A national weed glut is causing prices to plummet and imperiling businesses
In Michigan, the number of cultivators has doubled while prices have dropped by 75 percent.
Stay updated with breaking news from Jonathan Decourcey. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
In Michigan, the number of cultivators has doubled while prices have dropped by 75 percent.
Regulatory disappointment in December accelerated steep losses suffered by cannabis ETFs this year.
Persistent delay in the legalization at the federal level has impacted investor sentiment for cannabis stocks. President Joe Biden’s decision to ...
In a recent analyst note, Jonathan DeCourcey from Viridian Capital Advisors provided an update on cannabis companies Planet 13, Ascend Wellness&nb...
Share: The cannabis industry has been booming for the last several years with many companies finally attracting much-needed attention from investors. Nevertheless, due to the nature of the industry, most of the attention is directed at the larger multi-state operators, while other quality companies are going unnoticed. The cannabis-focused financial and strategic advisory firm, Viridian Capital Advisors, in its newest equity research report , looked at this issue and highlighted cannabis operators which, based on their opinion, have uncovered potential. “In our view, investor awar...