Author: Alan Brochstein, CFA
Already down sharply through February, the Global Cannabis Stock Index extended its losses with a 24.9% decline during March, ending at 23.58 despite a bounce from record lows mid-month: The index,...
Canadian licensed producers experienced their twelfth consecutive monthly decline during March, with the Canadian Cannabis LP Index falling 18.3% to 246.96, slightly worse than the S&P/TSX Composite, which fell 17.7%: Over...
The American Cannabis Operator Index fell for the twelfth consecutive month, declining 27.9% to 21.09, its lowest monthly close since inception: The index, which launched at the end of October 2018...
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$7.5 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...
Surna (OTC: SRNA), a provider of HVAC equipment to the cannabis industry that generated revenue of $15.2 million in 2019, appears to be facing dire circumstances. On March 24th,...
Massachusetts, which had previously banned all cannabis vape sales last year, has taken the nations’s most aggressive action with respect to the COVID-19 crisis. The Massachusetts Cannabis Control Commission...
You’re reading a copy of this week’s edition of the free New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. Sign up to receive a copy...
In late 2018, MariMed (OTC: MRMD) announced a $30 Million investment into GenCanna Global, a Kentucky-based hemp company, to help it expand its processing facilities. Today, the company revealed...
You’re reading a copy of this week’s edition of the free New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. Sign up to receive a copy...
You’re reading a copy of this week’s edition of the free New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. Sign up to receive a copy...
Bruce Linton, formerly co-founder and CEO of Canopy Growth, delivered a keynote speech at the Benzinga Cannabis Capital Conference in Miami on February 27th, sharing his enthusiasm for the...
After breaking an 8-month losing streak in December with a strong close on the last day of the year, the Global Cannabis Stock Index extended its January losses with a 21.5%...
The American Cannabis Operator Index fell again for the eleventh consecutive month, declining 25.5% to 29.24, its lowest monthly close since inception: The index, which launched at the end of October...
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$7.5 million per...
Canadian licensed producers experienced their eleventh consecutive monthly decline during February, with the Canadian Cannabis LP Index falling 20.8% to 302.23: Over the past year, the index has declined 69.7%: The...
You’re reading a copy of this week’s edition of the free New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. Sign up to receive a copy...
You’re reading a copy of this week’s edition of the free New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. Sign up to receive a copy...
In October, Gibraltar Industries (NASDAQ: ROCK) purchased CO2 extraction company Apeks Supercritical, paying $12.55 million for the Ohio-based company that reported trailing annual revenue through June 2019 of $17.7 million....
You’re reading a copy of this week’s edition of the free New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. Sign up to receive a copy...
After the market closed, Pyxus International (NYSE: PYX), formerly Alliance One International, reported its fiscal 2020 Q3 financials. The overall performance was quite weak, but the cannabis business in...
You’re reading a copy of this week’s edition of the free New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. Sign up to receive a copy...
After breaking an 8-month losing streak in December with a strong close on the last day of the year, the Global Cannabis Stock Index began the year with a 5.2% decline,...
Elixinol Global (ASX: EXL) (OTC: ELLXF), which conducted a highly successful Australian IPO in 2018, has seen an incredible reversal of fortune that has culminated in the company abandoning...
The American Cannabis Operator Index fell again for the tenth consecutive month, declining 9.4% to 39.22, it’s lowest close since inception: During Q4, the index had fared better than the broader...
