Author: Alan Brochstein, CFA
The American Cannabis Operator Index fell for the second straight month after having scored five straight monthly gains, declining 4.1% to 79.66: After gaining 45.7% in 2020, when it ended at...
Following up on our recent discussion of how cannabis investors have embraced publicly traded ancillary companies, New Cannabis Ventures launched its seventh proprietary index, the Ancillary Cannabis Index at the...
The Global Cannabis Stock Index shook off a mid-month meltdown but still fell for the second consecutive month, declining 2.2% to 61.19: The index, which had 48 qualifying members during the...
You’re reading a copy of 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...
Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary Pro-cannabis legislation advanced in Louisiana and...
The Canadian Cannabis LP Index pulled back slightly in April, its second straight decline after a strong first two months to begin the year, declining 4.9% to 369.45: The index, which...
The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis stocks that generate industry sales of more than US$12.5 million per...
Statistics Canada released February retail sales for the country this morning, with cannabis sales growth decreasing sequentially. Sales of C$263 fell 5.9% from January (three fewer days), which had declined ...
Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary The SAFE Banking Act passed in...
During March, Michigan cannabis sales increased 179% from a year ago to $145.8 million, a 39% increase from February, which had 3 fewer days in the month, reaching a new all-time high:...
You’re reading a copy of 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...
Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary New Mexico’s governor signed into law...
You’re reading a copy of 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...
Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary March Illinois cannabis sales were quite...
Illinois total cannabis sales reached $144.8 million in March, up 31% from February (3 more days) and up 120% from a year ago : Adult-use sales, according to the...
Following a substantial slowing in year-over-year growth across 8 markets that BDSA covers in November, cannabis sales growth had reaccelerated in December and January. During February, according to BDSA, year-over-year...
The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis stocks that generate industry sales of more than US$12.5 million per...
You’re reading a copy of 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...
Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary New York legalized and New Mexico’s...
After soaring 62% in Q4 and then increasing over 50% to begin 2021, the Global Cannabis Stock Index fell 6.2% in March to 62.55: The index, which had 38 qualifying members...
The American Cannabis Operator Index ended a five-month winning streak in March, declining 11.4% to 83.05: After gaining 45.7% in 2020, when it ended at 63.05, the index is up 31.7%...
The Canadian Cannabis LP Index pulled back slightly in March after a strong first two months to begin the year, declining 6.3% to 388.44: The index, which rallied 22.1% in Q4...
You’re reading a copy of 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...
Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary New York moved closer to legalizing....
During February, Michigan cannabis sales increased 160% from a year ago to $105.2 million, a 3% decline from January due to 3 fewer days in the month: The Michigan Marijuana Regulatory Agency...