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 necessary ingredient for winning in competitive environments like California. Gold Flora reported 1Q24 results, with revenue of $32.2 million, which increased 13.2% sequentially and exceeded our estimate of $29.2 million. Wholesale revenue jumped 72.4%, while retail revenue r...
Gold Flora is a leading vertically integrated cannabis company in California. With more than 39 million residents, California is the most populated state. If it were a sovereign nation, it would be the world’s fifth-largest economy. California is also a dominant force in cannabis. With $5.1 billion in legal sales in 2023, it represents about 17% of the $30 billion US legal industry. It’s not only the leader in size, but also in quality and culture. Gold Flora is vertically integrated, with high-...
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 necessary ingredient for competing in open-license environments like California. The integration also materially de-risks the platform, eliminating reliance on third parties. Importantly, it eliminates reliance on third parties and helps de-risk the consolidated enterprise. Go...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.