Here's Where To Buy Legal Weed: Cannabis Store Openings Ahead Of The New Year
Portfolio Pulse from Jelena Martinovic
New York's first licensed adult-use cannabis dispensary, Housing Works Cannabis, celebrated a successful first year with $24 million in sales. Trulieve announced the opening of two new dispensaries in Florida, while Ascend Wellness Holdings opened a new outlet in Ohio. High Tide opened three new Canna Cabana stores in Canada. Cannabis stocks are believed to be poised for growth, with Benzinga PotProfits highlighting significant gains in stocks like GTBIF, TCNNF, and VFF.
December 29, 2023 | 6:28 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Ascend Wellness Holdings opened a new Ascend Dispensary Outlet in Ohio, expanding its presence to four locations statewide and 34 across seven states.
The expansion of Ascend Wellness Holdings with a new dispensary in Ohio suggests a strategic growth that could positively influence its stock price in the short term.
CONFIDENCE 75
IMPORTANCE 65
RELEVANCE 80
POSITIVE IMPACT
High Tide opened three new Canna Cabana stores in Canada, reaching 162 locations nationwide, and remains focused on its core cannabis business.
High Tide's continued expansion with new store openings in Canada could contribute to increased sales and a stronger market position, potentially boosting its stock price.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Trulieve announced the opening of two new dispensaries in Florida, which could lead to increased sales and market presence in the region.
The opening of new dispensaries by Trulieve is likely to increase its market share and sales in Florida, which could positively impact its stock price in the short term.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80