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Pure Sunfarms Rolls Out New Windowed Packaging
GlobeNewswire News Room· 2025-07-23 11:00
Core Insights - Pure Sunfarms Corp. is the first licensed cannabis producer in Canada to introduce windowed packaging for its dried flower products, allowing consumers to see the product before purchase [1][2][3] - This packaging innovation is a response to recent regulatory changes from Health Canada, which now permits transparent containers and cut-out windows for dried flower packaging [2] - The new packaging aims to enhance consumer experience by allowing them to assess quality based on visual characteristics rather than solely on THC content [2][3] Company Overview - Pure Sunfarms is a leading cannabis producer in Canada, operating one of the largest cannabis facilities globally, with a focus on high-quality B.C. grown cannabis [4][7] - The company is recognized as a top-selling brand of recreational dried flower in Canada and produces popular cultivars like Pink Kush [5] - Pure Sunfarms is a wholly owned subsidiary of Village Farms International, Inc., which has extensive experience in Controlled Environment Agriculture and is expanding into high-growth cannabinoid opportunities [6][8] Market Position - Pure Sunfarms operates a greenhouse production facility of 2.2 million square feet and is noted as the lowest-cost producer in Canada [7] - The company has plans for future expansion with an additional 2.6 million square feet of greenhouse capacity [7] - Pure Sunfarms also exports medical cannabis to international markets and is involved in the commercialization of cannabis products through its subsidiary Rose LifeScience [8]
Jushi Holdings Inc. to Report Second Quarter 2025 Financial Results on August 5, 2025
Globenewswire· 2025-07-22 20:05
BOCA RATON, Fla., July 22, 2025 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced that it expects to report its financial results for the second quarter ended June 30, 2025, after the market closes on Tuesday, August 5, 2025. Management will host a conference call and audio webcast on Tuesday, August 5, 2025, at 4:00 p.m. ET to discuss the Company’s financial results. Event:Second Quarter 2025 Fina ...
Why Did Tilray Stock Pop Today?
The Motley Fool· 2025-07-22 18:29
Group 1 - Alliance Global Partners has cut its price target for Tilray Brands (TLRY) stock by 25%, from $1 to $0.75 per share, citing softness in international cannabis and alcohol sales [1][3] - Despite the price target cut, Tilray's stock price increased by 15.8% as of 2:05 p.m. ET on Tuesday, indicating an unexpected investor reaction [1][3] - Tilray generates 25% of its revenue and 40% of its gross profit from alcoholic beverages, which is significant for its overall financial performance [3] Group 2 - Tilray has not reported a profit since 2018 and has never generated positive free cash flow (FCF) [4][5] - Analysts do not expect Tilray to become profitable before 2029, although there are forecasts for positive FCF in 2026 [5] - Given the company's historical performance, there is skepticism regarding its ability to achieve positive FCF in the near future, leading to a recommendation to sell the stock [5]
Marijuana Stock Market Watch: 3 Top U.S. Picks for July 2025
Marijuana Stocks | Cannabis Investments And News. Roots Of A Budding Industry.™· 2025-07-22 14:00
Industry Overview - The U.S. cannabis industry is projected to reach $45 billion in legal sales by 2025, up from $38 billion in 2024, with forecasts suggesting growth to nearly $76 billion by 2030 [1] - The industry currently supports over 440,000 full-time jobs nationwide, indicating significant employment growth [1] - Political momentum is building with lawmakers reintroducing bills for cannabis law reform and states exploring new legalization efforts, which is generating optimism among investors [1] Company Highlights - **Curaleaf Holdings**: Operates in over 17 states with approximately 150 dispensaries, particularly strong in Florida and New York. The company reported over $330 million in revenue for Q1 2025, with gross margins near 48% [4][7] - **Trulieve Cannabis Corp.**: The second-largest cannabis operator in the U.S., with over 180 dispensaries, primarily in Florida. Q1 2025 revenue reached nearly $298 million, with gross margins of 62% [8][10] - **Verano Holdings Corp.**: Operates in more than a dozen states with over 150 retail locations. The company is focused on increasing profitability and expanding its retail footprint, maintaining steady revenue despite market challenges [11][13] Market Dynamics - Cannabis stocks are highly volatile, necessitating technical analysis and proper risk management strategies for traders [2] - Key performance indicators such as moving averages, volume breakouts, and Relative Strength Index (RSI) are essential for making informed trading decisions [2] - Diversification across multiple cannabis stocks can help minimize risks associated with single-stock exposure [2] Future Outlook - The upcoming earnings reports for Curaleaf, Trulieve, and Verano in August 2025 are anticipated to provide insights into revenue trends, profitability, and strategic direction [14] - Despite regulatory uncertainties, these companies are well-positioned for growth, with consistent expansion and improving margins [14]
Cannara Biotech Inc. to Announce Fiscal Q3 2025 Financial Results on July 28, 2025
Globenewswire· 2025-07-21 11:00
Core Viewpoint - Cannara Biotech Inc. is set to release its financial results for the fiscal third quarter ended May 31, 2025, on July 28, 2025, at 7:00 a.m. ET, highlighting its ongoing operations and financial performance in the cannabis industry [1]. Company Overview - Cannara Biotech Inc. is a vertically integrated producer of premium-grade cannabis products, operating two mega facilities in Québec that span over 1,650,000 sq. ft. [4]. - The company has a potential annualized cultivation output of 100,000 kg, leveraging Québec's low electricity costs to produce cannabis products at competitive prices [4]. Earnings Webcast - The CFO of Cannara Biotech, Nicholas Sosiak, will host an earnings webcast on July 28, 2025, at 11 a.m. ET, which will include prepared remarks and a live Q&A session [2]. - Investors are encouraged to submit questions in advance via email, with priority given to those submitted before the session [3].
Planet 13 Announces Release Date of Second Quarter 2025 Financial Results
GlobeNewswire News Room· 2025-07-21 10:30
Core Insights - Planet 13 Holdings Inc. plans to release its financial results for the second quarter ended June 30, 2025, on August 13, 2025, after market close [1] - A conference call will be held on the same day to discuss the financial results, key business highlights, strategy, and outlook, chaired by the Co-CEOs and CFO [2] Company Overview - Planet 13 is a vertically integrated cannabis company with operations in California, Nevada, Illinois, and Florida, known for its award-winning cultivation, production, and dispensary operations [3] - The company operates the largest dispensary in the U.S., located in Las Vegas, and has recently opened its first consumption lounge and dispensary in Illinois [3] - Planet 13 aims to build a globally recognized brand known for innovative cannabis products and world-class dispensary operations [3]
Planet 13 Announces Release Date of Second Quarter 2025 Financial Results
Globenewswire· 2025-07-21 10:30
Core Viewpoint - Planet 13 Holdings Inc. is set to release its financial results for the second quarter of 2025 on August 13, 2025, after market hours, indicating a focus on transparency and communication with investors [1]. Group 1: Financial Results Announcement - The company will announce its second quarter financial results for the period ending June 30, 2025, on August 13, 2025 [1]. - A conference call will be held on the same day to discuss the financial results, key business highlights, strategy, and outlook, chaired by the Co-CEOs and CFO [2][3]. Group 2: Company Overview - Planet 13 is a vertically integrated cannabis company with operations in California, Nevada, Illinois, and Florida, known for its award-winning cultivation, production, and dispensary operations [3]. - The company operates the largest dispensary in the U.S., located in Las Vegas, and has recently opened its first consumption lounge and a dispensary in Illinois [3]. - Planet 13 aims to build a globally recognized brand known for its world-class dispensary operations and innovative cannabis products [3].