Amendment will reduce Company debt by $35 million and annual interest expense by $5 million Combined with recently announced debt retirement of $125 million, Company debt will be reduced by a cumulative $160 million and...
CALGARY, AB, Dec. 20, 2022 /CNW/ – SNDL Inc. (Nasdaq: SNDL) (“SNDL” or the “Company”) and Nova Cannabis Inc. (TSX: NOVC) (“Nova”) are pleased to announce that they have...
Statistics Canada released October retail sales for the country, with cannabis sales decreasing from September marginally to C$389.2 million. The growth per-day slowed, as October has one more day than September. September...
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...
This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated May 2, 2022 to its short form base shelf prospectus dated May...
Fire & Flower Announces Third Quarter Fiscal 2022 Financial and Operational Results Third Quarter Fiscal 2022 and Recent Highlights: Consolidated revenue for the third quarter of fiscal 2022 of $43.8...
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...
Canopy USA Converts CAD$125.5 Million in TerrAscend Debt to Exchangeable Shares at CAD$5.10 per Share Transaction increases Canopy USA’s conditional ownership in TerrAscend from 12.0% to 18.2% with the ability to...
Aurora Cannabis Repurchases ~$103 Million Principal Amount of Convertible Notes; Balance Sheet Among Strongest in Industry Balance Sheet Remains in Net Cash Position, Further Strengthened with Accretive Debt Reduction...
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...
As we described in a previous article, the Global Cannabis Stock Index added to its 17.1% rally in October during November, increasing 3.7%. The index is still down 58.4% in 2022....
After breaking a long negative streak in July of 17 straight months down with a rally of 4.3%, the Global Cannabis Stock Index fell 1.3% in August. In September, it posted...
Organigram Reports Record Fourth Quarter and Full Year Fiscal 2022 Results Continues trend of record quarterly net revenue and positive Adjusted EBITDA while growing share of adult recreational market...
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 Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. November was an extremely busy month for reporting. Tracker Rules...
Statistics Canada released September retail sales for the country, with cannabis sales increasing from August marginally to C$389.9 million. August was revised from C$393.7 million to C$389.9 million. The sales 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...
Auxly Reports Q3 2022 Financial Results TORONTO, Nov. 14, 2022 /PRNewswire/ – Auxly Cannabis Group Inc. (TSX: XLY) (OTCQX: CBWTF) (“Auxly” or the “Company”) today released its financial results...
SNDL Reports Third Quarter 2022 Financial and Operational Results with Record Net Revenue and Cash Flow from Operations CALGARY, AB, Nov. 14, 2022 /PRNewswire/ – SNDL Inc. (NASDAQ: SNDL)...
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...
Aurora Cannabis Announces Fiscal 2023 First Quarter Results Reiterates Reaching Adjusted EBITDA Profitability by December 31, 2022 Reaffirms $150 to $170 Million in Annualized Cost Savings Achieved by December 31, 2022; $140 Million Realized to Date Strengthens...
Canopy Growth Corporation Reports Second Quarter Fiscal Year 2023 Financial Results SMITHS FALLS, ON, Nov. 9, 2022 /PRNewswire/ – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC) today...
Village Farms International Reports Third Quarter 2022 Financial Results Village Farms’ Canadian Cannabis Business Becomes #3 Producer in Canada Across All Product Categories for Third Quarter and #1 in October1 Canadian...
iAnthus Reports Third Quarter 2022 Financial Results NEW YORK and TORONTO, Nov. 8, 2022 /PRNewswire/ – iAnthus Capital Holdings, Inc. (“iAnthus” or the “Company”) (CSE: IAN) (OTCPK: ITHUF), which owns, operates, and partners with regulated cannabis operations across the United States, today reported its financial results for the three and nine months ended September 30, 2022. The Company’s Quarterly...
Nova Announces Third Quarter 2022 Results Third quarter sales growth of 52%, gross margin growth of 71%, and positive operating profit EDMONTON, AB, Nov. 7, 2022 /CNW/ – Nova Cannabis Inc....
