A High Tide of Discount Club Cannabis is Headed to the U.S. from Canada February 14, 2022 Tom Hymes Company Stories, Spotlight 1 Comment Forget the bridge-blocking Canadian truckers! A discount membership club for cannabis is on its way to the United States from Canada, and it looks to be on steroids, courtesy of Raj Grover and High Tide Inc. (NASDAQ: HITI) (TSXV: HITI)… Read More→
IM Cannabis is Building a Brand-based Supply Chain for the EU (and Maybe the World) February 10, 2022 Tom Hymes Company Stories, Spotlight 0 Comments I originally was scheduled to interview Rinat Efrima, the newly appointed Israeli CEO for IM Cannabis Corp. (CSE:IMCC) (NASDAQ:IMCC), or IMC, but when I jumped on the call I was greeted by CEO and founder Oren Shuster, who informed me… Read More→
Binske CEO Jake Pasternack Built a Quality Brand MSO on a Foundation of IP February 2, 2022 Tom Hymes Company Stories, Multiple State Brands, Spotlight 0 Comments Founded in Colorado in 2015 by Miami-born-and-raised brothers, Jacob and Alex Pasternack, Binske (silent 'e') is that rarest of cannabis entities, a brand MSO. Unlike product MSOs or vertical MSOs, which typically own and operate oodles of licenses in various… Read More→
The REIT Stuff: AFC Gamma CEO Leonard Tannenbaum on Institutional Lending in Cannabis January 20, 2022 Tom Hymes Company Stories, Spotlight 0 Comments At the tail-end of our recent phone interview, I mentioned to Leonard Tannenbaum, founder, partner, and CEO of West Palm Beach, Florida-based AFC Gamma (NASDAQ: AFCG), that the term “boutique REIT” had popped into my head as he was explaining… Read More→
The Valens Company CEO Tyler Robson on Creating a One-Stop-Shop for Cannabis January 12, 2022 Tom Hymes Company Stories, Spotlight 0 Comments The Valens Company (NASDAQ/TSX: VLNS) is a Kelowna, BC-based cannabis multi-state company with a very distinctive structure and objective. At first glance, it may look like just another extraction company but look again and its shape shifts into that of… Read More→
Lume Cannabis Co., the top marijuana producer in Michigan January 11, 2022 AggregatedNews Company Stories 0 Comments EVART, Mich. (WXYZ) — Adult-use marijuana has become a big business in the State of Michigan. And December proved to be a record month -- with sales topping $135 million. We have an exclusive look inside Lume cannabis, the fast-growing… Read More→
Unrivaled Brands’ Frank Knuettel is Turning the MSO Gameplan On Its Head October 18, 2021 Tom Hymes Company Stories, Multiple State Operators, Spotlight 1 Comment Watching Santa Ana, California-based Unrivaled Brands (OTCQX: UNRV) compete in this market reminds me of the movie Memento, where memoryless Guy Pearce literally experiences the action unfold along with the rest of us, even though it’s his story and he’s… Read More→
Trulieve CEO speaks on growth via M&A, federal pot reform October 18, 2021 AggregatedNews Company Stories, Multiple State Operators 0 Comments LOS ANGELES (AP) — The U.S.′ expanding legal marijuana market is helping drive strong sales and profit growth for multistate operators like Trulieve Cannabis Corp. The Quincy, Florida-based company sells cannabis products in 11 states from Arizona to Pennsylvania. It… Read More→
Marijuana megacampus with 45 greenhouses is going up on the Bay Area shoreline. Will it become the ‘Apple of cannabis’? October 2, 2021 AggregatedNews Company Stories, Cultivation 0 Comments Richard Treiber had the epiphany in December 2015, while ambling down a busy road in Richmond. Squinting at the northern shoreline, he saw a bare stretch of land and knew exactly how to fill it: with cannabis. Enough cannabis, he… Read More→
At urban-gro, the Future is Built on Turnkey and IP (Its People) September 20, 2021 Tom Hymes Ancillary Businesses, Company Stories, Spotlight 0 Comments Lafayette, Colorado-based urban-gro (Nasdaq: UGRO) has been providing ancillary services to large indoor commercial grows since 2014, when it was launched by CEO Brad Nattrass and Chief Development Officer Tavo Gutierrez. The idea for the company, as CBE reported in… Read More→
Wana Brands’ CEO Nancy Whiteman on Flexibility and the Cannabis Gummy Long Game September 6, 2021 Tom Hymes Company Stories, Multiple State Brands, Processing, Spotlight 0 Comments Nancy Whiteman has been at the apex of brand development in the cannabis industry for years, and it has not gone unnoticed. In 2017, Inc. crowned her “The Queen of Legal Weed,” and in 2019, Green Entrepreneur followed up with… Read More→
Trulieve hits a bump in its path to leading Florida’s medical marijuana industry September 2, 2021 AggregatedNews Company Stories 0 Comments This should be the best of times for Trulieve. The medical marijuana company sold more than half of all the smokable cannabis distributed to patients in Florida last month. It’s recorded 14 straight profitable quarters. The company pulled down more… Read More→
Seed Bank: Humboldt Seed Company’s Nat Pennington on the Inevitable Autoflower Revolution August 26, 2021 Tom Hymes Company Stories, Cultivation, Multiple State Operators, Spotlight 1 Comment Work your way back through the food chain of cannabis production – from shelf to seed, so to speak – and eventually you come to the breeders. Like rock star fashion designers, cannabis breeders perform irreplaceable functions in the industry,… Read More→
Jay-Z-backed Parent Company’s revenue beats on hot weed demand August 17, 2021 AggregatedNews Company Stories 0 Comments Aug 16 (Reuters) - Californian pot producer TPCO Holding Corp (GRAMu.NLB), better known as Parent Company, beat estimates for quarterly revenue on Monday as demand surged for weed-infused products during the pandemic. The Jay-Z-backed company also said Clorox Co (CLX.N)… Read More→
Building a National Brand One Kanha Gummy at a Time: A Conversation with Sunderstorm President Keith Cich August 4, 2021 Tom Hymes Company Stories, Multiple State Brands, Multiple State Operators, Spotlight 1 Comment CBE recently spoke with Sunderstorm co-founder and president Keith Cich about the company’s ongoing commitment to improve upon its already popular Kanha gummy, plans to expand production and distribution into more states, and the inevitable addition of new SKUs to… Read More→