We are honored to have Matt McGinley join us as a guest host in this week's episode. Matt is the Managing Director at Needham & Company and his experience in covering the markets is quite extensive. Before he started focusing solely on the cannabis industry, Matt worked at Evercore ISI and Morgan Stanley. Prior to that, he worked in brand management at Kraft Foods in the beverage category, and was an Infantry Officer in the U.S. Army before leaving the military in 2004 at the rank of Captain. He holds an M.B.A. from New York University and graduated magna cum laude from the University of Pittsburgh.
Our hosts cover earnings season for Q321 and because of our special guest, were able to really dig into some detail of how earnings looked for cannabis and its major players in the industry this season. First they talk a bit about big picture trends and how our current economy has been effecting the cannabis markets — global inflation and supply chain issues did have some impacts. Next, our hosts dive into the earnings performance for a few of the major MSOs such as Curaleaf, GTI, Cresco, and Columbia Care to name a few. Stay tuned to learn about who had a ‘hot mess of a quarter’ and who are positioned have better EBITDA rates and other key metrics going into the next quarter and beyond. Let us know what you think of our earnings season coverage and leave a review, and also remember to subscribe to this podcast wherever you stream from.