Should You Buy Trulieve Stock Before Its $2.1B Merger?
Over the last three months, Trulieve (OTCQX: TCNNF) shares lost 32%, compared to a 19% drop in AdvisorShares Trust AdvisorShares Pure US Cannabis ETF (ARCA: MSO
Cannabis Industry Chart Of The Week: Q2 Earnings Releases Have Failed To Rally Marijuana Stocks
Last week seven of the eleven MSOs with more than $1B market caps reported Q2 results. The chart shows the percentage difference between actual Revenue and EBITDA versus consensus analyst estimates, and the percent change of the stocks post announcement.
Cannabis Real Estate Company NewLake Capital Partners Wraps Up $101.56M IPO, Will Begin Trading On OTC
A sale-leaseback real estate company for the cannabis industry NewLake Capital Partners, Inc. announced on Monday that it has closed its initial public offering of 3.91 million shares of common stock at an initial public offering price of $26.00 per share.
The Week In Cannabis: An Earnings Avalanche, Biden’s Clemency Plans, Cuomo’s Resignation And More
Below is a recap of the main news related to the cannabis industry and markets for the week of August 13, 2021, which was marked by earnings reports out of many of the largest companies in the space – all details below.
Agrify Second Quarter Revenue Rises 203% To $11.8M, Reaffirms Its Full Year Guidance Of $48 to $50M
Agrify Corporation (NASDAQ: AGFY) announced financial results for the period ended June 30, 2021, revealing 203% revenue improvement from the same period in 2020, reaching $11.8 million.
Cantor Is Bullish On Trulieve’s Q2 Financials, But Remains Cautious Of Possible Risks Ahead, Drops Price Target To $50
Following financial results showing 14 consecutive quarters of profitability released by Trulieve Cannabis Corp.
Cannabis Daily Podcast 8/11: The New New York Governor Good For Cannabis Space?
Start The Day With The Best Daily Pre-Market Overview Of The Cannabis Space
On Today's Episode we covered the following public companies:
Agrify Corporation Teams Up With True House Cannabis To Build-Out New Cultivation Facility
Agrify Corporation (NASDAQ: AGFY) and True House Cannabis LLC are poised to build a 22,000 square foot cultivation facility.
Top Marijuana Stocks, Movers For August 10, 2021
GAINERS:
Body and Mind (OTC: BMMJ) shares closed up 18.92% at $0.44 with an estimated market cap of $47,994,222.