New Lake Capital Partners NLCP, a real estate company focused on cannabis properties, offers an attractive investment with a 9.1% dividend yield, well above the return on 10-year government bonds. This yield, combined with a cautious approach to debt and […]
The cannabis industry continues to show mixed results across key U.S. markets, with notable developments in California, Massachusetts, and New Mexico. While California leads in tax revenue, both Massachusetts and New Mexico face slight declines in sales, reflecting broader market
Data from Benzinga Pro shows High Tide Inc. HITI shares experienced a significant surge, gaining over 21% in the last two trading sessions, closing at $3.47 on Monday, December 2. This positive performance was reflected in a trading volume of
Kentucky took a significant step in its medical cannabis program on Monday, awarding the first 36 dispensary licenses through a randomized lottery system. Governor Andy Beshear announced the winners, emphasizing the program’s fairness and focus on providing safe and affordable
Kentucky Awards First Medical Cannabis Dispensary Licenses Read More »
Germany’s medical cannabis imports reached 20.1 tons in Q3 2024, a substantial increase from previous quarters. This surge follows the April 2024 revision of the country’s narcotics law, which has facilitated greater access to medical cannabis. Despite this growth, medical
From the early days of internet forums to today’s thriving Reddit communities, cannabis discussions have transformed, offering unprecedented visibility into consumer preferences. Caleb Chen, founder of The Highest Critic and a key moderator on Reddit’s largest cannabis community, has harnessed
As cannabis gains traction in the U.S., women are breaking free from social stigma and traditional roles, embracing cannabis. A recent YouGov poll highlights how women are increasingly using cannabis to relax, improve their well-being and practice mindfulness. The data
YouGov Poll Reveals What Women Want With Weed: Relax, Mindfulness And Great Deals Read More »
Planet 13 Holdings Inc. PLNH reported Friday afternoon a strong revenue increase of 29.7% year-over-year for Q3 2024, reaching $32.2 million. The growth was fueled by the expansion into the Florida market and solid performance at its Illinois store. Despite
Why allow intermediaries to add unnecessary costs when direct relationships can bring quality to the forefront? As supply chains tighten across industries, Red Mesa Science & Refining is pioneering a streamlined approach to bring minor cannabinoids to market. By bypassing
The company reported a net loss of $44 million, equivalent to $0.07 per share, with adjusted EBITDA at $75.3 million. Curaleaf Holdings, Inc. CURLF posted its third-quarter revenue of $331 million on Wednesday afternoon, marking a modest 1% year-over-year decline.
