April 2017: GreenWave Report – Executive Summary

Apr 7, 2017

State of Emerging Cannabis Industry. Current Trends and Projections.

Colorado’s Medical Marijuana Market Takes A Big Hit

  KEY POINTS For the third consecutive quarter, The Colorado Department of Revenue posted neg comps for cannabis both YoY and QoQ.  Q1:22 results -41% med / -13% rec YoY and  -23% med / -11% rec QoQ. The deceleration in revenue growth is consistent with what we...

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Weeding Out the Illicit Market

Weeding Out the Illicit Market

  TAKEAWAY  We reviewed and analyzed cannabis confiscations and related activities that were published by various state and federal agencies that enables us to determine a floor value for the illicit market. Its growth seemingly outpaced that of the legal market post...

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CASH IS KING – WHICH MSOs ARE MOST EFFICIENT?

CASH IS KING – WHICH MSOs ARE MOST EFFICIENT?

  KEY POINTS: With 3 years of public disclosures, we are better able to analyze and assess the financial and operational performance of the U.S. Multistate Operators (MSOs). The added costs of prohibition (most notably 280E tax, which, in some cases can trigger...

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