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Initiation
Cantor initiates 10 cannabis names, sees opportunity after sellofff » 07:33
02/14/20
02/14
07:33
02/14/20
07:33
TCNNF

Trulieve Cannabis

$0.00 /

+ (+0.00%)

, GGBXF

Green Growth Brands

$0.00 /

+ (+0.00%)

, MMNFF

MedMen

$0.00 /

+ (+0.00%)

, GTBIF

Green Thumb Industries

$0.00 /

+ (+0.00%)

, CURLF

Curaleaf Holdings

$0.00 /

+ (+0.00%)

, CRLBF

Cresco Labs

$0.00 /

+ (+0.00%)

, AYRSF

Ayr Strategies

$0.00 /

+ (+0.00%)

, ACRGF

Acreage Holdings

$0.00 /

+ (+0.00%)

, HRVSF

Harvest Health & Recreation

$0.00 /

+ (+0.00%)

, ITHUF

iAnthus

$0.00 /

+ (+0.00%)

Cantor Fitzgerald analyst…

Cantor Fitzgerald analyst Pablo Zuanic launched coverage of 10 U.S. multi-state cannabis operators, saying the stocks are attractively valued with solid underlying industry fundamentals. He rates at Overweight Cresco Labs (CRLBF) and Trulieve Cannabis (TCNNF) and rates at Underweight Green Growth Brands (GGBXF). The analyst is Neutral on the rest of the space, but adds he will "keep an open mind." The Neutral ratings are on MedMen (MMNFF), Green Thumb Industries (GTBIF), Curaleaf Holdings (CURLF), Cresco Labs (CRLBF), Ayr Strategies (AYRSF), Acreage Holdings (ACRGF), Harvest Health & Recreation (HRVSF) and iAnthus (ITHUF). The current regulatory environment in key large U.S. "restricted" states provides a unique opportunity for multi-state operations to build out assets with a limited pool of competitors and be in a position of strength when full legalization comes, Zuanic tells investors in a research note. The boom and bust seen in Canadian stocks has, "unwarrantedly," dragged down U.S. MSOs and "masked strong underlying growth trends," contends the analyst. He believes this creates an attractive investment opportunity in the U.S. space.

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Thursday
Initiation
Green Thumb Industries initiated with a Neutral at Cantor Fitzgerald » 16:10
02/13/20
02/13
16:10
02/13/20
16:10
GTBIF

Green Thumb Industries

$0.00 /

+ (+0.00%)

Cantor Fitzgerald analyst…

Cantor Fitzgerald analyst Pablo Zuanic initiated coverage of Green Thumb Industries with a Neutral rating.

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Over a week ago
On The Fly
Rising High: Tilray cuts 10% of staff as MedMen, WeedMD transition CEOs » 10:17
02/06/20
02/06
10:17
02/06/20
10:17
TLRY

Tilray

$17.83 /

+0.28 (+1.60%)

, MMNFF

MedMen

$0.00 /

+ (+0.00%)

, WDDMF

WeedMD

$0.00 /

+ (+0.00%)

, ACB

Aurora Cannabis

$2.12 /

+ (+0.00%)

, IIPR

Innovative Industrial Properties

$95.87 /

+0.825 (+0.87%)

, GTBIF

Green Thumb Industries

$0.00 /

+ (+0.00%)

, APHA

Aphria

$4.58 /

-0.02 (-0.44%)

, CVSI

CV Sciences

$0.00 /

+ (+0.00%)

, CTST

CannTrust

$1.01 /

-0.005 (-0.49%)

, CGC

Canopy Growth

$21.93 /

+0.28 (+1.29%)

, CANN

General Cannabis

$0.00 /

+ (+0.00%)

, CRON

Cronos Group

$7.36 /

+0.09 (+1.24%)

, IGC

India Globalization Capital

$0.64 /

+0.0072 (+1.14%)

, TCNNF

Trulieve Cannabis

$0.00 /

+ (+0.00%)

, ZYNE

Zynerba

$5.12 /

+ (+0.00%)

In this week's "Rising…

Open Full Text

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Hot Stocks
Green Thumb Industries closes sale of Ohio facility to Innovative Industrial Properties » 07:20
02/03/20
02/03
07:20
02/03/20
07:20
GTBIF

Green Thumb Industries

$0.00 /

+ (+0.00%)

, IIPR

Innovative Industrial Properties

$89.50 /

-4 (-4.28%)

Green Thumb Industries…

Green Thumb Industries (GTBIF) announced it has closed on a transaction to sell its Toledo, Ohio processing facility to Innovative Industrial Properties (IIPR). GTI will lease back the facility via a long-term agreement and continue to operate and manage it. The purchase price for the property was $2.9M, excluding transaction costs. GTI is also expected to make certain improvements to the property that will significantly enhance production capacity, for which IIP has agreed to provide reimbursement of up to $4.3M. Assuming full reimbursement for such improvements, IIP's total investment in the property will be $7.2M. This marks IIP's second transaction with GTI, following a sale-leaseback for GTI's cannabis cultivation and processing facility in Danville, Pennsylvania completed in November 2019. In addition to the manufacturing facility in Toledo, GTI owns and operates four Rise stores in Ohio in Toledo, Cleveland, Lorain and Lakewood, with another store in Lakewood expected to open during the first quarter of 2020. Medical cannabis sales began in Ohio in 2019, and as of the end of December, nearly 80,000 patients and over 8,000 caregivers had been registered for the state's medical cannabis program, generating approximately $60 million during the first year of sales, with 50 percent of those revenues coming in the last quarter of 2019.

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Conference/Events
Green Thumb Industries management to meet with Benchmark » 04:55
01/31/20
01/31
04:55
01/31/20
04:55
GTBIF

Green Thumb Industries

$0.00 /

+ (+0.00%)

Meetings to be held in…

Meetings to be held in Chicago, IL on January 30 and in Milwaukee, WI on January 31 hosted by Benchmark.

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Hot Stocks
Green Thumb Industries to open Rise Quincy store in Illinois » 07:22
01/30/20
01/30
07:22
01/30/20
07:22
GTBIF

Green Thumb Industries

$0.00 /

+ (+0.00%)

Green Thumb Industries…

Green Thumb Industries announced Rise Quincy, the company's seventh store in Illinois and 41st in the nation, will open on Friday, January 31. Rise Quincy is the second adult-use only store to open in Illinois since the Cannabis Regulation and Tax Act passed while Rise Joliet was the first, opening on January 1 to coincide with the onset of adult-use sales in the state. Green Thumb Industries also offers adult-use sales at Rise Canton, Rise Mundelein and 3C Joliet. Two of GTI's Illinois stores, The Clinic Effingham and 3C Naperville, currently only offer sales to customers with a valid Illinois medical marijuana card.

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Conference/Events
Green Thumb Industries management to meet with Benchmark » 04:55
01/30/20
01/30
04:55
01/30/20
04:55
GTBIF

Green Thumb Industries

$0.00 /

+ (+0.00%)

Meetings to be held in…

Meetings to be held in Chicago, IL on January 30 and in Milwaukee, WI on January 31 hosted by Benchmark.

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Conference/Events
Green Thumb Industries management to meet with Benchmark » 08:17
01/27/20
01/27
08:17
01/27/20
08:17
GTBIF

Green Thumb Industries

$0.00 /

+ (+0.00%)

Meetings to be held in…

Meetings to be held in Chicago, IL on January 30 and in Milwaukee, WI on January 31 hosted by Benchmark.

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Over a month ago
On The Fly
Rising High: MJardin to sell Cheyenne cultivation facility to Harvest for $35M » 09:51
01/02/20
01/02
09:51
01/02/20
09:51
MJARF

MJardin Group

$0.00 /

+ (+0.00%)

, HRVSF

Harvest Health & Recreation

$0.00 /

+ (+0.00%)

, MEDIF

Medipharm Labs

$0.00 /

+ (+0.00%)

, GTBIF

Green Thumb Industries

$0.00 /

+ (+0.00%)

, ACB

Aurora Cannabis

$2.19 /

+0.04 (+1.86%)

, KHC

Kraft Heinz

$32.30 /

+0.17 (+0.53%)

, PEP

PepsiCo

$137.12 /

+0.44 (+0.32%)

, MDLZ

Mondelez

$55.22 /

+0.14 (+0.25%)

, ZYNE

Zynerba

$6.15 /

+0.1 (+1.65%)

, APHA

Aphria

$5.25 /

+0.035 (+0.67%)

, CVSI

CV Sciences

$0.00 /

+ (+0.00%)

, CTST

CannTrust

$0.97 /

+0.0499 (+5.42%)

, CRON

Cronos Group

$7.60 /

-0.075 (-0.98%)

, TLRY

Tilray

$17.27 /

+0.16 (+0.94%)

, CGC

Canopy Growth

$20.93 /

-0.155 (-0.74%)

, CANN

General Cannabis

$0.00 /

+ (+0.00%)

, IGC

India Globalization Capital

$0.64 /

+0.0049 (+0.78%)

, TCNNF

Trulieve Cannabis

$0.00 /

+ (+0.00%)

In this week's "Rising…

Open Full Text

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Hot Stocks
Green Thumb Industries announces launch of adult-use cannabis sales in Illinois » 07:09
01/02/20
01/02
07:09
01/02/20
07:09
GTBIF

Green Thumb Industries

$0.00 /

+ (+0.00%)

Green Thumb Industries…

Green Thumb Industries announced that it opened its 40th store, Rise Joliet, the first adult-use only store in Illinois. GTI has six open stores in the state including The Clinic Effingham and 3C Naperville, which will currently only offer sales to customers with a valid Illinois medical marijuana card. The Clinic Effingham is expected to begin adult-use sales later in January pending a special use permit hearing. Naperville will hold a non-binding voter referendum on adult-use sales in March, and until then the store will only be open to registered medical patients. Rise Quincy will be an adult-use store and is expected to open within several days pending final actions by the state.

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