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CA Cultivation Tax Elimination, Meaningfully Eases Pricing Pressures And Likely Drives Consolidation

By Viridian Capital Advisors
Today, 2:12 PM
July 6, 2022: Last week, California’s onerous cultivation tax ($161/lb.) was officially eliminated. While far from solving all the issues for California operators, the tax change meaningfully reduces the break-even threshold for growers and particularly those with the biggest scale in capacity.

AAWH

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Cantor’s Top Picks: Could Q2 Earnings Provide A Spark For These Cannabis Multi-State Operators?

By Nicolas Jose Rodriguez
Today, 2:12 PM
Multi-State Operators (MSO) traded higher on Tuesday after Cantor Fitzgerald categorized four companies as "top picks." In a recent industry report, Pablo Zuanic analyzed the context of MSOs and offered insight on trends driving financial value. Although MSOs ETF fell 25% in June and 49% over the last three months (vs.

AAWH

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2 minute read

A Decade Into Legal Cannabis, Americans See Legalization As A Net Positive For Economy And Society

By Javier Hasse
Today, 2:12 PM
A decade after Colorado and Washington became the first states to legalize cannabis for adult-use in the US, following the passage of Amendment 64 and Initiative 502, respectively, the majority of Americans believe cannabis has an overall positive impact on the creation of high-quality jobs – at both the local and national level, economic growth and society.

JUSHF