Author: Alan Brochstein, CFA
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 A big acquisition helped fuel...
A few weeks ago, we expressed concern about a sharp deceleration in cannabis sales during November. After reviewing data from BDSA for December in five mature western markets and...
Illinois total cannabis sales totaled $121.5 million in January, flat from December and up 94% from a year ago, when the state added adult-use sales: Adult-use sales, according to...
After soaring 62% in Q4, the Global Cannabis Stock Index began the new year with a 27.8% gain to 56.71. The index, which had 38 qualifying members during the month following...
The American Cannabis Operator Index moved higher for the fourth consecutive month in January, advancing 23.3% to 77.74: It gained 45.7% in 2020, when it ended at 63.05, and has rebounded...
The Canadian Cannabis LP Index started 2021 strongly, advancing 26.7% to 348.75: The index, which rallied 22.1% in Q4 but still fell 30.1% in 2020, is down 8.6% over the past...
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 Stock market volatility played a...
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...
This morning, New Cannabis Ventures received anonymously an audio recording of a conversation between former CEO Hadley Ford of iAnthus (CSE: IAN) (OTC: ITHUF) and an investor. We were...
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 November data in Canada and...
Statistics Canada released November retail sales for the country this morning, with cannabis sales growth decreasing sequentially and slowing from a year ago. Sales of C$261.4 million fell 3.2% from September...
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 Capital raising and M&A remained...
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...
After a weak November, cannabis sales increased sharply in Michigan during December, according to the Michigan Marijuana Regulatory Agency. The state breaks out medical and adult-use, which, combined, totaled...
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...
The Illinois Department of Financial and Professional Regulation released net cannabis revenue from adult-use sales for December today, with monthly sales reaching $86.86 million, up 15% from November: For...
The year that just ended was one of the most remarkable of the nearly eight that have passed since I began covering the cannabis industry in early 2013. We...
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...
After a sharp decline in September that left the index down 7% in Q3, the Global Cannabis Stock Index held on to massive gains in October and November, decreasing 0.8% to...
The Canadian Cannabis LP Index continued to lag the broader sector in December, retreating 4.8% to 275.16: The index, which rallied 22.1% in Q4, still fell 30.1% in 2020: It remains...
The American Cannabis Operator Index moved higher for the third consecutive month in December, advancing 10.0% to 63.05: After ending 2019 at 43.27, the index gained 45.7% in 2020 and has...
Commercial real estate finance company AFC Gamma, founded in July, has filed an S-11 to go public on the NASDAQ as a REIT. The company, which expects to trade under...
