Remove cannabis earnings
article thumbnail

Which Cannabis Stock Is A Better Buy? Analyst's Thoughts Post Q3 Earnings

Benzinga

Third quarter earnings season is slowly wrapping up and analysts are tweaking their ratings accordingly. Cantor Fitzgerald analyst Pablo Zuanic kicked off the week by taking a closer look at two cannabis stocks. Auxly Cannabis Group Inc (OTC: CBWTF ).

EBITDA 52
article thumbnail

Top Marijuana MSOs Amid Earnings Season: Analyst Shares Key Takeaways From Q3 Reports & What They Mean

Benzinga

Cantor Fitzgerald's Pablo Zuanic has crunched Q3 earnings numbers for two cannabis MSOs following Auxly Cannabis Group Inc. 's billion deal was announced in March and is expected to give Cresco the largest annualized Pro-forma revenue in cannabis at over $1.3 's (OTCQX: CCHWF ) quarterly performance reports.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Tilray's HEXO Acquisition Creates Canada's Top Cannabis Company With 44% Market Share Boost

Benzinga

(NASDAQ: HEXO ) has solidified its position as Canada's top cannabis company with a 44% market share boost, expanding its market share by 467 basis points.

article thumbnail

BREAKING: Cannabis Tech Provider Weedmaps Acquires Enlighten, An Ad And Menu Biz

Benzinga

As reported during its first-quarter 2022 earnings call, WM Technology Inc (NASDAQ: MAPS ), d.b.a. Weedmaps, has completed the acquisition of cannabis-focused digital menu and ad company Enlighten. Why It Matters.

article thumbnail

Cannabis Licensing: Will New York's Social Equity Model Set The Trend Or Get Tripped Up?

Benzinga

Several states that have recently or soon intend to roll out their adult-use cannabis marketplaces hope progressive equity licensing measures pay off, unlike the states before them. New York's market potential and progressive licensing model is earning it ample spotlight. Kathy Hochul's fiscal year 2023 executive budget.

Equity 98
article thumbnail

Cannabis Moneyball Has Begun, And The Game Is Heating Up

Law 360 M&A

The burgeoning cannabis industry is much like baseball in its early years, with several state players working to come online, and rules being hammered out by state and federal regulators — though it will take some strategic moneyball for the industry to grow market share, earn customer loyalty and make it to home base, say John Oberle and Kristina (..)

article thumbnail

Lucy Scientific Gears Up For Global Wellness Via Acquisition, On Heels Of High Times News

Benzinga

Last week, Lucy announced it was acquiring High Times Holding's IP, effectively enabling the iconic cannabis industry brand to trade on the Nasdaq. million shares of Lucy's stock plus annual earn-out payments based on a multiple of annual EBITDA in each of the next five years. For that transaction, Lucy exchanged 19.9%

EBITDA 52