Market volatility and focus on cash flow and profitability

The cannabis market is currently experiencing volatility, with ups and downs influenced by factors like news around schedule three and federal-level developments. Companies are focusing more on cash flow and profitability after years of prioritizing growth. The Q3 earnings reports indicate that efforts to control costs and right-size operations have started to pay off. Companies like GTI and Curaleaf have demonstrated success in this regard. Some smaller players, like Grown Rogue, have also shown impressive cash flow and adjusted EBITDA figures despite operating in challenging markets like Oregon and Michigan.