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 MORE Act next week.
  • 420 Investor model portfolios have returned 7.3% to 14.3% year-to-date, while the Global Cannabis Stock Index has lost 9.2%

Review

New Jersey delayed the start of adult-use sales, citing insufficient supply, as it approved 68 new conditional licenses for cultivation and production. The House of Representatives will be voting again on MORE Act, which it previously approved in late 2020, next week. The MORE Act is would legalize cannabis. The Senate unanimously approved the Cannabidiol and Marihuana Research Expansion Act, which would streamline the research process in order to help get FDA-approved cannabis-derived medications to market.

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

  • Cannabis Sub-Sector Review – 03/18/22
  • Model Portfolio Composition 03/18/22
  • Previews of Q4 Financial Reports for Charlotte’s Web and Cresco Labs
  • Another Look at MariMed

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

  • AAWH began distributing Wynk THC and CBD infused seltzers in Michigan. It also will introduce partner brand Miss Grass into Massachusetts and Illinois.
  • AYRWF introduced Entourage vape pens in Florida.
  • CCHWF reported Q4 revenue of $139 million and guided for 2022 revenue to be $625-675 million with adjusted EBITDA of $120-135 million.
  • CGC announced positive results from a 40-patient trial regarding CBD efficacy for menstrual health.
  • CRLBF opened its 16th Florida dispensary. It agreed to acquire Columbia Care in an all-stock deal. The company reported Q4 revenue of $218 million with adjusted EBITDA of $57 million.
  • CRON replaced its CEO with Chairman Mike Gorenstein and gave him 3 million restricted ...
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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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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

Capitalize On Cannabis Report - 02/19/22


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 grew 29% in December, reaching a record $382 Million
  • 420 Investor ...
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Comments

Capitalize On Cannabis Report - 02/19/22


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 grew 29% in December, reaching a record $382 Million
  • 420 Investor ...
Read More
Comments

Capitalize On Cannabis Report - 02/12/22

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

  • Several states showed sharp slowdowns in cannabis sales during January compared to December
  • 420 ...
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Comments