Oregon Is Investing in Illegal Grower Takedowns

Oregon isn’t playing around anymore when it comes to illegal cannabis growers. The Oregon Legislature has approved $25M through the “Illegal Marijuana Market Enforcement Grant Program” to shutdown growers operating outside state regulations. Continue reading “Oregon Is Investing in Illegal Grower Takedowns”

Curaleaf’s Mislabeling Mistake

Curaleaf Holdings (CURLF) may be facing a wrongful death lawsuit regarding the mislabeling of a CBD tincture. The company recalled approximately 500 bottles on September 21, 2021.

The company pointed to human error as the root cause of the mislabeling and worked directly with the Oregon Liquor and Cannabis Commission (OLCC) to immediately remove the items in question from sale. Continue reading “Curaleaf’s Mislabeling Mistake”

Schwazze (SHWZ) Snags Smoking Gun in Acquisition

Schwazze (SHWZ), formerly known as Medicine Man Technologies, Inc.,┬áis a vertically integrated cannabis company operating in Colorado and New Mexico. Schwazze’s portfolio includes leading businesses and brands, “spanning seed to sale.”

On December 21, 2021, the company announced the acquisition of Smoking Gun, LLC and Smoking Gun Land Company, LLC. The company swapped $4M and 100K shares of common stock to nab this dispensary operating in the greater Denver metro area. Continue reading “Schwazze (SHWZ) Snags Smoking Gun in Acquisition”

Montana Moves Closer to Recreational Launch

Montana is moving closer to the launch of its recreational program scheduled for January 1. While this state has a population of barely over 1 million, experts expect sales to exceed $300M in annual sales by 2025.

While the state expects many recreational users to be tourists, many businesses believe that weak cultivation and processing capacity could lead to a supply shortage, particularly for edible and vape products. Continue reading “Montana Moves Closer to Recreational Launch”

Labor Shortage Hits Cannabis Sector

Cannabis Dispensary

The cannabis sector isn’t immune to labor shortages. Companies in California are finding it challenging to place workers in customer-facing positions.

With a newly launched 170,000 square-foot cultivation and processing plant, 4Front Ventures (FFNTF) is looking to hire. Unfortunately, the company is reporting low applicant response rates and still has more than a dozen openings. Continue reading “Labor Shortage Hits Cannabis Sector”

Arizona to Top $1 Billion in Cannabis Sales in 2021

Cannabis In Arizona

Arizona voted to legalize recreational cannabis in November of 2020 and the market went live in February of 2021.

Since then, Arizona has quickly grown into one of the largest cannabis markets in the U.S. Recent data shows that recreational sales hit a new all-time high in October. Continue reading “Arizona to Top $1 Billion in Cannabis Sales in 2021”

#1 Cannabis Stock for 2022

If you’re looking for a growth stock that is priced like a value stock, then it’s time to check out my #1 cannabis stock for 2022.

  • This early industry leader is one of the fastest-growing companies in the U.S.
  • Third-quarter sales more than doubled from last year
  • Shares are trading more than 50% below the 52-week high – a rare discount for a growth stock like this

With shares trading at a deep discount to sales growth, this stock is in position for a big rebound in 2022. That’s why this is my #1 cannabis stock for 2022. Continue reading “#1 Cannabis Stock for 2022”

After a 76% Decline in 2021, This Growth Stock Is Undervalued

2021 has been a challenging year for U.S. cannabis stocks. The Advisor Shares U.S. Cannabis ETF (NASDAQ: MSOS) is down 30% on the year and 52% from the 52-week high.

However, despite the carnage, there is a silver lining. Cannabis stocks are the most undervalued they have ever been.

Today I am going to share one of the most undervalued stocks from the group. Continue reading “After a 76% Decline in 2021, This Growth Stock Is Undervalued”