U.S. federal legalization regarding the sale and financial administration of cannabis companies still faces hurdles but state-level momentum is projected to continue this year. Below is the performance in April and YTD of the 13 largest American Multi-State Operators (MSOs) as tracked by the munKNEE Pure-play American MSO Pot Stock Index. [more]
Cannabis stock prices continue to be under pressure as the overall market struggles to find footing amid the coronavirus crisis with numerous companies announcing impairments, write-downs, deal adjustments, and financings. However, some companies continue to execute partnerships and launch new retail stores. [more]
Curaleaf Holdings announced a US$875 million acquisition that combines the largest public and the largest private multi-state operators in the U.S., which together will now operate 131 dispensary licenses, 68 operational locations, and 20 cultivation sites. [more]
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