Cannabis Insight | AYRWF NJ, SAM, TLLTF - 6.14.22

AYRWF New Jersey 

AYR Wellness, Inc. (AYRWF) is a Hedgeye Cannabis Long

Ayr Wellness (AYRWF) said its three cannabis dispensaries in the New Jersey cities of Eatontown, Union, and Woodbridge would begin adult-use sales on June 15; the stores operate under the Garden State Dispensary name. Adult-use marijuana sales began in New Jersey on April 21. In the first month, sales reached just over $24M.

SAM GOING AFTER infused cannabis beverages.

This segment of the cannabis industry is very small right now and as Pal Weaver, head of cannabis at Boston Beer Company (SAM), likes to say, “It’s an emerging category within an emerging category”. Boston Beer Company plans on launching a THC-infused drink in Canada by July. Canadians spent $42.5M worth of cannabis beverages in 2021. mjbizdaily.com

TILT LAUNCHES TIMELESS VAPES IN OHIO.

TILT Holding, Inc. (TLLTF) is a Hedgeye Cannabis Long

Tilt Holdings announced that it started selling Timeless Vape Brands and Products in the Ohio market. Timeless will launch three premium vape products as well as a unique flip case and battery to the Ohio market. “Timeless Vapes is excited to be coming east with a great partner in TILT to provide clean and effective cannabis medicine with innovative engagement to consumers through our pillars of community, culture, and legacy across the country, and we are thrilled to welcome Ohio patients into our community,” said Rocky Huang, founder of Timeless. 

Cannabis Insight | AYRWF NJ, SAM, TLLTF - 6.14.22.2