This Week in Cannabis News – July 26th to August 1st
*This news is NOT investment advice. It’s for educational purposes only. *
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
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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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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**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. **