- Benzinga Cannabis Daily
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π Key Market Trends
How cannabis is impacting alcohol consumption and driving food demand.
Happy Monday, Cannabis Investors! President Joe Biden and Vice President Kamala Harris coordinated their X posts on Saturday to coincide with 4/20 as they simultaneously shared their pro-cannabis sentiments at 4:20 p.m.
Plus, the hemp space grew 3X the rate of cannabis. Where did marijuana go wrong?
Also, check out the newest episode of Cannabis Insider, also available on Apple and Spotify.
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TOP STORY
Briefly: How do you scale a cannabis business? What strategies should companies employ? These questions set the stage at the recent Benzinga Cannabis Capital Conference in Florida, where industry leaders gathered to share their insights amid the sector's dynamic challenges.
What Happened: A panel of cannabis investors and CEOs discussed the importance of cash flow, strategic capital allocation and the adaptability of business models to the unique demands of the cannabis market.
Specifically: The panelists emphasized focusing on core strengths, supply chain and market adaptation and changing investor attitudes toward scaling in the cannabis industry.
PRESENTED BY RYSE
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They have patented the only mass market shade automation device, and their exclusive deal with Best Buy resembles that which led Ring and Nest to their billion-dollar buyouts. Learn how you can become a shareholder.
ZINGERS
Colorado's Weed-Theme License Plate Auction Kicks Off: Bid Now, Help Raise Money For Disability Causes
Japanese Cannabis Reform Is Almost Here
Key Market Trends: Cannabis Is Impacting Alcohol Consumption And Driving Food Demand
Inside The Top Cannabis Business Conference In America: High Expectations For Reform, The Future Of Banking And Taxes
After THC-Infused Ketchup Success, Fatburger Celebrates 4/20 With New Special Offering
ONE FOR THE ROAD
Briefly: In the latest Viridian Capital Advisors Weekly Valuation Report are 16 Tier 2 and 3 U.S. cultivation and retail cannabis companies, each boasting market capitalizations between $10 million and $200 million.
So Basically: This deep dive into the sector, amid a notably quiet week for equity issues, brings to the forefront the newly available 2025 analyst consensus estimates, illuminating the evolving valuation trends within this dynamic market.
So What? The report provides an insightful examination of the financial landscape for these cannabis enterprises, offering key observations on their current and projected standings.
KEEP READING
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