Newsfeeds - Spark Newswire

2 minute read

This Public Cannabis-Related Finance Company Is Benefitting From Capital Imbalance, Says Analyst

Today, 3:50 AM

Specialty finance company, Silver Spike Investment Corp. (NASDAQ: SSIC) was formed to invest across the cannabis ecosystem through investments such as direct loans to and equity ownership of privately held marijuana companies.

AYRWF

3 minute read

Cannabis MSOs Are Refinancing At Higher Costs, Check Their Balance Sheets Analyst Advises

By Joana Scopel

Today, 3:50 AM

Even top multi-state operators (MSOs) are feeling the impact of the demand and supply capital imbalance faced by the cannabis industry, says Cantor Fitzgerald's Pablo Zuanic who noted that refinancings are being undertaken at higher than normal costs.

AAWH

2 minute read

Ayr Wellness Launches ’12 Days of Giving,’ a $100K Holiday Donation Campaign Dedicated To Restorative Justice Initiatives

By Vuk Zdinjak

Today, 3:50 AM

Ayr Wellness Inc. (OTCQX: AYRWF) (CSE:AYR.A) announced the beginning of its second annual “12 Days of Giving” campaign.

AYRWF

4 minute read

7 Pot Smoking, Weed Loving, Ganja-Inspired Green Wednesday & Thanksgiving Cannabis Ideas

By Nina Zdinjak

Today, 3:50 AM

Did you know that over the years marijuana has become a staple at the Thanksgiving dinner table? Yes, each year brings new recipes and options to serve cannabis-infused food right next to your juicy Thanksgiving turkey.

AYRWF

3 minute read

Ayr Wellness: Analyst Reduces Price Target And Stays Neutral After Q3 Results

By Joana Scopel

Today, 3:50 AM

On Thursday, Ayr Wellness Inc. (CSE: AYR.A) (OTCQX: AYRWF) reported its financial results for the third quarter that ended September 30, 2022, with revenue of $119.6 million

AYRWF

2 minute read

This NYSE-Listed Pot Stock Has Outperformed Apple, Amazon, Google, Microsoft & Netflix

By Nina Zdinjak

Today, 3:50 AM

Those investors who added marijuana-focused Real Estate Investment Trust – Innovative Industrial Properties (NYSE: IIPR) to their portfolios some five years ago, must be really pleased with their return on the investment.

AAPL

3 minute read

Cannabis Stocks Chart Of The Week: Will Debt Maturities Trip Up The Big 10 MSOs?

By Viridian Capital Advisors

Today, 3:50 AM

Nine of the ten largest debt raises ever completed for U.S. Cultivation & Retail companies were closed in 2021 and, to a much lesser extent, YTD 2022. Over $3.8B of debt was sold over this period, far more than in any similar period in U.S. Cannabis history. Investors should be paying close attention to the efforts of MSOs to extend or refinance their upcoming debt maturities.

AYRWF

4 minute read

Analysts Love These 5 Cannabis Stocks

By Jelena Martinovic

Today, 3:50 AM

As earnings season approaches, cannabis financial analysts are getting ready to conduct intrinsic valuations and scale back their market forecasts.

AYRWF

4 minute read

Key Cannabis Exec Changes You Need To Know About: Turning Point’s New CEO, Ayr Wellness’ New Pres & More

By Jelena Martinovic

Today, 3:50 AM

Turning Point Brand Names New CEO Turning Point Brands, Inc. (NYSE: TPB) has tapped a long-tenured company executive Graham Purdy as CEO and board director following Yavor Efremov's resignation, less than a year following his appointment.

AYRWF