Canadian Cannabis News

Organigram Q3 Revenue Declines 17% Sequentially

Organigram Reports Third Quarter Fiscal 2023 Results Year-to-date Canadian recreational business grew 10% versus prior year driven by continued focus on consumer-centric products and brands Strategic investments in Phylos...
- July 14th, 2023 at 5:20 am

Cannabis Investors Shouldn’t Fear This Situation

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...
- July 9th, 2023 at 6:19 pm

So Bad It Is Good

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...
- July 2nd, 2023 at 6:20 pm

Headwinds Aren’t Yet Lifting

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...
- June 25th, 2023 at 6:20 pm

BC Helps Drive Canadian Cannabis Sales Higher in April

Statistics Canada released April retail sales for the country, with cannabis sales rising from the March levels, up 1.3% to C$411.7 million. March was revised slightly higher to C$406.4 million. The...
- June 21st, 2023 at 8:51 am

Still a Smarter Way

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...
- June 18th, 2023 at 6:25 pm

High Tide Q2 Revenue Flat to Q1 at C$118.1 Million

High Tide Reports Third Consecutive Quarter of Record Revenue and Adjusted EBITDA of $118.1 Million and $6.6 Million, Respectively The Company Achieved Significant Sequential Improvement in Cost Reduction in...
- June 14th, 2023 at 4:30 pm

Aurora Q3 Cannabis Sales Slip 3% to C$53.3 Million

Aurora Cannabis Announces Fiscal 2023 Third Quarter and Files Full Year Results Achieves Second Sequential Quarter of Positive Adjusted EBITDA1 Net Revenue Reaches $64 Million, Increasing 4% Sequentially and...
- June 14th, 2023 at 7:37 am

This Beaten Up Cannabis ETF Is Not Attractive

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...
- June 4th, 2023 at 6:20 pm

Cannabis Stocks Slide Again in May

As we described in a previous article, the Global Cannabis Stock Index fell sharply in March, plunging 15.2%, leaving it down 12.5% in the first quarter of the year. This followed...
- June 1st, 2023 at 7:43 am

Why Cannabis Stocks Continue Getting Clobbered

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...
- May 28th, 2023 at 6:20 pm

Tilray Brands Prices $150 Million Convertible Notes

Tilray Brands, Inc. Announces Pricing of Registered Offering of $150 Million of Unsecured Convertible Senior Notes Refinances a meaningful portion of our debt due in June 2024, extending maturity...
- May 26th, 2023 at 5:55 am

The Q1 Earnings Season Was Not Especially Helpful

The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. Most of the companies have reported Q1, and the reports...
- May 22nd, 2023 at 7:58 am

A Look at Some Beaten Up Cannabis Stocks

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...
- May 21st, 2023 at 6:41 pm

Canadian Cannabis Sales Move Higher in March

Statistics Canada released March retail sales for the country, with cannabis sales rising from the February levels, up 11.3% to C$405.5 million. February was revised slightly lower to C$364.3...
- May 19th, 2023 at 8:51 am

Fire and Flower Q1 Revenue Lifts 41% Over Short Q4

  Fire & Flower Announces First Quarter Fiscal 2023 Financial and Operational Results Fourth consecutive quarter of year-over-year same store sales and retail gross profit growth on the continued...
- May 15th, 2023 at 7:37 am

3 Bear Market Bargains

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...
- May 14th, 2023 at 6:19 pm

Nova Cannabis Q1 Revenue Falls 2% Sequentially

Nova Announces First Quarter 2023 Results First quarter revenue growth of 20.8%; gross margin improvement to 21.4%; and Adjusted EBITDA growth of 127% to $3.2 million EDMONTON, AB, May...
- May 11th, 2023 at 6:47 am

Village Farms Q1 Cannabis Sales Fall 10% Sequentially

Village Farms International Reports Financial Results for First Quarter 2023 Canadian Cannabis Business Maintains Number Two Market Share Position Nationally, Including Number Two Position in Quebec Canadian Cannabis Retail...
- May 10th, 2023 at 7:45 am