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Metrics that Matter: Not All Earnings are Equal in Cannabis
The focus on earnings is a normal function of everyday operations for any successful business. However, since every dollar added to EBITDA can bring back a substantial return in valuation…
News July 9
Chart: Diversification enhances profitability of marijuana product manufacturers – to an extent
Makers of cannabis products are more likely to turn a profit if they offer merchandise across multiple categories - but that profitability declines if a manufacturer produces too many types…
News July 9
Canadian marijuana firm Sundial, California’s KushCo seek Nasdaq listings
Sundial Growers, a Canadian cannabis company, and California-based KushCo Holdings have applied to be listed on the Nasdaq.
News July 8
Dueling recreational cannabis legalization campaigns in Montana
At least two political campaigns are underway in Montana to get recreational marijuana ballot measures before voters in 2020. If multiple measures end up making the ballot, they could split…
News July 8
Who’s who at the top of Nevada’s marijuana companies
Nevada’s top cannabis companies are led by an eclectic mix that includes people with political ties, real estate developers and out-of-state companies, among others. Those are some of the findings of…
News July 8
Sol Global cannabis investment firm raises CA$50 million; exec resigns
Sol Global, a Toronto-based international cannabis investment firm, said it raised 50 million Canadian dollars ($37.5 million) in debt financing. The company will use the proceeds to fund its expansion…
News July 8
Harvest beefs up portfolio by buying another Arizona medical marijuana dispensary
Harvest Health & Recreation, a vertically integrated cannabis company with a market cap of roughly $1.7 billion, has grown its already large footprint in Arizona with the acquisition of another…
News July 8
CannTrust hit with ‘noncompliant’ rating for unlicensed cannabis cultivation
Ontario-based licensed cannabis grower CannTrust was sanctioned by Health Canada for conducting unlicensed cultivation for six months and providing inaccurate information to the federal regulator.
News July 8
Marijuana Business This Week: Ohio eyes medical cannabis additions, Iowa MMJ fight, L.A. deadline & more
Here are some notable stories and events in the cannabis industry to watch for in the coming days: OHIO BOARD DELIBERATES: After tabling discussions last month about adding autism spectrum…
News July 8
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