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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

December 11, 2024

MariMed (OW): On the Growth of Betty's Eddies

December 3, 2025

MariMed (OW): Updated Views Post 3Q

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

September 6, 2024

Vext Science (OW): Update Post 2Q & 1mo of OH Rec

Planet 13 Holdings

March 27, 2025

PLNH (OW): Company Update Post 4Q24 Print

December 3, 2024

PLNH (OW): Updated Views Post 3Q

August 15, 2024

PLNH (OW): FL Already at -33% of Proforma Sales

Jushi Holdings

March 11, 2025

JUSHF (OW): Company Outlook & 4Q Review

December 10, 2024

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

September 17, 2024

JUSHF (OW): Updated Views & Estimates Post Recent B/S Actions

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

August 16, 2024

VRNOF (OW): Model Update Post 2Q Print

Green Thumb Industries

February 28, 2025

GTBIF (OW): Review of 4Q24 & Benchmarking

November 18, 2024

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

August 16, 2024

GTBIF (OW): Model Update Post 2Q Print

Cresco

April 1, 2025

CRLBF (OW): Updated Estimates

December 20, 2024

CRLBF (OW): Core Markets Deep Dive

November 22, 2024

CRLBF (OW): Updated Views & Estimates Post 3Q