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Laurie Holcomb highlights the rapid pace of change in the cannabis market, noting that cake strains were popular a year or two ago, but now the trend has shifted towards candy strains. Companies need to adapt quickly to stay in the market.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 7:42 pm

MSOS

Constantin Von Der Groeben emphasizes the lesser importance of brands in the Germany/Europe cannabis market, highlighting the need for a diverse strain portfolio, local presence, regulatory compliance, and customer understanding. Access to the Cannabis Capital Conference is available for subscribers and new users.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 7:41 pm

MSOS

VRNOF

Darren Weiss discusses leveraging intellectual property developed in the U.S. for growth in cannabis methodologies, branding, and retail, highlighting the specialized nature of the industry. Access to the Cannabis Capital Conference is available for both existing and new subscribers.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 7:39 pm

MSOS

VRNOF

At Benzinga's Cannabis Capital Conference, Verano President Darren Weiss highlighted the company's role in the global cannabis supply chain, projecting the Florida market to reach $3B in the next couple of years and the worldwide market to exceed $100B over the next 6 years.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 7:38 pm

GRAM

MSOS

At Benzinga's Cannabis Capital Conference, Gold Flora CEO Laurie Holcomb discussed the competitive California cannabis market, highlighting the company's complete supply chain from cultivation to distribution. Gold Flora aims for a 66% adjusted gross margin in a challenging market and plans to expand its business model to other states.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 7:37 pm

CURLF

MSOS

Curaleaf CEO Matt Darin announced at Benzinga's Cannabis Capital Conference that the company expanded into Europe three years ago, making it a core focus. He highlighted the international opportunity to scale globally and the capability to import/export cannabis.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 7:33 pm

MSOS

Constantin Von Der Groeben highlights the pharmaceutical orientation of the cannabis market in Germany, noting high entry barriers. The Cannabis Capital Conference offers live access for insights into the market.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 7:31 pm

MSOS

At Benzinga's Cannabis Capital Conference, DEMECAN's Co-Founder & Managing Director, Constantin Von Der Groeben, stated that Germany has reached a tipping point in cannabis legalization, which was anticipated much earlier. With a population of 84 million, Germany could serve as a role model for cannabis legalization in other European countries and potentially the US.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 7:30 pm

MSOS

The Benzinga Cannabis Capital Conference is currently underway, offering insights on how cannabis impacts the world economy from leading public companies (PubCos). Existing subscribers can access the conference live, while new users can gain instant access through a provided link.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 7:26 pm

TSLA

Tesla Inc (NASDAQ:TSLA) shares fell to a near-year low due to Cybertruck delivery delays and reports of workforce layoffs, including the departure of key executives Drew Baglino and Rohan Patel. The company faces weakening demand trends and is anticipated to report its first negative free cash flow quarter since 2020. Analysts expect EPS of 53 cents and revenue of $22.605 billion for the upcoming earnings, while GLJ Research analyst Gordon Johnson maintains a Sell rating, lowering the price target from $23.53 to $22.86.

Portfolio Pulse from Adam Eckert

April 16, 2024 | 7:09 pm