šŸ’˜ Love Is In The Buds

Plus, the three biggest things cannabis investors look for.

Happy Valentineā€™s Day Investors! Check out the weed retail trends, sales insights and business opportunities heating up just in time for the holiday.

Plus, Hawaii Senators approve cannabis legalization bill, despite internal opposition.

And, check out the newest episode of Cannabis Insider, also available on Apple and Spotify.*

Puff Pass: Did someone forward you this email? Click here to get automatically subscribed.

TOP STORY

Jimmy Fallon Omg GIF by The Tonight Show Starring Jimmy Fallon

Briefly: Mark Collins, Grupo Flor CFO and upcoming speaker at the Benzinga Cannabis Market Spotlight: California event, spilled the tea on the financial challenges and opportunities in the cannabis industry.

So Basically: Cannabis investment has changed a lot in the past five years. Collins points out the shift toward more informed and purposeful investment, highlighting the critical elements that attract todayā€™s investors: a competent team, proven revenue, and a distinctive business proposition.

So What? ā€œInvestors in both cannabis and other markets all look for three things: the right people, revenue, and uniqueness,ā€ he explains, underlining the evolved investment criteria in the cannabis sphere.

What Next: Read more of Collinsā€™ thoughts here. Or, better yet, hear them in person: Buy your tickets today for the Benzinga Cannabis Market Spotlight.

JOIN US IN CALIFORNIA

This premier event, focused on high-impact networking, offers a chance to connect and create lasting business relationships.

Engage with top industry figures in structured sessions and casual mixers, turning each interaction into a potential business breakthrough.

Itā€™s more than networking: itā€™s where the future of cannabis in California (and beyond) is shaped. Be part of the defining conversation.

FIVE ZINGERS

Mike Tyson's marijuana business partners with Royal Queen Seeds

Mayor and son arrested for illegally growing more than 200 plants of marijuana

Innocan reveals 433% YoY increase in 2023 revenue as it pursues FDA approval

Thailand delays ban on cannabis as anxious business people prepare to file thousands of lawsuits

Organigram reports 16% YoY revenue drop but kicks off year 'With A Bang,' with hundreds of millions in investment in tobacco giant

ONE FOR THE ROAD

Air Happiness

Briefly: Virginia lawmakers took a big step toward normalizing cannabis use in the state.

What Happened: New legislation seeking to protect parents and guardians against any cannabis-related discriminatory actions was unanimously approved by the Virginia Senate on Friday.

What It Does: The legislation states that "a child shall not be considered an abused or neglected child, and no person shall be denied custody or visitation of a child, based only on the fact that the childā€™s parent possessed or consumed legally authorized substances."

What It Means: In short, the law would prohibit the use of cannabis as sole evidence of child abuse or neglect. Virginia was the first state in the South to legalize recreational use, but has yet to establish a framework for selling it.

What Next: Read the details here.

KEEP READING

Before you go, be sure to subscribe to our other newsletters:

Ring The Bell: If you have to pick just one daily financial newsletter, itā€™s not a choice. Subscribe here.

The Street Sheet: A Wall Street cheat sheet, delivered every Sunday directly to your inbox. One-click subscribe here.

Future Finance: TradFi is tired. Wake up to the future of finance with this midday fintech and crypto letter. Subscribe here.

The Flag: Top takes from Washington to Wall Street impacting policy and your portfolio. One-click subscribe here.