us a flag on pole

US MSOs

Explore our in-depth analysis of U.S. Multi-State Operators, featuring company-specific research and industry trends driving the U.S. cannabis market.

*Latest reports. Please contact us for archive reports.

MariMed

March 10, 2025

MariMed (OW): Company Outlook & 4Q Review

May 12, 2025

MariMed (OW): Update Post 1Q25 Results

MariMed (OW): Brand Performance in Key Markets

May 5, 2025

Vext Science

April 1, 2025

Vext Science (OW): Ohio to Drive EBITDA Ramp; Trading at 3X 4Q25 EBITDA

November 22, 2024

Vext Science (OW): Updated Views Post 3Q

Vext Science (OW): The Stock with the Most Ohio EBITDA Upside Among MSOs

May 22, 2025

Planet 13 Holdings

March 27, 2025

PLNH (OW): Company Update Post 4Q24 Print

May 15, 2025

PLNH (OW): Quantifying the FL Upsdie and 1Q Update

May 12, 2025

PLNH (OW): Review of Macro Trends Ahead of 1Q25

Jushi Holdings

March 11, 2025

JUSHF (OW): Company Outlook & 4Q Review

December 10, 2024

JUSHF (OW): OH Expansion & PA Rec EBITDA Torque

JUSHF (OW): On the Stock Upside to PA Rec

May 27, 2025

Tilt Holdings

November 21, 2024

TILTF (Neutral): Updated Views & Estimates Post 3Q Print & Mgmt Call

August 21, 2024

TILTF: Downgrading to Neutral from OW

May 23, 2024

TILTF (OW): Company Update Post 1Q Print & Call

Verano

February 28, 2025

VRNOF (OW): Review of 4Q24 & Comp with Green Thumb & Trulieve

November 18, 2024

VRNOF (OW): Updated Projections Post 3Q & A3 Not Passing

June 2, 2025

VRNOF (OW): Updated Estimates Post 1Q

Green Thumb Industries

February 28, 2025

GTBIF (OW): Review of 4Q24 & Benchmarking

November 18, 2024

GTBIF (OW): Updated Estimates Post 3Q (& Macro Views)

June 2, 2025

GTBIF (OW): A Stand Out Among MSOs

Cresco

April 1, 2025

CRLBF (OW): Updated Estimates

December 20, 2024

CRLBF (OW): Core Markets Deep Dive

June 2, 2025

CRLBF (OW): Updated Estimates Post 1Q and Benchmarking vs Tier 1 MSOs