Videos Archives - Page 2 of 13 - Green Market Report

Video StaffVideo StaffOctober 11, 2019

3min6920

This is your marijuana money minute for the week ending October 11 from the New West Media in San Francisco. Wow, what a crazy week to see things blow up and more carnage in the cannabis industry. 

Where to start?

MedMen announced it decided to terminate the deal with PharmaCann that had been valued at $684 million. MedMen said it wants to focus more on its California market and go deeper into its strengths. As a consolation prize, Medmen gets PharmaCann’s Illinois licenses as part of the termination fee. Of course, MedMen has been touting its proforma numbers with Pharmacann and so now those have to be dialed back.

Speaking of dialing back, HEXO Corp said that its previously projected revenues were a bit lofty. The company said it had to reduce its revenue estimates to a range of $46-$48 million for the year, significantly lower than the $400 million it said it would do in 2020. That stock got spanked hard.

The Green Organic Dutchman said that it was considering new financing to complete the construction of two of its facilities. The only problem with that is that on previous investment decks, TGOD claimed that their projects were fully funded. The company also says it has $50 million in cash. How much money d they possibly need if they are only weeks away from completion. The stock lost 40% of its value in 2 days. 

More divorce news.

Aleafia said it was no longer going to buy cannabis from Aphria saying Aphria failed to meet its supply obligations. Aphria seemed to toss it off and said they would still achieve net positive income for this past quarter. To make things more awkward, Aphria owns a lot of Aleafia stock.

And then finally, two Russian nationals were arrested for campaign finance violations this week and it turns out that they had applied for marijuana licenses in Nevada. They didn’t get them because they were late by 2 months.


Video StaffVideo StaffOctober 7, 2019

1min2190

Knowledge is power and the more data you have the better choices you can make for your brands. Akerna has been gathering data through its MJ Platform and will demonstrate how this data can be used for success with your brand. This panel was taped at the green Market Summit on September 11 in Los Angeles. It was moderated by Jon Smalls, Green Entrepreneur with panelists Jeanette Horton, VP MJ Freeway, Gordon Wade, Chief Product Officer Solo Sciences and Kimberly Brock, Sr. Manager Brand Reputation MJ Freeway.


Video StaffVideo StaffOctober 4, 2019
marijuanamoneyminute-1280x743.jpg

7min4140

Green Market Report thanks the ArcView Group for allowing us to tape Marijuana Money from their event this week. 

Constellation Brands (NYSE: STZ) wrote down its Canopy Brands (NYSE: CGC) investment to the tune of almost half a billion dollars. Constellation, which also owns Modelo beer and Robert Mondavi wines, said its share of equity losses from its roughly $4 billion investment came to $484.4 million. 

 Canopy Growth Corporation  (TSX: WEED) (NYSE: CGC)  has completed an all-cash transaction to purchase a majority stake in sports nutrition company BioSteel Sports Nutrition Inc. The amount of the acquisition was not disclosed. The deal gives Canopy a significant entry into the sports nutrition and hydration category and lays the groundwork for cannabidiol (CBD) products to be sold in the U.S.

Venture capital firm Canopy Rivers Inc.  (TSX: RIV)(OTC: CNPOF) completed a $10 million investment ( in TerrAscend Canada Inc., a subsidiary of its portfolio company.

Gotham Green Partners has invested an additional $20 million in iAnthus Capital Holdings, Inc. (CSE: IAN)(OTCQX: ITHUF) through the purchase of senior secured convertible notes. Green Gotham said it was part of a broader $100 million financing plan to support the buildout of all existing markets in which iAnthus currently operatesTerrAscend Corp. 

TILT Holdings Inc.  (CSE: TILT) (OTCQB: TLLTF) has negotiated an agreement with six of its remaining founders regarding the immediate forfeiture of all 60,217,088 stock options granted at the time of the merger. Adjusting for the subsequent forfeiture, TILT’s Q2 2019 net loss of $48.9 million would have been almost entirely reduced, bringing the Company close to break-even.

Fire & Flower Holdings Corp. (TSX: FAF) its financial results for the second fiscal quarter ending August 3, 2019, with total revenue of $11.1 million versus $9.5 million for the same time period in 2018. The net loss for the quarter was $6.4 million.

High Tide Inc. (CSE:HITI) (OTCQB:HITIF) announced financial results for the third fiscal quarter of 2019 ending July 31. Revenue in the third quarter increased by 281%, to C$8 million from C$2 million last year. 

48North Cannabis Corp. (TSXV: NRTH) delivered net revenue of $4.8 million marking 48North’s first full year of revenue, but a net loss of $8.1 million. In fiscal 2019, the company raised over $48 million and at the end of the year had $52.7 million in cash and cash equivalents on hand.

Arizona-based DNA testing technology company PathogenDx, Inc. announced $7.5 million in Series B funding. 

And finally HeavenlyRx Ltd. Acquired CBD company PureKana. 


Video StaffVideo StaffOctober 4, 2019

1min5480

Creating an identity for your dispensary is key to getting customers in the door. Jushi Brands and its Beyond/Hello dispensaries are quickly setting themselves apart as a top-notch dispensary brand. Learn from these experts the key components to becoming a brand name in the dispensary world. Moderated by Brian Lauvray, Head of Development & Strategy MMLG with panelists Erich Mauff, Jushi Founder and President and Blythe Huestis VP Retail Operations Beyond/Hello. This panel was taped at the Green Market Summit in Los Angeles on September 11.


Video StaffVideo StaffOctober 2, 2019

1min3150

With over 400 publicly traded cannabis companies and billions of dollars at stake, brands can’t afford to make mistakes when it comes to how the public perceives them. Anne Donohoe of NY-based public relations firm KCSA leads a panel taped at the Green Market Summit on September 11, 2019 in Los Angeles reviewing the differences of working with publicly traded companies including managing good and bad news. Panelists included Jason Vegotsky, CRO KushCo Holdings, Brandy Gray, CEO Urth Capital Advisors, BJ Caretta, Caretta Consulting.


Video StaffVideo StaffOctober 1, 2019

1min3140

Some customers want the best bang for the buck, while others only want the best. This panel from the Green Market Summit on September 11 in Los Angeles demonstrates what defines a luxury brand and how a company can back up the premium description on the label. Moderating this panel is Alyssa Jank of the Brightfield Group. The panelists include Tracey Mason, CEO House of Saka, Eric Eslao, CEO Défoncé, Yvonne De La Rosa, Founder 99 High Tide, and Estella Perez of the Garden Society.


Video StaffVideo StaffSeptember 27, 2019

1min4250

You can have the best quality and the best packaging, but if you can’t get the product on the shelf – what does it matter? This panel from the Green Market Summit in Los Angeles taped on September 12 dug into picking the right distribution partner. The panel was moderated by Michael Miller of LA Weekly and included Jun Lee, Co-founder & President Nabis Distribution, Vince Ning, Co-founder & CEO Nabis Distribution, Elizabeth (Liz) Conway, California Operations Director for Surterra Wellness, Casey Ly, The Bloom Brand and Ryan Burke of Ember Valley.


Video StaffVideo StaffSeptember 27, 2019

5min7050

On Tuesday, the U.S. House of Representatives approved the Secure and Fair Enforcement (SAFE) Banking Act 321-103. It was considered a historic event because this is the first standalone cannabis policy reform bill to ever reach a House floor vote. The legislation overwhelmingly passed with bipartisan approval.

The House of Representatives voted 321 to 103, representing 79% of the vote, in favor of HR 1595. The YES votes represented 99% of the Democratic majority caucus and 47% of the Republican minority caucus. The next step is for the Senate to pass a similar piece of legislation.

You can follow these moves on the Green Market Report for free. Just go to our menu tab titled Legislation.

At a press conference on Tuesday, Massachusetts Governor Baker said that he is banning all vaping products in the state until Jan 25, 2020. Across the country, consumers have reported vaping-related illnesses. 530 people said they have have been affected, and nine people have died. Massachusetts’ Department of Public Health said this month that all physicians must report any vaping-related pulmonary disease to the department, and the state is now tallying 61 possible cases.

GW Pharmaceuticals plc (Nasdaq: GWPH) announced that its flagship drug, Epidyolex, has been approved by the European Commission for use as adjunctive therapy of seizures associated with Lennox‑Gastaut syndrome (LGS) or Dravet syndrome, in conjunction with clobazam, for patients 2 years of age and older. The regulatory path is now clear for GW to start selling Epidyolex in European markets.

The cannabis industry’s first seed-to-sale enterprise resource planning (ERP) software technology company Akerna Corp. (Nasdaq: KERN) (formerly known as MJ Freeway) reported total revenue of approximately $11 million for the year ending June 30, 2019, which was a 4.2% increase over last year’s $10.5.

Aleafia Health Inc. (TSX: ALEF)(OTC: ALEAF) told the market on Tuesday that it will achieve positive net income for the quarter ending September 30, 2019. The company also stated that it had $51 million in cash on hand.

Flow Capital Corp. (TSXV: FW) has commenced legal proceedings against Dionymed Brands Inc. (DYME) as DionyMed is in default under the company’s royalty agreement.  The claim is for the minimum sum of $2,698,116 

Jushi Holdings Inc. (NEO: JUSH.B; OTCQX: JUSHF)has qualified to trade on the OTCQX Best Market and began trading this week using the symbol “JUSHF.”


Video StaffVideo StaffSeptember 25, 2019

1min3650

This panel ws taped on September 11, 2019, at the Green Market Summit in Los Angeles, CA. 

Many celebrities are joining the cannabis industry. Some are involved in the critical details, while others just license their name. Hear from Grammy award-winning Melissa Etheridge of Etheridge farms as she joins a panel to discuss this topic. Kevin Bell, the COO of Tyson Ranch (Mike Tyson) and Jason Rhude, Founder of Ronin Content Services also weighs in, along with cannabis consultant company MMLG’s CEO Aaron Lachant.



About Us

The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis


READ MORE



Recent Tweets

@GreenMarketRpt – 2 hours

My week on Twitter 🎉: 8 Mentions, 15K Mention Reach, 15 Likes, 7 Retweets, 27.6K Retweet Reach. See yours with…

@GreenMarketRpt – 13 hours

Our biggest fans this week: WallandBroad. Thank you! via

@GreenMarketRpt – 1 day

The Daily Hit: November 20, 2019

Back to Top

You have Successfully Subscribed!