The author of a year-end letter to cannabis investors expects smaller cannabis companies to have an easier path than multistate operators going forward. The letter came from the Bengal Catalyst Fund run by Bengal Capital, which outperformed the cannabis ETF MSOS by more than 2,100 basis points in 2022 and 2,500 basis points since inception […]
Once upon a time, owning a cannabis company seemed like a sure bet. Even if you couldn’t make the business work, there was always an option to sell it. So many people have been desperate to get into the cannabis industry that they were willing to pay just about any price. In other words premium […]
Body and Mind Inc. (CSE: BAMM) (OTCQB: BMMJ) reported the first-quarter 2020 revenue of $1.44 million, which represented its Nevada operations only. The net loss for the quarter was $896,797 which ended October 31, 2019. The basic and diluted loss per share of $0.01. “We continue to expand BaM’s geographic footprint developing new, fully-funded facilities […]
Hot off of a strong first-quarter earnings report, Friday Night Inc. (TGIFF) said it was acquiring Nevada-based Body & Mind (BMMJ) in an all-stock transaction valued at C$115 million a 50% premium over Body & Mind’s recent closing price of $1.54. The Body & Mind shareholders will receive shares in Friday Night Inc. The deal is […]
The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis