Verano COO Darren Weiss Talks About How the Company is Navigating a Tight Capital Market May 11, 2023 Brian MacIver Company Stories, Multiple State Operators, Uncategorized 0 Comments In its Q1 2023 earnings report announced on May 10, multi-state operator Verano Holdings presented an image of a company that has been navigating difficult market conditions with intention. As it tightened its belt on selling, general, and administrative (SG&A)… Read More→
Canopy Growth: How We Got Here February 15, 2023 Brian MacIver Company Stories, News & Insights 0 Comments On Feb. 9, 2022, Canadian cannabis titan Canopy Growth announced its latest round of layoffs and facility shutdowns, including its departure from its flagship facility at the former Hershey’s chocolate plant in Smiths Falls, Ontario. “The Canadian business transformation plan,”… Read More→
Fyllo: Connecting a Cannabis Flywheel November 30, 2022 Brian MacIver Compliance and Regulations, Science and Technology 0 Comments A consumer data marketplace. An advertising and promotions platform. A compliance tool. A regulatory database. This is not a checklist of software and digital technologies that cannabis companies should consider, but rather an abbreviated form of what Fyllo (pronounced FEE–low)… Read More→
POSaBIT: From Bitcoin Payments to Cannabis Financial Institution November 22, 2022 Brian MacIver Point-of-Sale, Science and Technology 0 Comments Ryan Hamlin’s cannabis origin story is not an uncommon one. The founder and CEO of cannabis debit payment and point-of-sale (POS) platform POSaBIT (pronounced PAUSE-ah-bit) found himself at a barbecue in Washington state in late 2014, chatting with a friend… Read More→
Viridian Capital Chart Highlights “Fragmented” National Cannabis Industry November 22, 2022 Tom Hymes Mergers & Acquisitions, News & Insights 0 Comments A just-released chart entitled “The Fragmented Cannabis Industry” by Viridian Capital Advisors presents a cannabis industry in which six of the largest multistate operators (MSOs) accounted for 20 percent of revenue for 2021. A far greater percentage of revenue –… Read More→
The Cannabusiness Key June Webcast: The State of Cannabis Capital Markets and M&A July 5, 2022 CBE Staff Banking, Finance & Real Estate, Mergers & Acquisitions 0 Comments The following is a transcript of The Cannabusiness Key “The State of Cannabis Capital Markets and M&A” webcast, which aired on June 29, 2022. It has been edited for clarity. For more information, and to register to view the archived… Read More→
Cannabis M&A – A Template for Success, Part 1 November 16, 2020 Erik Ott Banking, Finance & Real Estate, Spotlight 0 Comments Opportunities abound for today’s cannabis producers, but any business seeking to sell a cannabis operation is likely to face a steep learning curve and numerous unforeseen obstacles. In a three-part series, Erik Ott of investment bank KO Acquisitions will lay… Read More→