Verano Holdings Is No Bargain
Verano Holdings has rallied 15.5% since November. The company's Q4 financials fell short of expectations, with revenue rising just 5% and adjusted EBITDA dropping 7%. Verano Holdings is underperforming its peers in the cannabis industry. Analysts have reduced their outlook for Verano, projecting lower revenue and earnings for 2024 and 2025. I wrote about Verano in November, saying readers should avoid the cannabis stock.
Seeking Alpha · 18h ago
FDA chief sees no reason for delay in cannabis rescheduling
FDA chief sees no reason for delay in cannabis rescheduling. The DEA is reviewing whether to reschedule marijuana from a high-risk to a low-risk category. A favorable decision will see marijuana move to a Schedule III drug category from its current Schedule I status.
Seeking Alpha · 3d ago
MSOX: Maximum Leverage On Cannabis, How To Play It
Seeking Alpha · 4d ago
Senators Chuck Schumer, Ron Wyden and Cory Booker pushing cannabis legalization bill
MarketWatch · 4d ago
Eclipsing Prohibition: US Cannabis Industry Report Shows Growth Amid Regulatory Anticipation
Jesse Redmond provides a comprehensive overview of the cannabis industry in his latest report from Water Tower Research. The cannabis industry witnessed notable fluctuations in the past week. Redmond highlights AYR Wellness as a front-runner for 2024. The Benzinga Cannabis Capital Conference will be held in Florida on April 16-17.
Benzinga · 5d ago
Weekly Report: what happened at MSOS last week (0401-0405)?
Weekly Report · 6d ago
Cannabis rally sparks concerns amid moves to mainstream
Pot stocks have bounced back from recent lows as investors await favorable regulatory changes in the U.S. And global developments. The Florida Supreme Court ruled in favor of legalizing recreational marijuana in the state this week. A potential rescheduling decision from the DEA could be "imminent"
Seeking Alpha · 04/06 17:29
Trulieve-led Florida adult-use cannabis campaign gathers steam
More donors join Florida's adult-use cannabis legalization campaign. The initiative has been mainly funded by the state's leading cannabis retailer, Trulieve. Florida's Supreme Court greenlighted the initiative to go before voters in November. If passed, possession of up to three ounces of cannabis will be legal for adults in the state.
Seeking Alpha · 04/04 16:14
Top ETF Stories of March to Be Watched in April
NASDAQ · 04/03 17:00
Top ETF Stories of Q1 of 2024
NASDAQ · 04/02 17:00
Cannabis measure to enter Florida ballot after court ruling
Healthcare Cannabis measure to enter Florida ballot after court ruling. Florida Supreme Court greenlighted an initiative to legalize recreational marijuana in the state through a referendum on the November ballot. Notable gainers include Aurora Cannabis, Cronos, Canopy Growth and SNDL.
Seeking Alpha · 04/02 13:13
Virginia’s Republican Gov. Youngkin and GOP policy panel both say ‘no’ to cannabis
MarketWatch · 04/01 15:40
Weekly Report: what happened at MSOS last week (0325-0329)?
Weekly Report · 04/01 10:07
Ascend Wellness Is A Cheap Cannabis Stock
Ascend Wellness Holdings, Inc. (AAWH) is the cheapest cannabis stock. The stock has rallied 29.5% in 2023. The company has big upside potential. Ascend Wellness operates in eight states and has the highest projected growth of its peers. AAWH is currently 19% of my cannabis stock portfolio.
Seeking Alpha · 03/31 17:06
Village Farms Still Holding Through Current Cannabis Sector Rally [Downgrade]
Village Farms stock has increased 61% over the last year, driven by rallies in the cannabis sector. The company holds the second top share of the Canadian cannabis market. Village Farms is well-positioned in the US and international cannabis markets. The stock price has increased 46% since I last covered the company back in September as a Strong Buy.
Seeking Alpha · 03/28 22:42
4 Best ETF Areas of Q1
NASDAQ · 03/28 12:00
Cannabis rescheduling plans spark concerns among GOP senators
Republican senators are concerned about the Biden administration's plans to reschedule marijuana from a high-risk category to a low-risk one. The DEA is reviewing whether to rescheduling cannabis from Schedule I to Schedule III. Marijuana stocks have risen in anticipation of the decision.
Seeking Alpha · 03/27 16:42
'GOP Senators Tell DEA To Reject Marijuana Rescheduling, Arguing It Would Violate International Treaties' - Marijuana Moment
Three Republican senators are urging the DEA to reject a marijuana rescheduling recommendation. The senators say the U.S. Should not move cannabis from Schedule I to Schedule III. They say the move would violate international treaty obligations. Supporters and opponents of rescheduled marijuana have made competing arguments.
Benzinga · 03/27 15:44
ETF Themes That Dominated in Q1 2023
NASDAQ · 03/25 20:53
'Three In Five Americans Want Congress To Pass Marijuana Banking Reform, American Bankers Associations Poll Finds Amid Renewed Push' - Marijuana Moment
A new poll from the American Bankers Association shows 63 percent of Americans support allowing marijuana businesses access to the banking system. The survey comes amid a renewed push for marijuana banking reform in Congress. The SAFER Banking Act would protect financial institutions that serve state-licensed cannabis businesses.
Benzinga · 03/25 14:16
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