Research from Water Tower Research, Water Tower Research

Water Tower Research

Research from Water Tower Research

Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

Equity Research Firm

Thematic (Sector/Industry)

<ul><li>Cannabis stocks earned their fifth-straight week of positive returns, with the US cannabis MSOS ETF gaining 11.95% and the global YOLO ETF gaining 5.56%.</li><li>YTD, MSOS is +45.64% and YOLO is +25.82%. The gap between US and foreign cannabis stock performance continues to widen.</li><li>MSOS had $44.8 million of inflows last week. The $17.8 million on February 1 was the largest one-day inflow since October 2, 2023. AUM of the ETF is $1.01 billion.</li></ul>

Cannabis stocks earned their fifth-straight week of positive returns, with the US cannabis MSOS ETF gaining 11.95% and the global YOLO ETF gaining 5.56%.YTD, MSOS is +45.64% and YOLO is +25.82%. The gap between US and foreign cannabis stock performance continues to widen.MSOS had $44.8 million of inflows last week. The $17.8 million on February 1 was the largest one-day inflow since October 2, 2023. AUM of the ETF is $1.01 billion.

The Highlights - Cannabis News for the Week Ending February 2, 2024

<ul><li>Cannabis stocks rose for the fourth consecutive week, with the US cannabis MSOS ETF +8.06% and the global YOLO +4.96%.</li><li>Returns continue to be driven by optimism around political progress in the US. YTD MSOS is +30.10%, while YOLO is +15.55%.</li><li>Since the HHS rescheduling recommendation on August 29, MSOS is +88.05% and is outperforming YOLO by 42.29%.</li></ul>

Cannabis stocks rose for the fourth consecutive week, with the US cannabis MSOS ETF +8.06% and the global YOLO +4.96%.Returns continue to be driven by optimism around political progress in the US. YTD MSOS is +30.10%, while YOLO is +15.55%.Since the HHS rescheduling recommendation on August 29, MSOS is +88.05% and is outperforming YOLO by 42.29%.

The Highlights - Cannabis News for the Week Ending January 26, 2024

<ul><li>It was a quiet, holiday-shortened week across US cannabis. The MSOS ETF ended +2.93%, while the global YOLO ETF finished +3.00%.</li><li>YTD, MSOS and YOLO are +24.85% and +12.83%, respectively.</li><li>As we’ve been discussing, the potential for rescheduling continues to drive the outperformance of US operators.</li></ul>

It was a quiet, holiday-shortened week across US cannabis. The MSOS ETF ended +2.93%, while the global YOLO ETF finished +3.00%.YTD, MSOS and YOLO are +24.85% and +12.83%, respectively.As we’ve been discussing, the potential for rescheduling continues to drive the outperformance of US operators.

The Highlights - Cannabis News for the Week Ending January 19, 2024

<ul><li>It was another strong week for cannabis stocks, with the US cannabis MSOS ETF gaining 3.40% and the global YOLO ETF increasing 1.06%.</li><li>Since the US Department of Health and Human Services (HHS) announcement on August 30, MSOS is +69.07%, while YOLO is +34.82%.</li><li>We are in the midst of a catalyst-driven rally, driven by the potential to get to Schedule III and remove the 280E tax burden, which affects plant-touching US operators.</li></ul>

It was another strong week for cannabis stocks, with the US cannabis MSOS ETF gaining 3.40% and the global YOLO ETF increasing 1.06%.Since the US Department of Health and Human Services (HHS) announcement on August 30, MSOS is +69.07%, while YOLO is +34.82%.We are in the midst of a catalyst-driven rally, driven by the potential to get to Schedule III and remove the 280E tax burden, which affects plant-touching US operators.

The Highlights - Cannabis News for the Week Ending January 12, 2024

<ul><li>It was a strong start of the year for cannabis stocks, with the US cannabis MSOS ETF gaining 13.12% and the global YOLO ETF increasing 9.11%.</li><li>US cannabis continues to outperform Canadian and other global names due to the positive sentiment driven by the potential for the DEA to agree with the HHS’s Schedule III recommendation.</li><li>This would eradicate 280E, the onerous tax code that applies to plant-touching US operators.</li></ul>

It was a strong start of the year for cannabis stocks, with the US cannabis MSOS ETF gaining 13.12% and the global YOLO ETF increasing 9.11%.US cannabis continues to outperform Canadian and other global names due to the positive sentiment driven by the potential for the DEA to agree with the HHS’s Schedule III recommendation.This would eradicate 280E, the onerous tax code that applies to plant-touching US operators.

The Highlights - Cannabis News for the Week Ending January 5, 2024

United States

MariMed, Inc. operates as a pharmaceutical company. The Company specializes in designing, development, operation, funding, and optimization of medical cannabis cultivation, production centers, and dispensaries. MariMed serves customers in the State of Massachusetts.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

MariMed (MRMD US)

The Highlights - Cannabis News for the Week Ending February 2, 2024

Cannabis stocks earned their fifth-straight week of positive returns, with the US cannabis MSOS ETF gaining 11.95% and the global YOLO ETF gaining...

Water Tower Research

The Highlights - Cannabis News for the Week Ending January 26, 2024

Cannabis stocks rose for the fourth consecutive week, with the US cannabis MSOS ETF +8.06% and the global YOLO +4.96%. Returns continue to be...

Water Tower Research

The Highlights - Cannabis News for the Week Ending January 19, 2024

It was a quiet, holiday-shortened week across US cannabis. The MSOS ETF ended +2.93%, while the global YOLO ETF finished +3.00%.

Water Tower Research

The Highlights - Cannabis News for the Week Ending January 12, 2024

It was another strong week for cannabis stocks, with the US cannabis MSOS ETF gaining 3.40% and the global YOLO ETF increasing 1.06%.

Water Tower Research

The Highlights - Cannabis News for the Week Ending January 5, 2024

It was a strong start of the year for cannabis stocks, with the US cannabis MSOS ETF gaining 13.12% and the global YOLO ETF increasing 9.11%.

Water Tower Research

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)