MJ News and Press, ETFMG Alternative Harvest From 08/15/22

Emily Paxhia and Hirsh Jain catch us up on the California cannabis market and beyond. Elimination of cultivation tax, but other taxes remain. Cannabis pricing, legal vs illicit. Moving towards commoditization. What parts of the supply chain will benefit? Ed...

New York will begin accepting applications for operating adult-use cannabis dispensaries in two weeks, but only from those who have been impacted by a marijuana offense . The New York Office of Cannabis Management will only accept applications from "justice involved" individua...

Emily Paxhia and Hirsh Jain catch us up on the California cannabis market and beyond. Getting out of the death spiral but not quite out of the woods yet. Elimination of cultivation tax, but other taxes remain. What parts of the supply chain will benefit? Cannabis pricing, lega...

Jon DeCourcey shares how his cannabis investing philosophy has shifted over the past few months. Micro vs macro perspective, risk on vs risk off environment. What is going on in Washington? Is there reason for more optimism on political front? Moving pieces of continued cannab...

Banking legislation push is getting a lot of buzz. SAFE passage would be a game changer for valuations with large MSOs disproportionately benefitting with initial stock gains. Within that group, believe Ascend and AYR should be considered for near-term investment. Both are as well...

Jon DeCourcey shares how his cannabis investing philosophy has shifted over the past few months. Micro vs macro perspective, risk on vs risk off environment. What is going on in Washington? Is there reason for more optimism on political front? Moving pieces of continued cannab...

Happy to have Alan Brochstein back! Thoughts on the recent rally (less about Bulls buying than Bears covering), political doubts and overall optimism. Valuations are low, but there's good news across the US. These stocks are really cheap. Mistake to assume margins will go down. ...

Benchmark has downgraded Tilray Brands ( NASDAQ: TLRY ) to sell from buy as the company's fiscal 2022 Q4 results indicated the cannabis licensed producer is continuing to lose market share in Canada. The firm sees dark clouds over the Canadian cannabis industry overall. ...

Happy to have Alan Brochstein back! Thoughts on the recent rally (less about Bulls buying than Bears covering), political doubts and overall optimism. Valuations are low, but there's good news across the US. These stocks are really cheap. Mistake to assume margins will go down. ...

VGR pays a big dividend, but there are reasons for concern. VGR management appears to be delivering on the third tobacco brand, Montego, they are looking to grow. While dividend coverage looks weak by some measurements, VGR management has multiple ways to improve free cash flow to...