Core Insights - Planet 13 Holdings Inc. has divested its non-core Orange County retail store and closed its Coalinga cultivation facility as part of its strategy to focus on high-performing markets for long-term growth and profitability [1][2][3] Company Strategy - The divestiture and closure are aimed at concentrating resources on the strongest markets, specifically Nevada and Florida, while pursuing disciplined opportunities to enhance shareholder value [2][3] - The California operations were cash-flow negative and did not align with the company's long-term objectives, prompting the decision to divest [3] Financial Implications - Proceeds from the divestiture, although not material, are expected to strengthen the company's balance sheet and liquidity, allowing for further investment in core markets [3] - The sale of the Orange County retail license is subject to customary closing conditions and regulatory approvals, with an expected closing timeline of approximately three to four months [4] Operational Updates - The Coalinga facility is anticipated to wind down operations by the end of 2025 [4] - Planet 13 operates 33 dispensaries in Florida and a total of 37 locations nationwide, including its flagship dispensary in Las Vegas [5]

Core Insights - The cannabis industry is poised for growth as companies prepare for the end of marijuana prohibition and work on strategic partnerships to meet increasing demand for cannabis products [1][2] - The success of cannabis companies is linked to better laws and the ability to cater to both small batch operators and larger volume companies, emphasizing the importance of product quality for brand loyalty and profitability [2] - A focus on long-term investment strategies is recommended as the sector continues to thrive despite market hurdles and volatility [2] Company Highlights - **Green Thumb Industries Inc.**: Engages in the manufacturing, distribution, marketing, and sale of cannabis products for medical and adult use in the U.S., operating through Retail and Consumer Packaged Goods segments [3] - **Planet 13 Holdings Inc.**: Cultivates and provides cannabis and cannabis-infused products for medical and retail markets in the U.S., recently expanding its retail presence with a new dispensary in Pensacola, Florida [6][8] - Both companies are highlighted as potential investment opportunities in the cannabis stock market [7]

Core Insights - The article discusses the transition of the 420 Investor service to Seeking Alpha, highlighting its historical focus on the cannabis sector and its offerings to investors [1] Group 1: Company Overview - 420 Investor was launched in 2013, coinciding with Colorado's legalization of cannabis for adult use [1] - The service has provided extensive coverage of cannabis stocks, including model portfolios, videos, and written materials to educate investors [1] - Alan Brochstein, CFA, is a prominent figure in the cannabis investment space, having founded AB Analytical Services in 2007 and managing New Cannabis Ventures since 2015 [1] Group 2: Investment Features - The investing group 420 Investor closely monitors 20 cannabis stocks, providing timely investment news, earnings report previews, and post-report analyses [1] - Additional features of the group include a model portfolio, 10 weekly videos with chart analysis, three weekly summary pieces, a monthly newsletter, and a chat function for investor inquiries [1]

Core Insights - The cannabis industry has evolved significantly since 2018, with legal cannabis becoming a legitimate and profitable market, projected to grow further by 2025 [1][2]. Industry Overview - The legal cannabis market is expanding globally, with over half of the USA participating in legalization efforts [1]. - Companies within this sector are publicly traded, providing investment opportunities, but not all cannabis stocks perform similarly due to volatility and uncertain trading patterns [2]. Investment Opportunities - Long-term investing is suggested as a strategy for better gains, especially as industry reforms and concerns are addressed [3]. - Two notable marijuana stocks highlighted for potential strong returns are Verano Holdings Corp. and Jushi Holdings Inc. [7]. Company Financials Verano Holdings Corp. - Reported Q3 2025 financial highlights include: - Revenues of $203 million, net of discounts - Gross profit of $95 million, representing 47% of revenue - SG&A expenses of $81 million, or 40% of revenue - Net loss of $(44) million, or (22)% of revenue - Adjusted EBITDA of $53 million, or 26% of revenue - Net cash provided by operating activities of $26 million - Capital expenditures of $8 million [8]. Jushi Holdings Inc. - Engages in cultivation, processing, retail, and distribution of cannabis for both medical and adult-use markets in the United States [9]. - Scheduled to release Q3 2025 financials on November 4th, 2025, with a conference call to discuss results [10].

Core Insights - Cannabis stocks may experience a rally due to potential new federal regulations for hemp-derived products and a more permissive stance from President Trump on marijuana [1][4][19] Company Performance - Verano Holdings reported revenues of $203 million, a slight increase from the previous quarter but a 6% decrease year-over-year, with a net loss of $44 million attributed to impairment charges and legal contingencies [2] - Tilray Brands' stock surged 22% in October following better-than-expected fiscal first-quarter results, indicating potential for recovery in the sector [3] Market Trends - The cannabis market is projected to reach a $160 billion global market by 2032, with a 40% growth in U.S. cannabis production value last year [6] - Daily or near-daily marijuana use in the U.S. has surpassed daily drinking, reflecting increasing popularity [5] Regulatory Developments - Trump's support for Medicare coverage of CBD and potential reclassification of marijuana could attract more companies to the U.S. cannabis market [4][19] - Congress is considering updates to the 2018 Farm Bill to establish federal standards for hemp-derived products, which could enhance market legitimacy and consumer safety [13][15] Investor Sentiment - Investor optimism has surged following Trump's video promoting CBD, with significant stock price increases for companies like Tilray and Aurora Cannabis [9][11] - The cannabis industry is hopeful that federal regulations could legitimize the market and attract institutional investors [17][18] Challenges and Concerns - Despite optimism, some Republican lawmakers are pushing for stricter regulations on hemp-derived products due to safety concerns, which could impact market dynamics [24][28] - The cannabis market remains largely unregulated, leading to potential safety issues and consumer exposure to mislabeled products [15][27]

Core Insights - Jeremy Szafron has joined Kitco News as an anchor and producer, bringing extensive experience in journalism, particularly in finance and current affairs [1][5] Background and Career Development - Jeremy began his journalism career in 2006 at CTV, initially focusing on entertainment before transitioning to business reporting, especially in mining and small-cap sectors [2] - He gained recognition for his macro-financial and market trends analysis, becoming a sought-after commentator on CTV Morning Live and CTV News Network [2] - A significant highlight of his career was covering the 2010 Vancouver Olympic Games, which led to the development of an online video news program for PressReader, a digital newsstand with 8,000 editions in 60 languages [3] Digital Media and Industry Engagement - In 2012, Jeremy launched The Green Scene Podcast, which quickly attracted over 400,000 subscribers, establishing him as a prominent voice in the cannabis industry [4] - Following this success, he created Investor Scene and Initiate Research, platforms that provide exclusive market insights and deal-flow opportunities in mining and Canadian small-cap markets [4] Professional Expertise - Jeremy has served as a market strategist and investor relations consultant for various publicly traded companies across mining, energy, consumer packaged goods (CPG), and technology sectors [5] - He holds a BA in Journalism from Concordia University, which has supported his diverse career trajectory [5]

Core Insights - Glass House Brands Inc. will report its financial results for Q3 2025 on November 12, 2025, after market close, followed by a conference call at 5:00 p.m. Eastern Time [1] - The company has recently listed its U.S. OTC stock on Robinhood's trading platform, effective October 13, 2025, making it the first U.S.-based plant-touching cannabis operator available on this commission-free platform [3][4] Company Overview - Glass House is recognized as one of the fastest-growing, vertically integrated cannabis companies in the U.S., focusing on the California market and building strong brands across various consumer segments [5] - The company's brand portfolio includes Glass House Farms, PLUS Products, Allswell, and Mama Sue Wellness, along with a network of retail dispensaries in California [5]

Core Insights - Rubicon Organics Inc. is set to release its financial results for Q3 2025 on November 12, 2025, after market close [1] - A conference call to discuss these results will be held on November 13, 2025, at 7:00 AM PT / 10:00 AM ET [2] Company Overview - Rubicon Organics is a leading Canadian producer of certified organic and premium cannabis, with a vertically integrated model and strong national distribution [3] - The company is scaling its portfolio of trusted brands, including Simply Bare™ Organics and 1964 Supply Co.™, among others [3] Production Capacity and Growth - The company's production is anchored by its Pacifica facility in Delta, BC, and is set to expand with the acquisition of the Cascadia facility in Hope, BC, increasing production capacity by over 40% [4] - This expansion will support growth in both domestic and export markets, positioning Rubicon at the forefront of the premium cannabis segment [4] Market Position and Strategy - As the Canadian cannabis market rationalizes and global demand for high-quality cannabis rises, Rubicon's disciplined execution and brand equity distinguish it from competitors [5] - The company's focus on premium quality, innovation, and operational execution has led to consistent revenue growth and positive Adjusted EBITDA [5] - Rubicon Organics represents a unique combination of category leadership, operational strength, and long-term growth potential [5]

Core Insights - Village Farms International, Inc. has launched a unique cannabis packaging innovation featuring a built-in matchbook accessory for its pre-roll offerings, enhancing convenience for consumers [1][3] - The convenience category is rapidly growing in the Canadian cannabis market, now representing 55% of total cannabis sales, driven by consumer demand for portable and easy-to-use products [2] Company Overview - Village Farms is a large-scale, vertically-integrated supplier of plant-based Consumer Packaged Goods, leveraging decades of experience in Controlled Environment Agriculture [4] - The company has transitioned from being a leading fresh produce supplier to focusing on high-growth cannabinoid opportunities while maintaining its produce assets [4] Cannabis Operations - In Canada, Village Farms' subsidiary Pure Sunfarms operates one of the largest cannabis facilities globally, with 2.2 million square feet of greenhouse production, and is recognized as a low-cost producer with high-quality products [5] - The company has an additional 2.6 million square feet of greenhouse capacity for future expansion and holds an 80% stake in Rose LifeScience, a leader in cannabis product commercialization [5] International Expansion - Village Farms is targeting international cannabis opportunities with significant growth potential, exporting medical cannabis to markets such as Germany, the UK, Israel, Australia, and New Zealand [6] - The company is also expanding its export business and investing in international production assets, including a license to grow and distribute recreational cannabis in the Netherlands [6] U.S. Market Strategy - Village Farms plans to enter the U.S. THC market by leveraging its Texas-based greenhouse assets, which include 2.2 million square feet of existing capacity and 950 acres of land for future expansion [7] Renewable Energy Initiatives - Village Farms Clean Energy, in partnership with Terreva Renewables, generates renewable natural gas from landfill gas, receiving royalties on all generated revenue [8]

Core Points - IM Cannabis Corp. announced the resignation of Chief Financial Officer Uri Birenberg for personal reasons, effective January 5, 2026, or earlier if determined by the company [1] - The CEO of IM Cannabis expressed gratitude for Birenberg's contributions over the past two years and wished him success in his future endeavors [2] - Birenberg stated his pleasure in serving as CFO and expressed confidence in the company's future [2] Company Overview - IM Cannabis Corp. is an international medical cannabis company operating in Israel and Germany, focusing on providing premium cannabis products to medical patients [3] - The company utilizes a data-driven approach and a globally sourced product supply chain to enhance its commercial and brand power [3] - IM Cannabis operates through subsidiaries in Israel, importing and distributing cannabis, and also runs medical cannabis retail pharmacies and distribution centers [4] - In Germany, the company distributes cannabis to pharmacies through its subsidiary Adjupharm GmbH [4]