βοΈπΊπΈ#smoke #regulation #cannabis
This Week - Biden may announce a ban on the sell of menthol cigarettes - WP
This Week - Biden may announce a ban on the sell of menthol cigarettes - WP
β οΈπΊπΈ#ACB #spo #smoke
Aurora Cannabis has filed a prospectus supplement establishing a new at-the-market equity program (the "ATM Program") that allows the Company to issue and sell up to $300M of common shares in the capital of the Company from treasury to the public, from time to time, at the Company's discretion
Aurora Cannabis has filed a prospectus supplement establishing a new at-the-market equity program (the "ATM Program") that allows the Company to issue and sell up to $300M of common shares in the capital of the Company from treasury to the public, from time to time, at the Company's discretion
πΊπΈ#weed #legalization #smoke
Amazon backs marijuana legalization at the federal level, drops weed testing for some jobs
Amazon backs marijuana legalization at the federal level, drops weed testing for some jobs
π¬π§#BATS #report #smoke
British American Tobacco - Fiscal 2021 Expectations:
o Increased permanent growth in foreign exchange earnings of more than 5%, which is above our forecast of 3-5%.
o Adjusted single-digit adjusted diluted EPS growth
o Strong conversion of operating cash flow exceeding 90%
o Decrease in leverage to about 3x Adjusted Net Debt4 / Adjusted EBITDA5 by the end of the year
We continue to expect 2021 to be a pivotal year for the business, with faster revenue growth in the new category, a clear break in new category profitability by 2025, and a decline in leverage to 3x by the end of the year.
British American Tobacco - Fiscal 2021 Expectations:
o Increased permanent growth in foreign exchange earnings of more than 5%, which is above our forecast of 3-5%.
o Adjusted single-digit adjusted diluted EPS growth
o Strong conversion of operating cash flow exceeding 90%
o Decrease in leverage to about 3x Adjusted Net Debt4 / Adjusted EBITDA5 by the end of the year
We continue to expect 2021 to be a pivotal year for the business, with faster revenue growth in the new category, a clear break in new category profitability by 2025, and a decline in leverage to 3x by the end of the year.
ππ§π·#smoke #brazilia #regulation
International cannabis companies are showing interest in Brazil, both its large consumer market for medicinal products and a proposal that could legalize planting of the crop - RTRS
Among Brazilβs advantages are lower growing costs because its warm climate allows plants to grow outdoors compared to greenhouses in some countries. Stable hours of sunlight due to Brazilβs proximity to the equator are another plus.
International cannabis companies are showing interest in Brazil, both its large consumer market for medicinal products and a proposal that could legalize planting of the crop - RTRS
Among Brazilβs advantages are lower growing costs because its warm climate allows plants to grow outdoors compared to greenhouses in some countries. Stable hours of sunlight due to Brazilβs proximity to the equator are another plus.
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πΊπΈ#smoke #regulation #us #marketsize
FDA is moving forward on a plan to mandate the elimination of nearly all nicotine in cigarettes, a policy that would upend the $95B U.S. cigarette industry and prompt millions of people to quit smoking or switch to alternatives such as e-cigarettes - WSJ
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how to read WSJ for free
FDA is moving forward on a plan to mandate the elimination of nearly all nicotine in cigarettes, a policy that would upend the $95B U.S. cigarette industry and prompt millions of people to quit smoking or switch to alternatives such as e-cigarettes - WSJ
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how to read WSJ for free
πΉπ#smoke #thailand #marketsize
market for medical marijuana and hemp in Thailand to reach $1.2B by 2025 (CAGR 15%) - University of Thai Chamber of Commerce
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June 2022: Thailand made it legal to cultivate and possess marijuana - CNBC
market for medical marijuana and hemp in Thailand to reach $1.2B by 2025 (CAGR 15%) - University of Thai Chamber of Commerce
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June 2022: Thailand made it legal to cultivate and possess marijuana - CNBC
β‘οΈπΊπΈ#MO #report #smoke
Altria
Q2 Non-GAAP EPS of $1.26 beats by $0.01.
Revenue of $5.37B (-4.1% Y/Y) misses by $50M
reaffirm our guidance to deliver 2022 full-year adjusted diluted EPS in a range of $4.79 to $4.93. This range represents an adjusted diluted EPS growth rate of 4% to 7% from a $4.61 base in 2021.β
Altria
Q2 Non-GAAP EPS of $1.26 beats by $0.01.
Revenue of $5.37B (-4.1% Y/Y) misses by $50M
reaffirm our guidance to deliver 2022 full-year adjusted diluted EPS in a range of $4.79 to $4.93. This range represents an adjusted diluted EPS growth rate of 4% to 7% from a $4.61 base in 2021.β