Cresco Labs Reports Consistent Profitability Improvement with Second Quarter 2024 Financial Results Over 800 basis point year over year improvement in Adjusted EBITDA Margin 1 CHICAGO–(BUSINESS WIRE)– Cresco Labs...
The Cannabist Company Reports Second Quarter 2024 Results NEW YORK–(BUSINESS WIRE)–Aug. 8, 2024– The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”),...
Curaleaf Reports Second Quarter 2024 Results Second quarter 2024 revenue of $342 million, representing an increase of 2% year-over-year and adjusted gross margin(1) of 48% Second quarter International revenue...
Verano Announces Second Quarter 2024 Financial Results CHICAGO, Aug. 07, 2024 (GLOBE NEWSWIRE) — Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state...
AYR Wellness Reports Second Quarter 2024 Results MIAMI, Aug. 07, 2024 (GLOBE NEWSWIRE) — AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated...
Trulieve Reports Second Quarter 2024 Results Exceeding Quarterly Guidance Second quarter performance of $303 million in revenue, up 2% sequentially and 8% year over year, and 60% gross margin...
Green Thumb Industries Reports Second Quarter 2024 Results CHICAGO and VANCOUVER, British Columbia, Aug. 05, 2024 (GLOBE NEWSWIRE) — Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE:...
AWH ANNOUNCES Q2 2024 FINANCIAL RESULTS Achieved $141.5M Net Revenue in Q2 2024, a 15% Increase Year-Over-Year Reported $28.3 million in Adjusted EBITDA, a 33% Increase Year-Over-Year Generated Positive...
TerrAscend Completes $140 Million Debt Financing Non-dilutive financing bears a coupon of 12.75% with a four-year term and no prepayment penalties No material debt maturing until late 2027 TORONTO,...
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...
As we described in a previous article, the Global Cannabis Stock Index moved higher in July, rising 5.9%. It is now up 12.5% in 2024. In this article, we summarize the performance...
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...
ScottsMiracle-Gro Reports Fiscal 2024 Third Quarter Results U.S. Consumer third quarter net sales of $1 billion exceed prior year by 11 percent; Consumer engagement shows strength with unit...
Verano Enters into Agreements with The Cannabist Company to Acquire One of Its Virginia Licenses and Associated Operations and Its Arizona Operations Providing Verano Entrance into the Virginia Market...
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...
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 mid-May, when we reviewed the...
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...
Michigan cannabis sales for June fell sequentially decreased 0.3% from May. At $278.8 million, sales, which were up from May on a per-day basis, were up 6.9% from a year earlier,...
Ascend Wellness Holdings Signs Definitive Agreements to Issue $235 Million of Senior Secured Notes ~ Secures funding with 12.75% coupon and a 5-year term ~ ~ Net Proceeds to...
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...
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...
New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s monthly cannabis sales data for 13 states. We are happy with the improved reporting time made by BDSA,...
Illinois adult-use cannabis sales in June were down 3.1% sequentially to a $141.8 million, which was about the same on a per-day basis from the longer May. The gain was 3.9%...
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...
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...