A Tale Of Two Tapes: Cannabis Earnings Will Separate Have's And Have Not's
Portfolio Pulse from Todd Harrison
Cannabis is now legal in Minnesota, making it the 23rd state to legalize adult use. A bill has been filed to prepare for federal cannabis legalization with alcohol-like regulations. The U.S. Senate has approved legislation to protect people from being denied security clearances due to past cannabis use. TerrAscend preannounced stronger-than-consensus Q2 revenues and gross margins and provided robust full-year guidance. Looking ahead to the upcoming earnings, Green Thumb (OTC: GTBIF), Verano (OTC: VRNOF), and TerrAscend (OTC:TSNDF) (TSX:TSND) are favored among the Tier-1 MSOs.
August 04, 2023 | 11:48 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Green Thumb is favored among the Tier-1 MSOs for the upcoming earnings.
The article mentions that Green Thumb is favored for the upcoming earnings, which could potentially increase investor interest and drive the stock price up.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
TerrAscend preannounced stronger-than-consensus Q2 revenues and gross margins and provided robust full-year guidance. It is also favored among the Tier-1 MSOs for the upcoming earnings.
TerrAscend preannounced stronger-than-consensus Q2 revenues and gross margins and provided robust full-year guidance. This positive financial performance and the fact that it is favored for the upcoming earnings could potentially increase investor interest and drive the stock price up.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Verano is favored among the Tier-1 MSOs for the upcoming earnings.
The article mentions that Verano is favored for the upcoming earnings, which could potentially increase investor interest and drive the stock price up.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80