HEDGEYE LIVE
We will be at Hedgeye Live – our first annual subscriber conference. It’s from May 12 – 15th at the Hyatt Regency in Greenwich, CT. In addition to all the other Hedgeye Live events, I’m hosting an exclusive “idea dinner” with attendees (capacity capped at 18) and a deep-dive breakout session Saturday morning. If you’re interested in learning more/or joining me at Hedgeye Live, contact support@hedgeye.com.
NEW Speaker EVENT
FFNTF is a LONG
We are hosing a call with Andrew Thut of FFNTF on 5/9 @ 12:30 PM. FFNFT is a well-positioned cannabis operator with several CA, IL, and MA growth drivers. The company's low-cost operating strategy, and its new manufacturing facility in California, puts the company in a unique position to roll up high-quality brands in the state.
Some of the topics we will cover:
- How will the ramp of the Commerce, CA facility look?
- New England Cannabis Co acquisition will benefit margins in MA
- How do the Island Global Holdings acquisition and other potential brands shape the company wholesales business?
- Big Daddy progress Illinois
Cannabis/Consumables Pro Subscribers CLICK HERE for the event page.
Industry Sales trends
Its widely known that 1Q22 sales trends are weak for the industry, but March sales trends in CA and CO are a disaster. Sales were down 18.9% and 19.1%, respectively. Sales in 2Q22 will likely look worse sequentially, with some better trends possible in 2H22.
