420 Investor Weekly Review 09/02/22

Review

Illinois adult-use cannabis sales fell 5% sequentially in August, rising 6% from a year ago, to $129.4 million.

I distributed this written material to 420 Investor subscribers during the week:

Here are some of this week's highlights for Focus List names:

  • AYRWF opened its relocated dispensary in Dania Beach, Florida.
  • CEAD adjourned its annual meeting to 10/6/22 due to lack of a quorum.
  • CRLBF opened an additional 3 Sunnyside medical cannabis dispensaries in Florida, leaving them with now 19 in the state.
  • JUSHF Q2 Revenue of $72.8 million was a bit ahead of expectations, but the profitability lagged and the outlook was reduced.
  • IIPR bought the Curaleaf cultivation facility in Massachusetts for $21.5 million and will lease it to the company.
  • LOWLF boosted its convertible note financing by $2.2 million to $6.4 million.
  • SMG reduced its free cash flow outlook for FY22 substantially and named an interim CFO.
  • TLLTF opened its third Massachusetts medical cannabis dispensary in Cambridge.
  • TLRY expanded its product offerings under the Good Supply brand.
  • UGRO announced the resignation of its COO and President, James Dennedy.
  • VRNOF opened three new stores in Florida, giving it 59 in the state.

I removed VLNS from the Focus List this week upon the announcement that SNDL will acquire the company for stock.

There were comments in over 130 discussions in the Forum. Don't miss out on this most informative part of 420 Investor! Not familiar with the the Forum? This video will help! This is a great way to track your favorite tickers, even those not on the Focus List, and to get your questions answered quickly.

Please check the Focus ...

Read More
Comments

420 Investor Weekly Review 08/26/22

Review

ETFMG is now including MSOs in its MJ ETF. AdvisorShares introduced leverage to its platform for the MSOS ETF. Ohio released data that suggests the state's medical cannabis program is still seeing weekly sales in excess of $9 million. ...

Read More
Comments

420 Investor Weekly Review 08/19/22

Review

Canadian cannabis sales set a record in June! The StatsCan data showed a 1% sequential increase to C$377.5 million, up 22% from the prior year.

I distributed this written material to 420 Investor subscribers during the week:

Read More
Comments

420 Investor Weekly Review 08/12/22

Review

Illinois medical cannabis sales for July were released and left overall sales for the state up 6% from a year ago and just 1.6% sequentially from June. Michigan adult-use flower sales boomed, leaving July sales at a record $210 ...

Read More
Comments

420 Investor Weekly Review 08/05/22

Review

Illinois adult-use cannabis sales lifted 7% sequentially to $135.7 million, up 6.% from a year earlier. Hifyre July data predicts that the month will be a record for sales in Canada, up 7% sequentially from June.

I distributed this ...

Read More
Comments

420 Investor Weekly Review 07/29/22

Review

The House passed a medical cannabis research bill that may be also approved by the Senate.

I distributed this written material to 420 Investor subscribers during the week:

Read More
Comments

420 Investor Weekly Review 07/22/22

Review

StatsCan released data that indicated Canadian sales of cannabis in May set a record of C$375.8 million, up a little sequentially and about 20% from a year ago.

I distributed this written material to 420 Investor subscribers during the ...

Read More
Comments

Weekly Review 07/15/22

Review

After a big down-day on Monday, the market popped on news Thursday that the Senate will be voting on the Cannabis Administration and Opportunity Act. Michigan grew 26% from a year ago and 0.5% from May in June to ...

Read More
Comments

Capitalize On Cannabis Report - 04/15/22

Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more.

Summary

  • New Jersey approved more conditional adult-use licenses and also awarded conditional licenses to the ...
Read More
Comments

Capitalize On Cannabis Report - 04/15/22

Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more.

Summary

  • New Jersey approved more conditional adult-use licenses and also awarded conditional licenses to the ...
Read More
Comments

Capitalize On Cannabis Report - 04/09/22

Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more.

Summary

  • Illinois Cannabis Sales grew 12.5% compared to a year ago in March
  • The House ...
Read More
Comments

Capitalize On Cannabis Report - 04/09/22

Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more.

Summary

  • Illinois Cannabis Sales grew 12.5% compared to a year ago in March
  • The House ...
Read More
Comments