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Cannabis comp tables as of Jan. 13: Multiples expanding 5-10%

These comp tables provide a benchmark for private investors to evaluate existing and future investments as well as a menu for public investors to peruse.

News January 14
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San Diego restricts billboard cannabis advertising

The San Diego City Council unanimously approved a ban on marijuana billboard ads within 1,000 feet of schools, playgrounds, day care centers, youth centers and parks with playgrounds, a move…

News January 14
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Canada’s Aphria reports loss, cuts revenue guidance for 2020

Aphria reported a net loss of 8 million Canadian dollars ($6.2 million) for the second quarter ending Nov. 30, 2019, and the Canadian cannabis producer lowered its fiscal 2020 revenue…

News January 14
Trulieve Florida

Trulieve fights short-seller report as its dominance in Florida medical cannabis market continues

Trulieve Cannabis, the predominant player in Florida’s medical marijuana industry, is fending off attacks raised in a recent negative research report as competitors try to cut into the company’s nearly…

News January 14
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US House panel to hear marijuana reform issues

Cannabis reform is getting its first hearing in front of members of the U.S. House Energy and Commerce committee on Wednesday, but no one from the industry has been called…

News January 14
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Chart: Good – not great – first year of medical cannabis sales in Ohio

Ohio’s medical marijuana industry pulled in nearly $60 million in its first year of sales, with increased access to dispensaries and falling prices making up for the market’s sluggish start.…

News January 14
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GW Pharma beats projections with $108M in Q4 sales thanks to CBD drug

A popular cannabis-derived epilepsy treatment is increasing sales for a London company making pharmaceutical treatments from marijuana.

News January 13
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Canopy, Loblaw among 8 hopefuls to take over New Brunswick cannabis sales

An opportunity to exclusively operate New Brunswick’s recreational cannabis retail, wholesale and e-commerce platforms has drawn interest from a wide range of companies, including Canada’s largest food retailer and the…

News January 13
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Legalizing recreational marijuana won’t be on Florida ballot in 2020

Florida voters will not decide whether to legalize adult-use cannabis in the state this year. Make it Legal Florida on Monday ended its effort to get recreational marijuana on the 2020 ballot.…

News January 13
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