by Mike and Colin | Nov 16, 2021 | Company Analysis, Earnings Report, Free
MAPS guided significantly below prior guidance for 4Q21 and 2022, blaming softness on a demand shift to the illicit market and slower than expected license issuances. Our more detailed review and updated model for Premium Members can be found below. While the...
by Mike and Colin | Sep 17, 2021 | Company Analysis
Glass House Brands is a SPAC that has traded down to $5.00 on funding and pricing concerns, but they recently closed on the acquisition of the 5.5 million square foot Camarillo greenhouse in Ventura California. We think this is a very interesting opportunity for a...
by Mike and Colin | Jul 2, 2021 | Company Analysis
ParentCo’s $50 million investment in Glass House, which included a biomass purchase offtake agreement and cross-retail agreement, was “terminated by both parties”. Premium Member can read our take on this below, following up on our reports on the...
by Mike and Colin | Jun 16, 2021 | Data & Analysis, Macro, Regional Data
In our last article, we quantified the supply of cannabis in California while highlighting the potential for new supply in the next 18-36 months. The supply-demand calculations were based off a top-down analysis. In this article, we sharpen the estimates for current...
by Mike and Colin | May 26, 2021 | Data & Analysis, Macro, Regional Data
As cultivation continues to expand across California, the question is asked: When will there be too much capacity? Despite the endless amount of nuances within this answer, below is our attempt to forecast the supply and demand dynamics of California. Included in this...
