This Week In Cannabis: Earnings Divide The Market As DEA, Brands And Bills Move Forward This week: Q1 earnings reveal a widening market divide, DEA nominee prioritizes rescheduling, and Rove and Swade make big expansion plays.
Trulieve Q1 Earnings: Revenue, EPS Beat Estimates On 'Strong' Margins, Cash Flow Trulieve reported first-quarter revenue of $297.8 million, beating analyst estimates of $294.4 million, according to Benzinga Pro. The cannabis company reported a first-quarter adjusted loss of 2 cents per share, beating estimates for a loss of 8 cents per share.
DeSantis Signs New Petition Law That Could Block Marijuana Ballot Campaign—Lawsuit Challenges Constitutionality Florida's new ballot law targets cannabis legalization efforts and sparks a federal lawsuit. Major backers include Trulieve, Verano, Curaleaf.
Why Cannabis Stocks Jumped By Double Digits And Why Analysts Say 'Don't Drink The Kool-Aid In One Gulp' Cannabis stocks jumped as Trump reportedly pushes SAFE Banking behind the scenes—but analysts warn: don't chase the hype just yet.
This Week In Cannabis: Gaetz's Stock Rally, Major Policy Battles, Homeland Security's Stance, Big Earnings And More Cannabis news this week: Gaetz sparks cannabis stock rally, Homeland Security reaffirms seizures, key policy moves and major earnings shake the industry.
What Sparked The Cannabis Stock Rally On Thursday? Cannabis stocks blazed higher on Thursday after Former Rep. Matt Gaetz (R-Fla.) reportedly said cannabis reform is "on the horizon."
This Week In Cannabis: Snoop's Beverage Empire, Earnings, M&A, International News And More This week's cannabis news: Snoop Dogg expands his cannabis empire, Planet 13 recovers millions, Glass House locks in $50M & top earnings drop.
