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 had another good week, with the US cannabis MSOS ETF gaining 5.50% and the global YOLO increasing 2.49%.</li><li>As the potential DEA news inches closer, US cannabis stocks continue to outperform Canadian counterparts. MTD, MSOS is +22.86%, while YOLO is +10.34%.</li><li>Ayr Wellness (CSE: AYR, OTCQX: AYRWF) was +27.29% and led the way for the larger operators. </li></ul>

Cannabis stocks had another good week, with the US cannabis MSOS ETF gaining 5.50% and the global YOLO increasing 2.49%.As the potential DEA news inches closer, US cannabis stocks continue to outperform Canadian counterparts. MTD, MSOS is +22.86%, while YOLO is +10.34%.Ayr Wellness (CSE: AYR, OTCQX: AYRWF) was +27.29% and led the way for the larger operators. 

Cannabis News for the Week Ending November 17, 2023

<ul><li>Cannabis stocks had an excellent week, with the US cannabis MSOS ETF surging 11.39% and the global YOLO ETF ending +4.07%. YTD, MSOS is -6.29% and YOLO is -21.94%, indicating that US cannabis has been outperforming Canadian and other global names.</li><li>The week started with BAT (LSE: BATS, NYSE: BTI) making a C$124.6 million investment into Canadian operator Organigram (TSX: OGI, OTCQX: OGI).</li><li>Most of the capital is to create Jupiter, a strategic investment pool designed to expand Organigram’s footprint and capitalize on strategic growth opportunities.</li></ul>

Cannabis stocks had an excellent week, with the US cannabis MSOS ETF surging 11.39% and the global YOLO ETF ending +4.07%. YTD, MSOS is -6.29% and YOLO is -21.94%, indicating that US cannabis has been outperforming Canadian and other global names.The week started with BAT (LSE: BATS, NYSE: BTI) making a C$124.6 million investment into Canadian operator Organigram (TSX: OGI, OTCQX: OGI).Most of the capital is to create Jupiter, a strategic investment pool designed to expand Organigram’s footprint and capitalize on strategic growth opportunities.

The Highlights - Cannabis News for the Week Ending November 10, 2023

<ul><li>Cannabis is a state-led growth story with a series of hard-to-time political catalysts.</li><li>Slower-than expected state rollouts and a drought of political progress have contributed to the US cannabis MSOS ETF falling more than 90% since its peak on February 10, 2021.</li><li>Valuations are compressed and there are a series of potential new states and political catalysts ahead.</li></ul>

Cannabis is a state-led growth story with a series of hard-to-time political catalysts.Slower-than expected state rollouts and a drought of political progress have contributed to the US cannabis MSOS ETF falling more than 90% since its peak on February 10, 2021.Valuations are compressed and there are a series of potential new states and political catalysts ahead.

Cannabis Catalysts - Five Factors That May Drive Change in 2024

<ul><li>Stocks got hammered again this week, with the MSCI World Index falling 2.24% and the S&amp;P 500 losing 2.50%.</li><li>The S&amp;P is off 10.61% from its July 7 high, which is formally a correction. Higher yields and mixed mega-cap tech earnings have driven the decline.</li><li>Cannabis stocks continued their six-week slide. The US cannabis MSOS ETF lost 21.56% this week and is -46.93% since its high on September 15.</li></ul>

Stocks got hammered again this week, with the MSCI World Index falling 2.24% and the S&amp;P 500 losing 2.50%.The S&amp;P is off 10.61% from its July 7 high, which is formally a correction. Higher yields and mixed mega-cap tech earnings have driven the decline.Cannabis stocks continued their six-week slide. The US cannabis MSOS ETF lost 21.56% this week and is -46.93% since its high on September 15.

The Highlights - Cannabis News for the Week Ending October 27, 2023

<ul><li>Global equities continued their decline this week, with the MSCI World Index falling 2.51% and the S&amp;P dropping 2.39%.</li><li>The small-cap Russell 2000 lost 2.25%, while the NASDAQ was hit hardest at -3.16% over the last five sessions.</li><li>Concerns around higher interest rates and geopolitical tension led to the losses. </li></ul>

Global equities continued their decline this week, with the MSCI World Index falling 2.51% and the S&amp;P dropping 2.39%.The small-cap Russell 2000 lost 2.25%, while the NASDAQ was hit hardest at -3.16% over the last five sessions.Concerns around higher interest rates and geopolitical tension led to the losses. 

The Highlights - Cannabis News for the Week Ending October 20, 2023

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)

Cannabis News for the Week Ending November 17, 2023

Cannabis stocks had another good week, with the US cannabis MSOS ETF gaining 5.50% and the global YOLO increasing 2.49%.

Water Tower Research

The Highlights - Cannabis News for the Week Ending November 10, 2023

Cannabis stocks had an excellent week, with the US cannabis MSOS ETF surging 11.39% and the global YOLO ETF ending +4.07%. YTD, MSOS is -6.29% and...

Water Tower Research

Cannabis Catalysts - Five Factors That May Drive Change in 2024

Slower-than expected state rollouts and a drought of political progress have contributed to the US cannabis MSOS ETF falling more than 90% since...

Water Tower Research

The Highlights - Cannabis News for the Week Ending October 27, 2023

Stocks got hammered again this week, with the MSCI World Index falling 2.24% and the S&P 500 losing 2.50%. The S&P is off 10.61% from its July 7...

Water Tower Research

The Highlights - Cannabis News for the Week Ending October 20, 2023

The small-cap Russell 2000 lost 2.25%, while the NASDAQ was hit hardest at -3.16% over the last five sessions. Concerns around higher interest...

Water Tower Research

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)