Core Insights - The cannabis sector is experiencing renewed trading momentum, driven by political developments regarding federal reform, particularly comments from Donald Trump [1][2] - A potential reclassification of cannabis from Schedule I to III could provide significant tax relief and improve banking access, which may attract institutional investment [2] - Investors are actively developing trading strategies to capitalize on the improving market conditions for cannabis stocks [3] Company Highlights - Planet 13 Holdings Inc.: Engages in the cultivation and provision of cannabis products for medical and retail markets in the U.S. [4][6] - FLUENT Corp.: Reported Q2 2025 revenue of $26.9 million, down 13.6% from $31.1 million, with a net loss of $13.3 million compared to a net loss of $8.1 million in the previous period [9] - Cresco Labs Inc.: Recently closed a refinancing deal for a $325 million senior secured term loan with a 12.5% interest rate, maturing in 2030, aimed at strengthening its balance sheet [12][13] Financial Performance - FLUENT Corp. reported a gross profit of $11.7 million (43.4% margin), down from $15.8 million (50.9% margin) [9] - Total expenses for FLUENT Corp. decreased by 4.6% to $18.5 million from $19.4 million [9] - Adjusted EBITDA loss for FLUENT Corp. was $2.4 million, compared to an adjusted EBITDA of $3.2 million previously [9] Strategic Developments - FLUENT Corp. announced a partnership with Connected cannabis to establish a new facility in Buffalo, New York, which will double its cultivation capacity in the state [10][11] - Cresco Labs emphasized its disciplined capital management approach through the recent refinancing, aiming to focus on growth strategy execution [13]
Top Marijuana Stocks To Watch In A Volatile Sector 2025
Marijuana Stocks | Cannabis Investments And News. Roots Of A Budding Industry.™·2025-08-20 14:18