by InfluencER | Jul 20, 2021 | Investors
For Cresco Labs, Curaleaf Holdings, and Green Thumb Industries, revenues are soaring. Jefferies recently initiated coverage for all three with buy ratings and ambitious price targets. It’s been said a hundred times: The legal cannabis industry in the U.S. is...
by InfluencER | Jul 19, 2021 | Investors
The number of banks and credit unions that report working with marijuana businesses remained stable over the last quarter, according to recently published federal data. For the last three quarters of 2020, those numbers had been consistently declining—due partly to...
by InfluencER | Jul 19, 2021 | Investors
Canadian cannabis producer Aurora Cannabis Inc. announced on July 15 that it officially delivered one of the largest shipments of cannabis to Israel to date. The company completed a record-breaking delivery defined as “nearly C$8 million”—one of the company’s largest...
by InfluencER | Jul 19, 2021 | Investors
Organigram Holdings Inc, the parent company of Organigram Inc., a leading producer of cannabis, announced the launch of the Cannabis Innovators Panel, a cannabis consumer panel offering real-time insights into consumer preferences, usage occasions, and future...
by InfluencER | Jul 15, 2021 | Investors
AFC Gamma, Inc. (NASDAQ:AFCG) (“AFC”), a commercial real estate finance company that provides loans to operators in the cannabis industry, today announced that it, along with an affiliate, has provided a credit facility of $15.5 million to The Evermore Cannabis...
by InfluencER | Jul 14, 2021 | Investors
Proposals to set a minimum valuation level for companies looking to list on the London Stock Exchange could limit the number of cannabis entrants to the market. A new consultation paper from the Financial Conduct Authority recommends that only companies valued at £50m...
