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POT COS. REPORT “STELLAR” EARNINGS

(Photo by Chris Hondros/Getty Images)

By Alex Halperin
11/22/2020 08:34 PM GMT-0700
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Some of the country’s largest MSOs reported earnings that “exceeded our greatest expectations,” New Cannabis Ventures writes. The site’s Alan Brochstein offers three key takeaways.

  • Companies with big quarters included Cresco Labs (record revenue of $153.3M), Trulieve (record revenue of $136.3M), Ayr Strategies (revenue of $45.5M up 61% quarter over quarter) and Curaleaf (record revenue of $182M).
  • Curaleaf‘s new CEO Joseph Bayern talked to Business Insider (paywall) about why he’s bullish on the Northeast.
  • Canadian player Canopy Growth is eager to get into the U.S. market (paywall).
    Business Insider

Quick Hit

  1. Canna-Tech company Meadow introduced a fundraising tool for pot start-ups.
    Benzinga

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