Cannabis Confidential
Todd Harrison, Scott R. Grossman, REKLAIM CREDIT SOLUTIONS, Hirsh Jain, Business of Cannabis, Anthony VarrellCannabis Confidential has shifted content strategy in 2026 with more insights from trusted partners, industry insiders, and corporate leaders who’ve got something to say.
| Platform |  | Pricing | Only free issues | Publishes | Daily |
|---|---|---|---|---|---|
| Issues | 934 | Founded | 6 years ago | Last Issue | 5 days ago |
| Active | |||||
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toddharrison.substack.comLatest Issues
Trulieve Earnings + Call Notes
Trulieve Earnings
$271M Revs; est. $269M
$98M AEBITDA; est. $93M
$162M GP; est. $165M
60% GM; est. 61.3%
($370.5M) OI; est. $45.4M
($406M) NI; est. $12.4M
($ 2.10 EPS); est. $0.04
$407 million impact from the Harvest deconsoli...
TerrAscend Earnings + Call Notes
TerrAscend Earnings
$67.1M Revs; est. $66.4M
$17.7M AEBITDA; est. $17.3M (+11% YoY)
$36.3M GP; est. $34.6M
54% GM; est. 52.1%
($10.1M) NI; est. ($9M)
($0.04) EPS; est. ($0.02)
$7.4m OPCF
$5.7m FCF
Q2 2026 Net Reve...
Cresco Earnings + Call Notes
Cresco Earnings
$173M Revs; est. $166.2M
$40M AEBITDA; est. $35.4M
$87M GP; est. $81.2M
50.3% GM; est. 48.9%
$13.4M OI; est. $16.5M
$15M NI; est. ($9.6M)
Management Commentary
“Q2 delivered growth ahead of expectations, with...
Curaleaf Earnings + Call Notes
Curaleaf Earnings
$340.1M Revs; est. $332.8M
$70.1M AEBITDA; est. $66.3M
$169.9M GP; est. $161.6M
50% GM; est. 48.6%
$4.2M OI; est. $5M
$12.5M NI; est. ($42.3M)
$0.05 EPS; est. ($0.16)
Second quarter 2026 net revenue of $340 m...
Verano Earnings + Call Notes
Verano Holdings Earnings
$218M Revs; est. $209.1M
$51.2M AEBITDA; est. $49.6M
$99.7M GP; est. $99.8M
45.8% GM; est. 47.7%
$3.1M OI; est. $17.6M
($13.4M) NI; est. ($14.8M)
($0.18) EPS; est. ($0.21)
$31m CFFO
CAPEX guidance ti...
Key Facts
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| Subscribers | Engagement | 78 | Monthly Web Visits | ||
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| Accepts Sponsors | Estimated Cost per Ad | ||||
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Authors
The writers behind this newsletter.
Proud father, dog cuddler; online OG; Founding Partner / CIO @CB1Cap \ud83c\udf4a \ud83c\udff4☠️
25+ Yrs Investing + Operating | Consumer Transformations | Cannabis | Ex-Soros, Magnetar, $TPB | SUNDAY SESH | Watch the Periphery | My Views, KNOW WHAT YOU OWN
A purpose built credit rating and reporting agency for the legal cannabis industry. We provide credit intelligence based on accounts receivable aging (AR) so you know who WILL pay BEFORE you ship. KNOW WHO WON’T PAY BEFORE THEY DON’T PAY!
Hirsh Jain is the CEO of Ananda Strategy, a cannabis-focused business advisory firm that works with cannabis operators on matters ranging from competitive licensing, legislative strategy, regulatory intelligence & other varied corporate initiatives.
Business of Cannabis delivers agenda-setting journalism on cannabis regulation, business strategy, and policy across Europe.
Anthony Varrell is co-founder of Trade To Black and a thought leader in cannabis capital markets, government relations, and industry insights. Investing in public & private cannabis since 2014 via Stonebridge Partners.
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