Capitalize On Cannabis Report - 04/02/22

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

  • The House passed the MORE Act again
  • Ohio’s medical cannabis market continues to grow
  • 420 Investor model portfolios have returned 5.4% to 6.8% year-to-date, while the Global Cannabis Stock Index has lost 13.3%

Review

The House passed the Marijuana Opportunity, Reinvestment and Expungement (MORE) Act again. Ohio’s medical cannabis program continues to see accelerated growth, with weekly sales now at the $9 million level. Massachusetts cannabis adult-use cannabis sales increased on a per-day basis by 1.7% through March 27th vs February. Maryland passed legislation to include cannabis legalization on the ballot in November.

During the week, I shared these insights with subscribers at 420 Investor:

  • Previews of Q4 Financial Reports for CEA Industries, Greenlane, Planet 13, Schwazze, TILT Holdings, Trulieve and urban-gro
  • Changes to the Global Cannabis Stock Index for April 2022
  • Cannabis Sub-Sector Review – 03/25/22
  • Model Portfolio Composition 03/25/22

Here are some of this week’s highlights for 420 Investor Focus List names:

  • AYRWF announced new launches of its proprietary branded products in multiple markets.
  • CCHWF opened its 4th dispensary in West Virginia
  • CEAD reported Q4 revenue of $3.1 million with an adjusted net loss of $229K.
  • CGC appointed its interim CFO into the role full-time and replaced its COO.
  • CWBHF became one of the first hemp extract manufacturers to qualify its products for sale in the UK.
  • GNLN reported Q4 revenue at $56 million with an adjusted EBITDA loss of $6.6 million
  • HBORF completed the conversion of its multiple voting shares to subordinated voting shares.
  • PLNHF Q4 revenue fell short of expectations at $29.9 million, with adjusted EBITDA at $1.9 million.
  • SHWZ Q4 revenue fell 17% to $26.5 million, with adjusted ...
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Comments

Capitalize On Cannabis Report - 04/02/22

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

  • The House passed the MORE Act again
  • Ohio’s medical cannabis market continues to grow ...
Read More
Comments

Capitalize On Cannabis Report - 03/26/22

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

  • The Senate passed a cannabis bill, while the House prepares to vote on the ...
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Comments

Capitalize On Cannabis Report - 03/26/22

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

  • The Senate passed a cannabis bill, while the House prepares to vote on the ...
Read More
Comments

Capitalize On Cannabis Report - 03/19/22

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

  • Canadian Cannabis sales slipped in January from December levels, which were revised lower.
  • 420 ...
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Comments

Capitalize On Cannabis Report - 03/19/22

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

  • Canadian Cannabis sales slipped in January from December levels, which were revised lower.
  • 420 ...
Read More
Comments

Capitalize On Cannabis Report - 03/12/22

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

  • Both Illinois and Michigan posted better year-over-year growth in cannabis sales in February than ...
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Comments

Capitalize On Cannabis Report - 03/12/22

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

  • Both Illinois and Michigan posted better year-over-year growth in cannabis sales in February than ...
Read More
Comments

Capitalize On Cannabis Report - 03/05/22

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

  • Data from BDSA suggested cannabis sales were very sluggish across the U.S. in January ...
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Comments

Capitalize On Cannabis Report - 03/05/22

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

  • Data from BDSA suggested cannabis sales were very sluggish across the U.S. in January ...
Read More
Comments

Capitalize On Cannabis Report - 02/26/22

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

  • Cannabis stocks were moved mainly by volatility in the stock market
  • 420 Investor model ...
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Comments

Capitalize On Cannabis Report - 02/26/22

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

  • Cannabis stocks were moved mainly by volatility in the stock market
  • 420 Investor model ...
Read More
Comments