Mid-Week Update: https://youtu.be/y7OiMFmEvaw
TLRY Earnings: https://youtu.be/5H7_dmybE8s
Note: EBITDA = Earnings or Profits After Cost of Goods Sold / Sales = Revenue
Timecodes:
00:00 – Intro
00:40 – Recapping Late Friday Action For Context, My Plan for Next Week
2:07 – OpEd From Tim Seymour & Brady Cobb, Outlining Best Case Scenario For 2021
3:55 – Press Saying Cannabis Wave Coming Late August, Some Foreshadowing?
5:24 – Legislative Stagnation CAN’T and WONT Impede On State Growth M/M, Y/Y
6:06 – SAM Admitting Defeat, Highlighting Bill Amendments That Protect Banks
8:00 – Understanding Washington: Follow the Minibus – MUST READ FOR INVESTORS!
9:10 – Todd Harrison Interview on Fox, Making Sense Of Where We Stand Today
12:52 – Tweet – UBS Switzerland Offers MSO Custody Again, Maybe More to Follow?
13:33 – EV/EBITDA (Earnings/Profit) Multiples for MSOs Via Todd Harrison
15:00 – IL Had First Lottery to Hand out 55 More Dispensary Licenses, 2 More to Come
15:35 – Chicago Cannabis Shops Stock Up For Lollapalooza
16:57 – Florida Update, Strong Sales, Added 2,844 Patients
17:40 – Michigan Credit Union to Offers Banking Services, Good Sign For What’s to Come
19:07 – Gen Z Overtakes Baby Boomer Market Share Already
19:58 – Green Thumb To Open 60th Store, First “RISE” Aug 2nd
20:38 – Verano Opens Another Dispensary With 4 Lane Drive Through
21:27 – 49% Self Reported Reductions in Tobacco Use Following Medical Cannabis
22:35 – Another Study, Cannabis Aids Treatment-Resistant Depression and Alcoholism
24:05 – NORML’s 2021 Report Highlighting 450+ Studies Assessing Cannabis Benefits
25:20 – Top 7 Mid Cap MSOs – Cannabis Investing Network Podcast
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Sources:
https://www.benzinga.com/markets/cannabis/21/07/22254348/the-tide-is-turning-investing-around-the-schumer-cannabis-reform-bill
https://www.benzinga.com/markets/cannabis/21/07/22239621/cannabis-stocks-next-big-wave-is-coming-late-august
https://finance.yahoo.com/news/cannabis-stocks-next-big-wave-235520637.html
u mad bro?https://t.co/V7xHo6J50Q pic.twitter.com/E4An2sisPa
— Tom Angell 🌳📰ⓥ (@tomangell) July 30, 2021
Understanding Washington: “Follow the Minibus” from weedstocks
https://video.foxbusiness.com/v/6265759691001#sp=show-clips
Speaking Of Broker Custody Issues… If This Is True Extremely Bullish 🐂 For US MSO’s from CannabisMSOs
fun with numbers
estimated #cannabis multiples
🇺🇸 🇨🇦 #cannabis 🌿 pic.twitter.com/3v969eQaOV
— Todd Harrison (@todd_harrison) July 28, 2021
https://www.idfpr.com/Forms/AUC/230pm%20List%20to%20be%20posted.pdf
https://www.chicagotribune.com/business/ct-biz-weed-lollapalooza-sales-boost-20210729-zoresp4i4nf67fhbbyxr7vmgw4-story.html
https://s27415.pcdn.co/wp-content/uploads/ommu_updates/2021/073021-OMMU-Update.pdf
https://mjbizdaily.com/michigan-credit-union-to-provide-banking-services-to-marijuana-companies/
https://cheddar.com/media/cannabis-native-gen-z-overtakes-baby-boomer-market-share-in-2021
https://investors.gtigrows.com/investors/news-and-events/press-releases/press-release-details/2021/Green-Thumb-Industries-to-Open-Rise-Salem-in-Virginia-Its-60th-Retail-Location-in-the-Nation-on-August-2/default.aspx
https://investors.verano.com/news/news-details/2021/Verano-Affiliate-Announces-Opening-of-Flagship-Pittsburgh-Dispensary-with-Western-Pennsylvanias-First-Drive-Through/default.aspx
https://www.journalofsubstanceabusetreatment.com/article/S0740-5472(21)00207-5/fulltext?fbclid=IwAR3NxAQ9gQaLow1G9U722UgwOT9MmeRdQtX5yRyM-CWbE635BaB–Y6kZoU
https://www.forbes.com/sites/lindseybartlett/2021/07/30/recent-study-finds-cannabis-aids-treatment-resistant-depression-and-alcohol-dependency/?sh=7ac06fe13c4d
https://podcasts.apple.com/us/podcast/cannabis-investing-network/id1473608442?i=1000530259576
This Week in Cannabis is a weekly recap of the Cannabis industry for retail investors to learn about the budding opportunity unfolding in North America before Cannabis goes global.
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Disclaimer
**This is not investment advice. It is educational and informative entertainment to help people learn new investing perspectives that they can compare with their own. Invest at your risk. **
