Loading.... Please Wait...
Cannabis/Natural Products

CANNABIS/NATURAL PRODUCTS

The Cannabis research platform offers global coverage of public and private companies spanning cultivation, retail, manufacturing, hemp, and ancillary services. As more states transition to adult-use sales and other countries legalize cannabis, the sector is expected to grow at 15% annually over the next decade. Our platform helps investors navigate the complex and heavily regulated architecture in the burgeoning cannabis industry. In addition, our coverage is broadening into Natural Products including a wide array of consumer goods such as natural and organic foods, dietary supplements, pet foods, health and beauty products, green cleaning supplies, and more that address a wider consumer audience. We look to help investors identify the best opportunities in both the Cannabis and Natural Products markets.

Analyst

Jesse Redmond
Jesse Redmond
Head of Cannabis

COVERAGE

CLS Holdings USA, Inc.
Gold Flora Corporation
Hydrofarm Holdings Group, Inc.
Jushi Holdings Inc.
LEEF Brands, Inc.
MariMed, Inc.
Rubicon Organics, Inc.

Recent Sector Insights

CANNABIS/NATURAL PRODUCTS

17 December 2024

LEEF Brands, Inc. (OTC:LEEEF CSE:LEEF)
Update Note
LEEEF: Integrates Bitcoin into Its Treasury Reserve Strategy

LEEF Brands is a scaled, vertically integrated operator in California. It holds the largest cultivation permit in Santa Barbara County, owns LEEF Labs, one of the state’s largest manufacturing companies, and has The Leaf dispensary in Palm Springs.

CANNABIS/NATURAL PRODUCTS

16 December 2024

WTR Small-Cap Spotlight Recap : Five Cannabis Trends for 2025
Industry Report

On the latest WTR Small-Cap Spotlight, we discussed five cannabis trends for the coming year. Those interested can listen to the podcast on Apple Podcasts, Spotify, or on our website. Links are accessible in our full report.

CANNABIS/NATURAL PRODUCTS

13 December 2024

Higher Exchanges Recap : Hemp Is Living the Cannabis Dream
Industry Report

Higher Exchanges is a weekly cannabis-investing conversation hosted by WTR’s Head of Cannabis, Jesse Redmond, and Morgan Paxhia, Co-Founder of Poseidon. Those interested can listen to the podcast on Apple Podcasts, Spotify, or X Spaces. Links in our full report.

CANNABIS/NATURAL PRODUCTS

25 November 2024

Higher Exchanges Recap : Adapting to Change with AYR Interim CEO Steven M. Cohen
Industry Report

Higher Exchanges is a weekly cannabis-investing conversation hosted by WTR’s Head of Cannabis, Jesse Redmond, and Morgan Paxhia, co-founder of Poseidon. Those interested can listen to the podcast on Apple Podcasts, Spotify, or X Spaces.

CANNABIS/NATURAL PRODUCTS

18 November 2024

Gold Flora Corporation (CBOE CA:GRAM OTC:GRAM)
Update Note
GRAM: Strong Margin Improvements Drive Adjusted EBITDA Beat

Gold Flora Corporation (Gold Flora) is a leading vertically integrated California cannabis company. The company has high-quality assets downstream and across the supply chain. Vertical integration enhances margins and is a key ingredient for winning in California.

CANNABIS/NATURAL PRODUCTS

18 November 2024

Higher Exchanges Recap : Unlocking Potential with Ascend CEO Sam Brill
Industry Report

Higher Exchanges is a weekly cannabis-investing conversation hosted by WTR’s Head of Cannabis, Jesse Redmond, and Morgan Paxhia, co-founder of Poseidon. Those interested can listen to the podcast on Apple Podcasts, Spotify, or X Spaces. Links accessible in our full report.

CANNABIS/NATURAL PRODUCTS

15 November 2024

LEEF Brands, Inc. (OTC:LEEEF CSE:LEEF)
Update Note
LEEEF: Substantial Progress on Key Initiatives in Transitional 3Q24

LEEF Brands is a scaled, vertically integrated operator in California. It holds the largest cultivation permit in Santa Barbara County, owns LEEF Labs, one of the state’s largest manufacturing companies, and has The Leaf dispensary in Palm Springs.

CANNABIS/NATURAL PRODUCTS

11 November 2024

Cannabis Trends Update : Five Factors That Will Drive 2025
Industry Report

2024 is shaping up to be another difficult year for cannabis investors. The lack of federal reform and Florida failing to pass Amendment 3 have dampened spirits and lowered expectations, stock prices, and valuations as we head into the new year. Below are five factors we expect to have an impact on the cannabis industry in 2025.

CANNABIS/NATURAL PRODUCTS

11 November 2024

Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM)
Update Note
HYFM: Strong Cost Controls Preserve Positive Adjusted EBITDA in Challenging Industry Environment

Hydrofarm is a non-plant touching, NASDAQ-listed leading manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture (CEA). The company’s products consist primarily of consumable products, such as nutrients and grow media, and durable products, such as grow lights, climate control solutions, rolling racks/benches, and various other equipment and supplies.

CANNABIS/NATURAL PRODUCTS

11 November 2024

Higher Exchanges Recap : Revisiting the Thesis with Dai Truong and Doug Kass
Industry Report

Higher Exchanges is a weekly cannabis-investing conversation hosted by WTR’s Head of Cannabis Jesse Redmond and Morgan Paxhia, co-founder of Poseidon. Those interested can listen to the podcast on Apple Podcasts, Spotify, or X Spaces. Links are accessible in our full report.

CANNABIS/NATURAL PRODUCTS

6 November 2024

Amendment 3 Fails in Florida : Understanding Who May Be Affected Most
Industry Report

Cannabis is a state-led growth story with a series of hard-to-time political catalysts. It is new states opening for medical sales and medical markets converting to adult-use that drive growth.

CANNABIS/NATURAL PRODUCTS

4 November 2024

Higher Exchanges Recap : 2024 Election Preview with Hirsh Jain
Industry Report

Higher Exchanges is a weekly cannabis-investing conversation hosted by WTR’s Head of Cannabis Jesse Redmond and Morgan Paxhia, co-founder of Poseidon. Those interested can listen to the podcast on Apple Podcasts, Spotify, or X Spaces. Links in our full report.

CANNABIS/NATURAL PRODUCTS

30 October 2024

Tier 1 MSOs Earnings Preview : Curb Your Enthusiasm
Industry Report

The top five aka Tier 1 US multi-state operators (MSOs) report earnings next week. Despite a partial contribution from Ohio opening to adult-use sales, investors should expect lackluster results. Keep in mind that quarterly results can be volatile, and we try look for trends over longer time periods when possible.

CANNABIS/NATURAL PRODUCTS

25 October 2024

Higher Exchanges Recap : The Sunshine State Starring Dan Neville and Brady Cobb
Industry Report

Higher Exchanges is a weekly cannabis-investing conversation hosted by WTR’s Head of Cannabis Jesse Redmond and Morgan Paxhia, co-founder of Poseidon. Those interested can listen to the podcast on Apple Podcasts, Spotify, or X Spaces. Links in our full report.

CANNABIS/NATURAL PRODUCTS

24 October 2024

LEEF Brands, Inc. (OTC:LEEEF CSE:LEEF)
Management Series
LEEEF: Setting the Table for a Transformational 2025

We recently hosted a fireside chat with CEO Micah Anderson to discuss the elements that may make 2025 a transformational year. This report contains a transcript of the conversation, which can be accessed on demand. A link is available in our full report.

CANNABIS/NATURAL PRODUCTS

10 October 2024

Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM)
Update Note
HYFM: WTR Small-Cap Spotlight Recap

CEO Bill Toler joined us on the WTR Small-Cap Spotlight. Those interested can listen to this podcast on Apple Podcasts, Spotify, or on our website. Links are accessible in our full report.

CANNABIS/NATURAL PRODUCTS

7 October 2024

Higher Exchanges Recap : Who's Better for Cannabis: Harris or Trump?
Industry Report

Higher Exchanges is a weekly cannabis-investing conversation hosted by WTR’s Head of Cannabis Jesse Redmond and Morgan Paxhia, co-founder of Poseidon. Those interested can listen to the show on Apple Podcasts, Spotify, or X Spaces. Links are accessible in our full report.

CANNABIS/NATURAL PRODUCTS

3 October 2024

LEEF Brands, Inc. (OTC:LEEEF CSE:LEEF)
Fireside Chat Invitation
Fireside Chat: CEO Micah Anderson, October 17, 2024, at 1:00 pm ET

Please join us for a conversation with CEO Micah Anderson on Thursday, October 17, 2024, at 1:00 pm ET. Topics will include:

CANNABIS/NATURAL PRODUCTS

3 October 2024

WTR Small-Cap Spotlight Recap : Benzinga Cannabis Capital Conference Preview with Elliot Lane
Industry Report

Elliot Lane, Senior Vice President of Event Partnerships at Benzinga, joined us on the WTR Small-Cap Spotlight. Those interested can listen to the episode on Apple Podcasts, Spotify, or on our website. Links are accessible in our full report.

CANNABIS/NATURAL PRODUCTS

30 September 2024

Higher Exchanges Recap : Exploiting the Low-Cost Advantage with Grown Rogue CEO Obie Strickler
Industry Report

Higher Exchanges is a weekly cannabis-investing conversation hosted by WTR’s Head of Cannabis Jesse Redmond and Morgan Paxhia, co-founder of Poseidon. Those interested can listen to the show on Apple Podcasts, Spotify, or X Spaces. Links are available in our full report.