New Mexico Files Adult Use Rules As MPP Study Highlights Many Benefits Of Cannabis Reform

On Aug 26, 2021

*This news is NOT investment advice. It’s for educational purposes only.*
Last Week in Cannabis News: https://youtu.be/CGQ1a_jMN0k
Curaleaf, Verano, Harvest Earnings: https://youtu.be/8rQ7cL8PTEQ
GTI, Trulieve, CC & Cresco: https://youtu.be/AFnPIpTnv3g
Ayr, TerrAscend, Vireo, The Parent Co & GrowGeneration: https://youtu.be/o-LAHJydm6o

Timecodes:
00:00 – Intro
00:40 – NM Officials File Adult Use Rules, Begin Accepting License Applications
2:34 – Tax and Budget Benefits of Legal Cannabis Sales, Study by MPP
6:03 – California Shatters Previous Years Cannabis Tax Record, Up 55% Y/Y
7:38 – Visual of US Legalization From 1996 to Now
8:23 – Needham on US Cannabis Via Todd Harrison
9:52 – Needham Quarterly Revenue Numbers via @TobyCannabis
11:49 – Needham’s CFO and EBITDA Graph via @Sammyj_19
15:05 – US MSO Peer Comp Table: Cash Flow From Operations via @Sammyj_19
18:26 – Ayr Wellness Opens 40th Dispo in Florida, Also Bought Back 5% of Shares!
19:10 – Cresco Moving Ahead on $40M Expansion In Dayton, Ohio
20:19 – Idaho Activists See Victory as Supreme Court Judge Sides with Activists
21:44 – Texas Ban on Hemp Unconstitutional, Another Victory for the People
23:03 – 5 Takeaway From Cannabis Earning Season via New Cannabis Ventures

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Sources:
https://www.marijuanamoment.net/new-mexico-officials-file-marijuana-producer-rules-and-will-accept-license-applications-this-week/

https://shepherdexpress.com/cannabis/cannabis/the-tax-and-budget-benefits-of-legal-marijuana-sales/

https://www.marijuanamoment.net/california-shattered-marijuana-tax-revenue-record-in-latest-fiscal-year-state-reports/

https://twitter.com/MSOElevator/status/1429125732895281161

https://twitter.com/todd_harrison/status/1429757950789394434

https://twitter.com/mayortoby/status/1429868272954920960

https://twitter.com/sammyj_19/status/1429865584599126017

https://ir.ayrwellness.com/news-events/press-releases/detail/108/ayr-wellness-adds-to-florida-retail-footprint-opens-new

https://www.bizjournals.com/dayton/news/2021/08/24/cresco-labs-yellow-springs-expansion.html

https://www.marijuanamoment.net/idaho-supreme-court-gives-2022-marijuana-legalization-initiative-a-boost-with-ruling-on-signature-requirements/

https://www.marijuanamoment.net/texas-ban-on-smokeable-hemp-manufacturing-and-sales-is-unconstitutional-judge-rules/

https://www.newcannabisventures.com/5-takeaways-from-cannabis-earnings-season/

This Week in Cannabis is a weekly recap of the Cannabis industry for retail investors to learn about the budding opportunity unfolding in North America before Cannabis goes global.

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Disclaimer
**This is not investment advice. It is educational and informative entertainment to help people learn new investing perspectives that they can compare with their own. Invest at your risk. **

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