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Marijuana financial restatements show industry still maturing, insiders say

Marijuana financial restatements show industry still maturing, insiders say
mjbizdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mjbizdaily.com Daily Mail and Mail on Sunday newspapers.

United States , Robert Cohen , John Pelliterri , Matt Karnes , Kurt Schmidt , Big Four , Verano Holdings , Ontario Court Appeal Sept , Greenlane Holdings , Ernst Young , Cronos Group , Kushco Holdings , Massachusetts Based Audit , Jushi Holdings , New York Based , Greenwave Advisors , New York Headquartered Grassi Advisors , Philadelphia Based Kehoe Law , Ontario Court Appeal ,

How a chewing gum heir fell into a sticky situation with weed

Beau Wrigley’s cannabis company is beset by lawsuits filed by angry investors alleging fraud. ....

New York , United States , State Of New York , John Morgan , Matt Karnes , Supreme Court , Us District Court , Ceres Acquisition Corp , Southern District , Greenwave Advisors , British Virgin Islandsand Cyprus ,

New York adult-use cannabis businesses have funding challenges ahead

New York adult-use cannabis businesses have funding challenges ahead
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

United States , New York , East Aurora , Michael Noah , Kaelen Castetter , Karson Humiston , Matt Karnes , Kathy Hochul , Castetter Cannabis Group , Buffalo Business First , Greenwave Advisors , Western New York , Gotham Green Partners ,

More CRE Investors Show Interest in Cannabis Real Estate

With more U.S. states legalizing cannabis use, more CRE investors are getting comfortable with the sector ....

New York , United States , Rhode Island , South Dakota , Scott Fetgatter , Duane Morris , Michael Schwamm , Eric Altstadter , Matthew Karnes , Dime Community Bank , Innovative Industrial Properties , New York Based , State Representative Scott Fetgatter , Greenwave Advisors , Internal Revenue , Francisco Based Dama Financial , Chicago Based Cresco Labs , Greenacreage Real Estate , Thumb Industrie , San Diego Based ,

The Cannabis Industry Is At An Inflection Point, Data Suggests

KEY POINTS
• Now on the cusp of federal reform (timing of which is unknown), the cannabis industry appears at an inflection point with the growth prospects and legitimacy we outlined in 2014 beginning to materialize.
• Our review of a grouping of publicly-traded MSOs for CY ’19 and ’20 with a market cap >$1B, determined revenue growth of these ‘majors’ outpaced the broader cannabis industry by a wide margin YoY (170% vs 43%) yet this group trades at a discount (4.0x ’22 EV/Sales) relative to the industry as a whole (7.6X extrapolated from this grouping which accounts for ~18% of total retail sales of ~$19B in 2020). The reverse holds for the Canadian LPs; top tier is at 8.1x vs the sector at 7.0x (and accounts for ~ 54% of ’20 sales in Canada). ....

United States , New York , Independence Of Research , Greenwave Advisors , Federal Government , Multi State Operators , Industry Enterprise Value , Controlled Substances Act , Wave Advisors , Distribution Strictly , ஒன்றுபட்டது மாநிலங்களில் , புதியது யார்க் , கூட்டாட்சியின் அரசு , பல நிலை ஆபரேட்டர்கள் , விநியோகம் கண்டிப்பாக ,