This Week in Cannabis News – May 16 to 22 2022

*This news is NOT investment advice. It’s for educational purposes only.*
Mid-Week Update: https://youtu.be/Xr7Wr0M_rM0
Cresco & Columbia Care Q4: https://youtu.be/FOWxHZ8taOk
Trulieve Q1: https://youtu.be/56M9n_b3dTY
GTI Q1: https://youtu.be/IPZKiaz6sOk
Curaleaf Q1: https://youtu.be/2FnXJ19OtaU
TerrAscend & Ayr Wellness Q4: https://youtu.be/FXjtaerxiQI

Direct to Pelosi to Support #SAFE in #AMERICACOMPETES: https://www.speaker.gov/contact

Timecodes:
00:00 – Intro
00:40 – Pelosi Wants COMPETES/USICA Done By July 4th, May Get SAFE Answer By Then
1:24 – MA Adult Use Sales Exceed $3B in Total Since Launching in 2018
2:43 – Cresco Labs Announces First Quarter 2022 Results – Some Context, Q1 Highlights
5:20 – Walkthrough Statement From Operations, Y/Y Comparison, Balance Sheet
8:55 – Cresco Labs Call Notes via Todd Harrison – 9:22 – Cresco Gets NY Tax Break
9:50 – Trulieve Opening Stores 3 and 4 in WV, Stores 166 and 167 Nationwide
10:05 – FL Adds 3,956 Patients, 4 Dispensary Openings – 10:52 – FL Comp Sheet 5/20
11:40 – Cannabis Regulators Association Sends Letter to Congress Asking for SAFE
14:30 – As Another Dispensary Robbed, Thankfully No One Dead This Time
14:50 – More than 20 Senators Urge Congress to Include SAFE in America Competes
15:23 – Leafly’s Take on Blumenauer, SAFE Perfect Opportunity to Pass This Time…?
16:18 – NJ CRC Holding Next Meeting Tuesday May 24th, Will Update on Wednesday
16:45 – Rhode Island Legislation Moves Forward in Respective Chambers for Next Week
17:00 – Kansas House Minority Leader Making Final Push to Pass Medical
17:24 – Iowans Medical Patient List Growing Slowly But Surely, Now Up to 12,300
18:27 – Petition Circulating in ND to Place Legalization on 2022 Ballot
19:16 – MN Republicans Senators Block Legalization Vote For Now
19:54 – Study: Young Adults Consumption of Sin Substances Fell Post Legalization
21:08 – Reminder CAD Markets Closed on Mon 21:28 – Notable MSOS Ownership Changes
22:52 – Visual of Price to Sales Multiple – Cheap as in 2020 Yet Stronger Than EVER

Sources:
https://twitter.com/emrwilkins/status/1527298616305455104

https://www.marijuanamoment.net/massachusetts-adult-use-marijuana-sales-officially-exceed-3-billion-state-reports/

https://www.businesswire.com/news/home/20220518005197/en/Cresco-Labs-Announces-First-Quarter-2022-Results

https://twitter.com/todd_harrison/status/1527664296368414720

https://twitter.com/JGriesler/status/1527651044771110912

https://twitter.com/Puff_Daddy_Jr/status/1527033827561971712

https://knowthefactsmmj.com/wp-content/uploads/ommu_updates/2022/052022-OMMU-Update-.pdf

https://twitter.com/CompoundValue87/status/1528032028301611009

https://twitter.com/USCannabisCncl/status/1526950366801272832

https://www.marijuanamoment.net/state-marijuana-regulators-say-banking-fix-will-make-their-jobs-easier-in-addition-to-helping-businesses/

https://twitter.com/JGriesler/status/1527231665277485056

https://www.cannabisbusinesstimes.com/article/more-than-20-senators-urge-congressional-leadership-to-include-safe-banking-act-america-competes-act/

https://www.leafly.com/news/politics/safe-banking-has-perfect-opportunity-to-pass-in-congress-soon-says-legalization-leader

https://twitter.com/JGriesler/status/1527657002134011905

https://www.nj.gov/cannabis/about/meetings/

https://twitter.com/todd_harrison/status/1527229418225139718

https://twitter.com/tomangell/status/1527981758708617216

https://www.radioiowa.com/2022/05/17/12300-iowans-have-registered-to-legally-buy-medical-cannabis/

https://www.thecentersquare.com/north_dakota/petition-circulating-in-north-dakota-to-place-marijuana-legalization-on-ballot/article_ef3c9086-d620-11ec-ba4b-fb3db71248e2.html

https://twitter.com/todd_harrison/status/1526971244071067655

https://norml.org/blog/2022/05/17/study-young-adults-consumption-of-alcohol-cigarettes-other-substances-fell-following-marijuana-legalization/

https://twitter.com/junglejava1/status/1527635876125323264

https://twitter.com/boldux/status/1526378487157751813

https://twitter.com/todd_harrison/status/1527246481887006721

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.

Disclaimer
**This is not investment advice. It’s educational entertainment to help investors learn about the US Cannabis Industry. Invest at your risk. **

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