Nicolas jose Rodriguez

Legal cannabis sales in Michigan achieved a record high of $837 million in Q2 2024, marking a 6% increase from $793 million in Q1 2024 and an 11% rise from $753 million in Q2 2023, according to a report by Beacon Securities. June’s total sales were $279 million, slightly down by less than 1% from May but up 7% year-over-year from $261 million in June 2023.

Cannabis products are subject to strict regulations to ensure consumers get what they pay for. One crucial aspect often overlooked is moisture content. Cannabis, like many other agricultural products, can lose or gain moisture, impacting its weight and, ultimately, the consumer’s wallet.

Amid industry consolidation, identifying emerging brands in key markets is crucial for acquisitions and collaborations. While wholesale prices have risen, retailer margins have tightened, reducing profitability.

The U.S. Federal Trade Commission (FTC) recently highlighted the significant influence of pharmacy benefit managers (PBMs) on drug prices due to market consolidation. This trend raises critical questions about the future of the cannabis industry, especially if cannabis is federally legalized.

Planet 13 Holdings Inc.

Chicago Atlantic Real Estate Finance (NASDAQ: REFI) stands out in the cannabis capital providers and mortgage REIT (mREIT) sectors due to its premium valuation, impressive dividend yield, and robust growth track record.

On July 1, 2024, Boris Jordan, chairman of Curaleaf Holdings (OTC: CURLF), participated in a fireside chat with Pablo Zuanic, senior analyst to discuss Curaleaf’s strategic initiatives in Europe and the hemp derivatives mar

In a recent issue of “Cannabis Confidential,” Todd Harrison provides a succinct analysis of the current market dynamics within the cannabis industry, particularly highlighting the performance of AdvisorShares

The financial landscapes of Canadian and U.S. cannabis operators showcase distinct paths in the quest for profitability, driven by varying market dynamics and regulatory environments. According to recent financial data from Beacon Securities, the analysis of key financial metrics such as EV/EBITDA and P/CFO ratios reveals crucial insights.

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