by Mike and Colin | Dec 1, 2021 | Data & Analysis, Free, Macro, Thematic Research
Michigan Recalls 3 months of product, but what is the real impact? The Michigan Marijuana Regulatory Agency (MRA) has recalled all products tested by Virdis Labs between August 10-November 16, 2021. What does this mean for the supply chain in Michigan? Where will...
by Mike and Colin | Nov 19, 2021 | Company Analysis, Free, M&A / Capital Raise
Schwazze Shifts Strategy and Grows via M&A As we have noted in the past, Schwazze is a Colorado consolidation story run by Justin Dye who previously consolidated Albertsons and Safeway at Cerebus. The company acquired the highly profitable Star Buds chain, and it...
by Mike and Colin | Nov 3, 2021 | Comp Table & Market Commentary, Free
Cannabis stocks cannot catch a bid. As the small-cap index IWM rose 3% in October, the average US cannabis stock declined 13%, the Ancillary operators declined 7%, and the Canadian LPs declined 9%. A heatmap of stock performance can be downloaded here The US operators...
by Mike and Colin | Aug 12, 2021 | Data & Analysis, Free, Macro, Regional Data
Despite being a top cannabis market in the United States, Michigan largely has been ignored by multistate operators because of the low barriers to entry for new licensees. However, with plenty of market growth and heavy fragmentation across the supply chain, the...
by Mike and Colin | Jul 21, 2021 | Data & Analysis, Free, In the News, Macro
Discounts lead to market-share shift in Florida Florida, one of the most valuable cannabis markets in the world, is beginning to see competition among the top players – and the state’s patients are reaping the benefits of the undercutting. Despite the attractive...
by Mike and Colin | Jul 7, 2021 | Comp Table & Market Commentary, Data & Analysis, Free, In the News, Macro
Though access to capital for public cannabis companies improved in early 2021, liquidity remains low for the U.S. plant-touching operators in comparison to the Canadian licensed producers. U.S. operators have access only to lower-volume exchanges, such as the Canadian...
