Highly Objective

Weekly Cannabis newsletter, occasional blog, podcast, and high-ROI events. Curated by @dai_truong

[Highly Objective @highlyobjective]

@MJBizDaily Is there an article coming out on this?

[Kristina Lopez @KristinaL0pez]

Really fantastic @substack by @dai_truong today. https://t.co/jAymgStRDG

[Highly Objective @highlyobjective]

@Trulieve CFO Tim Mullany resigns after 2 weeks in role, company press release cites “personal reasons”

https://t.co/oLYOIP5uJu

[Highly Objective @highlyobjective]

Jane Technologies enters the highly competitive POS space. The Company believes its Universal Product Catalog (UPC) with over 1.6M products will provide a competitive edge to connect the online and in-store experience.

https://t.co/w0bmv1SRLS

[Highly Objective @highlyobjective]

Link to all Alabama applicants: https://t.co/GD44ltwFTL

While Verano winning one has been praised, I’m only seeing Trulieve, Curaleaf, Good Day Farm, Justice Grown, TheraTrue as other MSOs that applied.

[Hirsh Jain @anandastrategy]

Pretty stark differences in the volume of legal sales in the most recent adult use states ...

@TonysTakeGIE

[Highly Objective @highlyobjective]

Grown Rogue will support Goodness Growth in the optimization of its cannabis flower products, with a particular focus on improving the quality and yield of top-grade “A” cannabis flower across its various operating markets, starting with Maryland and Minnesota.

[Aaron Edelheit @aaronvalue]

What happens when you bring the #1 flower & phenomenal Oregon craft cannabis and more importantly the practices of the most efficient indoor producer in the country to limited license markets like Maryland and Minnesota that are about to go full adult use? https://t.co/siKiKk6aCi

[Highly Objective @highlyobjective]

@kvarier Definitely more of a production than details. Was hoping there would be more of a check on the math vs just taking Elliot’s claim as a hypothetical/alleged claim.

[Highly Objective @highlyobjective]

🍿 Depending on this plays out, Cannbis industry execs may rethink doing so many interviews.

Especially when you are publicly traded and release numbers quarterly.

[LMC @LMCxLUC]

DROPS LATER TODAY ON THE LMC YOUTUBE CHANNEL. LETS TALK ABOUT CALIFORNIA CANNABIS & THE INDUSTRY AS A WHOLE

@HIGHDESIGNbyLMC
@TrapTreeLMC
@HighxDesign

[Highly Objective @highlyobjective]

https://t.co/kWb8ISxvis

[Highly Objective @highlyobjective]

Latest weekly cannabis newsletter just went out, packed full of news from the past week, including:

– New York Cannabis Control Board (CCB) approves 50 Additional Dispensary Licenses
– Catalyst vs. Glass House (asking subscribers to comment on @LMCxLUC)

[Highly Objective @highlyobjective]

– AWH appointing John Hartmann as CEO (ex–President of BuyBuy Baby and CEO of True Value Company)
– Lowell Farms CFO departs
– Interviews from @anandastrategy, Carlos Santana, George Jage, @DarrenWeiss_ , Seth Yakatan, Ayr Wellness CEO David Goubert, and more

[Highly Objective @highlyobjective]

@LMCxLUC Drop the video

[Highly Objective @highlyobjective]

MD: $35.3M, down -7.2% sequentially and down -14.0% Y/Y
https://t.co/cDSVYvurMA

[Highly Objective @highlyobjective]

February 2023 sales from BDSA:
CA: $356.4M, down by 6.2% & down -15.1% Y/Y
MI: $216.4M, up 4.4% sequentially and up 40.2% Y/Y
FL: $202.9M, up 1.4% sequentially & 26.2% Y/Y
IL: $147.2M, down -11.6% sequentially & up 5.4% Y/Y
MA: $139.1M, down -0.6% sequentially and -0.4% Y/Y

[Highly Objective @highlyobjective]

CO: $128.7M, down -0.6% sequentially & down -11.4% Y/Y
AZ: $105.6M, flat sequentially & up 3.5% Y/Y
PA: $90.5M, sales down -0.6% sequentially & down -3.3% Y/Y
OR: $72.8M, down -3.6% sequentially & - 9.3% Y/Y
NV: $70.5M, down -6.9% sequentially & down -1.6% Y/Y

[Highly Objective @highlyobjective]

• ~$3.3M Seed led by Green Acre Capital and Casa Verde Capital. Argonautic Ventures, Tokyo Smoke founders Alan Gertner and Lorne Gertner also participated in the round (March 2018)

https://t.co/Zsx3Ykm7zt

[Highly Objective @highlyobjective]

Greentank Technologies closes $16.5M Series B. The Series B was led by a strategic investor group with 15+ years of manufacturing experience and Organigram Inc.

Total raised to date of $38.5M.

[Highly Objective @highlyobjective]

• $16.5M Series B $16.5M from strategic and Organigram (March 2023)
• ~$8.5M Convertible Note from undisclosed investors on (February 2022)
• $10M Series A from Newstrike Brands, Green Acre Capital and Argonautic Ventures (March 2019)