American Cannabis News

Michigan Cannabis Sales Begin 2025 Badly

Michigan cannabis sales for January rose slightly from a year ago and fell sequentially by 6.9%. At $247.3 million, sales were up 1.9% from a year earlier: The Michigan Cannabis Regulatory...
- February 12th, 2025 at 5:12 pm

iAnthus Arizona Asset Sale Yields $36.5 Million

iAnthus Strengthens Portfolio with $36.5M Sale of Select Arizona Assets to Sonoran Roots Transaction Supports iAnthus’ Focus on Key Growth Markets While Maintaining Presence in Arizona NEW YORK and...
- February 7th, 2025 at 8:34 am

This Was Not the Catalyst

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...
- February 6th, 2025 at 8:16 am

Cannabis Sales Begin 2025 Shrinking Sequentially

New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s monthly cannabis sales data for 15 states. Cannabis sales decreased 1.3% sequentially in January. In this review, we...
- February 5th, 2025 at 2:46 pm

Illinois Cannabis Sales Exceeded $2 billion in 2024

Illinois released sales figures for adult-use cannabis in December today, a bit later than normal. They were up 2.7% sequentially to $153.2 million. On a per-day basis, sales fell slightly. The year-over-year...
- February 5th, 2025 at 1:34 pm

The Cannabis Sub-Sectors Were Mixed in January

As we described in an article released earlier, the Global Cannabis Stock Index moved lower again in January, falling 7.3%. It was down 15.2% in 2024. In this article, we summarize the...
- January 31st, 2025 at 5:13 pm

Cannabis Stocks Begin 2025 Badly

Cannabis stocks, as measured by the Global Cannabis Stock Index, were quite volatile last year. The index dropped 7.5% in December, and it is off to a bad start in...
- January 31st, 2025 at 4:15 pm

The Main Reason Canadian Cannabis Stocks Are Falling

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 30th, 2025 at 7:59 am

Cannabis REIT Reports Default Resolution

Innovative Industrial Properties Reports Resolution to Default by PharmaCann SAN DIEGO–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange...
- January 30th, 2025 at 7:06 am

Major Cannabis ETF Change

We wrote about the death of a cannabis ETF, Amplify U.S. Alternative Harvest ETF, in our weekly newsletter on January 9th. Amplify didn’t share exactly how the shutdown of...
- January 28th, 2025 at 8:54 am

Missing a Catalyst

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 23rd, 2025 at 9:06 am

The Florida Cannabis Market Is Struggling

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...
- January 20th, 2025 at 7:45 am

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

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

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