The cannabis sector's earning season continues this week, but there are already some notable takeaways. First, investors are starting to demand efficiency from this nascent group. Many of the companies across the industry have scaled to current size through costly acquisitions and now investors are expecting execution. Yet, some analysts believe more mergers and acquisitions will be fueled by these recent earnings as smaller operators look to keep pace.

Some of the quieter companies across the industry have been the most impressive like GW Pharma's GWPH 490% quarter-over-quarter growth along with Planet 13 Holdings' PLNHF 70% quarter-over-quarter growth (not pictures on the timeline below).

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