cannabis sales

A recent report by senior analyst Pablo Zuanic helps investors understand how market dynamics affect the financial performance of cannabis companies, and how to interpret their earning reports to make informed investment decisions. The report provides an in-depth analysis of Decibel...

Illinois' cannabis retailers sold $140 million in weed products in July, breaking a record for 2023 and marking the second-highest monthly total since legal sales launched in 2020. Illinois is hosting the Benzinga Cannabis Capital Conference in Chicago on Sept 27-28.  The...

As the cannabis industry continues to grow, both in terms of legalization and consumer interest, the dynamics of cannabis branding and consumption are undergoing fascinating transformations. From the rise of celebrity-backed marijuana brands to the influence of medium-frequency consumers, the...

Though May isn’t over yet, let's look at three cannabis stocks that led the pack this month in revenue growth: Sundial (NASDAQ: SNDL), TerrAscend Corp. (OTCQX: TRSSF) and Curaleaf Holdings (OTCQX: CURLF).  Despite the crowded field, ...

Headset, a leading cannabis industry data and analytics provider published a report highlighting significant demographic trends in the cannabis market. The report reveals that male consumers account for nearly two-thirds of cannabis sales in the U.S. and Canada while Millennials...

Washington, D.C. lawmakers may take certain steps and prepare for the possibility of a legal adult-use market in the city, despite the federal ban on marijuana.  That's according to the Government Accountability Office, which published a letter Monday stating that city...

Cannabis company MariMed Inc. (OTCQX: MRMD) closed a $46 million financing facility Tuesday with Hadron Healthcare Fund. Beacon Securities Ltd. advised the deal.  Why It's Important: The initial chunk, $23 million — $3.70 per share of Series C preferred stock plus a...

Vireo Health International Inc. (OTCQX: VREOF) has had a busy 2021 so far. The company has had brand expansions, a rollout of its latest IP, and the closing of four medical licenses in Nevada, allowing both medical and adult-use production. The additional expansion also includes...

Hawthorne Gardening Company, a subsidiary of Scotts Miracle-Gro (NYSE: SMG), recently announced the launch of the Hawthorne Social Justice Fund — a $2.5 million fund created to support not-for-profit organizations with cannabis social justice missions. “It’s obvious that...

Shares of Primo Nutraceuticals Inc. (PINK: BUGVF) enjoyed a 313% climb Thursday. What Happened: The Vancouver-based company opened the day at about 93 cents a share, was trading at $7.00 a share by 9:55 a.m. ET and closed at $2.50. Why It Matters: Primo specializes in the...

Cannabis giant Tilray Inc. (NASDAQ: TLRY) saw revenue climb to $210.5 million in 2020. That's a 26% spike compared to what the Nanaimo, Canada-based company reported for 2019. In Tilray's earnings report published Wednesday afternoon, CEO Brendan Kennedy...

Companies that commercially produce, sell, and profit from cannabis typically have white business owners at the helm. Curaleaf Holdings Inc. (OTCQX: CURLF), one of the industry's largest players with a market cap hovering $11 billion, is hoping a new initiative can...

Sundial Growers Inc. (NASDAQ: SNDL) closed a share offering valued at roughly $74.5 million this week.  The Calgary, Canada-based company currently has some $610 million in cash, in addition to marketable securities and loans receivable of approximately $61 million, and approximately 1.56...

CbdMD Inc. (NYSE: YCBD) agreed to donate up to $500,000 from its online sales to The Barstool Fund, an initiative set up by Barstool Sports Founder Dave Portnoy to provide financial aid to small businesses. What Happened: “As fellow entrepreneurs and small business owners, we know firsthand...

Jushi To Open Beyond/Hello Bloomington Jushi Holdings Inc. (CSE: JUSH) (OTCQB: JUSHF) will cut the ribbon on its fourth retail location in Illinois on Jan. 26. The new Beyond/Hello Bloomington store — the company’s 16th in the U.S. — will also commence with the...