Not So High Times

You’re reading this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to help our readers...
- January 16th, 2025 at 9:01 am

Ascend Issues $15 Million in Debt

Ascend Wellness Holdings Closes $15 Million Private Placement of Senior Secured Notes NEW YORK, Jan. 14, 2025 /PRNewswire/ – Ascend Wellness Holdings, Inc. (“AWH”, “Ascend” or the “Company”) (CSE:...
- January 14th, 2025 at 8:11 am

Michigan Cannabis Sales Decrease in December

Michigan cannabis sales for December fell from a year ago and they fell sequentially 3.9% despite the extra day in the month. At $265.5 million, sales were down 5.2% from a...
- January 10th, 2025 at 1:15 pm

Tilray Q2 Cannabis Revenue Falls 2% From a Year Ago

Tilray Brands Reports Q2 2025 Financial Results Gross Profit Increased by 29% Year-Over-Year, Reaching $61 Million in Q2 with Growth Across All Four Business Segments Achieved 9% Year-Over-Year Growth,...
- January 10th, 2025 at 7:25 am

The Death of Another Cannabis ETF

You’re reading this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to help our readers...
- January 9th, 2025 at 8:14 am

December Cannabis Sales Fell From a Year Ago

New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s monthly cannabis sales data for 15 states. Cannabis sales decreased 3.2% sequentially in December despite there being one more...
- January 7th, 2025 at 8:42 am

The Other Cannabis REITs Could Face Pressure

You’re reading this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to help our readers...
- January 1st, 2025 at 5:17 pm

One Part of the Cannabis Sector Rose in December

As we described in an article released earlier, the Global Cannabis Stock Index moved lower in December, falling 7.5%. It was down 15.2% in 2024. In this article, we summarize the performance...
- December 31st, 2024 at 5:18 pm

Cannabis Stocks End a Rough Year Roughly

Cannabis stocks, as measured by the Global Cannabis Stock Index, were quite volatile this year. The index gained in September, prompting a Q3 gain, but it fell in October, November...
- December 31st, 2024 at 4:25 pm

Vireo Growth Raises $81 Million at $0.625 per Share

Vireo Growth Inc. Announces Closing of Oversubscribed US$81 Million Equity Securities Offering – Oversubscribed equity raise at US$0.625 per share capitalizes Company with a strong balance sheet– – Financing...
- December 31st, 2024 at 8:17 am

Cannabis Stocks Perhaps Have Bottomed

You’re reading this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to help our readers...
- December 25th, 2024 at 8:07 am

Canadian Cannabis Sales Picked Up in October

Statistics Canada released October retail sales for the country, with cannabis sales increasing from the September levels, up 1.1% to C$456.3 million.  This was a drop on a per-day basis. September,...
- December 20th, 2024 at 8:43 am

Cannabis REIT Reports Large Default

Innovative Industrial Properties Reports Default by PharmaCann on All Leases SAN DIEGO–(BUSINESS WIRE), December 20, 2024–Innovative Industrial Properties, Inc. (IIP), through indirect, wholly owned subsidiaries serving as landlords, previously...
- December 20th, 2024 at 8:00 am

Cansortium Completes RIV Capital Acquisition

FLUENT Completes Acquisition of RIV Capital, Adding New York Retail, Wholesale and Cultivation Operations to its Multi-State Footprint Accelerates FLUENT’s entry into one of the largest and fastest growing...
- December 19th, 2024 at 12:06 pm

Illinois Cannabis Sales Increased Strongly in November

Illinois released sales figures for adult-use cannabis in November today. They were up 4.9% sequentially to $149.3 million. On a per-day basis, sales rose 8.4%. The year-over-year growth was +7.3%, better than...
- December 19th, 2024 at 11:43 am

Potential Cannabis Buyouts

You’re reading this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to help our readers...
- December 19th, 2024 at 7:48 am

Vireo Growth to Acquire 4 Cannabis Companies

Vireo Growth Inc. Announces $75 Million Financing and Acquisitions of Four Single State Operators $75 million equity financing at $0.625 per Vireo share will result in combined new entity...
- December 18th, 2024 at 6:57 am

Organigram Increases Revenue and Adjusted EBITDA in Q4

Organigram Reports Fourth Quarter and Fiscal 2024 Results Fiscal 2024 net revenue of $159.8 million 17.6% year-over-year growth in Organigram’s recreational shipped sales in Fiscal 2024 Q4 Fiscal 2024...
- December 18th, 2024 at 6:26 am

Michigan Cannabis Sales Increase in November

Michigan cannabis sales for November rose from a year ago and they rose sequentially 2.9%. At $276.4 million, sales were up 6.1% from a year earlier: The Michigan Cannabis Regulatory Agency...
- December 17th, 2024 at 9:28 am

Florida Cannabis Market Remains Under Pressure

Each week, Florida’s Office of Medical Marijuana Use (OMMU), which is part of the state’s Department of Health, releases data on the state’s medical cannabis program, including an active...
- December 13th, 2024 at 3:13 pm