Similar to others, a tough Q1 showing from Curaleaf. While international growth was a highlight, price compression in the US led to top-line declines and margin compression. CURA remains entirely reliant on 280e deferrals for current positive cash flow generation

Stable Q1 showing from TerrAscend - results largely in-line, with solid margin improvement in a tough market. Top-line was down 12% YoY, although has stabilized in recent quarters. Like others, +CF reliant on 280e deferrals with tax-adjusted OCF just above breakeven in Q1

globenewswire.com/news-release/2… aEBITDA cut in half, negative operating cash flow even while not paying taxes... only going to get worse until FL adult-use turns on $CNTMF

-$385M in new shares issued to stay afloat -$177M in FY FCF burn -Acreage in default and collapsing operationally. Canopy USA marked down by a quarter billion Some companies need to go away $CGC

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The Dales Report John Schroyer Crain's New York NY market continues to grow at a really healthy pace. $142M in June -> $1.7B run rate. Now the 6th biggest market in the US, just behind IL ($2B).

Part of the reason I laugh when people call CBSTF a cheap stock. W/ their debt and declining fundamentals, they're trading more 2x the average Tier 1 EV/aEBITDA for 2025. Still can move on legislative news given the equity value has all but vanished but should know what you own

ir.tilray.com/news-releases/… Missed both their own guidance and analyst expectations by a large margin at $224.5M lol

May jobs: 125k revised down to 19k June jobs: 147k revised down to 14k cnbc.com/2025/08/01/job… We're just making shit up here

My wife and I welcomed our daughter to the world yesterday (our first), so not going to be doing full earnings reviews this time. Not expecting much in Q2, likely looks similar to Q1 for most. Margin compression, minimal growth and a lack of real CF remain the story for most

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theemeraldledger.beehiiv.com/p/new-york-57-… Lots of rollout fumbles along the way but NY continues to be one of the few growth drivers for 2025 US sales. Now the 4th largest market in terms of monthly sales in the US, with 391 stores open (up from 141 last year)

Back to it 🚀

newswire.ca/news-releases/… Impressive results here- 52% GMs and 30% aEBITDA margins. One of the winners coming out of Canada

Newborn has been keeping me busy but slowly making my way through Q2 reports. Nice to see the CF improvement that comes from $TSND exiting Michigan- tough call to exit a market you put $ into but also a necessary step to focus on the highest ROI opportunities

Medicate_oh LeafLink Dave Joyce Warren Davidson 🇺🇸 Bernie Moreno Vivek Ramaswamy linkedin.com/posts/cyscott_… Cy Scott Headset Firelands Scientific