New York's Cannabist Co. Brings New Cannabis Infused Products To Maryland's Billion-Dollar Weed Market
Portfolio Pulse from Jelena Martinovic
The Cannabist Company Holdings Inc. (CBSTF) has launched new cannabis-infused products from ButACake in Maryland, expanding their collaboration. The products include oral dissolvable 10mg strips in various flavors. Maryland's legal weed market has surpassed $1.1 billion in sales.
August 16, 2024 | 6:57 pm
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The Cannabist Company Holdings Inc. (CBSTF) has expanded its product offerings in Maryland, a market with over $1.1 billion in legal weed sales. This expansion includes new cannabis-infused products from ButACake.
The expansion into Maryland's lucrative market with new products is likely to boost CBSTF's revenues and market presence. The positive market reaction is reflected in the 3.0089% increase in share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100