Tracking dispensary closures and the reasons why.
NJOY has ~3% market share of U.S. e-cig sales. Revenue estimates puts it at $150M in 2022 (15% decline Y/Y). The company sells a battery, refillable…
TPCO + Gold Flora. CA 2022 sales of $5.3B, down 8.6% from 2021. VA’s adult-use cannabis market stalled indefinitely. Green Check Verified raises $6M…
TPCO merges with Glora Flora rather than go at it alone. A standalone TPCO with its cash balance was thought to have a huge competitive advantage in the…
Twitter to allow cannabis advertising (but can't promote or offer to sale). MariMed acquires third dispensary in MA. Schwazze acquires two Smokey's…
Hirsh's background in law, management consulting, and Government Affairs at Airbnb, Caliva and MedMen provides him a unique perspective to help clients…
Alleaves acquires BioTrack from Forian ($30M). Bloomwell Group (Germany) raises funding from Artemis and Measure 8. Ayr Wellness appoints David Goubert…
Net revenue of $101M declined 28% Y/Y, (2%) GM, ($88M) Adjusted EBITDA. $140-$160M cost reduction next 12 months, impacting 800 jobs.
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Highly Objective