VEXT SCIENCE INC

Several companies in the cannabis industry are nearing debt maturity dates, which could have profound impacts on their financial strategies and overall stability. A Monday report by Beacon Securities analysts Doug Cooper, MBA; Russell Stanley, CFA, CMT, MBA; and Donangelo Volpe, delves into the potential risks and implications for investors. Comparative Analysis Of Debt Maturities Curaleaf (OTC: CURA) leads with the largest upcoming debt maturity, with $475 million due in December 2026, which represents 49% of its total debt of $964 million. Cresco Labs (OTC: CRLBF) is not far behind, with $400 million maturing in August 2026, accounting for 77% of its $516 million total debt. These significant maturities highlight substantial refinancing risks and necessitate strong cash flow management strategies shortly. On the other end of the spectrum, (OTC: VEXTF) has a relatively minor upcoming debt maturity of $17 ...Full story available on Benzinga.com

Related tickers: GTBIF, CRLBF, CNTMF, JUSHF, VEXTF, AAWH.

How will Ohio's cannabis market shape up as it transitions to adult-use recreational sales? Senior analyst Pablo Zuanic outlines in his recent report the potential growth and value creation for state multi-state operators (MSOs). Zuanic’s report provides crucial insights into the market dynamics and opportunities for significant returns for cannabis investors. Ohio's Cannabis Market Projections Ohio is expected to begin recreational cannabis sales on or about July 1, 2024. Zuanic projects the market could grow fourfold within a year, reaching a total market size of $2.3 billion. This projection is based on an estimated $200 per capita spend, compared to other states like Arizona at $173, Maryland at $180, Missouri at $224 and Massachusetts at $250. "We assume market share based on the future number of stores versus our projected market total by the end of year one. For example, eight stores would mean a 3.1% share of a total of 254," Zuanic said. He also notes that "the current medical program is underdeveloped compared to states like Florida and Pennsylvania, but low store density and high demand are expected to drive this substantial growth." These calculations consider Ohio's unique market conditions, including low store density and anticipated high demand, which will likely result in tight initial supplies. Ohio's Cannabis Market Dynamics Zuanic emphasizes the strategic importance of store locations, especially given the low prices in Michigan. "It is unclear if incumbents will choose locations or ...Full story available on Benzinga.com

Related tickers: MRMD, GTBIF, CRLBF, VEXTF, ACRDF, AAWH.