Cannabis companies pitch hemp as alcohol alternative for ‘Dry …
Jan 16, 2025 · A new take on “Dry January” is becoming more popular in 2025: bump the booze, but keep the cannabis. The annual sobriety challenge is seeing record participation, with 25% of U.S. adults who drink alcohol completing the month-long abstinence in 2024, up from 16% in 2023, according to Start Your Recovery, a health organization tracking the trend.
AGP downgrades, lowers price targets on select cannabis companies
Jan 17, 2025 · A lackluster 2024 for the cannabis industry led Alliance Global Partners cannabis analyst Aaron Grey to make changes to some of the cannabis companies under his coverage – including a downgrade and lower price targets. “Sentiment within cannabis is low after a lack of progress on federal reform in 2024 (and Biden’s broader term), Florida failing to pass its adult-use measure and ...
Green Market Report
4 days ago · Green Market Report - Cultivating the Industry's Financial, Business and Economic News into one source. News Briefs, analytics, Portfolios, Videos, and Reports.
Parallel’s legal discovery exposes executive attempts to put out fires
Oct 23, 2024 · The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry.
Acreage says fixed shares worth zero in Canopy USA deal
Nov 25, 2024 · Holders of Acreage Holdings’ (CSE: ACRG.A.U, ACRG.B.U) (OTCQX: ACRHF, ACRDF) fixed shares will likely get nothing when Canopy Growth (TSX: WEED) (Nasdaq: CGC) acquires the U.S. cannabis operator next month, a stark yet unsurprising reversal from the deal’s multi-billion-dollar valuation half a decade ago.
RIP: Cannabis companies, big and small, collapsed in 2024
Dec 23, 2024 · As 2024 winds to a close, the year may well be remembered as one in which the U.S. marijuana industry got a serious wakeup call, with several big-name companies flaming out in spectacular fashion, while plenty of smaller operators also quietly closed up shop.
New York cannabis report reveals latest license numbers, sales stats
Oct 3, 2024 · A new report filed with the New York legislature by state cannabis regulators on Oct. 1 paints a picture of a continually growing legal market that has reached nearly $654 million in sales, but which has also apparently left more than 200 “justice-involved” retail license holders in limbo.. The wide-ranging report, authored by the Office of Cannabis Management and the Cannabis Control ...
US cannabis industry poised for more changes in 2025
Jan 2, 2025 · Despite legalization disappointments from 2024, the cannabis industry is far from standing still as the calendar changes over to 2025.. A significant factor is that use of the plant continues to expand. And a key driver of that is hemp products. But the battle between federally legal hemp products and state-legal marijuana products will likely come to a truce of sorts.
Organigram eyes global cannabis growth after Motif deal
Dec 19, 2024 · Fresh off its biggest deal yet, Organigram Holdings (Nasdaq: OGI) is now refocusing its attention beyond Canada’s borders. The cannabis producer’s executives painted an ambitious picture during Wednesday’s earnings call, detailing plans to dive deeper into Germany’s medical market while squeezing more value from their recent Motif Labs purchase.
Report: Perfect storm for cannabis means forecast of ‘slow growth ...
Dec 11, 2024 · The U.S. marijuana market is likely to slow its roll next year even more than it did in 2024, according to a new white paper from ATB Capital Markets, which outlined various reasons it expects “slow growth” to be a primary theme for public cannabis companies in 2025.