 million are down 23% year over year. They did have their first incubated company, a Conda Corp go public. They IP owed last quarter. They also, I would say the big decrease year over year is from product pricing on the west coast. And obviously seasonality plays a huge effect in this industry.
As we've seen across the board in these quarterly reports, American. I can on the OTC is a cannabis rental facility company, and they released their first quarter results of over 600 K in revenue, which is up 52% year over year. If I'm looking at winners on the day, I'm probably. My winters are probably IPR and tilt holdings.
I think those are both great companies to partner with and they partnered with each other. So I'm all about that. Playing at 13, I think we'll keep a winner for now. I would say we want to see their California and Florida adventures go a little bit better than they have so far. I'm keeping an eye on green lane and a halo for next quarter and a Corona, as we mentioned, we'll keep an eye on.
So that's literally all the stocks I listed, but my winners, IPR tilt. Looking forward to doing this a couple more times. Benzinga will be reporting tomorrow morning and Friday morning, even though we will be at MGM packed. So if you are at to the event in New York city, give us a holler outside of that, have a great day.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Governor Gavin Newsome is looking to combat the illicit cannabis market and make the legal industry more competitive in large part by zeroing out the cultivation tax businesses currently incur among some other items.
6 elementary-aged students or taken to the hospital after eating cannabis-laced Cheetos.
According to AARP, Those who reported smoking weed more than once a month or more likely than others to have a heart attack.
Columbia care CC HWF on the OTC reports, their first quarter revenues of $123 million up 43% year over year.
M E D I F sees a slower Q1 as well. Revenue of 4.9 million down, both sequentially and year over year.
Verano, VR, N O F and Tyson 2.0, both launch mobile apps.
Elliot's Winners For The Day:
$DLTNF
$CCHWF
$CRLBF
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Good morning investors. Welcome to another wonderful week to check out the cannabis industry. This is Elliot lane, host of BENZINGA CANNABIS DAILY PODCAST.
let's dive in. We got some California news to start off our day. We do have earnings. I was hoping I might get a break from those. Just kidding. There are great news, but at the same time, wow. How many earnings did we go over last week? But back to California, governor Gavin Newsome is looking to combat the illicit cannabis market and make the legal industry more competitive in large part by zeroing out the cultivation tax businesses currently incur among some other items, but.
What a move. In terms of this is what people have been pining for what seems like years. So I'm so glad he's finally listening. This isn't a budget proposal by the way. So this is not a law yet, or a, an adjustment of a law. But we'll see how. Progresses. I would say this is very positive news for the California cannabis industry.
If you're looking for stocks to watch based off this news, obviously this will not be immediately effective for any of these companies, but take a look at the parent company at state house and or Harbor side. Take a look at glass house group. There are several to look at. Speaking of California.
This is more on the side, six elementary aged students or taken to the hospital after eating cannabis laced, Cheetos were provided by another student at the school. So they are not bought at the school or from the. And apparently the student did not know that his or her Cheetos were laced. Then when you read the article, one student says the other student added a little bit of something to the Cheetos.
I don't know. We'll see what happens here. Hopefully this isn't another case of that Florida bride lacing her wedding feast with with weed. But this obviously is not the first time that this has happened. So this is unfortunate per the AARP study occurred. Okay. 500,000 people between the ages of 40 and 69 focused on heart health, close to 35,000 of those people reported smoking cannabis 11,000 reported smoking more than once a month.
Researchers controlled for age, gender, and body mass, which all have an impact on the heart. Findings of this, where those who reported smoking weed more than once a month or more likely than others to have a heart attack. More than that, frequent users were more likely than those who abstained to have their first heart attack by the age of 50, which means there, there will be more chance for heart attacks after the age of 50.
This is an interesting bit of news. Obviously, this. Something that's very focused on heart health. There, there was quite a bit of science in the article as well. So I recommend looking that up and checking it out for yourselves, for sure. Columbia care CC HWF on the OTC reports, their first quarter revenues of $123 million up 43% year over year.
But down 12% sequentially reiterate their guidance of 625 to 675 million for the year. I will say. Across the board. Q1 is seasonally a down time for cannabis companies as reported by pretty much every major cannabis executive from operationally driven cultivation focuses to people not buying as much after the holidays.
You do see some solid numbers and increases or flat. Lions like true leaving, purely for spectrally. But overall, the seems to be the trend CBW TF that is Oxley a up and coming licensed producer in Canada reports. Their first quarter revenue declined sequentially 23% to 22.6 million Canadian.
But it's up 147% year over year, they continue as the top market share position for cannabis. 2.0 products per their press release Medipharm labs, M E D I F sees a slower Q1 as well. Revenue of 4.9 million down, both sequentially and year over year, they entered the U S pharmaceutical market for an FDA drug master file or a D M S.
For pure natural CBD API. This is the first for Canadian companies that I believe or first for Canadian companies entering the U S and second for overall north American DMS, Verano, VR, N O F and Tyson 2.0, both launch mobile apps. Check those out Verano for their Zin. Leave Tyson 2.0. Tyson 2.0 a Delta nine, the LTF on the OTC also reports the company closed an acquisition in Q1 of 17.
Dispensary's bringing their total to 35 brick and mortars. They also completed a strategic financing of 10 million from sundial and other credit facility of over 30 million. The revenues were down 13.2 million at two 12.5 million year over year. Overall, I think there are a company to. They are definitely have been improving and trending up recently.
But also that sundial financing is interesting last but not least Ohio activists and state officials have reached an agreement for marijuana legalization to not be on the ballot this year. But I've reached a lawsuit settlement that puts the campaign on a path for 2023. All right. Y'all who is the winner today?
There's not a whole lot of positive reports going on. I'm going to keep Delta nine on my watch list. I'm going to keep Columbia care on my watch list just because they're Columbia care and because of Columbia care, Cresco labs. But that being said, keep an eye on the California companies and how they move.
On that news from governor Gavin Newsome and the budget proposal there. This is Elliot lane host of cannabis daily. Thanks so much for tuning in. We'll do this the rest of the week. Y'all have a great one.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
iAnthus Reports 17% Drop In Revenue For Q1 2022, Here Are The Details.
Cantor Fitzgerald Maintains Overweight on Trulieve Cannabis, Lowers Price Target to $57.
Cantor Fitzgerald Maintains Neutral on Aurora Cannabis, Lowers Price Target to C$3.9.
Stocks To Watch Today:
$ICNAF
$ACB
$ITHUF
$OGI
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Good morning, my friends. Welcome to a fantastic Friday. I hope you are feeling good. I hope the week hasn't been too disappointing, her sad or tear evoking. I am with you. We are all here. But here we talk about cannabis stocks. Isn't much better, but with that being said, there's tons of news.
Everybody's reporting this week. We've gone through a ton of performances so far this week. If you want to go back and check out our episodes, please do. We're going to do a few more today with a couple of interesting notes happening around the industry. This is Elliot lane, host of cannabis daily for Benzing and let's dive in Aurora cannabis ACB on the NASDAQ reports, their medical cannabis net revenue of 39.
4 million is up 8% year over year. They raised their guidance for expense and cost savings from 60 to 80 million. Now 150 to 170 million by the first half of 2020. And Pablo's watch a analyst at Cantor Fitzgerald does claim that it does note that they are the second leading export or behind Tilray. I believe around 15 million in revenue from exporting there.
I think Tilray gets 20. But they are still not profitable. It was still something to note Aurora. Made an interesting acquisition. I thought earlier this year or late last year of a kind of a niche company thrive cannabis. I really liked them. I liked the acquisition. So I think they are headed overall in the right direction there, but hopefully we start to see that in the next few.
Pablo's won its releases a few other notes. MTR SSF on the OTC does have a challenging first quarter. He remains overweight due to the bullishness and excitement of New Jersey. As well as his partnerships and levers, he can pull with companies and acquisitions such as gage and Michigan and others.
But he does not rate the stock as a. Pick at the moment, truly TC in and F his note, he remains overweight, but lowers the 12 month price target from 59 and 57 due to lower EBITDA estimates company does beat FactSet estimates and reaffirmed full year. Pablo's wanted, she thinks the top line of guidance for true leave may be a bit of a stretch that being said truly just did have their best, first quarter ever.
So with that being said I don't know. I'm a wait and see type moment for TC and. More than 1200 stores in Ontario saw a data breach, including license numbers, names, and store info. It is considered a criminal matter. We'll keep you updated. As more comes to light there. A Pennsylvania court rules, medical cannabis is still a controlled substance.
After judge Deborah Councilman rejected an appeal from a Pennsylvania medical patient who was convicted of driving under the influence. First of all y'all don't drive high. Let's just say that, but it also goes further as the question of who will control the marrow, who will control marijuana as a substance.
Is it going to be the FDA or is it going to be a, the ATB? We'll see how this evolves and how the courts and Congress let it evolve. But overall I'm not a positive. No not a positive development when it comes to the Pennsylvania courts, but outside of that not totally surprising either organic gram OGI on the NASDAQ reports.
Their second quarter of 2022 net revenue is 31.8 million with a top three market share. They do maintain the top market share. Flower. I ant this it H U F on the OTC reports, 42.8 million in revenue. It is down 10% sequentially and 17% year over year. The net loss number. It did improve rather largely though from 26 million to around 10 million refi.
That is our EFI on the NASDAQ or otherwise known as Chicago Atlantic did upsize the revolving credit facility to 65. Millie and last but not least iconic brands I see in a F on the OTC and multi-state brand operator of sorts announces it is assigned a non-binding LOI to acquire D in a organics, a very well-known Califia fornia, cultivator, and manufacturer iconic has not made these types of moves.
Up to date. But I think this is a very notable one. His DNA is very well-respected has some influence on Capitol hill. There, I think there's a lot to like about this one and we'll see obviously how it makes its way to the end zone there. But I'm excited for iconic on that one. I think that's a good move.
If I'm going to announce my winners for the day, I see NAF has got to be up there with. I personally think ACB should probably be a winner today just given that it's on the NASDAQ and that it didn't have a horrible. The standards are low for LPs there. So we'll go with those two, but keep an eye on organic gram.
I ant this I ant this was one of the few winners, a lot of times in 2021, but not so great of a first quarter there. Now this is Elliot lane with cannabis daily. I hope you all have an absolutely fantastic weekend. We'll do this again Monday. Let us know if you want to hear anything in particular cannabis, our benzinga.com rate and review us.
And we'll talk to you soon.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
BENZINGA EXCLUSIVE: Jushi Holdings Opens 32nd Cannabis Dispensary Nationwide In Grover Beach, Expanding California Footprint.
Trulieve Reports Record Q1 Revenue, Net Loss Widens YoY.
Flora Growth Reports Expansion Of Its Operational Footprint In Europe, UK.
Tilray's Good Supply's Cannabis Portfolio Launches New High-Potency Products Including Liquid Wax Vapes, New Flower Strains In Select Markets In Canada.
Field Trip Launches At-Home Ketamine Treatment In Partnership With Nue Life.
Chicago Atlantic Reports Net Income Of $7.8M For Q1 2022, Higher Dividends.
Heritage Cannabis' Revenue Increases 450% YoY In Q4, Provides Financial Results For 2021.
The Hidden Potential Of The Endocannabinoid System? SciSparc Says Its Portfolio Of Cannabinoids-Derived Drug Candidates Tap The Body's Natural System.
Jones Soda Reports Impressive Q1 Revenue Growth, What Is At The Center Of These Strong Results?
Tune Into Cannabis Insider at 4:00 PM EDT today on Benzinga Youtube for $AFCG interview. Stocks To Watch Today:
$TCNNF
$JUSHF
$REFI
$AFCG
$BGXX to be on NASDAQ
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Good morning friends. Hope you are having an awesome start to your Thursday. This is Elliot lane, host of Benzinga cannabis daily bringing you your daily dose of cannabis, news, and insights. Chatting about cannabis stocks. What's going on with legalization. Is it ever going to happen? Who knows?
Regardless. We're going to talk about it. So for doing it for five minutes here, we've got a lot of reporting happening on Q1. Still some end of year reports coming out. But that being said, let's see, who is active today? Bright green corporation per new cannabis ventures may begin trading on the NASDAQ today under the ticker B G X, X.
They are a plant touching. Company what? Yeah. So basically if you touch the plants in the United States, up until this point in time, you have not been able to list on a us exchange. If this happens, this is a pretty major movement. Why would this happen? You ask they are one of the few companies to receive conditional approval from the DEA to cultivate cannabis for research purposes, they work under federal license.
They do not work under state licensing. So I guess they do meet federal requirements for their operations. They sell cannabis commercially for research and manufacturing purposes. They can also export internationally for cannabis research, as well as sell to DEA, registered pharmaceutical companies for medical cannabis products and preparations.
This is a big move. If they start competing with the MSOE in terms of revenue, they start competing with a lot of these major operators and companies in terms of stock performance. This could, we could see a pretty interesting shift here in terms of power. That being said, that's a lot of spectrum.
I don't see it happening anytime soon, if it does happen, but it is something to keep an eye on advanced flower, capital gamma, or AFC gamma. I think they have three names that being said AFCG is their ticker listed on the NASDAQ they report. But I'm not going to tell you how they. Tune in to cannabis insider today to Benzing his YouTube channel at four Eastern time, I interviewed their CEO Lynn Tanenbaum on the performance and he gave us a great rundown.
So tune into that later today sin wellness holdings. 84 million in Q1 revenue. That is a 4% decline. Sequentially I'm sorry, 85 million at a 4% sequential decline. They were touched by some inflationary pressures as I think there were some estimates, not from them, but from analysts of around 86 million low farms reports, 12 and a half.
And first quarter revenues. We did see that they had a cool partnership come out yesterday. So what schwas. So I would imagine Q2 will continue to help them trend in the right direction. Joshi, J U S H F on the OTC opens their 32nd dispensary nationwide and third in California. Love that Jewishy they don't consider themselves a big competitor in California yet.
I'm speaking for them. They may disagree. But that being said, I think. They always look at value value, dispensary value, brick, and mortars. They look at places that will run them, a strong run rates across the year for each and every dispensary they open. So I trust them when they open a third dispensary in California, that this is going to be a great project for them.
Truly, probably the report of the day, TC, N F on the OTC reports that record quarterly revenue of 318.3. Million dollars in the first quarter, this is up 64% year over year and 4% sequentially, 55% sequential improvement in net loss to around 32 weeks. Needham C's quarterly revenue, as better than expected.
Steve full with the same feedback on a true leave and offers positive feedback that says truly bucked, recent reporting trends and sees positive sales and margins. So overall I think true leave with a very. Very positive first quarter to start 2022. One of your tier one, MSO is one of your top global players.
They are the biggest footprint in the U S with around 162. I believe dispensary's they're massive. And analysts are enjoying their report today. Glass house farms, G L a S F on the OTC will be acquiring three dispensaries to move to 10 in their footprint in California run rate moves to around 200 million.
Plus over the next 12 months, Chicago Atlantic, R E F I on the NASDAQ reports there at the end of Q1, they had 22 portfolio companies, $321 million of commitments and 281 and a half million were funded, both numbers to date of the commitments and funded amount have increased. I believe the commitments increased by about 16 funded by.
- Overall their net income for the quarter was just under 8 million. So a Chicago Atlantic they are moving quickly and aggressively and compared to some of the other numbers, those are pretty large when it comes to lenders. So that is other lenders, I should say. Flora growth, Corp FLDC on the NASDAQ launches, the vessel brands and cans.
Which will start in Ontario vessel is an accessory brand. And in my opinion, that acquisition of vessel really started this snowball effect of aggressive news flow of aggressive expansion. And I think expanding vessel and still staying true to that brand is important for what floor growth is.
Heritage cannabis, Hert F on the OTC revenues up, I believe 450% year over year to seven, over 7 million. Pretty impressive from them. They have comparable numbers to the likes of a floor growth. Currently that's being said, this is Elliot lay man. Who's a winner today. I would say this. If BG XX hits NASDAQ today.
Got to check them out, got to see what's happening there and how investors react, who knows they may not get positive reactions just because of where the market is right now. But if anybody wasn't going to get a positive. Welcome to the market. I'd have to say it's them. So they're going to be a winner.
If they're listed, that's a big F otherwise TC in an F is a winner. I'm going to say juicy is a winner, and I am going to say recently, It's a winner. So keep an eye on them. As we move through the day that being said, we'll do this one more time tomorrow. We hope to hear from you. And once you all want to hear rate and review us, email cannabishour@benzinga.com
Otherwise have a great rest of your day. Hey investors, thanks so much for tuning in to. Cannabis daily stock picks and news podcast everyday. Pre-market once again, this is not financial advice. Please do your own research. We hope we bring you the best and most efficient news for your investing.
Continue to find us on benzinga.com/cannabis, benzinga.com/podcasts or on YouTube on Benzinga.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
- BENZINGA EXCLUSIVE: NASDAQ-Listed Enveric To Split Into Two Companies, One For Cannabinoids, One For Psychedelics.
- MariMed Reports Strong Q1, Provides 2022 Financial Guidance.
- Agrify Reports Record Q1 Revenue Of $26M, Shares Outlook.
- 1933 Industries Cancels Intended Acquisitions Of Day One Beverages, Here Are The Details
- Ascend Wellness Signs Term Sheet To Settle Lawsuit With MedMen & Buy Its NY Operations For $88M
- Goodness Growth Q1 Revenue Grows 18.2% YoY, Net Loss Also Higher, Here Is Why
- urban-gro Reports Q1 Revenue Up 11% Sequentially To $21.1M, CEO: 'Off To A Strong Start'.
- Schwazze to Bring Lowell Smokes to Colorado and New Mexico
Stocks To Watch Today:
$VFF
$AGFY
$UGRO
$ENVB
$AAWH
$SHWZ
$LOWL
Elliot's Winners Today:
$VFF
$AGFY
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Good morning, my friends, I hope you are having a wonderful week. It is a fantastic Wednesday. And of course it's raining where I am. It seems to be the case. That being said, this is Elliot Lane host of Benzinga as Cannabis Daily. Thrilled you guys listen in rate and review us, tell us what you think. We have a ridiculous amount of public company reports and news coming in.
Today, I am not going to get to it. All that being said, you should check and keep a tab open on your computer. benzinga.com/cannabis, Javier, and his team of awesome writers are updating you throughout the day and throughout the morning and what you need to know also just a quick push their bins in.
Cannabis preset on Benzing pro is an awesome source of information for stocks in the cannabis space. And you get information, I guarantee you before most everybody else. So let's get started on news today. First and foremost, Cantor Fitzgerald releases a note on village farms, NASDAQ listed VFF it is time to buy the dip.
It seems or in his words make use of today's pullback. BFF is the topic in the Canadian LPs. For Pablo, but he does lower the 12 month price target due to the overall Canadian sector. He does not blame the inflationary pressures on the produce for village farms on the company itself. They are dealing with what a lot of companies are dealing.
on the NASDAQ reports, their first quarter record revenue of 26 million up 271% year. Over year, they have a contract backlog of some 77 million operating expenses, more than double to just under 14 million with a net loss of just under 9 million. But the expenses are due to a pretty aggressive growth strategy for the company.
So overall, I think a very positive Q1 for the. Michigan cannabis sales jumped 27% in April, sequentially and year over year to $195 million. Michigan Ganders Michigan nurse. You choose a Michigan people love their cannabis at seams in various bio-sciences E in VB on the NASDAQ is spinning off into two companies.
Dependent upon NASDAQ approval. One will be focused on their psychedelics R and D and pipeline. And the other will be focused on their cannabinoid, R and D and pipeline. As I said, subject to how the NASDAQ reacts to the cannabis side, that being said, they originally were just a cannabinoid biotech, and they acquired magic.
Very well-respected company in the psychedelic sector. It seems that, of course a worthy transaction, but it seems one company for both of those was a bit too much, or maybe not the right strategy. So in various bio-sciences taking some cool steps there following in the footprints of field trip, which is also doing the same thing.
Goodness, growth holdings, GD NSF on the OTC reports, their first quarter revenue up 14% sequentially. Two 15.6 million. Of course. Whenever you talk about goodness growth, you have to remember Verano is acquiring them V R N O F on the OTC. Goodness growth shifted their focus from expanding in Maryland and close it.
They're also closing down an outdoor farm in Arizona. To focus more on expansion in New York send wellness and speaking of New York, it's in wellness and med men are resolving their dispute in New York. This is going to be a movie someday. I think aawh on the OTC and M N F on the OTC. Ascend will increase the total of the transaction.
By 15 million to a total consideration of 88 million. This remains below the recent precedent transactions. According to the ascend wellness press release, Madmen will withdraw their countersuit. Ascend wellness will receive 99.9% controlling interest in med men, New York upon closing and no earn-outs or performance considerations.
Basically when this is done. It's done. I think we're all thankful Mira med reports. MRMD on the OTC. First quarter revenues are up 1%. So pretty flat 31.3. But at 27% year over year, their wholesale revenue, something to speak of. There is up 6% year over year and their retail revenue is up 41% year over year.
So a pretty big jump for retail. It looks like wholesale also jumped, but of course it looks like they were already decently strong in that to help support their brick and mortar footprint. Urban grow UGR borrow on the NASDAQ reports as well. First quarter revenue of 21.1 million up 76% year over year and 11% sequentially.
They have $22 million in backlog contract orders, a few other hydroponics companies report today as well. Hydro farm, H Y F M on the NASDAQ Reverend revenue. Up 1% sequentially to a 111.4 million and grow generation revenue down 10% sequentially to 81.8 million. I still think grow generation could go back to being a darling stock in this industry, but their competition is pushing them right now.
The urban grows to aggrandize the hydro farms that I powers. There are several out there, we want to see growth generation start trending the different. Cronos group CRO in on the NASDAQ revenue down 3% sequentially to 25 million consolidated net revenue of 99% year over year. A good point here is Israel.
Operation revenue is up 263% year over year to 9 million. Interesting that they are looking to take a pretty massive foothold. It be interesting to see how the inner cures and the I am cannabis is of the world compete and keep up with a pretty established name like Kronos, or if they kick Kronos out altogether, we'll see, 1933 industries, TGI F on the OTC and day one beverages and mutually terminate their LOI.
Their agreed to agreement to merger. J one will repay a loan of over 480,000 as well as another 30,000. This is also including interest accrued and it will be paid by June 30th. So they will not be adding day one beverages to their product portfolio. At 1930. Schwas H R S H w Z is going to partner with local farms.
This is a cool partnership. The leading pre-roll brand in California Lowell is going to take its little smokes via schwas to Colorado and New Mexico. So that's pretty cool. Low farms partnering with others in different states. I believe GTI and Illinois. Totally be blowing that out of my mouth there, but I'm pretty sure they're partnering.
And in some Eastern states as well, your way cannabis, Y O U R F on the OTC prolongs their management cease trade order. As we mentioned before, there's quite a few delays in filings due to some auditing issues, not always the company's fault, but we do want these companies to report soon. So winners losers, all we're talking about today is public companies.
I think you got to say village farms. as a winner. I'm going to keep an eye on how the market reacts to. And I'm going to go ahead and say a sin wellness. You know what you win the day. You got it done in 15 million, more for a New York foothold. I'm okay with that being said, this is Elliot lane.
We got tons, more reports coming out. Keep an eye on our benzinger.com/cannabis page. All day, every day and tune in tomorrow for some more. Hey investors, thanks so much for tuning in to Benzingers. As cannabis daily stock picks and news podcast everyday pre-market. Once again, this is not financial advice.
Please do your own research. We hope we bring you the best and most efficient news for your investing. Continue to find us on benzinga.com/cannabis, spending a.com/podcasts or on YouTube on Benzinga.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
- BENZINGA EXCLUSIVE: Why Machine Head's Logan Mader And SOAD's Shavo Odadjian Love Weed And What They're Doing About It.
- Village Farms' Q1 Consolidated Adjusted EBITDA Falls YoY, Revenue Surpasses $70M.
- Cannabis Movers & Shakers: Curaleaf Names New CEO, iAnthus, High Tide & Root & Bloom Announce Appointments.
- Agrify Enters Multimillion Dollar Engagement With Michigan Cannabis Operator.
- Flora Growth Reports $9M In 2021 Revenue, Provides Guidance For 2022.
- Akerna Shares Slightly Down On Q1 Earnings Report, Revenue Improves.
- Nova Cannabis Q1 Sales Grow 171% YoY, Says Sundial Can Help It Extend Across Alberta & Ontario.
- AFC Gamma Touts Strong Performance In Q1, Steady Dividend Growth.
Stocks To Watch Today:
$NVACF
$NLCP
$AGFY
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Emerald Holding Q1 Results Reveal 'Robust Recovery', Plans More Acquisitions Similar To MJBiz.
$HCANF Halo Cannabis making some impressive moves.
March sales across the US cannabis community increased YoY in Arizona, Florida, Illinois, and Massachusetts and they decreased YoY in March in California, Colorado, Nevada, Oregon, Maryland, and Pennsylvania. Arizona saw the biggest growth in March YoY.
Jazz Pharmaceuticals Completes U.S. Divestiture Of Sunosi To Axsome Therapeutics, What's Next?
Missouri seeing tons of support as activists submit double the amount of signatures needed to put recreational marijuana on the November ballot.
And finally, we're going to give some news as to the legalization side with the German finance minister Christian Lindner. He confirms that the process of legalizing recreational marijuana has begun.
My picks for today:
Emerald Holding(NYSE:EEX)
Halo Collective (OTC:HCANF)
Jazz Pharmaceuticals (NASDAQ:JAZZ)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Good morning, my friends. Welcome to a wonderful morning to feel bad about the stock market. It is going to be a rough day. My thoughts go out to all investors as well as myself. But this is Elliot Lane host of Cannabis Daily, where we talk specifically about cannabis news for Benzinga thanks to Asli and Aaron for making this happen every day on the backend for Benzinga.
But let's dive in. To what is happening in the world of cannabis this morning, first and foremost, Emerald holdings.
Next up we have halo cannabis, HCANF announces preliminary results for the north Hollywood dispensary sales are up 300% in the second month being April, of course, from opening in March 96% of their customers are enrolling in the Boudica loyalty program.
Budega is the. Brand name of the dispensary for halo cannabis. They're also launching a budega delivery soon, which is expected to drive 33% more to top-line revenue. And finally, halo is opening a second dispensary in LA on May 27th in Westwood. So halo cannabis, really making some impressive moves.
Recently, we talked a little bit at the end of last year, how I wanted more aggressive news flow out of them. Maybe they listened because they're doing. They are a majority shareholder for a condo with just IPO on the NASDAQ. They work very closely with them. And of course seeing some massive additions in revenue from their Los Angeles activations per new cannabis ventures, March sales across the U S cannabis community increased year over year in Arizona, Florida, Illinois, Massachusetts.
And they decreased year over year in March, the civically in California, Colorado, Nevada, Oregon, Maryland, and Pennsylvania. Arizona saw the biggest growth in March year over year. Thanks to pre-roll sales jumping, 224. Per cent. So pre-rolls coming to the rescue and making Arizona looking real nice.
Illinois sales remain steady month over month with 163.6 million in April. They did see a big jump from February to March, but about just a very slight jump from March to April per MJ, biz, nearly four dozen Mississippi cities and municipalities have opted out of the state's marijuana program.
The deadline to opt out is made. Missouri seeing tons of support as activists submit double the amount of signatures needed to put recreational marijuana on the November ballot. And finally, we're going to stick to the legalization side at the German finance minister. Christian Lindner confirms that the process of legalizing recreational marijuana.
Has begun. This is per the local, which is German news in English. If I'm looking at winners today, I got to say, halo cannabis takes the cake. Y'all they as well as maybe jazz pharmaceuticals and Emerald holdings, I think could all be on the move this morning, slightly. This is Elliot lane, host of cannabis daily.
Thanks as always for supporting rate and review us, let us know what you think. We'll talk about.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Innovative Industrial Properties Reports Unaudited Q1 2022 Revenue Growth Of 50% To $64.5M YoY.
Jazz Pharma Reports Q1 Epidiolex Sales Increased 6% To $157.9M YoY.
Green Thumb Industries Reports Strong Q1, Ninth Consecutive Quarter Of Positive Cash Flow.
Cannabis Tech Provider Weedmaps Acquires Enlighten, An Ad And Menu Biz.
Needham Maintains Buy on Green Thumb Industries, Lowers Price Target to $26.
Stocks To Watch Today:
- MAPS
- JAZZ
- IIPR
- MRMD
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Good morning, my friends hope you're having a wonderful start to your Thursday. This is Elliot lane, host of cannabis daily with Benzinga, bringing you your daily dose of cannabis insights and market news. We do have quite a bit of interesting items to get to today. Several big companies reporting their first quarter performance, a few product updates as well as an interesting claim From a large Canadian licensed producers CEO.
So let's dive right in GTI green thumb industries, OTC listed GTB. I F reports their first quarter performance of 2022, their sales or flat sequentially dropping less than 1% EBITDA margin falls for the fourth straight quarter per Pablo's Wantage. The company is refraining from offering guidance, but is looking like the second quarter of 2022.
Flat sales growth, positive regional specific developments in New Jersey, obviously Virginia and Minnesota, but overall macro trends, including price deflation may counteract that positive growth. Pablo remains overweight and keeps the price target at 30. Pablo on Weedmaps, which also reported its first quarter earnings.
He remains overweight, but raises the price target to $11 30 cents from $7 65 cents a decent jump. Their sales were 3% higher. Then the high end of the company's guidance props to Chris Beales and team on that one 40% year over year sales growth maintained their calendar year sales guidance of 255 to 265 million.
And they project the second quarter sales of 60 to 63 million over. Weed maps is probably one of the darling stocks of this industry. Right now. If you don't have them on a watch list, you should put them there. There's a lot of great tailwinds for this company. Such as expansion every time this industry expands footprint, retail, more stores.
It is a positive development for a company like weed maps and as their technology grows, so will their product suite. So they have a long runway to grow that 250 plus million year yearly sales now. Epidiolex the CBD based medicine founded by GW pharma, which was acquired by jazz pharmaceuticals.
So the stock is jazz. Their net product sales of Epidiolex were up 6% year over year to 157.9 million. Now commercially available in the UK, Germany, Italy, and Spain, as well as Switzerland, Ireland and Norway. With an anticipated launch in France this year as well. There are launching phase three trial for epilepsy with myoclonic atonic seizures in the first half of 2022.
There is no other leader in. This part of the cannabis space on the biotech side than jazz. It's just really impressive numbers there. I P R this is innovative industrial properties, as we all know, total revenues in the first quarter of 2022 up 50% year over year 9% sequentially. In the quarter I IP made six property acquisitions in Arizona, California, Maryland, Massachusetts, New Jersey and Pennsylvania.
They established a relationship with Verano and expanded relationships with forefront. Ascend pharma can truly leave with news with others on both fronts as. The Tetra bio-pharma OTC listed TB PMF partners with Canva late to launch trials of three potential medicines in Australia can violate also investing seven and a half, seven and a half million Canadian dollars into Tetra.
They'll receive a heavy tax credit in Australia. Tetra is a biopharma company focused on cannabinoids, and here we go. This is a. Interesting claim here, the leading cannabis CEO or a leading cannabis CEO, I should say in Canada, Zack George from sundial, S and D L on the NASDAQ claims hundreds, if not over a thousand stores may close.
He gave no specific reason. So little doom and gloom for you there. No. It just is a quote at the moment, but something to that we need to report on and make sure we have on the record there from Zack Mira, med solidifies, vertical integration in Illinois, that's OTC listed M R M D with closing of the acquisition.
It has of a state craft cannabis license holder. If I am looking at winners today, I think maps map S is probably my leader, jazz J a Z as well as I P. You know what mayor men in there as well, we'll do four for the day. That's it for today though. Thank you so much for tuning in rate and review us tune in today.
Cannabis insider four o'clock Eastern time. If you're listening to this, not on Thursday, May 5th, go back and rewatch it. We have an incredible announcement today on the show with Javier and major company that may or may not have been mentioned in this podcast. Thanks again. Y'all we'll talk.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Cannabis sales in the United States have outstripped this coffee giant’s North American sales by at least a third.
FDA Issues Warning Letters To Companies Illegally Selling CBD And Delta-8 THC Products
New Jersey lawmakers file a bill to restrict marijuana use by police and other workers.
Stocks to watch:
$PLTH
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Good morning, my friends. Welcome to a wonderful Wednesday to talk about cannabis. If you are an active cannabis investor, my heart goes out to you. We are. Brothers and sisters have a common sort that have just been murdered by the market, but if you're sticking through it, I think one day we will rebound here, we will.
Correct. But in the meantime, we're going to chat about what's going on in the market. This is your host Elliot lane of Benzing as cannabis daily. Let's dive in. Back to South Dakota activists say they once again, have more than enough signatures to place marijuana legalization on the November ballot voters previously approved it.
If you remember in 2020 presidential election only to be overturned. On procedural grounds in a court challenge led by their governor. This is per marijuana moment. Hopefully we cannot continue to talk about this and they get this fully legalized shortly air wellness, Ayr WF on the OTC expands their product portfolios in both Massachusetts and Ohio on the same line there, flora growth Corp FLDC on the next.
Their brand and mind naturals launches a new skincare line ahead of luxury meets cannabis conference. So a new products coming from a lot of the major players today. I'm playing at 13 P L N H F on the OTC, expanding their partnership with super popular brand. That's dizzy. That's STI I Z Y yes, they do have three eyes and their name.
There'll be expanding from the original partnership, which was in the orange county. It's been a huge hit to now their Los Vegas Superstore for the steezy shopping shop as, but they call it dizzy is the leading California brand per headset per their press release that came out this morning.
Can trust. If you all don't remember, can trust you probably haven't been in the marijuana industry for more than a year or two. But can trust was a darling of cannabis a licensed producer in Canada and then a scandalous downfall. And they have been recovering really ever since and trying to.
I would say paid debts getting good graces whatever you want to say, but they are rebranding today. Normally don't announce three brands, but this one seems rather important with all the news of can trust in the past two Faena holdings, P H O E N a holdings for a new corporate name and a fresh start.
So congrats to that team. They've worked very well. To get to this moment and hopefully this is the start of a new day for that company. Check out our interview yesterday with the COO of PACS, Steven, John, it was super insightful, and he may have hinted toward an announcement. So check out bidding as YouTube for our interview, with the COO of PACS yesterday.
New York state reminds the hemp industry that THC isomers derived from him that caused psychoactive effects are. Limits Delta eight, Delta 10, any synthetic cannabinoids of THC orient that are psychoactive and derived from hemp are illegal. In my opinion, this is the future. Once these states have all legalized marijuana, in some sense, are those that have, I would imagine they will stick by their decision and not allow unregulated competition in the states all of licensed marijuana sales in the us.
Eclipsed Starbucks per MJ biz. Super interesting article, if you want to check it out. But Starbucks made a little over 20 billion are probably, in the low twenties of the billions and the U S eclipse, I think around 20. For a billion around 25 billion last year. So we beat Starbucks. Y'all at give yourselves a pat on the back.
If you are working in the cannabis space, they also beat legal opioids. They beat salty snacks. They'd beat over the counter painkillers and over the counter sleep aids. Each individually. And they did not eclipse cigarettes and they did not eclipse all over the counter medicines as a whole super interesting comparison there.
New ma or yeah, New Mexico sold $22 million in recreational cannabis in the first month. They were doing so. They launched April 1st. So that is all of April sales. The state of Connecticut innovations invests in company 1906. We covered this yesterday, but just to reiterate how cool this is excuse me, the investment was prompted by the company's position as the number one cannabis pill.
In the U S as well as successful revenue generation last but not least New Jersey lawmakers file a bill to restrict marijuana use by police and other workers. I would imagine we all hope that is stricken down, but of course, Don't use cannabis on the job, all things that probably don't need to be said.
That being said, if I'm looking at winners for the day, I think planet 13 stock wise is what I'm looking at. But really the news is centered around markets regions, and those looking to expand and improve their access to marijuana's marijuana for consumers. Does Elliot lane. Thanks so much for tuning in y'all.
We'll do this again tomorrow.
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Good morning, my friends. Welcome to a wonderful Wednesday to talk about cannabis. If you are an active cannabis investor, my heart goes out to you. We are. Brothers and sisters have a common sort that have just been murdered by the market, but if you're sticking through it, I think one day we will rebound here, we will.
Correct. But in the meantime, we're going to chat about what's going on in the market. This is your host Elliot lane of Benzing as cannabis daily. Let's dive in. Back to South Dakota activists say they once again, have more than enough signatures to place marijuana legalization on the November ballot voters previously approved it.
If you remember in 2020 presidential election only to be overturned. On procedural grounds in a court challenge led by their governor. This is per marijuana moment. Hopefully we cannot continue to talk about this and they get this fully legalized shortly air wellness, Ayr WF on the OTC expands their product portfolios in both Massachusetts and Ohio on the same line there, flora growth Corp FLDC on the next.
Their brand and mind naturals launches a new skincare line ahead of luxury meets cannabis conference. So a new products coming from a lot of the major players today. I'm playing at 13 P L N H F on the OTC, expanding their partnership with super popular brand. That's dizzy. That's STI I Z Y yes, they do have three eyes and their name.
There'll be expanding from the original partnership, which was in the orange county. It's been a huge hit to now their Los Vegas Superstore for the steezy shopping shop as, but they call it dizzy is the leading California brand per headset per their press release that came out this morning.
Can trust. If you all don't remember, can trust you probably haven't been in the marijuana industry for more than a year or two. But can trust was a darling of cannabis a licensed producer in Canada and then a scandalous downfall. And they have been recovering really ever since and trying to.
I would say paid debts getting good graces whatever you want to say, but they are rebranding today. Normally don't announce three brands, but this one seems rather important with all the news of can trust in the past two Faena holdings, P H O E N a holdings for a new corporate name and a fresh start.
So congrats to that team. They've worked very well. To get to this moment and hopefully this is the start of a new day for that company. Check out our interview yesterday with the COO of PACS, Steven, John, it was super insightful, and he may have hinted toward an announcement. So check out bidding as YouTube for our interview, with the COO of PACS yesterday.
New York state reminds the hemp industry that THC isomers derived from him that caused psychoactive effects are. Limits Delta eight, Delta 10, any synthetic cannabinoids of THC orient that are psychoactive and derived from hemp are illegal. In my opinion, this is the future. Once these states have all legalized marijuana, in some sense, are those that have, I would imagine they will stick by their decision and not allow unregulated competition in the states all of licensed marijuana sales in the us.
Eclipsed Starbucks per MJ biz. Super interesting article, if you want to check it out. But Starbucks made a little over 20 billion are probably, in the low twenties of the billions and the U S eclipse, I think around 20. For a billion around 25 billion last year. So we beat Starbucks. Y'all at give yourselves a pat on the back.
If you are working in the cannabis space, they also beat legal opioids. They beat salty snacks. They'd beat over the counter painkillers and over the counter sleep aids. Each individually. And they did not eclipse cigarettes and they did not eclipse all over the counter medicines as a whole super interesting comparison there.
New ma or yeah, New Mexico sold $22 million in recreational cannabis in the first month. They were doing so. They launched April 1st. So that is all of April sales. The state of Connecticut innovations invests in company 1906. We covered this yesterday, but just to reiterate how cool this is excuse me, the investment was prompted by the company's position as the number one cannabis pill.
In the U S as well as successful revenue generation last but not least New Jersey lawmakers file a bill to restrict marijuana use by police and other workers. I would imagine we all hope that is stricken down, but of course, Don't use cannabis on the job, all things that probably don't need to be said.
That being said, if I'm looking at winners for the day, I think planet 13 stock wise is what I'm looking at. But really the news is centered around markets regions, and those looking to expand and improve their access to marijuana's marijuana for consumers. Does Elliot lane. Thanks so much for tuning in y'all.
We'll do this again tomorrow.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Cantor Fitzgerald Maintains Overweight on Green Thumb Industries, Lowers Price Target to $39
Scotts Miracle-Gro Hits Record Q2 U.S. Consumer Sales & Acquires Australia-Based Cyco, Here Is What You Need To Know
Acreage Sells Cannabis Facility In Oregon, Makes Changes To Dispensaries, Here Are The Details
Irwin Naturals Posts Record Revenues and Record Net Profits for FY2021
After Sundial, Cansortium, & YourWay Cannabis Brands, Other Marijuana Operators Also Delay Filing Earnings Reports
Village Farms International to Report First Quarter 2022 Financial Results on Tuesday, May 10, 2022
'NASDAQ Listed urban-gro Expands Its Turnkey Facility Solutions in Cannabis and Beyond' -Article From Alan Brochstein's New Cannabis Ventures
HEXO Launches New At-the-Market Offering, Here Are The Details
Stocks to keep an eye on:
$VFF
$ZYNE
$CNTMF
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
- Cathie Wood Finds Elon Musk's Comment On Psychedelics, Ketamine An 'Interesting Thesis' For This Stock.
- Akanda Completes Acquisition Of Holigen, Strengthening Position In EMEA Region.
- The Green Organic Dutchman Secures Additional $4 Million Increase To Term Portion Of Credit Facility.
- Khiron Reports Revenue Growth Of 59.6% In 2021, Gross Profit Improves 230% YoY.
- urban-gro Closes Acquisition Of Emerald Construction Management.
- The current slump in marijuana stocks is due to a regulatory recession according to Bloomberg.
My stocks to watch :
GABLF
AKAN
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
Good morning, my friends welcome to another episode of cannabis daily from Benzinga. This is Elliot lane, your host, Aaron and Asli on the back end, making this happen, bringing you your daily insights of cannabis market news. Also touch on the legislative and cultural side is that seems to have a huge impact on everything we talk about.
But let's get started. Definitely some interesting things to touch on this morning. $AKAN on the NASDAQ is an international cannabis company that has stormed onto the scene for us investors recently they did IPO a few weeks back. They completed their acquisition of halogen. They bought it from the flower corporation, FLWPF on the OTC.
They add a cultivation, distribution and manufacturing assets in Europe, the middle east and Africa Conda focuses on a seed to the patient business model. So somewhat of a vertical integration station there. But Europe and Africa, we knew middle east is obviously not something we discuss a whole lot when it comes to cannabis.
So that's definitely an interesting update for me there AKA and is going to be a watch Lister for us. I think a lot moving forward, the green, organic Dutchman still to this day, one of the best names out there T G O D F on the OTC adds 4 million to a term portion of a credit facility totaling around 34 million Canadian dollars.
Playing a 13 PLN H F expands their popular trendy brand to California orange county specifically. They are starting with the premium small batch flour strains, planet 13 opened a, another entertainment facility in orange county. After the huge success Las Vegas was, I'm not sure that orange county has had as much success yet or really at all.
But I would imagine what the two CEO's at the helm of planet 13, two of the most innovative guys in the game I would expect that to continue to push forward and make a play for the California. Entourage health ITI RGF on the OTC. It receives an additional $15 million in funding from upsize credit it via an upsides credit facility from LIUNA pension fund that's L I U N a entourage health formerly weed MD run by a really great.
Guy over there, George score SIS. So keep an eye on them. They have played at low and close to the chest over the last year or so after they, their rebrand. But hopefully this is the start of a more aggressive news flow from them. San Diego based Gabby reports, their fourth quarter and fiscal year 2021 performance.
Q4 their revenues were 9.2 million and fiscal year 2021 revenue of 32.4 million. I got to say, when I saw those numbers, I was quite shocked. Those numbers are seven times larger than the previous comparable periods in the. Before, and they were spurned by the closing of man kind the acquisition there, they cut costs by 3 million, which will be realized this year.
And honestly this puts other California brands on notice as far as I'm concerned and probably did already to be fair. But Gabby is definitely making a play for. Comparable numbers to allow the operators. We talk about day in and day out in the largest cannabis market in the world. Bloomberg covers BTIG Camillo lions note calling the current slump of marijuana stocks, a regulatory recession.
Quote from Camillo cannabis with its many federal and state regulatory restrictions still in place has been driven into recession by slow moving policy changes, the stocks still trade at low multiples, do their earnings. And many companies have seen growth rates of 60%. So obviously the companies themselves, there's not much they can do better especially when it comes to the top tier ones minus maybe some of the debt issues that somehow.
But outside of that this is definitely a regulatory and legislative news a flow right now. That's driving a lot of the issues. Kyron life sciences, K H R N F on the OTC reports, their Q4 revenue in fiscal year 2021 performance fiscal year 2021 revenues of 12.8 million, which was up 60% year over year.
Fourth quarter 3.6 million in revenue. They are forecasting four and a half million for the first quarter of 2022, which would definitely provide them a somewhat nicer increase in 2022 from the previous year. If everything continues to flow in that direction last but not least urban grow UGR on the NASDAQ closes their acquisition of Emerald construction management, adding construction on supervisory services, as well as initial design through final build out, serving.
If I'm looking at winners, I'm coming out and Gabby G a B Y is the company. They are honestly those numbers were surprising to me, props to them. I'm also looking at a conduct court, a K a N on the NASDAQ, but that being said, we're going to do this all week. Y'all stay with us. We hope to see you again tomorrow morning.
As always every single day, calling out your cannabis stocks. Hey investors. Thanks so much for tuning in to Benzing. As cannabis daily stock picks and news podcast everyday pre-market. Once again, this is not financial advice. Please do your own research. We hope we bring you the best and most efficient news for your investing.
Continue to find us on benzinga.com/cannabis, spending a.com/podcasts or on YouTube on Benzinga.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
TLRY Analyst Rating!
My Stocks To Watch Today:
$TLRY
$GLASF
$IIPR
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Insider at 4 pm ET every Tuesday &Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
This is Elliot lane, host of cannabis daily for Benzinga pumped to have you. Let us know what you think, right? Review us love to hear your feedback and what you all want to hear about first and foremost, Pablo's want it from Cantor Fitzgerald releases.
A note until res analyst day NASDAQ listed T L R Y. They, he remains neutral with a $6 15 cent 12 month price target in the media. There was provided visibility on the path to $4 billion in revenue by fiscal year 2024. Current run rate is $620 million. Organic growth by fiscal year 2024 would bring Tilray to $880 million in growth.
Pablo says they will partly be dependent upon M and a, I would imagine. This would need to be more than just partly dependent to get to 4 billion with those numbers. But that being said and they will definitely be in the future. I would imagine for Tilray maybe we see them acquire Hexo or madman upon us legalization or some of the other ones that they've put money into.
And the argument was made that unlike most licensed producers in Canada, Tilray. Dependent upon us legalization. So quite a day, I would say, I wouldn't say anything shocking came out of this note, but if you want to see more head over to Cantor Fitzgerald site and they perhaps have that note there, the New Hampshire state Senate says no to two house passed bills or to house pass bills that would have legalized marijuana and allowed limited home grow super unfortunate for the residents of New Hampshire.
I'm curious. See you RLF on the OTC announced a successful licensing of the company's range of products, or as they described them cannabis based medicines in Malta, this will be under the name, add VIN that's ADE V E N a very biotech V asked me the manufacturing goals here will be to meet the growing demand across Europe for medical cannabis products.
So obviously Malta going to be a hub. For cure leaf and they N they announced some success in moving toward that. I P R nine C listed innovative industrial properties and pharma can, one of, if not the largest private cannabis company out there expand their partnership. IPR commits 45 million. Full scale development of a 90,098,000 square foot indoor cultivation facility in New York.
Some of the money will also go toward enhancements to other facilities and properties. I IP and pharma can, are partnering together across seven states. Now comprising of around 688,000 square feet of cultivation of retail. And warm in Florida. Some of them tier one, Ms. Sows are moving. Verano opens their 45th brick and mortar, but not to be out done.
Air wellness opens their 46th brick and mortar. All both of those looking to keep up with truly, of course possible P O S a F on the OTC reports, their full year performance for 2021. They met the high end of their guidance with over 21 million. They may have doubled yearly revenue every year since 2017, an impressive statistic for sure.
Overall their fiscal year 2021 performance was up 172% year. Over year. Last year they entered three new states for a total. 18 just a few more here. States such as Colorado and Washington are researching the effects of high potency THC products on mental health per NBC. They're considering potential caps of potency levels and product warnings based upon results.
The Kentucky governor Andy. Looking at a decision this summer of whether he has the authority to single handedly, legalize medical marijuana. They're also creating a new cannabis research center, the creation of the center, however, should not be used as an excuse to slow momentum toward legalization per the governor himself last but not least Glasshouse group GLA S F on the OTC completes an acquisition of plus.
Products plus as an edibles play in, based in California, 25 and a half million through a combination of unsecured, convertible debt and equity, plus performance-based considerations. This really raises the overall platform of brands and amount of products in the glass house portfolio. Fantastic outcome position by that team.
If I'm looking at windows, you've got to think glasses. I think Tilray overall had a positive analyst day for the future, obviously no performance really within that note. But Tilray is probably on my watch list today just for volatility sake. And I gotta think I, I PR with a fantastic expansion of their partnership with pharma can, this is Elliot lane cannabis daily, a full week of cannabis daily here for you, my friend.
Thanks so much for tuning in looking forward to doing this again on Monday. Peace out. Y'all have a fantastic.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
SNDL Reports Earnings
FLGC steps toward reducing their costs.
MMNFF introduces new CEO.
My Winners today:
HCANF
MMNFF
SNDL
FLGC
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
Good morning. SNDL our good friends at sundial growers. They reported their full year of 2021 and their fourth quarter performance yesterday for the fourth. They brought in $22.7 million in net revenue, which was up 63% sequentially from the third quarter of 2021.
So very nice progress in recent memory. However, looking back their fiscal year of 2021. Their net revenues were down by 8% from 2020 to 56.1 million. Although it looks like recent trends are pointing in a different direction than fiscal year numbers would imply the gross loss also improved to 7 million on the year for 2021, as opposed to justice.
50 million in 2020. So that's definitely a positive and Al Cana. They just finished that acquisition. It should give them a nice boost in 2022. And I think overall, you'll see these numbers continue to grow for Sunday. Flora growth Corp FLG C releases an interesting bit of news today. They take a step toward reducing cost of goods.
As the company will now cultivate extract and implement its own cannabinoid derivatives into the company's own products. AKA, they are going to control their supply chain globally, become more efficient and become more independent. AKA, they are not going to rely on their competitors for a successful sales in the cannabis space.
So I think this is a great bit of news for them. And we'll continue to expand their reach internationally halo cannabis, H C a N F on the OTC continues its international strategies. They sign an LOI to acquire Fido, Cannes holdings, a wellness CBD company in Europe. The acquisition will happen through a wholly owned subsidiary in Ontario, which has yet to be formed.
That being said, halo cannabis is. Is a solid California play. They have some pretty great locations for their bodega dispensary chain. They all saw the majority shareholder for a condo, a K a N on the NASDAQ. So they are. Interesting company. And one that I would probably look at as a watch, or for sure, at least recreational marijuana tax revenue for legal states exceeded $3.7 billion in 2022 via cannabis now.
Wow. I think some of these other states need to get on board. New Jersey saw nearly $2 million in marijuana sales on its first day, which was last week. April 21st per data from the state cannabis regulatory commission. Comparison here in recent memory would be New Mexico, which launched, I believe on April 1st which sold $1.9 million on his first day.
That just under 2 million mark seems to be a popular number recently for a first day launch for these states to date, this is a. Not so positive a note ear, but today less than 420 patients have been certified for the medical cannabis program in South Dakota registration began at the end of last year.
Patients are somewhat slow to enroll. However, there are only 90 South Dakota doctors that have been approved to validate the use of medical marijuana to their patients. These 90 doctors account for 4% of the state's position. So obviously still some obstacles to overcome for South Dakota residents in order to get a fully functioning marijuana program, whether it's medical and or recreational in the future.
Legal, British Columbia cannabis sales jumped 25% in February to 46.3 million Canadian dollars. In Canada wide saw a 28 and a half percent increase to 336.4 million year over year. For February. Virginia Senate state Senate kills the Republican governors bill to re criminalize possession of more than two ounces of marijuana.
Not at all. Sure. What that man was thinking with that. But luckily that bill is dead for what looks like the remainder of the year men in F on the OTC. One of the OGs in the cannabis space announces a new CEO. Yes, that's right. You heard me another one and word record, interim CEO, Michael . We'll continue to serve as chairman Edward record served as the CFO of Hudson's bay company.
I think of Saks fifth avenue as a part of that, he also served as CFO of JC penny. So he has some pretty massive retail experience, which med men is very focused in. So this should be a very interesting hire and I'm sure he has some ideas. In terms of the footprint that med men is building and was building spring big partners with timber, a digital e-commerce platform, giving customers the ability to opt into spring, big powered loyalty rewards, and SMS marketing programs, a spring big as a marketing and loyalty partner and program for many operators in this space, one of the first.
So they have a pretty massive partnership portfolio there. They will be. By the end of the year, which is why we continue to talk about their news mermaid. MRMD on the OTC completes acquisition of kind therapeutics, a vertically integrated operator in Maryland and last but not least in med, I N M expands their patent portfolio with more novel cannabinoid analogs.
But I'm looking at winters today. You know what I'm going to take a look at bed MMN, FF. I think Edward record could be a very interestingly successful hire with their past focus and where they want to go. I'm looking at halo cannabis, HCA in F and I think keep an eye on for growth and sundial, both.
I think positive reports today. I'm not sure you're going to see much movement though. That being said Elliot land with cannabis daily. Thanks so much for tuning in as always. We'll do this one more time.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
US attorney general Merrick Garland reiterated during a Senate hearing that prosecuting marijuana possession is not inefficient use of the resources, given the opioid and meth amphetamine epidemic.
60% of CBD sleep products have mislabeled ingredient levels.
VRNOF on the OTC, a tier one multi-state cannabis, cultivator, and seller in the United States reports their full year 2021.
CGC on the NASDAQ announced yesterday that they are going to undergo a series of initiatives to reduce costs and accelerate profitability.
My Winners For The Day:
VRNOF
HITI
TCNNF
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
Welcome to a fabulous Wednesday. Talking about cannabis. First and foremost, let's start off federally the US attorney general Merrick Garland reiterated during a Senate hearing that prosecuting marijuana possession is not inefficient use of the resources, given the opioid and meth amphetamine epidemic. We all know that this administration has moved relatively slowly.
Is probably a very nice way to put it when it comes to anything marijuana related or cannabis related. But that being said, I do think their motives are there. They're just not prioritizing it. So feel how you'd like to feel about it. You are justified. But that being said I do think we are just, I don't even know if we can say we're inching where we're cenimetering to door, to federal federal approval there with this administration.
We'll see if there's still an office when anything happens. Leaf report. Reveals 60%, 60% y'all of CBD sleep products have mislabeled ingredient levels. You can check out benzinga.com/cannabis to see what is actually in your CBD sleep products. Color me shocked. I am not surprised. With this report CBD products are unregulated and unless companies are showing you the test results, I would be very cautious about what you're putting in your body.
High tide hit I on the NASDAQ closes an acquisition of crossroads cannabis for just under $2 million Canadian smaller acquisition. Just given the landscape of M and a right now. They get three operating cannabis stores. But to me calling this out as this seems like a very good deal as the annualized revenue run rate is I think 6 million Canadian.
So overall I think I tagged getting a steal here. Verano V R N O F on the OTC, a tier one multi-state cannabis, cultivator, and seller in the United States reports their full year 2021. Fourth quarter performance in 2021, their revenue was 30 738 million a record for the company up 223% year over year.
Their adjusted 2021 EBITDA margin was 44%. I think, somewhere over 300. EBITDA was in line with guidance. Revenue was up 2% sequentially for the quarter to 211 million to finish the year. They were profitable majorly for the quarter with 115 million, which was. 50% of their revenue for the quarter.
Veronica is currently in 13 states with 96 stores and their cultivation footprint exceeds 1 million square feet. They are a massive producer of cannabis and they will be around for a long time just to say that we don't normally talk about private companies on cannabis daily, but I do want to call out sky mint, a local Michigan Operator completes their acquisition of three 15 cannabis. They did buy this operator from the majority owner Meredith capital holdings, which is one of the more well-known investors in the space. That's been here a long time, probably one of the OGs. Currently with this acquisition that brings Schyman to 29 stores total with an additional 15 in the pipeline.
So SkyMall, definitely one of the larger single state operators that I can think of. They did utilize the funds from sun stream, which is of course the investment vehicle funded by sundial S in the L a. So there is a little bit of public news in there. Kansas their medical marijuana bill could pass this week per marijuana moment.
Both chambers will have representatives working on the bill this week. So we will keep you updated on any movement for Kansas, Texas advocates say they have enough signatures to put decriminalization on another local ballot and Montana lowers minimum age to work at weed shops, two 18 from 21 from the age of 20.
We'd shops. A dispensary is brick and mortars. There's so many names canopy growth, CGC on the NASDAQ. If cannabis, these guys, they announced yesterday that they are going to undergo a series of initiatives to reduce costs and accelerate. It's a profitability. They're going to reduce cost of goods sold.
They're going to implement contract manufacturing for certain products, reduce third party fees, including office fees and administrative fees. And the savings will be between 100 and 150 million. Within 12 to 18 months. I do think this is a very smart move for a company like canopy as the market goes, canopy follows which has not been a good direction recently.
And I think they want to avoid the path that has been taken by other Canadian licensed producers who shall remain nameless for the time being. But overall I am a fan of CGC in the longterm but they have obviously had some rough goings in the short. And this is a positive move. A top New York state official says legal weed should hit the shelves by the fall.
That obviously affects quite a few companies such as Cresco and Columbia care such as Terrascend and such as now our riff capital with their acquisition of . There's several that will be affected very positively by that. And hopefully it rolls out as smoothly as New Jersey. The last week can Touraj introduces miracle valleys, Canadian medical high THC cannabis, flour to German pharmacies.
So another Canadian international piece of news there, they are expanding quickly to international markets, especially to Europe last but not least got a call out our girl, Kim rivers with truly TC in F on the OTC expands further in West Virginia with an acquisition of greenhouse wellness, gaining its.
Cannabis dispensary permit in the state. If I'm looking at winners today, y'all Verano had a fantastic report. V R N O F I think high tide. They probably won't move much on it, but I think that was a great acquisition deal for them. And overall, truly, I think they are looking to conquer that state and make sure they have a foothold there.
Like they do in a state like Florida. All right. That's it for today. Let's do this again. Two more times. This week, have a fantastic day, have a fantastic day. Do what you need to make it a great day. We'll see you tomorrow.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Biden's First Step For Pardoning Non-Violent Drug Crimes
A huge step for Biden to meet his campaign promises of reversing a lot of non-violent drug crimes.
ndvaf
ffNTF
As we head into weddings season: Pro Tip: Don't Serve Your Wedding Guests Cannabis Laced Food.
Do companies now have to hire potheads since it's legal in New Jersey and becoming legal in New York in the article it basically says it's illegal to test for cannabis in New York and New Jersey which is true. It also claims in the article, it was hard enough to find fresh air in New York city.
But now thanks to legislate. It's you it's impossible, even in central park because of the cannabis stench. And I just want to give a quick personal note. As I live in New York, it was there before
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
We have an absolute whirlwind of news stories for you today. Let's get started with what I think is the funniest and weirdest one yet a Florida bride and her caterer were arrested after lacing their wedding feast with weed, causing several to get sick. Several guests started feeling odd after.
Some reporting, tingly feelings and wild thoughts while others felt certain their hearts were going to stop. I'm going to go ahead and assume this was not legal, nor good weed. And I'm going to go ahead and say only in Florida, also, this bride is not a great person. Wow. So that's how we're starting off today for those folks.
On better news here, look at this political good news. We have president Biden grants, three points. And 75 commutations for individuals serving for non-violent drug trials, drug crimes, the administration will continue to review clemency petitions. This is a. Great step, a huge step for Biden to meet his campaign promises of reversing a lot of non-violent drug crimes that decriminalizing marijuana among other crimes as well, or drugs as well in diva in D V a F reports, their fourth quarter and 2021 performances.
Per high fire data in diva still dominating the Canadian market share for edibles. They also ranked 10th out of 134 LPs by consolidated market share across all categories in diva ranked fourth on unit shipped basis, indicating their importance as a supplier to wholesalers and retail. There are now in all 13 provinces and territories in Canada they've signed a multitude of distribution agreements.
They also signed an agreement, I believe within the last few days with dime getting into the vape side of things. Their record gross revenue in Q4 was 10.4 million Canadian dollars, which was up 25% sequentially and up 35% year over year, their record net revenue. And was there was up to, obviously it was a record.
They had about 9.4, 5 million there, but get this 8.2, 3 million Canadian dollars of that 900. Was driven by edibles. They are massive player in that market. Financial year, 2021, their net revenue was 32 and a half million, which was up 121.6% year over year from 2020 workers have two dispensaries, one each of Columbia care and acreage vote to union.
Forefront F N T F acquires, a California pre-roll and flower company island global holdings. Their management team will join the forefront team. They are really doing this for the high quality products and brands that will be joining the forefront product portfolio, Illinois state sales rebounded, big time in March totalling around 131 million halting a two month cycle.
One-third of sales. One third of sales went to out of state residents over $40 million worth of the sales. This is the second highest monthly sales number since the state launched its marijuana recreational program. And just as a reference point in 2021, Illinois, we saw $1.4 billion in marijuana sales, recreational sales, specifically almost $500 million of that went to out of.
Consumers. That is absolutely insane. A quick banking note, Westtown bank and trust in Raleigh, North Carolina will now offer services to cannabis companies across the country. Super interesting to me, this isn't North Carolina, obviously not illegal state but the more banks in it, the better. So if you're looking for banking in the cannabis, Look at Westtown bank and trust in Raleigh, the medical cannabis program rules for the state of Texas are now open for public comment.
That's great news. And per MJ, biz, New Jersey recreational launch last Thursday was very smooth. The worries were including bottleneck issues and supply worries. But overall it was a very smooth. Launch, which is fantastic news. And that was one dispensary down as cure leaf did not, or had to delay their opening, a fire and flower FFL WF on the OTC, their revenues decreased sequentially by about 6%, whether yearly.
For 2021 was up 37% from 2020 to around 175 million. Cool thing about fire and flower is they are the company that owns high fire. The data that all these other LPs are using to report their market shares and the data around their products and businesses. So fire and flower is still a major player in both a dispensary's and.
And last but not least New York post puts out an article asking do companies now have to hire potheads since it's legal in New Jersey and becoming legal in New York in the article it basically says it's illegal to test for cannabis in New York and New Jersey which is true. It also claims in the article, it was hard enough to find fresh air in New York city.
But now thanks to legislate. It's you it's impossible, even in central park because of the cannabis stench. And I just want to give a quick personal note. As I live in New York, it was there before. I'm just FYI. That being said, this is Elliot lane with cannabis daily. Thanks so much for tuning in. If I'm picking winners today, I'm looking at forefront.
FFN T F and in diva in V D a F on the OTC, both of them I think great news for each company today. Thanks again. Y'all really appreciate y'all tuning in. We will do this the rest of the week until then have a great one.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Cantor Fitzgerald - overweight on Curaleaf with a long term hold
New Jersey, mayors and state lawmakers are pushing back against an attorney general memo stating police officers can use marijuana hile off duty, these particular people are quoting a federal bill that bans guns from cannabis consumers.
However, there is a little known exception in the bill for government employees. So we'll see how that plays out, but obviously some peopledo not want police officers and state employees to also be consumers. So that's going to be an interesting stigma for us to watch hopefully break over the next year.
My Winners Today:
$CURLF
$CBWTF
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
New Jersey launched their recreational cannabis program marijuana program on. It seems to have gone very well.
Looking at posts from the likes of GTI before they opened, they had a line of 60 plus outside their door, looking at the posts from Tara sent and Jason Wilde and Rosie Matio. Their companies had S incredibly successful for 24 21 and the weekend after, because of New Jersey coming on the heels of the big cannabis holiday 4/20, that being said 4/20. We're still waiting on a lot of data to come out. But the analysis expected prior to four 20 was $160 million of cannabis sales on that day, specifically on. Product price reduction was around 65% across the board in the U S on last Thursday, I would do have a few stats though.
High tide hit on the NASDAQ reports. 1.37 million Canadian dollars in sales on four 20 Michigan. I think 2.3 tons of cannabis was sold 2.3 tons y'all that was 15 and a half million dollars in sales in the state that is up $5 million from last year and get this from two years ago, up $12 million incredible day, obviously for the state of Michigan.
I think we'll see that across the board, especially in states like Michigan, Illinois. I think you'll see the residuals of that in New Jersey, but it sounds like we are going to see some pretty exciting data over the course of the next week from four 20. We'll keep you updated there. Let's get to some other news though.
Pablo's watch of Cantor. Fitzgerald maintains an overweight rating on cure leaf OTC, listed C U R L F and ups their price target from 15 and a half to 16 and a half dollars. He believes cure leaf should be a long-term hold. That has nothing to. Kierra leaf is the best position. This is actually a interesting news to me that the best position for wholesale in the Northeast New Jersey, of course just legalized New York, Connecticut, Delaware, about to go as well.
And cure leaf. That's super interesting me is the best positioned for that. The best wholesaler in the U S right now is Cresco labs. So the fact that cure leaf can overtake that in some big cannabis markets to do. Yeah, that's going to be some news and competition to watch overall, just as a reminder, guidance for 2022 for cure leaf is between 1.4 and 1.5 billion with around a 28% EBITDA margin.
Chuck Schumer. I'm not a fan favorite in the cannabis market is reaffirming his intent to release his federal marijuana legalization bill before the August congressional recess. Obviously we were hoping to have something like. We were hoping to have something this month as that was the initial promise, but of course there was quite a bit of political movement that just made that not possible.
I don't think it's all Schumer's fault to be fair. But that being said this is not the first politician to promise certain timing to us. New Jersey, mayors and state lawmakers are pushing back against an attorney general memo stating police officers can use Marilyn. While off duty, these particular people are quoting a federal bill that bans guns from cannabis consumers.
However, there is a little known exception in the bill for government employees. So we'll see how that plays out, but obviously some people not wanting police officers and state employees to also be consumers. So that's going to be an interesting stigma for us to watch hopefully break over the next year.
Hopefully not more than. Headsets one of our favorite data players in the space offers their first quarter of 2022 highlights. The established states such as California grew sales three and a half percent year over year. Other states in their performance were not so hot, like Washington down 11% year over year, Colorado down 13%, Oregon down 15% Nevada down, 16% while newer recreational and medical.
Also grew in year over year. So Michigan get this up 28% Illinois up 20% Arizona up 16% and Massachusetts, which is newer than California in Colorado, but older than Michigan, Illinois, and Arizona up 22%. The sharp growth for Massachusetts they think is because of or this is actually a note from Pablo's watch as well.
Is it because of an increase in store count? An interesting note there, Canada. Through another note from Pablo's wanted to high fire data reports, a 5% drop in cannabis sales sequentially in the first quarter of 2020. And this is after two quarters of consecutive sequential growth market shares till Ray's leading the gang with 9.8%.
Heck. So at 9.6 organic gram at 8.2 canopy at seven Oxley at 6.9. Hello, village farms at 6.6 Kronos at 4.7 plus four more. Three of which are private and then Aurora cannabis in 10th at 2.3%. Yikes company news Delta nine, D L T N F a on the OTC received $5 million via a loan from a current shareholder and high tide hit eye on the NASDAQ.
Of course one of the major footprints in Canada, they do have a CBD operations in Europe and the U S. Ancillary products in the U S now at 478,000 Canada cabana loyalty program members specifically in Canada. Last but not least to wrap this puppy up, this has been a long one, but we had some catch-up to do y'all.
Eric Adams is pushing for greenhouses on public rooftops, despite some pretty heavy federal opposition from a current rule and law that states otherwise. This is Elliot lane. I hope this is helpful for you. If I'm calling out winners right now, got to look at Cura leaf. That's a pretty exciting note from Pablo and you got to look at Oxy.
Coming in at like fifth 1, 2, 3, 4, 5, yeah. Fifth on Canada's market share. That's pretty impressive. They're listening to on the OTC as well. And Delta nine and high tide, I think both positive news as well, but I think Cura leaf and Oxley for me are my winners of the day Elliot lane with cannabis daily.
We're back to normal. Y'all we'll see you again tomorrow. Have a fabulous Monday. Get it started.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
The Biggest Cannabis Event of the Year Is Upon Us- Check Out How You Can Attend Here!
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Leafly LFLY is their ticker celebrating four 20 by highlighting cannabis as a force for good. Everybody releases press releases in the weeks leading up to four 20. I normally don't cover them, but I think what Leafly is doing. Is super cool. They're launching an augmented reality neuro series in four different cities that will feature QR codes that lead back to certain local brands.
I IPR innovative industrial properties acquires a new Maryland property and interest into long-term.
Lease with MCP district cannabis. IPR is a big REIT. That's a real estate investment trust in the cannabis space. They now own 108 properties of 8.1 million square feet in a total of 19. States.
planet 13, P L N H F on the OTC announced the expansion of its Nevada cultivation facility by an additional 22,000 square feet.
Wingstop getting in on celebrating the cannabis holiday especially for those specializing in munchies, they will launch a new four 20 inspired flavor.Blazed in glazed.
My Winners Today:
$LFLY
$IIPR
$PLNHF
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
But Benzinga cannabis capital conference is back. Join the biggest gathering of cannabis investors and entrepreneurs for this exclusive two day event, April 20th and 21st at the Fontainebleau Miami beach. This year, we're pulling out all the stops. With a revamped lineup of C-suite speakers from across the space, private one-on-one meeting booths and an exclusive VIP lounge.
Go to BC cannabis.com to get your tickets today. Again, that's B Z cannabis.com. Can't wait to see you. Good morning, my friends, this is Elliot lane, host of cannabis daily for Benzinga. We are bringing you your sadly, the last show of the week because markets are closed tomorrow. This is your daily dose of cannabis insights and news.
Next week will be a little weird to Benzing as hosting our cannabis event in Miami on four 20 and 4 21 tune into Benzing as YouTube to check out many of the thought leaders in the space that you listen for every single day. During the psychedelics as well. That is on April 19th on Tuesday. Check out Benzing as YouTube for the newest and coolest companies in that industry.
But let's dive in to what's happening this morning. Leafly L F L Y is their ticker celebrating four 20 by highlighting cannabis as a force for good. Everybody releases press releases in the weeks leading up to four 20. I normally don't cover them, but I think what Leafly is doing. Is super cool. They're launching an augmented reality neuro series in four different cities that will feature QR codes that lead back to certain local brands.
Now that's cool, but the cooler part of this is they are also launching in FTS of each mural available for purchase with all proceeds going toward organizations, fighting for social justice and equity. First of all, they're a tech driven company. So the AR mural series makes complete sense. And it's awesome.
I love that. But the fact that they're also getting NFTs involved here and sending the proceeds toward getting people out of prison for non-violent marijuana related crimes. I think Leafly is doing. This four 20 celebration to me is the best I've seen in a long time. I IPR innovative industrial properties acquires a new Maryland property and interest into long-term.
Lease with MCP district cannabis. IPR is a big REIT. That's a real estate investment trust in the cannabis space. They now own 108 properties of 8.1 million square feet in a total of 19. States. So I P are continuing to grow their massive bread basket of cannabis related properties, planet 13, P L N H F on the OTC announced the expansion of its Nevada cultivation facility by an additional 22,000 square feet.
The purpose here is to fuel in-house product growth, planet 13, looking to become even more of that. Then it's major entertainment facility asset in Las Vegas already makes them another fun four 20 news Wingstop getting in on celebrating the cannabis holiday especially for those specializing in munchies, they will launch a new four 20 inspired flavor.
Blazed in glazed. And I think that's what we're calling this episode. Four fathers brewing company partners with Lucha brands, LA, who is a California based cannabis company. They will, the forefathers is releasing a new terpene, infused beer, entitled your dope. Thank you very much. It will include two strains lemon cush, mints, and purple weddings.
The Spanish police in Spain take down Europe's largest cannabis farm in Spain CBD sale and consumption is legal, but cultivating cannabis for anything other than textiles and industrial use is BombBomb illegal. The farm itself was 11 fields of 166 acres with 415,000 hemp plants worth around 108 million euros.
If you cried a little bit, when those plants were destroyed, I think the whole world did to Nevada is expecting licensing for consumption lounges for existing dispensaries. To be underway by the end of spring, they'll also have individual licensing for consumption lounges underway by the end of summer there is no place to smoke publicly and legally in Las Vegas.
Right now, the lead, you can buy the weed, you can buy legally that being said they are looking to fix that. Hopefully it sounds like by the end of the year, fire and flower FFL WF on the OTC announces distribution agreement with Manitoba liquor and. Significantly expanding their presence for com for the company in Manitoba, Delta nine, DLT and F also applies to Manitoba to distribute their products last but not least spring big, soon to be.
Hopefully, of course announces their new integration with one of Canada's largest POS systems. Green line is used by over 700 dispensary's in Canada. My winners today. Y'all you got to look at Leafly L F L Y I P R continues to be strong. And what it's doing and planet 13 is always a good one to watch.
So keep an eye on those stocks today. Keep an eye on benzinga.com/cannabis for all your news throughout the day. Until next week, my friends remember to tune into YouTube Tuesday, Wednesday, and Thursday, for some of the best content you will see in psychedelics in case. Until next time. Hey investors, thanks so much for tuning in to Benzing.
As cannabis daily stock picks and news podcast everyday pre-market. Once again, this is not financial advice. Please do your own research. We hope we bring you the best and most efficient news for your investing. Continue to find us on benzinga.com/cannabis, spending a.com/podcasts or on YouTube on Benzinga.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
The Biggest Cannabis Event of the Year Is Upon Us- Check Out How You Can Attend Here!
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Cannabis And Pancreatic Cancer: Botanical Drug Kills 100% Of Cancer Cells, Research On The Cell Model Reveals
AGFY
TCNNF
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
Good morning investors. Welcome to another episode of cannabis daily. Thrilled to have you guys with us. This is your host Elliot lane. Thanks to Aaron and Asli on the back end, who make this happen. And Benzinga for the platform. Let us know what you think, rate and review us. This is your daily dose of cannabis, news, and insights.
Let's start with, they're expanding their cultivation technology to Europe with 190 vertical farming units. They're not the first hydroponics and incinerary cultivation. To do this urban grow has been international for a bit. But agro five fantastic company they're aggressive.
If anything else, Africana, a Latin American cannabis producer, partnering with a pharmacy company to sell its cannabinoid products in Brazil. Nice expansion there, cannabis tech and Israeli biotech in the cannabis space announces a cell model trial. This is an adapted cannabinoid composition extract, which showed five times higher efficacy than original extract, which caught while causing 100% more talented.
For pancreatic cancer cells, they didn't know damage to healthy cells or none that was observed. The study expects to be complete within the next 12 months in mid 2020. Colorado cannabis sales dropped for the third straight month. Cannabis sales in February. We were down 3% from January, also down 13% from February of 2021.
Total sales in February were 145 million total on the year. So far 296 million. And I think they have 12 and a half billion in total. Since 2014 legalization truly TC in and F is opening a dispensary in Fort Myers, Florida. So they are, I believe the largest cannabis footprint that I can think of and they're adding to it.
Their Cresco labs is expanding their flora, Cal farms brand into Illinois. Next up those in Texas, looking for weed are now crossing the border into New Mexico. Not surprised there as similar things are happening across the country, such as north Carolinians or seven of 10. Voters are driving or they do support medical marijuana, I should say is the stat there.
But they're driving into Virginia for their medical cannabis, Michigan reports, cannabis sales grew 5% in March. Michigan cannabis sales grew 82% in 2021 to 1.8 billion interrupt, 28% thus far in 2022, but of the opposite end of the spectrum, as opposed to Colorado. That is it for the day kids.
I hope this was helpful, as I said, not a whole lot of news to discuss today. But this is Elliot in cannabis, daily tune in every day benzinga.com/cannabis for updates throughout the day from Javier Haas and his awesome team of writers. We look forward to seeing you all in Miami until tomorrow.
Y'all we'll do this one more time this week.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
OGI reports, how they performed in the second quarter of their financial year, they had $43.9 million in revenue, which was up 128% year over year. They reached 8.2% market share in February.
Numinous wellness is acquiring Nova mind. The combined assets will be 13 wellness clinics. Their tickers are in U M I F.
Tilray doubles down with agreement with Hexo and signs agreement to purchase the remainder of convertible note for Hexo.
So this morning, my winners as said organic gram, OGI pretty fantastic report. I N L B that's item nine labs improving their franchising footprint and continue to watch till ran.
Cura leaf C U R L F
Elliot's Winners for the day:
INLB
OGI
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Elliot's Winners for the day:
Tune Into our podcast episode to learn the 5 Cannabis Stocks Wall Street Predicts Will Skyrocket
The Biggest Cannabis Event of The Year Is Upon Us
My Winners for the day
AGFY
HBORF
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
To start the week, ladies and gentlemen, this is going to be a short week as good Friday does close the markets on Friday. So no need to talk about the public cannabis markets then. And next week Benzinga has cannabis capital conference, April 20th and 21st Benzing as psychedelic capital conference, April 19th will affect the schedule of this show, but we will have shows for you next week.
So tune in, they'll just be a little bit of a different format. We're excited to finish April off with some unique content. What you all came for? Maryland's governor says he will not stand in the way of marijuana legalization. If voters approve it on the ballot, this November, the reform legislation would take effect without his signature.
So he's not standing in the way, but not. Off pro-marijuana moment Harbor side and pylorus equity group Harbor site is H B O R F on the OTC Polaris equity group is private, but one of the leading lenders in the cannabis space, they complete a $77.3 million debt financing, an interest rate of 10.2, 5%, not the highest and not the lowest percentage rate I've heard.
So overall I think decently fair and. The funding contained three separate loans and the final traunch was made available upon final closing of the three way merger that will transform Harbor side into the company. State houses is when with urban leaf and loud pack really expanding the footprint for Harbor side and pylorus equity group making that happen through a re real estate.
HGF why on the NASDAQ announces their first total turnkey agreement with New Jersey based company, loud pack wellness, which is a cultivation and manufacturer operator aloud is one of eight Ortiz of both class one and class two manufacturer licenses. In the state through this total turnkey solution as we've been talking to Raymond Chang a few times about this, as he developed it in 2021 in early 20, 22, they will install 500 vertical farm units.
They will use their fully integrated software platform. Aggregate insights. This will also include architectural and engineering services, operations consulting, and brand licensing. So AgriFood by really getting in there and becoming a full partner to the companies that utilize AgriFood services, green thumb industries, opening its 77th retail location.
This is another rise dispensary on April 14th, GTB I F on the OTC. They are a tier one MSO have been forever. Hey, my soul being a multi-state operator. 77 locations is not as many as that, a Verano or curely for truly. So it's interesting to see how their revenue compares. And it seems that their retail locations have high value in comparison to a lot of the industry, something to continue to watch them as they open new dispensary's and get that, maybe six to 12 month run rate to get these revenues streams.
Per stock news.com five cannabis stocks wall street predicts will skyrocket. These stocks are NASDAQ listed, G N L N. This is green lane and insulary house of brands provider. They are pretty massive when it comes to that Verano, V R N O F another multi-state operator, Cara therapeutics, C a R a Corbus pharmacy RBP, both biopharmaceutical company.
In or completing their phase two trials and flora growth court, NASDAQ listed FLDC and international player. I think that one to me. Definitely a safe watch list are for sure. Flora growth Corp. One of the most aggressive international companies, both in the CBD and THC markets. And I think they're doing it very well in terms of being the first to export from Columbia, so on and so forth.
So they have a large international scene with a footprint in the U S via. The federal trade commission. FTC is now treating consumer complaints regarding hemp and marijuana businesses. Similar to complaints against businesses in other industries increasing the amount of litigation against cannabis and hemp companies.
They are looking for to septic or unfair advertising practices per Harris, brick and.com. Obviously, this is now. For this industry to grow for these products to be taken seriously, they must have in what they say they have in there. They must do what they say they do. And I would imagine this will increase the amount of companies that.
Reprimanded and find, especially on the hemp side, not having what they say they have in their per see in S news, several Republican senators coming out against marijuana legalization. Senator Rick Scott does not support cannabis legalization saying he has family members that have drug problems. Senator Cruz says cannabis is illegal and harmful to you.
And Senator Lankford, a Republican from Oklahoma says he absolutely does not use cannabis and claims. If you follow the science of cannabis, you will see. It is harmful. So a massive lack of education for all three of these guys. When it comes to cannabis per MJ, biz cannabis will add nearly $100 billion to the U S economy in 2022 for every $10 consumers spend at retail locations around $18 is injected back into the economy.
Mostly local. Some of this is from taxes, but some is from transportation to these dispensaries and retail locations. Entertainment day-to-day needs from consumers. Finally last but not least that Kentucky governor, I always got to give a shout out to my Kentucky brethren. Andy Beshear may utilize an executive order to make medical cannabis accessible if he can.
Of course, if the bill dies in the states house of representatives. So that would be a first unique and interesting move for the cannabis space. And. An executive order utilized for the cannabis space, but I think it would be met with massive popularity seeing as how marijuana, the state's gambling laws.
They're all pretty in the dark ages there. This is a Kentucky in, I can safely say that. So with that being said, if I'm looking at winners today, I got to look at AGL. On the NASDAQ. I got to look at H B O R F on the OTC would be my two winners and also take a look at stock news dot comes, five cannabis stocks that wall street predicts will sky rocket.
With that being said, thanks so much for tuning in you all. We will see you again tomorrow.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Elliot's Winners for the day:
$CWBHF
$TGOD
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Mike Tyson will be joining our lineup in our Cannabis Event. Use the LANE30 code to get your 30% off of tickets discount today!Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Mike Tyson will be joining our lineup in our Cannabis Event. Use the LANE30 code to get your 30% off of tickets discount today!Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Mike Tyson will be joining our lineup in our Cannabis Event. Use the LANE30 code to get your 30% off of tickets discount today!Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
VRNOF expanding in Ohio.
LIFD reported Q4 2021 Performance.
TCNNF one of the largest cannabis companies in the world launched a limited 420 NFT collection.
SNDL filed for MCTO and was granted.
SHWZ
The House of Representatives
My Watchlist for the day:
LIFD
TCNNF
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Mike Tyson will be joining our lineup in our Cannabis Event. Use the LANE30 code to get your 30% off of tickets discount today!Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Check out https://www.benzinga.com/events/cannabis/ right now use LANE30 for 30% discount on tickets!
HITI acquires 2 brick and mortar in Alberta.
You can now buy cannabis in Napa California as perfect union is the first dispensary to receive recreational cannabis approval.
Canadian stocks fall 1.4%.And anciliary stocks rise 2.7.
Alabama's Senate committee is forcing women to show a negative pregnancy test that want to consume medical marijuana.
H CA N F on the OTC reports as well. 63% revenue growth in Q4 year over year to 8.4 million. Their volume of cannabis sales year over year in that three month period is up 345%.
IIPR, our shares are trading lower. After the company announced a common stock offering of approximately 15.8 million shares at $190.
My watchlist for today
Halo Collective(OTCQB: HCANF)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
Good morning, my friends. Welcome to another Friday. You made it through another week. Give yourselves a pat on the back. This is Elliot lane with cannabis daily. Thanks so much for tuning in,thank you Benzinga for the platform, Aaron and Asli for making this happen. We're thrilled to bring you your cannabis news every day, specifically on the public markets.
Let's dive in, not a whole lot of market moving news today but a few things to mention and, That I can't go a day without mentioning high-tide NASDAQ listed, hit. I acquire us another two brick and mortars in Alberta. So they are closing in, I think on 115 and also their subsidiary blessed CBD is included in the UK F S A's public list of cannabinoid products, permitted for sale, both great news for high tide.
You can now buy cannabis in Napa California as perfect union is the first dispensary to receive recreational cannabis approval. On a similar note, Verano is opening Marco Island's first cannabis dispensary, Christina lake announces the delayed. Filing of annual financial statements and the management cease trade order, new cannabis ventures, our friends, Alan Broxton, and his crew over there released a few stock performance reports from March Canadian stocks fall 1.4%.And in ciliary stocks rise 2.7. Over the last couple of weeks, we've seen a pretty volatile us movement and Canadian stock movement. So I'm actually surprised to see Canadian stocks down unless they were just really down. And then they Rose A. Little bit upon accessed from investors once U S legalization news happened.
If you don't know what I'm talking about, essentially over a week ago, you had. News come out from both the house and the Senate and Canadian stocks rose on that, because that is what is accessible to the common investor in the U S next step Alabama's Senate committee is forcing women to show a negative pregnancy test that want to consume medical marijuana.
Interesting move. I don't necessarily have much comment here. There's not really studies on it. With that being said, Just is for the moment air wellness, Ayr WF on the OTC announcing several new launches in its CPG portfolio, specifically in Massachusetts, Florida, and Arizona nicey listed Dr.
Reddy's R D. Why is their ticker launches medical cannabis products in Germany via acquired subsidiary Medicaid, health halo cannabis, H C a N F on the OTC reports as well. 63% revenue growth in Q4 year over year to 8.4 million. Their volume of cannabis sales year over year in that three month period is up 345%.
So obviously they've had several new dispensary openings. I believe they're called bodega in their brand name. So I think that's going to continue to help their bottom line over the next year. Their fiscal year of 2021, they saw 36 million in revenue up 67% year over year. Something to note for halo cannabis is their minority shareholder of aconduct Corp, which just IPO on the net.
Recently in the international cannabis operator last but not least parallel cannabis law suit is exposing a few other stocks. Parallel is private. They were going to go public via a SPAC, but that fell through and they are currently being sued. I believe by shareholders, but IIPR has invested in them.
And that is affecting ETFs. That IIPR is currently part of and curely also noted parallels no longer binding their Illinois facilities due to lack of financing. Clearly, if can either Sue parallel or shop it around to others. And on the note of IIPR, our shares are trading lower. After the company announced a common stock offering of approximately 15.8 million shares at $190.
Thank you all so much for tuning in. If I'm looking at winners today, I'm going to go ahead and call H C a N F out as a winner. I'm also going to say. That's probably it for stock winners today. Not a whole lot moving analysts are remaining neutral on sundial. I'm bullish on the out acquisition.
As we move into Q2, we will give you a report on Q1 next week and how we feel it went Elliot lane with cannabis daily. Thanks so much for tuning in rate and review us, let us know that.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Mike Tyson will be joining our lineup in our Cannabis Event. Use the LANE30 code to get your 30% off of tickets discount today!Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Companies still reporting earnings.
GNLN Q4 $56 Million up 54% - expect 2022 to be bigger for GNLN
FFNTF $132.7 Million up 35 % - definitely moving in the right direction, will be more aggressive in 2022.
Auxly imressed with earnings report. CBWTF - one to put on you watchlist.
TILT - successfull in shedding debt. Cleaned up a lot and ahead of pricing issues.
SNDL completes Alcanna acquisition.
Needham maintains buy on TCNNF.
MJ NFT collection available in Ethereum.
My Watchlist for today:
$CBWTF
$TILT
$GNLN
Check out https://www.benzinga.com/events/cannabis/ right now use LANE30 for 30% discount on tickets!
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Mike Tyson will be joining our lineup in our Cannabis Event. Use the LANE30 code to get your 30% off of tickets discount today!Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
RIV Capital to buy Etain Health in New York for a $247-million deal.
My Winners Today:
$CURLF
$TCNNF
$CNPOF
My Losers Today:
South Dakota Gov.
Check out https://www.benzinga.com/events/cannabis/ right now use LANE30 for 30% discount on tickets!
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Mike Tyson will be joining our lineup in our Cannabis Event. Use the LANE30 code to get your 30% off of tickets discount today!Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Planet 13 Announces Q4 And Full Year 2021 Financial Results. Revenue of $29.9 million, up 48% compared to the same quarter in 2020.
Cantor Fitzgerald’s analyst Pablo Zuanic expects that Trulieve Cannabis TCNNF will post a quarter-over-quarter drop in proforma sales for the period, with EBITDA margins being down as well, due to the “the macro backdrop and company-specific issues.”
South Dakota Governor Noem Vetoes Marijuana Expungement Bill, Calls It 'Bad Precedent' For Criminal Justice.
My Winners Today:
$SNDL
$TCNNF
$CBWTF
My Losers Today:
South Dakota Gov.
Check out https://www.benzinga.com/events/cannabis/ right now use LANE30 for 30% discount on tickets!
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
Good morning investors. Hope you are having a wonderful Tuesday. Sorry for being a bit late today. The doctor does call. But excited to chat with you. This is Elliot lane, host of cannabis daily for benzene.
Thanks to AZA and Aaron who helped us get this uploaded on the back end and make everything pretty. With that being said, let's dive into some cannabis news. Around town. We'll start with a big old operator announcing their Q4 earnings and fiscal year 2021 results. This is planet 13, OTC listed P L and H F their Q4 revenue was $29.9 million, which was up 48% year over year fiscal year revenue of $119 million up 70% year over year.
This was low. Than expected. Q1 is seasonally lower just in general. And it seems to be so for most major operators as people are definitely cutting back on what they buy and how much they buy in January which seems to be effecting the industry pretty regularly. That being said, Q1 is seasonal.
But driven even lower for planet 13 than expectations due to significantly less tourist traffic in Las Vegas. That being said planet 13, still maintained above a 10% market share of the Las Vegas cannabis market, sundial growers, S and D L on the NASDAQ, a fan and meme favorite expects their acquisition of out Canada to be completed by March.
First fantastic news. They had a rough pre-market today. I think there were down some seven or 8% but that said I would expect them to have a good end of week potentially look at that one as a watch list or for sure Pablo's won releases a couple of new. Today. He is an analyst for Cantor.
Fitzgerald maintains an overweight on truly TC and an F, but does lower their 12 month price target to $60 from 72. He says that he expects this quarter to be a little disappointed, but that has been well communicated. And it does seem to be industry broad industry wide in terms of what we're seeing in Q1 that.
So overall not sure any specific operator is fully to blame their Raymond. James does maintain a buy on Oxley cannabis group, which is a licensed producer in Canada, OTC listed seed, be WTF. They are becoming somewhat of a brand powerhouse. Excited to see them consistently covered there.
Pied Piper Sandler also comes out and says, the more act is unlikely to pass the Senate. Not going to lie. No surprise there slash obviously they're using their own crystal ball as am I as are most in the industry, but anything passing the house is significant in its own. But I would say just given historical performance.
And the research bill that Chuck Schumer and the bipartisan support passed last Thursday. I don't expect much else to pass the Senate right now. I think that was somewhat of a headline grab as well as meant to delay the need for federal legalization. Didn't really full many in the cannabis space though, if I'm going to be honest, but hopefully I'm wrong.
Hopefully we're all wrong. And the more act. Flying colors last but not least governor knowum of South Dakota, vetoes and expungement legislation. The purpose of this bill is to allow automatic removal of convictions from a person's background check for marijuana related offenses. This is she. I'm assuming she's doing this on somewhat of a slippery slope argument that you should be able to see.
Convictions, but I think the issue here is that she is looping in marijuana with other scheduled drugs federally. She's not wrong at the moment, but that being said, this will not be a popular decision in the cannabis space.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Mike Tyson will be joining our lineup in our Cannabis Event. Use the LANE30 code to get your 30% off of tickets discount today!Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Michigan sends $150 million in marijuana taxes to cities, schools, and transportation funds.
New Mexico cannabis regulators are recalling products from the sacred garden operation station because of mold being found in the products.
My Watchlist For The Day:
GrowGeneration Corp. GRWG
MAPS
UGRO
Check out https://www.benzinga.com/events/cannabis/ right now use LANE30 for 30% discount on tickets!
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
Good morning, my friends welcome to a brand new week of making money in cannabis. This is Elliot lane, your host of cannabis daily. Let's dive into some news today, a bit of a slower morning, not. Obviously a ton of news the past couple of weeks with earnings, I think companies are taking a breather. They should be some of them specifically but let's dive into some news foliage.
Not a public company, but is now the largest exporter of cannabis from Columbia to Australia. And I believe makes them one of, if not the largest exporter of cannabis to Australia from south America, new cannabis ventures comes out with a very interesting piece on their global cannabis index. This is new cannabis ventures.com.
If you want to check out the article as a whole. But overall over the last two weeks, the index has raised and lifted 22% leaving the overall yearly results. So far down about 9.2%. So the past two weeks have been pretty darn good comparatively to the last year. Plus for cannabis stocks, challenges for cannabis stocks recently have included a sharp slowdown in sales in January.
According to several major operators in this industry and multi-state operators and their executives. This is going to be common. You're going to see waves and fluctuations in cannabis sales in January. We'll forward. And always be apparently a down month, given most people will slow down their buying after the new year and after the holidays other challenges include inflation, which we are all familiar with the interest rates to counter inflation, which we were all familiar with, supply chain, disruption and tons of other things that are affecting all industries.
But cannabis is a newer industry. So this is something that is probably affecting them just to tap. NCV also believes the markets are not giving enough credit to those companies. With strong balance sheets. Many investors will look at enterprise value for their investments. Enterprise value is the market cap of a company, plus the debt position minus the cash.
So debt-free companies are obviously the most. With their enterprise valuables values being under their market cap. When you look at those companies that are succeeding at this, it's a lot of anciliary companies including grow generation urban grow and Weedmaps respectively, their tickers gr WG UGR O and M a P S I believe all on the NASDAQ
planet 13 is the best operator when considering those with no to minimal debt for MSOE as they are outspoken, apparently in their distance. For depth, the best LPs and licensed producers in the Canadian side of life, our organic gram and Cronos group. So overall a really nice breakdown from new cannabis ventures.
I recommend everybody check it out. We'll probably send. Or cover their coverage on benzinga.com/cannabis today as well. But a really nice report, I think on where this industry could go in and there are some reasons to be optimistic and Alan Braxton who heads up new cannabis ventures will call out the the shakiness of the industry before.
So you got to give him props for that. So this is a nice optimistic piece here. Michigan sends $150 million in marijuana taxes to cities, schools, and transportation funds. Officials also approve the first social consumption sites. I believe set up by true city. In the state. Several good things happening in that state.
I still believe the fourth or fifth largest cannabis market in the U S New Mexico cannabis regulators are recalling products from the sacred garden operation station because of mold being found in the products. I believe there were calling all products by sacred garden. So overall not a great look, but this is a.
In cannabis right now with several we, it happened in Pennsylvania. I believe it happened in Canada. Overall mold is becoming a word that I'm hearing more of and I wish I wasn't. So let's keep an eye on this. Ideally, we are going to be seeing less of this. As we move forward into a regulated space.
Matt Hawkins was on Yahoo finance last week and believes cannabis legislation is being used as a political pond. No surprise there. He believes the legislative moves last week are an attempt to appease those looking for cannabis movement until Schumer releases his C a O a bill in April, which is just out of my sheer knowledge.
And speaking to those in cannabis is not a great bill to move forward with for the current structure of the industry. So we'll see how my. Backing that gets last, but not least New Jersey. Their governor assures us that the launch of cannabis sales is only a few weeks away. This coming after pretty massive amounts of backlash last week after delaying it.
Once again, this is Elliot lane for cannabis. A mix of good and bad news today, as always, it seems, but overall Michigan moving in the right direction, New Mexico, trying to shore up some crappy products and get those to being quality products. New Jersey hopefully will be online soon. And the global cannabis sector seems to be moving in the right direction.
If I'm looking at winners for the day, I check out a few of those ancillary stocks that Alan Broxton called out, grow generation urban. And Weedmaps thanks for always listening you all and review as BZ cannabis.com to check out our April, 2022 cannabis capital conference, we will have Nancy mace.
We will have Mike Tyson we'll have most, every major operator in the industry will be joining us. And we hope you will too. We will see you again tomorrow.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Mike Tyson will be joining our lineup in our Cannabis Event. Use the LANE30 code to get your 30% off of tickets discount today!Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Is Cannabis Legalization Coming?Cannabis Reform Is Picking Up Steam
Doctors will now will be able to talk about the benefits of cannabis.
TLRY
SNDL
OGI
AYRWF
Check out https://www.benzinga.com/events/cannabis/ right now use LANE30 for 30% discount on tickets!
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Mike Tyson will be joining our lineup in our Cannabis Event. Use the LANE30 code to get your 30% off of tickets discount today!Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
How Did Markets React To Cresco Labs Columbia Care Acquisition?
Columbia Care Posts Revenue Of $139M In Q4, Issues 2022 Financial Guidance
Incannex Healthcare To Acquire APIRx Pharmaceuticals For $93.3M
Crypto Carbon Credits For Hemp Growers? It's A $10B Market Opportunity & This Company's On It
Charlotte's Web Q4 Revenue Up 5% QoQ, Adjusted EBITDA Loss Improves By $5M
Jushi Holdings Financial Results: Total Revenue $209.3M For 2021, 159% YoY Increase
My Winners For the Day:
Columbia Care(OTCQX:CCHWF)
Jushi Holdings(OTCQX:JUSHF)
YourWay Cannabis Brands(OTCQB:YOURF)
OrganiGram Holdings (NASDAQ:OGI)
Check out https://www.benzinga.com/events/cannabis/ right now use LANE30 for 30% discount on tickets!
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Mike Tyson will be joining our lineup in our Cannabis Event. Use the LANE30 code to get your 30% off of tickets discount today!Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Cresco Labs To Acquire Columbia Care For $2.1B, Becoming Largest Cannabis Company In US
Cresco Labs Financial Results: Record Revenue $822M For 2021, 73% YoY Increase
Agrify Reports 481% YoY Revenue Increase In Q4, Wider Net Loss In 2021
Flora Growth Announces JustCBD Partnership With Greenyard
YourWay Cannabis Names Jakob Ripshtein Executive Chairman
Aurora To Acquire Thrive Cannabis Owner TerraPharma For $38M
Episode Summary:
My watchlist:
- Cresco Labs (OTCQX:CRLBF)
- Columbia Care(OTCQX:CCHWF)
- Flora Growth (NASDAQ: FLGC)
- Agrify(NASDAQ:AGFY)
- Aurora Cannabis(NASDAQ:ACB)
Check out https://www.benzinga.com/events/cannabis/ right now use LANE30 for 30% discount on tickets!
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Mike Tyson will be joining our lineup in our Cannabis Event. Use the LANE30 code to get your 30% off of tickets discount today!Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Episode Summary:
My watchlist:
- Item 9 Labs (OTCQX:INLB)
- Akerna (NASDAQ:KERN)
- POSaBIT Systems(OTCQB:POSAF)
Check out https://www.benzinga.com/events/cannabis/ right now use LANE30 for 30% discount on tickets!
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
Thanks to Aaron Thomas Asli for making this happen. Uh, we are here to dive into cannabis news and notes. That will hopefully help you make some money on some cannabis stocks or otherwise. So let's dive right in several things to report today were not quite out of earning season yet, but let's start with Metaform labs, M E D I F on the OTC.
They are a nice, uh, larger. Player in the Canadian market at they add flour and pre-rolls to their portfolio. Uh, they also acquire IP from shelter cannabis. And if you did not recognize that name, shelter is a pretty popular consumer brand in Canada. Uh, so I think they're looking to compete with the likes of Val, uh, in sugar, bud, and those really expanding their product portfolios right now on the Canadian side, Aker K E R N on the NASDAQ reports, their Q4 and fiscal year 2021 earnings.
In the fourth quarter revenues, uh, were 6.6 million, which were up 61%. Sequentially is pretty great. fiscal year 2021. They had 19 million in revenue via software, which was up 59% year over year. And their total revenue was 20 point. 7 million, which was up 49% year over year, they did have a net loss of 33.6 million.
Um, not out of this world high, but I will say what worries me is it was increase year over year by 6.7 million. So something to keep an eye on, uh, as you move forward, they are moving in the right direct sales wise or moving in the right direction, volume wise. Um, I would. I, I think their net loss ideally is coming from a couple of these acquisitions.
Uh, but overall a ke to me still far and away, a technology leader in this industry, and definitely at least a watch Lister, Chicago Atlantic R E I on the NASDAQ as of December 31st, their loan commitments totaled 235.1 million, uh, 200.4 million of which is already funded their fourth quarter. Uh, they had four and a half million of net income.
And over the course of the fiscal year of 2021, they had nine and a half million of net income. So Chicago Atlantic moving in a solid direction there looking to compete with the other major res of this industry, POA bit POS a F on the OTC is a major, uh, POS a, uh, In this industry, uh, they have a nice footprint in 18 states.
Now, as they enter Texas and Georgia, they just recently entered West Virginia, I believe last week, overall, pretty impressive, uh, aggressive strategy right now from posit that we haven't seen from them recently. Um, in terms of technology companies, both PO and, and Ana are positive ones here and some interesting news out of canopy CGC on the NASDAQ.
They perform a C B D efficacy study on menstrual health. It was a six month randomized clinical trial on 40 participants with James Madison university, nearly 75% of reproductive age, menstruating individuals report experiencing unpleasant menstrual related symptoms. The results of this study showed significantly reduced symptoms over the course of six months.
The higher dosage of C, B D was effective in reducing irritability and stress over the same period. So, uh, probably something a lot of us already assumed, but it's really nice to see studies on this come out and be put on by industry leaders like CGC. Having said that CGC is not having a great day in the markets already.
I think they're down well over 2%. Uh, but that might be. Because of, uh, Barclay's downgrade, uh, on their stock. But that being said, I like seeing CGC active in the space like this, uh, some news out of item nine labs, they're a major franchise, uh, brand with their, the brand being unity road, which breaks into New Mexico with a multi-unit signed agreement franchising.
It seems to be. Taking up speed recently, something to keep an eye on. And if it does item nine, labs is going to be a major player in this space. Flower one, which is a major Nevada operator, F L O O F on the OTC. Definitely my favorite ticker in the industry. Falu their CEO, ke OIF announced as an advisory board member to the Weldon project.
He joined some pretty incredible names. Um, I believe Kyle Kaza, uh, from Glasshouse group, I believe, uh, Brady Cobb. Um, so Welden project is really, um, ACU accumulating leaders in this industry to help. Um, the stigma and to help decriminalize what should have been decriminalized a long, long time ago. This is Elliot lane with cannabis daily.
If I'm looking at winners today, I'm probably looking at pasta bit. I'm probably looking at item nine labs. Um, I'm keeping an eye on Aker. I, I'm not sure how the market's gonna react to this report, but I do think they're moving in a good direction. Uh, technology of course, is not dependent upon legalization as a lot of the other stocks in this industry are.
So with that in mind, uh, continue to do your due diligence, continue to do your financial research. Looking forward to doing this again tomorrow, my friends until then PC cannabis.com for our events, Ben zinga.com/cannabis to stay updated throughout the day. Hey investors. Thanks so much for tuning in to Bening ass cannabis, daily stock picks and news podcast every day.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Mike Tyson will be joining our lineup in our Cannabis Event. Use the LANE30 code to get your 30% off of tickets discount today!Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Episode Summary:
Can Nova's Success affect Sundial Growers (NASDAQ: SNDL)
Cresco Labs(OTCQX:CRLBF)
My Winners For The Day:
Nova(NASDAQ: NVACF)
Power REIT(AMEX: PW)
Check out https://www.benzinga.com/events/cannabis/ right now use LANE30 for 30% discount on tickets!
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Mike Tyson will be joining our lineup in our Cannabis Event. Use the LANE30 code to get your 30% off of tickets discount today!Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Episode Summary:
Glass House Brands(OTC:GHBWF)
iAnthus Capital Hldgs(OTCPK:ITHUF)
HEXO(NASDAQ:HEXO)
TerrAscend(OTCQX:TRSSF)
Verano Holdings(OTCQX:VRNOF)
SSHWZ
Pineapple Express(OTCPK:PNPL)
Kentucky Passes Medical Marijuana Bill - CHWBF
My Winners For The Day:
- Glass House Brands(OTC:GHBWF)
- Pineapple Express(OTCPK:PNPL)
- Body and Mind(OTCQB:BMMJ)
- High Tide (NASDAQ:HITI)
Check out https://www.benzinga.com/events/cannabis/ right now use LANE30 for 30% discount on tickets!
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Mike Tyson will be joining our lineup in our Cannabis Event. Use the LANE30 code to get your 30% off of tickets discount today!Happy St.Patrick's Day!Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Episode Summary:
Jushi Holdings (OTCQX: JUSHF) completes an acquisition of a Las Vegas dispensary. This establishes their fourth state with vertical integration.obviously a ton of room for growth, a ton of potential
Valens Co(NASDAQ: VLNS) reports 3.1% total market share in the Canadian cannabis market. Valens, I think starting to get some positive momentum here
OrganiGram Holdings(NASDAQ: OGI) pledges 1% of their employees' time to local volunteer programs.
Ayr Wellness(OTCQX: AYRWF) announces Q4 and fiscal year 2021 results. Their Q4 revenue was $111.8 million. That is up 16% sequentially from Q3. Q4 adjusted EBITDA was 26.1 million. For the entire year of 2021, They brought in $357.5 million dollars in revenue, $98 million in adjusted EBITDA. They added 62 dispensaries, 8 cultivation facilities, and 1600 employees in the year 2021.
Item 9 Labs(OTCQX: INLB) to acquire the Herbal Cure in Denver, Colorado.
Verano Holdings (OTCQX: VRNOF) is opening its first West Virginia Zen Leaf dispensary.
Piper Sandler remains neutral on Tilray Brands(NASDAQ: TLRY) but did lower their price target to $6. Another note coming today's saying Tilray is not a buy until they can prove sustainability
Cantor Fitzgerald keeps a buy rating with Innovative Industrial (NYSE: IIPR) and maintains an overweight rating on TerrAscend(OTCQX: TRSSF) and raises the price target on it to $7.90.TerrAscend continues to have a very bullish week.
My Winners For The Day:
- Jushi Holdings (OTCQX: JUSHF)
- Ayr Wellness(OTCQX: AYRWF)
- Valens Co(NASDAQ: VLNS)
- TerrAscend(OTCQX: TRSSF)
- NewLake Capital Partners (OTCQX: NLCP)
Check out https://www.benzinga.com/events/cannabis/ right now use LANE30 for 30% discount on tickets!
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
Good morning, my friends welcome to another episode of cannabis daily. This is your host Elliot lane with Aaron Thomas running the show behind the scenes as he always does.
And Asli for making this happen on all of our podcasting platforms, apple, Spotify. Benzinga.com/podcasts, wherever you want to find us. This is your daily dose of cannabis, news, and insights on what's going on and where you can put your money to hopefully make some more money. All right. Let's dive right in tons of news today.
We haven't really seen much news this week and then all of a sudden, everybody goes, yeah. Thursday St. Patrick's day let's drop it. Also happy St. Patrick's day. Everybody hope you're wearing green today. Jewishy J U S H F on the OTC completes an acquisition of loss of a Las Vegas dispensary. This establishes their fourth state with vertical integration.
They also have another Nevada based acquisition of NewLeaf, which is expected to close in early. Uh, in the early parts of the second quarter of this year, as it continued to grow strategically in the state juicy one of the fastest growing MSOE steer, still I think a, a solid tier two, um, option there, but obviously a ton of room for growth, a ton of potential.
And I love their executive team. So keep an eye on J U S. AF valance V L N S reports 3.1% total market share in the Canadian cannabis market. I don't care what market you're in. 3.1% is respectable. November, 2021 market share. It was two and a half percent. So obviously moving in the right direction there.
Um, some more product centric rankings they're ranked fourth in the beverage market with 11.2% very strong there they ranked ninth in flour with three and a half percent. Eighth in edibles with 3.2%. So Valens, I think starting to get some positive momentum here, uh, very excited for the direction they are taking organic gram OGI on the NASDAQ, joins the pledge 1% movement.
Organic gram will be pledging 1% of their employees, time to local volunteer programs, part of the overall organic gram operating for good social impact strategy. I love the focus on giving back to the community, I think incredibly necessary. And I think younger investors especially want to see ESG and social impact initiatives.
From companies nowadays, it is interesting to me, I'm curious if the employees are being paid for this 1% or, or what's going on, but overall, those are minor details, I think to what is a positive, uh, Air wellness, Ayr, WF announces Q4 and fiscal year 2021 results. Uh, their fourth quarter revenue was $111.8 million.
That's in three months, which is up 16% sequentially from Q3. Q4 adjusted EBITDA was 26.1 million. And for the entire year of 2021, They brought in 357 and a half million dollars in revenue, 98 million in adjusted EBITDA. This is where it gets interesting for me. They added 62 dispensary's eight cultivation facilities and 1600 employees in the year of 2021.
They were massively aggressive in their roll-up strategy. I think very different from a lot of other MSOC. Um, but I think they are. Absolutely competitive and they have 2022 initiatives that should start bringing in more revenue and increasing their run rate. So overall, I think this is a ma a very positive release from.
Um, we will also be speaking to John Sandeman CEO of air wellness today at four o'clock Eastern time on cannabis insider about their positive earnings report per marijuana moment. Marijuana legalization has not led to more youth consumption. This report comes from alcohol and tobacco back, uh, group.
Cresco labs, C R L B. LBF expands their brand portfolio to Florida. They are the number one wholesaler of cannabis in the U S they are also launching a Florida specific edibles brand. I am so happy to see Cresco labs here. Y'all we do not talk about them nearly enough. They are a tier one operator, and I feel like they give me a little bit of news once a quarter.
So with that being said, happy to see Cresco labs, making some moves here. They're obviously big in the B2B space. Um, but we do want to see, uh, I think more news flow as a whole, um, as they continue to compete in a very, what is currently a saturated market item, nine labs, I N L B on the OTC acquiring the herbal cure in Denver, Colorado.
This includes a cultivation license and it fuels market expansion for their unity. Cannabis brand. We talked about franchising a little bit. I think earlier this week, they are a big one in that space. Verano V R N O F on the OTC and other tier one multi-state operator is opening their first West Virginia Zen leaf dispensary.
Tilray T L R Y on the NASDAQ. I'm sure you guys know that by now, Piper Stanler remains neutral on this. Um, but did lower their price target to $6. Another note coming today's saying Tilray is not a buy until they can prove sustainability. I, I P R BTIG keeps a buy rating and Cantor Fitzgerald maintains an overweight rating on T R S S F and raises the price target on Jason Wilde's company to $7 and 90 cents.
Last, but not least on company news, new, late capital partners in LCP on the OTC. A great real estate investment trust in the cannabis space. Announces $9 million of revenue for Q4 up 12% sequentially and a hundred and twenty twenty two. 122%, uh, from 2020, uh, their fiscal year of 2021 brought in $28.2 million in revenue, which is at 142%.
You're over a year last but not least. We are announcing two major speakers. Uh, in addition to the already amazing agenda we had in Miami, April 20th and 20 first@thefountainbluebzcannabis.com. Mike Tyson will be joining our lineup. You gotta be there. Y'all use the code Elliott. I'm sorry, lane. I forgot which part of my name was in the code.
L a N E three zero. Use the code lane 30. You'll get 30% off your tickets. If you're listening to this. Uh, come hang out with us. We're also going to be featuring Ricky Sandler, the head honcho of a $9 billion hedge fund eminence capital. Really, really excited for this event. Um, the buzz is out y'all let's go, come hang out with Benzinga on Miami beach.
On a, in April, April 20th and 21st. Thanks. Y'all so much for tuning in rate and review us, let us know what you think. Uh, and we hope to see you very soon. We'll do this one more time tomorrow. Investors. Thanks so much for tuning in to Benzing. As cannabis daily stock picks and news podcast everyday pre-market.
Uh, once again, this is not financial advice. Please do your own research. We hope we bring you the best and most efficient news for your investing. Continue to find us on benzinga.com/cannabis, spending a.com/podcasts or on YouTube on Benzinga.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Episode Summary:
Mike Tyson is selling ear-shaped edibles.
New York takes another step forward for local hemp farmers to apply for conditional licensing to grow marijuana.
LivWell has 21 stores in Colorado and it's under agreement to be acquired soon by PharmaCann which many believe once it goes public will be a $1 billion opportunity and MSO to look at.
SugarBud Craft Growers(OTCQB:SBUDD) Launches Infused Pre-Rolls With Up To 35% THC In Alberta
My Winners For The Day:
- HEXO
- UGRO
- SNDL
- ACB
Check out https://www.benzinga.com/events/cannabis/ right now use POT30 for discount!
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
This is cannabis daily, your host Elliot lane. Thanks to Aaron Thomas and the athlete behind the scenes making this happen. Let's dive in Mike Tyson. Y'all this is news from yesterday, but gotta be mentioned.
These selling ear-shaped edibles. That is just. If you know anything about Mike Tyson in his ear biting incident, I watched that live as a kid and I have never been able to get that picture out of my mind. That's insane. Mike Tyson selling ear shaped edibles. Wow. Schwas S HWC a major Colorado opera.
Signs a definitive agreement to acquire all assets of urban health and wellness. This includes a one Denver base dispensary and a 7,200 square foot cultivation facility. Also based in Denver, the franchising model is making headway in cannabis. There are several operating in this style of Including item nine labs, including open door, which is a consultancy for companies to begin item nine labs.
Of course it's the unity road model there and nug, but we also have the business of cannabis brokers like cannabis, 10 X nug for cannabis franchise is in California. They welcome a new franchisee through the cannabis, 10 X franchise brokerage. I think we'll be seeing a lot more news like this in the years to come.
As the franchising model becomes more popular as this industry, more than any other tries to support small business owners, Chicago, Atlantic, or R E F I on the NASDAQ finds 30 or funds $30 million senior secured credit facility to a Florida based single state operator sugar, bud SBU, D, which is a craft grower out of Canada.
They are in a. Interesting part of the market. And they've been very aggressive recently. They're not a big company, but they have bumped up their news flow. They're launching a pre-roll in Alberta and they've been very aggressive in terms of launching their craft cannabis products all over. The Canadian market, New York takes another step forward for local hemp farmers to apply for conditional licensing to grow marijuana.
This is via an application portal, which I believe has just opened live well. Enlightened health in Colorado has some of its cannabis fire being recalled for mold and yeast concerns. Live well has 21 store. In Colorado and it's under agreement to be acquired soon by pharma can, which many believe once that goes, public will be a $1 billion opportunity and MSO to look at.
So keep an eye on pharma can, who will also be speaking at benzene as Miami cannabis capital conference, April 20th and 21st. You should be there spring big, last but not least, which we'll be listing soon via a SPAC announced as two year revenue. Of 1296%. This ranks the company ninth in Inc magazine's list of Southeast regions, fastest growing private companies.
They won't be private much longer if I'm looking at winners of the day. It's more so on the private company side, if I'm not gonna lie but I'm watching Hexo today to see how they move after they've. They've seen a lot of turmoil. Recently. Urban grow has been interesting me recently as well.
That's U G R O a N S and D L seems to be in the news. A good. So it looks like ACB move yesterday, post market, as well. With that being said, this is Elliot lane. Thanks again for tuning in, we will do this a couple more times this week. I promise I'm not going to any events, nor is Aaron Thomas. We hope you have a wonderful day and making some money in cannabis.
Hey investors, thanks so much for tuning in to. Cannabis daily stock picks and news podcast everyday. Pre-market once again, this is not financial advice. Please do your own research. We hope we bring you the best and most efficient news for your investing. Continue to find us on benzinga.com/cannabis, spending a.com/podcasts or on YouTube on Benzinga channel.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Episode Summary:
TerrAscend(OTCQX: TRSSF) The Apothecarium App on Apple Store is available in New Jersey & California.
Kulbi And NMBL Team Up Expanding Marijuana Accessories Offering On Amazon.com
Neptune Wellness Solns(NASDAQ: NEPT) Closes US$8,000,000 Registered Direct Offering
My Watchlist:
TerrAscend(OTCQX: TRSSF)
Check out https://www.benzinga.com/events/cannabis/ right now use POT30 for discount!
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
This is cannabis daily. It's your host Elliot lane producer, Aaron Thomas, and Asli. Thanks to Benzinga for the platform. We bring you your daily dose of cannabis, news, and insights on the public markets. So let's dive right in with terrorists and continuing to make news. They of course closed their major acquisition recently of gauged cannabis.
They are also the first major us cannabis operator to launch a mobile retail app on the apple app store T R S F on the OTC as their ticker, the apothecary. App is for customers in New Jersey and California. You can place orders for pickup in New Jersey and pick up and delivery. In California. So they are obviously looking to retain customers probably create more loyalty create more streams of revenue.
This creates a lot for them for incoming customers and retention. So with that being said, perhaps the terrace, and I doubt this will be the last company to do this, but an interesting move right now in order to capitalize on the new. The news as well as other items I'm sure to come Colby, K U L BI creators of the black box product has signed an exclusive deal to officially be the only seller of in M B L go or nimble go one of the top trending joint case products in the cannabis sector.
We mentioned this because Colby is one of the fastest growing e-commerce cannabis companies. And through Amazon reached eight figures by. Or we'll reach eight figures by the end of the year. Very interesting there, as we see more e-commerce plays from the cannabis space, Neptune wellness closes an 8 million registered direct offering silver spike investment corporation, or S I C on the NASDAQ.
As of yesterday, they are a lender that cannabis, they can act as a REIT and lend against real estate. Okay. They can lend just as a standard lender. This is a very interesting play, and I think it will be interesting to see how they disrupt the REIT space and how other lenders such as them follow suit marijuana moment with an interesting headline today bi-partisan majorities in Maryland support marijuana legalization, far outpacing Biden's approval in a new poll.
Marijuana moment is a more of a legalization advocates site. They do wonderful work for content, but I think this is a little bit of proof of the pudding that advocates are losing faith right now. And the Democrats and president Biden in order to help legalize cannabis, 62% of Maryland.
Marylanders or whatever Marylanders, I think back legalization, 48% back, president Biden, Canada is processing an increase to the limit of cannabis drinks and individual may purchase. However, they, the low THC cap will remain in place per MJ, biz daily. Bloomingdale's. love that begins trading on OTC, QB, B L M S.
They are a researcher manufacturer and wholesaler of hemp derived cannabinoid, nutraceuticals, and cosmetics. They launched in Q4 2020 gross revenues have climbed to more than. Million by September, 2021 finally possible P O S a F on the OTC launch. A there are POS for retailers in West Virginia. There are not that many retailers in West Virginia, so they're probably looking at truly or Columbia care partnerships there.
Very interesting. As they continue to grow in the POS space. So I'm looking at winners today. You got to think TRS S F is up there. You got to think SSI C is going to have an interesting week in the markets. I might look at that personally and past that those are my winners and also keeping an eye on Maryland.
Pushes for cannabis legalization. And of course, e-commerce seems to be the word of the day. This is Elliot lane with cannabis daily. Thanks so much for your time rate and review us, let us know what you think. Come join us. BZ cannabis.com in Miami. Every single major cannabis company will be there from cure leaf down to the SSO that you know, and you're loyal to a couple blocks away.
We will see you all again. Hey investors, thanks so much for tuning in to Benzing. As cannabis daily stock picks and news podcast, every pre-market. Once again, this is not financial advice. Please do your own research. We hope we bring you the best and most efficient news for your investing. Continue to find us on benzinga.com/cannabis, spending a.com/podcasts or on YouTube on Benzinga.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Episode Summary:
- Martha Stewart reveals the latest expansion and flavor innovation within its growing CBD portfolio.
- Trulieve Cannabis(OTCQX: TCNNF) Partners with Survivor's Ethan Zohn as Momenta Brand Ambassador.
- Urban-gro(NASDAQ: UGRO) to Acquire Emerald Construction Management.
- Columbia Care(OTCQX: CCHWF) Reports Preliminary Full Year 2021 Results
- Flora Growth(NASDAQ: FLGC) Enters Agreement to Distribute Mind Naturals in the Hong Kong Region
Check out https://www.benzinga.com/events/cannabis/ right now use POT30 for discount!
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Let's start with a Florida based company, truly TC in an F they announced a new partnership with survivor Africa's Ethan zone as a brand ambassador. So obviously. Pushing out a new partnership there for truly CGC it's. Can it be growth Corp and Martha Stewart unveil a new tropical medley CBD gummy line, always worth calling out when Martha is involved.
I think some of the bigger news today and these next few bits here, urban grow U G R O on the NASDAQ announces their intention to acquire Emerald construction management. This is Emerald is 37 years. And they're based in Colorado, they provide comprehensive construction and supervisory services from initial design through the final build-out Emerald expects 2021 revenues of $26.5 million in epidemic of.
0.2 million urban gro getting a steal here for $7 million. This is an impressive acquisition. I think Brad and attracts and team are getting a steal and obviously building out their services for their clientele. Columbia care CC HWF announces their preliminary 2021 results. Their full year combined revenue.
$474 million with adjusted EBITDA of around 85 million. Both our company records and in line with previous guidance, perhaps to the Columbia care team, they're obviously a massive 2021 building toward a better 2022 for a growth Corp F L. Signs an agreement to distribute mine naturals in the Hong Kong region, they have been exporting their little tushies off a apologize for saying little tushies.
But it is really impressive. They just announced their first export from Columbia to the U S of CBD. They're now doing the same for Hong Kong last but not least a sin wellness holdings, AA, w H on the OTC released, is there a 20, 22 or 2021 ESG metrics launch? This includes the launch of a CIN foundation, which is a nonprofit that will support organizations fighting for criminal justice and help diversify cannabis.
They also released their gender, ethnic gender and ethnic data to increase transparency. They also. Our unveiling, a few internal initiatives for employees for support of LGBTQ and other matters there. So they've done quite a lot. I encourage you to check that out and see how the space is supporting both their employees internally.
And also the industry externally. This is Elliot lane with cannabis daily, looking forward to doing a full week for you this week. Thanks again for your patience. With this last week, we are excited to have some new. Knowledge on the hemp and Delta aids and CBD space. Looking forward to bringing that to you on here until tomorrow.
Y'all Hey investors, thanks so much for tuning in to as cannabis daily stock picks and news podcast everyday pre-market. Once again, this is not financial advice. Please do your own research. We hope we bring you the best and most efficient news for your investing. Continue to find us on benzinga.com/cannabis, spending a.com/podcasts or on YouTube on Benzingers channel.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
This is a replay of the episode that aired on March 4, 2022. Our host Elliot Lane is traveling and will be back with us to evaluate cannabis stocks and headlines again on Monday. Stay tuned!Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Episode Summary:
HEXO Corp. HEXO HEXO+7.54% is finalizing a strategic partnership with Tilray Brands, Inc. TLRY-4.67% which includes Tilray Brands acquiring $211 million of senior secured convertible notes that were originally issued by HEXO.
Tilray (TLRY) - An analyst at Canaccord upgraded the stock to Buy Friday morning.
Curaleaf Holdings(OTCQX:CURLF)
Village Farms Intl(NASDAQ:VFF)
Flora Growth(NASDAQ:FLGC)
Harborside(OTCQX:HBORF)
Check out https://www.benzinga.com/events/cannabis/ right now.
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
This is a replay of the episode that aired on Jan 14, 2022. Our host Elliot Lane is traveling and will be back with us to evaluate cannabis stocks and headlines again tomorrow. Stay tuned!Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Tune In for Elliot's top Cannabis Stock Picks for 2022. Elliot picks:
- Long term Growth Picks
- Short term Growth Picks
- Underdog Picks
- New Listing Picks
- Leading Brand Picks
in Canada, International and The US Markets.
In Other News:
Arizona tops $1 Billion in cannabis sales in the first 11 months.
NXXTF wins the Canadian LP brand of the year award.
HITI opens its 107th branded retail location in Canada.
How to avoid anxiety when consuming weed - look for strains low in THC and ones that contain a cannabinoid CBG.
Indigenous communities in Mexico are replacing corn crops with cannabis in anticipation of marijuana being legalized.
Recreational marijuana sales in Montana top $1.5 million in the first weekend.
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Episode Summary:
Village Farms Intl (NASDAQ: VFF) receives EU GMP Certification which allows export to EU Medical markets.
Stocks talked about in the episode:
SugarBud Craft Growers (OTCQB: SBUDD)
HEXO (NASDAQ: HEXO)
Delta 9 Cannabis (OTCQX: DLTNF)
Stem Holdings (OTCQX: STMH)
My watchlist:
High Tide (NASDAQ: HITI)
Village Farms Intl (NASDAQ: VFF)
Check out https://www.benzinga.com/events/cannabis/ right now use POT30 for discount!
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Episode Summary:
Acreage Holdings(OTCQX: ACRDF) announces a licensing partnership with Botanica.
Global cannabis sales could top $60B by 2026 according to BDSA
High Tide Inc (NASDAQ: HITI ) launches cannabis delivery on demand in Alberta Canada.
Ascend Wellness Holdings (OTCQX:AAWH) launches a new value brand of cannabis called simply herbs.
Ukrainian Wants Weed To Legalize In America while Running from Russian Bombs Watch video here
MariMed(OTCQX:MRMD) expands Massachusetts Retail Footprint With Acquisition Of Cannabis Dispensary.
Check out https://www.benzinga.com/events/cannabis/ right now.
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
This is Elliot lane host of Benzing as cannabis daily. Thanks to Aaron Thomas who produces the show and Asli who makes it happen.
Very excited to dive into the news today when I first woke up, but I'm not gonna lie. There's not a lot happening today on a non news, we will give you some updates on what companies are. Putting out there as always as well. Some industry topics as well, but I think overall at the end of this, we're going to be a quick performance report on a few stocks and where the overall sector is, so that you have something to go into your day with.
So let's dive right in acreage holdings, announces a licensing partnership with Botanica to produce and distribute. Mr. Moxies T H C mints in current operating markets that is ACR D F on the OTC. BDSA that is BDS analytics. They are one of the leading data and analytics providers in the cannabis industry.
They do come out and restate their prediction of a market that could reach 60. By 20, 26 high tide. This is H I T I on the NASDAQ launches cannabis delivery on demand in Alberta. We did report on this launching in other markets, I believe last week. But they are continuing to expand that they make the news every day.
It seems probably one of the more aggressive company. In the space, always something happening over there. A wellness aawh on the OTC launches a new value brand of cannabis called simply herbs. Whenever I see value brands versus craft brands versus premium brands, I think it's important to note if a company has all of the above, if it has value and premium.
I think all of that is important when you look at a company's product. Possibly it enters the CBD point of sale market. They are now live in 20 brick and mortar CBD locations nationwide. They are listed on the OTC Mera med, M R M D announces a second dispensary via an acquisition in Massachusetts. If you are unfamiliar.
With the cannabis markets, the limited licensed states versus the unlimited licensed states, Massachusetts is an incredibly limited states that is very hard to expand and you gotta have to meet very intense requirements and conditions to be considered. So mayor med expanding their footprint there for sure is probably one of the bigger news points today.
Brittany Griner. She obviously has made the news on multiple friends. She is being detained in Russia due to. Her having THC, I believe it was a vape pen on herself and was arrested in Russia. This is a tough one, obviously it's against their law, but at the same time with what's going on in the world, this is a very tumultuous situation for her to be over there.
Thoughts and prayers go out to her family and hopefully they can get her released very soon on another. Within world news. Let's talk about the Ukrainian guy calling for us cannabis legalization in the middle of an evacuation from a town being bombed by Russia. This guy, what a hero, what a dude.
I hope he stays well healthy and safe during this. If you haven't seen it Hopefully you play this video for you in our cannabis insider show today 4:00 PM Eastern time on Benzing as YouTube, but that's a killer video. A few more things here. If you all are not already, you have to attend to Benzinga cannabis in Miami, April 20th and 21st, almost every leading company will have a C-suite executive.
They're educating you on what they're up to as well as what the space is doing right now. It's the second. Aaron Thomas myself and our colleague, Ben will be in Fort Lauderdale later this week at the alternative products expo. If you're there stopped by our booth, we'd love to see you. We recommend going and checking out what's happening in the alternative products and CBD world last but not least as promised.
Let's look at a bit of a recap of the last week, month, and three. Thanks to the report from paradigm capital investment companies are looking like to be the winner over the past month. They're up one and a half percent over the week and almost 6% over the last month, three months. Not doing as well.
But they are trending very well right now. I would say retailers are another interesting had a strong last week. Biggest laggard there, keep an eye on extractors. They are not having a good week, month or three months. When I say extractors There are several in the space, but it seems to me that a lot of extractors are also expanding into oil products.
So that could be an interesting transition that we're seeing take place within the market as well. In terms of companies winners, for sure. Chalice brands, GLD F. And sugar bud. That is SBU D probably the two bigger winners in the performance area, chalice brands up 39% on the week and 46% on the month with that being said, this is Elliot.
And cannabis daily. Thank you so much for tuning in rate and review us, tell your friends about us. We're here every day to bring you the updates in cannabis in six minutes or less. With that being said, we'll do this again tomorrow. Y'all be well. Hey investors, thanks so much for tuning in to Benzing.
As cannabis daily stock picks in. Podcast everyday. Pre-market once again, this is not financial advice. Please do your own research. We hope we bring you the best and most efficient news for your investing. Continue to find us on benzinga.com/cannabis, spending a.com/podcasts or on YouTube on Benzing channel.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Episode Summary:
Village Farms Intl(NASDAQ: VFF) has an analyst consensus of a strong buy rating with a price target consensus of just over $12.
Piper Sandler remains neutral on Cronos Group(NASDAQ: CRON) lowers their price target from $4 to $3.
Dawson James maintains a buy rating on 22nd Century Group (NASDAQ:XXII) and sets a price target of $8 50 cents.
Cantor Fitzgerald maintains Buy rating on Curaleaf Holdings(OTCQX: CURLF) with a price target of $15.50
Elliot's Watchlist For The Day:
Village Farms Intl(NASDAQ: VFF)
Curaleaf Holdings(OTCQX: CURLF)
High Tide(NASDAQ: HITI)
AFC Gamma(NASDAQ: AFCG)
Check out https://www.benzinga.com/events/cannabis/ right now.
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Good morning investors. It is Monday. Again, here we are. This is Elliot lane. Welcome zingers to your first episode of the week of cannabis daily. Thanks to Asli and Aaron for making this happen on the backend and from.
For the platform. This show brings your, you your daily dose of cannabis, insights and news on the industry and markets as a whole today, we're going to start with kind of an analyst takeover Monday, if you will. There's a ton of. Notes that have come out over the past few days on cannabis and cannabis related stocks.
So let's start there and then we'll dive into a few other bits around the market, but Cantor, Fitz, Gerald, they released a couple of notes. But most recently a they keep their by rating on village farms. That's V F F. Today and they set a price target of $9 and 30 cents village farms has an analyst consensus of a strong buy rating with a price target consensus of just over $12, which if you break it down is around 139%.
Upside from current levels. So there's a lot of potential, a lot of growth, potential, a lot of excitement around village farms because their cannabis side has been doing very well. AGP Alliance, global partners. They also maintain a buy rating with a price target of $17 on VFX. So overall they're not performing necessarily the greatest they're close to a 52 week low, but then again, a lot of these stocks follow them.
Fundamentally. So if you're looking at stocks to based on performance, then Viff is definitely one to keep on your watch. Next up Piper Sandler remains neutral on Kronos group. That's C R O N on the NASDAQ and lowers their price target from $4 to $3. Dawson James maintains a buy rating on 22nd century.
That is X I and sets a price target of $8 50 cents. The general feel for the stock of XX is a moderate box. And an eight $50, $8, 50 cents, average price target. And last but not least, before we dive into less technical side of this show, Cantor Fitzgerald reports on Friday that they feel curely will recover.
They maintain their buyer rating with a price target of 15 and a half dollars. The consensus field here is a strong buy and just around the $13 40 cent average price. This is just over 130% upside from current levels for cure leaf. Next up per new cannabis ventures. If you don't follow the site, you should.
Alan Broxton does a wonderful job at breaking down the financial side of cannabis as do we, of course. But we have great respect for Allen. He has some interesting points from leading companies, earning calls just two of them here, but two specifically large companies, Cura leaf, C U R. Stating to the illicit market activity, took a big hit out of their business in New York and New Jersey and green thumb industries.
GTB I F criticizes, Illinois for failing to issue the social equity licenses and expand the number of stores. Ben Kogler. According to Alan Broxton plays his cards, decently close to his chest while clearly there's a little bit more. About issues and their MIS on the adjusted epidemic specifically next upgrading every state's marijuana program, something we can break down on the show together.
It looks like to me, according to Americans for safe access, the best marijuana program out there is drum roll, please. The state of Maine. What that is what they say the next step after them is Illinois with a B minus. Ben Coler wants them to be the best. It seems there's a lot of CS especially in the markets that have been around for awhile, C plus, and California, C minus for both the state of Washington and Oregon.
Lot of F's for those that don't have anything, including my home state of Kentucky, that's skew, a sad face emoji. And there's some DS overall nobody's doing particularly well, according to Americans for safe access. So get your butts in order to get your gears in shape over here. I totally messed up those phrases, but you all know what I mean?
Apparently we're just not doing very well on rolling. Marijuana programs out according to Americans for safe access. Check that out. cannabis.net. I think the fresh toast covered it. I think benzinga.com/cannabis will also release that today. Few more bits of news here, we'll raise through sugar, bud.
That's S B U D launches a new pre-roll product in Ontario, high tide, H I T I and on the NASDAQ, can't go a day without talking about them. They are subsidiary fab CBD launches, a subscribe and save program in the U S I would imagine sending them. For loyalty programs to flow from Canada to the U S they have a massive loyalty program in Canada.
It looks like they're starting that, those activations in the U S. Madman M N F wins the case against their former CFO, which now has to pay over $600,000 in legal fees from a lawsuit that he did start and lose last but not least a F C G on the NASDAQ. This is AFC gamma, a leading Linder. In the space of cannabis expands their credit facilities with three already existing borrowers in their network.
With that being said, if I'm looking at my watch list today, I think VFS got some votes of confidence. That's a win for me, for them. If I'm probably high tide, just in terms of general performance and AFCG as well. But for the long-term, this is probably a good time to check out. If I'm not going to lie, they are a major company that will bounce back almost guaranteed.
So with that being said, have a wonderful Monday, go make some money in cannabis stocks. We will see you again tomorrow. Hey investors, thanks so much for tuning in to Benzing. As cannabis daily stock picks and news podcast everyday pre-market once again, this is not financial. Please do your own research.
We hope we bring you the best and most efficient news for your investing. Continue to find us on benzinga.com/cannabis, spending a.com/podcasts or on YouTube on Benzinga channel.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Episode Summary:
HEXO Corp. HEXO HEXO+7.54% is finalizing a strategic partnership with Tilray Brands, Inc. TLRY-4.67% which includes Tilray Brands acquiring $211 million of senior secured convertible notes that were originally issued by HEXO.
Tilray (TLRY) - An analyst at Canaccord upgraded the stock to Buy Friday morning.
Curaleaf Holdings(OTCQX:CURLF)
Village Farms Intl(NASDAQ:VFF)
Flora Growth(NASDAQ:FLGC)
Harborside(OTCQX:HBORF)
Check out https://www.benzinga.com/events/cannabis/ right now.
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Episode Summary:
HEXO Corp. HEXO HEXO+7.54% is finalizing a strategic partnership with Tilray Brands, Inc. TLRY-4.67% which includes Tilray Brands acquiring $211 million of senior secured convertible notes that were originally issued by HEXO.
The Biden administration has expanded its employee conduct guidelines to potentially deny security clearance to individuals who have invested in companies that are involved in the marijuana business according to an internal executive branch presentation shared with Politico.
High Tide (NASDAQ: HITI) To Acquire 4 Crossroads Cannabis Stores For C$2.5M
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
It's Thursday. Y'all you know what that means? You have two more days to make money off of the cannabis industry this week. Just two more days. Let's make it great. Let's capitalize on it. This is Elliot lane, your host of cannabis daily here with Aaron Thomas.
Thanks so much to Aaron Thomas for producing and Asli for making this happen. And Benzinga for the platform. We bring you your daily dose of cannabis news, stock insights and industry updates. If you will, in five minutes, we're gonna. For five minutes on the.today, let's see how we do, but we have not too many news items, but definitely some larger ones we need to touch on.
Tilray they like to make news over there. But Tilray brands announces a proposed agreement for strategic Alliance with so cool. What does this mean for these two very large Canadian based operators? You say Hexo H E X on the NASDAQ will restructure their balance sheet, including the sale of their amended senior secured notes to Tilray brands.
This. Improve hexoses flexibility and reinvigorate their path forward plan. We've been over the path forward playing on this podcast before, but just to give you a brief reminder of the path forward is basically a plan for 2022 on how they will utilize their capital structure on how they intend to divest certain non revenue driving assets among other things.
What does this do for Hexo though? Most importantly, it releases the 80 million Canadian dollars in restricted cash to fund operations and strategic initiatives. Both companies will benefit. That's probably very important to this from this partnership, by as much as Canadian $50 million split equally between the two sides, K a O S capital will provide an additional Canadian $180 million.
Three year equity, backstop, commitment to maintain heck sows, newfound, monetary happiness. Hexo I believe it's currently up around 5.8% until Ray is down 0.3, 4%, not everybody liked them spending the money they did, but with that being said obviously fantastic news for Hexo. If you're Hexo shareholder, you have to be breathing at least a small sigh of relief here.
If you're Tilray, you're thinking this is interesting. Let's see where this goes. Does this make Hexo in M and a opportunity? I don't know. We'll see one day, but that being said for now, two major stocks joining together this morning, next step, taking it to the legislative front, a little bit of a disappointing note, but that being said.
Again, not surprising. The Biden administration has expanded its employee conduct guidelines to potentially deny security clearance to individuals who have invested in companies that are involved in the marijuana business. This is according to an internal executive branch presentation shared with Politico.
The direct quote is eligibility may be negatively impacted if an individual knowingly and directly invest in stocks or business ventures that specifically pertain to marijuana, growers and retailers. Decisions to willfully invest in such activity could reflect questionable judgment and I'm willingness to comply with laws, rules, and regulations.
So one would hope that a more moderate and or liberal administration wouldn't say something like this, or that was the assumption when Biden was elected. That being said, Obviously Biden is playing this similarly to how the banks are, think of bank of America and and others that have reacted very negatively towards the cannabis industry.
Over the last year, he's being very close to the federal guidelines for cannabis. So with that being said, Biden will be a friend of the industry when the industry Gets its first step of approval from the legislative branch, which will be SAFE deally in the next few months. We hope we'll see how that goes, but with that being said and disappointing update, but that, again, not really ultimately.
All right next up on the list. We have canopy growth CGC on the NASDAQ lawsuit against GW pharma for patent infringement is tossed out by a court. This has to do with cannabis extraction techniques. Cannabis growth of course is another major Canadian and global player in the cannabis space.
They also have a us footprint. They are well-known for their associations with Martha Stewart and bio steel and Patrick Holmes and several. GW pharma is the company that has the. CBD drug for epilepsy that is well-known internationally. With that being said, looks like a judge was not impressed by CGCS case.
So that is now over per marijuana moment and a new poll, the majority of Wisconsin voters back marijuana legislation in the us that includes the majority of Republic. Wisconsin voters last but not least let's end with our good friends at high tide. H I T I acquiring crossroads cannabis, adding four brick and mortars in on Terrio.
That brings them somewhere around 115. I believe with that being said, this is Elliot lane and cannabis daily. Thank you so much for tuning in really appreciate it. Rate and review us. Come hang out with me on Miami beach. Yeah, come on. Who says that on a podcast that often as me April 20th and 21st, you can get your tickets.
BZ cannabis.com. We have a room block where you get discounted rooms at the fountain blue best hotel in Miami. Come hang out with us and learn from the industry leaders of. We'll see you tomorrow. I'll quickly. I just want to say that this is not financial advice. I encourage everyone out there to please do your own research before investing in cryptocurrencies, as they are very volatile assets.
Did you know nearly all stock price changes of 10% or more result from a single news headline? That's right. News headlines have a unique ability to drive stock prices up or down. These news catalysts create trading opportunities. Every. All you need is a little help to reach out and take them. And if you're looking to grow your portfolio, it doesn't matter if your investment budget is small or big, an easy to read stream of news headlines will increase your opportunities to profit from price changes in the stock market, consolidate a knowledge based investment strategy and grow your portfolio.
All you need is Benzinga pro and it's powerful news alerts, price tracking, and portfolio monitoring. To make a positive change in your trading performance. We've already helped thousands of retail traders across the world, and they could not be happier. Increase your market knowledge, boost your exposure to big movers and make informed trades before major price changes.
The opportunities are all around. Subscribe now and will skyrocket your portfolio today.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Episode Summary:
Neptune Wellness Solns (NASDAQ: NEPT) was granted a 180 day extension to meet NASDAQ's minimum bid requirement of $1 per share. The deadline for this requirement is August 29th, 2022. Neptune's new partnership with Walmart and Cocomelon is super promising it could be a great one to put on your watch list.
Wells Fargo maintains an equal weight rating on GrowGeneration (NASDAQ: GRWG), but does a lower the price target from $9. Two $8.
Harborside(OTCQX: HBORF) Completes Acquisition of Urbn Leaf.
Audacious (OTCQB:AUSAF) reports Q3, 2022 earnings.Their total revenue was around 2.37 million. It is up 2623% YoY.
Former President Bill Clinton speaks at Impact Forum in Orlando, Florida, yesterday in massive support of CBD.
Elliot's Stocks To Watch Today
Verano Holdings(OTCQX:VRNOF)
Harborside(OTCQX:HBORF)
Audacious (OTCQB:AUSAF)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
This is cannabis daily. This is your host Elliot lane. Thanks to Aaron Thomas and Asli for helping us make this happen. And Benzinga for the platform. This show brings you your daily cannabis insights and news on the cannabis industry and markets. We're going to talk, we're going to start off the day with politics said nobody that ever wanted to have a good day ever.
But we're going to start there anyway. So last night there was a pretty important annual happening called the state of the union address. I'm sure you know about it, president. Did not mention cannabis in the state of the use and surprise. Not really. I know a lot of people are upset about it this morning.
I'm not going to lie. Did not think he would mention anything about it. Anyway, there was a lot of discussion about mental health though, and fighting the opioid crisis. And I think it is important for us to remember how cannabis can help that fight. But hopefully this administration will verbally discuss that in the near future.
Next up, we're staying on the political sidelines here with bill Clinton comes out at impact forum in Orlando, Florida, yesterday in massive support of CBD. He did mention with a small amount of THC saying he probably gets more calls about CBD than anybody else alive. I somehow feel like that was an exaggeration, but that being said, it's good to see.
Former mainstream politicians come out and support of the. Neptune wellness solutions in EPT on the NASDAQ was granted a 180 day extension to meet NASDAQ's minimum bid requirement of $1 per share the new. For them to meet this requirement is August 29th, 2022. I do believe in Neptune. I think they are a fantastic company.
They're a new partnership with Walmart and Koka Mellon is super promising. But with that being said, of course there's a lot of work to do so let's keep an eye on them. However, if they are successful in getting it up, this could be a great one to put on your watch list. Now audacious brands, a U S a reporting, some promising numbers in their Q3, 2022 earnings.
Their total revenue was around 2.37 million. It is up 2623% year over year. I believe it was around 90,000 at this same period. Last year, their gross profit was around 1.8, 4 million. From a loss of 166,000 in the same period last year, prox to that team. That's Terry Booth led Terry Booth. Of course, one of the founders of Aurora cannabis.
Now leading the audacious team. This is turning into a very promising company. Internationally Wells Fargo maintains an equal weight rating on grow generation, but does a lower the price target from $9. Two $8. Hexo H E X O on the NASDAQ, seeing an up and down free market. They were up at one point around 8.7%.
I believe now it's around 1% increase pre markets at the time of recording. Needham does maintain a buy rating on green thumb industries. That's GTB I F on the OTC. I believe the price target is around $33. Tomb C H O F is a pretty well-respected Canadian retail company. Think of them as somewhat of a competitor to high tide fire and flower Nova cannabis.
They announced their Q2 highlights revenue was 4.2, 1 million down from four points. 4 million from the last quarter, however, their expenses were down and their gross margin did increase. So moving in a few different directions there, I think that's a watchlist or at most right now, but that being said, I like them increasing their margin Juva life.
That is J U V a F on the OTC. This is a cool piece of news which I think I might check out today. They are offering a journaling app for personal health and wellness tracking this app. We'll assist new consumers and just probably current consumers with insights into how cannabis products affect their health and wellness.
Super cool. I'm going to try this out. I will report back what I think, but that being said, perhaps check it out. That's Juva life Harbor side, HBO RF completes their urban leaf acquisition and appoints ed Smoltz as CEO of the combined. Company, this massively supports Harbor side's footprint in Southern California for them to be one of the main players in the state, they'll be fighting the likes of glass house, riding the lights of the parent company.
But I think Harborside, this is an important acquisition for them. And ed I think is a very cool. Addition to their C-suite team, former CEO of FAO shorts and wild things. Also the former COO of Patagonia. He also led the cannabis company Calex peak I believe for a few years. And was a part of JP Morgan or no, I'm sorry.
Goldman Sachs investment banking. So he has a long history. Of working in finance of leading companies, I think Harborside is going to see a nice aggressive push here. Sugar bud SBU, DD announces their preliminary Q4 2021 earnings. They are predicting record revenue of 750 to 850,000 for the quarter and around two and a half million.
For the year of 2021, a couple more here, Verano holdings draws an additional $100 million from an existing credit agreement to fund further expansion and growth initiatives. This to me is pretty obvious that they're preparing for some more M and a on the horizon. They did just acquire goodness growth.
That's Judy NSF on the OT. What's reported the best increase in terms of stock performance in February. So perhaps Verano is about to do it again. They did just join us on cannabis insider yesterday, check out Benzing as YouTube for that video, talking about their MNA strategy and what we can expect.
And. For from them and from cannabis in 2022, we talked to their chief investment officer. Aaron Miles, definitely check that video out last but not least. We can't get through the day without talking about tilt holdings, T L T F loved this company. Love what Gary Santo and team is doing over here. They sign an exclusive partnership with timeless refinery for manufacturing and distribution for the brand in Ohio.
Timeless is a vaporized. Maker in Arizona, Oklahoma, Missouri, California. And of course now Ohio via tilt. Another bit of news for tilt. They did just sign Lynn Ricci who led I R for true leave up until recently. And I believe, of course, whenever you have mergers and acquisitions, some shuffling will happen.
I think this is a massive For investor relations for holdings. And I think that's something to keep an eye on for a company that is fighting for tier two. And I think eventually tier one levels in this market that being said, if I'm looking at winners today, all you got to talk about Harbor side, you gotta talk about, I'm definitely keeping Verano on my watch list.
That's a must. And I think it's worth mentioning audacious for sure. They really over-performed, in my opinion, that being said, this is Elliot lane. Thanks so much BZ cannabis.com. We want you in Miami. Come see us then. Thanks so much. I'll see you tomorrow. Investors. Thanks so much for tuning in to Benzing.
As cannabis daily stock picks and news podcast everyday pre-market once again, this is not financial. Please do your own research. We hope we bring you the best and most efficient news for your investing. Continue to find us on benzinga.com/cannabis, spending a.com/podcasts or on YouTube on Benzing channel.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Episode Summary:
In today's Cannabis Daily episode highlights,
The three strongest stocks finished February strong according to The Ancillary Cannabis Index include:
- WM Technology (NASDAQ: MAPS)
- Chicago Atlantic (NASDAQ: REFI)
- Hydrofarm (NASDAQ: HYFM)
The strongest 4 names in February of Global Cannabis Stock Index according to New Cannabis Ventures were
- IM Cannabis (NASDAQ: IMCC)
- Flora Growth (NASDAQ: FLGC)
- WM Technology (NASDAQ: MAPS)
- Cresco Labs (CSE: CL) (OTC: CRLBF)
Green Thumb Industries (OTCQX: GTBIF) releases its Q4 and fiscal year 2021 earnings reporting its fiscal year 2021 revenue as $893.6 million up 60.5% YoY.
Village Farms Intl(NASDAQ: VFF) reports Total cannabis sales were up 168% year over year to 34 and a half million representing 47% of the entire company.
Valens Co (NASDAQ: VLNS) reports gross profit increase 9% to $6.3 million, they expect to hit positive adjusted EBITDA by end of 2022.
Cronos Group(NASDAQ: CRON) 59% revenue growth in the fiscal year 2021.
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Good morning investors happy Tuesday. I hope you all had a wonderful start to your week. I know it's a crazy time in the world right now, but I hope you are all able to go about your lives with success in cannabis investing. That is what this show is for my name's Elliot lane. Your host, this is cannabis daily.
Thanks to Aaron Thomas and Asli from the Benzinga team who make this. And to Benzinga for the platform, a few things first BZ cannabis.com. Please check it out. Come meet me on the beach in Miami, April 20th and 21st industry leaders go see our speaker lineup. It is incredible. This is the financial event in the industry, and we are proud to put it on.
Let's dive in though. Tons of company performances to discuss today down the cannabis line internationally. So let's start with a tier one operator green thumb. Industries G T B I F releases their fourth quarter and fiscal year 2021 earnings. Quarterly revenue is up 4% sequentially and 37% year over year.
And in the fourth quarter, they made $244 million of revenue. Their fiscal year 2021 revenue was 893.6 million. Get this up 60 and a half percent year over year in incredibly strong, a report here from green thumb industries. You think a lot of these tier one operators. Are somewhat at the top of the game.
Probably not a lot of room to run until we get some sort of federal movement that apparently was not the case. The revenue increases for GTI were driven by increased CPG sales in Illinois and Pennsylvania specifically. And they're driving revenue from 15 separate states. So obviously. Clearly a tier one operator in the space.
Let's go over to the tier ones of Canada with village farms releasing their own. For operating sectors that they pull from in their, within their company, Canadian cannabis, us cannabis village farms, fresh, which is the encompassing revenue line of their produce and village farms, clean energy. Total cannabis sales were up 168% year over year to 34 and a half million representing 47% of the entire company sales that is.
In 2022, it was 27%. So cannabis is driving an extra 20% of the company's sales for village farms. Pure sun farms remains the top selling dried flower product in a leading Canadian markets. I believe that includes Ontario. Us hemp activations soft quarterly sales of seven and a half million. That of course includes balanced health.
One of our acquisitions last year on a separate note for village farms, they did partner within O Y a cannabis Noya cannabis and cookies to bring cookies, cannabis concentrates to Canada, obviously a massive partnership for anybody valance V LNS on the NASDAQ and that village farms was VFS on the NASDAQ cafe.
Balance Q4 and fiscal year 2021 earnings, quarterly revenue of 18 and a half million down 12.3% sequentially. However gross profit did increase 9% to 6.3 million fiscal year 2021. Revenue was 78 million. They expect to hit positive adjusted EBITDA by end of year 2022, a few February performance outlooks for.
The us market specifically ancillary stock performance via new cannabis ventures and Alan Braxton's team maps, M a P S and or Weedmaps as the company is the best performer followed by Chicago Atlanta. They are R E F I on the NASDAQ and hydro farm, H Y F M. Very interesting to see three completely separate ancillary stocks at the top of this weed maps, obviously a technology plan.
Software a direct to consumer engagement for cannabis. A refi is a REIT in the space and hydro farm is a hydroponics company. The biggest laggard, unfortunately was I power IPW on the NASDAQ, followed by power REIT and Scott's miracle grow us operator stock performance in February via also new cannabis.
Big news. They break an 11 month losing streak with a 5% gain last month. Leading the way was goodness growth holdings, GD NSF on the OTC. I would say probably massively thanks to Verano coming in and acquiring them also on a strong month from forefront. FF MTF on the OTC and Charlotte's web holding CWB H F w a hemp CBD company their week or month from why CBD or CBD MD.
Why CBD is the ticker on the NASDAQ followed by a referee month for planet 13? And the said wellness bit surprised on the CBD MD front. They've had a pretty strong news flow. Recently. I said in wellness probably mainly affected from the new Yorker. Playing at 13, I think has just been a little quiet heritage cannabis, H E R T F receives a ceased trade order due to delay of filing necessary financial statements.
Also two major private companies in the space live well and pharma can officially complete their merger. So pharma can or LivWell will be wrapped into pharma. Can there Dalmore group, which is an investment bank specializing in assisting companies with regulation, a pluses crowds. And more is going to help Nassis holdings Corp with their $15 million regulation.
A plus round down Moore was the leading investment bank for companies such as gage for growth and Juva life among several others. The capital from the raise will mainly go for R and D a little bit of a wrap up to end our day here, Kronos group C R O N on the NASDAQ reports at 59% revenue growth in fiscal year 2021 from 22.
Grown up grown rogue, G R USF on the OTC announces fiscal year, 2021 revenue of nine and a half million up 121% year over year. There will be more reports throughout the day. I believe next leaf solutions is out. We'll touch on them tomorrow. With that being said, y'all have a wonderful Tuesday, make sure to check out benzing.com/cannabis for updates throughout the day on the cannabis sector until tomorrow.
Have a great one.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Episode Summary:
Sundial Growers (NASDAQ: SNDL) will be acquiring Alcanna announced an extension of the agreement outside date to March 30th, 2022.
Flora Growth(NASDAQ: FLGC) completed an acquisition of JustCBD. This will massively enhance the company's us infrastructure.
TILT Holdings (OTCQX:TLLTF) to launch a cannabis delivery service in Massachusetts.
Curaleaf Holdings(OTCQX: CURLF) : EXCLUSIVE: Curaleaf's Boris Jordan Responds To Russia-Related Allegations: 'Rumors & Misinformation Spread During Turbulent Times'
Elliot's Watchlist for today:
Sundial Growers (NASDAQ: SNDL)
Verano Holdings(OTCQX:VRNOF)
TILT Holdings (OTCQX:TLLTF)
Goodness Growth Holdings(OTCQX: GDNSF)
SugarBud Craft Growers(OTCQB: SBUDD)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Good morning investors, happy Monday. Hope you all had a lively, fun and or relaxing weekend, whatever you want to do. I hope you did it now. If you're ready to dive into another exciting week of cannabis industry news and stocks.
Get right to it as always. Thanks to Aaron Thomas. Thanks to Asli Thanks to Benzinga for everything you do to make this happen rate and review us, let us know what you think and come meet me. April 20th through 21st on Miami beach for our first 2022 canvas capital conference. However, we got some news to cover.
European commission makes to welcome updates for the CBD and. At least five companies in the EU have received news that their novel food CBD cases have reached the final stages. This will impact hemp production very positively for Europe. The second update is the European commission panel is to vote on THC levels in food.
Obviously food with cannabidiol. In it, which will help set standards in cultivation that are long overdue. So it's nice to see these developments happen. It's been several years that some of these have been put on delay and ideally we will see this move a little bit. I, it is interesting to see this happen now of all times in Europe, but it is a positive development for sure.
Sugar, bud S B U D on the OTC markets, a craft cannabis grower in Canada launches a new GMO, highly. Dry flower cookie product in Ontario, specifically that move it's 30% dry flower. So that is a nice update to their product portfolio. Keep them on your watch list. Craft grows will become an interesting part of the Canadian space.
There are hundreds of licensed producers in that market, so they will have to stick out. And I think sugar bud has an interesting model to do so zine Nerva. Yeah. Zaner about Z Y. He announces completion of enrollment in a 14 week phase two trial for XY gel. Is a leading cannabidiol biotech in the space.
XY gel is being developed to assist with behavioral symptoms of deletion syndrome in children and adolescent. Last week, you may have noticed curely take a little bit of a hit that is due apparently to Boris Jordan, their chairman his ties to his ancestry will say in both, I believe Russia and Ukraine.
But he did release a letter through Benzinga channels on Friday. He denounced any active sympathetic ties to Russia outside of the hope for peace between the two nations sundial and Al Canada announced an extension of agreement outside date to March 30th, 2022 sundial will be acquiring Al Canada.
Ideally, we all want this to go through Al Kana adds an extensive distribution network to sundial, as well as introducing the company to the alcohol sales. West Virginia House approved a bill to limit medical marijuana testing licenses. The, this will be a limit for two companies statewide to test the measure will go to the Senate.
Mad men, M N F on the OTC announces the sale of their Florida assets, four $83 million in cash. This includes medical cannabis, license, inventory, and operations. Big news again, out of four growth Corp that's FLDC on the NASDAQ. They complete an acquisition of just CBD. This will massively enhance the company's us infrastructure and CBG portfolio over 300 portfolio brand products for just CBD.
They have a direct to consumer business with over 300,000 customers and a network of 14,000 stores across the us and internationally just CBD generated around $28 million in revenue in 2020 goodness growth launches, a full line of cannabis flower in Minnesota. Obviously this is a huge boon for both goodness growth and Verano who announced their intent to acquire goodness growth and last but not least for the day.
Tilt holdings T L T F. Whenever they come out with news, they mean it. They are going to launch a cannabis delivery service from its Commonwealth alternative care Taunton dispensary in Massachusetts. If I'm looking at who to watch the. On a positive note, I'm looking at flora growth Corp, for sure.
I'm looking at tilt holdings. I'm probably looking at Verano V R N O F on the OTC as well as goodness growth with that being said the major players are getting some pressure. Folks like Alan Braxton from new cannabis ventures expect more stock selling to come. Hopefully not diluting too much of these major industry players keep an eye on the markets this week.
I know it's crazy out there. Y'all but cannabis is still a roaring industry. Great fundamentals looking forward to getting more investors on board in this space. This is Elliot lane looking forward to seeing you.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Episode Summary:
Tilray(NASDAQ: TLRY) has seen an active morning was down around 2.1% at 7:00 AM. They're currently up around 4% right now. It looks like they're going to have an exciting day over at Tilray.
Innovative Industrial (NYSE: IIPR) sees bullish market sentiment since reporting their fiscal year 2021. And Q4 results.
Cannabis use in Washington State skyrockets during the pandemic per the Seattle Times. Cannabis total sales in Washington exceeded $1.5 billion in 2021 sending $550 million in taxes back to the state.
Cantor Fitzgerald maintains an overweight rating on Green Thumb Industries(OTCQX: GTBIF)
Kiaro Holdings(OTCPK: KIARF) is a licensed producer or LP in Canada. They opened their sixth dispensary in British Columbia
Will cbdMD(AMEX: YCBD) outperform the market? The stock rates higher than 73% of cannabis stocks based on data compiled by Investors Observer.
Generation Hemp(OTCQB:GENH) joins Crypt Solutions, Inc to use hemp biomass as a biofuel feedstock to power the bitcoin mining equipment.
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Episode Summary:
South Dakota Senate approved bills to legalize and tax marijuana, as well as provide expungements for low-level cannabis offenses.
The legal marijuana industry employs over 428,000 full-time workers. They added over 100,000 new jobs in 2021 cannabis.
Jacques Cousteau's grandson launches a new cannabis brand seaweed, naturals that will be available in California.
The global cannabis beverage market will reach $2 billion by 2026.
Elliot's Winners for the day:
Arena Pharmaceuticals(NASDAQ: ARNA)
Emerald Holding(NYSE: EEX)
Chalice Brands(OTCQB: CHALF)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Good morning, my friends, and welcome to your Thursday edition of cannabis daily. This is your host Elliot lane as always producer 80 behind the scenes making this show run and thanks to Benzinger for the platform. Few things we want to call out as always come hang out with me on Miami beach, BZ cannabis.com.
You will literally see from all the major leaders of cannabis all the major CEOs and companies that you invest in on a daily basis. Speaking of investing, let's dive right in and chat about who's making news today. We're going to start with South Dakota naturally, right? South Dakota Senate approved bills to legalize and tax marijuana, as well as provide expungements for low level cannabis offenses.
However, you may know. You may think, wait a second. I thought South Dakota voters already approved legalization during the 2020 election. However, that reform was struck down by the state Supreme court, following a challenge from the governor's office. This is pro-marijuana moment.
If you think that's ridiculous, with you, but at least the voters have one and they finally got people into office that do what they want. So perhaps a South Dakota for moving. Per data acquired by Leafly and Whitney economics and the report from normal, the legal marijuana industry employees over 428,000 full-time workers.
They added over 100,000 new jobs in 2021 cannabis. I still believe is one of the fastest growing global industries for employment, incredible data there and incredible. This speaks to cannabis as a whole new Jersey's top marijuana regulators has rushing into licensing. Recreational businesses will allow large multi-state operators to dominate while locking out small local entrepreneurs.
This call for pause is coming from frustration of the delay in New Jersey. So there is some discontent over New Jersey from, it seems both sides of the coin. From Forbes, Jacques Cousteau's grandson launches a new cannabis brand seaweed, naturals that will be available in California. I'm not going to.
I want to try it. And that's that we have arena pharmaceuticals. This is ticker a R N a. They report their Q4 and fiscal year 2021 earnings. You're asking, wait a second. Arena. Yeah, arena has a cannabis video based drug for IBS recently announced an acquisition from Pfizer giving what some would say is the pharma.
Entrance into cannabis. Arena has several phase, two and three drugs to speak of. I believe they had less than a hundred thousand dollars of revenue in their R and D expenses were over 110 million. This is definitely a watch Lister for me when it comes to the biotech industry, specifically within cannabis.
Next up Emerald holdings. This is nicely listed E X reports, their Q4 in 2021. If you remember, they just announced a plan $120 million acquisition of M J biz. This is of course a large media site and the largest conference that most will think of when it comes to the cannabis. And it had a net loss of $78.1 million last year, compared to $633.6 million net loss in 2020.
So a massive step up there in terms of performance, obviously you have to imagine Emerald holdings was pretty effected by COVID there being a major conference B2B conference provider. So it seems like. Coming back. And as somebody who leads event sales for a company this is a positive sign I'm rooting for this company to be great.
I think it bodes well for a lot of companies that, that do similar activities. They ended the year with $230 million in cash on hand and full availability of their $110 million. The facility. So it seems they're doing much better than this time. Last year, per report, linker.com. The global cannabis beverage market will reach $2 billion by 2026 Chavez brands, C H a L F on the OTC pre announces they're 61% year over year Q4 growth and record yearly revenues in Q4.
They had $8.9 million in revenue and in 2021 as a whole 2019. $3 million. Their fiscal year 2021 rev was up 34% from 2010. For chalice brands, this is their fifth consecutive quarter of positive adjusted EBITDA and first ever full year of positive adjusted EBITDA. So props to that team, that's very impressive in diva in D V a F on the OTC launches, a new edible made for microdosing.
Super cool. And last but not. It seems I can't do a podcast without talking about our good friends at high tide NASDAQ listed. H I T I recognized as a top 10 ranked company in the diversified industries sector by T S X venture 50 for 2022. If I'm looking at. Who do I invest in today? There seems to be a lot of good news.
I am keeping a RNA on my watch list. I'm taking a look at Emerald holdings. EEX impressive year over year improvement there. And also the, you gotta look at MJ biz, if you want to support the anciliary side to cannabis. And I'm also looking at chalice brands, C H a L F very impressive fourth quarter setting themselves up for a positive 20, 22.
So challenged brand. Emerald holdings. Let's do this again. One more time. Tomorrow. Y'all tune into cannabis insider today at 4:00 PM Eastern time where we talk with the CEO of Simon taking it to the psychedelic side. And if you miss it today, just Thursday, February 24th, you can catch it again. Evergreen on Benzing as YouTube until tomorrow.
Hey investors. Thanks so much for tuning in to Benzing. As cannabis daily stock picks and news podcast everyday pre-market. Once again, this is not financial advice. Please do your own research. We hope we bring you the best and most efficient news for your investing. Continue to find us on benzinga.com/cannabis, spending a.com/podcasts or on YouTube on Benzinga.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Episode Summary:
New York hemp farmers can apply for conditional licensing to grow cannabis for the adult-use market in the state.
A new twist from the MedMen Enterprises(OTCQX:MMNFF) and Ascend Wellness Holdings(OTCQX:AAWH legal Battle
Arizona sets marijuana sales record with $1.4 billion of cannabis sold during the first year of legislation, adult-use was around $650 million and medical marijuana was around $752 million in sales.
The global medical marijuana network will reach a valuation of $76.5 Billion dollars by 2031.
HEMP
HEXO
Elliot's Winners for the day:
HITI
TCNNF
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Good morning investors. Hope you are having a wonderful Wednesday so far. It is hump day. It's raining in Raleigh, North Carolina We're going to have a great day investing in cannabis. We're in a chat about what's going on. Definitely some companies you want to keep an eye on today, but as always, thanks to Aaron Thomas for producing this show.
Thanks to Asli for getting this up on our podcast network and thanks to Benzinga for the platform. Super excited to dive in today. First and foremost, we're going to be talking about in New York and Arizona for sure. Today, New York, governor Kathy. signed a legislation yesterday. Opening. For New York hemp farmers to apply for conditional licensing to grow cannabis for the adult use market in the state.
This is putting New York farmers first and also hoping to have enough product by the time the market fully launches, which I'm pretty sure is not too far away. So hopefully this isn't too little too late. However, I think goodness. For the state residents and state farmers currently next up we have Arizona.
They set marijuana sales record with $1.4 billion of cannabis sold during the first year of legislation, adult use was around 650 million and medical marijuana was around 752 million in sales, December adult use sales, however did surpass medical. Some trends yet to come in 2022 cannabis sales contributed nearly $218 million back to state funds and taxes.
So obviously great news for Arizona. They're doing very well in their cannabis program. Probably one of the best to launch it thus far. As always, we can't do cannabis daily without a little drama here and there. We have a new twist from the med men and ascend wellness. Battle and call it what you want.
Just a little quick recap about what's going on though. Madman, M and F on the OTC. One of the OGs and the space wanted out of a deal that they did agree to with us in wellness, a w H on the OTC their assets obviously took a turn. For the better that they had agreed to sell to ascend for money.
That was probably less than what they are worth now because the New York market is going legal. So they are a sin wellness of course is filed a suit against them saying you can't back out of this. Med men filed a countersuit saying they put political pressure on governor. Administration now lawyers from a wellness are saying madman has indicated it will withdraw its allegations that ascend executives put political pressure on governor hotel's administration to approve a medical marijuana law license transfer between the two companies.
So I guess it's all going away. I don't know. I doubt this is the end of it, but for the moment I looked like they were putting a pause button on. Hemp incorporated OTC listed H E M P fantastic ticker for the company. You got to admit reports that hemp Crete was submitted as an appendix in the international residential codes.
Last month by the U S hemp building foundation. This will take through at least September to see results, but if approved hempcrete will be a natural building material in the U S and hemp incorporates. We'll probably be a much more valuable company. So keep an eye on them. However not for awhile, really high tide hit on the NASDAQ celebrates 420,000 Kana cabana loyalty members.
They will officially celebrate this with an exclusive prize giveaway on four 20. They are the largest. Retail footprint in Canada with, I believe now 111 brick and mortars, a huge loyalty program. They are doing things right. They haven't ciliary sales here in the U S with bonds, with and ciliary products for cannabis.
Just a massive company that I think will end up being a global player study by persistence market research announces that the global medical marijuana network will reach a valuation of 76 and a half. Billion dollars by 2031. That was a massive number last but not least markets did not react kindly to the Hexo news yesterday with her placing their board of directors completely today, eh, not much news on the stock, but we'll keep an eye on this with that.
Have a wonderful day of investing. If I'm looking at winners for the day, you got to think of high tide, EITI wins again. You've got to think of Arizona stocks, such as TC in NF that are winning from their massive amount of sales in the states. Would that being said, have a wonderful day, have a wonderful rest.
Your hump day and we'll see you again tomorrow. Hey investors, thanks so much for tuning in to Benzing. As cannabis daily stock picks and news podcast every day. Pre-market once again, this is not financial advice. Please do your own research. We hope we bring you the best and most efficient news for your investing.
Continue to find us on benzinga.com/cannabis, spending a.com/podcasts or on YouTube on Benzinga.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Episode Summary:
Trulieve Cannabis(OTCQX:TCNNF) will now be the exclusive provider and seller of Khalifa Kush, which is Wiz Khalifa's cannabis brand in the state of Florida.
Tilray Brands(NASDAQ:TLRY) Continues To Expand Footprint through subsidiary Sweetwater.
Elliot's watchlist for the day:
- Turning Point Brands(NYSE:TPB)
- Flora Growth(NASDAQ:FLGC)
- Tilray Brands(NASDAQ:TLRY)
- Jushi Holdings(OTCQX:JUSHF)
- Trulieve Cannabis(OTCQX:TCNNF)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
This is Elliot lane hosts of cannabis daily. Thanks to Aaron Thomas for producing. And Benzinga for the platform. Tons to talk about today though. We're going to start overseas with the isle of man, which if you did not know a little geography lesson for you is located in the middle of the Irish sea between Ireland and the UK.
It is now a proposed site for a huge new cultivation facility by PO. In R E, which is a, from local to the area, citing news for the isle of man, Maryland lawmakers back to the U S are now putting the marijuana legalization measure on the November ballot. When I think of companies that would benefit from that, I'm thinking.
Mr MD, I'm thinking Curio wellness which is a leading single state operator in the game. South Carolina, federal judge J Michelle Childs handed down a 12 year prison sentence in 2009 for a non-violent marijuana offense, which is a decision that has some we'll say more left leaning, politicians, not super excited at her being a potential Supreme court nomination.
Sweet water, which is of course, a subsidiary of Tilray T L R Y a. It is the 11th largest craft brewer in the U S is now bringing the west coast style bruise to the Pacific Northwest in a partnership with Columbia distributing. So this will hit Oregon. This will hit Washington. And once again, Tilray expanding its footprint through unique means and distribution models in the us.
Juicy J U S H F on the OTC announces the launch of a suite of new products in Massachusetts. They're going to begin the rollout with the launch of flower sales for our growth core, probably the winner of the day. I think FLDC on the NASDAQ has completed the submission of 23 of its branded products to the Colombian FDA.
These will be the first food and beverage products with cannabinoids approved in Columbia, massive round of applause for FLDC. They also expect to begin export of their infused gummies and juices under its Mamba brand. This quarter furthering its us expansion. So FLDC tons of news recently, tons of aggressive.
Takes this kind of an exciting time to be looking at FLDC high tide hit Ireland NASDAQ. Another favorite of mine in particular. No recommendations here, though. Certain of cabana locations are now watching delivery on demand. Very exciting for their. Followers in the can of cabana loyalty program, TGI F, which is on the OTC, which is 1933 industries announces the sale of a non-revenue driving real estate assets, turning point brands on the ninth.
T P B is a leading provider of ancillary products to cannabis and tobacco announces their Q4 2021 earnings. The fiscal year 2021 net sales rep around 10% year over year. They totaled at around 445 and a half million, or just to EBITDA was up almost 20% year over year. Just two more here. Clever leaves.
See LVR announces the expansion of their partnership with German canvas manufacturer and wholesaler cancer TIVA, which also of course just received their funding from Casa Verde. And last but not least, we can't forget whiz calling. You say what TC NNF that's through leave a will now be the exclusive provider and seller of Khalifa Kush, which is Wiz Khalifa's cannabis brand in the state of Florida.
So if I'm looking at what stocks to look at today, I'm feeling pretty good. If I'm a TPB shareholder, I'm feeling pretty good. If I'm an FLDC shareholder. I'm going to keep an eye on clever leaves and Jewishy until re but my winners for the day for sure are TPB. And FLDC, this is Elliot lane. Thanks so much for tuning in.
We'll probably have a ton more this week, as we always do tune in rate and review us, tell your friends we look forward to seeing you in Miami BZ, cannabis.com, April 20th and 21st. Come get away, hang out on the beach. Learn from the industry leaders in cannabis until tomorrow y'all.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Episode Summary:
War of the New Mexico Senate Committees continues.
ResearchAndMarkets.com reports the likelihood of the South African Cannabis/CBD market growing at a compound annual growth rate of 28.4% between 2022 and 2026.
Leafreport announced the launch of four calculators designed to help consumers determine whether their CBD product content matches their labels.
Canadian retail cannabis sales increased 29% in December to a record of $382 million.
Elliot's picks for the day:
High Tide(NASDAQ:HITI)
Vext Science(OTCQX:VEXTF)
Tilray (NASDAQ:TLRY)
Cronos Group(NASDAQ:CRON)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Good morning investors. It is feel good. Fantastic Friday. Thank you so much for tuning into cannabis daily. This is your host Elliot lane. Thanks as always to producer Aaron Thomas and benzene.
For the platform, we bring you your daily dose of cannabis news in five to six minutes and 23 seconds. So let's dive in. Let's see if I can keep it under my six minute 23 second timeframe, lots to talk about this week. It's been a packed week of cannabis news. If you haven't been following the markets, that's okay.
They're always in flux. But let's dive in New Mexico making news two days in a row, a Senate panel. On Tuesday nights, voted to top voted to tie part of the state's tax revenue from cannabis. To addiction treatment, but minutes later, another Senate committee reversed that call and took the measure out some of the argument against, including that part of the bill for addiction treatment saying it was not enough.
They need to do more and dedicate more to addiction treatment throughout the state. I think it was somewhere just over 200. Million that was dedicated through this bill. So maybe we'll see more in terms of tax revenue, dedication soon. But that is not going to be a part of the bill at the current time.
High tide hit on the NASDAQ, opens our 60th can cabana location in Alberta making them, or bringing them to 111 brick and mortars overall. Flower core FLP w FL WPF. I can talk today. Y'all wow. Is divesting a non-revenue driving asset to Hawthorne Canada for $16 million. The asset is an R and D facility in Colona.
So flower. Maximizing its cash there. And moving on to other sources of revenue, Veridian capital advisors initiates coverage on vexed sciences this morning. That's V E X T F. They are initiating a buy rating and an 83 cent price target. They claim vexed is an underappreciated Arizona opera. With the leading profitability.
So hi, words of praise from Meridian for vexed research and markets.com reports the likelihood of the south African market growing at a compound annual growth rates of 28.4% between 2022 and 2026. So if you have a chance to invest in that market, it sounds like it might be something to look into. I can't really name you any stocks that are active in that market at the moment, but I'm sure that will change as that market.
Leif report.com announced the launch of four calculators designed to help consumers determine, first of all, whether their CD CBD products, content matches their labels. Second of all. To help them discover their individualized dosage rate of CBD. And lastly, to decide whether or not the products are worth, the price based on potency leaf report is the self-proclaimed CBD industry, watchdog website out of Israel.
These tools and calculators come from the recent. Polls and surveys that 42% of CBD users determine dosage based upon trial and error and 71% of CBD users determine dosage without consulting a professional. I did not take that survey. However, I am solidly in that 71%. So maybe this is something we should look at.
Maybe this is a calculator. I should definitely take a look at diesel beverages launches, a crowdfunding campaign on Wi-Fi. If you want to get in, even earlier than a stock this may be your opportunity. They are going to begin us distribution of a new line of innovative cannabis, terpene infused beverages.
It's very interesting. Their elevate holistics and multi-state solution provider in the medical marijuana industry is bringing its platform to simplify the process of obtaining a medical marijuana card to drum roll, please, Iowa. Awesome news for the Hawkeye state there. Thanks to elevate holistics for moving medical marijuana.
One step forward for that consumer base Kronos. We haven't heard much out of them recently, but we are today. They released their Q3 revenue, which is at 79% year over year to 20 and a half million. Last I checked, they were up 2.6. Now it's about one and a half percent. Pre-market so Margaret is happy to see some Kronos news that doesn't involve a management cease trade order.
So perhaps to that scene there clearly C U R L F opens their 15th and 16th dispensary is in Pennsylvania bringing their nationwide, total to 120. Meanwhile, Columbia care, CCH WF on the OTC opens their second West Virginia location of five and 2022 bringing their total of operating dispensary's 2 99 last and not least no need to talk about.
Yes, I did just go there. Let's chat about Canada. We talked about Florida yesterday, or we're going to go north today. Canadian retail cannabis sales increased 29% in December to a record of $382 million props to the Canadian market prompts to those who still find value in. I not comparing us to MSO investors there, but it is a growing market still.
There is a lot of consumers there. Keep an eye on Canada, Canadian stocks. Obviously you have your tier ones like CGC sundial. Vale village farms, Kronos, Aurora tons of tier twos and threes to keep an eye on, like in diva, Delta nine flower Corps. We talked about today. But that being said, my watch list today, drum roll, please.
You can't not talk about vex sciences props to those guys. I'm a big fan of high tide. H I T I, and keep an eye on the stocks of Tilray and Kronos today. I imagine they will have. Interesting day in the markets. I hope you all have a wonderful weekend. We will do this again next week and darn it. I'm like four seconds late, whatever.
Hey investors, thanks so much for tuning in to benzene as cannabis daily stock picks and news podcast everyday pre-market. Once again, this is not financial advice. Please do your own research. We hope we bring you the best and most efficient news for your investing. Continue to find us on benzinga.com/cannabis spending a.com/podcasts or on YouTube on Benzing has channel.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Episode Summary:
Alabama state senators approved decriminalization in an initial committee vote.
New Hampshire lawmakers pass the bill through the first step here, but the bill for legalizing the sale of marijuana supports state-run marijuana shops.
Cantor Fitzgerald takes a closer look at Florida. The Florida market has continued to slow in Q1 of 2022. Florida remains the industry leader with a 50% flower volume share in the sunshine state and 41% non-flower volumes.
Tilray Brands(NASDAQ:TLRY)
Columbia Care(OTCQX:CCHWF)
Khiron Life Sciences(OTCQX:KHRNF)
cbdMD (AMEX:YCBD)
Curaleaf Holdings(OTCQX:CURLF)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
What is up people? It's Thursday. This is Elliot lane host of cannabis daily. Thanks so much for tuning in really happy to have you. We bring you your cannabis insights on the public markets on what's happening in the industry. Every single weekday, roundabouts 10:00 AM, maybe hit or miss by a couple of minutes, but we do this in five to six minutes.
Let us know, rate, and review us. Keep us in mind. Hit us at bzcannabis.com. If you want to come meet benzinga.com/cannabis to stay updated throughout the day we post 40 -50 cannabis articles every single day. Let's dive into this morning. Lots of interesting things happening till rates. He L R Y on the NASDAQ, you all know it and potentially love it.
They launched medical cannabis products in Malta. One of the earliest to legalize marijuana in the European union will say, or in Europe. So Tilray expanding their footprint even more this year. New Hampshire making some weird news today. Lawmakers pass the bill through the first step here, but the bill for legalizing the sale of marijuana supports state run marijuana shops.
This would keep punishments for home cultivation and public consumption in tax. Question mark. This leaves New Hampshire open for federal prosecution by having state employees sell a federally prohibited drug. I'm just all around confused on this one. Somebody who's going to have to walk in and make sense of this for me.
The state run marijuana shops, making it a government quote, unquote monopoly. This is a very interesting move. I would expect this to get a lot of pushback. Everywhere. All right. Alabama state senators approved decriminalization in a initial committee. So props to Alabama there, ideally they're not going to follow a New Hampshire footsteps.
A new bill is being discussed in New Mexico, which is sparking some old debate over water usage. The latest version of Senate bill 100 would remove a requirement for producers to show proof of a valid water, right before receiving a cannabis license. Obviously the, without this amendment A barrier for entrance into the industry from small business owners and just business owners in general, for cannabis that does not exist for other crops.
So right now, New Mexico lawmakers are looking to fight it out and get rid of that rule for cannabis growers specific. Columbia care. CC HWF brings award-winning cannabis brand to Brooklyn with the rebranding of its New York dispensary. So expanding cannabis in multiple states as they are leading MSO in this market tilt holdings, we haven't talked about Gary Santos team much recently, but they're always working hard behind the scenes T L LTF on the OTC enters a multi-state agreement.
Toast to bring toast skews to Massachusetts, Ohio and Pennsylvania toast is an Aspen Colorado based cannabis brand. A very well known definitely a win for tilt Kyron life sciences. This is K H R N F adds another medical cannabis clinic in Peru through its partnership with pain clinic CDL. I think Kyron is definitely a watch list or I've said it all along.
But if there's Latin American winners Kyron. Among them. And they are truly forming an international medical cannabis company right now with a presence in Europe as well. Pre-market movers. Speaking of international presence included why CBD was stolen NASDAQ today, gaining more than 16% pre market.
After the fact we find out that they received validation of its novel food application from the UK F S a they expect European union validation in the coming weeks. Huge for why CBD props in the CBD MD team. I'm sure this has been a long process for them. Need them reaffirms their by rating on Kiraly.
If I think that was a relatively easy call, Cura leaf is awesome. C U R L F on the OTC. If you are not familiar with the tier one growers and operators in the globe, they're definitely probably among the top three to five last but not least. Let's do a little update on the Florida. All right. So in a recent analyst note, Pablo's want it from Cantor.
Fitzgerald takes a closer look at Florida's operators mainly regarding store trends and total sales growth. The Florida market has continued to slow in the first quarter of 2022. Truly it remains the industry leader with a 50% flower volume share in the sunshine state and 41% non flower volumes.
They're just absolutely dominating their TC in an F on the OTs. The other players in the state of course are consortiums, fluent. You have air wellness. I ant this and Cresco to name a few of the big ones. The cure leaf is their med men, GTI Columbia care Verano. Most of your major tier one operators are there.
Specifically air consortium. I ant this in Cresco, grew sequentially both in the last quarter of 2021 and the first quarter of 2022. So there is some competition coming for truly, but they got a long way to go with that being said, I hope this has been useful. Thank you so much for tuning in. Always happy to have you.
We're going to do this one more time tomorrow rate and review us, let us know what you think. Share this with your friends. We want this news to be actionable for. Everybody makes money in cannabis. That's what we say here at Benzinga or what we want to say. Thanks again. Y'all we'll see you tomorrow.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Episode Summary:
Cansativa - a major European company raises a $15 million series B round led by Snoop Dogg's fund. They have the goal of being Amazon in European cannabis.
Neptune wellness solutions is now entering Walmart via a collaboration with CoComelon. They will include a range of offerings, including baby food pouches for six months and up.
FLGC
GPFT
INCR
ICAN
Elliot's Winners For The Day:
Neptune Wellness Solns(NASDAQ: NEPT)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Hello, everybody happy Wednesday. This is Elliot lane, host of cannabis daily, bringing you the news a little later than normal. My apologies, those pesky doctor's appointments will pull you away from what you really want to do, which is talk about cannabis stocks. Talk about cannabis news. But we're going to dive into that right now.
Give you a little recap of the morning. And pushing the day ahead. So we're going to keep this under six minutes though. So let's dive right in flora growth Corp that's FLDC on the NASDAQ signs, an agreement with Israeli based company, our toes to send 3,600 kilograms of cannabis for the Israeli market RD.
The company or a consumer products, distribution company with 4,000 distribution points across Israel. So obviously this is a massive partnership for FLDC very excited to see how this develops, but they're going to be reaching new consumers, new markets in ways that they haven't before. So props to that team, definitely going to keep an eye on them.
I think they were up this morning. Schwas SHW Z closes another acquisition of brow. To this is 37,000 square feet of cultivation facility for six and a half million dollars in cash. So they are continuing their really aggressive expansion of Colorado. Obviously getting some more cultivation to power.
Those dispensary's that they've been acquiring. Great fruit USA. I think possibly my favorite name of a cannabis company, grapefruit USA. They announced a term sheet with Dubai based lender, Al Hab tour group to build the GPF T mothership GPF T is their ticker on the OTC and the mothership they are referring to is going to be a two acre lot in desert Springs, California.
That will be developed to power. Their cultivation their product lines. So this is exciting. They are a mix of biotech and other markets within cannabis. So an interesting company to keep an eye on, not one I'm invested in quite yet, but I'm definitely interested to see how. Moves forward for them inner cure.
Another Israeli based company I NCR on the NASDAQ is to acquire another Israeli based medical cannabis company for $24.7 million in stock. The company is better. This acquisition is expected to expand inter cures, global reach and accelerate international expansion strategy, two major markets worldwide.
I love iINCR I think they have an amazing. Leadership team. I think they have an incredible reach. They are definitely one of the largest international operators, not based in north America. Iconic brands. That's I C a N icy brands. They're all listed on the TSX as ICA. And issued a cease trade order today by the British Columbia securities commission, due to a delay in filing a financial statements and management and analysis can sativa.
This is a major European company raises a $15 million series B round led by Casa. They are Snoop Dogg's fund. They have the goal of being Amazon in European cannabis. They are a big name in that space, so obviously a little bit early on in their lifespan, but I expect them to be a major player in Europe and internationally item nine labs.
That's INL be on the OTC. Their revenue was up a hundred, 104% in the earnings they released yesterday year over year. That is 6.2 million total. Their stock was up significantly, but to rebound a bit negatively today. But overall, still a strong showing I think from item nine labs recently, definitely one that's on my watch list.
One that I'm going to keep watching as they build their revenue, build their footprint and build their franchise model. I think probably to be the leader in the sense of that space. I think. Biggest winner of the day. For me, it has to be Neptune wellness solutions. That's in EPT on the NASDAQ, their subsidiary sprout organics is now entering Walmart via a collaboration with none other than Coca Mellon.
If you are. Any child whatsoever, you know what Coca Mellon is? We could all probably seen the sing the little theme song together, but I will spare you that you're welcome. But this will include a range of offerings, including baby food pouches for six months and up. So I think a massive boon to the current.
If you want to hear from Neptune directly from their CEO, they will be on Benzing as all access show Friday, February 18th. That's this Friday morning. So keep an eye on Benzinga YouTube, Tetra bio-pharma TBP and F on the OTC was approved for a four and a half million dollar loan from Quebec authority.
Needham maintains a buy rating on GTB. I F. Green thumb industries. They're listed on the OTC. No surprise. There they are a major player in the industry. And one of the biggest movers in all of stocks yesterday was I power IPW on the NASDAQ. They were up 39% yesterday. On their quarterly earnings release.
They are down 5% today, but obviously still a winner overall for the cannabis segment this week. So if I'm looking at stocks to wash a day, you got to talk about Neptune and Koka Mellon props to them. I think INL B has deserved a win there and flora growth Corp to me, FLDC along with insecure. So for winners, Today, keep an eye on all four as we move through the end of the week.
This is Elliot lane. Thanks so much for tuning in. Really appreciate it. You all let us know what you think. Rate and review us tune in tomorrow. We'll be back on time at 10. Thanks so much.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Episode Summary:
New York majority leader and other lawmakers have filed a legislation that will grant temporary marijuana licenses to hemp growers, and processors to help the state prepare for a timely launch of the adult use market.
Limiting hemp production reduces the chance of survival for all life. Hemp represents a climate-safe, alternative to fossil fuels and nuclear energy.
The Southern University Agricultural Research and Extension Center in Baton Rouge, Lousiana is launching a hemp-derived CBD product line, ALAFIA, with Ilera Holistic Healthcare.
Elliot's Watchlist for the day:
Trulieve Cannabis(OTC: TCNNF)
OrganiGram Holdings(NASDAQ: OGI)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Episode Summary:
Aurora Cannabis(NASDAQ: ACB) gets a reiterated hold rating from Piper Sandler analyst, Michael Lavery on Friday.
Representative Ed Perlmutter from Colorado: "safe banking bill will make it through the Senate and to the president's desk by the end of 2022."
Willie Nelson and Skechers made a hilarious Superbowl commercial.
Stocks Mentioned In The Episode:
Northern Lights (NASDAQ: NLIT)
MedMen Enterprises(OTCQX: MMNFF)
Australis Capital(OTCQB: AUSAF)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Good morning investors happy Monday. I hope you all had a fabulous super bowl. Sunday, a wonderful weekend. Not gonna lie. I thought it was a great game. If you like defense, it was a good game. It was fun to watch. Wasn't a classic per se, but honestly, you can't be mad at Cincinnati. The effort they put out in for Rams fighting back, it was a lot of fun.
Looking to the cannabis news of the world today, though. Let's not forget why we're here. This is Elliot lane, host of cannabis daily. Thanks as always to Aaron Thomas. And Benzinga for letting us do this. But we're here to bring you daily insights into the cannabis industry and stocks to why.
Speaking of cannabis stocks, they ended up last week for the second straight week, sends a pretty bad start to the year. I think over the last couple of weeks, we're up around 15 and a half percent. So all the major larger cap stocks of the cannabis space are looking pretty solid at the moment. Let's all cross our fingers, cross our toes, cross our legs, cross everything you can the trend continues.
Looking at things that may affect this though. Representative ed Perlmutter from Colorado, he is the safe banking champion says he's confident his bill will make it through the Senate and to the president's desk. By the end of the year, strong words from red from ed Perlmutter. Since having this, having had his bill gone to the Senate for this is the sixth time.
So let's hope he's right on this. Before he leaves office, the Ohio view, Ohio state Senate president says he will not bring a marijuana legalization measure to the floor. Activists who made the legislature considered. Now I have to gather more petitions to place it on the November ballot. This is per marijuana moment.
This is unfortunate news for progression in Ohio. That being said, there's a lot of support for cannabis legalization in that state. So I do expect those petitions to happen. Shout out to Willie Nelson. Let's take it back to the super bowl. Willie Nelson and Skechers made a hilarious Superbowl commercial.
And about legalize it. I encourage you to watch it. I'm not going to spoil it for you, but it was fantastic. And that's about as close as cannabis can get to super bowl commercials. We've had attempts and we've had been shut down. So props to those who are still trying, but major props to Willie Nelson and Skechers my opinion.
One of the highlights of the commercials for. Northern lights, acquisition court. This is NASDAQ listed in L I T a speck on the NASDAQ enters into a business combination proposal with safe Harbor financial safe Harbor provides financial services and access to banking solutions for cannabis businesses.
Safe Harbor was one of the first cannabis focused commercial lending platforms and has an actionable pipeline of over 300 million in near term opportunities. The estimated value. Post-transaction is around 327 million. So this could be a very strong lending platform to consider for future watch listers madman.
In FF on the OTC losing another sweet C-suite this time their chief revenue officer. They're taking some hits in that department. Recently. This is cleared up soon. Next step, just a few more here. Audacious brands at USA on the OTC closes $10 million financing facility with LDA capital.
They were a very interesting MSO and international operations. Tetra bio-pharma and are entering into a strategic partnership more on that tomorrow. And then last but not least Aurora cannabis ACB gets a reiterated hold rating from Piper Sandler analyst, Michael Lavery on Friday. This has been a fantastic start to the week.
We are looking forward to doing this again tomorrow. Thanks as always hope you had a great Superbowl. We'll talk to. Hey investors. Thanks so much for tuning in to Benzing. As cannabis daily stock picks and news podcast everyday pre-market. Once again, this is not financial advice. Please do your own research.
We hope we bring you the best and most efficient news for your investing. Continue to find us on benzinga.com/cannabis, spending a.com/podcasts or on YouTube on Benzinga channel.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Episode Summary:
Mississippi power company, Tennessee Valley Authority, announcement causes confusion.
CEA Industries announces a $24 million public offering.
India Globalization Cap(AMEX:IGC) completes phase 1 trials of a THC-based drug to treat Alzheimer's.
Needham maintains a Sell rating on Aurora Cannabis(NASDAQ:ACB).
cbdMD (AMEX:YCBD) miss their earnings by around 300%, which was followed by a 17.7% increase in share price.
Elliot's Watchlist For The Day:
- Harborside(OTCQX:HBORF)
- Innovative Industrial(NYSE:IIPR)
- Ascend Wellness Holdings(OTCQX:AAWH)
- Anebulo Pharmaceuticals(NASDAQ:ANEB)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Thanks as always to Aaron Thomas for producing this wonderful show. We are here to bring you your cannabis news and insights on the markets on the industry every morning in five-ish six-ish minutes or less. So let's dive right in Harbor side and pylorus equity group complete their first funding traunch totaling around 45.3 million.
Polaris will be funding, Harborside, urban leaf, and loud pack ahead of the close of. House holdings transactions. So once all these three merge they'll be called state house at the moment, there's still three becoming one about Polaris equity funding. This in a major way. Polaris is well-known I think is one of the main lenders and REITs in this industry or REIT being a real estate investment.
Next up if you missed it, Mississippi announced a medical marijuana bill earlier this week that passed the house, passed the Senate. Governor signed it into law. Next part of that story, if you missed it earlier this week, Mississippi power company, Tennessee valley authority announced that they would refuse to supply power to marijuana businesses as they are still federally, as marijuana is still federally illegal and TVA is a federal company.
They received quite a bit of condemnation from advocates, from conf, from congressional lawmakers and from a key Mississippi regulator, they are now walking back the threats to do so by saying it won't be taking such action, but would be looking for federal guidance on the matter, LOL TVA's announcement caused major confusion.
According to one Northern Mississippi commissioner. And caused some businesses to reconsider. Having their facilities, having their cultivation land in Northern Mississippi. So TVA has done nothing but cause harm to the young industry that is their cannabis, medical marijuana program in the state on maybe.
Good bits of news, South Carolina state Senate formally sends their medical marijuana bill over to the state house of representatives. Next step CEA industries announces a $24 million public offering and a NASDAQ listing C E a D will be the ticker CA D is focused on controlled environment, agriculture systems, engineering and technologies.
AKA. They are an up and coming, if not. Solid competitor in the hydroponics landscape of the ancillary side to cannabis and other agriculture India. India, globalization capital. This is nicely listed. IGC is a company headquartered in Maryland. They're also engaged in the development of cannabinoid based therapies for health care applications announced their Q3 2022 earnings.
I thought this interesting as we've not called them out on this podcast to date but their company completed phase one trials of a T H C based drug to treat all signers. They're planning to submit a phase two trial. With of course, a lot of placebo applications to it, to the FDA relatively soon. The company has a line of CBD topicals recognized by USA CBD expo as the best full spectrum hemp CBD topical revenue was around 135,000 last quarter, as opposed to 56,000 the prior year.
Overall, I think a watch Lister than that. Value of this company, to me is the THC based on Alzheimer's drug relatively early, but something definitely to keep an eye on keeping in the theme of pharmaceutical based cannabinoid companies. We have NASDAQ listed and Nebula pharmaceuticals, a N E B announced Q2 2022 earnings.
They initiated a phase two trial of their drug, which was focused on developing novel solutions for people who are suffering. Cannabinoid intoxication and substance abuse. So they are. Looking to treat those who are affected negatively by cannabis intoxication. They currently have around $18 million of cash and cash equivalents.
Their quarterly operating expenses were around 1.1 million. So overall I think a decently strong pharmaceutical company for this industry, neither. Needham maintains a cell rating on Aurora that's NASDAQ listed ACB after Aurora's Q2 2022 financial results at Aurora's earnings showed no reduction in net loss.
The company reaffirmed adjusted EBITDA. Profitability by the first half of 2023, and ideally realizing 60 to 80 million in cost savings. By that same timeframe, Aurora reported a $75.1 million loss in the quarter with net revenues of six. Million, not a strong showing from one of the oldest cannabis companies globally.
I P R this is innovative industrial properties. One of the leading real estate investors in the game of cannabis they acquired a New Jersey property to expand their real estate partnership with ascend wellness holdings, which is listed as a w H on the OTC two very strong stocks in this industry.
Being a major investment vehicle. And AWS being one of the leading tier two MSO is probably approaching tier one status in the next year or two, definitely a watch list or for me last but not least CBD MD, miss their earnings by around 300%, which was followed by a 17.7% increase in share price. The revenue was at around 3 million year over year.
This is forming a trend looking at Neptune yesterday and CBD MD on the larger scale. In terms of the missed estimates that the revenue up year over year seems to be a stronger indication than the estimates as to how the markets will react to these earnings. With that being said, if I'm looking at this today, I'm thinking Harbor is looking good.
That's H B O R F on the OTC. I'm thinking IPO. On the NASDAQ, I'm thinking a w H on the OTC, I'm also going to keep an eye as a watch list or on a Nebula eight. And he be on the NASDAQ for quite some time. But with that being said, this is Elliot lane. I hope this is interesting. I hope we're bringing you the information you want as an investor into cannabis and into the cannabis industry.
Let us know what you think until Monday. Fabulous weekend. Hey investors, thanks so much for tuning in to Benzing. As cannabis daily stock picks and news podcast everyday pre-market. Once again, this is not financial advice. Please do your own research. We hope we bring you the best and most efficient news for your investing.
Continue to find us on benzinga.com/cannabis spending a.com/podcasts or on YouTube on Benzing has channel.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Episode Summary:
A survey conducted finds interesting effect for cannabis consumers.
South Carolina Senate approves medical cannabis bill.
- Schwazze (OTCQX: SHWZ)
- High Tide(NASDAQ: HITI)
- YourWay Cannabis Brands(OTCQB: YOURF)
- Neptune Wellness Solns(NASDAQ:NEPT)
- Aurora Cannabis(NASDAQ:ACB)
- Curaleaf Holdings (OTCQX: CURLF)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Investors what's up. This is your friend and host Elliot lane of cannabis daily. Super excited to have you join us this morning, lots to dive into, but first as always, we have to give recognition where it's due. Thanks to Aaron Thomas for making this show happen in Benzinga for the platform. We are here to bring you insights and news on cannabis companies and the industry every single morning rate and review us, let us know what you think, but let's dive right in.
Schwas S H w Z. Closes another acquisition of Emerald fields, Emeril fields owned and operated, which now Schwatz owns and operates. These two dispensaries in Colorado. This brings their total number for schwas. Now 2 32 brick and mortars. The acquisition was $29 million. 60% cash. 40% in common. Stock seems quite a lot of money to me for two dispensary's, but they could be very well-performing dispensary.
So with that being said, Schwan's has been very aggressive and it's M and a strategy to roll up Colorado and take back or continue to lead the Colorado market share battle. All right, let's keep going. High tide NASDAQ listed H I T. Closes on the acquisition of bud room. There's quite a bit to dive into here, but the main points being this secures ownership for high tide of fast Tinder, this is a retail kiosk and smart locker technology.
This tech facilitates better buying experiences through browsing, ordering, and pickup. It decreases transaction time increases, basket size. Sizes lowers, overhead and labor costs and presents a seamless, automated into end customer experience. You may be like, what up with this. I like talking to people I don't want to talk to a robot.
They did a pilot test at Budd room Ottawa and found that 60% of customers preferred this technology and spent over 20% more in their orders. Hi, Ty, to plans to license this technology to third-party retailers in cannabis and other retail sectors. A transaction was a hundred percent equity for around three and a half million Canadian dollars.
This to me is a massive wind variety tide. I don't know how you can look at this in any other way. It's not a lot of money for what could be a very large revenue stream for this company and also increase basket sizes in their own disciplines. Inside who already has 109 brick and mortars out there.
So to me, well done high tide, well done on this acquisition. Raj and team continued to be aggressive and. Now next up, we have welcoming to the OTC QB your way cannabis brands. This is Y O U R F is the new ticker. This is a multi-state brand and consumer centric operator in California and Arizona. All right, we'll keep an eye on them for you.
I'm not going to lie at one of the first times I've heard of them. I remember their name, but I'll be anxious to see how they grow. From here picks us international OTC pink listed P Y X has completed its exit of its cashflow negative Canadian cannabis operations. With the completion of the sale.
No subsidiaries of the company will produce or sell cannabis in any capacity, as well as hemp and CBD, they will focus on tobacco and e-liquid. Now we are leading up to Valenstein Valentine's day y'all. I hope you are getting your loved ones. Some lovely boxes of chocolate. That being said, do you need to get them chocolate survey commissioned by a subsidiary of med? Found that cannabis consumers have far more sex more often than those who do not consume. So maybe you should be getting people boxes of flour, just saying just a thought leading into the weekend. This morning is also a large earning. A day net tune in EPT on the NASDAQ release, their Q3 earnings.
Their stock has skyrocketed. Pre-market take a look at that at the time of recording. I think it's up almost 460%. One of the top 10 of movers pre-market the revenue is up, I believe, 11.3 million year over year. They didn't miss their estimate earnings by around 50%, but that does not mean. The market is very happy with this report as it is showing.
So perhaps in Neptune, perhaps to that team, they have really restructured refocus, and I think it's paid off we've trade announces a national partnership with Cura leaf, C U R L F curely, obviously being one of the largest cannabis companies globally. They will work with Cura leaf in 11 states to support purely wholesale.
Activities. This partnership is built off a successful previous partnership that began in 2018. Aurora cannabis has moving slightly. Pre-market in anticipation of their earnings, their ACB on the NASDAQ. And finally South Carolina Senate approves medical cannabis bill. One more vote expected here on Thursday to send them.
To the South Carolina house of representatives. Thanks everybody so much for tuning in super excited to have you join us, let us know what you think. Make sure to check out BZ cannabis.com. You want to come to Miami in April and meet all of these industry leaders for most of the companies that I've talked about.
And haven't talked about, they'll be there. There'll be educating you on what's happening in cannabis. What's happening in their companies until tomorrow. We'll do this one more time. Have a great. Hey investors. Thanks so much for tuning in to Benzing. As cannabis daily stock picks and news podcast everyday pre-market.
Once again, this is not financial advice. Please do your own research. We hope we bring you the best and most efficient news for your investing. Continue to find us on benzinga.com/cannabis, spending a.com/podcasts or on YouTube on Benzinga channel.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Episode Summary:
Canopy Gwth(NASDAQ: CGC) released their Q3 fiscal year 2022 earnings. They have about $111 million in revenue. This is down 8% YoY from Q3 2021. However, it is up 7% sequentially.
Clever Leaves Holdings(NASDAQ: CLVR) released preliminary Q4 earnings. Revenue is expected to increase 25% sequentially to $4.2 million. Full-year expectations to be around $15.5 million, which would be up 27% YoY.
Tilray(NASDAQ: TLRY) Sweetwater brewing brand expands its distribution across California.
- Silver Spike Inv(NASDAQ:SSIC)
- Irwin Naturals(OTCQB:IWINF)
- Clever Leaves Holdings(NASDAQ: CLVR)
- Trulieve Cannabis(OTCQX:TCNNF)
Elliot's Watchlist For The Day:
- Gage Growth(OTCQX:GAEGF)
- TerrAscend(OTCQX:TRSSF)
- Canopy Gwth(NASDAQ: CGC)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
What is up everybody it's Elliot lane, bringing you your cannabis, insights and news. Every day. We record this, just give you a little awareness around 8 45, 9:00 AM. Eastern time comes to you all by around 10:00 AM. We're giving you some cool cannabis market insights and cool industry updates. We have all of the above today, actually for one.
Not a whole lot of legislative news today. I'm excited about it. No lie. We can just talk about the companies themselves today is there's actually quite a bit to discussLately, let's start with canopy.
They released their Q3 fiscal year 2022 earnings before the market opens today, have about $111 million in revenue. This is down 8% year over year from Q3 2021. However, it is up 7% sequentially their stock at the time of recording. This is around 6%. Up pre-market so investors are liking this and I think what they're liking is the success from brands such as bios.
And others showing record quarterly revenue and in, so doing bio steel, I think is reaching another, I think the news recently was 15,000 storefronts in the U S they've also increased CBD distribution for Martha Stewart. They've done quite a bit in Q3. Looking around at media sites. They're not taking this decline year over year as a good thing.
But I do think it's a mixed back. When you look at this earnings report for CGC, it looks like investors are liking. It looks like the market itself is hesitant. So overall, probably a watch list or today feel re T L R Y on the net. Recently Tilray medical was Tilray brands. They'll, Tilray something every new a week we go here, their Sweetwater brewing brand expands their distribution across California.
We know they're making a massive push for breweries and distribution of those sorts of products. And eventually this will lead to THC, a branded beverage. Leading in those distribution markets as well. Once it's federally illegal it's till Ray's not going to be in, in entering the THC market before it is federally illegal here in the U S.
However that does not mean they do not want to make money here. We see that with this expansion gage growth, or G a E G F on the OTC launches, pure beauty flower products in stores across Michigan. This is a partnership as pure beauty is a California marijuana flower brand that combines art and culture with sustainable and social justice practices.
So they really are. I think. Supporting a good partnership here, a good craft brand in California and bringing that to a pretty heavy state when it comes to marijuana consumption. And also when you think of gay jaw, you can't forget terrorists. And as they. Going to be one company eventually. So GA EGF and TRS SSF both interesting stocks to watch off this news.
S I C, this is silver spike investment corporation closes their IPO and over 6 million shares of $14 per proceeds came in around 83 million. I think. Overall, this is a decently successful IPO. A somewhat smaller one, but I think the more ancillary investment opportunities that investors see in the cannabis space right now, the better as that is what really helped cannabis move forward.
Last year, we had these REIT stocks like IPR, AFCG new lake capital joined in. I think they're in LCP. There, there are several that, that really were the ones leading the way in 2021. SSAC jumping in with the closing of their IPO. Ultimore Capitol a lot more BDC announces a proposed IPO as well. This is over six and a half million.
At 14, 50 per or more is a company I've known for a long time. Since I've been in this space, they've been very active. They have, they are a specialty finance company that invests primarily in loans to companies operating in the U S cannabis industry. This includes cultivators, processors, manufacturers, distributors, retailers, and potentially ancillary companies that serve the industry.
They've been around forever. I think they've done real estate. I think they've done several different types of. But I think following in the steps of SSI, SSCI, they're going to let individual investors get involved in this industry more as well. I like this a lot. I think I'm going to like more, a lot when they do hit the public markets, Irwin naturals.
I w I N F they've been around since 94 as herbal supplements on your shelves. You probably know them. They are a household name and they're diving into both the Canada. And the psychedelics industries they're coming in hard and fast y'all first target for them actually backing up here, they're beginning their process to roll up a number of ketamine clinics that they've already purchased.
And their first target is their current subsidiary, Midwest cat effusion, which is an Iowa city. So keep an eye on them. I think they. Massively set up to dive into the space as it stands now in Irwin, naturals will definitely be a player when it's all said and done in both industries, TC in and F on the OTC, which we all know is truly opens their 112th dispensary in Florida.
And several bits of news out of Latin America. Clever leaves announces Kyle Detweiler to step down as CEO and they will appoint Andreas Fargo to step in to his place. Kyle, I think has done a magnificent job at leading clever leaks to where they are today. He's an incredibly smart individual.
Andres has big shoes to fill and we'll definitely be keeping an eye on them. I believe they are NASDAQ listed C L V R. They also released preliminary Q4 earnings revenue expected to increase 25% sequentially to 4.2 million full year expectations to be around 15 and a half million, which would be up 27% year over year.
Thank you all so much for tuning in again to cannabis daily, share this with your friends rate and review us, let us know what you think, what you want to hear about. We will do this for you. This is thanks to Benzinga. Thanks to AaronThomas for always hosting this and produce. Looking forward to doing this two more times this week.
We'll talk to you then. Hey investors, thanks so much for tuning in to Benzinga. As cannabis daily stock picks and news podcast everyday pre-market. Once again, this is not financial advice. Please do your own research. We hope we bring you the best and most efficient news for your investing. Continue to find us on benzinga.com/cannabis, spending a.com/podcasts or on YouTube on Benzinga channel.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends, and trade ideas in under 5 mins.
Episode Summary:
The California Department of fish and wildlife says 2.6 million illicit weed plants were eradicated from their land in 2021.
The New Mexico cannabis market is expected to grow 300% in the next 5 years.
Illinois cannabis sales sliding to start 2022
McConnell slams inclusion of SAFE banking in house-passed China competitiveness bill
Elliot's Stocks Watchlist For The Day:
- Schwazze (OTCQX:SHWZ)
- Intercure(NASDAQ:INCR)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Good morning, investors and friends. Welcome to cannabis daily. This is Elliot lane. It is a terrifically gloomy Tuesday here on the east coast, but I hope you're starting your day, with some cannabis news here. Thanks to Aaron Thomas for producing the show and bending it for the platform tons to dive into today.
But first and foremost, a quick plug tune into cannabis insider today for a discussion with Doug. One of the managing partners of silver leaf ventures. Very excited to talk to a major investor in the industry and check out BZ cannabis.com. If you want to come tell Erin and I, how much you love us, how much you hate us on Miami beach in April.
We'd love to see you there. But let's dive into some interesting headlines of cannabis this morning. First. The California department of fish and wildlife says 2.6 million illicit weed plants were eradicated from their land in 2021. One says the illegal grows are hurting tourism and are bad for the environment with unauthorized stream bed, alterations, habitat, destruction, illegal pesticide use.
And poaching, I already did not like illegal grows and the black market and the gray market. I liked them even less now. This is obviously a huge issue that is being pushed even further along by the lack of legislative action federally and the tax issues that legal businesses face in this industry.
But just in keeping an eye on the California market. And obviously, as we try to tackle the black market Mitch McConnell slams Democrats for including a marijuana banking text in a house past China competitiveness bill, we've been covering this for the past several business days. He says, this is not a winning strategy for global competition between grades.
Powers. If you all were unhappy with Chuck Schumer, I don't think this is very promising for a Mitch McConnell led Senate in terms of getting legislative action passed, we will see it could be wrong there, but in terms of. The XX bit expediting cannabis, legislative action. I don't think Mitch McConnell is going to be much better than Chuck Schumer.
Just based on this quote, Oxley, a relatively popular cannabis brand in the in Canada closes down two facilities in Nova Scotia. Schwas SHW Z on the OTC closes an acquisition of elemental kitchen and laboratories in New Mexico. This is a $42 million acquisition, 25 million in cash. 17 million in three years.
Seller notes with a 5% interest. This acquisition includes 10 dispensers. For cultivation facilities, three of which are in operation. One is in development and one manufacturing facility, New Mexico cannabis market is expected to grow 300% in the next five years. As I believe they are launching recreational sales here in April.
So that is exciting. For a schwas it's exciting for Verano who just really dove into that market first with their announced acquisition of goodness growth. So an exciting market to keep an eye on internationally inner cure I NCR and the NASDAQ reports, a preliminary 2021 fourth quarter and year end results.
Their record quarterly revenue of 31 million is three times. Increase year over year. That's amazing. That's the eighth consecutive quarter of double digit growth. Their annualized run rate is now on 124 million. They're expected financial year 2021 revenue is to be around 87 million, which would be up 250% year over year.
Their future growth is going to be heavily benefited by a Cookie's partnership in Austria and the UK. And they currently have 20 pharmacies in the country of Israel last but not least in the headline function here, Illinois cannabis sales are sliding. Unfortunately now down 15% to 147 years. I believe adult use is now down to 117 million.
This is pretty massively hurt by the lack of. People coming across state lines to buy cannabis 2021 Illinois adult use sales were 1.38 billion, which was up 106% year over year. However, 20, 22, obviously not off to a stellar start there. If I'm keeping an eye on some stocks today, I'm definitely looking at I N C R.
I've always thought of them as a pretty major international company. I believe I am. Another major Israeli company will be announcing their year end results here shortly as well. Schwab is of course a massive expansion. Keep an eye on those too. Let's hope Illinois picks it back up and let's hope somebody gets it done on the federal level.
This is Elliot lane. Thanks so much for tuning in. We will see you again. Hey investors. Thanks so much for tuning in to Benzing. As cannabis daily stock picks and news podcast everyday pre-market. Once again, this is not financial advice. Please do your own research. We hope we bring you the best and most efficient news for your investing.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Pennsylvania issued a mandatory recall for hundreds of cannabis products. This is specific to certain vaporized medical marijuana products containing added ingredients that have not been approved for inhalation by the FDA.Curaleaf Holdings(OTCQX:CURLF) and Trulieve Cannabis(OTCQX:TCNNF) where the companies with the most number of products were called.
- Cresco Labs (OTCQX:CRLBF)
- WM Technology(NASDAQ:MAPS)
Elliot's Watchlist :
- Leafly( NASDAQ: LFLY)
- Ayr Wellness(OTCQX:AYRWF)
- Trulieve Cannabis(OTCQX:TCNNF)
- Curaleaf Holdings(OTCQX:CURLF)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Good morning, my friends welcome to Mondays version of cannabis daily. This is your host Elliot lane, as always thanks to producer Aaron Thomas, or like we call them around here, 80 for making this show work and bending it for the platform. We are here to give you insights into what to look for on the public markets of cannabis, as well as just industry topics as well, and tons to go over this morning.
So let's dive right in first. Per marijuana moment. Representative ed pro mutter continues to fight for the passage of safe banking through the Senate. By having conversations with Senate majority leader, Chuck Schumer and Senator Cory Booker about how to add equity provisions to the bill. As we know Chuck Schumer and Cory Booker have been very adamant that they are going to pass social justice legislation before passing safe banking.
And bills that would benefit the corporate side of cannabis. As most people in cannabis do know though safe banking would directly benefit smaller businesses as much as it would benefit multi-state operators and larger cannabis growers. So that being said, ideally, representative Perlmutter it's successful, and this bill can take a step forward in helping.
Those people bank and being those on the west coast and other legalized states avoid robberies and other horrific things that are happening right now, Wisconsin, governor Tony Evers, vetoed a bill calling for an increase of penalties for marijuana extraction. He instead calls for legislation instead of further criminalization.
Also premiere won a moment. If you don't subscribe to their newsletter, it's fantastic. We also cover many of marijuana. Stories on Benzinga. So props to governor Tony Evers in Wisconsin per Veridian, Capitol cannabis stocks are up on legislation buzz but they are pretty reticent to, to hope.
As we have been here many times before GTI or green thumb industries, one of the biggest cannabis stocks out there opens to more dispensaries in Virginia bringing their total in the Commonwealth to. Software effective solutions corporation or on the OTC pink SFW J acquires med Cana. And he's looking to fight for market share in the Colombian cannabis and CBD oil sectors.
They did say they want to be a leader in that space. There are some who would put the kibosh on that rather quickly, like clever leaves like Florida growth Corp, like Kyron life sciences, like several in the Latin American model. But it's nice to see others jumping into that space and competing and providing competition, Leafly holdings, a merit or merger Corp, or on the NASDAQ MC MJ announced the closing of their business combination on Friday.
Trading will commence today on NASDAQ, under the ticker L F L Y. Finally, they are here. We can finally invest in Leafly directly. Leafly has shown accelerated growth and leading into the merger, including 40% increase in total ending retail accounts in Q3 2021. So Leafly has been doing very well. They're continuing to reach a larger base, I think millions more every quarter.
This is definitely one to keep on your watch list. If not look at for a long-term investment Cresco labs, CR LBF opens their 15th, Florida dispensary or 49th nationwide, you may think how are they a tier one multi-state operator when they have such a non-competitive number compared to the other tier ones, but they are a massive competitor in the wholesale side of cannabis.
Air wellness opens their 45th Florida dispensary. Weedmaps M a P S on the NASDAQ debuts, a digital commercial spot timed to the Superbowl to address the current advertising restrictions placed on the industry. I'm not going to tell you too much, cause I feel like I won't do it justice. But.
Everything that I've read about it. It's going to be hysterical. Definitely check that out. That's M a P S on the NASDAQ Weedmaps unrivaled brands, you and RV expands their product offering with a distribution agreement with Potter's cannabis company, unrivaled will offer Potter's vape products within their distribution network.
And last but not least, I'm sure most of you have heard if you are in tune to the cannabis industry, Pennsylvania issued a mandatory recall for hundreds of cannabis. Products. This is specific to certain vaporized medical marijuana products containing added ingredients that have not been approved for inhalation by the FDA Cura leaf, and truly where the companies with the most number of products were called.
Kim rivers spoke with Alan Broxton. About this saying only a few skews were affected, not at all close to their entire product pipeline for the state. And just as an added bonus for all of us here, tilt holdings and Gary Santo released a press release saying that don't worry. We weren't a part of this.
Thanks to Gary. Thanks for for reassuring their consumer base. If I'm looking at this saying, Hey, what does all this mean? How can I get some good information about this? And look to make some money off the cannabis space. I'm looking at Leafly for me, cannabis IPO is, have not been super successful over the past year.
But that being said LFL, Y will most likely see growth over the course of legislation over the course of everything. That the cannabis wave rides on. So they're going on my watch list for sure. Air wellness, unrivaled brands continue to expand on the other side of that. I'm watching truly, even curious to see how the stock market reacts to their product.
Recall that being said two of the largest cannabis companies in the world, I'm not super worried about them. So take a look at all this stuff today. I'll continue to watch benzinga.com/cannabis. Javier, his team posts. Amazing. All day long BZ cannabis.com. If you want to come meet me and tell me you love me.
You hate me in person on Miami beach in April, along with many of the leaders in the cannabis industry. Thanks again for listening. We will talk to you again tomorrow. Investors. Thanks so much for tuning in to Benzing. As cannabis daily stock picks and news podcast everyday pre-market. Once again, this is not financial.
Please do your own research. We hope we bring you the best and most efficient news for your investing. Continue to find us on benzinga.com/cannabis, spending a.com/podcasts or on YouTube on Benzinga channel.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
SSIC to IPO at $14 per share.
Big news of the day yesterday, SAFE Banking Act passes the house for a sixth time.
New York Senator filed legislation to encourage recycling of marijuana packaging.
Canopy growth Corp had some photos come out that said they were moldy plants in their facility yesterday. Benzinga reached out Mario Castillo, their VP of manufacturing says these photos are completely out of context. There was an irrigation malfunction at a facility and the plants would not have passed a quality control test and will have been slated for destruction.
The NFL awards $1 million to study the impact of cannabis and CBD on pain management.
Can Pets Get high off secondhand cannabis smoke? , the answer is yes, but they don't like it and it's not good for them.
Elliot's Winners of The Day:
- Columbia Care(OTCQX:CCHWF)
- Silver Spike Inv(NASDAQ:SSIC)
- Dr Reddy's Laboratories(NYSE:RDY)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Good morning, my friends, it is feel-good Friday. And this is Elliot lane, host of cannabis daily here at Benzinga. You will be joined once again by Aaron Thomas producer here in a little bit to drop a few headlines on us from around the space. But first and foremost, we're going to do what we do every week, day, dive into some industry news and talk about what is happening with your investors.
Companies in this space first and foremost, let's go to tier one multi-state operator, Columbia care, CCH HWF on the OTC exchange. They open their next cannabis dispensary in West Virginia, expanding to the great state of West Virginia at first. Five planned locations in the state. The next three are expected this spring.
They are of course, going to be battling true leave there who has already had a presence in West Virginia for several months. Now I'm not going to say a year yet because I'm not sure it's been a year, but. They'd been there for a hot second. So it'd be interesting to see how they do get out for the top spot for market share in West Virginia.
Next up silver spike investment, quarterly pricing. It's IPO at $14 per share for a total of around 6,071,000. 429 shares. They're expected to begin trading today on the NASDAQ, under the ticker S I C a little bit of background about silver spike net proceeds from the offering will be used for further investment in the space.
SSI is a newly organized specialty finance company formed to invest across the cannabis ecosystem through investments in the form of direct loans. Two and equity ownership of privately held at cannabis companies. So SSI C is going to be a wonderful investment vehicle of sorts, obviously a direct investment, but they will be an interesting vehicle for private cannabis shareholder.
Next up Dr. Reddy's laboratories or nicey listed R D Y will acquire a German based cannabis company. Nimbus health Nimbus is focused on wholesale in the German medical cannabis market. They also educate pharmacists about medical cannabis products. So Dr. Reddy's laboratories a pretty well known by a tech biotech diving into the international medical cannabis.
Industry. So keep an eye on them and maybe a new stock for us to watch ya. Big news of the day yesterday, safe banking passes the house for a sixth time. It will. Now the overarching bill, the text was a part of should be passed today as well. But the safe banking act is now often this. Off the Chuck Schumer and squad.
Once again, let's all cross our fingers. Say a prayer, send good vibes. Do what you gotta do. Turn around three times and do jumping jacks, whatever you feel might help here. Let's hope safe banking makes it a little further. AKA The Senate speaking of a Senate, New York Senator filed legislation to encourage recycling of marijuana packaging by bringing back said packaging to any dealer that sells the same brand type and size.
The caveat here being you cannot get a recycling refund in New York state. If you did not purchase the original product in the. And this is not the first time I have heard about a initiative like this week. Actually there's a company I believe in Illinois that is looking to do the same thing with retailers.
So packaging recycling may become a norm in this industry, which of course sustainability is always a plus for companies. And those that jump on this bandwagon sooner rather than. Could be fan favorites, Washington governor is proposing to you is $125 million in marijuana tax revenue to aid communities targeted by the one drugs.
I love that. I think most of the cannabis industry will appreciate that it's going back to the community. And finally, for me, before we get Aaron Thomas over here, canopy growth Corp had some photos come out that said they were moldy plants in their facility yesterday. Benzinga and other sources reached out Mario Castillo, their VP of manufacturing says these photos are completely out of context.
There was an irrigation malfunction at a facility and the plants would not have passed a quality control test and will have been slated for destruction. That is quite the tagline slated for destruction, going to be Elliot lane slating you for destruction. A mold is not your regular, according to Castillo for large cannabis companies.
So they do have protections and standards in place. For that to not be the norm or for it to not reach consumers. All right. Y'all, that's all we're going to do today. If you want a winner for me, I'm going for Columbia care. I'm going for keep an eye on SSI, see today and what their IPO does. And finally let's give a round of applause to our D Y for being another mover into the international cannabis scene.
Now. Ladies and gentlemen, drum roll, please. Aaron Thomas. What's up brother? What's up Elliot. You are too kind that intro. Oh man. Oh man. Hey man. It's all with the voice. Maybe one day. They'll get me a soundboard by one day. Hey. Got it. I'll work on it, but what's up zinger, nation. Good to be back one of my favorite parts of the week I missed out, let's say, I think I missed the last two weeks.
Yeah. We had a new, what, once this year we need to get back on track. We need more air in comments. Yes, and that's my fault. But we are back at it and I'm happy to be back. So let's get right into it. The NFL awards, $1 million to study impact of cannabis and CBD on payment on pain management, the NFL, the national football league today announced the award of $1 million in research funding to two teams medical researchers at the university.
California San Diego and university of Regina, the studies will investigate the effects of cannabinoids on pain management and neuroprotection from concussion and elite football players, respectively. Very interesting. Yeah. I liked that a lot. I think ultimately a lot of this has been studied on.
And as it's of course being studied, but I think the NFL investing in this is the actual storyline. And I think the NFL perhaps getting on board and getting behind this will ideally encourage all professional sports leagues to do the same. And obviously there's a huge issue with long lasting brain injuries and issues for football players.
So this, for one, if they are investing in therapies and medicines for football players to live a healthier lifestyle and healthier life during and after they play there's no. I see that could possibly be an issue there. So props to the NFL, I love that $1 million. Isn't going to get them super far and I'm glad they're investing in it.
Yeah. I think it's also important to note that a lot of NFL players, they get into cannabis after. After they retire or after they stopped playing and they say they come out and they say that they use cannabis during their whole NFL career, but they had to hide it. So hopefully this study allows more open use of cannabis and using it as a recovery method.
I love that. Drop the stigma. Let's get ready. Yes. All right, let's get onto the next one. This is the, this is all I got for you guys today. I'm going to keep it short and sweet, but this one's a little, this one's a little, a cool story. Can pets get high off secondhand cannabis smoke? So the story came out originally in 2019, but it was updated.
Just last week. So if you ever wondered if your pets can get high, the answer is yes, but they don't like it and it's not good for them. Massive strides have been made recently when it comes to understanding our animal friends, the men, their inability to self-report obviously makes it impossible to ever know what's actually going on.
So second secondhand cannabis smoke may seem innocuous. Does. Do you know, anyone who legit gets high from secondhand smoke for, but for pets, it's different and much scarier pets, animals, especially cats and dogs have more cannabinoid receptors than people. So they feel the effects of THC more strongly.
I didn't know. I know that educational, although I have to say, I'm not sure. Inherently tried to get my dog. Hi. But that being said this is a great study. Don't keep your pets near you when you're smoking or don't shock on your pets. Let's just not. And while there's not much evidence that CBD oil is bad for pets.
If there's just as little, that is good for them. It would be wise to consult with a vet before undertaking any course treatments. So we're also keep in mind. Y'all verify that the CBD products you're giving your pets are actually. Tested in real, there was a lot of products out there that probably aren't.
But there are some great companies out there. So just do your research CBD on limited has some great pet products. Probably I would imagine CBD MD, maybe Charlotte's web a lot of the major CBD companies probably do. So just do your research there, but in terms of pets being high the, I, for whatever reason, I can't get the image of a.
Being super effected by fireworks and eight fireworks, animals just hate fireworks. Yeah, I would imagine things are heightened for them in ways. And for me, I don't know why I'm just having a lot of empathy right now about dog Shanghai and there being fireworks subjects.
I'm going down a deep rabbit all year. But those. Solid don't get your pets high. And the NFL is jumping into supporting the cannabis space and research. I love it, my friend. Thank you so much. Of course. That's why I'm here and happy to be back. Of course. Thrilled also y'all if you missed it yesterday, Benzinga on February 3rd, hosted a fam.
Tastic panel on what investors can expect from federal legalization in 2022, Javier hear-say our good friend moderated. The panel was Sarah Chase, Brady cob, and Tom Zuber, three industry leaders and experts and they gave some amazing insight into what you should look for and what we can hopefully see happening in the industry.
Starting with safe banking, which recovered here. Thanks as always for tuning. Come meet us in Miami BZ, cannabis.com four 20 and 4 21. Aaron and I will be there along with the CEOs of Tilray sundial. You'll have CEOs of tilt CEOs of pretty much every major operator there. Every one of them come here for them.
Be there or be square. Aaron, anything else you want to drop before we head to the weekend? Just everyone have a great and safe weekend. Thank you for joining us. And review us. Yes. Love that. Awesome. Peace out. Y'all we'll see you. Please. Hey investors. Thanks so much for tuning in to Benzing. As cannabis daily stock picks and news podcast everyday pre-market.
Once again, this is not financial advice. Please do your own research. We hope we bring you the best and most efficient news for your investing. Continue to find us on benzinga.com/cannabis spending a.com/podcasts or on YouTube on Benzing has channel.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Join our panel discussing Federal Legalization and what we can expect in the Cannabis Industry in 2022 at 4 PM EST on Benzinga Youtube.
Mississippi governor has approved the medical cannabis bill for certain medical conditions.
Analyst maintains a strong buy on Scotts Miracle Gro(NYSE:SMG)
Stocks Mentioned In The Episode:
- Cansortium (OTCQX: CNTMF)
- Aurora Cannabis (NASDAQ: ACB)
- Acreage Holdings (OTCQX: ACRHF)
- High Tide (NASDAQ: HITI)
- Canopy Gwth (NASDAQ: CGC)
- cbdMD (AMEX: YCBD)
- Harvest One Cannabis (OTCQB: HRVOF)
- Innovative Industrial (NYSE: IIPR)
Elliot's Winners of The Day:
- Scotts Miracle Gro(NYSE:SMG)
- Nextleaf Solutions(OTCQB: OILFF)
Watch Our Panel Today at 4:00 PM EST:What Can Cannabis Investors Expect Federally in 2022? Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
What is up friends, welcome to cannabis daily. This is your host Elliot lane. As always. We got our producer, Aaron Thomas powering this thing to success and Benzinga thank you for the platform. Welcome to product launch Thursday. I think every company in the industry launched a product this morning. We'll cover some of those, but we do have some big news to dive into first.
Mississippi is on the board you off. I had an air horn. I blow it. If I had a drum roll, I would've played it before. But Mississippi governor has signed in to law, the medical cannabis bill for certain medical conditions Al it's. If I'm looking as an investor at this market, I get excited about companies that have dominated in other medical states, such as for.
Hint, hint, maybe some truly TC in NF dives into this market. Maybe perhaps one of the smaller competitors like C N T M F both on the OTC, jumping into this market. There's several that you can look at. I would be surprised if a big MSO, like truly. Or cure leaf. Wasn't one of the first to jump in though.
So congrats to Mississippi. Welcome to the party. Y'all I'm super glad to have ya. But yeah, it's good news. It's great news for the industry, especially when a Southern state like Mississippi, whom I would think would be one of the first to say that. Says, yes. All right, job. Moving on next leaf solutions.
Let's give a round of applause to Paul Peterson and team over there. Oil F or O I L F on the OTC enters Ontario. They have made massive waves with their brand glacial gold. This has been hugely successful for them and they are pushing it to the Bram here. They are very Gung-ho and heads down on intellectual property.
They have tons of patents internationally, I think 90 plus if I'm not mistaken. So obviously this is a company that's planning for the longterm. So keep an eye on O I L F I it's always been a watchlist. I think they are an up and comer and end of last year, they were one of the more successful licensed producers in Canada in terms of growth to their stock price.
So do keep an eye on them. ACB Aurora cannabis obviously one of the most well-known names in the cannabis space launches a new CBD product. Here we are. We're into the product launches. Y'all this is through their subsidiary release. Or Arielle IVA kg seven hemp-based products. It looks like they have a CBD speed stick plus other things.
So ACB continued to expand their product line as always another dominant player in the medical market, but not one that will inter Mississippi, anytime soon, obviously acreage holdings, AC R H F launches, a craft brand Superfly. Successfully in Illinois, Ohio and Massachusetts per their press release this morning.
And the first three months of the brand launch, they reached circa 100 retailers. They also expanded their vape products and introduced a new solventless gummy in key markets as well. High tide, taking a break from the product launches just for a second. Don't worry hit on the NASDAQ. Was delayed in filing audited, annual financial statements, analysis, management, discussing discussion et cetera.
That was announced a few days ago. Raj, their CEO came out on Twitter to say that this was due to personnel issues and unexpected personnel issues. He did say Nokia. This will not happen in the future, they will be better prepared for anything of the sort. I think high tide is a wonderful company.
This doesn't really slow my bullishness down for them CGC or canopy growth and other big name, especially in the Canadian market and internationally they're subsidiary ACE valley launches, new cannabis beverage products and CBD hard candy products. Exciting everybody over 70 CBD MD or why CBD on the NASDAQ launches a new functional gummy line and harvest health.
The truth. Subsidiary RVO F has harvest TC internet of course is truly launched this new transdermal CBD cream last but not least. We're going to finish with some non product based news for all of our sakes. Raymond James analyst, Joseph out to Belo maintains a strong buy on Scotts Miracle-Gro S M G.
However, he does lower the price target from 1 95 to 180 5. At the time of the recording of this podcast, they were around $141. If I'm looking at movers IPR has had a pretty interesting past day and a half. Hexo is on my watch list right now. Urban growth. Surprisingly is down. I think they have released some pretty amazing news, but also had a pretty interesting last day and a half in the markets winners for me today.
I'm looking at O I L F or next leaf solutions. I am that's really my winner for the day and SMG. So those two SMG and oil F keep an eye on the markets. Y'all it's been interesting. Let us know what you think rate and review us today. BZ cannabis is launching a panel at four Eastern time live on our YouTube channel.
If you listen to this after Thursday, the third, you can always go back to our YouTube and play it. But it will be a panel on what to expect from federal legalization in 2022, Brady cob, Tom Zoomer and Sarah, Tom Zuber, and Sarah Chase will be. Offering their thoughts on the year ahead. Thanks so much again, y'all we'll do this one more time tomorrow.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Mike Tyson in his 'Tyson 2.0' launch will bring 'Knockout OG' marijuana to Michigan dispensary.
Urban gro UGR on the NASDAQ, announces another expansion to their stock repurchase program by another one and a half million.
Stocks Mentioned In The Episode:
DLTNF
TCNNF
ERBB
AVCNF
Elliot's Winners of The Day:
Agrify(NASDAQ: AGFY)
Flora Growth(NASDAQ: FLGC)
Urban-gro(NASDAQ: UGRO)
Curaleaf Holdings(OTCQX: CURLF)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
My, my Mike what's up. It's good hump day. I hope I don't get fined or sued for that. This is Elliot lane, host of cannabis daily. Hope you guys are having a wonderful morning starting your day off, obviously with news and insights on the cannabis markets. Thanks as always to Aaron Thomas for producing the show.
And Benzing for hosting. We want to bring you daily insights on what to look for in cannabis stocks and the industry as at large. So let's dive right in tons to look at today. AgriFood, they make news about once a week, so we should come to expect them here. A G F Y listed on the NASDAQ is set to acquire lab society.
This is a company specializing in distillation and solvent separation solutions for Canada. Extraction. I did not understand those words either. But I do know there are very necessary parts of the processing part of cannabis oils and more, this further enhances Agrifoods position as a leader in extraction alongside their massive hydroponics arm, genetics.
Basically is becoming an all around partner to cannabis operators and helping them grow their business at, in magnanimous levels. So props to Raymond Chang and team over there, edge HGF why continues to be. A very strong company to keep on your watch list. Mike Tyson in his Tyson, 2.0 launch will bring knockout O G marijuana flour to Michigan dispensary.
So if you are in the Michigan market or you'd like to take little road trips to Michigan, make sure you keep an eye for knockout OJI on the shelves. That is Mike Tyson's flour, the safe banking bill. As we covered earlier this week, the text was added to a broader legislation bill for the house rules committee.
It did get approved. So that's wonderful. This will be the sixth time safe has made it through some sort of house vote. It will now go to the house for to be voted on there. So props to representative ed Perlmutter, who is pushing this through as fast and as, as much as he can, before he goes out of this.
Delta nine. This is DLT and F on the OTC announces a 32 million non-dilutive credit facility with connect first credit union connect. First in the news a lot lately with their loans to cannabis companies especially in Canada, obviously Delta nine will utilize capital to optimize its capital structure.
So there we go. This includes a 23 mortgage $23 million mortgage. 5 million acquisition facility and the 4 million authorized overdraft. So a Delta nine seeking some lovely capital flow there. Next up we have Cura leaf. Can't forget about them. When they make news, we try to never do that. For who? All C U R L F on the OTC forms a partnership.
Rep sleep. This is a retail execution software meant to help CPG teams with data-driven insights. CPG of course, being consumer packaged goods, which is the direction cannabis has been headed by many perspectives of the industry. But is a well-known brand or well-known company. They work with brands such as Kraft, Heinz Adidas, L'Oreal beyond meat, Mattel, and AB InBev.
So really interesting and unique and powerful partnership from curely. They're truly TC NNF F celebrates a statewide rebrand in Maryland. This comes on the heels of rebranding, their Pence of Pennsylvania. Dispensary's. They're looking to get the truly name out there. Have a consumer and loyalty base.
I believe they're referring to as true leavers. It makes sense to me, Columbia carry to the same thing in Florida as as we mentioned before, alongside this and. Many cannabis companies are doing similar things at the moment. Urban gro UGR on the NASDAQ, announces another expansion to their stock repurchase program by another one and a half million.
This builds upon the already in place 7 million that was previously expanded earlier in January. So they are there. This of course is not a guarantee that they will repurchase the stocks, but it is an expansion. And if they do repurchase that as quite interesting, especially for shareholders of you grow a few earnings news here, we have American green.
It says E R B on the OTC revenue is up 20% year over year in Q2 2022 to 515,000. They did release some. Of expecting it to grow another 55% in the next year, by the Q2 20. That, that ends next you do. So interesting young company there keep an eye on them. But they do have a pretty well-known cannabis brand that seems Africana, ABC and F announces Q4 2021 earnings, a record revenue of 1.3 million.
What's interesting here, this. Fourth consecutive sequential increase of at least 3,000. So in four quarters, they keep growing by at least 30%, a super impressive 20 20, 20, 20 21 revenue is around 3.3 million up 133% year over year. And finally, last bit of news. We'll call out for the day flora growth Corp with some interesting news here, seeking approval from I N V I M a.
This is basically the Colombian FDA they're seeking emergency use authorization under COVID 19 protocols. This will be for a cannabinoid based formula that they're researching with preventative applications to help with COVID-19. Super interesting. They're also seeking IP at the same time. So keep an eye on FLDC obviously probably not going to move it today.
Maybe it will, but it that's the first, I believe for cannabis in Latin American market. So everybody, this is cannabis daily. Thanks so much for tuning in my winners for the day. Obviously you have to mention . I think curely probably gets a shout out in flora growth Corp and. So for winners today, keep an eye on him.
We'll do this two more times this week rate and review us, let us know what you think. Hit BZ, cannabis.com to come meet me and Aaron Thomas in person in Miami. We really want to hear from you and meet you there until then. Y'all Hey investors. Thanks so much for tuning in to. Cannabis daily stock picks and news podcast everyday.
Pre-market once again, this is not financial advice. Please do your own research. We hope we bring you the best and most efficient news for your investing. Continue to find us on benzinga.com/cannabis. Benzinga a.com/podcasts or on YouTube on Benzing has channel.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Verano To Acquire Goodness Growth Holdings In $413M All-Stock Deal, Scores License In NYC.
Stocks Mentioned In The Episode:
Canopy Gwth(NASDAQ: CGC)
Innovative Industrial(NYSE:IIPR)
Greenlane Hldgs(NASDAQ:GNLN)
Elliot's Winners of The Day:
Verano Holdings(OTCQX:VRNOF)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Good morning investors happy Tuesday. I hope you are having a terrific start to your day. Welcome to cannabis daily. This is Elliot lane, your host, as always thanks to my guy, Aaron Thomas, for producing the show and Benzinger for the platform. We are here to bring you your daily dose pun intended of cannabis, news, and insights to help you understand the industry, just a tad more when you put some money into it.
So let's start right off with. Big activity that was announced this morning, tier one multi-state operator Verano holdings. They are listed on the OTC. V R N O F is acquiring a, another MSO multi-state operator. Goodness growth holdings, GD NSF for 413 million. In stock. This is huge for Verano. I don't think you can understate enough when you can understand when an MSO buys another MSO, but let's dive into what this means for Verano.
And they're adding New York to their portfolio to what is already an incredibly strong east coast gathering of states, which includes New Jersey, Connecticut, Pennsylvania, Massachusetts, and marriages. So they are pushing further into New York. There are only one of 10 vertically integrated licenses in that state.
It includes delivery which I believe they can also deliver to the met stadium, the U S open stadium and several other widely big or big tourist areas. They're also obtaining one of two licenses in ministry. This includes a cultivation license and eight active dispensary's going back to New York, that includes one cultivation facility, four active dispensary's and four plan dispensary's they're also obtaining assets in New Mexico.
This is huge. For Verano in terms of expansion I think completely worth what they put into it per from the press release upon consummation of the acquisition. Veranos footprint will span 18 states with active operations in 15, including 17 cultivation facilities totalling 1.3 million square feet of cultivation capacity, and 111 active dispensary's.
Congratulations. Congratulations to Aaron, congratulations to the entire Verano team, especially the ones who worked on this. I think this is a fantastic merger between two very solid cannabis companies in the United States. So let's not make this a podcast just about going on this. They're obviously the winner of the day.
No offense to anybody else who has good news Hawthorne gardening. This is the subsidiary that focuses on cannabis hydroponics for Scott's miracle, grow wisdom on the nicety, nicey as S M G. I promise you guys, I can talk their Q1 sales. Fall by 38% to 191 million. This is due to a couple of things.
First off they're lowering pricing of led lights to be more competitive, but also this is driven primarily by an oversupply of cannabis grown in state authorized markets that has led to a temporary decline in commercial cultivation activity. So their services have become. Less necessary as there has been more product in inventory.
So companies are not expanding as much. I would imagine so Hawthorne, I don't think this will be the trend for a company like them. SMG, obviously very profound in operations. And I expect Hawthorne to bounce back. This was all. Pre-announced I believe somewhere around like January 4th.
So not really a surprise either, so I don't expect their stock to fall a huge amount today. Greenlane NASDAQ listed G N L N they're 2021 fourth quarter. Preliminary revenue will be between 55 and a half million and 56 and a half. This is up 54% year over year. Obviously mainly driven by an increase in sales of Greenlane brands and the Kush co merger.
So Greenland, continuing to benefit from that massive combined merger between Costco and Greenlane. Canopy growth. Everybody's favorite and or least favorite canvas stock. I still love them. I do down in the bottom of my heart, NASDAQ listed CGC, their bio steals subsidiary presents its sports drink to nearly 15,000 new stores across the U S you cannot argue their footprint.
You can not argue their reach. They're incredibly strong when cannabis bounces back, CGC will be right there. I no recommendations here, but I am an investor. And I do expect Ghanim canopy to be a player in this industry. Decibel cannabis DBCF has been very loud recently and very aggressive in terms of their news flow.
They closed a 54 million debt refinancing with connect first, increasing its access to debt by 20. Million dollars, Canadian, innovative industrial properties. I IP R launches a 300 million senior note offering, which will be due 2027. This will be used to invest in specialized real estate assets in regulated cannabis markets, nothing new there in terms of what it's used for, but another 300 million.
Of capital for them to play with Chuck Schumer, our favorite Senate majority leader maybe tweets about meeting on social equity happening for the marijuana industry today. He tweeted this yesterday. I believe, or he tweeted this morning for tomorrow, regardless of what happened this week.
But he has always put social equity first. That could be a huge benefit and boon for you. When looking at this industry, it could be a negative for you when looking at this. But that being said he is continuing to work in, in that order. So I don't expect him to jump on safe banking, just due to this simple tweet that being said, this is Elliot lane.
Thanks so much for tuning in you all. I hope this helps obviously VR in O F. It is a wonderful look today. GD NSF is who they are acquiring both on the OTC, SMG, keeping them on your watch list. But obviously a not great day. But another good day for Greenlane in canopy growth. Until tomorrow. Y'all we'll do this again on Wednesday. Thanks again, everybody for tuning in rate and review S V Z cannabis.com. If you want to come to Miami and meet the industry leaders, Erwin Simon, Zach, George, and others. We will see you again soon. Hey investors, thanks so much for tuning in to Benzing.
As cannabis daily stock picks and news podcast everyday pre-market once again, this is not financial. Please do your own research. We hope we bring you the best and most efficient news for your investing. Continue to find us on benzinga.com/cannabis, spending a.com/podcasts or on YouTube on Benzinga.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Using cannabis during pregnancy doubles the risk of having an underweight baby. 60,000 mothers were part of the study, which found that cannabis users were prone to give birth to smaller and underweight babies by their measurements.
Cannabis may impair driving ability for up to four hours.
Stocks Mentioned in the episode:
HEXO(NASDAQ: HEXO)
Sproutly Canada(OTCQB: SRUTF)
Elliot's Winners For The Day:
4Front Ventures(OTCQX:FFNTF)
GrowGeneration(NASDAQ:GRWG)
Khiron Life Sciences(OTCQX:KHRNF)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Good morning investors. This is Elliot lane, happy Monday, host of cannabis daily from Benzinga. I hope your Monday was filled with relaxation with parties, clubbing, reading, a book, whatever you want to do. I hope you are prepared to make a ton of money in the cannabis space this week and moving forward.
Ideally, ideally y'all but regardless, we're here to bring you cannabis insights in news every day for the cannabis space starting us off, we have the one and only representative ed Perlmutter, Democrat from Colorado has vowed to pass marijuana legislation before his time in office is up. He will not be running again. So he has limited time. He did file the text of his safe banking act as an amendment to broader legislation going before the house rules. On Tuesday. So thank you to representative Perlmutter for fighting for this industry. And then we all hope he has success, especially with safe as that as an important bill for the industry, Ohio cannabis activists gather enough signatures to force their lawmakers into the discussion.
The lawmakers have four months to act. Otherwise the campaign activists can gather more petitions to put the issue on the November ballot for voters. So either. Ideally this time or not this time, ideally later this year, we will have some progress in the Ohio cannabis market grow generation or G RWG on the NASDAQ exchange, acquires horticulture.
This acquisition will strengthen grow generation supply chain globally, as well as add distribution for private label products under their umbrella grow generation was a darling stock in the industry. Really for the first half of 2021 and probably for the end of 2020 they followed the. At large and had a ref 20, 21 as most cannabis stocks did, but there are still a very strong company fundamentally, and I definitely recommend keeping them on your watch list.
On the other side of the cannabis market coin, we have Hexo which received notification from NASDAQ. It is not in compliance with the minimum bid price requirements. A stock should not be below one us dollar for 30 consecutive trading days. There will be no immediate effect on the stock, but the company has 180 calendar days.
From the date of notification to regain compliance. I believe the date will be set in late July if I'm not mistaken, but they may have another 180 days after that. Or they may be delisted just don't know at the moment, but not great news for Hexo, but at the same time they have been affected by what has been a pretty difficult time to invest in the cannabis industry and for cannabis stocks.
So while I don't think it's a hundred percent there yet. It is still somewhat concerning for Hexo investors and shareholders. Sproutling Sr UTF on the OTC announced Q3 2022 earnings. They did settle outstanding debt of over 145,000 Canadian dollars to do the company issued 2,908,968 common shares at a price of 5 cents per share.
The PR did not include any information about adjusted. Or revenue using cannabis during pregnancy doubles, the risk of having an underweight baby. This is re as reported in the independent and syndicated to Yahoo finance. 60,000 mothers were part of the study, which found that cannabis users were prone to give birth to smaller and underweight babies by their measurements.
This is under five pounds. Eight ounces. It was also linked to premature birth as well, which was up 28% in the study. This is very concerning. I think that being said, please go read the whole study. There is quite a bit in. In terms of who is more prone to use cannabis during pregnancy. So there's a lot of information in the study but overall it is not looking like it would be recommended to use cannabis while you are pregnant.
So please do your research be educated about it. And if you are pregnant, I recommend taking a look at this study or know somebody who is pregnant, of course, the New York post, or as originally published by Fox news. Say cannabis may impair driving ability for up to four hours. This is per a study published in J a M a psychiatry from the center for medical cannabis research at the university of California, San Diego.
The study was 191 cannabis users wide. It's not a huge. That being said, I'm pretty sure most cannabis users would say duh to this. But that being said, I think there's a lot of gray area with cannabis use. I don't think you are restricted from using cannabis if it helps us a performance enhancer or helps us as a focus nutrient or whatever you may use it for.
But I would say cannabis. Makes you high in any way, shape or form is probably what they're referring to. But I would be surprised if the New York post or Fox news included that in their publication or any publication for that matter. I'm not going after those in particular, but I think there's a lot of gray area in that reported in these recent studies, forefronts FFN T F on the OTC closes an acquisition of new England cannabis corporation and really strengthens their Massachusetts footprint.
Probably one of my winners of the. Followed by another winner for me, Kyron life sciences, K H R in F on the OTC opens a new medical cannabis clinic in Columbia. They are a fast mover in the Latin-American market. And I think as Mexico opens, they will be a winner. So if you're talking to me about what I'm watching today, I'm watching forefront.
I'm watching Kyron life sciences. I'm watching grow generation. I'm, if I'm a shareholder. I would be concerned about Hexo maybe keeping my eye on what Spratley management is up to, but overall, I hope this helps. I hope to start your week off right in the cannabis space. We'll do this four more times.
Aaron Thomas will be with us at the end of the week. Thanks as always rate and review us, check out our events, BZ cannabis.com. Come meet me in Miami. In April, we look forward to. Hey investors. Thanks so much for tuning in to Benzing. As cannabis daily stock picks and news podcast everyday pre-market. Once again, this is not financial advice.
Please do your own research. We hope we bring you the best and most efficient news for your investing. Continue to find us on benzinga.com/cannabis, spending a.com/podcasts or on YouTube on Benzing as channel.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Car batteries are being built by cannabis pulp and then processed in the carbon nano sheets.
Researchers from Rensselaer Polytechnic Institute in New York have developed hemp-based rebar, reinforcing technology for cement construction.
California bill now filed to accelerate cannabis conviction expungements affecting about 34,000 people.
- HUMBF
- CLVR
- FFLWF
Elliot's Winners For The Day:
- HITI
- GAEGF
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Good morning investors. It is feel good Friday. This is Elliot lane, host of cannabis daily. Thanks as always to Aaron Thomas for producing the show and Benzinga for the platform. Aaron Thomas sadly will not be joining us today. Please tell him how much you miss. Somebody is producing our weekly all access show that happens every Friday.
Today we have eight amazing public companies that will be interviewed. On our YouTube. So if you're watching this or listening to this at 10:00 AM or 10:30 AM Eastern time in the morning, go check out our YouTube right now. If you're listening to it later, go replay our all access video that happens every Friday.
Check out some amazing investment opportunities, but we are here to talk about cannabis, news and stocks. We have tons of it today. Let's dive right in high tide, as you all know, one of my favorites, especially from the Canadian market, they are listed on the NASDAQ exchange under H I T I, they released their earnings for Q4 and fiscal year 2021.
Their Q4 earnings are up 12% sequentially from Q3 to 53.9 million Canadian dollars the entire year. It's up 118% from 2020 to 181.1 million. So obviously doing things correctly over there. The quarter includes about 12 days of contributions from blessed CBD, which was a recent acquisition. However it does not include any contributions from new leaf naturals yet.So that will increase the bottom line very soon. They're expecting Q1 of 2022. So the quarter we're currently in to exceed 70 million Canadian dollars. So a nice, huge jump there from 53.9 outside of CA Canada, their revenue run rate on the year increased from 11 million at the start of 2021 to today.80 million. So there are international opportunities in the us and beyond are really starting to perform very well. This past fiscal year earnings 150 million of it was from Canada. 30 million was from the U S and 1 million internationally. Their gross profit is up 108% year over year. So I know that's a lot of time on one company, but high tide had a impressive year.And I think this year will be even more impressive. They're really a fantastic company with, I believe now 109 brick and mortars gage cannabis.
That's G a E G F on the OTC has a standing partnership with cookies in Michigan and they will now expand it into Toronto. This will be the 12th dispensary in north America, operated by gage and the first in Canada.For cookies. So their partnership continues to grow gauge, of course, under the current acquisition with Tara Senti. RSSF so both great stocks to watch today on this news. Cause this is nothing but good for these companies.
Humble and few. H U M B F on the OTC signs, a three-year agreement to distribute Berntz BRN T burns top selling hexagon, bongs, and burnt design accessories.So adding to the product portfolio for humble and fume for at least three years they are an exciting up and coming distributor of cannabis and cannabis accessories. So good news there for that.
California bill now filed to accelerate cannabis conviction, expungements big news here for me as this includes about 34,000 people. According to high times that have yet to receive expungements for past cannabis-related convictions, that number is massively high in my opinion. I'm not saying it's wrong at all. I'm not. Deep into that space, but that does seem like a massive number for just cannabis conviction. So will be interesting to see how that bill accelerates
car batteries, something you didn't expect to talk about today are being built by cannabis, pulp, and then processed in the carbon nano sheets. So hemp batteries essentially Mean the result here is equal to, or better than graphene and 200 to 400 times cheaper to produce than classic batteries based on the math from researchers. So super cool news. I of course, and a big fan of industrial hemp and the future there and the addressable.
That is possible by that. This is a few days old, but worth mentioning here. Clever leaves see LVR on the NASDAQ enters the U S market with consumer CBD products. I believe they have an Arizona subsidiary herbal brands and the product is joy soul, J O Y S O L a. So clever leaves continuing to explore.
Probably the second, most aggressive Latin American based company behind flora growth Corp FLDC on the NASDAQ FFL, WF, or fire and flower announces an expansion to their e-commerce offering with the launch of online branded dispensary's. This will enable direct to consumer sales with drop shipping for licensed producers.
In Canada, they're starting this off with initial brands, such as Oxley Cronos group F I G R. And Wagner's Oxley of course, on the, up and up with some of the top brands in Canada. So great news here for both Oxley and fire and flower and Kronos and the others.
Last, but not least one thing to point out again on the hemp side of life. Researchers from Rensselaer Polytechnic Institute in New York, say they have developed hemp based rebar, reinforcing technology for cement construction. What a mouthful But essentially preliminary studies have shown strength, characteristics to be comparable to steel. Shifting to production of this would significantly decrease greenhouse gas emissions from the building and construction industry. So another wonderful development in industrial hemp, the one issue and obstacle here being current manufacturing, equipment and methods are not set up for the necessary methods. Of production here as they would damage the material. Some developments to be done there for this to even be a thought in the industry of building a construction, but that being said, it is a great step forward and great for the hemp side of life.
So this is Elliot lane with cannabis daily. If I'm watching stocks a day, I'm watching fire and flood. I'm watching high tide. I'm watching gage specifically outside of that. Y'all have a wonderful weekend. We will do this again next week. I'm going to try and bring Aaron Thomas on Monday and Friday next week, just to give us a little insight more into the cannabis space.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Leafreport Pricing Report Shows 11,142% Price Difference Between the Cheapest and Most Expensive CBD Brands.
Chicago Atlantic Real(NASDAQ:REFI)
Icanic Brands(OTCQB:ICNAF)
Australis Capital(OTCQB:AUSAF)
Elliot's Winners For The Day:
Planet 13 Hldgs(OTCQX:PLNHF)
Check out our April Cannabis Event in Miami.
Check out David Belsky: CEO - FlowerHire Interview on Youtube
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Good morning investors happy Thursday. I hope you all are having some semblance of a good week. I know it's been crazy. This is Elliot lane with cannabis daily here to bring you your updates and cannabis news and investible information in the public cannabis markets. Thanks to Aaron Thomas for producing.
For the platform, tons to go over today in both investible companies, as well as some industry and legislative news. So let's dive right in Chicago, Atlantic or R E F I is their ticker refi. I like to say they fund a senior secured facility for sanctuary medicinals. This is one of the first big ones that.Personally recall for them, the initial advances, $10 million of an overall $25 million credit facility sanctuary medicinals will use the money to support their expansion for retail and cultivation in the state of Florida. I love this for refi. I think this is a nice deal. I think it's a wonderful state for them to focus in with an interesting new operator that I will keep an eye on for sure.
Planet 13 or P L N H F on the OTC. And they file an amendment of a form 10 registration statement with the sec to register it's common shares under section 12 of the exchange act. Now, if you like me, listen to that. What then I've got a little clarification for you. Basically. This is a step toward, up listing to a major us exchange.
Now this of course is pending federal legalization is that cannot happen until it is legal to touch the. In this country, however, planet 13, looking to be one of the first to market for investors on what will probably be the NASDAQ. I love I've always loved the aggressiveness of planet 13 major company, but this is the second time we've touched on them this week.
So definitely put them on your watch list. At least for the time being P L N H F multiple studies coming out recently offering the dangers of cannabis use while driving. Of course, this is not advisable. If. And sober from anything alcohol cannabis, obviously there are dangerous to it. However, check out an interview on Benzing as YouTube with David Belsky from Tuesday, this past Tuesday.
Saying there a lot of gray area. He does not test his employees for cannabis. He does not condemn them for utilizing cannabis to help them focus or to improve their days. However, there is self-awareness that is involved there. So some interesting conversation happening around cannabis use recently and what is okay, and what is not.
Leif report. This is the company releases a pricing report that shows this is incredible and 11142% difference between the cheapest and most expensive CBD. 11142% difference. That's an insane leave report is Israeli based and they via their PR claimed to be the CBD industries, peer reviewed watchdog website.
Super interesting. I've not heard of them before. That's pretty cool. Data came from over 3000 CBD products sold by more than 100 brands in their last study in April of 2021, the report showed only a 4718% difference. So a massive increase from the top to the bottom, essentially scientific.
Now it says they're rare cannabis compounds, specifically CBDA and CBG a may potentially prevent COVID-19 among other health conditions. This is consistent with studies from Oregon state and the university of Chicago that have recently come out and said, this is a very potentially true. However, it must be ultra high purity.
It is not CBD. You buy off the shelf at your local circle. No offense to circle K whole foods, fresh market, whatever it may be. This requires ultra high purity CBD compounds audacious brands or a U S a on the OTC releases, a press release. Audacious firing on all cylinders.
First of all, love that aggressiveness love the confidence. Keep it calming, gives me energy on these middle days of the week. But they do say in the press release, their international expansion is moving positively with Thailand, approving the dropping of cannabis from the health ministries list of controlled drugs.
Super interesting international development. Us brands for audacious. We'll continue to see strong demand specifically in Nevada and California. They're in conversations with box store and pharmacy chains throughout north America. And this month audacious plans to enter license applications in Ohio, New Jersey and New Mexico.
It sounds like they are firing on all cylinders props to Terry Booth, who, if you may remember it was one of the OGs at Aurora, but now is at audacious as well as John Paul, a mark lock mocker, just some incredible management team over there. So if anybody's going to grow quickly and grow intelligent, My money's on that management team.
I conic brands or ICA, N I C I think it's iconic. I see NAF on the OTC is an MSO in Nevada and California, and they recently acquired leaf holdings, a massive California based extraction company for $120 million. This is two times the trailing 12 month revenue for leaf that's L E F a anticipated to be.
This quarter. So that is some interesting developments there. We don't talk about iconic brands a lot, but it sounds like they're ready to become aggressive. The Delaware house health and human development committee approved marijuana legalization bill. So first steps for Delaware moving in the right direction there.
Ideally joining Mississippi and some others who are making some legislative. In the U S right now, thanks as always for tuning in you all really appreciate you listening rate and review us, let us know what you think. And then we will do this one more time tomorrow. Talk to you soon. Hey investors, thanks so much for tuning in to Benzing.
As cannabis daily stock picks and news podcast everyday pre-market once again, this is not financial advice. Please do your own research. We hope we bring you the best. Efficient news for your investing. Continue to find us on benzinga.com/cannabis spending a.com/podcasts or on YouTube on Benzinga.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Say "I DO" at Planet 13 Hldgs(OTCQX:PLNHF)in their Las Vegas Superstore, also known as the world's largest dispensary.
Elliot's Winners of The Day:
- High Tide(NASDAQ:HITI)
- Agrify (NASDAQ:AGFY)
- Zoned Props(OTCQB:ZDPY)
Check out our April Cannabis Event in Miami.
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Good morning investors, happy Wednesday. This is Elliot lane, host of cannabis daily. Thanks as always to our producer, Aaron Thomas, who makes everything happen as well as Benzinger for the platform. The show brings you a quick five to six minutes of cannabis investing news and or industry centric news, every single weekday.
So let's dive right in, starting off. We have high tide, H I T I on the NASDAQ exchange. They opened two new can of cabana locations in Regina to begin selling adult use cannabis on January 27th. This brings their total brick and mortars to 109. So high tide continuing their aggressive expansion AgriFood.
HGF why on the NASDAQ announces a $27.3 million. Private placement AgriFood will issue roundabouts 4 million, 20,994 shares of common stock at a combined purchase price of $6 and 80 cents per share. What's interesting to me about this is CEO along with other members of management and the board participated in the.
However they did. So at $6 and 90 cents. So 10 cents more, I think this is a huge shot of confidence in from internally from Agra. I think it's aggressive. I think it's strong. I love this. So props to on this release next up, after having announced it would stop testing most employees for cannabis and backing a democratic led bill to legalize cannabis.
Amazon is now backing Nancy mace, the freshmen Republican Congresswoman from South Carolina and her bill, the state's reform act. So I think this continues to be a boon for cannabis to have large tech and e-commerce plays. Join the fold, Mississippi lawmakers in the state, Senate and state house. Come to an agreed.
And send their newly revised medical cannabis bill to governor Tate Reeves desk. The final passage of which is expected to today. I love this. I think it's fantastic to see more Southern states joined the fold. Mississippi would not have been my guest to be the first one of many. But th this is a boon, in my opinion, for sure that the amendment, I believe coverage, zoning restrict.
For licensees planet 13, probably the most fun news of the day. That's PLN, H F on the OTC. Now allowing couples to say I do in their Las Vegas Superstore, also known as the world's largest dispensary. You can also. I exchanged vows at their cultivation facility, which is not super far from the Las Vegas strip.
They are tiered packages, everybody. So if you're planning on doing this wedding, start at $400 for a quickie, you can also go at $600 and $800 and so on and so forth for further packages. So planet 13, continuing to innovate, continuing to look beyond the norms of the cannabis. And be a leader at drawing in tourism to their to their dispensary, to their brand.
Truly TC in NF is rebranding all their Pennsylvania retail locations. This is somewhat to me, similar to what Columbia care did with their Florida dispensaries to camp. But they want to unite true leavers everywhere. And they're starting here with Pennsylvania or continuing here with Pennsylvania schwas or S H w Z on the OTC closes their acquisition of drift cannabis, which consists of two dispensary's and Boulder, Colorado.
This brings their total number of stores in the states two 20. The cost of the acquisition was around three and a half million. Pretty evenly split between cash and common stock. This seems like a solid acquisition to me, perhaps, to Schwab as their next step. A decently interesting company that we don't talk about a whole lot.
They really only put out news when they have news, which is a nice change of pace. But zone properties or Z D P Y on the OTC. And announced as their final completion of expansion at the Chino valley cultivation facility, this zone properties first and foremost is a leading real estate development firm in this space.
And this will significantly increase the rental revenue with further opportunities to increase revenue down the line from this specific facility. So great news for zone properties, a great news for the future for CDP. Private multi-state operator elevate holistics over the course of 2021 donated $70,000 to treat veterans and Medicare members.
So I love talking about stories like this. I love talking about giving back to the community and giving back to the medical cannabis community specifically that has fought so hard for cannabis legalization last but not least South Dakota law. Are looking to repeal part of their citizen backed bill for the specifically the home cultivation rights can imagine this is going to go over well.
Home cultivation rights are a huge battleground in this industry. Anybody who is for cannabis, legalization, and wants to have some sort of support from the OJI community needs to be behind cultivation rights for individuals and home cultivation rights. This is not going to be popular. And those companies that are behind a bill such as this will not be popular.
So just keep an eye on this. We'll see where this goes. And what's what comes of this for that community? Actually, I didn't lie. Hexo did provide an update that for their path forward plan saying they're ready, can products will increase in markets and expansion there. So Hexo NASDAQ listed.
This is Elliot. With Benzinga host of your cannabis daily. Check us out. benzinga.com/cannabis all day. You'll get updates on the news throughout the day. There from Javier Hassein and his team of wonderful writers. Also check us out bzannabis.com. Come meet me in person. Come tell me you love me. Can tell you, Hey, come tell me you hate me.
It doesn't matter, but we want to see you in Miami. You hear from industry leaders like Tilray sundial, Cura leaf, and more in April. Talk to you about. Hey investors. Thanks so much for tuning in to Benzing. As cannabis daily stock picks and news podcast every day. Pre-market once again, this is not financial advice.
Please do your own research. We hope we bring you the best and most efficient news for your investing. Continue to find us on benzinga.com/cannabis, spending a.com/podcasts or on YouTube on Benzinga channel.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
New York doctors can now recommend medical marijuana to all patients who can benefit from it per the New York Office of Cannabis Management.
MedMen MMNFF files countersuit against Ascend Wellness AAWH
Elliot's Winners of The Day:
- Tilray Brands(NASDAQ:TLRY)
- Valens Co(NASDAQ:VLNS)
- Columbia Care(OTCQX:CCHWF)
- TerrAscend (OTCQX:TRSSF)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Good morning investors. How are you today? I hope it's well on this terrific Tuesday, this is Elliot lane, host of cannabis daily, as always accompanied by the marvelous Aaron Thomas, who produces the show and Benzinga for the platform. Thanks as always just to give you a little introduction for those that may be introduced to this for the first time, we are a cannabis investing news show focused on the cannabis industry.
We do touch on cannabis stocks, but also cannabis news. Hopefully this helps your day ahead. If you're looking at cannabis companies to. In let's dive right in jive or dive both Tilray T L R Y on the NASDAQ expands their medical cannabis product portfolio in Australia. They do this with a 15 gram medical cannabis, whole flour product.
Subsequently. They also have launched an online medical cannabis education platform for healthcare professionals in Australia and New Zealand. Are they offering more resources and more products to be consumed, also increasing their bottom line. They also are. Providing more resources for doctors to prescribe their products and get more of their products to the patients directly.
So props and absolute well done until Ray on that front, a incredibly smart way to attack that market are those markets in Australia. Balance company V L N S on the NASDAQ launches, two new products, one value, and one ultra-premium. The expansion of the product portfolio is part of a multi-step plan to lift balance to being one of the top performers in the Canadian adult rec market.
Obviously every Canadian adult rec company wants to be the top performer in the market, but balanced, continually making steps and has been pretty aggressive with their news flow of late. So I would definitely keep an eye on the L N. Interesting north American study from a lab stat international and the blink group lab stat is a third-party cannabis testing company.
And blink group is a leading manufacturer of anciliary vape products been around forever. They worked on a study entitled. Puffing regimes found that cannabis consumption through vape devices is vastly different than nicotine and varies vastly across borders from country to country. And I would imagine state to state province to province more than 2000 adult use cannabis users across north America participated in the study.
Colorado meets their goal of 16.8% of cannabis businesses being minority owned. That's awesome. I believe they hit 17% to be precise. That being said, the data shows there is ways to go before cannabis business ownership is on par with the state's population demographics. However, it is good to see that moving in the right direction as social actors.
He's not always moving in the right direction in an emerging market in general. So now to the more explosive news of the day, if you have not been following the med men and a sin wellness story madness. Is looking to quote unquote wriggle out of their deal that were taken directly from the New York post article.
We'll touch on shortly from an, a transaction definitive agreement with us and wellness to sell their New York assets to them. Med men files a counterfeit. Against a sin wellness who filed a suit, of course accusing them of political influencing med men or in F on the OTC claims, ascend wellness, CEO, Abner curtain used political influence with New York governor Kathy and was shortly after able to obtain the email in favor of a sin.
So New York post publishes the story claiming coach will push for the $75 million sale of Madmen New York assets to ascend to help them because they are a campaign donor days before Madmen was set to here we go. Quote, unquote, wriggle out of the deal and days after a attended a fundraiser for hotel, I believe that was a sense, president Andrew Brown.
So the story is getting jucier in juicy area. I do think Madmen wants out of the deal because given the government. Progress of moving cannabis, legalization forward and recreational use forward madman's assets are more, should be worth more than the transactional deal that they agreed to. With ascend, that being said, there is a definitive agreement in place on a sense side.
So is this lobbying or is it political? Temporary? That question, we will pose to you all and not get too political here, but that being said, we will keep an eye on this for you with two major OTC listed MSOE in F N a w H New York doctors can now recommend medical marijuana to all patients who can benefit from it per the New York office of cannabis management or the OCM.
When I think of this, I definitely think. Sites to companies like med men but more so to companies like Columbia care, CCH, WF, and New York doctors can now recommend medical marijuana to all patients who can benefit from it per the New York office of cannabis management MTR SSF. As in that tri-state area, those companies are going to benefit first and foremost, this is Elliot lane with cannabis daily. Hope. This has brought your cannabis news for the day and gets you started off.
I appreciate you all tuning into Benzinga. Please tune into cannabis insider every Tuesday and Thursday at four Eastern time. As we interview major executives across the industry, as well as investors for half an hour on Benzing as YouTube, we will see you again, rate and review us, let us know what you.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Enjoy Your Cannabis Caviar @ $1400/oz
Elliot's Winners of The Day:
Trulieve Cannabis(OTCQX: TCNNF)
Sundial Growers(NASDAQ:SNDL)
Columbia Care(OTCQX: CCHWF)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Good morning investors. It is Monday. This is Elliot lane with cannabis daily. Thank you so much for tuning in super happy to have you here. We bring your daily cannabis news and stock updates as always. So let's dive right in for the week. Not a ton of news on public companies as this morning that will affect Your investments, but tons of news around the industry. So starting with ironically, after saying that let's start with sundial, S N D L on the NASDAQ sundial growers, their subsidiary sun stream opportunities, which is a subsidiary of sun stream bank, or. Which is an investment vehicle that is set up by sundial receives an investment grade credit rating of B plus by Egan Jones rating company. So far to date sunscreen stream bank Corp has invested $375 million Canadian in companies, such as in diva spirit leaf. They invest mainly in operations, retail, and. The growth in sales of cannabis. In my opinion, this has been nothing but a success on the efforts of sundial and sun stream. And I am for as high of a rating as they give. But I think this is great for the company of sundial. So if there was one company that wins today, it's going to be sundial, just prefacing that for the rest of the news circuit here per Bloomberg.
Cannabis legalization bills must address the dormant commerce clause.The DCC. Is a legal doctrine that bars states from enacting policies that discriminate against interstate commerce to date, many states have simply ignored the policy and set up their own regulatory programs because that's what you have to do in cannabis. And that benefits of course, and promotes local cannabis businesses. However, without addressing the specific DCC. With congressional action after federal legalization, many critical state programs along with their social equity programs may become void overnight, which would be a massive issue. Currently, no bills from either Democrats or Republicans address the DCC.So today it has not been an issue. No, it is an effect. However, does it become an issue upon legalization? Is the question that Bloomberg has posed as a fantastic article. Definitely go check it out. University of Chicago medicine study suggests high purities CBD may block. COVID from replicating. This study was published on January 20th in science advances CBD showed a significant negative association with positive COVID tests in a national sample of medical records of patients taking the FDA approved drug for treating epilepsy. The COVID blocking effects only come from high purity CBD doses that are specially formulated. So if you are looking at gummies from Charlotte's. Or oils from CBD MD or infusion or soft gel tablets. Anything like that? That's not what they're talking about here. They're looking at high purity, specially formulated doses of CBD that are not available on the market because those are not FDA approved as they are talking about an FDA approved drug for treating epilepsy.
So please don't go out and buy. Gummies thinking that they're going to block COVID it's just not true. That in mind. Awesome. Study it piggybacks off of, I believe the Oregon state study that came out a couple of weeks ago. Super interesting CBD is picking up some steam in the COVID the fight against COVID bi-partisan Pennsylvania, Senator senators file a bill for medical marijuana patients to grow their own plants.
Simultaneously in Nebraska, there is an internal feud for medical marijuana, legalization activists say the new GOP bill is a poison pill meant to detract from ballot efforts. So I've seen many bad bills in this industry. I current have not looked at the red GOP bill, so I do not have an opinion, but that being said, it will be interesting to see what moves forward in a more conservative states, such as Nebraska.
Last, but not least most expensive weed in the United States is cannabis caviar, solid alliteration named they're sold for $1,400 per ounce. As a comparison, cheaper weed in Oregon costs about 185. Per ounce, everybody. This is cannabis daily. If you're looking for a stock to look at today, I think sundial is a winner.
Also keep an eye on true leave in Columbia care as they have some movement in terms of shares. But other than that, definitely more of a day for legalization and the study and research and develop. Of cannabis and cannabidiol. Thank you so much for tuning in. We're going to do this four more times this week.
Pumped, let us know what you think. Last announcement I will make is Benzinga cannabis. Capital conference is coming to Miami on April 20th and 21st till rate canopy, sundial. We'll all be there along with tons of others influential executives and investors in the industry. Come meet me there. Tell me you love me or hate me in person, but we'd love this.
BZ cannabis.com. Thanks. I'll see you tomorrow. Hey investors, thanks so much for tuning in to Benzingers. As cannabis daily stock picks and news podcast everyday pre-market. Once again, this is not financial advice. Please do your own research. We hope we bring you the best and most efficient news for your investing.
Continue to find us on benzinga.com/cannabis, spending a.com/podcasts or on YouTube on Benzing channel.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
More than 50 % of Americans don't believe President Biden will get anything done for the Cannabis industry in 2022.
Stocks Talked About In The Episode:
Trulieve Cannabis(OTCQX:TCNNF)
22nd Century Group(NASDAQ:XXII)
Elliot's Stocks To Watch For The Day:
Glass House Brands(OTC: GHBWF)
(Mystic Holdings Inc OTC: MSTH)
Goodness Growth Holdings(OTCQX: GDNSF)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Good morning, my friends. Welcome to your field. Good Friday episode of cannabis daily. This is Elliot lane, your host as always with my good friend, Aaron Thomas who's producing and we'll join as he always does on Friday to give us some more interesting bits of news about cannabis culture, but super excited to be here.
It's been a great week, been a lot of legislative news this week, but a lot of stock news this week, and it's not slowing down. Today for all those who are new to the show this show brings you stock insights and news on the cannabis space and tells you what might be worth keeping on your watch list to look for an investment opportunity and, or not.
So let's dive right in mystic, holding. This is a Nevada operator, a company that has pretty strong footprint in Las Vegas. They list on the OTC Q X upgrading from the pink markets with ticker, M S T H. I love this management team. They are filled with lawyers they're filled with just people who know compliance, know the space.
They have really cool branding. Qual can is part of their brand. If you know them in the Nevada area, They are a strong company that I think could challenge the likes of 1933 that could challenge the likes of flower one. So keep them on your watch. Let's keep an eye on the Nevada market.
There's some super interesting players there. And of course I didn't even mention planet 13. So Nevada obviously becoming a battleground pretty quick. Private companies some news there, solar therapeutics, which you wouldn't think was a cannabis company based off its name launches, a paleo and the vegan artisinal chocolates and edibles line in Massachusetts.
This is edibles B Y K Y or. Becky, I don't know, but very cool news there. This is the first of its kind, apparently in the state pharma can the largest private MSO, if I'm not mistaken, currently issued 12% senior secured notes due in 2025. And they raised around 39 and a half. Million dollars off of that.
So pharma can being your largest private MSO, or for those of you who may not be aware that as a multi-state operator companies who are operating in multiple states as cannabis growers and distributors. Plus products, files, sanction order with the Supreme court of British Columbia to approve transaction.
In combination with glass house brands, that's OTC listed G L a S F a strong California company. There most likely a very strong MSO when it's all said and done. But I love this acquisition by glass house brands and plus products obviously does as well. Rhode Island, governor includes marijuana, legalization and expungements in the budget requests.
So another state looking to move forward here, we've touched on South Carolina. We've touched on Mississippi making moves and now Rhode Island this week, also looking to make its move Premera. Want a moment? Precedent and Biden's promises for the marijuana industry remained vastly unfulfilled and Americans by more than half.
Do not believe he will get anything done for the industry in 2022. So obviously we don't want that to be the case. We want the marijuana industry to move forward. But it is worth noting what is happening, what is not happening and safe banking through the sentence, or one of the bills that is currently in the, in that the house of representatives and or Senate will most likely move before the.
It takes any action, Kevin, what he's done to date harvest health, and truly celebrating one year anniversary of recreational sales in Arizona with in-store activations and product specials and celebration. So that's pretty cool. It's truly TFC in F biggest M and a, I believe to date with their harvest health acquisition expanded them into the state of Arizona and they are celebrating the Arizona sales, which.
Relatively massive since Arizona came online and last but not least 22nd century XXI appoints James mish to the board of directors. He is the president and CEO of the company. XXI is a very cool company that towed the line between cannabis and tobacco. So with that being said, that's some stock news for ya.
I would keep glass house brands, Glasshouse group on your watch list. I love that acquisition when it closes. I think it's going to be big news in personally for me MSDH or mystic holdings is definitely worth a look. Nevada is a very interesting state that I think hasn't been nearly fully tapped yet. So I, I.
What they're doing, and I love that. They're ready to go to war down there. Aaron, get your butt over here and tell me something. I don't know about cannabis. What's up Elliot. How's it going? Zinger. Nation. Happy Friday. We are back at it again. Whoo. Yeah, let's go. We are excited. Yeah. All right, let's get right into it.
So first up New Mexico ups cannabis production limits as adult use sales loom. New Mexico sales are about to expand with adult use legalization. So to prepare cannabis production is working to keep up less than three months before legal sales of recreational cannabis begin in New Mexico state regulators have increased production limits placed on adult use cannabis cultivators under emergency regulations that went into effect last week.
Most licensed cannabis producers will be permitted to grow twice as many plants as previously. Which is very great news, right? Let's see. Yes. Just to bring it back to the stock industry and, or the stock market, part of the cannabis industry, I should say, not the stock industry.
But to bring it back to that the company is, I think of our goodness growth. G D N S F a is a strong. Decently medically based operator in the states, but used to be a considered top 10 MSO, they have fallen off a little bit, but they're still there. They're still fighting. And in states like New Mexico and Minnesota, and I think this is big news for somebody like them.
This is cool though. However, isn't it like 70 days away? Yeah, it's right around the corner for New Mexico. They said that the that the. Provision. So like the limits are a set till July so that they have the Capitol. Nice. The reason I ask is I don't think that's enough time for a full harvest.
So I would imagine if you're trying to prepare for recreational sales, there might be an issue in products once that launches, but I know New Mexico is not an incredibly populous state comparatively to other markets like California. And some of the larger markets out there right now, but just something to keep an eye on and something I think we covered before.
In the sense that I think some people feel like there might be a product shortage because they did this so late in the game. However, it is still good news, especially for the companies growing in that state. Totally a great news for New Mexico, a men, another state jumping on board. We've been talking about it all week.
Aaron, what else we got my friend. Let's go. So three. C H I blazes into a 2022 partnership with NASCAR racing. So 3 8, 3 Chi and NASCAR teaming up for a first of its kind partnership between the hemp company and racing brand. The world is the world of cannabis has shifted. Again. Social media has lit up with memes and cannabis fans, collectively rejoice.
So ever since the company first pioneer Delta eight three Chi has been a company focused on THC innovation with hemp based consumer products. Now raising the bar, the company has teamed up for groundbreaking partnership with Richard Childress racing. Tyler Reddick, the driver and number eight NASCAR cup series team.
- This is a significant partnership for both organizations as it marks the first category specific team partnership in NASCAR and first hemp-based consumer brand sponsorship across all major professional sports. It's a big step for NASCAR and a huge step for the THC industry. I have questions. Specifically, this is awesome so start there congrats to three Chi.
Super cool. This is this the first I feel like I faintly remember him fusion doing this. A while ago like a year and a half ago, but I don't know if it was in the U S so maybe that's the distinction. Okay. However, I'm not trying to take away from three Chi and in the marketing here, I think this is super cool and NASCAR is huge.
So I don't think infusion did it in NASCAR. I think it was like F1, not F1 some it was some sort of race car. I thought that they did it on a. But I could be wrong, but I will. You know what guys, I will come back to you on Monday with whether or not that happened. I'm relatively positive that you're going to have to fact check yours, check yourself relatively positive.
That him fusion that has done that. But that being said very cool news for three C H I a. Yeah. I would also point to Philo and we sign up that just did it as well. It seems to be a new way for cannabis companies to put themselves on the level of other major CPG brands of other major just B to C focused companies.
And just just worth noting. I think for the industry that these companies are ready to be mainstream or they feel. Yeah, and three Chi is the main sponsor of the car. Their logo is very apparent on the NASCAR itself and our NASCAR race car itself. So this is, this could open up many different sponsorship opportunities for other cannabis companies.
So let's see. We'll throw it to the audience out there. What do you think is the next cannabis company to appear on your favorite teams, Jersey, your neck, your favorite teams, a sports car. What have you let us. It's going to be one with a big marketing budget. And honestly, we haven't seen a lot of those in this industry to date.
I will honestly be very interested to hear what our audience has to say. Three Chi though. I don't want to take away. I was just for some reason thinking that this wasn't the first, however, it could be the first for a major us sport. Which is fantastic. Awesome news there, man. Anything else you want to close us out with one last?
News items. So cannabis companies target teens on social media, a study clamps. So a new study with a modest sampling pool found that cannabis retail companies are not adhering to state restrictions on social media and are targeting teens. The study was published in the journal of studies on alcohol and drugs recently on.
On January 19th and found that many recreational cannabis companies market their products in a way that appeals to children and teens, flouting, state regulations, or flouting state regulations once Staley's flouting state regulations. But what state are you just like? Just general state regulations.
So say, okay, not a specific state. Content analysis of cannabis company adherence to marketing requirements and four states provided. So that was a mouthful. I did an analysis of social media posts from cannabis companies and a handful of legal states. A team of researchers evaluated one year of publicly displayed posts on Facebook and Instagram by retail cannabis companies in four states, Alaska, Colorado, Oregon, and Washington, and evaluated.
If companies adhere to restrictions on social. Keep reading on, keep going on the, they go on to say that a lot of these marketing ploys by in these states definitely did not follow the state regulations. They were not including their age restriction, labels or warnings.
They weren't properly labeling their posts. There were more. Hey, here's some, here's our cannabis marketing. It's open to everybody. You got to follow regulations and unfortunately in cannabis, even more so than other industries it's an unfortunate thing that you have to digest when you work in the cannabis space is that you are held to a different standard than a lot of other industries.
And. That standard can be ridiculous sometimes in California, they don't let you, they don't let you have billboards as cannabis companies because they feel like you're targeting teens with that. Yeah. I would love to see all the lists of ways that this is effective for teens.
In their marketing, but that being said, there are regulations for a reason and whether we like them or not, you, the only way for the industry to move forward is for companies to be compliant. So that's unfortunate. And I hope some of these companies. You move forward intelligently. Now it would be curious to know which ones they were slash if they were all in the licit market or if some were in the gray market, definitely would like to know that, but that might be a study for another day.
Yes, sir. Awesome. Aaron, good news today, man. Appreciate you jumping in everybody. This is. Daily Thank you for checking us out. We bring you stock knows every Friday we chat about what's going on around the industry, outside of the markets, but this is meant to bring you some interesting cannabis information.
Let us know what you think, and review us.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
The industrial hemp market will exceed $310 million by 2027.
Decibel Cannabis Company Inc OTCMKTS: DBCCF announces stock options to be granted to employees of the company.
Tilray (NASDAQ: TLRY) subsidiaries continue to grow.
Fire & Flower Holdings(OTCQX: FFLWF) preparing for NASDAQ listing.
New York will generate $1billion in marijuana taxes.
$FFLWF $DBCCF $TLRY
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Hey investors, This is Elliot lane with cannabis daily. Thanks you all for tuning in. Thanks as always to Aaron Thomas, our producer, who makes this show happen and benzene the platform. I don't know about y'all, but I need some extra copies. It is a Thursday that feels like a Wednesday. So let's push through it.
There is a ton of news to talk about in the cannabis side of life, though. Tons of legislative news and tons of stock news. So let's dive right in the Mississippi state house votes to approve the medical cannabis bill. It will now go back to the state Senate. Motion to approve it prior to the house, but with some amendments to be voted on by that body.
So another step forward for cannabis progress in the state of Mississippi, not going to lie. I thought my home state of Kentucky might beat Mississippi, but alas, disappointed, whatever. Congrats to Mississippi Agrifoods ADF. Why on the NASDAQ announces $250 million of new bookings in Q4 2021 guidance that they released prior to.
To the announcement suggested 100 million of bookings. So that's $150 million worth of new bookings of difference that they beat their guidance on huge difference. Perhaps the team, they should probably reassess their guidance, but that is awesome. Reaffirm the actual reaffirm. Fourth quarter revenue guidance of 26 to 28 million.
So AgriFood, continuing to impressed cans have therapeutics CTA. The F on the OTC markets announces the launch of e-commerce platform that is www dot can tab that's CA that's C a N T a b.ca. This will be for the company solid oral dosage cannabis. Products. They are focused on health and wellness, definitely more on the medical cannabis side of life.
They have the more aggressive in their news recently. So it is interesting to see them try to compete with more LPs of tier one and tier two. So according to global market insight, something interesting here, the industrial hemp market will exceed 310 million us dollars by 2027. This is driven by food and beverage favorable government regulations and policies and escalating product demand.
I would definitely expect $310 million to be a local. For this number especially once industrial hemp becomes more favorable Pam straws, just as an example, I know that's the one that we all use as an example, but there's so many uses for hemp. I can't imagine 310 million will be the cap. A sponsor of the bill says the medical marijuana legalization bill for South Carolina will be on the state Senate floor by next week.
Another Southern state moving. They're with medical cannabis, decibel, cannabis, or DB CCF on the OTC. This is another Canadian licensed producer of cannabis announces an aggregate of 3,471,294 stock options to be granted to certain officers and employees of the company in accordance to the company plan.
Each option is exercisable as one common share at a 14 cent Canadian prices. Per share per their press release. I always love seeing companies give back to their employees. It did not specify which employees these were, so it could be the CEO. It could be the head grower. It could be a bud tender, not quite sure there but it is interesting that.
That's almost three and a half million shares that they're granting there. Cura leaf, C U R L F on the OTC announces two new Pennsylvania dispensary openings. They've been relatively quiet recently. I would expect more news coming from that company as it is one of the largest in the world sooner, rather than later, Manitoba harvest a Tilray brand subsidiary to Ray of course, listed on the NASDAQ as T L R Y.
Manitoba harvest is a hemp food and natural food manufacturer. They announced a new hemp hearts product in their natural food and wellness product portfolio. So Tilray subsidiaries continuing to grow and provide the company and incredible depths into different. Country markets, fire and flower FFL w F preparing for NASDAQ listing with their filing of a 40 F with the sec.
Super, super exciting for me. I love fire and flower. I think they have an amazing footprint and amazing partnership with circle. K. They are one of the leading retailers in Canada specifically, but they also have a uterus. Extension as well. They also have a data platform that is very well-respected, especially in the Canadian community called high fire.
H Y F I R E a. It's very much relied upon for data and insights into that market. Overall I think this is an incredible company to keep on your watch list. Of course, no stock suggestions here, but once they are listed on the now. Definitely take a look. I personally vote for the ticker fire F I R E, but I don't know if that's already taken or if they're moving in that direction.
That being said, keep an eye fire and flower FFL WF currently on the OTC. And finally, New York will generate a Roundup, $1 billion in marijuana taxes per governor hotel. This is Elliot lane with Canada Staley on this fine Thursday morning. I hope this helps rank and review us. Let us know what you think.
Cannabis. Our bins are that comp Vme suggestions. We look forward to do this one more time next week with Aaron Thomas popping in. See you tomorrow.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Martha Stewart CBD Launches New Line of CBD Wellness Topicals
By the end of fiscal year 2023, HEXO(NASDAQ: HEXO) has also identified $30 million Canadian in savings from optimizing its production network and leveraging the capabilities of recent acquisitions.
Austin,TX lawmakers approved the cannabis decriminalization initiative to be on the may ballot.
Louisiana Senate candidate, Gary Chamber's campaign ad is fully focused on marijuana, legalization and decriminalization.
$INM $SNDL $CGC
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Delta 9 Cannabis(OTCQX:DLTNF) gets a buy rating
Global cannabis beverage industry will reach $2B dollars by 2026.
Vermont lawmakers introduced legislation to decriminalize all drugs.
Decibel Cannabis Co(OTCQB:DBCCF) announces a record market share growth in Canada
New Mexico doubles plant limits for cannabis growers.
Elliot's Winners of the day:
MariMed Inc. (MRMD)
Generation Hemp(OTCQB:GENH)
Urban-gro(NASDAQ:UGRO)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Good morning, friends, happy Tuesday. I hope you all had a wonderful long weekend and we're able to celebrate and or relax recuperate reconnect on Martin Luther king Jr day. And I'm very important day in this country's history. Again, very happy to be back. This is Elliot lane with cannabis daily, Aaron Thomas producing the show as always, and thanks to Benzinger for the platform.
We've got tons of dive into stuff from Friday stuff from over the weekend. Some new. From yesterday as well. And this morning, so let's dive right in. We won't hold you up any longer. So first and foremost, Delta nine, that is DLT and F on the OTC gets a buy rating and a $1 Canadian price target from research capital citing doubled retail footprint to around 30 or 2 35 from 16.
And they maintained their market share in recently released. Guidance plus tons more. There are several press releases on this prompts to Ian Chad C. John are both not over there and team. Delta nine has been working very diligently in the Canadian LP space and they are really putting up a good fight and their numbers.
Are behind that and show that stem holdings or driven by stem now S T M H on the OTC releases their fiscal year 2021 earnings after market closes on Friday revenues of around 41.8 million are up 155% year over year. Their fiscal year 2020. Revenues or 16.4 million. So huge bump percentage wise for the company year over year in 2022, they're looking to reduce expenses and achieve positive adjusted EBITDA.
So it's driven by stem. Honestly, when I first looked at this press release, I was a bit concerned that they decided to release aftermarket. On a Friday news dump, but with that being said, these numbers are very promising. And I think with the exception of the negative epidemic so far 2022 could be a very positive year for this company.
AI based market research solution report, linker.com says the global cannabis beverage industry. We'll reach 2 billion us dollars by 2026. So big promise there for the beverage market. Vermont lawmakers introduced a legislation to decriminalize all drugs. The measure would make possession and distribution of personal amounts of currently illicit drugs punishable by a $50 fine with no prison sentence.
Lots to dive into, I would say, on the political front there, but that is not the purpose of the show. That being said a good step forward for cannabis, a sin wellness AA, w H on the OTC files a lawsuit in the commercial division of New York Supreme court against med men, M NFF. You thought we were done with this story?
Didn't yet AEW Atrius in wellness holdings, seeking an order to compel med men. On the specific performance of transactions covered in the investment agreement between the two companies, mad men, really doing their best to just sidestep or juke this, that this appeal, this investment agreement between the two companies, but as sin wellness will not give up and will not be ignored.
So Abner, Curtin and team are going to fight this whole. Halo collective H C a N F on the OTC receives a local approval for the new blue Degas dispensary. That's B U D E G a in Los Angeles is NoHo arts district. The last regulatory hurdle will be state level approval. This will be the second bodega dispensary plan to open in Southern California in the next few months.
Also news for halo can a collective. They did just receive. 14 million Canadian dollar financing from alpha blue ocean family office. So halo collected was one I mentioned last year that I'd like to see, get a little bit more aggressive with their news flow. Get a little bit more aggressive with visibility.
And so far in 2022, they have not disappointed. Valance V L N S on the NASDAQ announces a virtual investor day on February 7th at 11:00 AM. Eastern time going to go over. Milestones in 2021 as well as the company direction in 2022, I believe probably lots to discuss there for management decibel cannabis.
DBCF announces a record market share growth in Canada up to 3.4% in the major markets within Canada. Major provinces up to 4.2% and Ontario, specifically up to 3.1% New Mexico devils plant limits for cannabis growers. So good news there. However, some are worried. This increase is too little too late with recreational sales beginning in 74 days.
Many saying there will be product shortage due to the state capping the industries. 1933 industries listed on the OTC. T G I F F. Thank God. It's Friday. It's Tuesday. I'm sorry. Signs abiding LOI to acquire day one beverages day one has a portfolio of CBD infused sparkling water product products. The acquisition will consist of all common stock around 55 million shares seems like a lot of stock to me for a sparkling water.
Beverage company, but that being said, we did just go over the promise and potential of the marijuana and cannabis beverage industry. A and T G I F may be among the winners. We'll see generation hemp, G E N H, announces collaboration with crypto solutions. This may be one of the cooler news bits. I think of the day they are collaborating to build green energy plants in Bitcoin mining complex.
That we'll utilize hemp feedstock as a fuel source to power mining equipment hemp goings industrial here, in my opinion, its future promise among other things of course, but combining two pounds. Bitcoin mining operations is a super cool collaboration that to me, there are many ways cannabis and crypto will join forces and to see it happening now with a hemp company as a potential power source is super interesting.
And another winner for the day Mira med, MRMD probably one of the biggest winners of 2021. Is set to acquire green growth group, which has an Illinois license for vertically integrated operations, may embed making big strides and acquisitions recently, AMC MJ, or Merredin merger Corp to adjourn business combination meeting with Leafly to February 1st.
When they finally get some closure on this yall, Leafly may finally be public in February. That is urban gro NASDAQ listed UGR oh, announces increase. It increase to its stock repurchase program. Now up to $7 million worth of common stock shares looking to increase that shareholder value over at urban growth and finally grow generation G RWG in collaboration with harvest 360 technologies, they are launching a new national program to support education and training for social.
Applications, tons of news today, all big winners for me, our mayor med MRMD on the OTC generation, hemp, G and H on the OTC and urban gro UGR O on the NASDAQ. Keep an eye out. Y'all there's going to be tons more news this week. I think. Till tomorrow invest. I hope you make a ton of money today. Let us know if you have any feedback cannabis hour@benzinga.com rate and review us, let us know what you think.
Talk to you tomorrow.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Tune In for Elliot's top Cannabis Stock Picks for 2022. Elliot picks:
- Long term Growth Picks
- Short term Growth Picks
- Underdog Picks
- New Listing Picks
- Leading Brand Picks
in Canada, International and The US Markets.
In Other News:
Arizona tops $1 Billion in cannabis sales in the first 11 months.
NXXTF wins the Canadian LP brand of the year award.
HITI opens its 107th branded retail location in Canada.
How to avoid anxiety when consuming weed - look for strains low in THC and ones that contain a cannabinoid CBG.
Indigenous communities in Mexico are replacing corn crops with cannabis in anticipation of marijuana being legalized.
Recreational marijuana sales in Montana top $1.5 million in the first weekend.
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Oregon State research shows hemp compounds prevent coronavirus from entering human cells
Ayr Wellness(OTCQX: AYRWF) opens 44th dispensary in Florida.
Another stock to keep an eye on is Auxly Cannabis Group(OTCQX: CBWTF) It holds 23% market share in the vapor segment, in Canada, three vape products for Oxley placed in the top five across the country.
Delta 9 Cannabis(OTCQX: DLTNF) making improvements year over year
Don't forget to tune in tomorrow for our special episode of cannabis stocks to watch in 2022.
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Good morning investors. Happy Thursday. This is Elliot lane, host of cannabis daily. Thrilled to be back with you for fourth time this week on your second week of 2022.
Thanks as always to Aaron Thomas, our fearless producer, as well as Benzinga for the platform. This show is designed. To bring you cannabis news and insights for investible information for the day. So let's dive right in tons to chat about today on multiple levels. And some things I can't leave off, but aren't necessarily focused on the public markets.
Let's dive in Delta. DLT an F on the OTC provides guidance and timing for their financial year, 20, 21 year in results. They anticipate the quarter ending December 31st to bring in between 16.6 and 17.4 million. That is between a 17 and 23% increase year over year and nine and 14% quarter over quarter.
That is in Canadian dollars fiscal year, 2021 results to be between. To be somewhere around 61.8 and 62.6 million compared to 52.1 million for fiscal year 2020. So Delta nine, definitely making improvements year over year and believe me y'all there are some good businesses in this industry in Canada.
Let's not forget about them. Delta nine is one of them, one of the OGs in the Canadian. Next up the talk of the town, I would say for the last 24 or so hours a study out of, I believe it's Oregon state university says cannabis may block and or help people to not get COVID or SARS COVID 19. This is a huge, funny and people such as Jimmy Kimmel are saying, why are we listening to the CDC when we could just take CBD?
So with that being said I may look at my daily routine and add in some more cannabis. We'll see Huxton cannabis announces plans to bring weed to metaphor. People like relating to objects they know, and this could give them the option to get digitally stoned. I will let you all create your own opinions about this.
I just ask why pure extracts, P R X T F on the OTC signs, a white. Custom manufacturing license agreement with a west coast licensed producer to be named, to launch a line of vape products, not a stock. We talk about a lot, but one that's been around and active for several years now, Austin, Texas will have a decriminalization initiative on the ballot.
Other Texas cities will soon to follow activists for cannabis in the state have had little success on that level statewide in cannabis reforms. They're starting to turn their attention to the local level per normal in O R N O R M l.org. If you want to read more on that, this seems pretty big to me and slightly disappointing that we're still not in agreement over this, but Virginia law makers are divided on releasing marijuana prisoners following legalization.
10 people whose most serious offense is marijuana. I believe we're all set to be released in the next few years. So that may be part of the reason, but there's another 560 people are serving partially related to marijuana, serving sentences, partially related to marijuana. So something to keep an eye on.
I do hope at least those 10 people are able to get out of their sentence a little early. executive chair that see you RLF on the OTC, their executive chair, Boris Jordan, and six others. I believe file a $60 million lawsuit against an Oregon CBD startup saying they were induced into funding with false and misleading information.
Seven investors in the lawsuit are against Nitten Cana and a few others. The company's name was sending. S E N T I a. It was a spinoff of Cura partners. Its social CBD brand was sold to a California company last year for an undisclosed price. Kaunas attorney saying the company failed due to regulatory changes and COVID impact on cannabis retail.
Boris Jordan, I believe investing in this either on his own or through measure. Venture partners, but I do not believe this has much to do with curely from after reading this audacious brands, Aus a completes their acquisition of Luce, L O S which is just how you spell the company. That is not a ticker, but I can't a cannabinoid infused shot beverage company in Santa Cruz, California.
So audacious looking to expand their brand portfolio in the largest cannabis economy in the world. So good for them. We'll see how it, it affects their bottom line as they continue to roll that. Oxley cannabis, in my opinion, the winner of the day CBW T F on the OTC, I believe XLY on the TSX secured 15% market share in cannabis.
2.0 product sales in 2021. 14% in, I believe 2020 driven by the dominance in the vapor segment where it holds 23% market share 23% market share into the vapor segment in Canada, three vape products for Oxley securing top five spots across the country. So Oxley again, ticker CB WTF has been ripping and roaring.
The past, I would say six to eight months or so they really have burst onto the scene and become a major player in the Canadian market. Some would argue a little bit longer than that, but I really think that's been the time to keep an eye on this stock air wellness Ayr WF opens 44th dispensary.
Florida. Thank you all so much for tuning in tomorrow. We are going to bring you a special episode. I'm going to do cannabis stocks to watch for 2022. I will do my best for you. We won't forget about the news. Aaron Thomas May come on and give us a few tidbits about what's going on. Culturally in the industry, but we do look forward this, look forward to doing this one more time tomorrow.
This is Elliot lane. We'll see you then.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
According to the BDSA year ahead report :
Us legal cannabis market reached $25 Billion by the end of 2021. It's a 40% increase year over year. It will reach $30B worldwide over the next five years.
Tilray $TLRY acquires two more California craft beer brands for $5.1 million.
Check out Benzinga's Exclusive Tilray Interview here: https://www.youtube.com/watch?v=lTNcBVO_j2I
One stock particularly to keep an eye on is Greenlane Holdings $GNLN shares closed up yesterday, almost 13%
The Green Organic Dutchman $GRODF shares closed yesterday down.
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishou@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
good morning investors. It is your second hump day. I was about to say your first, but that just means that someday welcome to Wednesday.
This is Elliot lane with cannabis daily. Thanks for tuning in and as always thanks to our producer, Aaron Thomas for making the show happen and Benzinga. For letting us host this platform. This show gives you your daily cannabis insights and news into investing in cannabis stocks. So let's dive right in first and foremost, we're going to chat about the overall industry B D S a major data company releases a report on the year ahead And cannabis. This is directly from this report. Us legal cannabis market reached circa 25 billion by the end of 2021 40% increase year over year. This is driven by mature state markets, seeing more growth, the development of new and active state cannabis markets. So the mature state markets being your California is your Colorado's Oregon.
So on and so forth. The new inactive state markets being Michigan, Illinois. Some of the stronger Midwestern states there, as well as emerging states with recent or coming legalization, thinking more along the lines of your New York and states of that nature that have been in the. BDSA predicts the growth of brand recognition and perhaps brand loyalty.
Along with that quality cues will drive bigger price differentiation. That's interesting, and the FDA will not help out CBD this year. Unfortunately, and vaping will still be a strong branch and or arm of consumption. For cannabis, so things to keep an eye on per BDSA their year ahead report. Next up we have Tilray in the news several times yesterday, but first and foremost, I would not be doing my team service if I didn't call out a fantastic interview that my colleagues, Patrick Lane and Javier Haas had with Erwin Simon, the CEO of Tilray brands yesterday on our YouTube channel.
You can find that on Benzing a YouTube fantastic interview until Tilray earnings. However, TLR Y on the NASDAQ and AB InBev or B U E B U D a as their ticker is call off their partnership from 2018. Each company was to invest around 50 million, $50 million. Fluent beverage company with 50% interest, each seems like a AB InBev got a little bit better of the call-off deal.
I think they're keeping the equipment, but overall, I don't think a huge loss for till racing is how they've expanded their portfolio. And speaking of Tilray acquires two more California craft beer brands for $5.1 million. I think that's around six and a half million Canadian dollars. Is seemingly looking to become a.
A strong beer provider themselves. And obviously this will lead to THC consumption beverage products in the future, but for now they are moving and shaking that industry Leafly and Meredith merger Corp announced a $30 million convertible. Financing new capital will fully fund Leafly is multi-year business plan upon closing Merredin merger Corp is NASDAQ listed MC MJ.
The notes will bear about an 8% interest per year. The convertible notes for the financing are due by 2025. Leafly per their press release helps about 125 million visitors discover cannabis per year. That is. Huge number. This is a huge opportunity. And the fact that 30 million is going to cover what they need to cover is decently impressive.
Given the financings we've seen recently in cannabis, Michigan cannabis sales finished 2021 with strong December up 10% sequentially and 66% year over year to $168 million. The interesting thing about Michigan though, as they separate medical and recreational sales, medical sales, actually. By 17% year over year, recreational sales were up by 119% year over year.
So obviously putting some focus there for the companies in Michigan thinking gage and or Tara said and several big private operators and there are some other MSOE in the state with smaller footprints, can source them and Greenlane G and L N receives approval from U S P S to send a B2B designated vape products through the mail.
This is super interesting as I, I do remember this being a point of contention recently with vape products going through the mail but G and Ellen announces the approval. Recently cannabis action in Greece, y'all Kaia holdings, or K a Y S on the OTC announced they're majority owned subsidiary. Kaia farms.
Greece has entered into an agreement to acquire 50% of a medical cannabis. Project. So more movement in Greece, more movement internationally. There was also an article that you'll be able to find on Benzing. I believe that discusses the importance of cannabis for the future of that continence economy.
Super, super interesting. To get more news like that on benzinga.com/cannabis. One thing I do want to call out are some movers from yesterday. Up on the day, includes canopy growth, village farms, Neptune wellness terrace, and grow generation Hexo Oxley group. But in my opinion, one of the biggest winners was green lane.
Their shares closed up yesterday, almost 13%. So keep an eye on them throughout the day. I think the U S P S news is bigger than it's getting credit for at the moment down for the day. The green, organic Dutchman. They closed down about 3.2, 5%. But they have had a good run lately, so that doesn't make me super worried about the stock itself.
Thanks. Y'all for tuning in on this fine Wednesday. I hope you all are getting ready for a very successful day of investing. This is Elliot lane with cannabis daily rate and review us, let us know what you think. We will do this again two more times this week, so you can.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Xebra Holdings: One to keep an eye on I think in the beverage product alignment and other products is $XBRAF
A value stock and a good one to look at OrganiGram Holdings NASDAQ: OGI released their Q1 2022 earnings.
Columbia Care CCHWF had a solid week last week around a 5% upgrade. MPX international $MPXI is a winner in the last week. I hope this continues to grow and be a solid performer there. In terms of losers, Grow Generation still lagging a bit down.
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishou@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Happy Tuesday. This is Elliot lane host of your cannabis daily show, bringing you all stock news and insights for the cannabis sector.
Getting your trading and investing day off to a right start looking forward to diving in, but as always, thanks to Aaron Thomas for producing the show and Benzinga up for the platform rate and review us, let us know what you think as well as shooting emails at cannabis hour. benzinga.com. If you have any thoughts on the show, but let's.
Let's dive right in. Plenty to discuss today. Zebra holdings, that's X E B R a holdings. They upgrade to the OTC, QB X, B R a F, same ticker as before. But they are upgraded to a better listing. Love that for them. They have some good partnerships in the cannabis space. One to keep an eye on I think in the beverage product alignment and other products such as.
In the cannabis industry, moving ahead, I think to probably the news of the morning, for most as the organic gram earnings release, OGI on the NASDAQ released their Q1 2022 earnings. They maintain and solidify their position as the number four market share leader among Canadian LPs to be specific that is around seven and a half percent of market share in the Canadian cannabis sector up year over year from 4.4%.
Last year was a bit of a telltale for several Canadian companies. I'm not sure organic gram had the right tail told I was not super bullish on this stock last year. That being said it was. A value stock and a good one to look at, but it seems to me like they are and have been moving in a positive direction, especially under their new CEO.
The revenue was up 23% sequentially quarter over quarter. Now up to 30.4 million, which is the highest quarterly net revenue in company history. Organic Graham had their home. Quarterly revenue, net revenue and company history. That's incredible. It's up 57% year over year. Fantastic. The one thing I would probably look at, but doesn't worry me too much.
Given their market share position, they have a decently sizeable inventory number on their earnings. Something to keep an eye on all that being said. OGI as of last week, I believe was down around six to 7%. So perhaps a DIT buying opportunity there depending on how the market reacts to this news today for a growth Corp FLDC completes construction of a 10,500 square foot harvest and extraction facility.
Their first batch of crude oil has been extracted and submitted. To the Colombian government, perhaps that team over there, they have tons of news and honestly, all good news to date in 2022 med men, M NFF, you think, you know what I'm going to say as of the news last week, but not quite. They expand their product portfolio with new products from fog city farms, Fox city farms as a Santa Cruz based cannabis cultivation.
Company to my knowledge, they still have not responded to the OSINT wellness claims. But hopefully we'll get more on that soon. I would imagine a CIN wellness holds the cards for them. We'll stay stand off. Toddler and Ohio was hospitalized after eating cannabis, infused cake pop, groovy smoothie as the restaurant they can make fruit bowls, juices, and smoothies with the choice of being infused with cannabis.
I'm not going to lie. This sounds a bit iffy to me. For many reasons. I'm sure. It sounds iffy to many people who have knowledge about the Ohio cannabis market. That being said, they gave the toddler the wrong cake pop in the wrong treat. He was three years old and the mother noticed something after about 10.
I think it was about 10 minutes and took him to the hospital and it wasn't deed and fused with Canada. Tree's corporation will begin trading on the Neo exchange under the ticker T R E. They are a retail based or retail focused cannabis company with 10 shops in Canada. One thing to call out as retailers last week had a solid week up around six or five and a half to 6% some other stocks to keep an eye on this because I mentioned organic.
Bit of a rough week. Columbia care had a solid week last week around 5% upgrade. They're looking at week, month and three month performance. MPX international is a winner in the last week. I ant this continues to grow and be a solid performer there. In terms of losers. Grow generation still lagging a bit down.
I would think 20% over the last week. And heck so over the last month, still lagging they're outside of that I would just keep an eye on the OGI ticker today. OGI F L G C. See how the market reacts to med men releasing a release that doesn't have to do with the CIN wellness. But outside of that, I hope this gets your day started.
You have some great cannabis news for your investing. This is Elliot. And Aaron Thomas, we look forward to doing this again tomorrow. Hey investors, thanks so much for tuning in to Benzingers. As cannabis daily stock picks and news podcast everyday pre-market. Once again, this is not financial advice.
Please do your own research. We hope we bring you the best and most efficient news for your investing. Continue to find us on benzinga.com/cannabis, spending a.com/podcasts or on YouTube on Benzinga channel.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Tilray big news of the day, TLRY a profitable second quarter of their financial or fiscal year, 2022, the parent company now renamed to Tilray Brands.
Kentucky Republican state representative introduces amended medical marijuana bill, and attempt to win by partisan support, Kentucky just doing its best to stay in the cannabis news as much as possible.
Canadian-based company Instadose Pharma Corp INSD completed a world record shipment of 2.125 tons of medical cannabis from South Africa to north Macedonia on 25th of December.
African cannabis market will be worth around $7 billion annually by the year 2023, do not forget about Africa.
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishou@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Get access to actionable news and market research with all the information you need to invest smarter and profit faster. Start your free trial today at pro dot Benzinga dot good morning. My friends welcome to cannabis daily. My name is Elliot lane. Your host, thanks to Aaron Thomas for producing the show and Benzinga for the platform.
It is a magnificent Monday here in New York city. We had a giant snow storm end of last week, and it's all gone now. Worst parts of snowstorms in New York or the slush afterwards. And I'm pretty sure we avoided that. So I am a happy camper this morning, but we're here to talk about cannabis stocks the news and insights that might move your trading and investing on the day.
So let's get started. Let's dive right in with truly TC and an F on the OTC. Steve will reiterate a buy rating on true leave with 135 Canadian dollar price target. Pretty massive comparatively for the industry. Steve says truly set itself apart from most of the industry by releasing its new sustainability report and ESG analysis as a side note.
So to canopy growth they are not the only companies to do but definitely unusual for a young industry like cannabis to do so props to truly leave. They impressed the analysts over at Steve. Tilray big news of the day or of the morning, we'll say T L R Y on the NASDAQ reports, a profitable second quarter of their financial or fiscal year, 2022, the parent company now renamed to Tilray brands.
Their net revenue is up circuit 20% to $155 million year over year. However, it did decline. 8% sequentially quarter over quarter. So not heading in the right direction. A few other bits of notes here on their earnings, their adjusted EBITDA of 13.8 million marks their 11th consecutive positive quarter.
They have around 20% of the market share in Germany. They also remain the market share leader in Canada. Even though that market share number did decrease from 15.7% to 12.7%. Other companies are doing much better in the Canadian market. Yeah. Obviously investors and analysts are not thrilled with the 8% decline and the decline in Canada, that being said, I look at that market share number in Germany, and I think of the access that will give them to the rest of Europe upon legalization.
And I remain bullish on them. In terms of long-term investing, I'll say, so take this report for how you will, I think positives and negatives for T L R Y on the NASDAQ June. J U S H F CEO purchases, 66,800 class. Be subordinate voting shares for about $220,000. Jim Cacioppo is the CEO. He now holds 19.2% of the issued and outstanding subordinate voting shares.
So he likes what he's doing over there. This is a positive we like to know when C-suites are buying and selling their stock. So Jim gives us something perhaps a little bit of. For juicy that's J U S H F prince George international airport in British Columbia announced his aspirations to be the first airport tournament terminal with cannabis dispensary.
I'm not sure where people are going to fly to that, unless it's just within Canada. But that being said interesting and positive aspiration. Can tab therapeutics, CT, a B F makes their first shipment of five milligram THC tablets to the Ontario cannabis store. And they made their second shipment of both THC and CBD to Australia.
We all know how saturated the Canadian market is, but I look at the Australian news and their second shipment going there as a. For sure. Kentucky Republican state representative introduces amended medical marijuana bill, and attempt to win by partisan support, Kentucky just doing its best to stay in the cannabis news as much as possible last but not least my friends let's turn our thoughts internationally.
Canada based Insta dose to farm a Corp. That's I N S T a D O S E completed a world record shipment of 2.125 tons of medical cannabis from South Africa to north Macedonia on 25th of December. This is according to a statement released by the company. This is also boosting hopes that the African cannabis market will be worth.
Gosh, around $7 billion annually by the year 2023, do not forget about Africa. They are saying ladies and gentlemen, this is cannabis daily with Elliot lane. I almost forgot my name. Get your day started. Take a look at Tilray. Truly Jewishy can tap therapeutics. We'll do this again tomorrow until then.
Hey investors, thanks so much for tuning in to Benzing. As cannabis daily stock picks and news podcast everyday pre-market. Once again, this is not financial advice. Please do your own research. We hope we bring you the best and most efficient news for your investing. Continue to find us on benzinga.com/cannabis, spending a.com/podcasts or on YouTube on Benzinga channel.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishou@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Good morning investors. It is feel good Friday, first, Friday of the year, right? Yes. Yes. First Friday of the year, this is. Cannabis daily hope y'all are having a great first week of 2022 so far.
Thanks to Aaron Thomas, our producer for the show. Who'll be joining us in a few minutes to chat about some happenings in cannabis. This show is mainly brought to you for the purposes of investible cannabis news for the public markets and or those companies that you can take part in. I hope this show gets you started off right for your day of trading and investing and or long-term investing.
Cause that's what most cannabis investors. Yeah. At the moment, but let's dive right in not going a long diatribe about the performance of cannabis stocks in 2021, truly TC in and F on the OTC markets. Their dispensary's combined with their acquired harvest. Dispensary's did a Roundup at the register campaign.
$87,000 to donate to disabled American veterans. That's dav.org. And I must say this because Kentucky has been in the news, they are of course, located in Kentucky. However, of course it doesn't really mean. But that being said, it's nice to see partnerships that extend in the cannabis industry to states that actually have not even legalized yet.
So something to call out there and also a big shout out to truly as I love calling out news like this next up, we have another major MSO multi-state operator in the U S cannabis industry, air wellness, Ayr WF. Also on the OTC provides a stock repurchase update. The company has repurchased. Around 568,000 subordinate voting shares for a total of $11 million Canadian.
So obviously good news for air wellness, shareholders, Columbia care CCW H or CC HWF can also on the OTC convinces a solicit solicitation of consents from shareholders of its debt from 2020 to consider amendments to the. In denture. Basically what they're trying to do here is to significantly increase the company's borrowing capacity to support growth initiatives.
Now, for those who are not investing in the cannabis space yet a big hesitation is the debt that companies deal with in the public cannabis space, specifically MSOE, however, MSLs have been borrowing at lower rates recently. So that's good news, but that. If I'm going to trust debt with any leadership team in this space, Columbia care is probably going to be up there.
I have huge faith in Nick Vita. I have a lot of faith in Jesse Channon. I think they are a very well run business. So this doesn't really make me nervous in that sense, per a current occurrence data. Corona is a leading anciliary company. Cannabis space, NASDAQ listed K E R N. They list their top five cannabis sales days of 2021.
The first being of course, can you guess it? April 20th. That's for 20 20, 21. The next four concurrently our black Friday. Green Wednesday, which is the Wednesday before Thanksgiving, then followed by that is the Thursday before Christmas. And the fifth highest sales day for cannabis is the Friday before labor day.
Very interesting there, few more bits of news here, hydro farm reaffirmed their net sales and adjusted EBITDA outlook for financial year 2021. We'll probably be seeing those reports soon. I would imagine that. For around 470 to 490 million of net sales, which would take them up around 40% year over year adjusted EBITDA of around 47 to 53 million top Kansas Democrats unveil initiative to put medical and recreational marijuana on the ballot.
A busy week for that as you're seeing politicians in Iowa and Rhode Island and Kentucky do the same at least with medical, if not both Bit of fun news for those that haven't legalized adult use yet states that have collected more than 10. Billion dollars in adult use tax revenue pro-marijuana moment.
So huge news there, in my opinion, to more than the bits of news for the leading, or we'll say the highest volume cannabis stocks till rate TLR. Why on the NASDAQ Pablo's wanted show Cantor Fitzgerald, a leading analyst in the cannabis space. His 12 month price target to $7 and 40 cents previously $11 80 cents.
But he did stay neutral on the stock. His main point we'll say of contention, but this is not, that's not his word, my word. But he pointed out the company 16% drop in recreational sales in the November quarter in the same period, the market grew 5%. So not a positive trend there for the company.
Not overly worried. It's still re they're huge, but that. Got to keep up with the market in some sense. So it was Juan reflecting his thoughts in his 12 month price, target sundial, S N D L also on the NASDAQ opted to improve the consideration for Al Kana shareholders by including a cash component as well.
So now Al Canada shareholders will receive $8, I'm sorry, 8.8, five common shares of sundial and $1 and 50 cents. Per Al Canada share. So again, that's around nine common shares of sundial, plus a dollar 50 for every out can a share for our Canada shareholders. So a sundial showing their love for their new ideally new branch of their business.
With that being said, y'all, that's our start to the Friday for the stock news. With that being said, Aaron Thomas, get over here, man. You have some fun news to chat about as well. Happy. Happy new year Elliot. Yes, I do have some fun news and happy Friday to you guys out there and seeing your nation.
Thank you for sticking with us into 2022. And we hope to keep it going for you guys. Let's do it. Yeah, let's do it. Let's do it. Let's get going. Philadelphia joins the list of states that prohibit pre hire marijuana testing. So Philadelphia's prohibition on testing for marijuana as a condition for employment takes effect on January 1st or took effect on January.
2022, the applicant may have the Kentucky Republican state Senate lead. Yeah, take that Kentucky. Hey, now watch it like Kentucky. I said the Kentucky Republican state Senate lead. That's what we're talking about. If we don't know what we're talking about, check out our previous episodes this week. Exactly.
Just rewind in the week and you'll know exactly what Elliot meant. The aptly named ordinance requires that most employers rethink their preemployment cannabis screening policies and act swiftly to remove TAC from their testing panels in advance of the new year. So very interesting. I know. What was it earlier?
We mentioned it last year, but I think New York was on that list planning to stop that pre hire marijuana testing and hoping that a lot of other states follow suit, because I think it's great for the industry that it also does mean that. Exempt from being tested for marijuana. Obviously there are cases where, you know, like post-employment random AR or random use cases or random cases for marijuana testing always will apply.
So be careful out there just be smart. Y'all be a research. Exactly. Exactly. All right, moving on. So guys, you might find this very interesting. Where is. Cheapest and most expensive let's pay attention to this one. Yes. Yes. Retail prices vary widely across the medical markets with Virginia boasting doubled the levels found in Connecticut in a recent analyst note, Cantor Fitzgerald, Cantor, Fitzgerald analyst, Pablo.
Pablo Zuanich reviewed the retail price differences in cannabis flowers across 14 states, six with six, with recreational and medical sales and eight. With medical only sales. The range from lowest to highest was as follows. Connecticut was at 9 75, so $9 and 75 cents a gram with whole flower taking 3.5 gram.
Florida was next at $11 and 97 cents. New York at $13 and 70 cents, Ohio and Maryland around that range at $13 and 83 and $13 and 89. New Jersey, Pennsylvania following up with 1495 and 1562 and the most expensive state. What do you think it is? Elliott Kelly? No problem. No, no one more guy. So I'll give you one more.
Or no. It's actually on the east coast, Virginia eight. Oh, wait, you already said that. Yeah, Virginia $18 and 60 cents per gram is the average there. Dang dude. So wait, did you mentioned California and Oregon? No, they I didn't think so. That's slightly surprising to me. I will not be moving to Virginia anytime soon.
But I am in New York. So I'll take the third cheapest state of marijuana, which is incredibly surprising to me. I've that being said I live near Connecticut and we're going to Miami, Florida in April. So I'll take the three cheapest states in my first four months, we will. All right. All right.
So guys, if you obviously live in one of those states check out the prices and let us know if obviously you've seen cheaper or more expensive marijuana, let us know. Alright, man, what else? One more for us RAs. One to wrap up the day. So Gary V announces inaugural greens. Cannabis festival complete with hip hop and culinary stars.
The event will feature Los Angeles is top culinary destinations, internationally recognized music performances, and top performing cannabis brands from the entire state of Kansas. The first day of the festival will be a VIP event at the green street building a 67,000 square foot cannabis building epicenter or a cannabis business epicenter in downtown LA and feature a once in a lifetime performance with Harry Mack and Gary V people either want to be educated or entertained.
We are going to do both says Gary V so very interesting I think it's. Great a event for the culture a lot of education and a lot of cool elements for entertainment that are going to be happening. And they said culinary stars are going to be there and who doesn't love food, marijuana and food, one of the greatest combinations ever.
Yeah. And here's what I'll say to that though. I think big names getting into cannabis, I think is a positive, right? I think it brings legitimacy to it. I've said that before. I think celebrity brands there's a lot. You know if he needs to those sometimes, but with that being said cool.
I will. I think, honestly, I'd love to go to this event myself. I'm gonna see if Benzinga will send us and maybe we'll see you all there. That being said. I'm interested to see what type of education they start to market against. And the only reason I say that is when you do a single state of California brands, you're going to get a very stilted opinion on the cannabis industry.
That could be very different from what in Virginia, in New York and New Jersey and Pennsylvania and Ohio. So when you just have California brands and California companies, I don't think that's the full scope of the cannabis industry. So for me, I'm very interested in attending by all means this could be an amazing event.
All I'm saying is education-wise, I'm curious how they present the cannabis industry. Yeah. I'd love to see that. Yeah. Awesome. Aaron, good bits of news today, my friend, again, happy new year pumped to be back y'all. We are growing like a weed. Tell your friends about cannabis daily. It's incredible. Thank you all so much for supporting us and listening to us, but still we will always listen to what you want to hear about rate and review us, email us.
I see the emails at cannabis, our app benzinga.com. And last plug before we let you go for the week. Miami April 20 or April 20th through April 21st. Yes, that is four 20 and 4 21. We will be hosting our first 20, 22 cannabis conference down there. You'll see sundial. You'll see, truly, you'll see. A lot of your major operators in this space are major thought leaders.
A lot of major investors. I'll be there. Aaron will be there. Tell us you love us. Tell us. I don't care. Just come. We want to see you check out BZ cannabis.com, VZ cannabis.com for that. But Aaron have a great weekend. My friend let's kick butt on this Friday and we will see you guys again on Monday.
Love it. Thank you, Elliot. You as well. Lay it up later. Hey investors, thanks so much for tuning in to Benzing is cannabis daily stock picks and news podcast everyday. Pre-market once again, this is not financial advice. Please do your own research. We hope we bring you the best and most efficient news for your investing.
Continue to find us on benzinga.com/cannabis, spending a.com/podcasts or on YouTube on Benzing channel.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Illinois marijuana sales reach to an all-time high of $173 million in the month of December.
Pharmagreen Announces Affirmed MOU To Acquire Licensed California Cannabis Company.
Ascend Wellness Holdings Announces MedMen has Continued to Breach the Investment Agreement.
Stocks for your watchlist today:
- HITI
- AAWH
- MMNFF
- UGRO
- PHBI
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishou@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Good morning investors. Happy Thursday to you. This is Elliot lane with cannabis daily here. Thanks to Aaron Thomas as always for producing.
This bad boy of a show and Benzing and forgiving us the platform for it. The show is to help give you insights and fresh news for cannabis stocks and investible companies. Let's dive right in for the news of Thursday, January 6th CIN wellness. We've been talking about them all week. We are back to the original reason of.
And investment agreement with med men. They released another PR this morning saying med men continues to breach the investment agreements and challenges, the authority of New York regulators. This being because madman refuses to close the transaction. Of the agreement that has already been approved by New York state regulators.
So a sin wellness, putting public pressure on med men, which is OTC listed at M in FFS and wellness. Also OTC a w H two very well-known companies, ascend wellness on the up and up men of course, one of the OGs, but had a very tough few years there, but it has been making some positive strides. And that being said, this is not a positive stride.
And I would imagine for both parties, it would be beneficial for this to be closed relatively soon. So I would imagine this news won't go on too much longer unless we're looking to get legal practices involved as well. So we'll keep an eye on that for you, Illinois marijuana sales search to an all time high of $173 million in the month of December.
So people are still looking to buy illegal. Good news for the industry. They're high tide. H I T I on the NASDAQ as opened their a hundred and sixth store in Canada. Now selling cannabis, there are 32nd selling in Ontario. Bigger update to me here though, is their cabana club loyalty program has expanded from 245,000 at the time of launch.
Tober of 2021 to just under 360,000 members today. So in one quarter they have grown over a hundred thousand members. I think that's some 47% growth. So props to them, they're obviously doing something right. With their loyalty program and keeping customers coming back to me, high tide is definitely a favorite stock of mine.
Definitely a favorite company, love their leadership, love their aggressive approach to growth. And I don't think they're going anywhere. Anytime soon, urban grow UGR throw on the NASDAQ. They released a partnership with thrive. Agritech this is not imminent. But what this does for each company, urban gro expands their options of lighting with led solutions for growers via the partnership with thrive and for thrive.
This expands their. Into the cannabis industry via urban grows, pretty massive portfolio of cannabis companies internationally and other companies for that matter. So within Agra agritech, this is an interesting partnership that I think benefits both parties, advanced flower capital gamma, or AFCG raises 61 and a half million.
With the sale of 3 million shares at a price of $20 and 50 cents. Each advanced flower is one of the leading REITs that is a real estate investment trust in the cannabis industry. And I would say one of the more well-respected ones out there as well. We'll get to another one here a little bit later to governor of New York and announces the creation of a $200 million.
Private fund to specifically help promote social equity in the state's marijuana market. So very good news for small businesses. Very good news for those minorities who are looking to get into the industry. So overall the social equity initiative in New York is alive and well. Next up, we have Iowa Democrats unveil a resolution to put marijuana on the ballot for voters to decide.
Imagine that Kentucky if you haven't been listening to our previous episodes this week, Kentucky has not done that. Take a listen, but Iowa Democrats ideally successful. And the upcoming elections last but not least. We have IPR another REIT in the space. This is innovative industrial properties on the NASDAQ releases, their Q4 2021 update.
I IP owns 103 properties in 19 states. This represents around 7.7 million. So rentable square feet of property, the up until. The current quarter, they've invested approximately about 1.7 billion across the portfolio to date. They have several other. Spins on top of that in terms of maybe reimbursing their clients for improving their facilities so on and so forth, but that is their initial investment in their portfolio.
And two dates are October of 2021. To today they've made 29 acquisitions from. Including in that I believe 28 new properties. So IPR continuing its aggressive expansion and really being the leading REIT in the space. Don't kill me, Rob, see Krista Polaris equity. But I do think they have earned. A lot of that title, that being said tons of movement today.
I'll give you one more little tidbit farmer, green that's P H B I on the OTC announces affirmed acquisition of a California cannabis company. This is the long valley farms. So PHB I'm new, newer to the scene in terms of aggressive. But that being said, I know Peter well-check decently well, their CEO and I think this could be a company to keep an eye on that being said, keep an eye on high tide today as sin wellness in med men.
AFCG and AIP are both performing. We'll do this again. One more time tomorrow. We'll get Aaron Thomas in to give us a little insight on what's happening in the cannabis culture side. But this is hopefully helping you make investment decisions. Let us know what you think, and review. Send us an email to canvas our dot com.
This is Elliot lane,
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
CV Sciences, Inc. Announces New Distribution Agreement with GNC. $CVSI
Massachusetts cannabis prices continue to fall
Senate Majority Floor Leader Damon Thayer: "Medical cannabis is a slippery slope for recreational marijuana.”
Stocks for your watchlist today:
$MEDIF
$AAWH
$ZYNE
$CVSI
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishou@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
- Flora Growth Expands Product Distribution Through Walmart.com and Coppel in Mexico $FLGC
- Bad News for commercial cannabis sales in Virginia?
- US Cannabis ETF MSOS is a favorite for former hedge fund manager Whitney Tilson.
Stocks for your watchlist today:
$ACB
$AGFY
$MMNFF
$YCBD
$FLGC
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishou@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Good morning investors. Happy Tuesday. This is Elliot lane with Ben Zynga hosting your cannabis daily show every day at 10:00 AM here. Thanks to Aaron Thomas for producing and bending for the platform. There was a ton of cannabis news this morning. I do want to call out. I was watching morning, Joe, on MSNBC talking about the science behind cannabis products and what cannabis companies claim in their products.
I recommend checking that out. Not necessarily the most positive report, but not necessarily damning either. So with that being said perhaps look that up, but let's dive into the news. There is plenty of it today. Beginning with the letter, a Aurora cannabis AC B delivers a around a $10 million shipment of medical cannabis to Israel.
This is their largest ever to the country and what they believe per their press release to be the largest export it to the country. Ever super interesting. So ACB, obviously trying to plant their flag in the ground and what seems to be a relatively busy market at the moment with some big players, such as Intercare and with partnerships such as cookies and Charlotte's web and others.
Another letter a here didn't have the best 2021, but they're starting strong this year. They enter into a ten-year agreement with gold leaf for its turnkey solution. And so we'll bring $140 million in revenue expected in the first three years. And over the entire 10 years, around $400 million in revenue, gold leaf is a medical treatment center in bear with me Myakka, M Y a K a Florida gold leaf is Poland.
To open 20 dispensaries in the state by 2024. So this could definitely turn into a major deal for the likes of AgriFood marijuana moment. One of my favorite sites for legislative news definitely recommend subscribing to their newsletter. Kentucky Democrats are prioritizing medical cannabis as a top legislative priority for 2022 props to my Kentucky IM brethren over there, Virginia.
Not overturn the legalization of marijuana possession, so great news there. However, he is sending mixed signals and appears to potentially be creating obstacles for commercial cannabis sales, to launch so bad news for the likes of juicy and not necessarily bad news, but I would say. For companies such as Jewishy and others who have planted their flag in the Virginia market, this is not something you want to see.
Columbia care and others stocks that closed up yesterday. The market of course, had a decent day yesterday and cannabis stocks followed it. There were several that saw a great day and only about three that I could find that had a not so good day. But the good ones included Hexo Tilray Medis. I'm sorry, not mad.
Med men, which was a surprise to me up five and a half percent, Aurora cannabis and canopy growth, both up around six, six and a half percent sundial and Cronos group, both up around 7%. Why CBD, which is CBD MD up around 9%. And Tega. That is the green organic Dutchman of around 15%. Somebody liked that one.
So positive news there, especially at scenes on the Canadian and international front Whitney Tilson names, advisor shares popular cannabis, ETF, M S O S, or MSS as a favorite pick for 2022 foreign investors. However, it is of course, dependent upon the chain. And any change for that matter to us regulations.
So super interesting there MSLs saw a nice spike in volume and share price at the end of last year, but then unfortunately it reversed the wrong way there TG. F that is 1933 industries announced our Q1 2022 earnings. The revenues were just under $2 million, which is a slight drop year over year, I think around 8% and expenses, however, saw a 45% drop year over year.
So they are. Seemingly getting ahead of this. However, Nevada is becoming a more and more competitive market. So it'll be interesting to see how aggressive they are in 2020 to advance flower capital that's AFCG on the NASDAQ reports, 125 and a half million dollars of gross funding last year. The full year of 2021.
So about 302 and a half million dollars in funding. Big one for the day. In my opinion, for a growth Corp that's F L G C on the NASDAQ expands its mind. Natural skincare product blind to walmart.com and Kapil stores in Mexico. There are 12 products in the portfolio. Overall Koppel has around 1,200. 53 stores in Mexico.
The stock was up 21% this morning. So really nice work with those partnerships with Louise, Evan, and team over there. Another big one, I think at least for the industry as a whole less investible information here, but if you are. Aware of events in the space. MJ biz puts on what I would probably consider to be the largest.
And they were acquired by Emerald holdings or Emerald X, which is a New York based B2B event and media company for $120 million plus potential earn-outs. So congratulations to that team over the. R E F I refi, which is the Chicago Atlantic group. A REIT in the cannabis industry announces itself to be the sole lender for a new senior secured credit facility for med farms, which is a vertically integrated SSO or single state operator in the state of Michigan, a very good market med farms, some solid revenue for a private, single state opera operator going up against the likes of gage and sky mins and several others in a busy yet big.
Scott's miracle grow. That's SMG, their subsidiary Hawthorne expands its portfolio with acquisitions of Lux lighting and true Liberty bags. So continuing to buckle down with Hawthorne as they move into the new year. So of course, a busy day cannabis stocks starting off strong for the year. Let's hope they can keep that momentum at least for a while.
But for growth Corp is the. Big winner for me today, F LGC as well as MSOX getting a shout out from Whitney Tilson. This is Elliot lane with cannabis daily. Hope this starts off your day, right? With cannabis investing, let us know what you think. Rate and review us. Shoot an email to cannabis hour@benzinga.com.
We look forward to hearing from you until tomorrow. Be well, Hey investors, thanks so much for tuning in to Benzing. As cannabis daily stock picks and news podcast every day. Pre-market once again, this is not financial advice. Please do your own research. We hope we bring you the best and most efficient news for your investing.
Continue to find us on benzinga.com/cannabis, spending a.com/podcasts or on YouTube on Benzinga.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Stocks for your watchlist today:
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishou@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Cannabis Smoking Lounge in Denver
Stocks for your watchlist today:
Ascend Wellness Holdings Inc OTC: AWWH
Curaleaf Holdings OTCQX: CURLF
Chicago Atlantic Real NASDAQ: REFI
Avicanna Inc OTCMKTS: AVCNF
Red White & Bloom Brands Inc OTCMKTS: RWBYF
Glass House Brands Inc OTCMKTS: GLASF
MediPharm Labs OTCQX:MEDIF
Our hosts will be resting their vocals until Jan 3rd 2022 , but you can access the Cannabis Daily Archives here
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishou@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishou@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Glass House Brands acquires PLUS.
XBFR, YCBD taking over Mexico.
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishou@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Afghanistan Growing Weed To get The Taliban Rich?
70% Cannabis Consumers say they will use Cannabis instead of alcohol this holiday season.
- AFC Gamma (NASDAQ:AFCG)
- Auxly Cannabis Group(OTCQX: CBWTF)
- Cresco Labs(OTCQX:CRLBF)
- Ascend Wellness Holdings (OTCQX:AAWH)
- MedMen Enterprises (OTCQX: MMNFF)
- TILT Holdings (OTCQX:TLLTF)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishou@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
My friends, what is up? It is Friday, December 17th. Feel good Friday. This is Elliot lane helping you out with cannabis daily on some cannabis news stock insights moving into the weekend.
One last day of trading before a few days off. Thanks as always to produce our Aaron Thomas will join us in a few minutes to chat through some cultural topics in the industry. And as always, thanks to Benzinga for giving us the platform super excited to be here with you today. Let's dive right in.
There's some interesting and fun pieces of news to cover. So advanced fire. As well as your, a destined advanced flower capital is listed on the NASDAQ, a F C G V. Destined is private, but made up of industry leading investors and just, oh, geez. Love that blender that they're both REITs and the space provide $150 million credit facility to acreage.
Yes, this will be to help streamline capital structure and execute refocused business plan. A hundred million is available for immediate use a hundred million available for me to use. So that's incredible to me. AFCG and Varidesk, and obviously throwing their hat in the ring with acreage who is of course.
Forever and still has an open deal with canopy growth. So keep that in mind as well. Love this bit of news for three pretty amazing companies and strong companies in the industry. Obviously cannabis, CB WTF. They are a Canadian licensed producer, AKA. They touch the plant and grow it in Canada.
Received four awards for its CPG brands at the second annual kind awards tied for the most of. These awards are published in kind magazine and recognize the best Canadian cannabis as determined by a panel of nearly 250 bud tenders across Canada. That's pretty telling to me, I don't really mention a lot of product and strains and things like that.
But when it comes to people who know the quality of cannabis choosing. What is the best cannabis and it happens to be in an investible company. I want to bring that information to you. So Oxley, cannabis, CBD WTF, they have had a good last, I would say three plus months as an LP there aren't many of them, but I think they're one of them.
Cresco labs, CRL, BF offers new classes to help people who want to get into the. Opening the Illinois cannabis education center. Pretty cool. They're a sin wellness aawh receives conditional approval from the New York cannabis control board for previously announced a definitive investment agreement with med men, M in F find the details of that investment agreement on benzinga.com/cannabis.
This might be my favorite news of the day here. So I, I do want to set that up a little. The widely denied media reports on a German company being in talks with Afghanistan, for cannabis cultivation, turn out to be true. It's true. It's all true. The new regime looking to establish legal cannabis production for the export market C farm is the German company.
It will invest $450 million. And setting up a hashish processing company in and for Afghanistan, cultivation, Afghanistan, of course. When you think of the conservative nature of the Taliban, you think of they do not like drugs. They don't like cannabis. They have inflicted a lot of punishment on people who have grown and sold cannabis in the past, but they utilized it during the occupation of the U S forces and allied forces.
And during that time they saw the benefit. It can have economically, so they are actively pursuing it as a major way for, to bring in revenue to the country and to the regime. However, I do expect that this will reach some international headwinds. 'cause I can't imagine people are gonna want the Taliban to get rich.
I'm interested in following this news down the line and I can't wait to get errands thoughts on that too. Verano VRN O F opens 41st dispensary in Florida unity road. Here's another cool one. I and L B for item 900. Unity road. Is there franchising and like McDonald's is a McDonald's franchise.
Unity road is item nine labs, dispensary, franchise NGS, first agreement in South Dakota. They're now developing franchises in nine states. So that's big news. I think they are really the only company that is actively pursuing this. A franchising, a cannabis dispensary chain and unity road is that trade, as I said so props to Jeffrey and Andrew, the whole team over there at I N L.
Tilt holdings. Commonwealth alternative care is to be the first recreational dispensary in Taunton, Massachusetts. I always like mentioning T L T F when I get the chance because I love Gary Santo. I think he has a really stayed ahead of the market when it comes to the past. We'll say 11 to 12 months.
That's it for the stock news today. A lot of fun news for AFCG. For acreage for CB WTF and Oxley Cresco labs, making moves to help the industry CIN wellness and med men received conditional approval as well as Verano and you need to road and item nine labs and tilt all making waves on this fine Friday.
So that's it for the stock side. Aaron Thomas, come over, come in hot man. And tell me what you think about Afghanistan growing. What's up. Everybody has a go in happy Fridays, zinger, nation Afghanistan grown weed. Let's see, I hope they got enough water. It seems like it's a very dry area, right?
This could be look at the stocks for G RWG AgriFood. And once folks is available to invest in I maybe we'll get some definitive agreements go on for those three companies. Probably bring it back to stocks for you guys here. And drop us with some knowledge bonds, man, what you got? Yes. So the holiday season is right around the corner and a very Merry Christmas ahead as 70% of cannabis consumers plan to use more weed during the holiday season.
The holiday season is a joyful time for many people. However, it can bring some unwelcome guests such as stress and depression, which often kick off a vicious cycle where stress is compensated by overeating and drinking resulting in weight gain and another inevitable round of stress. That's why roughly 70% of cannabis users say they plan on consuming more weed and less booze over the holidays reported by a CBD Oracle, a cannabis consumer research company, and a new.
As the December holidays have traditionally been linked to increased drinking, it looks like cannabis is set to take over this Christmas. What do you think? I think. I have a lot of respect for those that would like to replace drinking with cannabis. Obviously cannabis is a much safer form of consumption regarding the body and physically of course don't drive and smoke.
But in terms of what I'll be doing, to be honest I'm not gonna give up my bourbon. I'm a Kentucky, we drink bourbon. But I. Consumption can increase for both alcohol users and people who'd like to replace alcohol. So I think in terms of the messaging there I think alcohol users probably those that spoke cannabis and drink alcohol should also be an active part of this survey.
But past that I'm not surprised everybody needs to chill out 2021. Following up 2020, it's been a long two years. Y'all you deserve to know. Exactly. And I honestly, I like this move, alcohol is people go crazy during the holidays and accidents and. Just like the most unfortunate situations are on the rise.
And being able to have your wits about you at the end of the night, because cannabis doesn't make you completely impaired you can take it, you can take however much you need. And however much you feel will make you feel comfortable, but you definitely don't need.
You don't ever consume enough to where you're making bad decisions or you're not able to operate heavy machinery, that kind of thing. So I definitely liked the consuming, tested good weed. The only issues I've ever heard of are those who are. And that, and I'm sorry for those people. Oh, Erin man, you and me?
You're on the same page there, my friend, but what else what'd you got for us? Let's move along. So some big names, queen Latifa novice, Troy Carter, invest in cannabis store, taking owners from poverty to $450,000 in sales. So at the dispensary concept 64 and hope will open its second of 21 locations owned by social equity, cannabis licensees from south LA on December 20th.
The wellness focus culture, rich cannabis store is named after proposition 64, which legalized cannabis in California and the hope for a more equitable. Why this matters. The ethos opened the door to diverse and exclusive collaborations that strive for authenticity inclusion, including Angela rye, queen Latifa talking terms, clever Lang it's purple and newly launched R N B w so explicitly.
They explicitly developed to produce economic parody for people harmed by the war on drugs. Each business is projected to increase licensees income from 46,000. $46,000 under the poverty line in LA to $450,000 annually and create 30 to $40 or 30 to 40 jobs with benefits. That's incredible.
That should be getting a lot more coverage. Cause this is the second time I'm hearing about it. But the first was in conversation with you for this podcast. A lot of focus has been on the legislative side. And on politicians looking for a win for a headline keeping safe, banking out not expunging, nonviolent cannabis, criminal records, like they should.
But meanwhile, you have people like queen Latifa knots, and I'm sorry, there's one other there, but those three are actively changing people's lives. That's fantastic. All the props to them in the world and let's make sure we cover news like that more often. Absolutely. Anything that's focused on social equity and social justice, I'm all for we have a lot of celebrities hopping on this wagon right now, such as we have the Sarah Silverman and Seth Rogan and their initiative to get the.
Was it the Senate to agree on the bill, on the reform. So definitely a lot of movement from a lot of big names. Yeah. And not a lot of people like celebrities getting involved with politics, but one thing they can do is advocate for the betterment of of society in ways like this, and also actively participate.
So when they actively participate, their word means. So that is something to consider as well. But anyway, great storyline here. And thanks for bringing that out. Of course. And let's let's end it with a bit of political news a little bit. So the DEA backs, white house plan to streamline research on marijuana, psychedelics and other scheduled.
Drugs. So the DEA and national Institute on drug abuse say they are in favor of white house proposal to streamline the process of researching schedule one drugs like marijuana and certain psychedelics. The agencies testified at a house energy and commerce subcommittee hearing on Thursday expressing support for the office of national drug control policy research plant The focus of the meeting was mostly on a controversial move to strictly classify fentanyl related substances.
The Biden administration's proposal research components would also help address concerns within the scientific community about the difficulty of studying other schedule on drugs. It is critical fro a few quotes from that meeting. It is critical that the scientific and medical community schedule or study schedule one substances as some may turn out to have therapeutic value.
It is absolutely baffling to me that these drugs are not already studied on an active basis. Like all the time. All the time, like where apple funding. How on earth are you going to solve a crisis that's been happening for decades in overdosing, in addiction? If you aren't studying the cause that's insanity to me and saying that honestly, like when you look at that the executive branch.
Currently and their their mood towards schedule one drugs given his son and his son's addiction. I am not surprised that Biden's administration is making this move. I also is not surprising to me that Joe Biden is not quick to move on cannabis and because of that as well, but I am surprised that he's not moving faster on expunging Rex.
But that aside this is it's shocking to me that this wasn't already happening, but I'm very glad it's starting to happen. Absolutely. So anyway, not to be melodramatic there, but I was a little bit surprised. No. The DEA said themselves in written testimony that expanding access to schedule and research as a critical part of the DA's mission to protect public safety and health.
Like you said if we have all these overdoses, we have all these instances of bad experiences with drugs. Why aren't we doing the research beforehand? Why haven't we been doing that research beforehand? We've had all this where we could have had all this knowledge up until this point and prevented all this right.
Good storyline. My friend, honestly it's something to consider. There's still a lot of work to do on multiple fronts when it comes to moving us forward in the cannabis industry, moving us forward in as a country. But. I'm glad for starting something now is all I can say. That's Friday, honestly, a lot of great news in the cannabis space this week, a lot of companies making moves stocks may be underperforming.
They may be hit, but keep in mind. A lot of that is not the fault of the companies. It is. Do your research, do your due diligence. There are a lot of fantastic companies in this industry in a lot of companies that you just keep on your watch list, but outside of that, y'all come to benzinga.com/cannabis.
Get your information daily, let us know rate and review us on the podcast link that you listened to us on apple, Spotify, let us know what you think and what you want to hear. And we will do our best to make this podcast for you. BZ cannabis.com, VZ cannabis.com. Come meet me and Aaron Thomas in person next April at our first cannabis capital conference of 2022.
You'll have all your major industry leaders there. We look forward to seeing you on four 20 and 4 21. That's right. 4 24, 21 in Miami, Florida looking forward to it then, but until then, Aaron, all of you out there have a fantastic week and we'll see you again. Take care of guys.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
MCOA acquires VBF brands to expand footprint in California.
Newly Uplisted Valens Co Fights Hostile Take Over With a Hefty Loan
Mold found in Cannabis products for sale in Michigan.
SAFE Banking Act Removed from Defense Spending Bill.
Marijuana Co of America(OTCPK:MCOA)
Valens Co(NASDAQ:VLNS)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishou@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Hosted & Pduced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishou@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Hosted & Pduced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishou@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Hosted & Pduced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishou@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Governor of Kentucky looking to legalize medical marijuana in the coming legislative session.
The studies show that adults who used weed 20 or more days during the last month, were more likely to sleep less than 6 hours a night.
- Jupiter Wellness JUPW
- MedMen Enterprises MMNFF
- Flower One Hldgs FLOOF
Hosted & Pduced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishou@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
This is Elliot lane with cannabis. Thanks as always to the one and only producer a T get to hear from him in a few minutes on some awesome bits of news that have happened over the course of the week.
And thanks to Benzinga as always for letting us host this, looking forward to diving in with you on some cannabis news and stack. So let's go ahead and get started. Andy Beshear, that is the governor of Kentucky looking to legalize medical marijuana in the coming legislative session. Also looking to decriminalize possession for adults 21 and older.
This comes on the heels of a conference where he is saying he wants to be. Or he wants to sell across borders across state borders. So when I think of, if this is successful on a federal level, of course you'll have companies like Charlotte's web in Kentucky and a few other hemp companies as well, that could benefit from this.
As well as I'm sure those that would transition to the THC side in can and cannabis in Kentucky Kentucky, very well known for its agriculture like tobacco. And a few other crops as well. So keep an eye there. Obviously I'm a Kentucky and so I'm biased. So I love seeing news like this flower one that's fluke, F L O F on the OTC.
My favorite ticker in the game issues, common shares to satisfy interest payment under its converted. Dentures. So just a bit of news there. If you are a stockholder shareholder in flower, one med men, M M in F F unveils, a plan for nationwide donation drive between December 13th and 23rd for local charities in each med men market.
I think it's continually important for us. Call out ESG initiatives to call out companies and large companies, especially giving back to their communities as this is a huge point of contention in the cannabis space between the cultural and corporate sides. The larger cannabis companies, not doing enough for the industry and consumers and the communities that support the industry.
So it's important to call out Verano and glass house and med men when they do things like this, because I think there's more of it than we realize Jupiter wellness, acquisition court announces completion of up-sized $138 million IPO. That is J w a C. On the NASDAQ at $10 per unit, they began trading on December 7th.
So just a few days back, Jupiter is a spec with goals of becoming a leading pharmaceutical cannabinoid company. Now friends not to confuse you as of yesterday. Jupiter. Well, So different company, not in Jupiter wellness acquisition, but just Jupiter wellness. That's J U P w on the NASDAQ merged with next frontier pharmaceuticals.
Next frontier stock holders will receive shares of Jupiter. They are largely focused on the CBD side of life and of course the pharmaceutical and R and D side of this. Cresco labs, CR LBF closes acquisition of Laurel harvest and Pennsylvania. A they, Laurel harvest is a vertically integrated clinical registry.
And one of the original 20 licenses of that kind with a very heavy hand in research and research partnerships. So Cresco lab expanding in a unique sense in Pennsylvania, as opposed to maybe the normal M and a and inorganic expansion we see from the likes of douchey. So from a new side, a little bit lighter for the stock news for a Friday, but luckily we're not done.
Not yet. Producer 80, bringing the heat for us today. What you got? My friend what's up Elliot. How's it going? Happy Friday. Happy Friday, my friend going good. Going good. Feeling good. This week, we are almost to the holidays almost to the end of the year. Yes, Christmas is right around the corner. So happy holidays, zinger, nation let's get right into it.
So let's kick it off CBD products, commonly flagged by FDA for making ups, unsubstantiated claims about treating COVID. It's really pretty weird since the start of the COVID-19 pandemic, the U S food and drug administration has sent numerous warning letters to companies for misrepresenting their CBD products as treatment options for patients.
According to an N that I can't talk, according to an analysis published in the journal of cannabis research Canadian. Products or among those most frequently cited by the FDA for violations. So pretty crazy. This is just more and more evidence. You know, it's funny that the CBD companies are the ones being demonized in this report, which honestly they should be a little bit, but where, you know, the FDA needs to be caught out here.
You have to have regulations on packaging, on ingredients, on testing. And there are basically none for this industry. So the CBD companies can say what they want, as long as they're not killing people or hurting them in some way. It really is amazing that this is still an issue, that there are things being sold over the counter.
There are things being sold in, in drug stores and gas stations and pharmacies and you know, all, all around the country, mark CBD and we're not really even positive their CBD in it. Like, you know, Margo who is the founder of Gabby's? I'm sorry, not Gabby's another CBD company out west. She.
We interviewed her on cannabis hour, probably a little under a year ago. And you know, she is appalled at the state of the CBD industry right now. And I know a lot of CBD companies are as well as it's not necessarily their fault, but there are those who claim to be CBD companies who make it much harder for them to operate.
So to me, this is just more evidence of the issue with the CBD regulations from the FDA and the lack of involvement from any type of federal Oregon. Yeah. And I think the craziest part is as I kept reading it said in the article hemp derived CBD products are not currently regulated by the FDA and the spokesperson for the agency recently affirmed that the agency is not anticipated to provide any guidance for the, for either production or marketing of these products anytime soon, how can you not blame?
A little bit for this. I mean, it's, it's shocking to me. I know it's not federally legal and I get that, but we're, we're consuming this on a federal. So, you know, let let's just play the ignorant card. Anyway, we, I could rant about this all day. Aaron, we could have a pretty deep conversation. Yes. What else you got for us?
My friend let's let's move on. So saucy brew works announces the brand launch of saucy. Canada works, building sauces, lifestyle brand with a full range of products for consumers to enjoy throughout their day, such as coffee, craft beer. And now. Cannabis sausage. Ken works will launch first in Michigan, illegal recreational state.
Shout out Michigan on the heels of saucy brew works brew hub expansion into that market. Salsa. Canada works is already developing expansion opportunities in other states and commitment to quality products that serve high quality.
Yeah. I always love seeing a new brands in the space. I mean, I think it legitimizes the CPG aspect of the cannabis industry. So super cool news there and nice to see another company expand the horizons into the cannabis space that wasn't necessarily birthed from the canvas. We are working for me to use by use do anyways.
It's okay. It's Friday. So we'd like to get a little freaky. All right, move on, move on.
All right. So let's get into a little science aspect of cannabis, a new study, determined correlation between cannabis and sleep. The new study reveals that sleeping cannabis may not be linked in the weight. We previously thought, however, the research is not conclusive. So a talk before sleep is the key to shut eye for many but new research published this week.
Suggest that may not be the case. Hmm. So they're just saying, it just may not be, they're not offering. Y this may not be, yeah. So the studies show that adults who use weed 20 or more days during the last month, where 64% more likely to sleep less than 60 or six hours a night and 76% more likely to sleep longer than nine hours a night.
If they take into account lifestyle. Yeah, I guess so, so is that a curiosity? I mean, I feel like there's a lot of factors there. I mean, I would imagine the study had to have certain restrictions on what you could do. So, you know, for me, that's super interesting. I'm not going to lie upon consumption in the past.
I've gotten very tired. So, you know, I would say if this is at all, And cannabis is not linked to any to better sleep and to better rest that there goes a lot of marketing for this, that. You know, they, they have to, if this study becomes mainstream and, you know, has any truth to it in terms of you know, in terms of effect on your body, this is there's going to be a major shift in marketing for, from cannabis companies and brands, because you can't advertise.
You know, this is Endeca, you know, you're going to rest. This is a wind down. You know, they'll have to change quite a bit. So, you know, it'd be interesting to see how the study progresses, but right now, I mean, nobody's worried about this. It's. Yeah, I think, I think, yeah, exactly. And like you said, I think studies like this will always be inconclusive because of the fact of, of how different cannabis is to every single person.
So you can get a different kind of strain. You can get a different kind of, you know, strength or potency. So. The user in a different way. So if you really, if you really are trying to find, you know, a cannabis solution to help you sleep there is definitely a strain out there. There's sir, there's some kind of, you know, cannabis or marijuana out there that will aid you in what you're trying to do.
Awesome. My friend, good bits of news today that, oh, wait, we have one more wait, there's one more. I wanted to end it on a really cool. A couple of days ago. Let's see. Let's see. So the world's largest T H C brownie was made and it came weighing in at 850 pounds. I think this is for national brownie day.
Yes. So when the bay with the bakery team at mayor meds, a new mask or Massachusetts edibles factory prepared to launch a new line of THC infused brownies, they had two ideas, debut Bobby's baked products on national brownie day and go big, really big.
I'm going to admit, I saw a picture of it and it looks like a giant square block of coal. Yeah. It doesn't look appetizing at all. They described it as the monster block of. Yeah, it's a block of chocolate. Wait a minute. 850 pounds. It's three feet wide and three feet long and 15 inches tall. God dense brownie, 800 pounds.
You want to take a guess on how much THC. I'm going to say a thousand. No, that seems way too low. I don't know. I don't know. Hit it with us. One teeth thousand milligrams of THC as 200 times, the dosage allowed in a single package brownie, which is a hundred milligrams. Wow. So it's, it's insane. So you could take the 11.25 cubic square foot brownie.
It would be sufficient to get you and 199 of your closest friends, quite high. So, Hey, if you've got a lot of friends hit, hit, hit up all your Facebook friends, you know, make a Facebook event and get this brownie. Yeah. I mean, I that's incredible. And honestly I'm sure it's no longer in existence.
That thing has been consumed. I'm just saying. No in the cannabis space, the brownie no longer exists. So people like the TSA don't need to worry about transporting that. Oh my gosh. That's just insane to look at, but yeah. Awesome. Aaron, this was fun, man. It was good to do this again. We have a whole other week to do this next week, but my friend have a great weekend.
And to all you investors out there. Have a fantastic weekend, make some money today tune in to benzinga.com/cannabis. Read up on the news rate and review this podcast. Let us know what you think and what you want. And we will do this again Monday. Thanks everyone. Investors. Thanks so much for tuning in to Benzing.
As cannabis daily stock picks and news podcast everyday pre-market once again, this is not financial. Please do your own research. We hope we bring you the best and most efficient news for your investing. Continue to find us on benzinga.com/cannabis, spending a.com/podcasts or on YouTube on Benzing channel.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
BENZINGA GLOBAL SHOWCASE FOR SMALL CAP INVESTINGDOMINATE IN AVOLATILE MARKET
DECEMBER 8-9, 2021
Register Here For FREE Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Valens Co. Commences Trading on NASDAQ under symbol $VLNS
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishou@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
BENZINGA GLOBAL SHOWCASE FOR SMALL CAP INVESTINGDOMINATE IN AVOLATILE MARKET
DECEMBER 8-9, 2021
Register Here For FREE Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Public companies discussed in the episode:
- Tilray (NASDAQ:TLRY)
- Columbia Care (OTCQX:CCHWF)
- Sundial Growers (NASDAQ:SNDL)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishou@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
BENZINGA GLOBAL SHOWCASE FOR SMALL CAP INVESTINGDOMINATE IN AVOLATILE MARKET
DECEMBER 8-9, 2021
Register Here For FREE Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Minnesota's medical program is adding edibles.
Public companies discussed in the show today:
- MEDIF
- HUMBF
- VRNOF
- GLASF
- OTCQX
- SNDL
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Morning friends, happy Tuesday. This is Elliot lane with cannabis. Daily thinks has always to produce her 80 for doing the backend work and labor.
And let me do this and thanks to Benzinger for the platform as always, let's dive right in lots to talk about today in the cannabis space. If you were Twitter active, you were seeing last night, there was going to be a little bit of a presser and a meeting regarding NDA and safe.
I, to my knowledge, we still do not know anything. It's still up in the air. But ideally we will know something soon. But moving on to actual news here, Canopy, they have had a wild, last 30 days, lots of analysts movement will say their coverages have changed. There have been assumed coverages from companies like Wells Fargo.
From Barclays Wells Fargo assumed coverage with an underweight rating. Barclays began coverage on Thursday, November 11th, with a $14 price target Cowen on Monday, November 8th, lowered price target by about $5 to $21 and 60 cents. Jefferies lowered their ex their rating to a hold with a $16 70 cents Canadian price targets.
Down from $25, 28 Canadian eight Capitol Lord CGC to a cell on November 30th. Overall analysts are not necessarily bullish, but I think you'll see a lot of the trend also going to the sense that CGC is too important to the industry, to a write off. So to me, I lean toward the whole. This is not investment advice, but I do think CGC is an important player as this industry moves forward and will be a major player in the future in one facet or another.
So NASDAQ listed CGC we'll have some notes about this on benzinga.com/cannabis out today. Please stay tuned for that. Investor's suing sundial. That's NASDAQ listed S N D L over cannabis quality issues ahead of $143 million IPO are looking to settle for $7 million. We'll keep you updated there.
As more news comes out, at least 18 people made health complaints creating the largest marijuana recall in Michigan history. This recall was for 64,000 pounds of marijuana. Which is around worth around $230 million, quite a few bits of social equity news in ESG news today, glass house CEO, that's G L a S F on the OTC, their CEO, Kyle Cazan appointed to the board of directors for the Weldon project after a $25,000 donations.
I will say again, if you're active on Twitter, Kyle is a very outspoken about releasing prisoners, non-violent criminals for marijuana charges. And he's very active and outspoken about that. And he's putting his money where his mouth is. So a lot of respect to glass house here, a lot of respect to Kyle.
I really liked this move for them, and he's going to be more involved in the Weldon project moving forward, which is of course dedicated. To a wrongly imprisoned people for cannabis. Cresco labs opens their 44th dispensary in the country in Florida. This is their 12th in the state MetaFarm labs.
That's M E D I F announces three resignations from their board of directors. As they're positioning this, as the company is shifting focus to begin operating, to be to being an operating pharmaceutical cannabis manufacturing company. It's not huge change direction wise. So I think overall. I this is a bit worrisome for me for Medipharm labs, but ideally this is a good move in a step in a better direction.
Minnesota's medical program, adding edibles. We'll see, who jumps into that lane? Another bit of ESG news Verano holdings announces $150,000 donation to. Sage breast cancer foundation. This is the biggest donation in Veranos history. And it is also the largest for Lynn Sage from a cannabis company.
So love that for VR, N O F M also putting their money where their mouth is. Ideally we'll continue to see this down the road. This isn't a one-time thing. And last but not least, please welcome humble and fume to the OTC. They are investible now friends, H U M B F. They are a leading distributor of cannabis and cannabis accessories for LPs licensed producers in Canada for multi-state operators in the U S they are vertically integrated.
Leading distributor platform. This is really cool company. And I don't think it will be long before we see an uplift, as I would imagine. There'll be relatively popular for investors within the next year or so. Put them on your watch list. Let's see what they do but they start trading today.
Awesome. Y'all please welcome. Humble and fume to the party glass house and versus. Putting their money where their mouth is Cresco labs, expanding Medipharm labs TBD. For me, at least a sundial. We'll see where that lawsuit ends up in Canada. I think they are still way too important to write off in this industry, but check out benzinga.com/cannabis for our editorial team's opinion.
Later on today, this is Elliot lane with cannabis daily. Thank you for tuning in rate and review us. Let us know what you think. We'll talk at you soon.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
BENZINGA GLOBAL SHOWCASE FOR SMALL CAP INVESTINGDOMINATE IN AVOLATILE MARKET
DECEMBER 8-9, 2021
Register Here For FREE Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Dip Buying Opportunity For California Cannabis Companies.
- cbdMD(AMEX:YCBD)
- Flora Growth(NASDAQ:FLGC)
- Green Thumb Industries(OTCQX:GTBIF)
- High Tide(NASDAQ:HITI)
- Ayr Wellness(OTCQX:AYRWF)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Happy Monday. This is Elliot lane with cannabis daily. Welcome to the start of a week of great investing into cannabis.
I know it. I feel it in my bones. It is time for the reversal. Don't quote me. All right. So we have a good bit of news today to chat about first things. First Veridian capital charter, the week. Super interesting to point out today, the California market and the basket will say not really it's it looks like it's having one of the worst.
Aspects of investing in cannabis over the course of the year. It is down, I would say around 20% from MSO S it is down say, gosh, over a hundred percent down from the S and P 500 this includes little farms, Harborside next Greenway, the parent company vibe holdings. Glass house brands will. All right.
I said, well but this is something that, to keep an eye on because there's some fantastic companies, fantastic brands in California, in my opinion, this could easily be a dip buying opportunity for a lot of these companies, especially the news that Harborside released local farms consistently coming out with sweet news.
The parent company added a great executive edition last week and vibe is a very strong brand. So do I expect this to stay like this? Absolutely not. So one of the point that out. Off the day, but let's jump into some. Y fist life has subsidiary Mika S cellular cellular sciences, launching drug cell F a therapeutic designed to treat systemic fatigue, brain fog, and cellular inflammation.
I thought this was super cool given its purpose and its design. This is ticker and in X, T T F a formerly for non-estate technology. But again, life has subsidiary Meekus cellular sciences, GTB. I F open 67th national dispensary with a new rise location in Reno. Nevada seems like it's been a hot second since GTB IFF has been releasing consistent news.
They're still obviously one of the top three operators in this industry. So I. I'm not worried about them in the slightest, but it's nice to see them come back out with some more expansion news, some more something else for investors to get excited about why CBD, announces preclinical human study with researchers at university of South Carolina.
I absolutely love this CBS. It's such a volatile industry. There are very few regulations on CBD products and what you're putting in your body if there's actually CBD in it. So the fact that they are putting their products to test with a research. Devoted an institution is a fabulous move for this industry.
I think it's a huge step up for CBD MD. And I also would imagine other CBD companies have done this. Like I believe Charlotte's web has, but others will follow suit. And I think this is a great thing for the hemp CBD. Yeah. Life flora growth Corp. FLDC released 2022 revenue guidance from 35 to 45 million pretty strong for a Latin-American based cannabis company.
If you ask me, they all are also hosting a webinar on December 14th, discussing 2020 is operational highlights. Discuss the guidance they just released and hold a brief Q and a, I think if you are an active cannabis investor, this is something that you should definitely check out. FLDC I think is a very strong, international opportunity to invest in a, you can find all those details on their press release from this.
Navis cannabis employees overwhelmingly vote to join Teamsters. This is a first Navis cannabis is not public nor investible by the average investor, but they are a very strong distribution platform in the west side of the U S especially California. So I think this, those big news, I would imagine we'll see.
Other companies join suit here, high tide that's hit I on the NASDAQ announces ATM facility at the market facility of up to 40 million Canadian for strategic initiatives. I'm not a huge fan, honestly, of ATM's. I think they are decently dangerous for smaller companies especially those not listed on a us exchange, but high tide to me as enough.
In enough influence obviously enough clout to have a successful ATM. So very, very nice move there. I think air wellness, Ayr, WF announces receipt of approval to begin operations in 86,000 square foot, Arizona cultivation and production. The facility, the flower produced there will supply three specific Oasis dispensary's as well as their state wholesale program.
I'm not sure this is going to excite investors overwhelmingly right now, given the state of wholesale. And, and where it is pricing wise and how we saw it affect earnings this past quarter. But with that being said, air wellness, continually expanding, continuing to be, I think the most aggressive company when it comes to news in the cannabis industry.
So I mean, there's no issue with, to me expanding your footprint and expanding the amount of product you can put on the market overall. That's how you increase bottom line and right. So with that being said, GTB, IIF, air wellness, high tide in flora growth, as well as why CBD on the hemp side of life.
All making nice moves to start the week. We will keep doing this for you for the next four days straight tune in rate and review us, let us know what you think. Some great interviews this week on cannabis insider in cannabis hour on the benzinga youtube channel.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Canadian Cannabis stocks dropped 5.5% in November.
Mounting pressure on Chuck Schumer to include the Safe Act in the NDAA, The National Defense Act.
Public companies discussed in today's episode:
Tilray(NASDAQ:TLRY)
InterCure Ltd (NASDAQ: INCR)
Canopy Growth (NASDAQ:CGC)
Verano Holdings(OTCQX:VRNOF)
Oxley Holdings Ltd (SGX: 5UX)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Good morning. Y'all it's Elliot lane with cannabis daily. As you know, welcome back to your Thursday of making money on cannabis stocks.
Thanks to Aaron Thomas for producing this bad boy, and thanks to Benzinga for the platform as always rate and review us, let us know what you think, what you want to hear about. We will always take that into consideration as this podcast grows. Y'all all right. Let's dive. Right in first foods group will sell Southeast edibles.
They are a CBD focus manufacturer through costco.com. A large partnership, not really investible news, save potentially some of the Costco side, but some, some nice news there for a new partnership on the. Side of life per Alan Broxton of new cannabis ventures. Canadian stocks dropped five and a half percent in November.
Tier ones are village farms, canopy growth Tilray and Aurora, I keep telling you guys watch out for village farms. They were a tier two, not that long ago. And now an obvious tier one status. Love that stock love that team. A CGC. Unfortunately the worst performer, I'm not gonna lie. I think they get the brunt of all negative cannabis news.
Even though they did have quite a few significant executive changes last month till Ray was the best performer at up one and a half percent. And Aurora's just hanging out there. Y'all just hanging out there in the middle tier twos, entourage and ALIF. Worst performers, both down 40 or more percent.
Good Lord. I'm a fan of Alafia. I think they're a refocus this year as put them at a easy to drop or a negative turn. I will say though, it worries me a bit to see this drop as their shareholders have remained loyal for a long time. So they haven't really. I'm sorry. They'd rather have been able to withstand big moves in the market like this.
So I hope belief is able to rebound as with entourage entourage. I feel like they probably need to start releasing some aggressive news in order to get shareholders back on their side soon Oxley among the best performers with nearly 5% growth. So obviously having a better year than most, I'm not gonna lie inner cure.
I NCR and cookies. We all know and love announced expansion European expansion via partnership to open retail locations in the UK and Austria in early 2022. This is an exclusive partnership between the two. So cookies cannot open any other UK or Austria dispensary. With anybody, but insecure and insecure outside of the Canadian and us north American stocks really all the way around is probably the fastest growing cannabis company internationally.
So keep an eye on them, Inc. On the NASDAQ cookies. Of course not investible, unfortunately V R N O F that's Verano ads. They're 91st dispensary and they're 11th in Pennsylvania. And they're second with the drive-through for all your drivers. Mounting pressure on Chuck Schumer to include the safe act in the NDA, the national defense act.
Right now I think it's about 70, 30%. That is not 70, 30 chance that it's not included. Unfortunately. He seems to. Not really be listening to the cannabis. I would say legislative leaders the activists, if you will, that we all know and love like Todd Harrison and Brady cob, like the other politicians might be.
So I'm not as hopeful that safe is going to be included this go around, but there is quite a bit of pressure on him to include it. So I hope I'm wrong. And I hope we get that past. Some other stock news to chat on real quick. Before we leave all from Alan Broxton, make sure you check out new cannabis ventures three strongest and ciliary stocks, a little bit of a surprise to me.
Power REITs. That's nice. See, listed PW, hydro farm NASDAQ, H Y F M and turning point brands and IC listed TPB. The lowest performer Weedmaps that's in a P S on the NASDAQ. A little bit surprised there Greenlane and Grogan haven't been having a great year, so there, they followed them up pretty closely, but mats let's hope we see a turnaround there as I think they have an important part of the space, them and Leafly.
So the Leafly is closing of their, of their deal with. We'll be very telling as to what the industry thinks of this side. Awesome. This is Elliot lane with cannabis daily. We have touched on some performances over the month of November. Some tier one cant Canadian stocks, village farms. Tilray canopy Aurora, a tier twos as well.
And I think I NCR is probably the winner of the day. If you ask me you all so far, that is it's very early. Thanks as always let us know what you think and we'll do this again. One more time.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Bevcanna is probably one to put on your watchlist and maybe even have a sharer too in the portfolio.
Public companies discussed in today's episode:
- Greenlane Hldgs(NASDAQ:GNLN)Delta 9 Cannabis (OTCQX:DLTNF)Red White & Bloom Brands (OTCQX:RWBYF)
- Bevcanna Enterprises Inc (OTCMKTS: BVNNF)
- Columbia Care Inc (OTCMKTS: CCHWF)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Good morning, everybody. Welcome to your Tuesday. Hope you guys are having a great week so far making all the money. This is Elliot lane, host of cannabis daily. Thanks as always to producer Aaron Thomas and Benzinga for giving us the platform. We bring you cannabis insights every day. Let's jump right in and chat about what's happening.
I wish I had a button that could just, if I pushed it, there would be a loud. Alarm. And then somebody will be screaming, MNA alert, M and a alert. We have a big one today, Harbor side, H B O R F on the OTC. They are one of the original cannabis companies all the way in California started by Steve and Andrew DeAngelis.
To OGs and very well-respected people in the cannabis space, they are are signing a definitive agreement to acquire urban leaf or UL holdings. A very large California retailer in Southern California and loud pack, a leading manufacturer, cultivator and distributor of brands in California edge. Molts the CEO of urban leaf will become CEO of the combined company now called state house.
Mark Rovner. The former CEO of loud pack will be the. Well, you may be wondering what about the CEO of Harborside? Well they have been under a ton of management changes over the past few years and then entourage effect capital and Matt Hawkins stepped in and took over management of the company.
And it is my. That this was always his goal. I think he's an investor at heart, and I think he took over to take this one back to the top and it truly is incredible to me how Harborside has turned itself around. I really was not in a good place after 2019. So the fact that we are seeing what they're doing.
To me is, is all cause for celebration for these guys, 77.3 million in roll up debt financing. We'll trade under the CSE, ticker S T H Z. I'm sure other exchanges will fight. Management of this combined company expects to have the highest estimated annual revenue and brand market share among current public California companies.
So you're looking at low farms, you're looking at Jewishy you're looking at cure leaf, looking at several, several big companies in the Harbor side is basically saying. Come at me, we're here to play a pump for them. State house. The combined company name has 15 retail locations and expanding further already nine brands, including a top five ranked brands in categories, such as pre-rolls edibles and value flour.
Their facilities are able to produce more than 400 million U S dollars in branded revenue products. Brandon products, revenue they also of course have a statewide distribution network that I think reaches 75% of Californians practices. Impressive. So to me, this is a huge acquisition. I'm very happy for Harbor side, as they continue to just climb the mountain that was in France.
And they may be creating a new peak on their own and making everybody catch up to them soon enough. All right. Y'all let's keep moving. We're not here to gloat on one company flower, one F L O F favorite ticker in the game. Flu reports, Q3 revenue, 14.1 million up 18% year over year. Flower one is I believe the largest.
By, by land at least Nevada operator, Nevada based operator. So they of course are trending in the right direction. Gross profit. In the first nine months of 2021 was just over 15 million Leafly releases year to date results, I guess, getting in the habit. As they are not quite public yet, but we'll be shortly revenue of 31 million in the first nine months with a 27.4 million in gross profit.
That is an 88.5% margin up 21% year over year. It's pretty accelerated from where they were in Q2 and the first six. The merger looking to solidify between Leafly and Meredith capital by end of year. I can't imagine many aren't excited for that IPO and we'll be participating in it because that margin is insanity.
I believe they have somewhere just under 5,000 accounts. So. Obviously with such such room to grow there. All right. Hollister bio-sciences H S T R F on the OTC Q3 revenue of 14 and a half million up 53% year over year. And they're mainly in the Arizona and California markets this past quarter, they added a new CEO, new CFO and new chief commercial officer.
Their main claim to fame is Bynum extracts, which is 30% of category sales in Arizona. Why CBD that CBD MD announces a partnership with Amazon and Amazon platform preparing for the addition of CBD to the marketplace. Their stock is ripping right now after that announcement. So perhaps to them ignite that's Dan Bilzerian, his company, B I L Z F a.
We put the ticker after him Q3 revenue of 14 million. That is a record quarterly. For the company, get this up 12 and a half million year over year, a couple more here. Toronto passes 200 cannabis stores, which I think represents about 50 million Canadian in sales. And then pass that one more because I'm a Kentucky boy, Kentucky lawmaker files to decriminalize marijuana possession, as well as legalized limited sales and home cultivation, Kentucky making steps before some other states.
I am shocked. Quite literally am shocked outside of that. Y'all I hope this gives you a nice preparation for the day. Check out Harborside, HBO RF on the OTC. Check out flower one, keep an eye on the Leafly IPO CBD MD is looking good right now. So let's keep it rolling into the rest of the week. We'll see you again tomorrow.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Good morning investors. Happy Monday. I hope you all enjoyed a fantastic Thanksgiving weekend. If you were in the U S if you are not in the us, I hope you have a great week last week and a great weekend regardless.
So plenty to jump into. And the cannabis space specifically, my name's Elliot lane. This is cannabis daily. Thanks to Benzinga and Aaron Thomas for letting us do this every day. All right, let's start. So first and foremost, we have the Mexican cannabis bill for legalization is making the rounds before the vote.
What I did find was in Spanish, so I don't have a lot of information about what is in it. However, Per the marijuana moment. The majority of the Senate would like to pass this by December 15th so we could see moves in the next two to three weeks. Very exciting there. Next up is probably some of the most interesting news.
I think you will. Here in the cannabis space for a while, Taliban the Taliban reaches an agreement with a company C farm out of Australia to grow and manufacture cannabis products in the country. See farm will be making a $400 million investment to build the facility. But then see farm out of Australia, denies involvement in this.
They say they have no contact with the Taliban whatsoever and completely deny the, the media release of the Taliban put out. And then the Taliban corrects their mistake and says, no, no, no. This is C farm out of. So who knows this deal actually fired where the filed with the German company C farm. So we'll see how this goes.
It is interesting as the Taliban has generally been very against illicit drugs, however, during the U S occupation in Afghanistan. Apparently cannabis was a main source of income for the Taliban and they recognize the economic benefits of growing and partnering in this industry. So again, some of the most interesting news I've heard in the cannabis space in quite some time, high tide hit on the NASDAQ, closes their acquisition of new leaf naturals, expanding their CBD footprint into the U S even further and also benefiting their current CBD line.
And there'll be able to utilize new facilities for floor growth, core FLDC adds yet another product line with licensing agreement with beverage company Tonino Lamborghini, they will have full rights on being the sole cannabis partner to, to today to Nino Lamborghini, they will produce and distribute a CBD brand.
Ideally focused in the United States and we'll launch in Q1 2022. So flora growth Corp, continuing to add more and more lines of revenue to their current business plan. So I, I very much enjoy FLDC. Some would argue that they're spreading themselves thin. However if they're able to do it well, I say, go for it.
Irwin naturals. I w I N F up lists to OTC QB from OTC. Gage growth Corp, G a E G F announces Q3 earnings, obviously being acquired by terrorists and their record revenue of 27.2 million last quarter up 119.6% year over year and up 3.2% quarter over quarter. So even though a small increase quarter over quarter, they are still a leader in Michigan and they are still trending up.
So Tara sends still getting a lot of value in this acquisition. And of course cookies being a main driver of that as well. A flower court F L WP. Focused in on dry flower last quarter, we'll receive new genetics from cookies by end of year, or should receive new genetics from them. By the end of the year, the Q3 gross revenue of 3.6 million is up 0.2 million year over year, their net revenue, however down 0.3 million.
Year over year. So ideally there they're refocused similar to maybe Neptune wellness will, will help bring them further revenue for the partnerships, things of that nature. They also have, I believe facilities running in Portugal. So their international footprint is alive and well. So fire court has always been an interesting one to me.
And I think in the, in the. Realm of, you know, probably top two tiers of LPs in Canada, LPs being a licensed producer versus a multi-state operator MSO in the U S PC L O F pharmacy yellow 485,000 plus in revenue last quarter and Fiori cannabis, F I O R F on the OTC revenues of 1.1 million in Q3, the rep over a hundred percent.
Year over year, if you are being a pretty major Nevada based operation last I heard they were looking for an exit, so it could be something to keep an eye on. Interesting to me that nobody's quite jumped on this yet. But Nevada is a competitive market, so remains to be seen. I'm still laughing about the Taliban news.
So anyways, y'all Elliot lane with cannabis daily. I'm sure we'll have plenty more news to go as we look ahead into the week, but you'll, you won't hear a news like that anywhere else. So thanks for tuning in rate us, review us, let us know what you think, what you want to hear about.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Let's dive in to some last minute cannabis stocks, news insights.
Green Wednesday could bring $90 million in cannabis sales, with the weekend sales to surpassing $250 million.
Public companies discussed in the episode:
- Flora Growth(NASDAQ:FLGC)
- Planet 13 Hldgs(OTCQX:PLNHF)
- Chalice Brands(OTCQB:CHALF)
- High Tide(NASDAQ:HITI)
- Chalice Brands(OTCQB:CHALF)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
It is Wednesday slash Friday. It was the Wednesday before Thanksgiving. Excited to be here with you one more time this week before we all call it a holiday short.
And eat some Turkey or not meat. If you're a vegetarian, God bless. I am not. But let's dive in to some last minute cannabis stocks, news insights. Before we hit the Thanksgiving holiday flora growth Corp. FLDC. One of my favorites in the Latin American market closes their public offering at 34 and a half million via 11.5 million units.
Their stock is currently at $2 16 cents. Their volume did hit high last Friday in terms of volume is a large volume spike positively. But since then it hasn't really seen much movement. So keep an eye on. I think this is only benefits for growth for further announcements and further aggressive product expansion.
As they've been known for in the past few months, planet 13 holdings, P L N H F revenue of 33 million up 45% year over year it's ahead of the curve. Y'all with entertainment centers, how they treat taxi drivers in Las Vegas. When I was there and just talking to the different tax. Drivers, you know, going back and forth from these dispensaries, they all like taking customers to play in a 13.
They always suggest when you're being picked up from the airport, can we stop at a dispensary? Can we stop at a liquor store? Planet 13 is great. They do that because planet 13 takes care of them. They also tell you which ones they don't like. And to me, this is free marketing for cannabis. Third plaintiff 13.
It's not exactly free, but. Yeah, it definitely comes out in the wash for them. So I love planet 13. I love what they're doing. I expect this model to be replicatable in new markets like Florida. They're looking at three superstores in Florida, in California, I think in New York and other cities as well. So I'm a big fan of planet 13.
And if you haven't seen our facility. Please check out bending as cannabis, our YouTube facility tour. It's awesome. Well, love that with Larry there. As, as well as Erin, Javier and Patrick. All right. Chalice brand C H a L F on the OTC revenues of 8 million up 29% year over year record revenue year to date in the nine month.
Through the end of the quarter is at 20 and a half million, the Oregon, Oregon homegrown stores driving the main growth there. I would expect chalice brands to have another, to have a pretty successful 20, 22 or again, is upping or re upping their, their licenses. Finally, after several years, It is talked down upon a lot when it comes to not being a limited licensed state for all intents and purposes.
But as we move forward, I think chalice has right to, to be one of the owners of that market. At least for the time being until. Federal legalization and MSO is wrap everything up so on and so forth. Pablo's want to choke Cantor Fitzgerald initiates coverage on high tide. That's H I T I on the NASDAQ with a neutral rating and a $6 90 cents.
Us price targets. I just am fully more bullish on them than he is. I think high tide is an incredible company. They, you know, are wrapping up Canada at a rapid rates. We talked about their recent acquisition earlier this week of NewLeaf. They have UK in European. CBD arms. They have a ton of accessory components as well.
I think high tide is a very, very solid company that will compete on an international level. So if you're looking for a stock to watch in this industry that is very investible. You can always look at sundial. You can always look at INMED pharmaceutical. As of recently, you can look at the ancillary companies like Grogan, you grow AgriFood by a Corona, so on and so forth, but high-tide touches the plant in Canada.
They are, they will have the expertise to touch the plant similar to sundial in the U S when that becomes available. I love their business model and they're one of the top top in terms of footprints of dispensary's in the world, I think around a hundred and four-ish maybe, maybe a little more now clearly opens their hundred and 12th dispensary and ninth in Phoenix or in Arizona, this one being in Phoenix.
So y'all, it is a kind of a slow day for news, but I love the initiation of coverage. I'm high tide. I'm sure. Pablo is just being careful, given everything that's happening in cannabis this year. But I think high tide is a very strong. Past that if you follow Veridian capital advisors, Scott, griper his team over there never released some amazing data.
A Senator majority leader, Chuck Schumer. He recently said that the legalization proposal is designed to keep the big boys from dominating the legal cannabis industry. The irony here being the big boys in cannabis are. I mean, they they're, they're micro businesses compared to the big boys and alcohol food and tobacco.
Perhaps they wouldn't be micro businesses upon legalization and the ability to wrap up things quicker or be wrapped up by these other alcohol food and tobacco brands. But this is the irony of his comment right now. Along with that last, but not least a Colonel releases a report. So the Wednesday before, before Thanksgiving often referred to this is new to me.
As green Wednesday could bring $90 million in cannabis sales with the weekend sales to serve. $250 million. And this is generally a 60% increase over daily average sales. Y'all like to smoke on Thanksgiving. So props to you, enjoy your holiday. I hope you're relaxed. It's a good holiday to smoke. If you know, you get the munchies some people would say that's bad weed.
I don't know one way or the other, but I wish you guys a great Thanksgiving. Enjoy it with your families. Enjoy the food, enjoy the football and basketball. We will see you again on Monday looking forward to it.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Public companies mentioned in the episode:
- OrganiGram Holdings (NASDAQ:OGI)
- Trulieve Cannabis (OTCQX:TCNNF)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Uber is in the cannabis space in Canada.
Ayr Wellness(OTCQX:AYRWF)
High Tide (NASDAQ:HITI)
Zynerba Pharmaceuticals (NASDAQ:ZYNE)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Morning investors happy Thanksgiving week. It is that time of year. It is chilly. I'm not gonna lie, but I like it. I like pulling out the pea coats. You know, I like feeling like I'm a little bit more classy in the winter than I am in, in the summer. So I don't know. That's just. But I like every season as it comes and then hate it as it ends moving into why you're here.
Welcome to cannabis daily. This is Elliot lane. Thanks to Aaron Thomas, our producer, who makes us happen every day. We will be doing this for Monday, Tuesday, Wednesday. This week we'll be off Thursday, Friday as well. I delete the markets and then we'll pick this back up next week. So let's dive right into your cannabis.
New. Insights and stock picks with an earnings report. Of course, air wellness, Ayr, WF reports, Q3 revenue, up 111% year over year to 96.2 million up 5% sequential. So air wellness of course, is a massively inorganically expanding over the course of this year. They are doing it again. Now. He just bought and acquired or announced an acquisition of two more.
Dispensary's in Chicago from dispensary 33 for 55,000,040 million in cash, 12 million. I'm sorry, 40 million in stock, 12 million in cash, 3 million in seller's notes. They've been doing. A bit of that. They are 2022 adjusted EBITDA. Target is between 250 and 300 million maintaining a 20, 22 revenue target of 800 million.
So they are expecting a ton of growth to their run rate moving forward into next year. And I think they'll continue to aggressively expand through M and a as well as organically. So. Keep an eye as always on air wellness. Other news Uber finally enters into cannabis delivery space in Ontario by listing Tokyo smoke in its marketplace, Tokyo smoke, of course being a part of canopy.
But that's, that's big. It has been three years since it was made legal in Canada. But you know, interesting to see them happen. Now, high tide hit I on the NASDAQ acquires Colorado based new leaf boosts its us revenue rate by plus or minus 40% newly generated 19. $4 million us from September, 2020 through the end of September, 2021.
Most of it being e-commerce based, I think somewhere over 16 million new leaf appeared in the top 20 of the Inc 5,000 list, two years in a row in 2019 and 2020 being the fastest growing private companies. Well, you'd have to apply for it, but in, in the. So that's a really nice addition, I think, to high tides repertoire, obviously going to be utilized to expand its CBD footprint.
I believe they're going to be using the facility for fab CBD and blessed CBD, and probably creating some new products as well. So I think an exciting new addition to their us footprint, Thailand establishes medical cannabis research center. I always bring up the Asian market as the stocks that are interested in that right now being audacious brands.
Doing an asset light expansion into Asia and then MPX, I think we'll see more out of them come Q1 in the Asian market as well. that's Z Y N E on the NASDAQ files, a patent for the EU in terms of reside gel in the EU. There are leading transdermal cannabis space. Pharmaceutical company. So a lot of adjectives there, but they are they're a nice well-known stock in the space.
I really like designer, but I've always liked say neuroma, but I think some more announcements could be beneficial for them in terms of growth in their price, target NASDAQ issues, MCT O to Kronos group. Yikes. This is. Management cease trade order. This doesn't affect the ability of other shareholders to trade the securities.
This comes on the basis. That company would be unable to file quarterly earnings. If you'd like to go back Javier and I on cannabis our last week, do a nice little argument. Well, they're not we're bullish or bearish on Kronos group. I'll let you look at that to see who's who Nevada suspends harvest foundation's grower's license for not being able to account for some of it's marijuana among other items.
Harvest foundation is a private company. However, I thought it very interesting as we don't really see this type of news very much from a. Suspending licenses or at least it's not a widespread information. So they have 10 days to provide a plan of attack to account for the marijuana that could not account for and fix some other mistakes.
Alright, that is it for this Monday. Y'all quite a bit of news air wellness, of course, keeping on keeping on it's master world domination plan. Awesome news from high tide, I think designer, but Uber unfortunate news for Kronos group, but as always Elliot lane with cannabis daily. Thanks so much for tuning in.
Please rate and review us. Let us know what you want to hear for hear about in the comment section. We will do this again tomorrow. Y'all thanks again.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
- TLLTF
- FLGC
- INLB
Madmen
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Friends it is feel good day today. What is cracking? This is Elliot Lane host of cannabis daily, as always thanks to my producer, Aaron Thomas, who will be joining us in five-ish minutes to chat through some news as he does every Friday.
Thanks Benzinga for giving us the platform to do this. We bring you news and insights every day. A lot of stuff happening, man, on Aaron. I don't know why they don't spread some of this news out away from earnings a little bit, but maybe it's to cover up some of the earnings who knows, but tons of stuff to talk about today.
Obviously we got lots of opinions and hope this gives you a direction to look at for your day. So let's get. Tilt holdings having those a week. Y'all T L L T F or suitable for adult use at another Massachusetts dispensary, the second one in a week in that state pending final inspection. So I think final maybe Is is coming, but pretty much, they're still props to Gary.
Mann's leaving that company as good as he else in this, in this industry, flora grow their side of life. FLDC announced pricing of unblock offering of 10 million units at three bucks per current. Well, when I looked earlier was around 360 9 three 69 cents. Of course. I believe that is down 30% since they announced that news.
I still a fan of flora growth. I think they have one of the more. Product lines and footprints in the base, obviously Latin American base. So you have to believe in that part of the world's cannabis operations, but I think for growth is a strong company, but the market, not a fan of this news. So they will continue to be listed through this.
And we'll see how this turns out. Company village farms would BFF cannabis and produce operations, not affected severe weather. Just in case you are wondering, I personally was not aware of whether in British Columbia, but it's good to hear that are continuing on as normal unity road item labs of basically they're their franchise.
Well, the dispensary model is unity road joins the international franchise association item nine labs listed on the OTC for I and L B first cannabis dispensary franchise to become members. Cool update. I think, you know, moving. Forward into this skin being the leading franchisor in cannabis. And this remains the fact, you know, once of course everything's federally or somebody else jumps into the franchise model, who knows in the feud and nine labs is working really hard to lead this part of the sector.
Great. It's a California based company, their OTC GPF T has to release a Presley's defy their sale of stock by executives execs, take salary and do favor equity compensation. Their sales of their stocks are all executed by perforators told to minimize the price volatility, not sure successful those traders were considering they had to release a PR clarify.
But I like the. Form of compensation for the executives, but obviously they paste this out a little differently in the future admin, M M in FF trial, coming to a congestion, former CFO Parker resigned, but felt full claims. He is owed just under 25. Millions has higher and so will go to jurors as early as next.
MI w you know, obviously I, I'm not familiar with this case, med men, of course, several lawsuits in the, this seems to lean toward med men, everything that I've read this morning. Scott Cooper, as it, and CEO of Hexo has also been appointed to their bub directors props to him. He has experienced with trusts horrors, and obviously texts.
For Sebastian St. Claire after harsher last but not least. Nope. Nope. Two more news. I hide your face. I'm sorry. A Conda court testing the waters of in the U S this is pretty big, in my opinion, a national company to listen to the U S probably since. Which isn't that long ago, but you know, nobody really S in my opinion to them and, and for growth, but this is an international medical cannabis company with assets, such as a cultivation and processing campus in South Africa as tan Mart in the UK.
So in my opinion is going to be. Super interesting to watch. I think we'll probably be along the same lines as insecure that not necessarily to till raise level at yet, you know, probably not to the excitement of flora growth court, but you know, I, this is Intercare could be a good comparison for how a conduct could be would once it lists in the U S.
Last, but not least give a shout out to my main man, Michael Mills body in my other stellar news release for their rec year end financial results. Year over year revenue increased 332% from the end of 20 at the end of 2021 Q4 revenue. 40% sequentially profitable Q4. They are going to have a call at 11:00 AM Eastern.
We'd like to tune in today. But I'm very excited for them has worked incredibly hard. He's taken all of his debt off of his sheep. He is of course always open to adding more debt than anybody else in the space. And also, you know, shout out to cannabis. I'm pretty major debt financer in the space cannabis hour, chatting about what debt has done for cannabis.
So please tune into us know any thoughts you have there, but I, in my opinion, I'm super body and mind that's B M M J on the OTC. I think Mike Mills, Gary Santo, two of the most underestimated executives in this industry. I think they're both incredible. So big fans of tilt, big fans of body of mind.
And make them on your watch list at the very least, if you can invest in us plant touching companies. So with that being said, Elliot's ramble for the day is done. And Aaron Thomas has Ram day begins. What's up big 80. What's up big Elliot. How's it going? I'm actually kind of a big dude. So watch your face.
Oh, I'm good, man. Happy Friday. Good things. This is a podcast. I know what I'm trying, man. I'm trying to lose that way. What are you going to hear drinking? Half a cup of creamer in my coffee, but we're still in zinger nation. Don't worry. Elliot is a great looking dude. So my man trying to woo me over. Once you got for us today, let's get right into it.
So you touched on it yesterday, but let's start it off with this New York subways ban ads for cannabis or mushrooms. So ads about psychedelics is cannabis and other things that promote unsafe behavior are now banned by new York's MTA. So since you brought it up, Aaron, you know, I did mention this yesterday.
You've been on the subways in New York recently, recently. It's, this is hysterical to me. Like, I mean, it's the same thing with Gavin Newsom in California, banning the billboard, same thing, I think in like South Dakota and some of these in Michigan and some of the states where they have like advertising bans on case, which is actually not too far away from other sins, like alcohol and tobacco.
But what's funny to me is the ads for like OkCupid and some of these other types of companies are so sexual. Yeah. And the subways, and they're worried about like, And I'm just like, have you guys seen the orgy ads you've put in the subways recently? I'm not sure if you have or not, but it sounds like, yeah, I actually saw that when I was there.
I thought it was hilarious. And then on another note, so even if you're downtown in New York and you just walk around and you're just going to get the message of marital. Everywhere you go, every corner you turn, someone has marijuana, there are stores where you can buy marijuana and smoke it right outside the store in New York city.
So, I mean, we'll see how this goes. And this is just so silly, but I mean, I get why it's on the same level as the others, these other SIM products, but something definitely not equal this picture. Anyways. What's next brother. All right. So we touched on New York where you live, let's touch on Michigan, where I live.
So Michigan works to limit the amount of cannabis that caregivers can grow. This is not a positive move forward that I think at least Michigan wants to limit caregivers, grow amounts of move that is always contentious in the medical cannabis community. So let's see. So here's, I I'm torn if I'm going to be honest.
Y I, what do you, I mean, if you have the exact limits, let us know, but you know, you can't run a medical cannabis business out of your basement, right? So like, you know, if it's limiting to like maybe six plants or something like that, I don't know. I don't know what a medical cannabis patient needs, because I am not one.
But you know, I, I would hope that research has been included in this decision, but I will admit, like you have to allow people to grow their own cancer. It has to be seen that, like, I can make my own beer whenever. You know, so that doesn't take that. Doesn't stop me from going to the store and buying white claws or craft beer whenever I want to.
But you know, in terms of cannabis, like you can't just have a whole damn field in your basement. Excuse my language. Yes. So. The upshot of all the bills is that they would significantly limit the amount of marijuana. The caregiver can grow, reducing the number of cannabis plants from 72 to 24. So definitely a 66% cut there.
And then, so two thirds of the market right now of cannabis in Michigan is unregulated. And so what that means is the majority of that product can be untested as quoted by. A local television station. What TV? So cancer for patients. Those with immunocompromised situations, getting access to safe product is really important.
Some of this untested product has been found to contain mold, pesticides, Cola, salmonella. So if this is what the studies are showing and you know, obviously this is for the medical market Definitely you want a better product there so that, you know, the end user and customers have a better experience, aren't getting a bad product that in turn hurts their health and not helping their health.
Yeah. Yeah. So I think, I mean, honestly, like I'm, I'm not overly bothered by it, but again, like I also don't claim to know what a medical cannabis patient needs. And so I hope that research has been taken into account. Good stuff, man. Aye, what else? You got some more, right? Yep. I got two more things. We're going all over the place today.
So let's move on to some more federalisation news. So Schumer, Chuck Schumer wants to keep the big boys out of marrow out of the marijuana industry and says legalization. Bill is past. So Senate majority leader, Chuck Schumer wants to keep the big boys out of the marijuana industry in favor of creating opportunities for smaller operators.
When canvas is federally legalized and he says his upcoming bill would accomplish just that. To me, I have, in my opinion, like it really is just a cop out. And, you know, the, the investment opportunity in this space drives a lot of these types of opinions. And I get that and it, it does obviously make a part of my opinion, but at the end of the day, it, it it's, in my opinion, it's, it's his job and the job of Republicans and Democrats to figure out how to create social equity opportunities, opportunities for small businesses, while also allowing companies that are in the space and have worked hard to be in this space right now.
You know, so I think just limiting and saying you're, you're here to, to stop this from becoming too corporate. The only people in this industry that, that excites are the small businesses in California that haven't been able to compete. And I, I mean, to me, that's not good enough, but at the end of the day, I mean, I'm not a politician.
I don't claim to have all the ins and sources there, but I don't know, man, I. I feel like you should not limit an industry that could be so beneficial to so many states. Absolutely. And I agree with you there, but I think if this bill does pass in the right way, definitely could be more inclusive or it makes the industry more inclusive.
Right? So we have these smaller, smaller operators who are being noticed who are getting their fair share and. As well as these big operators who are coming into the space and now that it's federally illegal taking it advantage of all their initiatives and all of their you know, big, big practices that they've put into place over the years and finally grabbed the fruits of that.
Yeah. Yeah. I mean, honestly, like I think you have, you have to do this for small businesses too, and I'm not saying due to. Not work for them. Obviously. I think you have to create a path for people to start their own businesses and you can't just let Ms. Sows be the only cannabis businesses out there that is not a sustainable industry, but you know, you can't limit the MSOC either.
So, I mean, I think ultimately like it's, it's an extreme statement. But ideally there's more behind the bill, you know, like you're saying you know, and we'll all see how it comes out in the wash. And if Nancy Mesa get through gets there, even if Mitch McConnell lets Nancy Macy's get through. But we'll see, you will see.
I I'm hoping for the best. I think we all know. Yeah, hope. Hope is the key word here. No legislation this year. All right. Let's end it on a nice light notes. W we're going to take it overseas to end, ended up or ended off, I know what you're going to say. Yes. Germany set to legalize marijuana nationwide.
After major parties, reach agreement, party leaders in Germany. Germany's incoming government coalition have reached an agreement to legalize marijuana nationwide. The legalization legislation is expected to be introduced. Introduced during the upcoming legislative session, it will also provide broader drug harm reduction services and restrict advertising of tobacco and alcohol.
Along with cannabis, as it stands, personal, personal possession of marijuana is decriminalized in Germany and there's a medical cannabis program in place, but this forthcoming proposal would seek to establish a regulated market for adult use. Nice. So far today Tilray up almost 3% to 2.7, 5%. And if this news doesn't spark some move until red be shocked surprised that this move didn't spark, or if this news didn't spark a lot of other moves, you know?
Yeah. For me, the two big ones that I would look at are artillery. And cure leaf. So those two specifically public stock wise are I think the ones, it looks like what's like clearly is up this morning a little bit. So. Yeah, I mean, honestly, like those are the two stocks they're both up. Not as much as I would have assumed on this news, but I mean, I don't think anybody is directly in, but you can also look at other companies like flower Corp like perhaps heck so has some international, I think village farms is expanding into Northern Europe.
So I mean, there's a lot of companies that are investible that can take part of the. No worries, Aaron. That was fun, bro. That's some good, you know, I hope we didn't get too political on you all today. Obviously we want the best for the industry and we want it to keep growing so we can all make that money on it.
Y'all
Yes. Fun always intended. Aaron, appreciate your brother. Happy Friday. Feel good Friday. Man we are long-winded. These are these Friday episodes, 20 minutes, but it feels so short and quick have fun on these. I have a lot of fun on these. So the time flies. Yeah. Thanks everybody for tuning in cannabis, our benzinga.com.
If you have any suggestions, please rate and review us on your podcasting. Platform of choice. It helps us know what you all want to hear about. We do check those. We do read those. So please let us know. Outside of that, have a fantastic weekend. We will do this for the first three days of the week, next week.
And then we will be off next Thursday and Friday. But we will see you again on Monday. There's Hey investors. Thanks so much for tuning in to Benzing. As cannabis daily stock picks and news podcast everyday pre-market. Once again, this is not financial advice. Please do your own research. We hope we bring you the best and most efficient news for your investing.
Continue to find us on benzinga.com/cannabis, spending a.com/podcasts or on YouTube on Benzinga channel.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
South Dakota lawmakers recommend bill to legalize marijuana.
New York bans advertising for cannabis and psychedelics in subways.
Rep. Nancy Mace has reasons for advocating for cannabis.
- 4Front Ventures(OTCQX:FFNTF)
- TILT Holdings(OTCQX:TLLTF)
- InMed Pharmaceuticals(NASDAQ:INM)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
What up y'all it's thirsty Thursday. I hope you're ready for some cannabis news stock picks and insights. This is Elliot lane, kind of a weird intro.
Sorry about that. For cannabis daily here with Benzinga and producer, Aaron Thomas has always thanks to you, man, for letting me do this with you every morning. Guys, we're finally on the decrease and the decline in earnings. So I got one. Big one for you today. And then some news to dive into both legislatively and some pretty big stock movement.
So let's, let's get right to it. First and foremost forefront ventures or forefront holdings that's F F N T F on the OTC, their revenue of 33 million up 48% year over year. But unfortunately down 4% sequentially I honestly, I got to give them props though. I really do their press release came right out, steered right into that skid.
And those were the first two lines of the press release. They did not shy away from that quarter over quarter performance. And I, I got to give them props. They're very confident and they've been around for a long time. They truly are, oh, gee, in this space, forefront does it their own way. And I think that they make intelligent hire.
That they don't chase what's trendy in the industry such as you know, how to create celebrity brands and, and these different types of you know, trendy topics, forefront continues to build a solid company formerly valued at a billion. I think they've declined since that, but it's still a very strong cannabis.
Definitely on my watch list. Legislative news here today, South Dakota lawmakers recommend bill to legalize marijuana. This is separate from activist efforts to include in 2022 ballots probably at the dismay of the South Dakota governor. But nice to see another state push for full legalization and decriminalization there.
New York bands advertising for cannabis and psychedelics. Not overly surprising. They joined tobacco, nicotine, alcohol, other quote, unquote, sin products. How dare you sinners wanna, you know, look at advertisements of these things, but I live in New York city and I ride the subway from time to time to my chagrin.
I gotta tell you some of the ads they're very. We'll say sexually driven. So the fact that they're banning cannabis products is kind of funny and ironic to me a little bit, organic Graham OGI launches, new CBD forward, a wellness product. Mosher. I hope I said that, right. Or I could have just over complicated it.
Up to you guys, but overall OGI really, really down since the start of the year, but still a strong company, still one that I think longterm has a shot on goal at being a nice and. Boom stock, if you will, for lack of a better term. So keeping it rolling. T LLT F tilt holdings is probably one of the best earnings I reported on over the past week, week and a half approved to begin.
Adult use retail sells in Brockton, Massachusetts, beginning, November 22nd. Tilt holdings, really moving, I think aggressively since the start of the. And moving in, I think to probably middle of next year, we're probably going to see a lot of news coming from them. Nancy mace. She is of course, the freshmen, Republican congressmen who introduced the bill to legalize cannabis from the GOP side of things.
She has a history with cannabis that really led her to healing from being raped. She, she mentioned when she was 16. So really. Incredibly brave of her to come out and say that an incredibly brave story. I do think that she has a passion for cannabis that a lot of these other lawmakers don't.
Do I think she's not playing politics? I don't think that, but I do think that there is a passion there that we haven't seen from the likes of the Republicans and Democrats in recent history, that being said Unfortunately, Booker and Schumer most likely stand in the way of this continuing to push through.
Unless of course a Republican control comes back into play after the midterms next year, that being said, I'm not pushing one way or the other, but it is interesting to keep an eye on the different legislative initiatives for cannabis. I do not expect one to pass in the very near future though. All right.
So I think the news of yesterday was some stock movement from the surprising INMED pharmaceuticals. That is I N M on the NASDAQ. They are mainly a biotech and pharmaceutical play with a very strong focused in the synthetic production of cannabinoids specifically. And I'm going to say this cannabis.
Boom, Aaron Thomas CBC proteol they, that product came with them through bay Medica. And it was a biosimilar. Product of cannabis. So with that, they are pretty deep in the R and D sector. They have about a, I think it's like a 21, almost $28 million market cap. Their shares exploded yesterday.
They added a third of an invalue after posting excerpts of a research. That illustrated a, some name of substantially different profile from the company from a few months ago, the research report was Edison investment research adjusted the company valuation on room 290 million. I mean they, they really just exploded yesterday.
Their stock now is trading around 1 95. I believe. It closed at one 40 on Tuesday. They are the talk of the town. And it's interesting to me, the value of their share in comparison to stocks like sundial, whom I actually very much like, but Sunday, obviously a $1.6 billion market cap in the seventies for price.
Right. INMED almost $2. So interesting to see what happens here, obviously well done to the INMED team. They are moving in the right direction over there as to the analysts think so. And I think the market thinks so as well, large-scale. We're absolutely massive yesterday compared to zero for the preceding five days and probably more so keep an eye on them, perhaps a little late to dive right in INM.
It might be a watch list or, but obviously they are moving in the right direction. So, you know, do your research. They are a by, from broth. With a target of 1150 worth noting with that INM S N D L two very different companies in this space, two very popular companies in the market. So it's nice to see a broad spectrum of cannabis stocks getting attention.
And that goes alongside MSO S the ETF for the U S cannabis stocks, which saw a massive increase in volume down over the last few days, but still very powerful. Amongst active cannabis traders, that being said, Elliot lane here with cannabis daily. Hopefully this was interesting. Hopefully it caught out a few interesting stocks for you.
FFN TF. I love O S S and D L. And of course I and M welcome to the party y'all until tomorrow, when we get some action from Aaron Thomas, this is Elliot lane rate and review us one star five star, let us know what you think.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Today's Cannabis Headline include:
Brand new Cannabis ETF starts trading today. PSDN
Bill unveiled in Wisconsin to decriminalize marijuana.
SHWZ to buy to Emerald Fields in Colorado for $29 million
Public companies discussed in the episode:.
- Jushi Holdings(OTCQX:JUSHF)
- Pure Harvest Corporate(OTCQB:PHCG)
- AdvisorShares Poseidon Dynamic Cannabis ETF (ARCA:PSDN)
- Vext Science(OTCQX:VEXTF)
- Item 9 Labs(OTCQX:INLB)
- Columbia Care Inc (OTCMKTS: CCHWF)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
What's up investors. It is Wednesday. Hope you all are enjoying a strong week in the markets. No shortage of news, no shortage of numbers that have come out recently.
My name is Elliot lane. This is cannabis daily. Hope you guys have been tuning in for earnings the past week or so. Thanks to Aaron Thomas who produces this BA show and Benzinger forgiving us a platform. Do you want to say, if you like, what you hear here, please rate and review us so more people can find us and also rate and review us whether it's one star or five, we prefer five.
All right. Y'all, let's get started. I'm only going to do a couple earnings today, but some that I think are interesting and then dive into news. Earnings for Jewishy J U S H F revenues up 116% year over year to 54 million tons of Q3 updates for them. They launched flower in Virginia, expanded their footprint in numerous ways in markets, such as Las Vegas, Massachusetts, Pennsylvania, Ohio, and Illinois.
I will say, I want to give a shout out to the Twitter handle handle. Can investments a really incredible post yesterday, diving into earnings press releases and numbers that a lot of people skip over, including inventory on. As well as tax numbers and seems juicy is looking solid in both. There could be different reasons for companies to have higher values of inventory whether they are expanding or preparing for expansion or.
They just can't sell the product so things to keep an eye on their as well as taxable income and deferred tax and how much taxes a company needs to pay companies like truly even GTI their, their, their sheets look, stellar companies like Verano and, and a couple others, less stellar. So interesting things to look at there.
Pure harvest Corp. This is a new one for me, a newer one, I should say over the past couple of months, but a lot of investors are talking to me about how they like this story. It's P H C G on the OTC. Their Q3 revenues are 500, a little over 500,000 in sales up 200% year over year exceeded 2 million on the year.
So far. In all of 2020, they saw less than 350,000 in sales. So they are growing at a good tick. They're obviously not a competitor to your main major MSO is at the moment, but one to keep an eye on with a very interesting story. All right. You're awesome. Interesting news to dive into the news of the day for me, Poseidon asset management, announces launch of ETF, P S D N begins trading.
Today, sponsored by advisor shares. Let's take a look at the holdings. All right. It looks like their biggest holding is Weedmaps. That's M a P S a. They have a ton of anciliary plays in their hydro farms. Scott's miracle grow of course, Hawthorne being. Cannabis subsidiary, AgriFood urban grow advanced flower capital.
They have some of course grow generation. They have Canadian holdings like village farms, sundial. Let's look at the next page. You think they're just one page? You're crazy. Let's see, going over innovative industrial properties till rate high tide canopy Kronos clever leaves. Green lane. I am cannabis intercourse.
And I believe there is one more that I'm missing here. It is turning point brands. So obviously sticking to the major exchanges of nicey and NASDAQ there. So you're not going to get your us MSOC or us plant touching assets. But you will get your major and ciliary place in the, in the U S and you'll get your strong Canadian and international growers and companies that touch it there.
So in my opinion, this is great. For those that are not interested in OTC stocks, you know, just my personal opinion. I think you're missing out on some major growth opportunities there, but at the same time, if you're just looking at NASDAQ and nicely listed opportunities, this ETF is for you. Shout out Spencer Israel take a look at this ETF.
This is P S D. And exciting stuff there from Emily and Morgan Paxio as well as Dan errands and Noah Hammond over at advisor shares, vexed sciences, VX T F close to vertical integration in Ohio with level one cultivator provisional license. This will be a 25,000 square foot in. Build out some exciting stuff from Beck sciences.
They're not an overly loud company, but a strong one, a very solid brand play in Arizona. For sure. Item nine labs. I NLB breaks ground on 13 and a half million dollar cultivation and lab expansion in Arizona. This will decrease their reliance on third party. Sourced material, apologies for my us there by 40 to 50% item nine labs, of course, being a company that is very focused on the franchise model.
They are right now in between. How they are supporting that franchise model, but they are starting to Excel operations. So I'm really, really excited to keep an eye on item nine labs and to keep an eye on how fast this franchise model picks up and how successful it is. I think item nine labs is probably the.
Company to keep an eye on as well as maybe open door, which is a consultancy that's associated with zone properties. DDPY new product of interest for me. I am, I'm not gonna lie. I, I kinda want to try it, but how they sent out the press release is the best part. T H C lined drinking straws. Eco-friendly and discreet my friends.
I want to get Aaron his opinion on that on Friday. So Aaron put that in your, in your book and let me know what you think about that. A new bipartisan bill in Wisconsin to decriminalize marijuana. I think also 80% now of Indiana residents feel marijuana should be fully legalized. And last but not least, schwas SHW Z to buy to Emerald fields, Canada boutique dispensary's in Colorado for $29 million in cash and stock.
Schwab has continuing to expand within the state and a battle for market share in that state Columbia care coming in very strong others coming in very strong to that market. It is the second largest cannabis economy in the world. I don't know. There's a lot of talk that schwas could be acquired by Columbia care could just be talk on the street.
It couldn't have something to it. So if that is the case, you know, also keep an eye on Columbia. And some others in that market. With that job, PSD in for Poseidon vexed, VX, TF juicy, J U S H F strong earnings from them, strong Q3 from them all the way around. I hope you enjoy cannabis daily. Hope. This gives you a sense of what to keep an eye on for today.
We will do this again, two more times this week, looking forward to it next week. We'll do it for the first three days of the week with Aaron Thomas and I looking forward to doing this again on.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Representative Nancy Mace's Cannabis Legalization Bill is the talk of town.
On today's Cannabis Daily, we covered the following public companies:
- CV Sciences (OTCQB:CVSI)
- Verano Holdings (OTCQX:VRNOF)
- Greenlane Hldgs (NASDAQ:GNLN)
- Intercure (NASDAQ:INCR)
- Lowell Farms (OTCQX:LOWLF)
- Unrivaled Brands (OTCQX:UNRV)
- TILT Holdings (OTCQX:TLLTF)
- TPCO Holding (OTCQX:GRAMF)
- Halo Collective Inc (OTC:HCANF)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Michigan cannabis sales up 58.8% year over year.
MSOS ETF continues to see a strong volume.
Q3 Earnings Continue for Cannabis Stocks:
Delta 9 Cannabis(OTCQX:DLTNF)
Village Farms Intl(NASDAQ:VFF)
Trulieve Cannabis Corp (OTCMKTS: TCNNF)
Charlotte's Web Holdings Inc (OTCMKTS: CWBHF)
Auxly Cannabis Group(OTCQX:CBWTF)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Good morning, investors. Happy Monday. Hope you all had a fantastic weekend. I don't know about y'all, but my fantasy team one for the first time in a month.
And I am on cloud nine. I'm not losing money. Yet we'll get to that probably later, sooner, rather than later, let's dive right in. We of course have tons more earnings, um, you know, with the one big one being truly, uh, and some news to get through. But, uh, you all, if you missed any of the earnings updates, you can check out the podcasts from last week.
Uh, we try and keep it short and concise. It can run through tons of earnings reports, uh, in less than 10 minutes. Uh, so if you guys like what you hear, please review us, rate us on your podcasting. A preferred hosting site. It does help us be found by others and it helps us know what content to post. So let's dive right in your earnings.
Q3. We are still right in the middle of it. Delta nine, D L T N F revenues of 15.2 million up 16% year over year. Their fiscal year of 2021 so far is that 19% year over year, 2 45 0.2 million cases. Delta nine is a very interesting LP LP, ping, licensed producer of cannabis in Canada. Uh, they are one of the OGs, you know, being an O G I would want the revenues to be a little stronger than this, but they do expand pretty organically.
Uh, and they have interesting activations in the U S so one that I never count out to put up with. Village farms. That's BFF. Another major LP that has a little bit further depth globally, uh, acquisition, 70% of Quebec based rose life science. This is a vertically integrated branded and third-party supplier to Quebec giving village farms a nice entrance.
Not so much entrant as much of a bigger presence into the Quebec market. The value of the transaction is around 46.7 million Canadian. So not only is village farms continuing to expand globally, but obviously still focused on being the Leidy leading Canadian provider of Canada. True leave. Here we go. TC in an F revenues up 64% year over year to 224.1 million.
The combined company with harvest revenue is 316 million. They did tons in Q3, including a wholesale launch. Choose it's they made moves in West Virginia, Pennsylvania, Georgia. And of course expanded further into Florida, which they refuse to lose control of, to the likes of curely for anyone else for that matter.
Uh, so truly continuing their strong March ahead into world domination, um, fighting the fighting to other big boys, but I I've always. Um, a lever of TC and NF, and I think I'll continue to be for some time there. One of my favorites, him fusion CBD, H F revenues of 3.1 million up 155% year over year and 154% quarter over quarter, including these numbers include the recent acquisitions, uh, which I think sperm, these numbers.
Completely their e-commerce sales are also up 190% quarter over quarter. So him fusion deciding to take more aggressive steps forward here. I like it. Um, they need to keep up with the likes of Charlotte's web and, uh, other major CBD players like CBD MD. And I think. Uh, this quarter is a strong step toward that avocado, AVC and F gross revenues of 1 million, a little over 1 million up 280 K quarter over quarter.
So decently low revenues, but they are growing. So keep an eye on that. I would most likely consider them probably a target for M and a at some point, uh, from one of the other areas. Oxley revenues up 95% year over year to 24.5 million. All right. Y'all that is the, the earnings. And I'm getting through today much shorter and sweeter today than the final two days of last.
Well, let's jump into some news, cause there's definitely more happening in the space. Schwas S H w Z signs agreement to acquire smoking gun and smoking gun land for $4 million in cash and a hundred thousand in stock. The main pickup here being a dispensary and some assets on a prime retail corner in Glendale, Colorado.
After the earnings call for Columbia care that CCH WF on Friday, many are considered. The, uh, M and a, that was brought up in that to be schwas. So keep an eye on that relationship, uh, is a Columbia care picked up medicine man from them. So, uh, this could be more news, uh, for Columbia care in the end of it than schwas, but no timeline on that, just, just some.
Heads up, if you will. FLDC that's for growth, Corp completes acquisition of vessel brands, giving FLDC immediate presence in north American cannabis consumer tech market. What 12 months of trailing revenues of 6.6 million, not a huge pickup here. Margin wise. Uh, definitely. I love the expansion of flora growth into multiple business lines, multiple revenue lines in multiple geographies.
So I continue to be a fan of what Luis is doing over there. Michigan cannabis sales up 58.8% year over year, and 1.3% quarter over quarter to 163 and a half million majority, uh, massive majority. Thanks to the adult use market, Colorado marijuana sales, not trending in the same direction. Unfortunately down 6.1% since August to 181 million September sales, uh, we're down 12% year over year.
So, you know, keep an eye on that for the likes of schwas and Columbia care and a few others. Uh, Ms. S continues to see a strong volume. Uh, as we move through the week, last week, that started, um, uh, about 10 days ago, roundabouts. Um, but because of that push, uh, for MSLs and the other cannabis. The us cannabis MSOX are seeing, um, a strong rally right now.
Uh, so that's fantastic. A body of mine expands some brands into Ohio and Cresco labs. CRL BF opens the dispensary steps away from Wrigley field in Chicago. Uh, but Wrigley probably grinding his teeth in Florida right now. Uh, with that being said, y'all cannabis daily here for you. Every weekday at 10:00 AM looking forward to it on Tuesday rate review us like us.
Hate us, uh, looking forward to doing it again tomorrow. No matter. Hey investors. Thanks so much for tuning in to Benzing. As cannabis daily stock picks and news podcast every day. Pre-market uh, once again, this is not financial advice. Please do your own research. We hope we bring you the best and most efficient news for your investing.
Continue to find us on benzinga.com/cannabis.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
A recent survey found that 60% of consumers said they would consume cannabis with their grandparents.
Actor Seth Rogen,comedian Sarah Silverman, kickstart cannabis in common campaign.
Public companies discussed in the podcast today:
- Intercure(NASDAQ:INCR)
- Village Farms Intl (NASDAQ:VFF)
- TerrAscend(OTCQX:TRSSF)
- Sundial Growers(NASDAQ:SNDL)
- Hydrofarm Holdings Group(NASDAQ:HYFM)
- Akerna (NASDAQ:KERN)
- NewLake Capital Partners(OTCQX:NLCP)
- Tilray(NASDAQ:TLRY)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Investors welcome to feel good Friday at cannabis daily. This is Elliot lane bringing in New York cannabis news and insights on the market. Uh, every week, day around 10:00 AM, you know, maybe 10 0 5, maybe 9 55. We haven't gotten into an exact science yet, but we are there for you every day. Uh, today's Friday.
We're going to get Aaron Thomas on a little bit later, chat through some fun little items, but my gosh, the amount of news I have for you today, earnings is in full swing. Um, some funny things happening, some awesome things happening, and some companies that'll have some things to prove next quarter. So let's do that.
Right in inner care, I NCR, uh, known as can dock around Israel. Um, really great, uh, management team behind them, great investors behind them. They moved on the announcement that they were having earnings. I just found this hilarious, uh, Inc. Uh, I think there are a lot of firm believers in this company, including myself.
I think insecure is going to be a powerhouse internationally. Uh, but I, I don't see why they made the jump to be quite honest. So, um, keep an eye on them and I look forward to their earnings, maybe something coming out. Yeah. I had a couple articles that came out recently. I want to, I want to bring attention to investor place, publishes articles saying sundial that's S and D L could be a goodbye for reversal.
We'll touch more on them later. Obviously mainly citing the years happenings plus the market opportunities. So nothing really. Super insightful in the article in terms of specifics or details that most cannabis enthusiasts don't already know. Um, but overall, I, I share a similar sentiment. Stock place says drops on dial and by village farms, uh, Corona, organic gram, and Greenlane while I agree with half of that sentiment.
Um, I think diversification is great. I think sundial has its own benefits. Again, we'll touch on them. Shortly village farms is an incredible company. A Corona is one of the leading software compliance providers in the industry. If not the leading one organic gram for me is interesting because of the tobacco entrance there, uh, in Greenland, obviously being one of the major anciliary companies and, um, and accessory brands, uh, out there.
Hexo, this is a little bit of old news, but I did want to touch on it. That's hex. So on the NASDAQ closes three recently acquired facilities laying off 155 workers, and they claim this as a part of an integration plan. You know, it may be, and I think remains to be seen, but I, I, I want to be fully behind tech.
So. Um, and it's just not positive news coming out of there right now. And I hope they can continue to release some positive reasons that sustainability, uh, was great about little less than a month ago or about a month ago. Um, but I like to see more news like that coming out. H C Wainwright cuts price target for current that's NASDAQ listed K E R N from $7 to $5.
Um, I do not read into this very heavily. I think a Corona is one of those. Leading service providers in this industry. They're obviously not thriving. Uh, like the, I would say the hydroponics companies are right now. And I think for obvious reasons there, I don't think their services are quite as expensive.
Um, but at the same time, I think a current grows as this industry grows because there is no major competition to them as. Current moment, in my opinion, terrorists and TRS SF shareholders overwhelmingly approved gauge acquisition and the amendment. Uh, so that should continue to move forward relatively rapidly.
Uh, after this. Now we dive into the first bit of sundial news, that's S and D L and the NASDAQ again, announces share repurchase program of up to a hundred million Canadian. So that is huge. Um, a lot of discussion and it really the biggest negative about them this year was the stock dilution. Um, I think this is the step to counter that counter.
Um, the claims that their shares are not worth as much as they should be. I think this is a step toward rectifying that for them, or at least to make it appear. So, uh, all right. Y'all earnings, earnings, earnings, earnings. We are keeping rolling on that train. Plenty more to get to today. Hydro farm is where we're starting.
H Y F M revenue declined 7% year over year to $128 million. Um, I believe that is still the leading. Um, public, at least the leading public company in terms of revenue, quarterly revenue for a hydroponics company that I can think of that being said, you know, you obviously want to see positive trends if you're invested in them.
Um, but to call out both sides, hydro farm, obviously doing well, but not trending in the right direction as is . Urban grow, but similar to grow generation. So an interesting correlation there, Columbia care, CCH WF record, quarterly revenue of 132.3 million up 144% year over year and 22% quarter over quarter, California is still being the company's, uh, highest revenue by state with Colorado.
Uh, they've really focused on expanding there over the last few quarters, uh, and they've done a great job at really controlling that market, in my opinion. Jumping to glass house group. That's G L a S F on the OTC net revenue up 29% year over year to 17.2 million. But unfortunately down 8% quarter over quarter, they are still the number one brain ranked brand in sales in California.
So that is something I have a lot of faith in glass house. I think Kyle and Graham are doing great things over there. No, I, I think, um, there's a lot to prove still, you know, I think there's a lot of companies that could still enter California and just take over that market. Um, and I think as corporate and culture mix, I think glass house is really well positioned to tackle both sides.
I love their sustainability, uh, activations. I love a lot about. Um, but you know, we obviously want to see that sequential revenue, uh, increase right now and not decrease as the market emerges maps. That is Weedmaps or WM holdings on the NASDAQ, M a P S revenue of 50.9 million us revenue up 46% year over year and overall revenue up 9% year over year, Q4 revenue supposed to be between 50 and 52 million.
So not anticipating the large growth, uh, by the end of the fiscal. Uh, CIN wellness holdings, that's AWL H revenue up 13.2% quarter over quarter to 94.4 million. Interesting factoid nine months 2021 revenue is up a hundred million over the same nine months in 2020. So, you know, as sin, wellness is one that has just blasted in the tier one territory.
In my opinion, I love, uh, what Abner and team is doing over there. They're backed by Poseidon and the, and Emily. Emily Paxio, uh, and several others. And I just, I love ascend wellness, uh, pretty much all the way around. Uh, we will dive into the REIT section really quick, new lake capital partners. That's in LCP revenue up 22% quarter over quarter and up 135% year over year to 8.1 million.
Of course, they closed their IPO with proceeds of 102 million in August. I think new lake is poised to be one of them. Three to four leaders in the real estate investment trust landscape in cannabis, and a lot of faith in them. And if you're looking for an interesting ciliary play, uh, I, I, I would definitely keep an LCP on your watch list.
All right, I'll wrapping it up with sundial on my end, S N D L income of 11.3 million Canadian, as opposed to last year at the same time was a loss of 71.4 million, a massive turnaround for the. They are still, um, working off the success of their meme, stock status and the Reddit user craze, a S and D L I believe is still the number one cannabis stock, of course, on the Reddit boards.
Um, and S and D L is, um, they're working hard to make it worthwhile. They obviously, they diluted a lot. They, they raised a lot off that, uh, that volume that. Um, they, they created a massive investment vehicle with sun, sun stream bank Corp, and they invested in Endiva. They, they purchased a leading retail brand in, in Canada.
They've um, they they've invested in acquired multiple companies, uh, across the, the last few quarters. And I just have massive respect for what Zach has done this year and, and turned that company around. Um, so that is the reason S and D L right now is up some 25, 30%. Uh, in the pre-market session. Uh, so if you are invested in SMD L you should be having a great.
Uh, again, cannabis stocks are volatile. Uh, just look at MSO S uh, they are overall having a good last seven day swing. Um, but their volume of course, massively decreased from that huge spike we saw on Friday from the Republican bill. That being said, y'all, I'm going to call it quits for my thing. My Lord Elliot stop being so long winded and get to Aaron.
Thomas. What? Everybody's here for? Aaron? Are you there? My friend, I am here. What's going on? Elliot. How are you? I'm good, man. I need some water after that earnings get me. Yeah. I mean, it's a longer earning seasons. There's a lot to talk about. So it's completely understandable. Yeah. You know, Erin, do you have any, like, you've listened to me give like earnings reports, big earnings reports, the last three days straight, anything pop out to you?
Um,
you know, for me, it's, it's got to be the tier ones continue to just. Move forward and leave everybody else in the dust. Uh, and I think it's, it was less, less of that earlier this year. Um, you know, I would say, and this is in the operator space. I think the opposite is happening in the ancillary space. Um, but you know, that's kind of where I'm at so far.
I don't think we've had a lot of the tier two Domestos, uh, report yet, and I'll be interested to see that and maybe they will, uh, change the narrative of this season a little bit, but to me, tier one and tier three, there's more separation now than there was a week and a half. Hmm. That's interesting. Why do you think that is?
Um, I think that is because market share is going to dear ones. I think tier ones have more resources. They they're, um, massive inorganic expansion, uh, opportunities right now for them. Um, you know, and I think some tier former tier ones, like a goodness growth. You know, I, I think their earnings next quarter are that much more important because of this quarter, a little bit gray area, uh, in, in their reportings, but companies like curely and green thumb industries, it was like, here's my earnings.
We're frigging great. Like they, they there's just no hesitancy. I think glass house group has the, the ability to become a major player in this. Um, you know, obviously you want to see that sequential increase, but I think they're poised for success. Um, but because their sequential decrease this quarter, it makes Q4 that much more important for them.
Interesting. We'll have to keep our eyes peeled and our, you know, keep up on benzinga.com/cannabis for all the news. And, uh, up to date. If I had a soundboard, I would've done the air horn right there. Anyways, do Eric give us some news, man, what's going on? Let's get into it. Let's get into this Friday fund.
Uh, let's start it off with some light fun news. A study, 60% of cannabis consumers would get high with their grandparents. A recent survey found that 60% of consumers said they would consume cannabis with their grandparent. That recent survey conducted by cannabis edibles brand a Zucca 60% of respondents.
Uh, The same thing. So I said they would consume cannabis with a grandparent, according to the company, press release. If you don't know, Zucca not to interrupt you and keep your thought, but as Zucca is really cool, like science-based animals brand, I would imagine, um, you know, I think it's Kim over there who leads that, and I really like their brand.
And I imagine they're probably poised for an exit at some point after they grow a little bit. Um, but I really think. Uh, if anybody was going to put that who's not wanna, or in diva or bang, uh, Zucca is a pretty cool operator to put that on. And what an interesting question. I wonder if it's because they all smoke with their grandparents over there, they get that wisdom from them, you know?
My grandparents would look at me with a not so pleased. Look out. No, my grandparents would not be pleased as well, so we'll keep it. We'll keep it moving. The Americans and cannabis consumption survey was conducted online and it had 1,089 participants. The results were weighted. Reflect gender and age distribution across the 18 to 16 year old demographic, over half of the respondents were cannabis, cannabis, consumers.
Um, so basically it goes on, um, and it lists a bunch of statistics that they found from the, uh, from the survey itself. But the overall sentiment sentiment is that the survey reveals. That there is still a need to educate Americans about cannabis while consumer demand is growing exponentially. Now is the time to bring sophisticated and approachable products to market that people can trust.
That is a quote from Kim Sanchez rail, uh, via press release. So she's, uh, she's doing well. She's smart. Yeah. Yes. Uh, yeah, Kim. Absolutely. So, I mean, I don't really have much more to add to this, but I will say. What an interesting fact, man, I don't know who thinks about these questions, but like props or that person gives them today off.
Exactly. That was a great question. And uh, brought a little fun in my Friday for sure. So moving right along, I know you touched on it earlier this week, but actor, Seth Rogen, uh, comedians, Sarah Silverman, kickstart cannabis in common campaign. I know you touched on the federal side of it, but, um, They came together to help kickstart cannabis in common, a public education campaign aimed at getting cannabis consumers, the broader public air and the broader public to contact their legislators about passing, meaningful, meaningful cannabis reform at the federal level.
Nice. Yeah. I mean, it's really great for them to get involved. I think, um, this is, this is the type of industry where having a platinum. Could help. I mean, not, I'm not at all going to get political, but obviously you're always going to have discourse if you choose a side politically, but the vast majority of American people don't understand why this is illegal.
So, you know, for them to get on board with this and, and push just common sense legislation through and utilize their platform to do so, puts pressure on politicians. Um, you know, so. You know, and more and more people get on board. Obviously, Seth Rogan been in the cannabis industry for a long time, Sarah Silverman, uh, for a time as well.
Um, you know, and Willie Nelson and, and Jim Belushi and all these other celebrities that are in, um, you know, they're being as loud as they can, but there are others out there who could jump in, you know, and they don't have to be major smokers. To understand that this new industry would provide a lot back to this country.
Right? I mean, there's always going to be like the Willie Nelson's and then the Seth Rogan's, there's always going to be a face and a voice of the general cannabis consumer. And I think it's, it's great for people with their stature to, you know, really push for these kinds of initiatives and, you know, Nudge Congress, uh, along because without them, you know, irregular people, excuse me, us regular people would definitely, our voices would get passed along for sure.
Uh, generally, so definitely having a more prominent voice as the, uh, As the voice of the people in a sense, right? Yeah. Yeah. Thank you. Leo DiCaprio with his environmental work. I mean, he brings a huge spotlight to it and has become very well-known for it. So, um, I, you know, ideally, you know, if you have a platform you're using it for good would be the through line there and maybe an obvious one, but I don't think everybody, uh, everybody that has a platform.
Maybe, maybe things like that. I don't know. I don't know. I don't have a platform yet, but that's what we're working on with cannabis daily in order to push cannabis through right. Cannabis daily is going to be the deciding factor for federal legalization. Absolutely. That was an absolute joke. Um, anyways, you got one more, man.
Right? I got one more, some good news for Malaysia. Some international news let's end it off here. Uh, so you can get the full story here on benzinga.com/cannabis. I'm me give you a little teaser, Elliot, you know, so medical cannabis in Malaysia, importation and consumption. Is now allowed, uh, Malaysian health minister, Kyrie Gemo Loudin, uh, reported that ju Southeast Asian country will allow the importation and use of cannabis.
For medical medicinal purposes. A prescription will be required to purchase medical marijuana. Prescriptions may only be issued by a registered physician or. Uh, as Bloomberg reported as well. So a good news for Malaysia. It's, it's great to see, uh, you know, cannabis coming in a more regulated sense, uh, to those countries, um, east island countries.
Yeah, yeah. Southeast, right? Yep. That's awesome, man. I mean, this is huge. Asia is long considered just such a massive opportunity for this industry, but very few companies are taking. Um, the, the step toward it, I will say maybe like NPX out of Canada, maybe audacious brands out of the U S or two that I can think of publicly off the top of my head.
But, um, Asia is, is that going to be a tough market overall, but any inches that are moved there? Um, so keep an eye on these international companies as well. You know, I know Tilray is focused on Europe. Um, inner cure is probably focused more on Canada, Israel, and probably some European activations as well.
Obviously if you're a Latin American companies, but, um, Uh, Southeast Asia could bring a whole new aspect of this ball game. So, uh, that's very cool, man. Awesome. Aaron preciate you man. Always good to get you on. Sounds like you're fighting a little cold or allergies or something. So just a little bit, just a little bit, but we'll where are we going to bounce back?
Come back, even stronger. My man, my man. Get that. C double dose today. All right, y'all appreciate you paying it. Beta dungeon for 20 minutes. I think this might take the cake for our longest episode yet, but I blame earnings. It is not our fault. It is the fact that you all decide to have all these people report earnings at the same time.
Um, no, but really this is a blast. Please review as rate us on any podcasting network. Um, you can give us one star or five. Obviously we prefer five. Um, but you know, in anything. Making us known as, uh, one of the ways to start your morning for cannabis news. Thanks all we look forward to doing this again Monday.
Have a great weekend. Thanks everyone.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Today On Cannabis Daily, host Elliot Lane continues to go through Earnings and some Cannabis Legislative news.
Cannabis Tweet Storm about Republican Bill
Oregon, reopening the approval process for recreational business license
New Jersey will accept recreational marijuana licenses beginning next month.
Charlottes Web Holdings(OTCQX:CWBHF)
Verano Holdings(OTCQX:VRNOF)
Acreage Holdings Inc (OTCMKTS: ACRHF)
Aleafia Health(OTCQX:ALEAF)
Cresco Labs(OTCQX:CRLBF)NOVC
Green Thumb Industries (OTCQX:GTBIF)
GrowGeneration(NASDAQ:GRWG)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Good morning investors. This is Elliot lane with cannabis daily here with Benzinga and producer Aaron Thomas. We are, uh, 36 hours from the weekend or something like that. I don't know who knows, but tomorrow's Friday. So let's all have a great day. Get through it. Tons of news. We went through a ton of earnings yesterday.
Ton more to go through today, but have some interesting news coupling that as well. First things first, if you are on Twitter and follow anybody in cannabis, I'm sure you saw the tweet storm, uh, around the freshmen, Republican, Congresswoman, uh, entering the bill and filing the bill, uh, for. The vote. Uh, so common sense legislation from Brady cob, uh, or giving the number from Brady COVID I should say.
Um, but it's an exciting time if this goes through, uh, it could mean a lot for the industry, uh, and it would be interesting on the political side, given that at us, from the Republicans, uh, in this bill hit in one fashion or another has gone through Democrats time and time again. And before that Republicans.
So who knows if this gets all the way through. Uh, at the moment, but it is interesting to see the tides change a little bit to the Republican side for this. So let's keep it moving here. Charlotte's web that CWB HF. Haven't talked about them a lot, uh, in the last month, month and a half. Uh, but they did release a new CBG CBN oral sprayed product, uh, to relieve stress.
It is THC free, does contain CBD, uh, based off of the full hemp spectrum there. So. Uh, I like this. I think you're, you see a lot of CBD companies right now, uh, taking advantage of, of these cannabidiols, uh, obviously, you know, marijuana is much harder to do. Uh, release new product straightens like this, but the CBD companies are taking a step ahead and I think expanding their portfolio right now is very smart.
Uh, keeping it moving Oregon, reopening the approval process for recreational business license. Having been on pause for more than three years. Uh, I would say this does nothing but hurt small, the smaller growers right now, uh, by, by offering more opportunity there, obviously the more opportunity, the better in this industry, but Oregon has a plethora of opportunity.
Uh, New Jersey will accept recreational marijuana licenses beginning next month. That is super exciting. Uh, they obviously, uh, just started this process with companies like Eaton, uh, terrorists and, and several others. Uh, getting some of those licenses already. Diving into Verano. VRN oaf enters the Connecticut market via an acquisition.
Uh, all right. So now I raced through that news. Let's dive into some earnings. Let's start with acreage. I thought Anchorage's earnings were strong, strong. This quarter. Uh, revenue is up 52% year over year up 9% sequentially to 48.2 million. Their net loss that was attributable to acreage as it stands today was 12.3 million compared to 40.5 million, same time last year.
And I love that the decrease in the loss there, I would imagine, uh, a lot, there's a lot more loss that they took that they didn't report in that statement from the divested assets this past quarter. Uh, but with that, I think. You can look at this statement and see, this is a step in the right direction for this company.
Uh, so again, this is acreage holdings, ACR, H F on the OTC, Alafia a L E a F 9.6 million in net revenue, their Canadian licensed producer, adult use revenue up 2040 4% year over year. It makes me think they made about $10 on adult use revenue in Q3 2020. But that being said, I mean, obviously moving in the right direction.
Um, their medical revenues, medical cannabis revenues are up 31% year over year. Uh, they are top 10 in Canada in pre-rolls edibles and oils categories. So Alafia, I really liked their management. I really liked their aggressiveness this past year, and I really liked. Their commitment to their vision and their shareholders.
They do not dilute their assets. Uh, I really like how they've structured their company. Uh, and I I'm honestly rooting for them. I'm not invested in them personally, but they're definitely Cresco labs, CRL, BF revenue of 215 and a half million. 2.6% quarter over quarter and 40.6% year over year. Uh, their wholesale business is widely considered the best in the game in the U S cannabis space.
Uh, the revenues, there were 109.3 million and. They had a record for the company and retail revenue of 106.2 million from 37 stores. They also open new stores during Q3 that I do not believe a re revenue has come from those quite yet. Q4 expected revenue to be between 235 and 245 million. So, uh, looking to minimally increase by 20 million in the next quarter.
TSX listed Nova cannabis. That's in OVC on the TSX sales up 30 sales of 38.7 million are up 142% year over year and 30% quarter over quarter. They opened 11 new stores. That is an average of one week in quarter three, four, and now a total of 71 stores. The majority of which are in Ontario. I like Nova cannabis.
They're not quite, uh, available to the majority of us investors, but if you think of companies like high tide, that's NASDAQ listed hit, I, if you think of companies like fire and flower FFL, w. If, um, if I, I hope I got that right. Uh, but fire and flower, Nova cannabis, I think is the next, um, big competitor to them.
Uh, and I really like how they have really been fighting for market share recently, green thumb industry GTB, I F 234 million in revenues in Q3 up 5% quarter over quarter and 48% year over year, widely considered to be a very strong quarter for Ben and team over there. So. Uh, keeping it rolling for them.
Not much else to say there. Grogan, G R w G 116 million in. Down 8% quarter over quarter, but still leading the charge in, um, the number itself I should say. So , that's I on the NASDAQ and urban grow, you grow UGR on the NASDAQ, uh, both having very strong quarters and that we talked about yesterday, but their revenues are nowhere near that of grow generations.
And while the other two are trending in a very positive direction right now, Grogan still is the market leader. All things considered, unless you want to bring somebody like Hawthorne into it. But, uh, I still think that's a strong number, but we do need to keep an eye on them for the next quarter. See how they're trending.
Uh, it looks like they're preparing for a week or Q4. So I don't like the sound of that. All right. Again, y'all taking a breath. Now another major day of earnings. We will have more coming your way over the next week a week plus. So keep an eye on cannabis daily. Uh, please like, uh, the podcast, download us, rate us.
If you hate me, leave a star review. If you love me, leave five stars and a Y either way. Uh, we'd love to get your opinion and how we can keep this podcast rolling for you guys and make it valuable for you. This is Elliot lane. Thanks to Aaron Thomas and Benzinga. We will see one more time this week, tomorrow.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Today On Cannabis Daily, host Elliot Lane goes over Earnings, which companies fell short and which excelled.
- Curaleaf Holdings (OTCQX:CURLF)
- Agrify (NASDAQ:AGFY)
- Goodness Growth Holdings (OTCQX:GDNSF)
- Aurora Cannabis (NASDAQ:ACB)
- MedMen Enterprises (OTCQX:MMNFF)
- Urban-gro (NASDAQ:UGRO)
- Village Farms Intl (NASDAQ:VFF)
- Cronos Group (NASDAQ:CRON)
- TerrAscend (OTCQX:TRSSF)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Good morning, investors. Hope you guys are having a wonderful week. Apologies for missing cannabis. Daily. Yesterday, we were hosting our seventh annual global FinTech awards. If you missed it, go back and see which brokerages, which trade techs, uh, took home the awards, but we're back to it today. And I'm going to go for a Guinness world book of records for the most earnings releases in the shortest amount of time.
So that is my goal today. Uh, listen up. There are some big names that have come out so far. This. Uh, that I think are worth mentioning. So let's go ahead and dive right in with a couple other bits of news to follow as always thanks to Benzinger and Aaron Thomas for making this happen. Y'all all right.
Earnings Cura leaf. We'll start big, go bigger, go home, right. And clearly see you RLF revenue. 30 317 million in Q3, 2021. That is up 2% sequentially quarter over quarter and 74% year over year. Not a whole lot of other news to really touch on. They opened a few dispensary's did make the acquisition of Trek that we covered before as well as Los Suenos farms.
So, uh, those acquisitions are covered outside of that. A really big number. So clearly continuing to lead the space, uh, in that regard AgriFood, HGF why really considered recently to be the darling anciliary company of the space revenue up 460% year over year up three or up 33% quarter over quarter. It's a 15.8 million, uh, this past quarter with a backlog of business.
That is now up to over 117 million, I think over 30 million of that was added just last quarter. And they're expecting to replicate that addition in this next quarter. So AgriFood is not slowing down. At all. Uh, I do not see this company. I'm going backward, at least within the next three months. Goodness growth, GD NSF, formerly Vireo health revenue increased 28% year over year, uh, excluding their divested assets in the quarter.
So they did divest some assets, uh, or a subsidy. Uh, if you include those, um, assets, they really only increased 7%, uh, however, uh, or sorry. Yeah, 7% if you exclude those assets. So the numbers moving forward are a little bit less inflated. Then I think their press release would show. Um, but overall their numbers were apparently negatively affected by Arizona monsoon like weather.
Uh, their total revenue was 13.8 million. So this is what I'm going to keep an eye on. I find this to be an overly negative press release, but normally you don't hear about the weather, uh, and in a press release. However, they are, uh, agricultural and outdoor in the, in the Arizona market. So, uh, we'll keep an eye on.
You're Aurora cannabis. That's ACB Q1, a fiscal year 2022. There are medical cannabis revenue is at 23% year over year to 41 million. Their recreational cannabis revenue is down 44% year over year to 19.1 million last quarter. It was 19.5 million. So. Overall, we knew they were going to transition to a more medically dominant revenue driving company.
Uh, especially in the international markets, Europe, they are expanding aggressively there in the Netherlands, uh, so on, so forth, but, uh, ACB. It's not, um, surprising that their overall revenue is somewhat down due to their recreational, uh, lack of recreational revenue. But I do want to see the medical cannabis side really take off, uh, otherwise, uh, you know, what's the point?
So ACB another one that is always under the spotlight, uh, Madman we'll touch on them. Briefly. MMN F F Q1 fiscal year 2022 revenue increased 13.4% year over year to just under 40. And worth mentioning, uh, decreased margins due to more promotional activities. So they are getting out there a little bit more, uh, is what I take from that, which I like, I think they need to put their names back out there as one of the OGs in the space.
Uh, they do have a net loss of over 55 million. So, uh, that number I'd like to see. Uh, next next quarter, of course you grow that's urban grow, UGR grow record Q3 revenue up 119% year over year to 18.3 million, uh, worth noting organic growth accounted for 106% of that. 119% growth. Uh, so no. 40 and a half million in cash on hand, and they raised their yearly guidance over 60 million.
So it kill or earnings for urban growth. UGR on the NASDAQ Cronos group, uh, delays their filing due to impairment charge for us CBD operations. There are some rumors going around that they were about to get fully acquired by. Um, not the case, I would say, uh, we'll come back to them. I think more in the coming days, village farms, that's VFS on the NASDAQ, completed their acquisition of balanced health botanicals.
This past quarter, their combined company, cannabis sales are over 31. Making about 43% of village farms, total company sales, pure sun farms is the top selling dried flower brand and Ontario, Alberta, and British Columbia. And that specific brands revenue increased 53% year over year, 13% quarter over quarter to 27.4 million us last one, holy moly, five and a half minutes.
And that's a lot of earnings at five and a half minutes. Somebody sent me a. Um, we have, I ant this IDH U F revenue up 21% year over year down, 9% quarter over quarter. It's a 49.3 million. Their net loss is 15 million, which is actually 10 million less than their net loss was this time last year. So I liked seeing that.
I think I, and this has been on the right path. Uh, the quarter over quarter is interesting to me, the decrease there. Uh, once again, I think I'd like to not see that trend. All right. Y'all come on. Todd ton of, uh, earnings, I think for me, AgriFood and urban growth, take the cake purely for main steady goodness growth, Aurora.
Um, and uh, I ant this I'm keeping an eye on. Uh, there is a lot more earnings to come, but really quickly to touch on a few others tilt holdings, T L LTF expands their partnership with Aero brands to manufacture and distribute more inhalation products in Massachusetts terrorists in TRS RSSF looks to expedite the acquisition of gage cannabis.
That's G AEG F with an amendment to their acquisition. Uh, they implore voters or shareholders to vote on that. Legislatively Seth Rogen and Sarah Silverman pushing senators for legalization. Uh, there was a bit of a click baity headline saying the Biden administration continued to deny public housing.
If you do see that floating around, read the article, that's not really what it is. Um, can they, the federal law continues to be the. Um, deciding factor for public housing. Um, and right now the federal law is what it is. I think you can blame the Biden ministration, if you want for not acting quicker on legalizing cannabis.
That is totally fair. Um, but when it comes to denying public housing, that's not something that's actively happening. That being said, um, obviously they need to change the stupid rule, uh, and, and let marijuana, uh, occur, especially in legal state markets. Oh, all right. Y'all Elliot lane, cannabis daily. I'm out of breath.
I needed some water. Hope you enjoyed it. I will look forward to doing this the rest of the week. No more events this week. So you will hear from me on time. Moving forward. Talk to you tomorrow.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
BENZINGA GLOBAL FINTECH AWARDSRegister Here Now for November 9 2021
Welcome to Cannabis Daily - Yor daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Exciting Cannabis Investing Week!
JP Morgan rescinding news on cannabis stock restriction?
Republican bill treat marijuana as alcohol?
Safe banking to pass by 2022?
- AdvisorShares Trust AdvisorShares Pure US Cannabis ETF (ARCA:MSOS)
- Curaleaf Holdings(OTCQX:CURLF)
- Cresco Labs(OTCQX:CRLBF)
- Aurora Cannabis(NASDAQ:ACB)
- Agrify(NASDAQ:AGFY)
- Canopy Growth(NASDAQ:CGC
- Heritage Cannabis Holding(OTCQX:HERTF)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Yeah, how's it going? Happy Monday. This is Elliot lane with cannabis daily. Thanks to Benzinga and Aaron Thomas for helping set this bad boy up. Hope you all had a great weekend on are ready for an exciting week in cannabis trading and investing, I should say, uh, let's dive right in ton of things to chat about today.
Uh, let's start with, uh, BTIG analyst. Uh, Camilla lion says JP Morgan, maybe rescinding their news last week after catching investors off guard, that would be absolutely huge. Uh, it was a catalyst for some selling, uh, from kind of the gyms of the industry, like GTB IVF, uh, but outside of that, this season, Like it may be reversed according to BTIG.
So keep an eye on that. I don't think something to trade on at the moment, but definitely something that to keep an eye on M S O S that is an ETF buy advisor shares. Uh, focus on USMS owes saw a pretty massive boost in volume in the last hour of trading on. Thought to be caused by the news of a Republican bill, which we will touch on momentarily.
Uh, but that is, uh, not slowing down. If you take a look at MSOE today, the, the act, the act action in the stock right now is, is pretty green, not a lot of red at the moment. So, uh, keep an eye on that. I think honestly, it may be something to get involved in, but, you know, do your own research, uh, check. Uh, that stock today, Ms.
S um, all right, let's keep it going to the Republican bill. So this to me is the news of the weekend, what everybody was talking about on Twitter and, and vice versa. But, uh, Republican freshmen lawmaker, uh, came out with. Uh, a new bill that honestly does a lot of things that a democratic bill would, uh, if they would ever do anything about it, but this bill would federally the schedule, uh, and treat marijuana in the same manner as.
It would be a 3.7% excise tax to be imposed on cannabis sales. It would be, um, uh, overseen by the treasury departments, alcohol and tobacco tax and trade bureau. Uh, it would, uh, provide people with certain federal cannabis convictions that were non-violent. Eligible for expungement, uh, to prevent youth use, they would be mandatory 21 age limit for recreational cannabis.
Uh, federal agencies could continue to drug test for marijuana, which is kind of the one major negative I see here, um, which is a little weird to me. Um, but it would also stipulate that veterans can't face discrimination in federal hiring, due to cannabis use, uh, so on and so forth, you know, quite a bit more to the bill as well, but overall.
I think a very positive built, uh, and what should have been an easy one. For Democrats, uh, was pretty much handed to Republicans, uh, in this manner. Uh, and, uh, I think the Republicans politically are trying to take control of the narrative before midterms, but that being said, if they get something done, the cannabis industry doesn't really care, uh, who it's done by.
So this is this, uh, I think spurned the massive movement in MSOX and might continue into this morning. And today. Uh, so please do keep an eye on that. A conversation with representative Perlmutter by MJ biz a says he's confident, safe banking will pass by 2022 at the latest. So another bit of legislative news there.
I would say if the Republican bill has any chance of passing, so to save. Surely see you RLF to buy Tri-C companies. T R Y K E for 286 million. They are a private Ms. Vertically integrated MSO. So clearly if we'll add cultivation processing and retail assets in Nevada, Arizona, and Utah, uh, first look to me, this seems like a large price point for what they're getting asset-wise, but Tri-C is a very successful.
Margin company. Uh, and they're, they're looking at bringing in 110 million in 2021. So overall I think this adds up, uh, in Nevada, Arizona and Utah are all emerging, uh, states in the cannabis space, in the U S so, uh, overall I think this will probably be looked at positively from the. Uh, and it just expands an already pretty massive footprint for Cura leaf, Aurora cannabis ACB, looking to establish a footprint in the Netherlands as it takes a majority stake in one of 10 successful cannabis production, licensed applicants that is rotary B V.
Um, they are, I believe the second one we've reported on here, uh, with the first being village farms that could be incorrect about the Northern European country. Uh, another major Canadian stock diving into that footprint of the world. Agrifoods HGF Y adds new partner in Massachusetts with Keefe USA.
recently named one of, if not the leading anciliary stock in the space to me. Um, trophy, if you will, was held by a Corona, uh, has been held by grow generation. Uh, it's been held by many, but looks to be the fastest growing. And I think that's due to a lot of their M and a, I think we touched on last week, but precision extraction, uh, and a few others there.
So, uh, exciting times, especially if you're involved in that stuff. Pablo from Cantor Fitzgerald, we all know Pablo. Um, he remains neutral on canopy growth. That's NASDAQ listed CGC and lowers their price target to Canadian $16 30 cents. Um, he lowered everybody's price target last week. So I don't really read too much into that.
Um, but overall, it's something to keep an eye on heritage cannabis. That's OTC listed H E R T F announces a third consecutive quarter of record. Gross revenue company expects. Fourth quarter revenue to increase 20 to 25% above Q3. Uh, so they're obviously feeling strong at heritage cannabis. That's that's awesome.
Uh, they they've made some big moves recently and I, I like, uh, the news that's been coming out, I would say over the past six months. So definitely want to put it on your watch list. If nothing else, last one, Veridian can Capitol chart of the week. Uh, it brings out some multiples graphics, Canadian LPs, still leading the charge when it comes to trade multiples.
Uh, but I thought an interesting fact to mention here, tier two MSOC, uh, are having better multiples above tier one. So, uh, probably many reasons for that, but something just to point out right now, the growth of tier one MSO is obviously substantial compared to the other two categories. Um, so, and that's probably what we're seeing in SOS today.
So this is Elliot lane with cannabis daily. Hope. This was a great start to your week of cannabis investing in cannabis news. We're going to be doing this every day and we'll cap it off every week on Friday with a lovely segment from our producer, Aaron Thomas, uh, until tomorrow y'all have.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Yor daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Big Banks Vs. Cannabis: JPMorgan Reportedly Blocks Trading Of Some U.S. Marijuana Stocks
Episode Summary:
Average American spent $77.17 cents on average on cannabis over Halloween weekend and spent $63.99 on costumes and candy.
PAX labs donates $20,000 to continue the fight for cannabis accessibility for military veterans.
Michigan Governor Gretchen Whitmer signs bill ending medical marijuana license ban for people with past convictions.
Companies on our watchlist today:
AFC Gamma(NASDAQ:AFCG)
MJ Holdings(OTCQB:MJNE)
TerrAscend(OTCQX:TRSSF)
Green Organic Dutchman (OTCQX:TGODF)
NewLake Capital Partners(OTCQX:NLCP)
NewLake Capital Partners (OTCQX:NLCP)
Greenlane Hldgs(NASDAQ:GNLN)
Verano Holdings(OTCQX:VRNOF)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Good morning investors. It is feel good Friday. What is up? This is Elliot lane with Ben Zynga, as always on Fridays. We get to hear a little bit from producer Aaron Thomas, uh, pumped to get his insights on cannabis a little bit later in the episode. Uh, but we are here every week. For about five plus minutes, chatting through cannabis news, stock insights, movements, things of that nature, lots to get through today.
So let's go ahead and jump. Right in first off, advance flower capital that's a F C G on the NASDAQ released their Q3 earnings net income of 7.9 million in Q3 2021. Uh, they also. Closed their a hundred million dollar 5.7, 5% senior unsecured debt offering. They did a ton last quarter. So I suggest checking out that press release if you get a chance.
But AFCG, uh, was I think one of the first movers on the REIT side this year to it's a list of the NASDAQ and really just uplift in general. And I think they've had a strong year and Linton Obama's widely considered one of the leading executor. Uh, I think out there on the debt side. So, uh, throw some love to them, keep them on your watch list.
Uh, and let's keep going. M J holdings, M J N E is a Nevada based cannabis company set to move forward with plans to lock in a million dollar, a million dollar. Nope, a 1 million square foot indoor cultivation and processing facility. Uh, according to their press release, they want to be the largest cultivator of marijuana in the country.
Uh, this is a step toward that. Uh, M J holding is honestly, they've come on very strong recently and definitely on my watch list. Again, that's M J N E a current a report comes out, shows the average American spent $77 and 17 cents on average, on cannabis over Halloween weekend in the same timeframe, the average American spent $63 and 19.
On Halloween costumes and candy it's really, it has nothing to do with stocks. I just liked that fact, um, next up Needham releases note on terrorists in with a buy rating and a $11 price target. Maybe a little bit more bullish on the space than Pablo's Wantage over at Gander Fitzgerald right now, uh, who, uh, lowered price targets on what seems like me.
Uh, they, they lower price targets on Aaron Thomas. They lower price targets on. Uh, but Needham actually issues a buy rating here and they expect more M and a from terrorists. And, uh, as we move forward, canopy growth releases Q2 2022 earnings. Uh, of course they acquired wana brands, which we all know, uh, they launched whistle that's w H I S.
A new CBD vape line in partnership with circle K in the U S their net revenue did decrease 3% year over year. Uh, but they did maintain market leader position in flour, an increased market share in edibles and vapes across Canadian recreational markets. All all in all. I don't think this earnings is, uh, overly unexpected, uh, for canopy.
I still think there's some strong facts in there, but I ideally of course, being the emerging market that canopy cannabis is I don't want to see decreasing revenue. So let's continue to keep an eye on them. And ideally as they expand further into the U S and international. Uh, the, the decrease turns around to an increased gage growth announced as an uplift from OTC pink to OTC Q X under the same ticker of G a E G F a.
They also implore their shareholders to. For the acquisition with terrorists and, and to approve it, I think you all should definitely do that. And just my 2 cents, uh, T God T G O D F signs agreement with Acosta, Canada, providing them a designated Salesforce in key markets. I point this out because this is not something I see a lot.
Um, I maybe it's just not announced a lot. I don't know. But, um, Signing an agreement with a designated Salesforce. Uh, it could go either way for me. Uh, this, this could be a last hurrah of kind of a shot in the dark, uh, or it could be something that puts them back in contention for a leading. And LCP that's new, like capital partners provides nine months, $30 million loan to Pennsylvania based grower and processor of medical marijuana hero, diversified associates.
They are another leading REIT in the space green lane. That's NASDAQ listed G and L N launches a new accessory. Uh, it seems to be a. Uh, intense pipe Verano, V R N O F has a dispensary in Illinois. That is the first to receive approval and relocate. This has been Surrey has been operational since 2015 and was one of the original 55 licenses to be released.
That was a lot of news real quick. Y'all um, but we are, it has been a week of lots of news every day, uh, which is great for me, but you know, on Fridays we hear from my good friend, Aaron Thomas'. Producer 80, get over here. I said, Pablo's want, it's lowered your price target, but I'm raising it. What's up, man.
Uh, thank you for raising a target or thank you for a reason. Elliott. I appreciate that. And what's up zinger nation of feel good Friday. It is glad to be back at it. You know, I was happy to be back last week. Even better feel even better to be back this week. So let's get right into. So this an article from our very own Javier Hasad on benzinga.com.
Uh, really interesting. So ahead of veteran's day, uh, marijuana to honor our veterans in the U S and Canada PAX labs launches, veteran relief, era pod. So PAX labs is teaming up with brand partners across the nations to launch. Relief era pod in honor of veteran's day available in California, Oregon, uh, Massachusetts, Missouri.
Uh, Washington. Yep. A portion of proceeds from the pod will benefit weed for warriors. Additionally packs will be making a $20,000 donation to the organization as it continues to lead the fight for cannabis accessibility for military veterans. Very cool. Nice. What do you, what do you think? I, I love it. I mean, what can you not like about, um, you know, supporting veterans?
I think there's a lot of ways. Can. Yeah, the cannabis industry, I should say, can support veterans. And this is just one of them as medical marijuana, as a lot of studies underway and finished that say, you know, there is support here for PTSD or support here for depression. There, there there's a lot that marijuana can do.
Uh, as a, um, natural, I don't want to say drug but medicine, uh, for, you know, issues that veterans are, you know, Commonly we should say. So I love that. I think PAX labs is great and I think there's more, um, more, more veteran news out there across the industry. Um, but you know, keeping an eye on companies that work with veterans across the, across the year, you know, that, that's what I like is ongoing, um, ongoing support for veterans.
I think, you know, the, these types of headlines are fantastic and I, I don't mean. Demean them in any way, but companies like pineapple, that's OTC listed P and P L they can, they support veterans efforts. Um, year-round um, so it's something to keep in mind, you know, as if, if, um, those who give back is important to you to invest in, uh, you know, do some research, but there are definitely those companies out there, but I do applaud packs, you know, not to take away from this.
Um, I think it's important. Yeah. Absolutely. And you're right. There's going to be a lot more news leading up to veteran's day, which is on the 11th of November. Um, and all these company initiatives and how they're supporting their veterans. Uh, I do agree. Uh, it's totally up to these companies, you know, it's not about.
Looking at and taking interest in the cause, because there's a dedicated day around it coming up. You should, you know, be a part of that initiative all throughout the year. And then, you know, people really see that you're serious and behind your message. Amen. I agree. Producer 80 mainly. Cause I said it.
What else? What else? My friend. So, you know, uh, moving along that same sentiment, uh, with veterans mental health, uh, Veterans have so a little bit more color veterans have been particularly hard hit by social isolation, anxiety, depression, and unique traumatic experiences. Four times as many veterans have died by suicide.
As in combat new solutions to mental health are more important than ever. This company is offering non-traditional approaches to manage. Green thumb. One of the leading cannabis companies in the United States will utilize the retail stores rise and essence as the vehicle for this partnership, along with the company's active employment of veterans and offering discounts for veterans a year round green thumb, chose to partner with happy in honor of veterans state to support the important mission of providing veterans access to mental health.
Nice. I love that. Yeah. This is exactly what I'm talking about. And I think if Ben and team over there GTI are, um, wanting to continue to support veterans, this is going to be an active, um, activation for them. Um, I love that and I think that's exactly what I mean, you know, discounts for veteran year-round.
Um, and I had something else I was going to say, but regardless, um, you know, props to GTI. I think leading the way for tier one NSO is, and I think other tier one MSLs are probably going to jump on here soon, uh, and hopefully create more face, you know, outwardly facing programs for veterans. Totally. Nice.
Nice. All right. Let's uh, let's keep it going. Uh, some local Michigan news for you guys, cause, uh, I'm here in Michigan. So got it. Gosh, gotta represent. Our governor has been on a hot streak. The last two days, Michigan governor, she, uh, uh, she signed into a bill, the removal of the tampon tax, which is huge for, you know, the female gender, which of Michigan.
And I love that initiative. Um, Also Michigan governor Gretchen Whitmer signs, bill ending medical marijuana license ban for people with past convictions. The governor of Michigan on Thursday signed a bill that makes it so people with marijuana related felony or misdemeanor convictions on their record are no longer disqualified from obtaining a medical cannabis business license.
There's an, there's an exception for those who were convicted of distributing marijuana to them. Which makes sense. But overall, the legislation is meant to resolve a problem that advocates or the advocates have identified given that people of color are more likely to have been targets of marijuana criminalization in the past, the restrictions on participation in the industry were viewed as discriminatory.
It's great, man. I honestly like that the states are doing everything they freaking can to get past, um, Uh, you know, all the lack of action from the federal level. Awesome, awesome, awesome updates today, Aaron, my friend, it is always a pleasure doing this with you, everybody.
Uh, I think that's probably it for today. We've kept you long enough. Thank you all for tuning in. Let us know what you think cannabis are. benzinga.com. Other than that, we'll keep doing this every weekday, Aaron. I hope you have a stellar Friday. Thank you, Elliot. I hope you do as well. And you out there in zinger nation.
Be fantastic. Be fantastic. Yes, sir. All right. Y'all peace.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Big Banks Vs. Cannabis: JPMorgan Reportedly Blocks Trading Of Some U.S. Marijuana Stocks
Episode Summary:
Cantor Fitzgerald releases notes on several major cannabis companies:
This is the dip for the dip buying strategy.
Green Thumb Industries(OTCQX:GTBIF)
Cresco Labs(OTCQX:CRLBF)
Columbia Care(OTCQX:CCHWF)
Ayr Wellness(OTCQX:AYRWF)
Canopy Growth(NASDAQ:CGC)
Other public companies talked about in the podcast:
Australis Capital (OTCQB:AUSAF)
Red White & Bloom Brands(OTCQX:RWBYF)
MariMed(OTCQX:MRMD)
Tilray(NASDAQ:TLRY)
Lifeist Wellness(OTCQB:NXTTF)
Pharmagreen Biotech(OTCPK:PHBI)
Q3 Earnings:
Greenlane Hldgs (NASDAQ:GNLN)
Innovative Industrial(NYSE:IIPR)
22nd Century Group(NASDAQ:XXII)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Good morning investors. Happy Thursday. I hope you're having a great week in the markets. It's certainly been eventful for me.
Uh, but excited to bring you cannabis news and insights, every single weekday. Thanks to Aaron Thomas for always producing and Benzinger for letting us host let's dive right in first up Cantor Fitzgerald releases notes on several major cannabis companies, GTB that's green thumb industries. Uh, they keep overweight, but lower the price target to 38 Cresco labs that C R L B F also overweight and also lowering the price target, uh, this time.
Columbia care that CC HWF also overweight and also lowering the price target to $5 and 20 air wellness. That's Ayr, WF. They remain neutral and also lower the price target to 20 to 60 and canopy growth. The CGC on the NASDAQ remain neutral. And also lowers the price target to Canadian $18 and 50 cents.
So I don't think the lowering of any price target right now is, um, telling of any of these companies. I think it's more telling of the industry and trends of cannabis stocks, right? And whether you're using this time to trade or using this time to buy the dip, uh, that is your strategy, uh, in your choice.
Uh, but if you are a debt buying person, Uh, this is the dip. So make sure to do your research as always, but all five of these, I think are fantastic cannabis stocks to look at, along with companies like Cura leaf and others, audacious brands, a U S a F entered into a strategic partnership with Thailand based food manufacturer and distributor golden triangle.
This is the day old, but I thought worth mentioning Geth is an early mover in the CBD space in Thailand sets audacious up for further international expansion. Uh, interesting point to note here is audacious is focused on a capital light expansion strategy, uh, meaning they're not providing capital for construction or other working purposes or, or other items there.
I would imagine. And it takes a lot of the risk out of this expansion for them, but a less risk, less risk, less reward. Uh, one could say so, uh, interesting set up there and maybe they go into a capital, heavy expansion strategy from there, but remains to be seen red, white, and blue them RW BYF enters into phase two of Florida expansion.
Uh, there they install 30 group. Expecting each to bring an average of $1 million in revenue a year that's 30 million overall pods provide an extra 19, 19,200 square feet of grow space. Uh, there are edibles facility also. We'll be making milk white and dark chocolate with unique flavor profiles. So RWB.
Moving their, uh, their, their cultivation and their manufacturing along pretty quickly, uh, in Florida. It wasn't too long when they were looking at phase one mermaid MRMD wins, high times cultivation cup award for its nature's heritage brand and a Metro south award for best dispensary MRMD has a high sentiment in the space right now, in my opinion, at least for the last six months, a lot of, I would say.
Uh, experienced investors have, have been bullish on MRMD. So I think what Bob fireman is doing over there has been a massive turnaround over the last year, year and a half. And one definitely keep an eye on till rates. He all T L R Y uh, Tilray Sweetwater brand via collaboration with till res riff cannabis enters into spirits category with new vodka cocktail in a can in us.
I am a fan of the Sweetwater IPA. I am a fan of the Sweetwater Oasis. Uh, I will try vodka and a can. I will probably try it once, but a good for them for making cool new products, uh, expansion news here. Um, as far as I know, you know, there's not a lot of mainstream, uh, breweries doing this at the time. I'm probably wrong, but not that I'm aware of as, as an, as an average beer drinker will say, life has wellness.
That's Innex TTF on the OTC looking to increase margins as subsidiary can Mart labs begins commercialization of house brand royalty. That's spelled R O I L T Y under the cannabis 2.0 consumer focused direction. So life is to, again, coming out with more news, they have been very, very present. Um, and I love it.
I think what they're doing is, is a very visible turnaround. Um, and I think they've done a very good job and I've said it multiple times before, and I'll probably say it again. Uh, halo, collective HC and NF closes share purchase transaction of a conduct Corp. Uh, this is, uh, this establishes a strong self-funded medical cannabis presence in Africa, not a whole lot of companies, uh, at least that we're familiar with.
Uh, domestically and in north America have, uh, expanded in a strong way to Africa yet I would imagine that will change, but, um, a lot of market share to be had there right now and halo taking that step pharma green submits application to up list, uh, to OTC QB, and finally. Some Q3 earnings, green lane, that's NASDAQ listed G and L N releases preliminary data.
Their net sales will be over 40 million. Uh, that seems encouraging. I PR $53.9 million in revenue. That's a 57% increase year over year. And they paid a quarterly dividend of $1 and 50 cents per share to common stockholders as of September 30th. That is not news that we hear a lot in this space. And I IPR, uh, as per some is the best and, um, performing the best margins of the best multiples cannabis stock out there right now.
And of course they are a REIT. So keep that in mind, if you're interested in the ancillary side or in the investments. I PR is a fantastic entrant into that. Uh, in Q3, they had transactions with new tenants, such as calyx peak and gold flora. They expanded existing relationships with forefront holdings.
This. Goodness growth. Uh, I believe green peak looks like harvest health, holistic, um, and, um, Temescal wellness of Massachusetts. So overall, very present with a ton of well-known operators. Again, that's IPR 22nd century. That's ex ex. Year-to-date net sales of 23 million up 11% year over year up listed to NASDAQ last quarter.
So always big news and we'll start monetizing their hemp and cannabis lines and IP in Q4. This is Elliot lane with cannabis daily, tons of news. We'll have tons, more Q3 earnings as we move into the next week, week and a half. Um, but overall hope this helps you start your day every day. Looking forward to doing it one more time next week with my good buddy, Aaron Thomas, have a great Thursday.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Big Banks Vs. Cannabis: JPMorgan Reportedly Blocks Trading Of Some U.S. Marijuana Stocks
Episode Summary:
The JP Morgan Blow To Cannabis Stocks
European medical cannabis market is expected to reach 33. 2 billion by 2027
Illinois cannabis sales reach, 123.4 million up 64% year over.
Stocks covered on the podcast:
- Khiron Life Sciences(OTCQX:KHRNF)
- Flora Growth(NASDAQ:FLGC)
- Scotts Miracle Gro (NYSE:SMG)
- Aurora Cannabis(NASDAQ:ACB)
- Canopy Growth (NASDAQ:CGC)
- Sundial Growers(NASDAQ:SNDL)
- Tilray(NASDAQ:TLRY)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
What is up investors happy Wednesday. It is also hump day, but you know what? My hump days have been more Thursdays recently. So, uh, feeling some good energy today, a lot of news to cover. Let's dive right in. Again, this is Elliot lane with cannabis daily. Thanks to Benzinga and Erin Thomas for making this show happen every single day.
Let us know what you think. Um, all right. So news from yesterday, uh, that I'm sure most of you have heard, but JP Morgan will no longer permit tree. Of certain us cannabis stocks. This is a blow in my opinion, with the size of JP Morgan and their clout and, uh, in trading in general. Uh, but the bank will not allow new positions or short positions, but clients with existing positions will be able to liquidate them for companies not listed on NASDAQ, nicey or TSX.
So essentially OTC listed companies. Uh, this is a blow, especially with the trends of the industry over the past. Um, since February really it's been trending down, um, this, this isn't going to help anybody's case trying to raise their share price. So keep that in mind banks like JP Morgan bank of America, somewhat Merrill Lynch.
Um, you know, these banks are. Going to feel the wrath of this industry. I would imagine once federal legalization comes, but for now, they hold the power and this is an issue. All right, let's keep moving. Kyra and life sciences. That's K H R N F listed on the OTC, opens their first clinic in Europe. Cerenia clinics.
UK in London. Zirconia is a digital clinic with in-person appointments. With medical cannabis specialists, uh, makes around, I believe, 15 clinics globally for Kyra European sites. Already accounted for 30%, uh, of their sales for the company. So this should increase that. And I think a is a solid start to their footprint in the UK.
So nice, uh, nice news there for Alvara and team Verio health subsidiary of goodness growth is divesting a dispensary license in Phoenix, Arizona to copper state holdings, uh, per their press release. They're looking to focus more on wholesale bio-mass in the state. I don't like this news. If I'm going to be completely honest with you, um, you know, wholesale is a viable business.
It is very big for companies like Cresco labs. Um, I think perhaps tilt holdings could be thrown in there, but no wholesale is a definitely a viable business, but to divest a dispensary license, to focus more on wholesale doesn't. Uh, click with me, um, that being said, copper state holdings on the other side of this is a fan tastic single state operator.
And I love this for them. If they ever go home, uh, go public. Um, ideally they do. I will definitely be watching that. Uh, if not, um, looking to participate in that, um, let's keep moving to Nexia global announces the first shipment of cannabis extracts for inhalation from Israel to Germany. Per their, uh, news.
This is marking the first sale of this type of product in Europe, uh, which is exciting for that market. Continuing on the Europe train, though, a new report from market research future the European medical cannabis market is expected to reach 33. 2 billion by 20 27 33 0.2 billion by 2027. The reports specifically mentioned Aurora cannabis.
That's ACB canopy growth, CGC sundial, S N D L Tilray TLR Y and mountain valley MD holdings in the M D F on the OTC. So a lot of very solid companies mentioned there that are looking to purchase. And this should boast bode well for, uh, Tilray uh, being challenged or challenging itself to reach 4 billion in sales by then it was 20, 24.
Uh, and Pablo's it, uh, coming out and saying, prove it. Um, so, uh, I, I think this is a very, uh, bullish report for all of those stocks. Uh, also Aurora sticks out to me that has really put its focus on medical cannabis. Flora growth, FLDC signs, a definitive agreement to acquire vessel brands. Uh, this is a private and ciliary play, which offers luxury cannabis, consumer technology.
Uh, I point this out as FLDC has been very aggressive recently, I've really liked what they've been putting out. They had a negative report, um, for a short. Put out. I asked some, several months ago, um, about the Latin American market in general, calling them out. And I think they have really responded well in turn, uh, and, and done some really cool things since then adding to their portfolio, adding to their footprint, uh, and being first movers in a lot of sense.
So I really applaud. Uh, they are in the team, Illinois cannabis sales reach, 123.4 million up 64% year over year thinking of stocks like Jewishy like GTI and a few others that participate in that market. And the full year of Hawthorne sales increased 39% year over year, but down 2% quarter over quarter, that is of course a subsidiary of Scott's miracle grow a S M.
Ton of news today. Y'all earnings are about to, about to explode upon us. Uh, we are ready for them. Please keep tuning in. Um, but hopefully this helps every morning at 10:00 AM decide which cannabis stocks you're going to be looking at for the day. This is Elliot lane. Thanks to Aaron Thomas. And Benzinga, we'll see you again tomorrow.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Stocks covered on the podcast:
- Columbia Care (OTCQX:CCHWF)Delta 9 Cannabis (OTCQX:DLTNF)
- cbdMD (AMEX:YCBD)
- Allied (OTCQB:ALID)
- HEXO (NASDAQ:HEXO)
- Agrify (NASDAQ:AGFY)
- Unrivaled Brands (OTCQX:UNRV)
- VIVO Cannabis (OTCQX:VVCIF)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Ancillary Cannabis Stocks Drop 8% and Canadian stocks drop 9% overall in October.
REITs having a very strong second half of the year.
Public companies discussed in the podcast:
- (NASDAQ:ACB)
- (NASDAQ:HEXO)
- (NYSE:IIPR)
- (NASDAQ:AFCG)
- (NASDAQ:FORA)
- (OTCQX:TGODF)
- (OTCQX:ETRGF)
- (NASDAQ:TLRY)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Good morning investors happy Monday. I am about halfway through my needed coffee for the start of this week. We have a lot of news already coming out for the cannabis industry. This is Elliot lane, bringing you cannabis insights, stock movement, and news every week, day around 10:00 AM. As always thanks to Aaron Thomas and Benzinga for helping me put this on.
Let's dive in. All right. So a few, uh, stock performance notes for the month of October Canadian stocks drop 9% overall in October Aurora cannabis that's ACB on the NASDAQ was the best tier one performer at minus 6%. Best tier one performers is Aurora cannabis, minus 6% beating Tilray canopy and village farms.
The biggest gainer overall was oils. O I L S. That is Paul Peterson's company. Next leaf solutions. They're manufacturing. Uh, and I do believe they had a product come to light recently that has probably helped their bottom line. So solid work to that team. They work incredibly hard and have a very strong IP portfolio.
Next biggest gainers, there were. We just had a bit of a rough year, uh, but nice to see them. Um, pushing ahead here and flour F L w R uh, worst performers or Bev Cana. I M C C P U L L. And Hexo I think Hexo is still going to start trending up here soon. I have hope and faith. Uh, they are doing a lot of interesting things.
Keep an eye on them for a better November, hopefully. And ciliary stocks drop 8% in October biggest winners, IPR AFCG. And MLCP, if you don't recognize those tickers, those are all REITs. They're all real estate investment trusts in this industry. And they have all had very big months. New lake capital. The in LCP is a newer stock.
Uh AFCG is, is newer. All things considered as well. IPR has a maintenance. Uh, but those three are moving incredibly strong and it's funny to me, cause they're all chasing in a sense. They're not necessarily chasing because they are not succeeding, but Polaris equity group, a private REIT, uh, seems to be one of the leaders in that space.
So REITs having a very strong second half of the year, thus far biggest loser was green lane, G and L N surprising to me, uh, as they do have a strong merger in their back pocket with. Hydroponics companies grow generation AgriFood. urban grow. We're all losers, unfortunately for a F O R a. That is foreign, uh, is a data provider and data company, uh, on the precipice of gains.
They were the best of the losers. So overall anciliary stocks drop 8% on October Canadian stocks dropped 9% in October. Um, Uh, you know, uh, there's some highlights in there as well. T God F T G O D F um, acquiring galaxy brands, Corp expanding their product portfolio with Bates pre-rolls solventless products.
Uh, they also have an exclusive joint venture with a us edibles brand. Um, so overall I think a strong acquisition target for the green organic Dutchman here. Galaxy leadership also includes two former canopy growth exacts, uh, from a while back. Uh, having some strong, uh, canopy or cannabis, uh, experience come into play there as well.
Entourage, a cannabis company, formerly weed MD that's ETR, G F closes, acquisition of craft cultivator can TX that's C a N N T X life sciences, iMac, iMac life sciences. That officially becomes curely international in Europe. They are to my knowledge, the largest cannabis company in Europe, at least at the time.
Uh, manifest seven M in FSF, we're getting into a little earnings here. Reports Q3 20, 21 earnings revenue up 11% quarter over quarter to 4.2 million decently sparse earnings report. So I'm not sure there was a whole lot for them to jump on, but something to look at when they report Q4 and their overall year earnings, uh, here in a few.
Uh, Christina lake see LCFF, a nice big Q3 earnings report revenues up 495% quarter over quarter up to 1.29 million expenses decreased 10 and a half percent. Last earnings report of the day I are can listed on the CSC, a Y U R revenues up 1000. 149% year over year. It's incredible up to 7.6, 3 million, uh, last but not least, I think, worth mentioning, uh, Pablo's won it released a note on Cantor Fitzgerald, downgrading them to neutral with a price target of $11 80 cents down from $18.
Arguing that canopy growth Corp is ahead of. In building a U S ecosystem, which is not surprising until Ray has not prioritized it and has, has been vocal about not prioritizing. But canopy growth also has a stronger balance sheet, uh, with a supportive constellation brands and a stronger CPG unit and CPG presence.
That one is surprising to me says Tilray will need major M and a to achieve long-term sales goals of, I believe it was 4 billion overall, not as super positive. I think from Pablo until right. TLR. Why that being said he is not trashing them in any way, shape or form. He's basically saying, prove it to me, show me what you got and let's see if you can match the hype that Tilray has generated this year.
Um, overall I think a strong day of news, a lot of Canadian discussions being had right now, uh, of course Tilray CGC. Um, I think getting a little shout out there from Paula. Um, but this is Elliot lane cannabis daily. I hope you guys got some out of this. We'll do this again every day, this week. Uh, let us know what you think.
Let us know what you want to hear cannabis. Our benzinga.com. We will talk to you tomorrow morning.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
Episode Summary:
Q4 Earnings show huge growth in cannabis sales.
Federal survey, identifies decline in youth marijuana use, ages 12 to 17 specifically.
State attorneys General warn parents of cannabis edibles that look like snacks and candy ahead of Halloween.
New York residents need not fear losing their jobs due to recreational marijuana use anymore.
- HEXO(NASDAQ:HEXO)
- Halo Collective(OTCQB:HCAND)
- Lifeist Wellness(OTCQB:NXTTF)
- SOL Global Investments(OTCPK:SOLCF)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.com
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Access All The Cannabis Daily Episodes Here
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
T G I F friends. What is up? It is Friday. Hope you all have a, had a very successful week trading. I'm not going to lie. Some of my tech stocks have been wonderful to me this week. That being said, cannabis stocks, as it goes with the industry so far since February, not looking too pretty, but I think there's some interesting news for us to cover.
So is Elliot lane with cannabis daily as always bringing you cannabis insights, news, and stock picks for your day ahead. And as always on Friday, Aaron Thomas is going to pop in with some cool tidbits on just cannabis culture in general. So let's dive right in on this fine Friday morning. Hexo H E X O on the NASDAQ with a strong Q4 earnings report.
They have been on the bottom side of the bottom side. When it comes to trends in this industry, they are an OG. Licensed producer in Canada. Um, their net sales grow 71% quarter over quarter and 43% year over year. This is Hexo is best quarter of sales to date net revenue increased to 38.7 million from 22.6 million in Q3.
Their net revenue is up 53% from the financial year 2020. Uh, to 123 and a half million of this financial year, and they also completed these xenopus acquisition. Overall, this might be the best news I've seen out of Hexo with the exception of their sustainability efforts, uh, this year. Uh, honestly, I I'm thrilled for them.
I hope they get a nice bump in their, uh, price, their share price today. Cause I, I think it's earned after this report. It's a lot of international sales driving. This. Keep that in mind, Canadian sales are still what they are. Um, but Hexo is doing what they can to stay ahead of the trends of this industry.
Halo collective H C a N D hires, new SVP of retail with major tech background, apple, Microsoft, Comcast, and their retail departments. And they rebrand their California. Dispensary's to bodega T M. So halo, collective, I believe, wants to launch 10 of these in California with the first one opening in late December, goodness growth, their subsidiary Verio health, which was what they formerly were.
Launches whole flower in the New York market, uh, for medical patients at the moment, life has wellness. That's in STT F boasts 12% year over year growth to 7.1 million overall 34% growth in their cannabis divisions, their gross profit doubled year over year. I love this news for them when they were Nama.
Stay again. I've said this before. Not looking too great at the end there. And then they rebranded and I've really loved the news. That's come out since then. Seoul global. This is painless at S O L C F nine month period, ending August 31st reported a net income of 210 and a half million. Uh, over the same timeframe.
The previous year was 47.9 million. A huge. Huge growth over that nine months from your over year, that being said three month period ending at the same time was a loss of 62 and a half million. This year. The previous year was a game of 43.7 million bit confusing. So. Uh, their most recent quarter that they can report on is decently unsuccessful.
That being said, it has been a much more successful year for them so far than 2020. Uh, so something to keep an eye on their soul global is a long standing, I would say holdings company, investment firm in this industry. So, um, I respect what they do. I, I. Um, you know, kind of following them and Brady and them.
Uh, but overall, I don't know how to feel about this news, so it kind of a watch list or for me there. All right. So that's it for me, let's bring on the actual celebrity of cannabis daily producer, a T come on over button. Elliot you are too nice to me. I swear. No, man, you keep me going. You keep this alive.
What do you got for us today, man? It's been what, three weeks since we had the flooding. Yeah, it's been a while. And what's up canopy hips. It's definitely been a while and you know, it's great to be back. It's been a busy three weeks. We've had the Benzinga cannabis capital conference followed by MJ biz con.
Lot of great content, a lot of great networking, a lot of great presentations and a lot of great companies. So it was just a whole lot of fun and a lot of go, go, go, but just glad to be back. Amen to that. My friend couldn't have done it without air and either all that content available on YouTube and.com/cannabis, just saying exactly.
Exactly. Listen to Elliot. He's the man with the plan. All right, let's get right into it. You know, this is why you guys are here. Some Canada. Cultural news first. Federal survey, identify as mark. That marked decline in youth marijuana use, uh, data provided by the substance abuse, mental health services administration.
That is a mouthful, most recent national survey on drug use and health finds that marijuana. Fell significantly year over year among those ages, 12 to 17 specifically reports the past year marijuana use amongst amongst teens fell 13.2% in 2019 to 10.1% in 2020. Wow. So I mean, wow. That is quite the decline there.
Yeah. Well, I mean, not to interrupt you, dude. No, no. I was just about to ask you, what do you think has been attributing to this? Well, I mean, when you don't have black market or gray market sales, obviously you limit the unregulated sales and licensed holders right now are not going to risk selling to under-aged consumers.
Right. So, uh, I think that's one thing, but I think it's also interesting to mention. Um, you know, politicians such as governor Gavin, Gavin Newsom in California, will not advertise on billboards to protect our use. And you know, it's this law, this lagging thought that marijuana is a gateway drug. And it's this, this study basically says no to all of that.
Like, you know, it's. Um, there's more of a use to this. There's more of a purpose to cannabis now than there was before. Uh, and this is this study I think is super interesting. And honestly it takes the wind out of the sails for some politicians, like, um, the democratic governor in California and the Republican governor in south, South Dakota, you know, both kind of utilizing.
The youth pretense, uh, to protect their youth. Uh, it's just interesting to me, but I mean, good bit of news. Yeah. I totally agree with you. And I, I also want to add, I think that there's just been a lot more education around it and so people know, you know, what is safe and how they, how they best can experience the product and how to keep it away from those that aren't ready for it.
So definitely a great, great a step forward for the next. Amen brother. What, uh, what else? So let's keep it going. Uh, so we have Halloween right around the corner. It is this weekend. So just a quick heads up the state attorneys, general warn of cannabis, edibles that look like snacks and candy ahead of Halloween.
So like they look like that. So I look, yeah, it looks like, uh, people are. Pudding edibles that look like candy into, you know, these kids' little bags. Oh yeah. That is so rude. Oh, the attorney general attorneys general and several states issued warnings this week about cannabis products that look like normal snacks and candy.
The warning comes amid a national trend of children accidentally consuming them. And just days before Halloween, my dog on the ground right now. Yeah. It, it, I mean, it's, it's, it's crazy. Like just, just the thought that you would give a small child, um, you know, any cannabis at all. It's just not the smartest thing.
You see, there's still some parts of this industry where we just, Lord, we are still, um, still a, still a bit of ways away, uh, with people in this industry, making it difficult for those in the legal side to do anything because news like this just, it holds everybody back. And those that are against the cannabis industry can point to things like this.
I mean, obviously it's illegal. If they're making it look like candy, you know, if it was real, they get sued out the wazoo. You know, I mean, w what are you doing, giving this to a five-year-old like, what pleasure do you get out of that? And just knowing that they're going to get high. Exactly. And just another note, make sure to lock up all your cannabis products, especially if you have small children around you, uh, you know, make sure it's, you know, locked away, put away, uh, not accessible by anyone, but you or someone of a.
So just a, just a quick disclaimer, that my friend, I believe you have one more for us, right? I do have one more. And this is a, this is some good news for the state of New York. Uh, New York becomes the first state to prohibit employers from testing. Most employees for cannabis. So random. Yeah. So New York residents need not fear losing their jobs due to recreational marijuana use anymore.
The New York department of labor confirmed that employers are now prohibited from testing their employees for the presence of cannabis. While employers are still allowed to penalize workers for being impaired on the job, the threshold to proving impairment has significantly been raised such as like the odor of weed is now not sufficient, uh, is not sufficient.
To, you know, raise questions or drugs. Interesting. Well, I'm in good for New York. I mean, it's the same as you know, I, I drink a lot of nights, you know, or like a beer and I don't get tested for that before I come to work, I've been saying it. So it's like, if I'm, you know, smoking a joint one night, why should I get tested?
But if I come to work and pair, it makes sense. Y'all be smart about it. You can't just be high all the time. Um, honestly good for New York way to set that standard. I bet a lot of markets that are already legalized will follow very quickly. Awesome Aaron. Good news today, man. That was a nice wrap-up. Thank you.
Thank you. I appreciate it. It's just, you know, it felt great being back. So I just, you know, we had to go, we had just had to come that hard. Ah, amen. My friend. Amen. We're going to do this again next week. It has been a full week of cannabis daily y'all thanks for tuning in and listening. Aaron, thanks to you as always in a Benzing a for letting us do this every morning.
Looking forward to doing it again on Monday, we will see you all.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Click here to watch GLOBAL SHOWCASE FOR SMALL CAP INVESTING LIVE
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Episode Summary:
New Jersey.Governor says he is open to legalizing home grows.
Is The Worst Over For HEXO Stock? This Analyst Explains What To Expect From Q4 Earnings
- AGFY
- EMHTF
- HBORF
- HEXO
- ACB
- VLCNF
- ACRHF
- TLLTF
- GNRS
- TCNNF
- VRNOF
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
My friends, it feels fantastic to be back for almost a full week of this. Again, those two weeks we were gone in New York and then Los Vegas, respectively. Uh, I missed you guys. I miss doing this. So I'm really pumped to be on day four of, uh, of another podcast here. And we're gonna get producer 80 tomorrow on his cultural news.
So you better be preparing yourself there, Aaron, uh, but as always, uh, thanks to Benzinga. Thanks to Erin. Uh, getting us into this every morning for you guys. Some cannabis news and stock picks. My name is Elliot lane. Let's dive in. First off, we have Agrifoods HGF Y begins a presence in the Arizona market, uh, with olive El Mirage.
Um, I'm not gonna lie. I have not heard of this company that they begin their presence with an interesting to me that a hydroponics company. Um, you know, concerned about announcing a presence in a state, but I will say, uh, I I'm open to it and it's going to be interesting to see what other Arizona growers, Arizona cultivators they might be able to get in with, because I know Arizona is.
Half greenhouse, half outdoors. So, uh, I'm interested here. Emerald health therapeutics, E M H T F announces its partnership with flower pod. A strategic licensing agreement has completed product development of a vaporizer puck will be available in all us states with the option to expand globally Emerald health therapeutics specifically.
Cause there are sister companies to Emerald health therapeutics like Emerald pharmaceuticals and sky bios. But EMH TF has been relatively quiet. Uh, they were one of the OGs in the Canadian market. Uh, very well thought of, for a very long time. Um, hit a bump in the road will say, and I don't think it was one ma one specific bump, but, uh, they they've really been pretty quiet.
They participated in a cannabis event with. Earlier this year, but outside of that, there hasn't been a whole lot to report on. So it's nice to see them come out with some news and with the option to enter the U S market to meet EMH TF. Hopefully this is the spark that starts a fire for them. New Jersey.
Governor says he is open to legalizing home grows. Always good news there. Our good friend, Scott griper and team over at Veridian capital advisors, initiate coverage on Harbor side that's H B O R F on the OTC. They start with a buy rating and a dollar 15 price target. I believe they're around 70 cents.
Right? They logged the efforts of new management over the last year to turn Harborside into a profitable company, with a tightened up balance sheet, having made some pretty, um, respectable M and a, uh, moves as well. Pablo's won. It gives a. Maybe I'm not going to say bullish, but a positive report on what to expect from Q4 earnings for Hexo H E X O on the NASDAQ.
Uh, check that article out on benzinga.com/cannabis. I think you're going to get more from that than listening to me, chat about it, but, um, in interest. Interesting take and honestly exciting for me. And for all those who are rooting for Hexo Aurora cannabis, that's ACB announces a manufacturing agreement with Valens company, VLC and F um, Valens is partnering with everybody and anybody in the Canadian market.
So why not? Aurora? Uh, but they are doing a great job at, uh, product manufacturing agreements. And Aurora is just another one in their pipeline. ACR H F that's acreage holdings announces, completed expansion of their egg Harbor facility and a cultivation facility in Massachusetts. They're really just maximizing, I believe 85,000 square feet.
Um, always good to maximize. Anything in Massachusetts is that as a very difficult market, uh, to, to move forward in quickly tilt holdings T L LTF sells inactive subsidiary for about $900,000 currently. Shareholders of green rose acquisition, Corp that's G and R S approved the business combination with Connecticut based therapy plants, and the acquisition of certain assets of Arizona based true harvest, truly TC in it.
The largest MSO opens a hundred and fourth, Florida dispensary, 104 dispensaries in one state. Uh, they are the only ones to even come close to that. It's pretty incredible. Verano holdings, V R N O F opens third Las Vegas dispensary making it the 87th nationwide. Tons of news today. And honestly, there's always more here in about the next hour.
So stay tuned to benzinga.com/cannabis. Looking forward to completing a solid full week of cannabis daily tomorrow. Thanks as always to everybody who listens, let us know what you think@cannabishouratbenzinga.com. Uh, w want to do this for you. Want to make sure you're getting the content you want? My name is Elliot lane.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
GLOBAL SHOWCASE FOR SMALL CAP INVESTINGOct 27-28The Benzinga Global Small Cap Conference bridges the gap between Small Cap companies, investors, and traders. Learn about small cap investing with clearly defined Educational Modules, take a look at a curated group of Small Cap investment opportunities, and connect with the global Small Cap audience in an intimate, virtual setting.
Click here to watch
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Episode Summary:
Texas judge upholds ban of Delta 8.
Tilray expands their medical footprint in Europe selected by Luxembourg Ministry of Health.
Tune in to the full episode for more news about te following public companies:
- Tilray (NASDAQ:TLRY)
- Ayr Wellness (OTCQX:AYRWF)
- Stem Holdings (OTCQX:STMH
- Flower One Hldgs (OTCQX:FLOOF)
- Hydrofarm Holdings Group (NASDAQ:HYFM)
Click here for MJ Biz Recap
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Good morning investors. Happy Tuesday to you. I hope everybody is having a fantastic start to the week. Not going to lie. I have enjoyed it myself, uh, in a good one.
Uh, this week, we'll say, well, let's get started with some bits of news and stock picks for you. Hydro farm makes an acquisition of Illinois based innovative growers equipment. That's a $58 million acquisition combination of cash stock and credit facilities. Also estimating year over year growth from same time last year.
Uh, this is an estimate of their Q3 earnings coming out, uh, will be driven solely by M and a, and they're expecting a 27% increase to a mid $120 million in net sales village farms. Their acquisition of balanced health botanicals. Looking to be paying off in the near future as they expand their product portfolio, Irwin, naturals, that CSE listed.
I w I N I love that ticker. I, when I'm absolutely expanding into the psychedelic market with Irwin emergence, ketamine clinics nationwide, they are Nevada based interesting movie. And I will love to see as we get, get more involved in the psychedelic space in the U S how ketamine eventually plays into that acreage.
COO is retiring as of early next year. They will begin searching for that replacement soon. Uh, Columbia care that's CC HWF, uh, all over my timeline yesterday as every executive. In that business, uh, announced they are the first to offer a whole flower to the New York medical cannabis market. That is a great update, I think, overall for the state of New York, along with Columbia care, so props to them, and that's an exciting move there.
Texas judge upholds ban of Delta eight. Um, as I've mentioned several times before, and we've talked to many executives in the CBD space, Delta eight is a place where. Uh, once full recreational marijuana legalization becomes available Delta eight a is most likely going to go away anyway. Uh, it was a bit of news.
That's more for the near term than the long-term, but an interesting, nonetheless Tilray T L R Y expands their medical footprint in Europe selected by Luxembourg ministry of health. As a supplier of GMP certified medical cannabis. This marks the 20th country around the globe that Tilray will have a presence in Europe to them is a $1 billion opportunity, uh, for Tilray.
Do I think Luxembourg is going to overly affect their bottom line and everybody should jump in right now because of it. No, not really. Uh, but eventually they would have had to have had this press release and they will have more press releases with bigger countries and smaller countries. And I think this is just a step to global domination for them.
Uh, so TLR, why continuing to move forward there specifically in Europe, which is their focus at the moment, flower one and it's F L O. Also a great ticker, a flower one announces collaboration with Justin Bieber. For new limited edition palms peaches, pre-roll brand a flu, uh, become sole producer of palms peaches in Nevada.
You can find those in planet 13 in madman and cookies. Uh, so that's going to be a nice boost, I think, to the flower one bottom line for this quarter, specifically, Cresco labs opens their 10th Florida medical dispensary. Uh, this makes the 39th dispo nation wide Cresco labs is by far. Uh, I think one of the leaders, if not the leader in the cannabis wholesale department in the country, um, but they are still moving forward with their B to C market as well, driven by stem SDMH to acquire high country supply.
They're one of Denver's oldest vertically integrated operators. This comes with two distribution licenses, three retail dispensary's and two cultivation facilities. So making a strong move into Denver, then. Um, as we all know, stem is the farm to table, um, vertically integrated company in this space. Uh, and this is just another market to put under their belt.
Um, I love it, honestly. I think that's a great move by them. Erewhon this Ayr WF, uh, launches product in Arizona, uh, and Chuck Schumer still tweeting about the CAO. Uh, all the wild bank of America cancels the accounts of research institutes in the cannabis and psychedelic industry that are federally regulated.
Um, just a lot of nonsensical moves right now, uh, on the political landscape, uh, the house passing. Safe banking five times. And, uh, we play politics on the latter half. So, uh, nothing really to report there, uh, as expected and nothing is happening, I would say faking front, at least for the moment. I know some executives in the space are very hopeful for early 20, 22 for safe banking plus, uh, but, uh, for the moment, uh, Booker Ron Wyden Schumer, uh, are all.
Looking for a different order of bills for this space to come out last, but not least as always. Uh, we. A little snapshot of the price movements in the space. Um, extractors are up 2% over the last week, uh, investment companies up almost 4% over the last week, however, down 10 and a half percent over the last month.
So keep an eye on that. Maybe that's a little bit of a rebound for them and, uh, riding the ship. If you will. Last month or so has not been good, but this week is mostly in the green. Um, so, you know, looking good there, um, price performance wise consortium having a bit of a rough week, but overall a solid month down 7.8% on the week.
But up 23.5%, uh, the last month, uh, some other updates there, 1933 green lane, um, Emerald health therapeutics all down. Quite a bit over the last week. Um, but you have companies like heritage, like OSS can like, can America, uh, taking a, a strong week, so continuing to look forward and oh yeah. And bang, look at that up 40% on the last month, Jamie Pearson and company at B H N G uh, have moved incredibly quickly and I love what she is doing over there.
Keep an eye on them, uh, in diva Al Cana. Uh, these are awesome companies. I've had a lot of news recently. All right. So shot a ton at you today. Uh, check out yesterday as if you didn't get a chance to we recapped MJ biz, uh, as well as, uh, Benzing as cannabis capital conference in New York city. Looking forward to doing this again tomorrow, y'all have a great day.
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Good morning investors. Happy Tuesday to you. I hope everybody is having a fantastic start to the week. Not going to lie. I have enjoyed it myself, uh, in a good one.
Uh, this week, we'll say, well, let's get started with some bits of news and stock picks for you. Hydro farm makes an acquisition of Illinois based innovative growers equipment. That's a $58 million acquisition combination of cash stock and credit facilities. Also estimating year over year growth from same time last year.
Uh, this is an estimate of their Q3 earnings coming out, uh, will be driven solely by M and a, and they're expecting a 27% increase to a mid $120 million in net sales village farms. Their acquisition of balanced health botanicals. Looking to be paying off in the near future as they expand their product portfolio, Irwin, naturals, that CSE listed.
I w I N I love that ticker. I, when I'm absolutely expanding into the psychedelic market with Irwin emergence, ketamine clinics nationwide, they are Nevada based interesting movie. And I will love to see as we get, get more involved in the psychedelic space in the U S how ketamine eventually plays into that acreage.
COO is retiring as of early next year. They will begin searching for that replacement soon. Uh, Columbia care that's CC HWF, uh, all over my timeline yesterday as every executive. In that business, uh, announced they are the first to offer a whole flower to the New York medical cannabis market. That is a great update, I think, overall for the state of New York, along with Columbia care, so props to them, and that's an exciting move there.
Texas judge upholds ban of Delta eight. Um, as I've mentioned several times before, and we've talked to many executives in the CBD space, Delta eight is a place where. Uh, once full recreational marijuana legalization becomes available Delta eight a is most likely going to go away anyway. Uh, it was a bit of news.
That's more for the near term than the long-term, but an interesting, nonetheless Tilray T L R Y expands their medical footprint in Europe selected by Luxembourg ministry of health. As a supplier of GMP certified medical cannabis. This marks the 20th country around the globe that Tilray will have a presence in Europe to them is a $1 billion opportunity, uh, for Tilray.
Do I think Luxembourg is going to overly affect their bottom line and everybody should jump in right now because of it. No, not really. Uh, but eventually they would have had to have had this press release and they will have more press releases with bigger countries and smaller countries. And I think this is just a step to global domination for them.
Uh, so TLR, why continuing to move forward there specifically in Europe, which is their focus at the moment, flower one and it's F L O. Also a great ticker, a flower one announces collaboration with Justin Bieber. For new limited edition palms peaches, pre-roll brand a flu, uh, become sole producer of palms peaches in Nevada.
You can find those in planet 13 in madman and cookies. Uh, so that's going to be a nice boost, I think, to the flower one bottom line for this quarter, specifically, Cresco labs opens their 10th Florida medical dispensary. Uh, this makes the 39th dispo nation wide Cresco labs is by far. Uh, I think one of the leaders, if not the leader in the cannabis wholesale department in the country, um, but they are still moving forward with their B to C market as well, driven by stem SDMH to acquire high country supply.
They're one of Denver's oldest vertically integrated operators. This comes with two distribution licenses, three retail dispensary's and two cultivation facilities. So making a strong move into Denver, then. Um, as we all know, stem is the farm to table, um, vertically integrated company in this space. Uh, and this is just another market to put under their belt.
Um, I love it, honestly. I think that's a great move by them. Erewhon this Ayr WF, uh, launches product in Arizona, uh, and Chuck Schumer still tweeting about the CAO. Uh, all the wild bank of America cancels the accounts of research institutes in the cannabis and psychedelic industry that are federally regulated.
Um, just a lot of nonsensical moves right now, uh, on the political landscape, uh, the house passing. Safe banking five times. And, uh, we play politics on the latter half. So, uh, nothing really to report there, uh, as expected and nothing is happening, I would say faking front, at least for the moment. I know some executives in the space are very hopeful for early 20, 22 for safe banking plus, uh, but, uh, for the moment, uh, Booker Ron Wyden Schumer, uh, are all.
Looking for a different order of bills for this space to come out last, but not least as always. Uh, we. A little snapshot of the price movements in the space. Um, extractors are up 2% over the last week, uh, investment companies up almost 4% over the last week, however, down 10 and a half percent over the last month.
So keep an eye on that. Maybe that's a little bit of a rebound for them and, uh, riding the ship. If you will. Last month or so has not been good, but this week is mostly in the green. Um, so, you know, looking good there, um, price performance wise consortium having a bit of a rough week, but overall a solid month down 7.8% on the week.
But up 23.5%, uh, the last month, uh, some other updates there, 1933 green lane, um, Emerald health therapeutics all down. Quite a bit over the last week. Um, but you have companies like heritage, like OSS can like, can America, uh, taking a, a strong week, so continuing to look forward and oh yeah. And bang, look at that up 40% on the last month, Jamie Pearson and company at B H N G uh, have moved incredibly quickly and I love what she is doing over there.
Keep an eye on them, uh, in diva Al Cana. Uh, these are awesome companies. I've had a lot of news recently. All right. So shot a ton at you today. Uh, check out yesterday as if you didn't get a chance to we recapped MJ biz, uh, as well as, uh, Benzing as cannabis capital conference in New York city. Looking forward to doing this again tomorrow, y'all have a great day.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Episode Summary:
Super exciting Benzinga News!
Beringer Capital Acquires Majority Stake In Benzinga: What You Need To Know
Check out the Benzinga Cannabis Capital Conference video playlist. that took place on October 14-15 in New York.
Canadian cannabis sales increased 44% in August to record $357 million.
Jushi Holdings To Borrow Up To $100M From Sundial Growers' Sunstream
And more news about the following public companies:
- Jushi Holdings (OTCQX:JUSHF)
- Sundial Growers(NASDAQ:SNDL)
- Flora Growth (NASDAQ:FLGC)
- High Tide(NASDAQ:HITI)
- Intercure (NASDAQ:INCR)
- Fire & Flower Holdings(OTCQX:FFLWF)
- Ayr Wellness(OTCQX:AYRWF)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
What is up friends? We are back. Finally. I know we have let you down over the past two weeks, but we have some exciting updates for you. Uh, obviously first and foremost, if you haven't seen the news Benzinga is acquired a 51% stake to Berenger capital, super excited for the future of this podcast of the cannabis activations in particular, uh, as that is what Aaron and I do here.
Uh, every morning, uh, to bring you cannabis insights, as well as stock picks and news. Uh, and then also just for the company as a whole. So more podcasts, more information, more resources for you all stay tuned for that. A couple of months as we start to roll some new things out. I'm super excited about that.
Uh, the reason we have not had a lot of shows over the past two weeks though. Uh, Benzinga hosted its last 2021 cannabis capital conference in New York city on Thursday and Friday of October 14th and 15th. Tons of major players in the industry, from the parent company and truly even unrivaled brands and juicy and Lowell farms.
And I mean, the list goes on and on you also please check that out on bending as YouTube, you can find the playlist on there of five. Five tracks of content from the leaders in this space. I was incredibly insightful all the way around tons of institutional and accredited investors attended. And we look forward to doing this again, March 9th and 10th in Miami that's once again, March 9th and 10th in Miami, we already have a lot of these operators wanting to get on board for it.
So you all can attend as well. Watch out for the ticket page on BZ cannabis.com. And then last week, of course, if you have. That attuned in-tune to the cannabis space. It is the largest ex. In the industry of MJ biz con put on by MJ business daily, uh, that it was an awesome experience. Everybody who's, anybody in the industry kind of has to be there for visibility purposes.
We interviewed a lot of the leaders in the industry from Columbia care and green lane and high tide, uh, all the way to a psychedelics investor, uh, all the way. Now, honestly, dozens of others, we probably had a, one of the best lists of interviews at the event. So check that out as Aaron rolls that out probably later in the week.
Uh, and then we also had facility tours of planet 13 of high tides, uh, central facility, uh, to their cannabis and ciliary e-commerce site in the U S so that was awesome. We'll also be rolling those videos out a little bit later this week. A lot happened in the last two weeks. But as I said, we still want to bring you cannabis stock picks and news.
We have a little bit to catch up on. just, I mean, news upon news for them with their acquisitions of precision and cascade, and now introducing a new vertical farming unit last week at MJ biz, Jewishy had two bits of exciting news. That's J U S H F. They opened their 25th dispensary increasing their footprint here in the U S they also announced, and this is, this is the kicker yet.
They announced an investment from sun stream at a hundred million dollars. I'm relatively positive. That's the largest investment by sun stream, which as you know, we've talked about it. A bunch is sun dials investment vehicle that's S in D L their investment vehicle puts a hundred million into us operator.
I would say, probably in that tier two. Merging on tier one, MSO, a hundred million dollars. I mean, this is huge in any way you look at it for Jewishy and sundial. I think sundial gets a massive return on this, a juicy J U S H F just as very clean. Data-driven very. Uh, consumer trend driven company, loved their management, love their strategy all the way around.
I'm obsessed with this news, uh, for growth Corp, FLDC received GAC P certification opening the pathway to dry flower export to international GMP producers or to markets where importing is legal. So for growth Corp increasing their reach for dried flower exportation out of Latin America. Uh, I'm a fan of FLDC.
I think they get poo-pooed on a unnecessarily. So just because of their, uh, association in the Latin American community and market, uh, as Latin American growers aren't necessarily. Uh, first in line for investments these days, simply because of the U S market. But as Mexico opens up, as some of these larger markets open up, you know, these companies are well-positioned for an international footprint.
So keep an eye on FLDC high tide. H I T I expands footprint to 103 stores in Canada. I believe this was in Ontario, uh, in Saskatchewan. Uh, again, we took a tour of their e-commerce facility. Uh, this past week, we'll get that video up. But, um, I mean, probably a top five, maybe top 10 largest footprint in the world, uh, goes to.
So keep an eye on them. Inner AQR, NASDAQ listed. I NCR announces an unaudited preliminary revenues of $24 million Canadian for their Q3 2021. This is up 36% quarter over quarter and up three times for the. Same time in 2020. So a solid, uh, performance there. I went the way the market is trending in terms of performance and, uh, year over year, quarter over quarter.
I do want to see this number up a little bit in Q4. Uh, as I think they have tons of markets at their Beck and call if they want to compete with the larger international players, but overall interfere a very solid play there. Fire and flower FFL WF takes its debt on its balance sheet. Next to nothing. Uh, as it prepares for new, a new phase in their operations, few, few more bits of news Canadian cannabis sales increased 44% in August to record $357 million.
Uh, fantastic Verano borrows, 120 million at eight and a half percent in air wellness. That's Ayr WF raises 49.7 million through. Exercises. We did also speak to Greenlane about their acquisition of DaVinci. Uh, very exciting times for the anciliary driver there. This is Elliot lane that was six and a half minutes of cannabis, news, and insights here@benzinga.com.
Tune into us every day. We're back on track for the rest of the year. Y'all looking forward to it. Let us know what you want to hear about cannabis. Our app benzinga.com is a way to get ahold of us. Uh, we look forward to speaking to you again tomorrow.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Episode Summary:
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Hey, y'all it is Elliot lane with cannabis daily. I have been out of pocket since I believe it was last Tuesday with Benzing as cannabis capital conference. We hosted many industry leaders and investors and those. Uh, jumping into the space, if you will, in New York city for a couple of days at the end of last week, if you want to check out that content, please head to Benzing as YouTube or head to BZ cannabis.com.
Some incredible discussions happen there would love your all's feedback. Hit me up at cannabishour@benzinga.com, but let's jump into the point of our podcast today. Cannabis stock picks and news. Quite a bit of it much more today than there was last Monday. I'll tell you that. Uh, so let's jump in that's Oxley.
They are a Canadian-based LP reaches number six in total cannabis sales in Canada for Q3 2021. That's a pretty big jump for them, uh, in terms of. The expectations they're setting more than anything else. Uh, numbers wise, uh, you know, it, it's probably a respectable jump, but I think in terms of the visibility, they're trying to set the expectations they're trying to set and who they want to be considered.
Uh, as a competitor to, I like this press release. I liked the competition as a CPG company, and I look for more from them, uh, in Q4 and 2020. Can tab that is CT a B F a company that, uh, is really known for harnessing cannabinoid and terpene blends in pill form. Uh, there a therapeutic company announces a new partnership with 36 8 technologies.
That is a company that leverages data, uh, for pharmaceutical companies and drugs for doctors, nurses, et cetera. So, uh, they're gonna market their, uh, pills for them. So I think that's a good partnership for canteen. Hexo that's H E X O on the NASDAQ announces the departure of CEO and COO their CEO was Sebastian.
Um, he was also a co-founder. So been there from the start Hexo is one of the OGs in Canada in this space. I love what he did at the company, but, um, I also think it was time for a change. They were not on a positive trajectory. Uh, they did make some interesting acquisitions, some interesting investors. And I love their sustainability effort.
Uh, but overall Hexo, uh, just could not seem to right the ship. So, uh, Seb taking a step down there, um, you know, interested to see where he goes, as well as, uh, who Hexo brings in after him. I I P R that's innovative industrial properties acquires a California property for 51 million. That is a 201,000 square foot industrial property for gold flora.
They are a private, but well-respected California brand. I think I, I P. Gets their money's worth from this valance company enters into Quebec, the third largest cannabis market in Canada. Uh, about 15%, uh, of, of Canadians and users there. Um, overall kind of a broad stroke here for Valens. We'll see how this plays out for them, but, uh, they have been very busy.
Uh, fighting for as much market share as possible. A lot of partnerships with LPs coming out recently. Uh, so I always like keeping an eye on them to see what's next high tide hit. I entered into a revolving credit facility with ATB financial of up to 25 million. And here's the kicker for me at less than 6%.
So a solid facility for. Vexed VE XTF known for being a leading brand portfolio in Arizona, secures a manufacturing license in Ohio and moves toward vertical integration in the state. I think when you look at the MSLs and the state, like Jewishy, uh, like some of the other ones, perhaps a body of. Um, they have not had as much competition recently, but a company like vexed coming in there should put them on edge a little bit.
In my opinion, vexed is a well-respected public company in this space, especially in the manufacturing side, uh, concentrates, et cetera. So, you know, an interesting move there and I I'd love to see. Uh, how this plays out market share wise, New Jersey announces 14 new medical marijuana licenses on Friday, as we probably all heard this includes who was also at the Benzinga cannabis capital conference.
Uh, and last but not least for the news aspect, Drake invests in Toronto based pot company, bull rider just a few months after his partnership with canopy ends. So a lot of news today, I think high tide is probably a winner with their credit facility. The Hexo news is positive news to me. Um, I think ultimately IPR will, will again, continue to get their money's worth.
So I think ultimately, yes. Uh, positive news in the industry. And as we move into MJ business week, I think you'll see a lot more announcements come out with companies, trying to take the spotlight and trying to be the winner of the week. Uh, so stay tuned y'all to bending as coverage of the industry and of the week benzinga.com/cannabis.
This is Elliot lane as always thanks to Benzinga and Aaron Thomas we'll do this again. Uh, definitely Wednesday, if not tomorrow, as well as we will be in transit to MJ biz, but we will try and get one in for you. Thanks all. We'll see you soon.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Benzinga Cannabis Conference Live From New York! Attend here
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Episode Summary:
BenzingaCannabis Conference in New York October 14-15, Register for live or in person here
- HITI
- RWBYF
BENZINGA CANNABIS CAPITAL CONFERENCEThe premier gathering of cannabis entrepreneurs and investors in North America returns for a 2-Day Hybrid Event on October 14-15.
Register here.
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Friends that is Tuesday. I hope you all are having a great week so far. This is Elliot lane with cannabis daily, as always thanks to Ben Zynga and Aaron Thomas for making this podcast happen every single day. Jon, about cannabis news and stocks let's get started, honestly, a decently slow week so far. Uh, so a few interesting tidbits though, high tide that's NASDAQ listed H I T I received approval to expand into British Columbia.
This caught my eye simply because. The fact that they have over a hundred stores in Canada and are not yet in British Columbia. Uh, it was just, it just kind of gave me a quick little chuckle. Uh, there's still a lot of expansion, uh, possible for high tide. And I would imagine they must be one of, if not the most profitable, uh, cannabis company in that country with the exception of potentially cannabis or canopy growth.
Red white and bloom. That's RWB Y F received approval for its two cultivation centers in Florida, and immediately begins growing. They're looking to stock and open multiple dispensary's in Q1 of 2022. Uh, so it, I don't know if things are delayed here, but they are very much pushing ahead. I hope this does not, um, put them behind.
In 2022, uh, for opening their dispensaries. Uh, but this is something to keep an eye on as this is a pretty aggressive approach for all intents and purposes. They're CBD MD. That is ticker. Why CBD? Creates a partnership with a four day fitness festival in Florida. Woda Palooza. Why CBD will set up its pet CBD brands in multiple locations at the festival and offer free samples, educational materials, purchase incentives, and information on the affiliate marketing program for gyms.
My one question here is why pet CBD. Um, but that being. Uh, I'm sure there is a reason there that I'm just not grasping, but it would seem that being a four day fitness festival with human activists, active participants, rather, uh, that we, uh, it's surprising to see the pet CBD. But other than that, I love this.
I think the partnership is super interesting. And I would imagine they're one of, if not the only CBD brand doing this, uh, next up federal judge strikes down the residency rule for medical marijuana. This means that. You do not have to live in misery. Uh, for, to own, or start a medical marijuana business, opening the door to Ms.
Sows, uh, to other companies to expand into Missouri and began a medical marijuana program. Uh, so good news, I think all the way around for the larger companies in this area. To be able to roll up and enter that market. Y'all please do tune into our cannabis conference this Thursday and Friday, BZ cannabis.com.
If you want to register and network with these executives and investors, you can also watch it on Benzing as YouTube program, a channel that. But truly Kim rivers will be keynoting, Verano holdings, WOL farms, uh, some psychedelics companies like Simon and field trip health. It's going to be a fantastic agenda.
Unrivaled brands. Qual can y'all pay attention to Qualcomm. And there, I feel like they're about. Uh, start jumping on the fast moving train. Uh they're cool. Nevada operator. Uh, so there's Jimmy, a lot of companies like that, and I think it would be very, very cool to get it on the ground floor of them at this event.
So BZ cannabis.com. This is Elliot lane, uh, with Benzinga looking forward to doing this one more time tomorrow until then.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Episode Summary:
California's Gavin Newsome, vetoes the ability for cannabis businesses to advertise on billboards in order to protect the youth.
Curaleaf in a lawsuit with three Oregon residents over THC products.
Michigan Cannabis Sales Increase 53% to $161.4 Million in September.
BenzingaCannabis Conference in New York October 14-15, Register for live or in person here
Public Companies Talked About In The Podcast:
- Flower One Hldgs OTCQX:FLOOF)
- Curaleaf Holdings (OTCQX:CURLF)
BENZINGA CANNABIS CAPITAL CONFERENCEThe premier gathering of cannabis entrepreneurs and investors in North America returns for a 2-Day Hybrid Event on October 14-15.
Register here.
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Investor friends what's up. This is Elliot lane happy Monday. It is a nice fall day here in New York city to start the week and a day of very slow cannabis news. Uh, we are not seeing a lot happening right now, but what we are seeing, we will go over. Uh, and I hope this helps with the cannabis stocks and news picks of the week and of the day.
All right. Flower one, that's fluke, F L O F hires a new CFO, a one we don't talk about enough and being the company of course, far, one is a big player in Nevada. They have a 400,000 foot, uh, square square foot facility, uh, for cultivation and they have a great brand portfolio. Uh, one that I think is worth keeping an eye on and far one or Nevada is not a very robust market for big players.
So when I think of Nevada, I think of 19 30, 3 flower, one on the private side, qual can of course, planet 13. So, uh, some interesting companies that we don't talk about on a, on a U S and international level a lot, but these are some solid companies to keep an eye on. Uh, according to the green market report.
Uh, Cura leaf sold CBD products with THC in them, in the state of Oregon. And are now in a lawsuit with three Oregon residents, um, you might think, well, why are they suing? Well, uh, the THC made one gentlemen think he was having a stroke and he had to go to the hospital. So bit of a surprise for him. And I, I guess I can understand what the hospital bills and ambulance fee and such, uh, but clearly for most likely be paying.
Uh, to those three residences, I believe they've already said it was human error and a mistake. Gavin Newsome, vetoes the ability for can cannabis businesses to advertise on billboards. Uh, he says he's doing this to protect youth as apparently. And I think it was proposition 64. Uh, this was adamantly opposed by, uh, the California.
So, whether that's true or not, uh, cannabis businesses in the state of California will not be able to advertise on billboards, Michigan cannabis sales up 52 and a half percent year over year, uh, for the month of September and down two and a half percent month over month to 161.4 million. Keep in mind.
There is one less day in September than there is August, uh, but 161.4. Very strong, a couple numbers there. Leading the way is flour. I think with like 60, over 60 million in sales there, uh, no other product or, or. Basic product type or edible, uh, is even close. I think it's the next closest like 10 million, uh, after that as well, adult use leading the way vastly in the state with medical trailing far, far, far behind.
Uh, so it leaves the question. Those who are focused on medical cannabis as Michigan, a case study that adult use will just take over. Uh, regardless, this is Elliot lane with canvas daily. We have an exciting event this Thursday and Friday, please tune in, starts at 9:00 AM both days. Uh, you'll see, massive companies like truly the parent company, local farms, Verano Jewishy several others will be participating in our event.
You can attend live and in-person in New York city or watch. On your computer in the comfort of your own home, but we do hope you participate. BZ cannabis.com. All right, everybody. We will see you tomorrow with hopefully some more news Elliot lane here. Uh, thanks as always to Aaron Todd.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Episode Summary:
LA Sheriff Department budgets USD 5 Million to support the eradication of illegal marijuana.
California, legalizes, smokable, hemp, and food sales, bans the sale of Delta eight.
Public Companies Talked About In The Podcast:
- Sundial Growers (NASDAQ:SNDL)
- cbdMD (AMEX:YCBD)
- Columbia Care(OTCQX:CCHWF)
- Trulieve Cannabis(OTCQX:TCNNF)
- Jushi Holdings(OTCQX:JUSHF)
BENZINGA CANNABIS CAPITAL CONFERENCEThe premier gathering of cannabis entrepreneurs and investors in North America returns for a 2-Day Hybrid Event on October 14-15.
Register here.
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
It is Friday T G I F investor friends. I hope you guys are having a great week. It made some money in the cannabis. Uh, this is Elliot lane with cannabis daily as always, thanks to bill Zynga and Aaron Thomas for all your help. We've got some fun news for y'all today. Let's start off right at the top. Uh, with really, I think the big news of the day is sundial S N D L acquires our Canada.
The total for this acquisition comes to just under 350 million out. Canada is Canada's largest liquor retailer, privately operating 171 locations. Under three different retail brands. Expansion into liquor will provide a better financial position and more cashflow for Sunday. Uh, as all alcohol, of course does, uh, in investment into Nova cannabis via this acquisition, which is a top five retail footprint in the cannabis space in Canada.
I love this in every sense of the word, uh, sundial, uh, well done as much as I love the investments into Endiva, um, and the. Acquisitions they've made of late. I really think sundial has been the best performer of the meme stocks. Uh, and I mean that sincerely, um, next up, why CBD? This is CBD MD announces a research partnership with university of Mississippi are all miss.
To identify novel cannabinoids. I see this a lot with CBD companies and it's why I wanted to call it out, you know, looking for that next opportunity, uh, for sales and to make money. Right. Ultimately, I think once, uh, marijuana is legalized, a lot of these CBD companies might be scrambling a bit or might be transitioning their business model.
But why is CBD, uh, entering into a university partnership there, uh, to research potentially new cannabinoids in the plant, Columbia care that CCH WF announces opening of their first cannabis dispensary in Missouri. This is their ninth cannabis nationwide and the 75th store in their foot. Overall. So Columbia care trying to keep up, uh, with the likes of truly via that giant acquisition, of course, and curely, but 75 is nothing to shake your head at.
I think they're along the lines with other fantastic MSOE, like Verano. Um, you know, obviously GTI up there as well. Uh, speaking of true leave though, they just announced their 93rd dispensary in the state of Florida with the reopening of a dispensary in Kissimmee that was formerly under there, the harvest house, uh, Veridian capital advisors initiate coverage on douchey that's J U S H F was a buy rating and a price target of $5 26.
Since Jewishy, uh, they consider juicy and underrated and underestimated top MSO. They have a wonderful footprint and important markets like Illinois, Pennsylvania, Virginia, and they expect douchey to continue growing, uh, and, and expanding their footprint in those key markets to keep up with the other Ms.
Sows. Uh, all right. So as we do on every Friday, my good friend, Aaron Thomas joins me for a little powwow on what's happening outside of stocks. Crazy industry. Aaron, how you doing today? My friends what's going on at Elliot and what's going on zinger nation happy Friday. Uh, yeah, back at it again to bring you some fun, uh, news or, you know, you know, however you take it some, some more news, right?
Cultural side of the news for the cannabis industry, which I find always interesting. Um, so let's let let's, let's get started. Uh, so to start off a rep Garcia, a Republican from California tweets that LA county board of supervisors has delegated 5 million to LA sheriff department to support the eradication of illegal marijuana grows in their jurisdiction and surrounding areas.
Again, that's $5 million to the LA sheriff. To support the eradication of illegal marijuana grows. Now I do kind of want to point out 5 million in the grand scheme of things is not very much. Um, like I, I believe like the caliph, the LA police department, I think their budget is in the bill. Um, but with that being said, the fact that they're delegating any type of respectable amount to the eradication of the black and gray markets, uh, is huge.
It's awesome. I love that. I'm sure, you know, companies like wool farms and vibe, uh, co both great public companies out of California. Love that. So that touches on both sides of this. Yeah, absolutely. And once we moved to a more legal market, I think, you know, it's going to be great for the industry as a whole as well.
Absolutely. So moving on, uh, more California, no more California news, uh, California, legalizes, smokable, hemp, and food sales in a recent. But they restrict slash ban the sale of Delta eight. So how do you feel about that? Uh, the Delta eight side doesn't surprise me. Uh, there's a lot of people on the CBD hemp side that think, uh, Delta eight is just as big of an addressable market as THC and I just completely disagree.
Um, you know, I, I, I take this from a lot of different areas, but I'll go back to an interview I had with CV sciences, CEO, Joe Dowling on cannabis. Who thinks Delta eight is here for a little bit, uh, but will not survive the advancement of the, this industry. Um, there are too many good CPG companies, too many good, uh, THC focused marijuana companies.
And there are other cannabinoids that will come to light by then as well. Uh, ultimately Delta aid, I think has an expiration date. Uh, so I think California has gone ahead and, uh, expedited that, um, doesn't surprise me at all. And ultimately I think hemp should be more industrial. Uh, you S I would say anyway.
Um, but I, I'm sure a lot of people disagree with me on that, and that's totally fine. Um, but I think hemp has a wide variety of uses. It's a wonderful plant and definitely worth the investment. I just don't think Delta eight will be a part of that long. Yeah, a hundred percent. I agree with you there. Uh, hemp, it has very, hemp is very versatile.
And, uh, also I think, um, with, with California legalizing it, uh, they're, you know, moving to a more sustainable market as well. So I think that's great for the. Absolutely my friend, wonderful times, uh, as always in the industry, it has been crazy. Everybody. I do want to make a quick announcement. Next week, October 14th and 15th, Benzinga returns to in-person action with our cannabis capital conference.
This is our last one of 2021. Next one will be in Miami in March. So get your tickets for either virtual attendance or if you're in the New York area or want to make a quick trip. Uh, we'd love to have you there be Z. Dot com uh, you can meet me and Erin face-to-face and we'd love that love for that opportunity.
That's an Aaron. Thanks so much, my friend, it's always a pleasure. Always a pleasure Elliot. Thank you. All right. See you guys next week. Peace. Peace.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Episode Summary:
Cannabis Quarterly Earnings.
Chuck Schumer tweets about Cannabis.
NBA no longer testing for marijuana.
Rep.Earl Blumenauer from Oregon to bring a psychedelics reform bill to Capitol hill this year.
Tilray presents their first quarter of fiscal 2022 Earnings, their net revenue increased 43% to 168 million during the first quarter.
- High Tide (NASDAQ:HITI)
- BevCanna Enterprises (OTCQB:BVNNF)
- Cybin(AMEX:CYBN)
- ATAI Life Sciences (NASDAQ:ATAI)
- Enveric Biosciences (NASDAQ:ENVB)
- Khiron Life Sciences (OTCQX:KHRNF)
- Chalice Brands (OTCQB:CHALF)
- Tilray (NASDAQ:TLRY)
BENZINGA CANNABIS CAPITAL CONFERENCEThe premier gathering of cannabis entrepreneurs and investors in North America returns for a 2-Day Hybrid Event on October 14-15.
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
What's up investors. This is Elliot lane with cannabis daily. Hope you all are having a great Thursday so far and about to make some killer money in the green with cannabis. Let's jump in, uh, several different things to go over today. You know, news wise, I would say some cool quarterly earnings to chat about.
Uh, but first and foremost, Chuck Schumer wants again, tweeting about CA uh, his, uh, cannabis. Almost bill will say, uh, that he, uh, released, um, earlier this year. Um, I would much rather him talk about safe, but I think he continues to push a bill. I think he knows that will not pass in its current state. Um, but.
We'll continue to ideally be able to negotiate down to a social justice bill before he puts safe through, uh, with what he is doing with the Cory Booker and Ron Wyden. Uh, next up high tide hit I on the NASDAQ acquires blesseds CBD to enter the UK market. One of the most popular DTC brands, uh, with about 5 million site visits in 2020.
So big move by high tide. They are the leading retail. Uh, in Canada with, I believe over a hundred, uh, dispensary locations in the country. So they are moving internationally. Once again, uh, with this acquisition, uh, I like this a lot. Bev, Canada BV in an F signs, a white label agreement to bring. Uh, CBD beverage is for zebra brands.
That's X E B R a a. They are a, an up and comer in the beverage space. NBA announces to no longer test for marijuana. Again, this season, uh, next up representative Earl Blumenauer from Oregon said he intends to bring a psychedelics reform bill to Capitol hill this year. Uh, just something to keep an eye on for.
Like C Y B N like a T AI, uh, field trip health, um, mind mad, magic, mad and embarrassed. That's E N VB. Um, so if this gets going, some of those stocks might be good to add to your watch list there. Um, a couple others here before we touch on the big Tilray news, uh, Kyron life sciences presents the results of the study of over 1400 patients that were treated at Latin American clinics with CBD or T H.
80% showed positive results for chronic pain, nausea, insomnia, anxiety, spasticity, and depression. I always liked bringing it back around to why. Uh, some companies are in the cannabis space, Kyron life sciences, presenting a very cool. Uh, and I think beneficial study to, for, for cannabis there, uh, chalice brands that C H a L F pre announces Q3 revenues.
They had a record of 8 million that is a 31% increase year over year chalice brands in Humboldt. Um, one of the, I would say legacy areas in this instance, Uh, so cool to see them take that step. And finally, T L R Y presents their first quarter of fiscal 2022. Earnings their net revenue increased 43% to 168 million during the first quarter.
Uh, this increase was driven by 38% growth in net cannabis revenue to 70 million net beverage alcohol revenue of 15 million. I believe that's probably via Sweetwater, which by the way, I always get a Sweetwater on a airplane. Um, but they are doing quite well. And it seems. Uh, the bonuses for Erwin Simon, it should probably be overlooked for the moment because.
Uh, leading the way globally as the largest global operator, uh, at the moment, this is Elliot lane with cannabis daily. Y'all tuned in every day on our YouTube channel to see some cool C-suite interviews. Talk about empty crypto. Um, also catch us next week, October 14th and 15th. Uh, our Benzinga cannabis capital conference in New York city, as well as virtual.
Uh, I will see you one last time this week tomorrow.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Episode Summary:
High Tide Confirms Inclusion In Fourth Cannabis ETF Since Its NASDAQ Debut
Jushi Holdings price target was downgraded to $4 from $4 .80. The Aurora Cannabis price targets is upgraded to $9.50 Canadian Dollars from $8.30 due to increased export projections, Analysts expecting roughly 9 million in exports to Israel in the December quarter, and also expects Aurora to be a key player in Germany, Poland, and France.
- Heritage Cannabis Holding (OTCQX:HERTF)
- Akerna(NASDAQ:KERN
- Jushi Holdings(OTCQX:JUSHF)
- Aurora Cannabis(NASDAQ:ACB)
- GrowGeneration(NASDAQ:GRWG)
- HEXO(NASDAQ:HEXO)
- High Tide(NASDAQ:HITI)
- Flora Growth(NASDAQ:FLGC)
- Agrify (NASDAQ:AGFY)
BENZINGA CANNABIS CAPITAL CONFERENCEThe premier gathering of cannabis entrepreneurs and investors in North America returns for a 2-Day Hybrid Event on October 14-15.
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Friends. It is Wednesday. It is another hump day here. Welcome to cannabis daily. This is Elliot lane from Ben Zynga as always thanks to Aaron Thomas and our friends for helping. Happen. We've got a lot to cover today from earlier this week, as well as news that is coming overnight. So let's jump into the cannabis space here a little earlier this week, shots a heritage, Candace.
I did not mention this, but H R T F is now supplying Australian companies with medical cannabis products. They have truly, uh, just dove in the past few months, uh, and through expansion and getting their name out there, uh, working in new partnerships, expanding. I'm really liking what I'm seeing out of her.
Uh, Corona a couple news items this week. Uh, they are K E R N on the NASDAQ, their current investors reinvested $20 million via convertible debt financing into the company. Uh, and, and they completed the acquisition of 365 cannabis, which I believe was about 17 million. Uh, so two. Really nice bits of news for Corona there this week.
Uh, I'd love to see their stock trend up a little bit because I think they've earned it to be quite honest with you guys. I think Jessica does a pretty fantastic job over there. Uh, interesting bit of news that isn't necessarily directly related to a stock. The former med men. Exactly. Uh, filed a suit against their new work company.
I should say coastal holdings, there are no longer directly associated, but they say they have a right to approve the sale or. To the parent company, they filed a lawsuit with their company or former company, coastal holdings. I gotta tell you, these guys are just not really ever in the news for the right reasons.
Uh, interesting bit of news there though. Cantor Fitzgerald releases two reports. Jewishy price target was downgraded to $4 from $4 and 80 cents. Uh, however Pablo remained neutral on them. The Aurora price targets. Upgraded that's NASDAQ listed ACB to $9 and 50 cents Canadian from $8 and 30 cents Canadian due to increased export projections, Pablo expecting roughly 9 million in exports to Israel in the December quarter, and also expects Aurora to be a key player in Germany, Poland, and France, honestly, y'all this is the first bit of good news for ACB.
I have. In some time. Uh, so, you know, Pablo. Not necessarily giving up hope, uh, on their numbers, on their projections. Uh, I think, I think this is interesting for more shareholders and hopefully can, can battle some of that dilution we've seen recently urban grow their stock is Eugene borrow on the national.
Uh, is up their stock is up on the announcement of the launch of its financial services division. The end game here being to provide its clients cap ex leasing solutions. And this is happening with a partnership with X S financial fire and flower. That is F F L w F on the OTC advances, their partnership with circle caves, parent company to open new fire and flower.
Dispensary's adjacent. To existing circle K stores in Canada. The first of these will be an Alberta, Saskatchewan, and Manitoba. This is I think, a massive potential here for fire and flower, a circle K obviously being a pretty regular store in the states as well. So, uh, the idea here being to extend this into the U S and when the opportunity arises.
Probably after federal legalization plays out a nice little article on benzinga.com/cannabis yesterday, grow generation that's G RWG once, uh, this year, and maybe still considered by some, to be the cannabis. Has a better five-year return then get this game. Stop AMC and Blackberry. So GRW G better five-year return the game, stop and Blackberry head to benzinga.com/cannabis for that full article in diva, that's in D V a F borrows, an additional eight and a half million from sundial, S N D L sun stream.
Bancorp, as I've said before I applaud sundial and what they've done, uh investment-wise and putting their. Uh, in back into the space, uh, and helping and really taking advantage of that mean stock status, uh, to grow different aspects of their business. I love this partnership. Uh, am I, once again, applaud it.
Hexo hex partnership with Molson. Uh, for their very Vel CBD beverage is now expanding to 17 states. Uh, once again, Hexo, you know, we've seen some cool news sustainability wise, uh, but not really, um, visible for all the right reasons this year, since, uh, especially since their acquisition. Um, I believe it was, um, um, xenopus it was their acquisition of cannabis, but, uh, this is a great bit of news for them.
A couple more here. Y'all high tide hit. I listed on the NASDAQ has been added to the bud X ETF on the nicey for growth forms for a pharma and launches global clinical trials utilizing. Uh, artificial intelligence and machine learning to help develop drugs from the cannabis plant that interact with certain gene targets responsible for specific diseases and conditions, just incredibly broad.
Nobody knows what that means other than they are enacting a biotech arm. Uh, but I'm all for R and D whenever we can get it. So let's see how this, um, this grows and evolves there. Uh, last bit of news stock wise that I'll announce today. buys cannabis and hemp extract. Uh, equipment companies for 50 million that is cascade and precision extraction solutions, both in incredible companies.
And precision is a powerhouse. They've, they've been a private powerhouse for a long time, and , in my opinion is making an incredible acquisition here. Uh, again, that's NASDAQ listed. HGF why, so y'all a ton of news today, uh, covering some from earlier this week, but a lot from, uh, over in the night as well.
Uh, once again, this is Elliot lane with cannabis daily. Thanks again to Erin Thomas y'all check out B Z cannabis.com. That's BZ cannabis.com. Our event is next Thursday and Friday. You can attend virtually or in New York city, incredible lineup of speakers, and we hope to see you there. Thanks so much. You all see.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Episode Summary:
Tilray pays CEO Irwin Simon $13.2 million in cash bonuses for a total compensation of around 30 million.
So over the past week, month and three months, everybody's in the red licensed producers. Multi-state operators, extractors, international plays, uh, biopharma, uh, investment companies and ciliary companies, the ETFs, they are all in the red.
- VLNCF
- VIBEF
- TLRY
- CNTMF
- HEXO
- TCNNF
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
My friends. It is taco Tuesday. What's up. This is Elliot laying with cannabis daily as always thanks to Benzinga and Aaron Thomas, the one and only producer without, uh, with out him. I would be nowhere. Apparently I can't even talk. So thank you for letting me talk today. Aaron, let's jump into some cannabis news and stock picks.
First up, we got valance V L N C F enters into six new manufacturing. Six three of these are with top seven Canadian LPs. Uh, so perhaps the balance continuing to grow there really seems partnership portfolio. They work with, it seems everybody in Canada, uh, which I think is a brilliant strategy. Honestly, I really do a vibe growth corporation.
This is a California operator and a very well-respected one that's been around for several years is on the OTs. Uh, Q X. That is, that is V I B E F. Uh, they are pretty fantastic, uh, brand portfolio, California operators. So I definitely recommend keeping them on your watch list. Let's see how they perform in the coming months.
Uh, but I'm excited to add them to the Y. Illinois cannabis sales increased 80% year over year in September to 122 million Bev cannon B V N N F taps into a new distributor that is U and F I and Canada to distribute their products to new retailers. And then last little bit of news today. Very interesting.
I am a bit torn on this to be quite honest with you. Tilray T L R Y paid Simon $13.2 million in cash bonuses. Uh, for a total compensation of around 30 million. Now, if any executive in this space probably deserves it, I would imagine Erwin is one of those in contention, right? Uh, I will also say that others who have received millions in the cannabis executive space, uh, in the past have not done so well, leading their companies into the.
Um, if you can pick up the hint I'm land down there. So that being said, I don't think this shows a lot of respect for the history of the cannabis program, but that being said, this is going to happen. Y'all I mean, executives are going to get paid. I don't think this is necessarily a negative news story if they can back it up.
Uh, and you know, I, I think it'd be interesting to see if Simon purchases repurchases and he shares, uh, with all this compensation or if he has. Let's jump into a little bit of performance tracking here. So over the past week, month and three months, everybody's in the red licensed producers. Multi-state operators, extractors, international plays, uh, biopharma, uh, investment companies and ciliary companies, the ETFs, they are all in the red.
Uh, however, there are some that are doing. Relatively. Well, I want to call out a stock that I called out for a while earlier this year, uh, kind of went a little bit less visible, and now it's starting to peak back out a little bit. Over the past week, there are 13% that is, can source them. And over the past month up five and a half percent, I think there are very reliable stock.
Not necessarily swinging wildly either way. Uh, but I love what the team is doing there. They have a new executive team as of earlier, this. Uh, and I, I think they're doing pretty well. Uh, slang and truly both in the green, uh, over the past month, uh, truly above about one and a half percent, but slang up almost 14 and a half percent.
Uh, just a few others here. I ant this capital continuing to blow everybody out of the water in three months, performance history with 123% growth. They have absolutely read exploded onto the scene. We all know what happened. Uh, and then in the loser category, all Hexo is still, still leading. That one is strong and a strong in a way here at 66 and a half percent down over the past three months.
So y'all, there's a lot happening, um, in this space. There's some companies that are moving forward very strongly. Like I anthis like, uh, Nexleaf solutions is back in the green light. And some that have some work to do like Hexo, but I think they're doing it. And I'm excited to see where they go. Especially if they're new sustainability announcement.
This is Elliot lane with cannabis daily. Thanks. As always for listening. I look forward to doing this again tomorrow. Y'all.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Episode Summary:
Kyron life sciences has exceeded 35,000 medical cannabis prescriptions in Latin America, which is 600% more than all of the 2020 fiscal year.
Chewing Gum Heir Scraps Marijuana SPACs merger.
2 political Tweets to take notice of.
- AAWH
- MMNFF
- KHRNF
- CGC
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Friends happy Monday. I hope you have had a wonderful weekend and you are ready to invest and make some money in the cannabis space. We are in no shortage of news today should be a good week ahead. Uh, we are inching closer to Q3 earnings season in full force. So, uh, let's continue to keep an eye on, uh, releases as those countries.
Uh, AAW H that's a sin wellness. They are, uh, an MSO, uh, that is somewhat newer to the public space, but a very well-known one, uh, backed by Poseidon, which is a fantastic, uh, cannabis investment. Closes upon announced dispensary acquisition in Ohio and announces the acquisition of us of another one in Ohio.
So expanding their footprint there, uh, Abner and team are doing a fantastic job over at ascend. Really pushing for tier one status med men, M M in F F has sub-leased two of their 45,000 square foot grow houses in California. To lit house farms. First of all, fantastic name. Um, but one of the facilities is costing lit house farms.
Uh, it will cost them up to $4.6 million a year by year six and then escalate 3% a year through 2039. The other facility will hit $3.4 million a year by the sixth year with the same growth rate through 2039. So Madmen tapping into another potential source of revenue. Uh, some would say that they can make more revenue by utilizing those grow houses for their own grows.
But at the same time, I think this is a smart move by them. This is almost guaranteed money from a fantastic brand in California. All right. Uh, let's keep going. So Kyron life sciences, whether or not you've heard of them, they're a very good Latin American operator, a vertically integrated global player.
Uh, so far in 2020. And the Latin American markets, Kyron life sciences. That's K H R in F has exceeded 35,000 medical cannabis prescriptions. That is 600% more than all of 20, 20 fiscal year. Let me say that again. So they've exceeded 35,000 medical cannabis prescriptions in Latin America, which is 600% more than all of the 20, 20 fiscal year.
That is massive growth props to Alvara and team over. 62% of the patients were returning 47% of the sales were covered by insurance. And then Europe generated 30% of the company's revenues in Q3. Now whether or not these overall revenues compete with global players, like. Uh, like clever leaves, a few others Kyron is, is placing itself in important markets.
Uh, it is, uh, placing itself in a very particular model that people know what they do. Uh, I love it. I absolutely love what Alvara was doing. Setting, uh, Kira net for, I think long-term medical cannabis success, uh, and a good reputation in the. Sarah's acquisition, Corp and parallel have called off the merger.
Sarah is a SPAC parallel run by chewing gum air. Beau Wrigley said it was mutual, but per Reuters, uh, apparently some investors have lost confidence that parallel can deliver upon the financial numbers. The company gave in February when the merger was announced. Uh, others think that SPACs are less interesting now than they were earlier this year.
Whatever it is. The merger is often parallel will not be accessible to individual investors, uh, at the current time, Sarah. So I'm sure we'll be looking for another MSO partner to take public Nebraska activists unveiled to medical cannabis initiatives. They're fighting to include on the 2022 ballot, the IRS tweeted about its new effort to educate the cannabis industry and tax compliance.
I giggle a little bit, uh, simply because ideally two 80 E. Uh, a thing much longer. And then last a bit of company news here, CGC that's canopy growth Corp. We talked about the fact that they may be seeing a reversal towards the positive trend. Soon they work with constellation brands to unveil a. First of its kind karma, CBD water.
Uh, that's fantastic. Uh, brand awareness, I think by them and good to get constellation on board on a product. Um, I really liked that news there. A couple of tweets. I want to bring you to your attention. I don't normally do this, but I think they're important for what we can expect. Uh, for these companies, Senate, majority leader, Chuck Schumer tweeted, I'm working with Senator Booker and Ron Wyden to pass our cannabis administration and opportunities.
To end federal prohibition is still highly focused on CA I'm trying to impart or actually believing one way or the other, that that is the best path forward for legalization. I don't think anybody agrees with him, um, except for. Non cannabis, working people, the cannabis industry needs safe. Uh, it needs legalization, but it definitely needs safe.
Uh, and the fact that he tweets this gives me even less hope, uh, for safe to pass at the current time. And then secondly, representative, uh, Thomas Massie from. Uh, wait, I thought the more act was going to keep the federal government from putting people in cages for marijuana crimes. Instead it creates new crimes and penalties such as five years and $10,000 for each offense, a possessing untaxed marijuana with the intent to redistribute.
Um, it, it, this, this signals to me, just more politics over this. I don't think the Moore act has any hope at the moment. This is a very obvious inclusion, in my opinion. Uh, this helps legal businesses, uh, in terms of what he's talking about. So I'm not sure what he's saying, but to me, this, uh, this signals the, uh, intent to play politics.
And the fact that the more act really is just not going to get any legs with the Republicans. Um, that is, uh, my Monday update. This is cannabis daily with Elliot lane. I hope this is helpful as always thanks to Benzinga and Aaron Thomas. Uh, and I look forward to doing this again tomorrow. Y'all have a great start to.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Episode Summary:
Happy Q4!
What a Friday! Trulive buys Harvest Health & Recreation Inc.
Do not feed your dogs edibles! Overdose cases have been on the rise recently as edibles have become legal.
MSOs Are In No Rush For Federal Legalization.
- TCNNF
- HRVSF
- DOSE
- IIPR
- CRLBF
- PLNHF
- CGC
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
What a Friday investors. I hope you are having a great morning. You've had a great week trading and I hope you are on the truly train because it is leaving the station. The deal is done. Y'all TC, N N F completes the acquisition of harvest health. H R V S F. This. Creates the largest us cannabis company across retail and cultivation, footprints, and some pretty major depth in key markets that truly did not reach before, such as Arizona solidifies.
True leave. As the most profitable MSO in the combined company delivers the strongest financial. Of any MSO, absolute congratulations to Kim rivers and team over at true leave and the Steve white and team over at harvest health. This is major and I'm super pumped to see how this company continues to control its own fate.
Uh, more on. And, and down the road, I'm sure we'll be talking about truly, just as much as we have been. Uh, I love this for Kim and team. I'm super excited. Rapid dose therapeutics that his doc on the CSC receives their cannabis sales license from health Canada. Okay. A little more, uh, re real estate focus news here.
As of today, I, I P R that's innovative industrial properties. The only REIT that is cannabis focused on the night. Owns 75 properties in bear with me, Arizona, California, Colorado, Florida, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Jersey, New York, North Dakota, Ohio, Pennsylvania, Texas, Virginia, and Washington.
Uh, it's funny. They released a press release and it's more than. Just reminding everybody how dominant they truly are. I, I PR coming out with a little flecks of their own today, uh, Cresco labs, C B LBF decides to exit several third-party distribution agreements to focus more on distribution of their wholly owned brands and increase their profitability profitability in California.
So Cresco labs, continuing to strengthen their bottom line. They are the leading whole. Uh, company in the cannabis space, in the U S uh, looking to increase their brand awareness. Planet 13 that's PLN NHF completes the acquisition of Florida licensed for 55 million to operate it as a medical marijuana treatment center.
Friends. We all know that this will not stay a medical marijuana treatment center, uh, until, I mean, as long as Florida is medicinally focused, it will. Uh, but once it does go adult use and. Uh, I would imagine this will shift toward more of their Vegas approach bank of America, securities downgrade, CGC to neutral lowers the price target to $22 Canadian.
However, an interesting article on benzinga.com/cannabis. Looking at the canopy chart, they may have finally hit the bottom and could see a reversal. As many cannabis companies can not catch a break. Uh, it continues to not hit a lower, low below the 1335 level, which indicates the downward trend might be over.
Now. It is Friday and I'm always excited to bring on my good friend, Aaron Thomas, to talk a little bit more about the cannabis industry as a whole and the cannabis culture as a whole. How are you doing, man? How was your week? I am doing well. What's up Elliot? What's up singer nation. Uh, happy Friday. Yeah, like I said, it's been quite the week guys, if you haven't, if you didn't know, I've been quite busy, uh, producing Benzinga healthcare conference, it was a two day event.
Two tracks. Filled with a bunch of healthcare companies presenting, uh, you know, their company case, their slide decks telling us why they're a good investment option. So if you haven't seen that, check it out on Benzingers YouTube, go over there and check that out. Um, so with some news, let's get into it.
Uh, let's start it off with some kind of fun news, you know, so dogs, uh, in California,
Are the dogs in California. Aaron, are we sure? Hold on. I, so I might have a athlete. Just cut this out. Wait, what? I'm going to have Ashley cut this out four minutes. I kinda messed up. I'm sorry, but why don't you just intro yourself again? Okay. Yeah, we'll cut. We'll cut you out until, uh, you intro yourself again.
So Aaron, what's up from that point and then whenever you start again. Yeah. Cause we can leave in the, uh, cannabis or the healthcare conference stuff and then we can go from there. Cool. Yeah. Whenever that, whatever you need. All right, here we go. All right. Let's get into some cultural news to start it off.
Dogs are increasingly getting. From cannabis edibles. It, I know it's crazy. So while the excess cannabis consumption by canines is not new cases are growing as more and more states legalize the drug and it, you and you and its use, sorry, becomes more widespread. According to the American society for the prevention of cruelty to animals, the groups poison hotline suggest that more and more states have legalized directly or recreational marijuana reports of marijuana toxicity in dogs have.
Grown interesting guys. So basically just lock up your lockup, your edibles, you know, make sure your marijuana is in a safe location because obviously we don't want our little guys to, you know, be in any health issue or have any health issues or any what? I mean I'm, I'm so curious. Did it go from one to three?
Or like one to like 300 I'm I'm so curious. It's like, you know, I don't think edibles are just lying on the sidewalk cause people like edibles and not just going to leave white around here's the numbers. So between 2017 and 2020, the national call volume for cannabis ingestion rose from 1,436 to 3,923.
All right. It also sounds like people are feeding their dogs animals. So y'all, don't do that. Let's, let's stay away from that for sure. Moving on in moreover in some, uh, federal cannabis news, uh, federal cannabis, cannabis legalization, bill approved income. So the house judiciary committee approved a bill to federally legalized marijuana.
It's not yet clear if other panels will waive jurisdiction like they did last Congress, or if it has more steps to go before reaching the floor this time. Uh, we will see, I mean, whenever I hear the words, federal legalization, I mean, I think this is the second time in this, not this year, but in the past year, um, you know, I'm, I'm encouraged that we continue to see the fight for this.
Um, we'll see it, but I, I think what Chuck Schumer, what Corey Booker want, uh, is a social equity bill is a. Um, a decriminalization bill is a bill to get people out of jail for non-violent, um, acts when it comes to marijuana. Um, until, I mean, ideally something like the Federalist federalisation bill would, um, federal legalization bill would include that, but we'll see if it gets passed.
I don't know. I, my, my hope is tempered, but it is still. Definitely. So Schumer also said that he's had a few conversations with the white house about marijuana and that he plans to lobby president Biden heavily to drop his anti legalization stance. So we'll see, we'll see, we'll keep up with the developments there.
Uh, see what's going on. Obviously we're hoping for the best here, because it would be great for the next. Yeah. So it would, uh, you know, it's interesting though, MSOE is, are fine. You know, they're, they're absolutely fine with delayed legalization, uh, so that they can continue to roll up and produce more M and a news, uh, and get more brands under their belts.
The more they can roll up right now, the better for them once legalization hits. Uh, cause then there'll be able to be able to compete with large tobacco, large alcohol. Uh, other large CPG players, uh, who will come into the space. So MSLs are in no rush for federal legalization, even if they are outwardly.
Right. All right. And with my last bit of some cultural news, uh, this one, I'm sure you guys will see it eventually as it'll probably reach your airwaves at some point, but $10 million of cash. 500,000 marijuana plants seized in bay. Area's largest. Bust. So in San Leandro, California, Alameda county Sheriff's detectives say an 18 month investigation has resulted in the seizure of upwards of $10 million in cash.
Up to 500,000 marijuana plants, six tons of processed marijuana valued at $42 million and a cache of weapons. The bus marks the largest ever illegal growing operation in the bay area and among the largest ever in this. Sergeant Kelly said the cultivation operation was a sophisticated and the Sheriff's office says the marijuana quality was the best they have her seat.
So, I mean, Hey well, if a sheriff says that it must be true. Exactly. But I will say that's a great, great, great news for the legal marijuana scene. You know, I think. Uh, earlier this year, we saw a billion dollar bust, uh, in terms of, uh, 9 billion, sorry, um, a several hundred million dollar bust for cannabis in the black market, but more busts like this create less of a black and gray market for the legal cannabis industry, which creates more opportunity.
For the legal cannabis industry. So that's awesome. And I love that the Sheriff's office came out and said that this is high quality, illegal cannabis. That's fantastic. Yeah. I mean, if anything, if I was going to get, you know, rated by the Sheriff's office and they told me my marijuana was terrible. Yeah. I, I would be like, yeah, you can go ahead and take it.
Nah, maybe that's how they need to do to bust illegal cannabis grows. But that's hysterical. Aaron great stuff today, man. I mean a lot of legalization news will continue to monitor that as we, as we move towards Q4 here or what is Q4 happy to for y'all? Um, I forgot it was October for a second, but. Thanks as always for listening to us another great week of cannabis daily.
We had some killer news today. Congrats again, to truly even harvest health for completing their acquisition. Erin, always a pleasure. My friend, you have a wonderful weekend. I'll see you on Monday. Thanks, Elliot you as well.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Today!!!
BENZINGA HEALTHCARE SMALL CAP CONFERENCE
Watch Live Here
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Episode Summary:
GLASF
ACB
TLRY
HITI
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Welcome my friends to your Thursday edition of cannabis daily. This is Elliot lane. Thanks as always to Benzinga and Aaron Thomas, the man behind it all. As our producer super pumped for today, we have some cool news to chatter. Uh, we'll start off with our California brethren, the glass house group that is G L a S F appoints a new CFO.
Mark Vindetti has 30 years of M and a experience and finance work under his belt, a pretty experienced executive ad there for the glass house group, team, Aurora cannabis ACB, a little more positive news. This go around is, um, we have not seen a lot of that coming from them recently. They launched their first medicinal cannabis product in Uruguay.
Aurora will only focus on medicinal cannabis in Ottawa, hoping to make the country its continental center of production and distribution. So they are actively focused on medicinal. It seems everywhere, not just in, uh, O'Dwyer or Uruguay. Uh, however lazy. I want to get to say that country's name, but essentially, uh, they are.
Really seeing the bulk majority of their revenues and profits coming from the medicinal side. And I think there are truly steering into that skid right now. Chuck Schumer. This is via marijuana moment. Uh, as we reported on earlier this week says key senators have agreement, not to advance marijuana banking reform before legalization.
He is open to exploring it further. Social equity provisions can be made in a separate defense policy legislation that the chamber will be voting. Soon. So as a, I said, as Javier said, as Patrick have said, uh, earlier this week, this is not going to happen in the order that is currently proposed. Um, but let's hope that something can happen where they get some social equity provisions through a separate defense spend bill, uh, in order to keep safe in play.
Pylorus equity group. They are not public, but this is interesting to me, completes a $42.2 million raise at 7% for five years. Now, those last two numbers are what's important here because he's putting pressure, uh, being Rob over there is putting pressure on the public cannabis rates like IEP. New lake.
Um, soon to be, uh, I would imagine you're destined capital and, and freehold, uh, but this is a pretty fantastic raise on their end. So perhaps to Robin team, uh, let's see how the other REITs, uh, we'll we'll engage their raises after this Tilray TLR wet, T L R Y a as reported on benzinga.com/cannabis is currently very much oversold.
Uh, we have, uh, a pretty massive. Uh, move, uh, over the past few days, I think their volume was up to some 17 million, 75% bearish Cantor Fitzgerald maintains their overweight rating and an $18 price target. Uh, so lots of room to gain there. If you are in agreement with Cantor Fitzgerald, not a lot of room to gain at all.
If you're in agreement with some of the major spenders, uh, that were a little bearish over the past couple of days, check that article out on benzinga.com/cannabis. Uh, last bit of news here, high tide hit. I surpasses 100 stores, I believe to 101 in Canada becoming the first non-franchise cannabis retailer in Canada to do so some pretty cool news this morning from high tide, from, uh, Rora, uh, from Polarez something to keep an eye on with Tilray.
Uh, again, this is Elliot lane with cannabis daily. Really appreciate you all tuning in every day. Thanks again. We'll see it one more time tomorrow.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
BENZINGA HEALTHCARE SMALL CAP CONFERENCE
Today and Tomorrow!
Register for our FREE Healthcare Small-Cap Conference and have a chance to win 1 year of Benzinga Pro! Register for FREE here
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Episode Summary:
Marijuana arrests fall in 2020 to just over 350,000 from over 545,000 in 2019.
A bill to legalize marijuana in Pennsylvania was formerly formally introduced yesterday, massively prioritizing social equity and the community's most hurt by the war on drugs.
Jushi Holdings Inc OTC:JUSHF
Ayr Wellness OTC:AYRWF
Eve & Co. Inc. OTC:EEVVF
Heritage Cannabis Holdings Corp OTC: HERTF
Verano Holdings Corp OTC: VRNOF
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Investors. It is Wednesday happy hump day. My friends, I hope you guys are making a ton of money on the green, uh, being cannabis this week. Uh, let's get started ton of news today. There's a lot of Monday, not so much yesterday, but a lot today. So let's get started. Marijuana arrests fall in 2020, just over 350,000.
Over 545,000 in 2019. Huge decrease in 2020. This was via normal. Uh, it has not been this low since the early nineties and late eighties. Uh, very promising I think, uh, stat there and hopefully will continue to decline to zero. Uh, in the coming years, a bill to legalize marijuana in Pennsylvania was formerly formally introduced yesterday.
Uh, massively prioritizing social equity and the community's most hurt by the war on drugs juicy. That is J U S H F expands their presence in Nevada by entering into an agreement to fully acquire the apothecary in Las Vegas. This gives Jewishy their fourth vertically integrated state, uh, Vietnam. Uh, that's big for them.
They are an MSO who I think is on the precipice of fighting for tier one status. Uh, I love their marketing department and the emphasis they put on data. Again, this is J U S H F and I believe this takes them up to 38 dispensaries nation. Air wellness. That's Ayr WF launches their THC edible brand in Florida, CC H w F that has Columbia care commences cultivation at a 34 acre facility in long island, New York.
Uh, we saw goodness growth, make their move earlier this week with IPR, uh, Columbia care a little bit ahead of this. Uh, there are launching their whole, her whole flower program via this move. Uh, even co that's E V V F uh, Canadian operator closes a private placement of just under 2.78 million units at a price of 18 cents for a total of around 500,000 gross proceeds there, uh, in X, T T, or I'm sorry, in X, T F F formerly non-estate technologies.
Now life is. Pre-announced is increased Q3 revenues up to around 7 million. That's up 12% year over year and up 12% quarter over quarter. Uh, so nice to see the life has taken another step forward there. Heritage cannabis. There's been a good bit of news for heritage recently. It kind of out of nowhere. H E R T F announces Q3 revenues up to 5.1 million.
This is up 114% year over year. Heritage starting to make that climb now and Verano V R N O F opens their 48th retail location in Florida making it 86 nationwide catching up to the likes of cure leaf, truly in GTI. This is Elliot lane with cannabis daily. Thanks as always for tuning in. Let me know what you guys want to hear about.
Thanks to Benzinga and Aaron Thomas as always. We will see you guys tomorrow.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
BENZINGA CANNABIS CAPITAL CONFERENCEThe premier gathering of cannabis entrepreneurs and investors in North America returns for a 2-Day Hybrid Event on October 14-15.
Speakers will include $SNDL and other major Cannabis Companies, for more information visit https://www.benzinga.com/events/cannabis/
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Episode SummaryLos Angeles county district attorney George Gascon dismisses, nearly 60,000 cannabis convictions.
Public companies talked about on the show:
- TSX: KO
- NASDAQ: VFF
- OTC: CXXIF
- OTC: GDNSF
- OTC: FLOOF
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Happy Tuesday investors. This is Elliot lane with cannabis daily. Hope you're having a great week so far. For me, it has been positive, uh, looking green at the moment, which I'm very happy about. This is again, cannabis daily, bringing you daily stock picks and news and the canvas industry as always thanks to Benzinga and thanks to Aaron Thomas, our producer for helping me put this show on first up, Kiarra, that is TSX listed.
Oh, revenue's up 55% quarter over quarter to around 6.19 million in most recent quarterly earnings and up 70% in the last six months operating expenses decreased 34%. To a 29% of overall revenue, uh, they are expecting, I believe around 42.7 million annual revenue. So, uh, up and coming they're, uh, very much like what I'm hearing from Kiarra.
I believe they are Ontario based. Uh, so we'll definitely add them to my watch list there. Um, big news today for me. Village farms entered in to an option agreement, giving BFF the right to acquire 80% ownership interest in a Netherlands based license holder. Uh, this covers cultivation and distribution to retailers.
The Dutch market is expected to be Europe's first legal recreational market. And to my memory, VFX is the first major mover. So props to Mike and team over there. Uh, village farms as long been one of my favorites in this industry. Uh, and I love this move moving internationally. Uh, C 21, that is C X, X I F brings in a revenue of 9 million in their most recent.
Goodness growth that is G D N S F enters into a sale lease back deal with innovative industrial properties. Uh, that is I IPR in the state of New York. This covers roughly 92 acres, which costs goodness growth around 1.2 million. Uh, Paid around 55 million for the land and to help cover construction of a new facility, which is also adjacent to another facility for goodness growth.
A couple more bits of news here at Los Angeles county district attorney George Gascon dismisses, nearly 60,000 cannabis conventions. Well done, Joe. And flower one that is OTC listed F L O F I think my favorite cannabis, ticker fluke flower, one raises 5 million in Vietnam, brokered private placement of units, uh, overall, uh, kind of a slow day compared to yesterday, but still companies bringing in solid revenues, uh, continuing to grow.
Ah, let's remember earnings are, look at the past and I think moving forward, everybody's moving in a great direction from what we talked about just now. So keep an eye on village farms, goodness growth. pro uh, we will see you again tomorrow. Y'all thanks so much.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
BENZINGA CANNABIS CAPITAL CONFERENCEThe premier gathering of cannabis entrepreneurs and investors in North America returns for a 2-Day Hybrid Event on October 14-15.
Speakers will include $SNDL and other major Cannabis Companies, for more information visit https://www.benzinga.com/events/cannabis/
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Episode SummaryThe house committee will vote on federal marijuana legalization bill.
Massive oversupply problem, especially in California. The price drops for products are driving a lot of craft growers and smaller farms to a breaking point.
Public companies talked about on the show:
- ARCA:MSOS
- OTC:AAWH
- OTC:AUSAF
- OTC:DLTNF
- OTC:VVCIF
- OTC:ITHUF
- OTC:BILZF
- CNSX:BHNG
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Monday morning friends, WhatsApp. This is Elliot lane with cannabis daily. Hope you all had a very restful, relaxing and or fun and party filled weekend, whatever you want. I hope you had it. Uh, but it is Monday. We are back to making money, especially when we come to. Investing in cannabis. There's a lot to talk about today.
So let's dive right in a M S O S. That is the advisor shares. ETF is the talk of the town right now. Uh, they saw a double bottom they're at a record high 27.21 million shares and is at 342% year over year. Their volume has been fantastic over the past week. Uh, so keep an eye on them. Uh, I'm liking. A trend that we're seeing from, from him S uh, and if that is reflective of the industry, this could be a great week for cannabis stocks.
So, uh, very excited to see how that continues this week. Uh, I would definitely put them on your watch list if not throw a share into your mix, the good broad term. Unanimously approved legislation that will allow to tap opportunities in the growing market for medicinal cannabis, a little more, uh, international cannabis news, piggybacking off the wonderful Aaron Thomas from Friday, uh, some domestic news though on the political side, the house committee will vote on federal marijuana legalization bill.
Next week, days after banking reform advances. This is exciting. This is the more active they are voting. I absolutely do not expect this to go anywhere. Uh, the safe act is what we're focusing on right now. Um, from my understanding, this is more of a markup, more of a let's talk about it. Let's let's compromise again.
Let's see where we can go. Uh, and we'll see where it comes. Uh, this, but this bill would remove cannabis as a scheduled drug, allow those with marijuana convictions to have their records expunged and allow a federal tax on marijuana. Ideally replacing 2 88 and I, which hopefully safe would do as well.
Jackie Bryant from high times reports on massive oversupply problem, especially in California, the price drops. Four products are driving a lot of craft growers and smaller farms to a breaking point. Now this will eventually affect the little farms, the parent companies, the vibe bio-sciences and a few others.
But, uh, right now they are able to survive something like this. But this is an issue to keep an eye on, especially for the California operators of wellness. That's a w H reaches a milestone of 1 million. In contributions to the last prisoner project, uh, one of the major, uh, advocacy groups for decriminalizing and legalizing marijuana, uh, and, and helping right, the wrongs, uh, that criminalizing marijuana has done too many throughout this.
Uh, audacious brands, a U S a F beginning, a $15 million capital raise. I do not expect that to take them long. They have an incredible management team. Terry Booth, one of the original Aurora cannabis, uh, executive teams, mark clockmaker and incredible IRR person in this. Uh, John Paul and a few others. Uh, so I expect that to go relatively quickly for them stem holdings, that's driven by stem expands, a California e-commerce and delivery footprint with new distribution hub license, perhaps news, like this will help the oversupply problem.
And in terms of, uh, expanding the. Um, the consumer reach for the supply problem. Uh, so we'll see if hopefully more news like this can, uh, can help these younger craft growers get their products out. Delta nine, DLT and F announces S supply partnership agreement with vivo cannabis, giving them access to vivos 20,000 medical cannabis patients.
Delta nine has been on the move recently, very much enjoying the visibility we're seeing for them, vivo cannabis, quite the opposite, uh, to, to me pre COVID, they were a darling of the Canadian cannabis industry. Uh, they were one of the first movers in e-commerce and then, um, nothing, I haven't heard much out of them at all.
So, uh, Delta nine and vivo, uh, I enjoy this partnership. I think two strong companies, but vivo, I think, uh, has some ground to make. Uh, but perhaps to Delta nine, John R Beth, not Ian Chatsy and team over there looking at price performance. Um, over the past week, month and three months, I ant this continues to be the three-month leader with 110 and a half percent growth over three months in credible ignite international brands.
That's Dan Bilzerian is brand, uh, not too far behind 105 and a half percent. How, uh, it felt keep that Dan Bilzerian is known to just do what he wants, but, uh, we'll, we'll see, uh, looking in the shorter term, even co that's a Canadian operator Eve, uh, is at 50% on the week, uh, on the month, you're looking at MGC pharmaceuticals at 45% on the loser side.
It's unfortunate because they were once one of my favorite stocks, but next screen. Down 27.9% over the line last month. Hexo one of the big losers over the three. Bang. Uh, this is an interesting one for me, 16.7% down over the last week, but they did just announce a major partnership, uh, with Belushi farms.
So, uh, that is something that I would say this might be a dip buying opportunity for bang B H and G specifically. Uh, this is Elliot lane with cannabis daily, lots to talk about today. I hope you got a lot out of it. A lot to look. Uh, over the next few days, uh, pay attention to us. Uh, benzinga.com/cannabis, uh, cannabis, our cannabis insider every week.
We love bringing you this news. Let us know how we can improve until tomorrow. Y'all.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
BENZINGA CANNABIS CAPITAL CONFERENCEThe premier gathering of cannabis entrepreneurs and investors in North America returns for a 2-Day Hybrid Event on October 14-15.
Speakers will include $SNDL and other major Cannabis Companies, for more information visit https://www.benzinga.com/events/cannabis/
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Episode Summary* The FBI has revised its employment policy to add a clause that applicants are ineligible if they've used cannabis more than 24 times after turning 18. * A nationwide referendum in Italy to legalize cannabis will likely take place early next year. * Switzerland has finally announced its highly anticipated three and a half year pilot scheme to implement the development of a recreational cannabis trial. * Paraguayan company, Better Body Hemp, unveils essential hemp cosmetic line.
Public companies talked about on the show:
- MedMen OTC:MMNFF
- SOL Global Investments Corp OTC:SOLCF
- Trulieve Cannabis Corp OTC: TCNNF
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Y'all it's Friday. What's up. This is Elliot lane with Benzinga here, hosting cannabis daily. I hope you all have had a wonderful week and made a ton of money trading cannabis stocks, and obviously paying attention to the news on benzinga.com/cannabis. Shout out to Javier and the editorial team. They're big.
Thanks to Aaron Thomas. Who's going to join us a little bit later with some cultural news, but let's go ahead and dive in to the industry. Uh, topics as it were no new news in three Chet chatted on the national defense act and safe being included. Since yesterday, people are very, very bullish on the fact that it's in the NDA.
Um, I think right now, Cory Booker, Chuck Schumer, few of the others are not crazy about the order of bills. This presents. They do not want safe facts to come before any type of social equity, criminal justice bill. Uh, they want to benefit the people before they benefit. Uh, corporations is really the thought process there and or they want the win.
However you want to look at. I don't have a lot of hope right now for this, but that being said, I do hope it gets through, uh, I'm just sparing my heart, the pain, um, cookies launches, a new product, combining non psychedelic mushrooms and THC. We all know cookies, the leading brand in the industry, uh, by burner.
For me, this product is a play for any type of psychedelic movement that can make globally in the future. I think it just sets them up for an entry. I don't really think this is that, you know, that mind boggling others have done this before. Like neon. So we'll see, uh, this performs in the cannabis audience, uh, as they, they probably hope it does.
Um, but mushrooms are an interesting selling point, I guess, next up Ben men releases Q4 highlights their ticker in M in F F up 55% year over year for Q4 with revenues up to 42 million up 18 and a half percent quarter over quarter. Their net loss decreased significantly year over year. From 526 and a half million in twenty twenty two, a hundred and fifty seven and a half million in 2021.
Significant decrease. Obviously med men was once the Juul of the industry, uh, the darling of cannabis, definitely not anymore, but, uh, it is good to see them make, uh, strides in the right direction. Uh, their management team had a lot. Of walls that were presented to them that I think they have overcome steadily, uh, and with very interesting.
Um, you know, basically, uh, getting assets off to red, white, and bloom, uh, getting assets off to others and focusing in on what they can do very well. So madman, I I'm a little bullish on in terms of trending up, not necessarily a stock pick, but, but I do think they are trending in the right direction and could see some more growth by the end of.
S O L C F that's. So global repurchasing up to $30 million in shares, pricing them between $4 and 5 cents to $4 25 cents. So global is an investment, private equity holding company in the cannabis sector been around for a while. And they recently had bloom medicinals, I believe, which they sold that asset to.
TC NNF one of our favorites truly leave is now incorporated in Mississippi, just waiting on that licensing structure to be released in the medical field. Uh, so y'all, I hope you are having a wonderful day so far, so let's turn it over to my good friend and producer Aaron Thomas. Who's going to bring us some more news, uh, on the cultural side of things, Aaron.
Yeah. What's up Elliot. How's it going? Zinger, nation. Hope you guys are having a fantastic Friday. Like I am, uh, Elliot. I hope you know, the weather in New York is much better. It's disgusting. It's awful. We'll get some sun next week. I think. Hopefully you brightened my day. How about that? Oh, I will. The east coast has been taken a hit, but let's uh, let's brighten your day here.
All right. Getting into it. The us house of representatives passed a defense budget bill Thursday evening income. That includes landmark ledge legislation to make it easier for banks to serve marijuana. I think this is going to be a huge, you know, you're going to see a lot more marijuana businesses pop up and it's going to be great for the community and economies.
Um, well, just as a quick aside, what did that Todd Harrison say? It's a spark in the dark it's light at the end of the tunnel. And I do hope it gets past as I mentioned earlier, but, um, you know, we'll, we'll see if Democrats can, uh, you know, just step aside from. Yep. More over in some, a U S news. The FBI has revised its employment policy to add a stipulation that applicants are in eligible.
If they've used cannabis more than 24 times after turning 18. This one kind of threw me for a loop. I was just like, what, how, how are you, how do you know, how are you ever going to know amount of times that someone's used cannabis antibodies that stay in your system? Ope, I see 24 antibodies from cannabis.
They've used it 24 times. Exactly. It's the FBI. I'm sure they have some kind of, you know, technology that, you know, we obviously don't know about. So there's that for us here and a little bit on let's let's get on, let's move into some international news. Italy may soon jump on the weed bandwagon, a nationwide referendum to legalize cannabis will likely take place early next year.
If Italian voters embrace dope, it will spark a domino effect across Europe. Did you just say embrace dope? Yeah.
All right, man. Well, you know what? That would be really good for companies like Cura leaf for companies like. Um, you know, take a look for those that are in the portrait ghoul and Spanish markets, as that creates a more, uh, direct pathway into the leading market in Europe, which is Germany. Uh, so that, that would be very interesting for, I think you're exactly right.
The domino effect, there would be a huge for a lot of the leaders globally. Totally. And I'm moving on to more Euro news. Switzerland has finally announced its highly anticipated three and a half year pilot scheme to implement the development of a recreational cannabis trial. You know, I think that that'll be important for that area.
I know Germany is not huge into the cannabis market, but they are getting. Uh, and this will definitely, you know, like it, like the Italy news, this definitely sparked that domino effect across your well, no market yet is huge in the cannabis we'll say in Europe, but that, you know, think of how many people are there in that continent.
I think it's somewhere around 750 million roundabouts. Um, that's a big, that's a big market. So companies want to position themselves across multiple countries. The UK, Italy, Spain, Portugal, Germany, Switzerland, um, you know, uh, Eastern Europe, so they can come into Germany easily. Uh, but you know, it'll be interesting to see how these, if the countries all have a similar distribution, cross border sales approach, you know, import export laws, you know, it's, it's gonna be a lot of jurisdictional conversation.
Uh, it's a long way from over, but it it's, it's interesting. To see all these markets, uh, kind of take steps toward cannabis legal. Yes, totally. Um, and then my last bit of news, you know, we just did the U S we did Italy. We did Switzerland. Let's let's let's give some, let am news. Yeah. Paraguayan company, better body hemp, uh, an unveil.
Essential hemp cosmetic line becoming the first company in the country and Latin America to use the non-psychoactive properties of cannabis to combine them with current technology to create natural products high in protein, rich and vitamin E and omega three, six, and nine. Very cool. Yeah, super cool.
You know, they're, uh, they're moving into more products. They're, you know, expanding the product lines and, you know, the applications of cannabis. So I definitely see, you know, a lot of economic benefits from this, uh, you know, expansion of, uh, cannabis products. Well, and I would personally say, keep an eye on that company to be an acquisition, to.
Um, flora growth just entered that market, but you know, if others want to like a Kyron life sciences or a clever leaves or a pharmacy yellow or an Africana. You know, companies that are establishing themselves in young markets, um, are interesting acquisition targets and M and a targets for larger regional and or global companies like the ones I just listed.
So, uh, that could be very interesting and I'm not sure that they're public. Um, but you know, maybe we can come back with that news next. But great updates, dude, a lot of global news there. And that was, uh, it's interesting. You know, I think the us is, you know, we take steps ourselves and then we take two steps back.
So let's hope that this is a giant step forward with the NDA as you. And I mentioned today, uh, and you know, hope for the best there because Lord knows this industry, uh, needs. It needs it just for the simple safety of those working in it so that there are less robberies and less cash on hand. Uh, it's ridiculous that these, these industries in legal state markets cannot bank their money.
Um, outside of that, Aaron, it's been a fun week. It's been an eventful week. Um, and I'm looking forward to doing this again Monday, my friend. I hope you have a fantastic. I will Elliot thank you for having me as always and shout out to zinger nation. Thank you for tuning in daily to cannabis daily Elliott is the man.
No Aaron, where the men love you. Dudes denomination. You guys have a great weekend. We'll see you Monday. See everyone.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
BENZINGA CANNABIS CAPITAL CONFERENCEThe premier gathering of cannabis entrepreneurs and investors in North America returns for a 2-Day Hybrid Event on October 14-15.
Speakers will include $SNDL and other major Cannabis Companies, for more information visit https://www.benzinga.com/events/cannabis/
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Episode SummaryCanadian cannabis sales increased 46% in July to a record USD 339 million. Aurora cannabis closing their Edmonton facility. We touched yesterday.
New Jersey, governor announces, he expects record sales to begin through medical cannabis channels in quarter one or Q2 of 2022, North Carolina Senate president indicated a medical cannabis bill, may not get a vote until next year
Public companies talked about on the podcast:
- Aurora Cannabis (NASDAQ: ACB)
- High Tide Inc (NASDAQ: HITI)
- Indiva Ltd (OTCMKTS: NDVAF)
- Trulieve Cannabis TCNNF (OTCMKTS)
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice.
Unedited Transcript:
Investors it's Thursday. What is up? This is Elliot lane with cannabis daily here at Benzinga as always a big thank you to my producer. Aaron Thomas hope y'all have had a better couple of days, uh, than the week started. I know we were in the red for one. Uh, hopefully we'll start to see some of this come back up, but we all know cannabis doesn't trade, like anything else.
So let's get to it. First and foremost, Canadian cannabis sales increased 46% in July to a record 339 million. I like seeing a new record for Canada. A lot of people bearish on that market and comparison, but I still think there are some fantastic companies there with a lot of international prospects. So keep an eye on that.
Uh, as it grows, as it continues to grow, we'll touch on a few of the Canadian companies here in a second. A couple of things I do want to touch on politically Booker that's. Senator Cory Booker. Uh, as opposed to the safe act and the national defense act, um, not overly surprising is everybody wants a win, I guess, but Chuck Schumer and Corey Booker will continue to push for their, a COA bill or what will be a bill, uh, that they proposed a few months ago.
Uh, the industry generally just believes is too broad to get anywhere. Uh, the industry wants safe banking and right now, uh, the Democrats, uh, are the ones in power and standing in front of it as the Republicans have done in the past, but politics being politics. Uh, hopefully we can get this through and this does not, um, get halted for the fifth time.
Aurora cannabis closing their Edmonton facility. We touched yesterday. Uh, on some happenings there, uh, this impacts 8% of their workforce. There's a $50 million cost associated with the facility. They're closing down, which I believe is the Aurora Polaris facility. Um, along with a cost, it is somewhat close to another Edmonton facility for Aurora.
Overall analysts are incredibly bearish on the figures of the company will report next week. Uh, in diva in D V a F announces a warrant incentive program, each unit will consist of one common share and one warrant gross proceeds to the company. If all warrants are exercise would be over 6 million, $800,000 Canadian, uh, in diva, kind of on a terror.
They are they PR they reported fantastic Q2 earnings. Uh, I think this is another initiative for them, uh, moving forward along with continuing to strengthen their brand portfolio and that investment from century bank Corp, uh, which is attached to sundial lesson DL, high tide NASDAQ listed H I T I opens to more retail cannabis stores in Ontario bringing their Canadian total to 97 97.
Dispensary's in Canada, 26 and Ontario. My thoughts on high tide is it's a fantastic brand. Um, you know, they, they don't do much, uh, publicity, we'll say they, they do it all in their operations, all in, uh, you know, what they're doing as a company. But to me that I wish they were a little bit more out in the public.
Uh, because right now it seems to me like they might be a massive M and H. Either way, H I T I is a wonderful, wonderful company that continues to grow at massive scale. Uh, every time we talk about them, New Jersey, governor announces, he expects rec sales to begin through medical cannabis channels in quarter one or Q2 of 2022, North Carolina Senate president indicated a medical cannabis bill, uh, may not get a vote until next year, uh, and last but not least.
Pablo's wattage of Cantor Fitzgerald raises the price target of true leave to $81. A share, keeping an overweight rating, maintaining a rank as one of his top cannabis. Pixie, although he does not put picks in, he puts the value of the stocks truly is definitely one of his favorites. Uh, having built such a massive footprint across this country.
This is Elliot lane with cannabis daily. I hope this has been helpful. We'll be back again tomorrow to wrap up the week, uh, until then you all make some money happy trading. We'll see that.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
BENZINGA CANNABIS CAPITAL CONFERENCEThe premier gathering of cannabis entrepreneurs and investors in North America returns for a 2-Day Hybrid Event on October 14-15.
Speakers will include $SNDL and other major Cannabis Companies, for more information visit https://www.benzinga.com/events/cannabis/
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Episode SummaryUS house is the top news of the day approving the safe act for the fifth time in the national defense act previously shot down three times.
The house rules committee did deny two items in the approach for the safe act here.They denied expansive research on benefits of psychedelics for active duty military members.
And they also denied to protect veterans from being denied home loans because they work in the cannabis industry.
Keep an eye on NASDAQ:ACB. Aurora Cannabis apparently had mass layoffs yesterday, perhaps setting themselves up for an acquisition, perhaps defaults. Overall ACB is not trending positively at the moment unless they come out with acquisition news.
Amazon will reinstate employees who were previously punished for positive cannabis tests. And then on the other side of that coin, they also claimed in a letter to senators that they have no views on marijuana regulations, legislation, legalization, it's almost as if they don't really care, it's just positive sentiment they're looking for.
But that being said, the action they're taking for their former employees, who were previously punished for cannabis use is definitely a step in the right direction and something, everybody should follow.
Public companies talked about on the podcast:
Aurora Cannabis Inc: NASDAQ:ABC
Body and Mind Inc OTC:BMMJ
Bevcanna Enterprises Inc OTC:BVNNF
Sundial Growers Inc NASDAQ:SNDL
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice.
Unedited Transcript:
Happy Wednesday investors, Elliot lane here with cannabis daily. I hope you're having a stellar week trading. I know it's been a little bit in the red so far, but we still have some interesting news on the cannabis side for you guys to pay attention to some interesting stock picks and news. So let's jump in lots happening, especially with the two top stories.
Uh, the U S house is the top of the day approving the safe act for the fifth time in the national defense act previously shot down three times by Mitch McConnell and once by Chuck Schumer. Many holding out hope for this, but most thinking Schumer will take it out for a second time. And for a fifth time, total, uh, we are hoping that doesn't happen.
As many people do not want to dive too far into the 1700 page act, uh, that is approved annually. Uh, you know, a large shout out to representative. I believe Perlmutter. Uh, he has been the hero behind this, so we'll keep an eye on that. And this. Um, but overall I'm 50 50 on whether this actually gets. The next biggest story to keep an eye on, not a lot of coverage on this yet.
A few, uh, have written about this, but keep an eye on ACB. Aurora cannabis apparently had mass layoffs yesterday, uh, perhaps setting themselves up for an acquisition, perhaps defaults. We're not quite sure yet. Overall ACB is not trending positively at the moment unless they come out with acquisition news.
Uh, and it's kind of a case where they put a sign out and say, please take me. Uh, at this point they've not had a very positive 20, 21 they're trending down compared to all of their Canadian brethren. Um, I do hope ACB gets it together, but their management has been relatively slow to act this year. So overall.
It doesn't look to be a good situation. Uh, but I hold out hope for ACB something to keep an eye on as news from. That let's see the house rules committee did deny two items, uh, in the, uh, approach for, for the safe act here. Uh, they denied expansive research on benefits of psychedelics for active duty military members.
And they also denied to protect veterans from being denied home loans because they work in the cannabis industry. Long way to go. Y'all um, last but not least on the legislation side, Amazon will reinstate employees who were previously punished for positive cannabis tests. And then on the other side of that coin, they also claimed in a letter to senators that they have no views on marijuana regulations, legislation, legalization, uh, it's almost as if they don't really care, it's just positive sentiment they're looking for.
But that being said, uh, the action they're taking for their former employees, uh, who were previously punished for cannabis use. Is definitely a step in the right direction and something, everybody should follow. One of my favorite executives in the space at body and mind. His name is Michael Mills, B M M J as their ticker, inter the Michigan market with a dispensary and a grow facility.
It's been a big 20, 21 for them, for Mike and the body and mind team over there. They moved very slowly across 20 18, 19 and 20. And they've really picked up the pace this year. And, uh, our, one of the share price. Uh, leaders in terms of, uh, positive, uh, trends in the cannabis space this year, I think in the past three months, the rep around 40%.
So keep an eye on BMJ and underrated MSO in one that's 100% on the rise with a very interesting footprint. Bev can have stock plunged after their embark health acquisition. That's BV in NF. I personally liked the nanotechnology addition enhancing their beverage portfolio. Uh, that is what they. Uh, and that technology is very, very vital, uh, to mimicking the effects of alcohol, uh, for THC beverages.
For those that can't drink alcohol, uh, this will provide a very similar, um, incremental, uh, high, if you will. Um, so the nanotechnology addition, I like, but I feel the market did not like the terms of the acquisition. So, uh, ideally they can prove out that acquisition over time. Uh, for BB and N F last but not least sundial financing arm, sun stream bank Corp helps.
Sky mint, complete acquisition of three 15 cannabis. Uh, they were also joined by Meredith capital holdings in this, I believe it was around a $78 million acquisition. Uh, this is a big acquisition for Skynet, who is one of the private leaders in Michigan market. The third largest cannabis market in the UK.
Um, but I think the big news here for me is the S and D L sensory bank Corp. I have been very high on this investment arm for them taking in and diva taking in several other incredibly smart investment opportunities. Uh, I'm bullish on sundial right now. Uh, I think they will start to grow at a regular stages as, uh, you know, after the meme stock craze.
Uh, and I think S and D L is poised for a fantastic next few. This is Elliot lane with cannabis daily, as always. Thanks to Aaron. Thomas. Hope you all are having a wonderful week out there. Stay safe, stay healthy, and we'll see you tomorrow.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
BENZINGA CANNABIS CAPITAL CONFERENCEThe premier gathering of cannabis entrepreneurs and investors in North America returns for a 2-Day Hybrid Event on October 14-15.
Speakers will include $SNDL and other major Cannabis Companies, for more information visit https://www.benzinga.com/events/cannabis/
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Episode SummaryFlorida activists file another bill to legalize adult cannabis use.
Tilray's Stock Could Be In For A Ugly Move If It Can't Hold Above A Key Level
Stocks we talk about on the podcast:
- OTC:$TLLTF
- OTC:$STMH
- NASDAQ:$TLRY
- NASDAQ: $HEXO
- NYSE:$SMG
Hosted & Produced By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice.
Unedited Transcript:
Friends investors, zingers it's Elliot lane with cannabis daily. Hope you all had a wonderful Monday and are having an even better Tuesday so far as always. Thanks to Benzinga and the producer here, Aaron Thomas. He is the man a little lighter news morning than yesterday, but definitely some items to touch on.
Let's get started, Florida activists file another bill to legalize adult use. I think they do this once every other month, uh, to no avail. Uh, I'll have hope when it makes it through, but it definitely would be a huge bit of news for those such as TCN and F truly air wellness, Ayr, WF consortium, that's C and T M F a.
So keep an eye on that news. If it does legalize opens up opportunity for those that are already, uh, have a monstrous footprint there, Gary Santo, he is the head man, the head hunter. Over at tilt. That is T L L T F tweets about 30 minutes ago. Uh, that they're opening a second to dispensary in Massachusetts, soft opening October 1st, grand opening, October 16th.
Exciting news for Gary. They've been a bit quiet lately, but, uh, overall love tale, love what they do. They work with everybody massive player in this industry. And I think setting themselves up to be a long time. A staple of the cannabis space. So keep an eye on T L L T F a in all the conversations we have here, as they work with MSOE in a wholesale capacity, uh, they have, uh, uh, Jupiter, uh, they have tons of ways they can work with people, including medical cannabis, S TMH that's driven by stem or stem holdings acquired artifact extracts yesterday, an extractor in Oregon, known for its award-winning concentrates, along with two dispensers.
Now Oregon is nothing to write home about when you expand into Oregon, just due to how much opportunity there is to be an Oregon. Uh, but it is important for stem to expand further into the west coast. Uh, they are a big old brand portfolio, but I believe they are farm to table vertically integrated. Uh, I love their acquisition of driven deliveries a while ago, and I think they'll be around for a little bit, but, uh, stem is one of those where they, they could be an M and a target, or they could continue to grow organically.
A little bit of an underdog in this industry right now until they, uh, start duking it out with the tier one operators, a little down the line per new cannabis ventures, three anciliary stock showing good entry points at a Scott's miracle grow, uh, and their investment arm Hawthorne, uh, grow generation and hydro farm.
Uh, so keep an eye on the anciliary plays in this industry. I think that also holds over to. K E R N urban gro UGR oh, perhaps Leafly, uh, when they do spec, but overall, the anciliary site has always been important to the cannabis capital markets. Connecticut patients can grow their own marijuana, medical, marijuana, excuse me, medical marijuana, starting October 1st, I check out a new Tilray article T L R.
Uh, on benzinga.com/cannabis needs to hold above a key resistance level. This is very important for their stock. Uh, this is an incredible article by Javier and his team. So please head over there to check that out. I, I P are the leading REIT, uh, in Canada. Uh, enters the Missouri market via 28 and a half million dollar deal with Calex peak.
Count's peak is a very large private operator, private MSO in this space been very quiet this year. Uh, but this could be a very interesting entrance point there as Missouri has been a talking point recently with heritage. Uh, and the several others taking a extensive looks into that market last but not least after looking at a lot of charts this morning of the major stocks like CGC, like OGI like, FLDC like Yolo.
Uh, like Hexo, uh, they have a very similar pattern, uh, with a small dip, a recover and a long depth, longer depth and a recovery yesterday or over the past two days. But really yesterday, uh, I'd love to see, uh, that continued to rise. Um, obviously I, I do believe it will fall a little bit upon opening, but, uh, hopefully we see that, uh, trending up today.
And w I think overall it's a reflection upon the. And the sentiments on the market, which alas, as we all know, has little to do with the technicals of the cannabis space. This is Elliot lane with cannabis daily, uh, bringing you stock news and picks in the cannabis industry every weekday morning as always.
Thank you all for listening. We'll do this again tomorrow.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
BENZINGA CANNABIS CAPITAL CONFERENCEThe premier gathering of cannabis entrepreneurs and investors in North America returns for a 2-Day Hybrid Event on October 14-15.
Speakers will include $SNDL and other major Cannabis Companies, for more information visit https://www.benzinga.com/events/cannabis/
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Episode SummaryThe safe act has a chance has a chance with the national defense act, to be included. if it can make it through, this would be huge, absolutely huge for the industry.
Larger MSOs are getting significant, less percentages on debt and loans. So something to keep an eye on, more for the Tier 3 operators. And potentially Tier 2 operators as we move forward.
Stocks talked about on the podcast:
NASDAQ:$HEXO
OTC:$CWBHF
CNSX: $NGW
Hosted By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice.
Unedited Transcript:
Investors it's Monday. Welcome back to a week of making money in the green that's cannabis stocks and news. This is Elliot lane with cannabis daily from Benzinga. Thanks as always to Aaron Thomas, our fearless producer, a lot of news this morning. Points to discuss first, let's start with the talk of the town.
The safe act has a chance has a chance with the national defense act, uh, to be included. I believe it's a 1700 page act and nobody really wants to hold. So there is a chance that it gets through. Ironically, the biggest worry at the moment is Senator Schumer, uh, who is one of the biggest advocates for legalizing.
So we'll see if it can make it through, uh, this would be huge, absolutely huge for the industry. If safe could make it through more transparency from the MSO level, less robberies, as there will be less cash around all of this, ideally leading to less cartel activity. Belt black market demand. I believe in California alone, the black and gray market is around a billion dollars leading to far more sales for those already in the space, uh, creates more opportunity for social equity financing.
Uh, this is a huge step forward at this can get past it. Potentially necessitate the need for uplifting to us exchanges, uh, which would be a massive push forward and help cannabis stocks start to reflect their technicals and fundamentals. So, uh, something that I'm keeping an eye on it, there's nothing that you can do, but keep an eye on it.
But, uh, this would be absolutely massive. Uh, larger MSOE are getting significant, less percentages on debt and loans. GTI 7% loan Verano, 9.7, 5% of sin, 9.5. Compare that and those two item nine labs, 16% can source them who is also fluent cannabis, 13%, several other examples of this, but, uh, the MSOE are, are definitely, uh, getting significantly, uh, better rates on debt right now.
So something to keep an eye on, more for the tier three operators. And potentially tier two operators as we move forward. A bit of international news, Italy likely to hold a referendum to decriminalize cannabis. Next year. When I think of that, I think of till rape and they've canceled. I think of a flower cor uh, several of these international producers, maybe Alafia health gets involved.
Uh, former Pennsylvania Republican representative joins the board of red, white, and bloom. That's RWB YF and air wellness opens up a new dispensary in west Pensacola, Florida, uh, that has Ayr WF making 41 stores in the state. Putting up a nice fight with true leave, but truly it's still absolutely dominating that market to end the day.
I want to talk a little bit of price performance. Thanks to paradigm capital licensed producers and international stocks are not doing well over the last month. Both dropping between nine and 10%. Um, respect. Uh, those that are doing somewhat well are really just breaking even and investment companies and ciliary companies, extractors MSOE are down a little less than 1% on the month.
Uh, and in the one week performance investment companies are up about half percent. Uh, that being said more specifically, I ant this continues to be the leader in, uh, one month and three. Performance, uh, it's 95% almost in the three month performance. Uh, the biggest loser I see across the board is really Hexo, uh, Hexo continues to drop, I think over the last month, around 40%, over the last three months, around 63 and a half percent.
Um, I'd love for them to continue to push out good news. Like the sustainability effort. There's a lot to like about Hexo. Uh, they are not getting a lot of love in the markets. Uh, some other laggards to keep an eye on include next GreenWave and Charlotte's web both strong companies, uh, but both perhaps, uh, dip buying opportunities.
Uh, at least I'm keeping them on my watch list. This is Elliot Lee, and I hope this is an interesting and useful start to your week with cannabis daily. Looking forward to doing this again tomorrow, go make some money. All.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
BENZINGA CANNABIS CAPITAL CONFERENCEThe premier gathering of cannabis entrepreneurs and investors in North America returns for a 2-Day Hybrid Event on October 14-15.
Speakers will include $SNDL and other major Cannabis Companies, for more information visit https://www.benzinga.com/events/cannabis/
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Episode SummaryBeverage space is definitely going to be a sector. So alcohol needs to honestly start moving into the sector soon because you already saw Tilray's acquisition of Sweetwater.
- NASDAQ:$ACB
- NASDAQ:$UGRO
- OTC:$CANN
- NASDAQ:$TLRY
Cannabis Culture:
- A dispensary in Arizona is raising money to fight breast cancer. The creative way by trading old bras for new products.
- CEO of Curaleaf OTC: CURLF yesterday announced a new project that will release a product that gets you high in increments of, in increments, similar to alcohol, but a great alternative for those that don't like alcohol.
- College age adults are getting high at historic levels. College students are using cannabis and psychedelics at a higher rate than past years.
- Tennessee granny flips off the police in a mugshot after a Cannabis farm bust.
Hosted By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Unedited Transcript:
Y'all it's Friday happy Friday Elliot lane here with cannabis daily. I hope all of you have had a successful, we can trading. It's definitely been up and down, uh, for myself, but I think we're ending the week on a high note. So very excited about that. Uh, as promised Aaron Thomas is coming on in a little bit with some cultural news, uh, devil or nothing today, my friend.
Well, let's go ahead and dive into some stocks. Pablo's one. From Cantor Fitzgerald, uh, lowers the price target again for Aurora cannabis. That's ACB to $8 30 cents Canadian from $9 Canadian. The medical sales domestically make up about 90% of earnings in. Just leading that segment of the industry in Canada by massive amounts, but their recreational sales continue to take hits and decline.
So Pablo is neutral on them. Uh, he's not bearish at this point. Um, and he's not at a sell at this point, but you know, nice to note that they could be a medical leader, but they are not, uh, making the strides they need on the recreational side. So, uh, we'll continue to monitor that. I think a watch list or.
Uh, not quite ready to throw in some money there, keeping an eye on urban grow. That's UGR throw on the NASDAQ. I don't want to see them hit another low, uh, on the monthly charge. I want to see them a rise from where they are and if they do, I think, uh, the stock. I have a very nice into the year. B M M J that's body and mind closes in Ohio dispensary and processing facility with a mix of cash and stock, uh, body and mind, according to paradigm capital, uh, on the last.
Is that 41.9%. Y'all 41.9%. They're not a high price in terms of their share price, but, uh, I love Mike Mills. I think he is a really, really phenomenal CEO in this space. Uh, and he has been relatively quiet until 2021. Uh, now he's starting to make moves. So B M J on the OTC, uh, Uh, and I will continue to be in Mike's court for the time being a terrorist NTRs SF receives Michigan pre-qualification approval for gage acquisition.
Uh, so great news there, uh, in M S O S that is the ETF from advisor shares is up 8% on the year, uh, at a good point right now for them to see a nice little rebound upwards. Uh, so let's see what they can do over there, but, uh, that, that is good news. And I think. Uh, MSOE is about to see a nice spike. Uh, that's it for me, Aaron Thomas, are you there?
My friend, what's going on? Zinger nation. Thank you for tuning into cannabis daily. Uh, you know, Elliot's been killing it throughout the week and you know, I wasn't, I wasn't on the podcast last week, but hopefully, you know, I make up for it this week as Elliott. Allie has been teasing all week. You know, we're excited over here.
Let's get into it first up. So Arizona dispensary beach is trading pre-rolls for bras to fight breast cancer. A dispensary in Arizona is raising money to fight breast cancer. The creative way by trading old bras for new products. I love that. Yeah, that's a good example. I mean, we're seeing a lot more, we talked to Cameron Forney yesterday.
I know you're going to get into that in a second, but, uh, you know, to see this industry take up arms for battles we've been fighting for decades, uh, I think is only going to help move this industry forward further. And that's a selfish statement, I guess, on my own part, but, uh, we're a community we're all in this together.
And I love hearing stories like. Yeah, same. Um, also Cameron Forney. Uh, I'm going to get into that in a second, but he also did touch on, uh, you know, the packaging, uh, in cannabis and how it's, you know, very atrocious and everything. And this got, got me to, uh, got me to thinking, you know, the different types of initiatives that, you know, cannabis could introduce such as, you know, recycling programs for discounts, you know, things that could reduce the overall.
Uh, you know, waste, I guess, something more sustainable. Yeah. Well, we talked about Hexo doing that. They reached carbon neutrality, um, by basically eliminating what would be about three and a half million, tons of plastic water. Um, or three and a half, uh, sorry, not three and a half million tons, three and a half million plastic water bottles.
Um, so I mean, Hexo is doing it in Canada. Uh, obviously clearly if making an effort to do it here and Cameron with his mentors, I, I it's just so important. Investors are, are actively looking for who has sustained. Yep. Absolutely. And, and the retail investors as well are looking for, you know, that long-term play.
And then for company aligns with their goals, then. So moving on, you know, more on Cameron Forney guys, if you guys didn't tune into the Benzinga cannabis, our catch us weekly 4:00 PM to 5:00 PM Eastern on Benzingers YouTube channel. But yesterday we were joined by Cameron Forney, the president of select and special advisor to the CEO of curely yesterday.
He announced a new project, a hyperscale ventures that looks to release a product. That gets you high in increments of, in increments, similar to alcohol, but a great alternative for those that don't like alcohol, what do you think, Elliott? I mean, it's brilliant, you know, and I've always asked the question is the cannabis beverage space going to be closer to cannabis or alcohol?
And to me, this venture makes it closer to alcohol, but almost better than alcohol, you know, this is, I mean, it's so much better for you than alcohol, and that is a scientific fact. So I mean, the fact, if he can be successful with this, this is, uh, an incredible step for this segment of the canvas. Most definitely.
Um, I'm very interested in following this project and hearing more about it. Um, so moving on just a few more news items or cultural news items, I should say. Uh, if you haven't heard college age, adults are getting high at historic levels. Elliott, uh, college students are using cannabis and psychedelics at a higher rate than past years.
While alcohol use is at a record low, you know, It's their laundry gateway drug. You know, I think we should all get rid of that terminology. Um, it's no longer a gateway drug. Um, and that, that being said, it's not legal everywhere. So, you know, if you're, if you're smoking in a state where it's not legal, Be be, be careful, be safe.
Yeah. Um, you know, and, and psychedelics, you know, that's, that's a whole other discussion that I'm not going to advise anybody on, on this podcast, but, uh, it's not ultimately surprising. So, you know, and, and I think there's a comparison there with alcohol. Right. Um, let's see, in terms of like alcohol use going down.
Yeah. So, uh, Let me find here. Um, well it essentially, I mean, basically cannabis use is going up. Alcohol use is going down. Yeah. I've been going down since 1980 is what he was saying. So. Pretty cool to see. I mean, it is, I like seeing this and hearing about it because, you know, it's, it's great to hear that teens aren't getting, you know, like blackout, um, alcohol, um, every week they're, you know, controlling themselves.
They're having real relaxed nights and with cannabis, they're allowed to, you know, control, you know, their, their high a lot more, or, you know, their night to be more safe and such. Yeah. I mean, It's encouraging for this industry. It should be. And I think you can mix the two spaces with what Cameron's doing with what can C a N N is doing as a brand.
Uh, canopy and air are both making steps in the beverage space. It's going to be a sector. So alcohol needs to honestly start moving into the sector soon because you already saw till Ray's acquisition of Sweetwater. Last three flights, Ivonne I've been on, I've had a Sweetwater. You know, so, I mean, they're everywhere like Tilray is, is already making moves into the alcohol space.
I don't know what the alcohol space is waiting on in terms of getting into the cannabis space. Anyways, that's a longer conversation maybe for a canvas, our most definitely. And from me the last item, let's end it on, you know, a light hearted, you know, funny note. So in Tennessee, a granny. Uh, it was a granny has been caught or not caught.
There's an article that states that granny flips off the police in a mugshot after a cannabis farm bust. Yes. This Tennessee woman was not about to go down without making a statement. Uh, so apparently when law enforcement officers searched the elderly women woman, And farm last Monday in Jackson county, Tennessee, they definitely got more than what they bargained for.
Uh, Peggy Brewington told officers there was maybe announced maybe an ounce of pot on our farm before officers searched the premises and found dozens of cannabis plants, and 20 pounds of.
Lea crud pet Peggy don't mess around, man. Peggy is about to become an industry hero. I'll tell you that right now, if that picture goes viral, which you may already have, that you got. Uh, keynote at one of our events I'm coming. She's got her mask on. It looks like it might be a Hawaiian shirt. And, uh, she's definitely showing no emotion.
Just flipping off the camera. It's fantastic. She's like down with this BS. Oh man. That's great. That was a good one to end on Aaron. Thank you. Yeah, of course, of course. Happy to do it for you guys and zinger nation out there. Thank you for tuning in, uh, you know, I hear that we have. Listeners tuning in from all over the world.
First of all, wanna thank all of you guys out there and singer nation, wherever you're joining from. Thank you for joining us, uh, daily cannabis, uh, for cannabis daily, for stock ideas, you know, trade, trade ideas and news, but we, we appreciate you guys. Absolutely. And Aaron, appreciate you, my friend. Thank you for doing this every Friday.
Uh, we'll see you guys on Monday until then have a fabulous. Yep. Thank you. Thank you everyone. Take care.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
BENZINGA CANNABIS CAPITAL CONFERENCEThe premier gathering of cannabis entrepreneurs and investors in North America returns for a 2-Day Hybrid Event on October 14-15.
Speakers will include $SNDL and other major Cannabis Companies, for more information visit https://www.benzinga.com/events/cannabis/
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Episode SummaryOttawa-based HEXO Corp from achieved carbon neutrality by offsetting 25,965 tons of carbon. That is the equivalent to more than three and a half million plastic bottles.
Michigan lawmakers don't really like a caregiver home cultivation.
There has been several bits of news there over the past six months or so about caregiver, home cultivation and it's not trending in a positive direction. So I think it's really interesting to take a second and see what the Michigan MSOs will do. This is not a popular thing that Michigan lawmakers are doing right now.
Stocks we are looking at today:
- OTC:$AYRWF
- $FLGC
- $HEXO
- $LOWLF
- $AUSAF
- $HCANF
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Hosted By:
Elliot Lane
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
BENZINGA CANNABIS CAPITAL CONFERENCEThe premier gathering of cannabis entrepreneurs and investors in North America returns for a 2-Day Hybrid Event on October 14-15.
Speakers will include $SNDL and other major Cannabis Companies, for more information visit https://www.benzinga.com/events/cannabis/
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Episode SummaryMidWeek Cannabis Stocks to watch.
Stocks we are looking at today:
- OTC:$GLASF
- NASDAQ:$VFF
- OTC:$GPFT
- NASDAQ:$LFST
- OTC:$FFLWF
- OTC:$TRSSF
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Hosted By:
Elliot Lane
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
BENZINGA CANNABIS CAPITAL CONFERENCEThe premier gathering of cannabis entrepreneurs and investors in North America returns for a 2-Day Hybrid Event on October 14-15.
Speakers will include $SNDL and other major Cannabis Companies, for more information visit https://www.benzinga.com/events/cannabis/
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Episode SummaryMore than half of tested CBD coffees and teas had an inaccurate CBD level.
New Jersey Governor Phil Murphy tweeted "362,000 marijuana cases already expunged. Thousands more to come. With our new cannabis laws, we are turning the page on the failed War on Drugs and ensuring social justice here in New Jersey."
Lots of news regarding Biden and the pace he's taking with the marijuana legalization, as well as translating that to the opioid crisis. More of a political scene today in the cannabis industry, and we'll see how this plays out over the remainder of the trading day.
Stocks we are looking at today:
- OTC: $JUSHF
- OTC: $HCANF
- OTC: $PCLOF
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Hosted By:
Elliot Lane
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
BENZINGA CANNABIS CAPITAL CONFERENCEThe premier gathering of cannabis entrepreneurs and investors in North America returns for a 2-Day Hybrid Event on October 14-15.
Speakers will include $SNDL and other major Cannabis Companies, for more information visit https://www.benzinga.com/events/cannabis/
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Episode SummaryJUSHF officially enters into the Massachusetts market by completing their acquisition of Nature's Remedy. This is a single state operator in the state. I believe the deal was around 91 million, but overall, a very important one and a very difficult market to get into so props to and JUSHF their team there for making that happen.
Oversupply of cannabis in California is putting significant downward pressure on wholesale prices and will impact all cannabis companies with operations in the States. So let's hope that this is a short-term problem. Obviously the black and gray markets in cannabis are also putting pressure on this. So the sooner we can get politicians behind it as well, the more this will help, but keep an eye on that and keep an eye on California companies and how they perform, given this statement.
Stocks we are looking at today:
- OTC:$HITIF
- OTC: $HERTF
- OTC: $JUSHF
- OTC: $HCANF
- NASDAQ: $VFF
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Hosted By:
Elliot Lane
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
BENZINGA CANNABIS CAPITAL CONFERENCEThe premier gathering of cannabis entrepreneurs and investors in North America returns for a 2-Day Hybrid Event on October 14-15.
Speakers will include $SNDL and other major Cannabis Companies, for more information visit https://www.benzinga.com/events/cannabis/
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Episode SummaryFDA rejected applications for nearly 950,000 vaping products, but said it needs more time to review proposals from Juul.
Friday before labor day was the second highest grossing sales day of 2021 in Cannabis.
California bans sale of Delta 8 THC outside of regulated cannabis channels. But as CBD becomes regulated and THC becomes federally regulated, it becomes less of an actual product of the future
Nevada vets can now treat animals with cannabis products starting in October.
Stocks we are looking at today:
- OTC:$RWBYF
- OTC: $TGODF
- OTC: $NLCP
- NASDAQ:$FLGC
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Hosted By:
Elliot Lane
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
BENZINGA CANNABIS CAPITAL CONFERENCEThe premier gathering of cannabis entrepreneurs and investors in North America returns for a 2-Day Hybrid Event on October 14-15.
Speakers will include $SNDL and other major Cannabis Companies, for more information visit https://www.benzinga.com/events/cannabis/
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Episode SummaryMissouri saw over a $100 million in medical marijuana sales in 2021 July hit record sales with north of $21 million.
Marijuana use among college students hits historic high in 2020 as alcohol use declines.
The topic that's making the most rounds over the past few days is MSO prices continue to decrease as sales climb.
If You Can Buy Only One Cannabis Stock, Consider This One
Stocks we talk about on the show today:
- OTC:$TRSSF
- NYSE:$ZYNE
- NASDAQ:$SNDL
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Hosted By:
Elliot Lane
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
BENZINGA CANNABIS CAPITAL CONFERENCEThe premier gathering of cannabis entrepreneurs and investors in North America returns for a 2-Day Hybrid Event on October 14-15.
Speakers will include $SNDL and other major Cannabis Companies, for more information visit https://www.benzinga.com/events/cannabis/
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Episode Summary$JUSHF on the OTC opens their 22nd dispensary. This is their 15th store in Pennsylvania and seventh in that specific area within the state. $NDVAF on the OTC has received a ton of positive sentiment after their strong earnings.
Tickers we talk about today:
- OTC:$JUSHF
- OTC:$NDVAF
- NASDAQ:$UGRO
- NASDAQ:$OGI
- NASDAQ:$SNDL
- NASDAQ:$TLRY
- OTC:$GTBIF
- OTC:$AYWRF
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Hosted By:
Elliot Lane
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
BENZINGA CANNABIS CAPITAL CONFERENCEThe premier gathering of cannabis entrepreneurs and investors in North America returns for a 2-Day Hybrid Event on October 14-15.
Speakers will include $SNDL and other major Cannabis Companies, for more information visit https://www.benzinga.com/events/cannabis/
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Episode SummaryArkansas medical sales nearing USD 400 million. The amount of marijuana sales in the US over the last 90 days is USD 1.4 billion. USD 1.4 billion is also the taxable cannabis sales in California in Q2.
Tickers we talk about today:
- CNSX: SLNG
- CSE: TRUL) & (OTCQX: TCNNF)
- OTC:$AYWRF
- OTC:$CURLF
- OTC:$VRNOF
- OTC:$RWBYF
- TSE:$HMMJ
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Hosted By:
Elliot Lane
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
BENZINGA CANNABIS CAPITAL CONFERENCEThe premier gathering of cannabis entrepreneurs and investors in North America returns for a 2-Day Hybrid Event on October 14-15.
Speakers will include $SNDL and other major Cannabis Companies, for more information visit https://www.benzinga.com/events/cannabis/
Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Episode SummaryIllinois cannabis sales up 91% in the month of August YoY to 122 million. Now that's down 4.6% from the record setting month of July in 2021, which was around 129 million so far. For 2021, Illinois has seen 875 million from adult use sales. That's up 140% from this time last year. And here is the interesting tidbit that we should all keep an eye on. Non-residents make up 33% of total sales. That is absolutely insane, but it goes to show you how much cannabis is being searched for in the states where it's not quite legal yet.
The Indiana Supreme court ruled that police may establish probable cause for a search warrant if they believe they smell raw marijuana in comparison to New Mexico, where regulators will host a workshop for people considering exploring business opportunities in the cannabis industry on Tuesday
Aaron's Friday Cannabis News:
Amazon has a solution for it's potentially crippling shortage of delivery drivers. It will stop testing applicants for marijuana or cannabis.
Arizona court clears over 3,600 cannabis charges in a clean sweep. So Maricopa county maintains the lead in Arizona's expungement process.
Tickers we talk about today:
- OTC:$CRLBF
- TLV:$INCR
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Hosted By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to
cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Episode Summary The DEA seeks to increase federal production limits for both siliciden and marijuana research.More positive news coming out from federal sides and legal sides.
NYSE:$YCBD shares closed up 9.3% yesterday, set to launch an e-commerce subscription platform through one of their subsidiaries applied for an agricultural hemp license in Arizona two days ago.
Related News:
TerrAscend to Acquire Gage Cannabis
The DEA Seeks To Increase Federal Production Limits For Psilocybin And Marijuana Research
Tilray Stock Attempts Bullish Break As Seasonal And Political Catalysts Approach
Stocks we talk about today:
- NASDAQ:$TLRY $12.54 support- look for a bullish break out
- NYSE:$YCBD
- TSE:$WEED positive uptrend expected - add to your watchlist
- OTC:$DLTNF
- NASDAQ: $FORA keep an eye on in psychedelics cannabis, healthcare, and more
- OTC:$AYRWF expand in Pennsylvania with $80 million dispensary deal
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Hosted By:
Elliot Lane
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Join the Virtual Benzinga Crypto Festival today watch LIVE hereWelcome to Cannabis Daily - Your daily guide to
cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Episode Summary Interesting day of news. I want to start right off per Todd Harrison on Twitter. $TRSSF and $GAEGF have both halted this morning. See Tweet .
Panama's Congress, unanimously legalizes marijuana.
News Update:TerrAscend to Acquire Gage Cannabis
Stocks we talk about today:
- $TRSSF
- $GAEGF
- $HRVSF
- $PLNHF
- $GTBIF
- $VLCNF
- $GNLN
- $HEXO
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Hosted By:
Elliot Lane
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
BENZINGA CANNABIS CAPITAL CONFERENCEThe premier gathering of cannabis entrepreneurs and investors in North America returns for a 2-Day Hybrid Event on October 14-15.
Speakers will include $SNDL and other major Cannabis Companies, for more information visit https://www.benzinga.com/events/cannabis/
Welcome to Cannabis Daily - Your daily guide to
cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Resources:
Friday's Episode : Instagram Blocks Cannabis Content; How To Roll The Best Blunt | Cannabis Daily August 27, 2021
Episode SummaryOhio ballot board votes to approve the statute to regulate marijuana like alcohol as a single issue. The Ohio legislative body has four months to act on this news. Otherwise it will go to Ohio ballots.
Allowing public smoking of marijuana leads to bigger arrest decline in New York city than any other legalized market.
Medipharm labs CBD is being used in an insomnia treatment study.
$GTI another secondary with early shareholders selling 2.6 million worth of shares to institutional buyers in a private placement.
- Cookies LLC
- $HITIF
- $KHRNF
- $MEDIF
- $GTI
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Hosted By:
Elliot Lane
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
BENZINGA CANNABIS CAPITAL CONFERENCEThe premier gathering of cannabis entrepreneurs and investors in North America returns for a 2-Day Hybrid Event on October 14-15.
Speakers will include $SNDL and other major Cannabis Companies, for more information visit https://www.benzinga.com/events/cannabis/
Welcome to Cannabis Daily - Your daily guide to
cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Resources:
Friday's Episode : Instagram Blocks Cannabis Content; How To Roll The Best Blunt | Cannabis Daily August 27, 2021
Episode SummaryCannabis companies continue to be on the forefront of ESG and treating employees well.
Theory Wellness, a Massachusetts private producer, to pay out 300,000 to 282 employees for premium pay that they were owed per a judge in Massachusetts for Sundays and holidays worked for Sundays and holidays worked.
Stocks we talk about today:
- $VLNCF
- $FAF
- $AAWH
- $FIORF
- $VFF
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Hosted By:
Elliot Lane
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
BENZINGA CANNABIS CAPITAL CONFERENCEThe premier gathering of cannabis entrepreneurs and investors in North America returns for a 2-Day Hybrid Event on October 14-15.
Speakers will include $SNDL and other major Cannabis Companies, for more information visit https://www.benzinga.com/events/cannabis/
Welcome to Cannabis Daily - Your daily guide to
cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Episode SummaryNew York coming into the spotlight with new governor, Kathy Hochul is ready to get the New York cannabis program back moving.
Friday Cannabis News:
- Instagram targets Cannabis specific target and takes them down
- Immersive Van Gogh Exhibit in New York City to host a cannabis night.
Marijuana Money: Rapper Kid Cudi Seeks To Hire A Professional Blunt Roller
- Need a new job? Roll blunts
Tickers we talk about today:
- $CYBN 300% growth price target $9
- $JUSHF lacks growth
- $CCHWF $5.50 price target
- $INLB expands into Nevada
- OTC: $NDVAF revenues spike 255%
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Hosted By:
Elliot Lane
Aaron Thomas
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
BENZINGA CANNABIS CAPITAL CONFERENCEThe premier gathering of cannabis entrepreneurs and investors in North America returns for a 2-Day Hybrid Event on October 14-15.
Speakers will include $SNDL and other major Cannabis Companies, for more information visit https://www.benzinga.com/events/cannabis/
Welcome to Cannabis Daily - Your daily guide to
cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Episode SummaryArizona brings in $21 million marijuana tax revenue in July.
Tickers we talk about today:
- $TGODF switch TSX to CSC
- $HEXO brings in new HR exec
- REDECAN
- Hot Debates in New Jersey Cannabis Market
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Hosted By: Elliot Lane
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
BENZINGA CANNABIS CAPITAL CONFERENCEThe premier gathering of cannabis entrepreneurs and investors in North America returns for a 2-Day Hybrid Event on October 14-15.
Speakers will include $SNDL and other major Cannabis Companies, for more information visit https://www.benzinga.com/events/cannabis/
Welcome to Cannabis Daily - Your daily guide to
cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Episode SummaryNorth Carolina senators approve medical marijuana bill in a committee.
New Mexico beginning to accept adult use licenses this week.
Tickers we talk about today:
- $ ACB, Aurora Germany, successfully delivered the initial shipment for French medical cannabis pilot program
- Gage Cannabis extends their partnership agreement with COOKIES
- $HEXO -closes public offering
- $OGI - continues product expansion and distribution
- $CBDHF - releases guidance
- $JUSHF reported Q2 earnings
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Hosted By: Elliot Lane
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to
cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Episode SummaryBENZINGA CANNABISCAPITAL CONFERENCEThe premier gathering of cannabis entrepreneurs and investors in North America returns for a 2-Day Hybrid Event on October 14-15.
Speakers will include $SNDL and other major Cannabis Companies, for more information visit https://www.benzinga.com/events/cannabis/
Tickers we talk about today:
- $CNTMF expansion in Florida
- OTC:$SHWZ
- $HRVSF expansion and $TCNNF expansion by acquisition
- $GDNSF New Mexico expansion
- $CNTMF bullish sentiment
- $TLRY keep an eye on
- $OGI
Resources:
After A Rough Week, Green Candles For Marijuana Stocks - Check Out Friday's Movers
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Hosted By: Elliot Lane
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to
cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Episode SummaryHeadlines for Cannabis this week.
Tickers we talk about today:
- $FLGC Guidance &earnings
- $TCNNF rated overweight price target $50
- $GRAMF hiring first black CEO
- $TLRY partial acquisition $MMNFF
- $HEXO transfer to NASDAQ
- $UGRO trading higher
Resources:
After A Rough Week, Green Candles For Marijuana Stocks - Check Out Friday's Movers
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Hosted By: Elliot Lane
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to
cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Episode SummaryKevin Durant, jumps into the cannabis space via a partnership with Weedmaps.
Legal cannabis sales in Canada may reach a US $3.9 billion in 2021. That is up 44% from 2020.
Cannabis firms are seeing opportunity in Brazil. Keep an eye on any international companies especially the Latin American ones.
Tickers we talk about today:
- $FLGC
- $KOCH
- $GSELL
- $AVCN
- $PCLOF
- $KHRNF
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Hosted By: Elliot Lane
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Check Out The Benzinga Reopening Stocks Summit Today & TomorrowWelcome to Cannabis Daily - Your daily guide to
cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Episode SummaryCannabis stocks and news for Thursday.
Tickers we talk about today:
- $TRSSF net sales are up 72% YoY
- $FLGC report earnings keep an eye on it
- $AGFY keep an eye on
- $MRMD
- $TLRY
- $CURR
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Hosted By: Elliot Lane
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Check Out The Benzinga Reopening Stocks Summit Today & TomorrowWelcome to Cannabis Daily - Your daily guide to
cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Episode SummaryVirginia lawmakers trying to expedite legal marijuana sales.
Tickers we talk about today:
- $TLRY acquisition and overweight rating at $19 Bullish sentiment
- $JUSHF
- $HITI now included in $MJ ETF
- $NRTH buy $HEXO
- $TCNNF launces clone sales
- $AYRWF CAD$75 Buy Rating
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Hosted By: Elliot Lane
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Welcome to Cannabis Daily - Your daily guide to
cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Episode SummaryGood News for New Yorkers, they can smoke marijuana at the New York state Fair.
Tickers we talk about today:
- $CRLBF - Buy rating
- $GLASF
- $TLITF
- $IIPR
- $OGI
- $CBDHF
- $LOWL up 37% QoQ - put on watchlist
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Hosted By: Elliot Lane
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocks
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Cannabis Pitch Contest: Present Your Business To The Best Investors In The Industry* Andrew Albert of TVC Capital, * Gavin O'Reilly of Cowen, * Javier Hasse of Benzinga and El Planteo * Emily Paxhia of Poseidon * Andres Navia of Poseidon
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocksWelcome to Cannabis Daily - Your daily guide to
cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Episode SummaryTons of great news and buy opportunities this week.
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Tickers we talk about today:
- OTC:$FLWPF expanding into EU
- $VFF acquisition
- $CRLBF Buy rating
- $CNPOF
- $FFNTF 3rd dispensary in Massachusetts
- $TLLTF
Hosted By: Elliot Lane
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocksWelcome to Cannabis Daily - Your daily guide to
cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Episode SummaryThe legal cannabis sales projected to reach 43 billion by 2025.
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Tickers we talk about today:
- OTC: $CRLBF
- $MAPS
- $HEXO
- Keep an eye on $AYRWF today
- $GDNSF
Hosted By: Elliot Lane
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocksWelcome to Cannabis Daily - Your daily guide to
cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Episode SummaryToday on Cannabis Daily, Patrick goes through the earnings of Tier1 & Tier2 MSOs and compares them.
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Tickers we talk about today:
- $CURLF
- $CCHWF
- $GTBIF
- OTC: $VRNOF
- $GRWG
- $CWBHF
- $AAWH
- $HRVSF
Hosted By: Elliot Lane
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocksWelcome to Cannabis Daily - Your daily guide to
cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Episode SummaryToday on Cannabis Daily we touch on $CURA, Wisconsin, OTC:$HRVSF, $VRNOF, New York Governor and the New York stocks such as $GTII, $CCHWF and others.
Hit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.
Tickers we talk about today:
- $CURLF $32 price target
- Wisconsin lawmakers lawmakers unveil new marijuana legalization bill at a dispensary in Illinois
- $Harvest Health maintains $9.50 price target
- $VRNOF $35 put on your watchlist
- New New York Governor beneficial for the Cannabis Space
- OTC:$ITHUF reaches $54.2 million Q2 2021
Hosted By: Elliot Lane
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocksWelcome to Cannabis Daily - Your daily guide to
cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Episode SummaryBig news week continues for Cannabis Industry. Today on Cannabis Daily, A SPAC merger, and an investment in Canada as well as potential stocks to invest in.
Tickers we talk about today:
- $CURLF $29 price target
- $VFF $18 price target
- $SMG US$150 Million Strategic Investment to RIV Capital, nominates Gary Vaynerchuk,for RIV Capital board member
- $VRNOF major earnings report
- $MCMJ SPAC merger with Leafly a buy opportunity?
- $FLGC maintains upward trend
Hosted By: Elliot Lane
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocksWelcome to Cannabis Daily - Your daily guide to
cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Episode SummaryGet ready for a high speed week in Cannabis as earnings are posted. Keep an eye on Israel and Canada markets as well as US. Tune in for some exciting new retail expansions and hot trade ideas.
Tickers we talk about today:
- $GTBIF opened 62nd retail location
- $IMCC exclusive importer of $YCBD in Israel
- $VFF bullish opportunity
- $SMG buy the dip opportunity
- North Carolina takes a step for Medical Marijuana
Hosted By: Elliot Lane
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocksWelcome to Cannabis Daily - Your daily guide to
cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Episode SummaryOn today's Cannabis Daily, we talk about solid earnings results and more expansion plans.
Tickers we talk about today:
- $CGC Earnings up 23% even though they missed by $15mil
- OTC: $HITIF acquisition, strong presence
- $XXII uplift to NASDAQ
- Illinois setting another monthly marijuana sales record due to Lollapalooza
- $VLNCF rolls out two new beverage products
- $TCNNF rated overweight
- $PLNHF expansion
Hosted By: Elliot Lane
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
For Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocksWelcome to Cannabis Daily - Your daily guide to
cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Episode SummaryOn today's Cannabis Daily, we talk about stocks to watch for earnings growth, expansion plans or buy the dip opportunities.
Tickers we talk about today:
- $IIPR Q2 Earnings up by 101%, giving $50 million to fund Illinois cannabis cultivation and processing facility
- $JAZZ sales have grown by 32%
- Cansativa German company
- $CGC, $CURLF, $GRWG, $CCHWF,$HEXO,$SNDL,$KERN
- $JUSHF buy the dip opportunity
Hosted By: Elliot Lane
Contact us at: cannabishour@benzinga.com
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Top Gainer:
Gridiron BioNutrients GMVP $2.99 133.59%
Top Loser:
Beleave BLEVF $0.0021 -31.15%
For More Gainers & Losers of the day check out https://www.benzinga.com/cannabis/stocksWelcome to Cannabis Daily - Your daily guide to
cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Episode SummaryOn today's episode we talk about Tilray's expansion into the beverage industry as well as some Buy and Strong Buy rated stocks.
Tickers we talk about today:
- $FLGC no news to back the move
- $OGI appoints new CEO
- $TLRY subsidiary SweetWater brewery expands throughout Michigan
- $GTBIF Buy Rating, $VFF Strong Buy, $CCHWF Neutral, $JUSHF Neutral
- OTC: $RWBYF acquires greenhouse
Hosted By: Elliot Lane
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
PreMarket Gainer Stock:
Mexco Energy MXC $8.9 0.56%
PreMarket Loser Stock:
cbdMD YCBD $2.4 -1.23%
For More Gainers & Losers of the day check out https://www.benzinga.com/cannabis/stocksWelcome to Cannabis Daily - Your daily guide to
cannabis news, industry trends and trade ideas in under 5 mins.
- Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts
- Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
- Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.
Episode SummaryCannabis Industry continues to attract more investors, celebrity involved companies post great earnings and expand. Tilray $TLRY poses as a possible investment opportunity.
Tickers we talk about today:
- $JUSHF (OTC listed), $GRMAF (OTC listed),$VFF
- $TLRY has a bearish sentiment
- $SNDL continues to be the most active cannabis stock
Hosted By: Elliot Lane
Follow Benzinga Cannabis On Social Media
- YouTube
Access All The Cannabis Daily Episodes Here
Also Join us at the Benzinga Cannabis Hour Podcast, weekly on Thursdays at 4 PM EST.
NOT FINANCIAL ADVICE
The Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial advice.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsWelcome to Cannabis Daily - Your daily guide tocannabis news, industry trends and trade ideas in under 5 mins.TRENDING LINKS:Sundial Growers, MedMen, World Acceptance Among Top Cannabis Stock Movers On July 26, 2021
GAINERS: Khiron Life Sciences(OTC: KHRNF) shares closed up 10.23% at $0.25 * Nine Energy Service(NYSE: NINE) shares closed up 8.81% at $2.84 * World Acceptance(NASDAQ: WRLD) shares closed up 5.42% at $190.69 * OrganiGram Holdings(NASDAQ: OGI) shares closed up 4.88% at $2.58 * Hollister Biosciences(OTC: HSTRF) shares closed up 4.73% at $0.20 * Psychemedics(NASDAQ: PMD) shares closed up 4.58% at $7.30 * MedMen Enterprises(OTC: MMFF) shares closed up 3.87% at $0.23 * Auxly Cannabis Group*(OTC: CBWTF) shares closed up 2.82% at $0.21
Subscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.
Tune in daily to Cannabis Hour at 4:30 p.m. ET for Cannabis News at bzcannabishour.com.Episode SummaryLook for August to be a month of two things. We should see some nice growth in this industry this month, especially if the SAFE banking act passes.
And secondly, we'll start to see a little separation between the higher popularity stocks versus those that don't get quite as much airtime
Tickers we talk about today:
- Green Thumb Industries expanding to Rhode Island $GTBIF
- Bounce back for Neptune Wellness Solutions Inc. $NEPT?
- Bullish on Canopy Growth Corp $CGC
- Akerna Corp. $KERN
Follow us on Twitter athttps://twitter.com/BZCannabis
Hosted By: Elliot Lane http://www.twitter.com/ElliotLane10
Also Join us at Benzinga Cannabis Hour Podcast and Benzinga Cannabis Hour Youtube Show weekly on Thursdays at 4 PM EST.
Listen To Other Episodes at Benzinga Cannabis Hour.
Disclaimer: All of the information, material, and content contained in this program is for informational purposes.
Support this podcast at — https://redcircle.com/cannabis-daily/donations
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy