Author: Alan Brochstein, CFA

Cannabis Sectors Have Mixed June Performance

As we described in a previous article, the Global Cannabis Stock Index moved lower in June, falling 8.9%. It is now up 6.2% in 2024. In this article, we summarize the performance...
- June 29th, 2024 at 7:51 am

The Global Cannabis Stock Index Ends June Lower

Cannabis stocks, as measured by the Global Cannabis Stock Index,  exploded higher in late August on news that the Department of Health and Human Services had recommended to the DEA...
- June 28th, 2024 at 4:20 pm

Cannabis Stocks Have Retreated Substantially

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...
- June 27th, 2024 at 4:08 pm

Illinois Cannabis Sales Remain Stalled in May

Illinois released its cannabis sales data much later than it normally does again. Illinois adult-use cannabis sales in May were up 1.2% sequentially to a  $146.2 million, which was down slightly on...
- June 27th, 2024 at 2:27 pm

Canadian Cannabis Sales Increased In April

Statistics Canada released April retail sales for the country, with cannabis sales increasing from the March levels, up 5.3% to C$428.6 million. On a per-day basis, sales sales rose 8.8%. March...
- June 21st, 2024 at 8:45 am

A Bargain Cannabis Stock

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...
- June 20th, 2024 at 4:02 pm

A Big Round Trip

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...
- June 14th, 2024 at 5:25 am

Michigan Cannabis Sales Slow Again

Michigan cannabis sales for May fell sequentially on a per-day basis as they increased just 0.4% from April. At $279.6 million, sales were up 13.7% from a year earlier: The Michigan...
- June 13th, 2024 at 2:34 pm

Florida Medical Patient Growth Sets All-Time Low

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...
- June 7th, 2024 at 3:34 pm

This Is a Better Time to Buy Cannabis Stocks

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...
- June 7th, 2024 at 6:00 am

April Had 4/20 But Not High Cannabis Sales Growth

New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s monthly cannabis sales data for 11 states. Cannabis sales decreased 0.7% sequentially in April after plunging in January, rebounding...
- June 3rd, 2024 at 6:59 pm

Illinois Reports April Cannabis Sales

Illinois released its cannabis sales data much later than it normally does. Illinois adult-use cannabis sales in April were down 2.9% sequentially to a  $144.5 million, which was about the same on...
- June 3rd, 2024 at 9:17 am

May Was Rough On All Cannabis Sectors

As we described in a previous article, the Global Cannabis Stock Index sank in May, falling 14.6%. It is now up 44.4% in 2024. In this article, we summarize the performance of...
- May 31st, 2024 at 5:08 pm

Global Cannabis Stock Index Plunges

Cannabis stocks, as measured by the Global Cannabis Stock Index,  exploded higher in late August on news that the Department of Health and Human Services had recommended to the DEA...
- May 31st, 2024 at 4:16 pm

Exit This Cannabis Stock

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...
- May 31st, 2024 at 5:57 am

Florida Medical Cannabis Patient Growth Falls Again

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...
- May 25th, 2024 at 10:27 am

Canadian Cannabis Sales Lift

Statistics Canada released March retail sales for the country, with cannabis sales increasing from the February levels, up 7.1% to C$414.1 million. On a per-day basis, sales sales rose 0.2%. February...
- May 24th, 2024 at 8:43 am

A Big Bet Goes Bad

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...
- May 24th, 2024 at 6:56 am

DEA Opens Cannabis Rescheduling Comment Period

The Drug Enforcement Administration published its proposed rescheduling of cannabis today. There is a comment period that ends on July 22nd. The biggest outcome of cannabis being rescheduled from...
- May 21st, 2024 at 8:12 am

Unexciting Earnings Season

The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. This update is our first since  late April, when we...
- May 18th, 2024 at 11:20 am

Be Careful With Florida

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...
- May 17th, 2024 at 8:10 am

Michigan Cannabis Sales Slow in April

Michigan cannabis sales for April fell sequentially after rising in February and then March. At $278.6 million, sales fell 3.6% sequentially from the previous record level. The sequential growth on a...
- May 14th, 2024 at 5:17 pm

Investors Should Not Dive Into Canadian Cannabis

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...
- May 10th, 2024 at 8:17 am

Cannabis Sales Remain Slow

New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s monthly cannabis sales data for 11 states. Cannabis sales increased 6.8% sequentially in March after plunging in January and...
- May 8th, 2024 at 2:35 pm