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MariMed To Expand Brand Distribution To New York
Globenewswire· 2025-10-23 11:30
NORWOOD, Mass., Oct. 23, 2025 (GLOBE NEWSWIRE) -- MariMed Inc. (“MariMed,” “the Company”) (CSE: MRMD) (OTCQX: MRMD), a leading cannabis consumer packaged goods company and retailer, today announced a licensing agreement with Farm 2 Hand, LLC (“Farm 2 Hand”), a New York State cannabis license holder, that will introduce the Company’s top-selling portfolio of products throughout New York State. Terms of the agreement were not disclosed. Farm 2 Hand intends to manufacture and distribute a variety of MariMed’s ...
Cronos Group Inc. to Hold 2025 Third Quarter Earnings Conference Call on November 6, 2025
Globenewswire· 2025-10-23 11:30
Core Viewpoint - Cronos Group Inc. will hold its third quarter earnings conference call on November 6, 2025, at 8:30 a.m. ET to discuss financial results and answer questions from the investment community [1]. Company Overview - Cronos is a global cannabinoid company focused on advancing cannabis research, technology, and product development, aiming to build a disruptive intellectual property portfolio [3]. - The company is committed to enhancing the consumer experience and developing an iconic brand portfolio, which includes brands like Spinach, PEACE NATURALSand Lord Jones [3]. Conference Call Details - Participants can register for the conference call or webcast online and are encouraged to join fifteen minutes early to avoid delays [2]. - The webcast will be archived for replay on the company's website [2]. Contact Information - For investor relations, Harrison Aaron can be contacted at (416) 504-0004 or via email at investor.relations@thecronosgroup.com [5].
RAMM Pharma Corp. Provides Update on Canada post strike and mailing of the Company´s meeting materials
Globenewswire· 2025-10-22 21:30
Core Points - RAMM Pharma Corp. is facing disruptions due to the ongoing Canada Post strike, which may affect the delivery of meeting materials for the upcoming Special Meeting of Shareholders scheduled for November 12, 2025 [1][2] - The Company operates in the field of cannabinoid pharmacology and product formulation, with a diversified international production and sales platform [5] - RAMM Pharma has vertically integrated operations in Europe, specifically in Italy and Poland, with large extraction and processing facilities [6] Company Information - RAMM Pharma includes several wholly owned subsidiaries such as Canapar Corp., HemPoland Sp. Z o.o., Medic Plast SA, Yurelan SA, Glediser SA, and RAMM Pharma Holdings Corp. [6] - The Company is involved in the production and distribution of hemp products, including CannibiGold-branded products and other private label products [6] - Additional information about RAMM Pharma can be found on their official website [7]
Aurora Cannabis to Host Second Quarter 2026 Investor Conference Call
Prnewswire· 2025-10-22 21:15
Core Points - Aurora Cannabis Inc. has scheduled a conference call to discuss its second quarter 2026 financial results on November 5, 2025, at 8:00 a.m. Eastern Time [1][2] - The company will release its financial results before the market opens on the same day [1] - Miguel Martin, Executive Chairman and CEO, and Simona King, CFO, will host the conference call [2] Company Overview - Aurora Cannabis is a leading global medical cannabis company based in Edmonton, Alberta, serving both medical and consumer markets across Canada, Europe, Australia, and New Zealand [3] - The company's brand portfolio includes various adult-use brands such as Drift, San Rafael '71, Daily Special, Tasty's, Being, and Greybeard, as well as medical cannabis brands like MedReleaf, CanniMed, Aurora, and Whistler Medical Marijuana Co [3] - Aurora holds a controlling interest in Bevo Farms Ltd., a major supplier of propagated agricultural plants in North America [3] - The company emphasizes science and innovation, focusing on high-quality cannabis products to lead in medical, wellness, and adult recreational markets [3][4]
Tilray Brands, Inc. (TLRY): A Bull Case Theory
Yahoo Finance· 2025-10-22 20:58
Core Thesis - Tilray Brands, Inc. is positioned for growth through diversification and international expansion, with a focus on cannabis, beverage, and medical products [2][3][6] Financial Performance - Q4 revenue grew 25% year-over-year to $229.9 million, with beverage sales surpassing cannabis revenue for the first time [2] - Q3 2025 results showed revenue of $209.5 million and non-GAAP breakeven EPS, leading to a 22% intraday share price increase [6] Strategic Initiatives - The company acquired four craft breweries from Molson Coors and introduced new cannabis strains in Canada, indicating a commitment to strategic growth [3] - Tilray expanded its medical cannabis programs and obtained new cultivation and trading licenses in Germany, while launching additional products in Portugal and Canada [2] Market and Regulatory Environment - Political developments in 2024, including potential cannabis deregulation under the Trump administration, created speculation around federal reform [3][5] - Despite Florida voters rejecting a legalization amendment, there is sector-wide optimism regarding easing restrictions and potential banking access for cannabis firms [4] Investor Sentiment - A 14% post-market surge in Tilray shares followed signals from the Trump administration regarding potential cannabis reclassification, renewing investor interest [5] - The company is seen as having a compelling risk/reward profile due to a stronger revenue mix, improving balance sheet, and favorable policy sentiment [6]
Decibel Cannabis Company (OTCPK:DBCC.F) 2025 Conference Transcript
2025-10-22 18:32
Decibel Cannabis Company Conference Call Summary Company Overview - Decibel Cannabis Company is a Canadian cannabis company, established in 2019, and is the sixth largest by market share in Canada [1] - The company operates nationwide with brands including Qwest, Vox, and General Admission, the latter being a top-three brand in Canada [1] - The cannabis industry is experiencing significant growth, projected at a 25% compound annual growth rate (CAGR) through 2033 [1] Industry Insights - The cannabis market is highly fragmented with no single dominant player, allowing for growth opportunities alongside competitors [2] - Canada has contributed to a 54% growth in the global cannabis market through exports [2] - The Canadian market is viewed as mature, growing at approximately 5% annually, while nascent markets in Europe, particularly Germany, are experiencing rapid growth [4][5] International Expansion - Decibel has entered international markets, leveraging learnings from the Canadian market to drive growth [3] - The company expects double-digit growth from international sales, which currently represent 15% of total sales, compared to single-digit growth from domestic sales [7] - International sales increased by 187% quarter-over-quarter [7] - The company is well-positioned with necessary licensing for flower and extract exports, holding one of 13 licenses for flower exports and one of three for extract exports [13] Product Strategy - Decibel focuses on value-added products such as pre-rolls and vapes, which are differentiated from traditional flower products [8] - The company has a broad product array addressing 98% of total sales in the marketplace [9] - International markets are primarily medical, with a focus on flower products, but Decibel plans to introduce extract products as markets mature [9] Financial Performance - The company has maintained profitability and revenue growth, with a target of $25 million EBITDA for 2025 [13] - Year-over-year growth of 7% in the domestic market has been observed, with expectations of continued growth [15] - The company has generated adjusted free cash flow for the past three years and maintains margins close to 50% [16][17] Market Positioning - Decibel's management team has been consistent since inception, contributing to a strong track record of profitability in a challenging sector [6] - The company aims to balance debt and equity, maintaining a comfortable debt-to-EBITDA ratio of approximately two times [18] - The management believes that driving fundamental success through cash flow is key to creating long-term value for shareholders [17] Regulatory Environment - The cannabis industry is highly regulated, treated similarly to pharmaceuticals, which presents both challenges and opportunities for compliance and market entry [13] - Decibel's acquisition of a facility with a 110,000 square foot footprint allows for scalable growth with minimal capital expenditure [33] Future Outlook - The company anticipates further growth as more international markets legalize cannabis, with a focus on facilitating exports and leveraging existing capacities [19][30] - Decibel is positioned to capture market share as new countries come online, particularly in the EU [5][30] Conclusion - Decibel Cannabis Company has a proven track record in Canada and is strategically positioned for international growth, leveraging its experience and regulatory compliance to capitalize on emerging markets [19][34]
NewLake Capital Partners (OTCPK:NLCP) 2025 Conference Transcript
2025-10-22 18:02
Summary of NewLake Capital Partners Conference Call Company Overview - NewLake Capital Partners is the second largest owner of cannabis real estate in the United States, with 34 properties across 12 states and 12 tenants [2][3] - The company focuses on industrial buildings retrofitted for cannabis cultivation and has a significant number of dispensaries in its portfolio [3] Financial Position - The company has deployed nearly $500 million into its properties and operates as a triple-net lease equity REIT, which requires it to pay out dividends [3][4] - The weighted average yield is approximately 12.7%, significantly higher than typical retail (4-6%) and industrial (6-8%) cap rates [4][5] - NewLake has a low expense ratio due to its operational model, where tenants bear all operational costs [5] Dividend and Cash Flow - The company has aggressively grown its dividend since its IPO, maintaining a 79% payout ratio, indicating strong coverage for its dividend payments [5][26] - NewLake has a net cash position of $22 million and minimal debt of $7.6 million against $446 million in invested capital, allowing it to cover dividends even with a significant revenue drop [25][26] Industry Dynamics - The U.S. cannabis industry is valued at over $100 billion, with only about one-third in the legal market, indicating substantial growth potential [9][10] - New states are issuing medical marijuana licenses, and existing medical markets are expanding, which is expected to drive further growth [10][11] - The company is focused on limited-license states, which tend to have better margins due to reduced competition [21][22] Regulatory Environment - Cannabis remains a Schedule I drug federally, but there are ongoing discussions about rescheduling to Schedule III, which could improve the industry's cash flow and credit quality [9][30][32] - Legislative efforts like the SAFE Banking Act and the STATES Act are being pursued, which could facilitate banking access and state-level cannabis programs [14][16][32] Market Trends - There is a notable trend of younger consumers replacing alcohol with cannabis products, which is contributing to market growth [12] - Public support for cannabis legalization is high, with nearly 90% favoring some level of legalization [13] Competitive Landscape - NewLake's tenant base includes leading cannabis companies like Curaleaf, Cresco, and Trulieve, which are performing well financially [18] - The company believes its portfolio is performing better than competitors due to its focus on tenant quality and cash flow underwriting [19][20] Future Outlook - The company anticipates that federal reform will eventually allow it to uplist to a major exchange, which could enhance its market position and investor interest [27][33] - NewLake is focused on quality growth rather than aggressive expansion, which has helped it maintain a strong portfolio amidst industry challenges [35] Conclusion - NewLake Capital Partners presents a compelling investment opportunity in the cannabis real estate sector, with strong financials, a solid dividend, and significant growth potential driven by industry dynamics and regulatory changes [2][5][9]
FLUENT Unifies New York Retail Network with Rebranding of Manhattan and White Plains Dispensaries
Globenewswire· 2025-10-22 18:00
Core Insights - FLUENT Corp. has rebranded its Manhattan and White Plains dispensaries, marking the second and third adult-use locations in New York under the FLUENT brand [1][3] - The rebranding follows FLUENT's acquisition of RIV Capital and aims to enhance the company's presence in the rapidly growing adult-use cannabis market in the U.S. [3] - All three rebranded dispensaries are now integrated into FLUENT's digital platform, allowing for online browsing and ordering [4] Company Strategy - The rebranding of the dispensaries is part of FLUENT's strategy to create a consistent and trusted retail experience across its locations [3] - The company is preparing for the first harvest from its new indoor cultivation facility in Buffalo, with premium flower expected to be available in Q4 [4] - FLUENT aims to unify its retail network under its brand name to strengthen its market position in New York [4] Product Offerings - The rebranded locations feature FLUENT's premium cannabis brands, including MOODS, Knack, Wandr, Alien Labs, and Connected Cannabis [5][6] - FLUENT is committed to operational excellence across cultivation, production, distribution, and retail, with a diverse portfolio of cannabis products [6] Company Operations - FLUENT operates in Florida, New York, Pennsylvania, and Texas, employing 700 staff across 8 cultivation and manufacturing facilities and 42 retail locations [6] - The company also has a wholesale division, ENTOURAGE, which services third-party retailers in New York [6]
Auxly Cannabis Group (OTCPK:CBWT.F) 2025 Conference Transcript
2025-10-22 16:32
Auxly Cannabis Group Conference Call Summary Company Overview - Auxly Cannabis Group is a publicly traded Canadian cannabis company headquartered in Toronto, trading on the TSX and OTCQB exchanges [2][3] - The company has a team of 410 members and specializes in the cultivation and manufacturing of cannabis products [3][4] - Auxly is the third largest producer of cannabis products in Canada, holding a 6.2% market share [4] Financial Performance - For the trailing 12 months as of Q2, Auxly generated $139 million in net operating revenue, $38 million in adjusted EBITDA, and $28 million in net income [5] - Q2 2025 financials showed a record $38.8 million in net revenue, a 33% year-over-year increase, and expanded gross margins to 52%, an 11 percentage point improvement [15] - Adjusted EBITDA for Q2 was $11.6 million, a 123% improvement year-over-year, resulting in a 30% EBITDA margin [15] - The company generated $8.3 million in net income and $4 million in cash flow from operations during Q2 [16] - Over the 12-month period, Auxly achieved a 56% conversion rate of EBITDA to cash flow, generating $21.5 million of cash flow on $38 million of EBITDA [16] Market Dynamics - The Canadian cannabis market is growing, with increasing consumer preference for regulated sources over the illicit market [5][6] - Weaker players exiting the market have improved pricing dynamics for producers like Auxly [6] - The company aims to focus on domestic success while also eyeing international market opportunities [6][7] Product Portfolio and Innovation - Auxly's flagship brand, Back Forty, is the number one brand in cannabis by dollars sold and is present in 97% of retail locations [4] - The company focuses on key product categories: dried flower, pre-rolls, and vapes, which collectively account for about 90% of market sales [4] - Back Forty is growing at a rate of 91% in the dried flower category and 41% in pre-rolls on a rolling 12-month basis [10][11] - Auxly Charlottetown is recognized for its innovation in the vape segment, holding a 23% market share in that category [13] Strategic Partnerships - Auxly has a strategic partnership with Imperial Brands, which owns 19.9% of the company and supports its growth into international markets [7][8] - The partnership has facilitated a five-year R&D collaboration to enhance pre-roll filling and packaging capabilities [11] Operational Excellence - Auxly Leamington, a 1.1 million square foot cultivation facility, is designed specifically for cannabis production and is one of the largest in the world [9] - The facility produces about 100,000 kilograms of high-quality dried flowers annually, with a target of 85% of production going to B2C sales [20] - The company aims to improve output by 8-10% annually through capital-light initiatives [24] Balance Sheet and Future Outlook - Auxly recently recapitalized its balance sheet, eliminating $21 million of debt and transforming its working capital from a deficit to a pro forma surplus of $35 million [17] - The company is focused on prudent capital allocation to high-return opportunities while maintaining profitability and cash flow [18][29] - Auxly is committed to navigating the evolving regulatory environment for international markets with caution and transparency [30] Conclusion - Auxly Cannabis Group is positioned for continued growth in a stable and expanding market, with a strong focus on product innovation, operational excellence, and strategic partnerships [18]
Why Schwab U.S. Dividend Equity ETF Is Having A Tough Year (NYSEARCA:SCHD)
Seeking Alpha· 2025-10-22 14:04
Group 1 - Alan Brochstein is a pioneer in the cannabis investment sector, starting his career in the securities industry in 1986 and founding AB Analytical Services in 2007 to provide consulting for investment advisors [1] - He has been managing the investing group 420 Investor since 2013, focusing on publicly-traded cannabis stocks and moving the group to Seeking Alpha in 2023 [2] - The 420 Investor group covers 20 stocks, providing investment news, earnings report previews, and post-report analyses, along with a model portfolio and multiple weekly video analyses [2] Group 2 - Alan Brochstein is also the managing partner of New Cannabis Ventures, which has been a key provider of financial information in the cannabis industry since 2015 [1] - The investing group offers various features including a monthly newsletter and a chat for investor questions, enhancing engagement and information sharing among members [2]