Review

There was no important industry news this week.

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

• Avoid Most Canadian LPs for Now

• Cannabis Sub-Sector Review - 09/23/22

• 420 Investor Model Portfolio Composition 09/23/22

• 420 Investor Weekly Review 09/23/22

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

• AAWH named two execs as interim co-CEOs and moved its CEO to Executive Chairman. The company retained Russell Reynolds to help find a new CEO. The charges against Abner Kurtin apparently were dropped in Florida.
• CGC sold its Tweed and Tokyo Smoke stores in Canada to OEG Retail Cannabis for an undisclosed amount.
• CWBHF announced a distribution agreement with Southern Glazer's.
• FFLWF opened a store co-located Circle K, owned by its investor, Couche-Tarde, in the Greater Toronto Area.
• GNLN completed the sale of its headquarters for $9.95 million.
• JUSHF filed its first Form 10-Q for Q2.
• LOWLF began selling Lowell 35 pre-rolls in California.
• PLNHF announced its first harvest in the expanded Nevada cultivation unit.
• TCNNF opened two dispensaries in West Virginia, giving it a total of 8 in the state. It also launched Khalifa Kush Cannabis in Florida.
• TLLTF amended its Pennsylvania facility purchase and sale agreement again.
• TRSSF announced plans to bring the Cookies brand to Pennsylvania.
• VRNOF CEO George Archos sold about 55K shares at $4.76 and issued a filing that didn't say anything about the purpose, which was to pay taxes on RSUs.

Please check the Focus List, (which has technical, fundamental and valuation ratings as well as a market-cap table). To help track market caps, we maintain tables for the Canadian LPs and the American cannabis operators and ancillary companies.

There were comments in over 110 discussions in the Forum. Don't miss out on this most informative part of ...

Review

Canada is finally reviewing the adult-use program. The country saw sales increase sequentially by 4.5% to C$394.8 million in July, up 17.8% from a year ago.

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• Why ...

Review

Michigan cannabis sales fell 1% sequentially in August due to continued weakness in medical. Sales of $207.9 million, up 26% from a year ago, were supported by a record level of adult-use sales.

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Review

BDSA data for July showed continued modest growth in most of the states that they track sequentially in July. Mature markets in the West fell dramatically from a year ago. Hifyre data suggests that Canadian retail cannabis sales fell ...

Review

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

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• MSOS Is a Bad Cannabis Bet

  
  

• Preview of Jushi ...

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. ...

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.

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• Financial Previews ...

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 ...

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.

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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:

• Preview of Tilray Q4 Financials

• 420 Investor Model Portfolio Composition 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 ...

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 ...