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It has been a challenging road for these firms, but now it appears that positive things are about to happen.
Ayr Strategies is expanding in a contracting market.
State's dispensaries get OK to reopen recreational curbside service on May 25.
Still, Covid has forced attention on company balance sheets and a hard look at cash burn rates and investment choices.
Those that could quickly pivot may earn a new set of customers.
Customers rushed to stock up on cannabis as states imposed stay-at-home orders, but a protracted loss of foot traffic in stores would hurt.
As many in industry struggle, we preview reports to come.
A cautious approach by the state is having a wicked effect on earnings and estimates.