Canadian Cannabis News

Cronos Group Q1 Revenue Falls 12% Sequentially

Cronos Group Reports 2023 First Quarter Results Industry-leading balance sheet with $836 million in cash and short-term investments Targeting positive cash flow in 2024 Net revenue in Canada increased...
- May 9th, 2023 at 8:12 am

Cannabis Sectors Slide Again in April

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...
- May 1st, 2023 at 8:46 am

SAFE Banking Won’t Do It

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...
- April 30th, 2023 at 6:31 pm

Which State Will Be Next to Legalize Cannabis?

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...
- April 23rd, 2023 at 6:35 pm

Canadian Cannabis Sales Slow in February

Statistics Canada released February retail sales for the country, with cannabis sales falling from the January levels, down 7.5% to C$365.7 million.  January was revised slightly to C$395.4 million. The sales,...
- April 21st, 2023 at 8:52 am

Cannabis Earnings Season for Q1 Approaches

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 Q4, and the reports...
- April 17th, 2023 at 8:02 am

Some Surprising Bargains in Canadian 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...
- April 16th, 2023 at 6:20 pm

Canopy Growth Extends C$100 Million of Debt

Canopy Growth Announces Refinancing of C$100 million of Notes due 2023 SMITHS FALLS, ON, April 14, 2023 /PRNewswire/ – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC) announced...
- April 14th, 2023 at 9:06 am

Organigram Q2 Revenue Slips 9% Sequentially

Organigram Reports Second Quarter Fiscal 2023 Results Continues trend of improving Adjusted Gross Margin and fifth consecutive quarter of positive Adjusted EBITDA FINANCIAL HIGHLIGHTS Net revenue of $39.5 million,...
- April 11th, 2023 at 8:27 pm

Tilray Q3 Cannabis Revenue Falls 5% Sequentially

Tilray Brands Reports Third Quarter Fiscal Year 2023 Financial Results and Announces Accretive Acquisition of 100% of HEXO Corp. Delivered $145.6 Million in Net Revenue and 16th Consecutive Quarter of...
- April 10th, 2023 at 4:47 pm

Tilray to Acquire Balance of HEXO Corp

HEXO Corp. Announces Acquisition by Tilray Brands GATINEAU, Québec, April 10, 2023–(BUSINESS WIRE)–HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (“HEXO” or the “Company”) announces that it has entered into a...
- April 10th, 2023 at 4:21 pm

Cannabis Resurrection

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...
- April 9th, 2023 at 7:01 pm

These 3 Cannabis Sectors Sank in March

As we described in a previous article, the Global Cannabis Stock Index fell in February after rising to begin the year. In March, the index plunged 15.2%, leaving it down 12.5%...
- April 2nd, 2023 at 8:27 pm

Cheap But Getting Cheaper

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...
- April 2nd, 2023 at 6:21 pm

The Global Cannabis Stock Index Tumbles in March

After a big rally in January to begin the year followed by a moderate loss in February, the Global Cannabis Stock Index plunged 15.2% in March to 8.50: After falling 23.7% in...
- March 31st, 2023 at 4:23 pm

Auxly Q4 Revenue Bounces

Auxly Reports Fourth Quarter And Full Year 2022 Financial Results And Provides Outlook For 2023 TORONTO, March 31, 2023 /PRNewswire/ – Auxly Cannabis Group Inc. (TSX: XLY) (OTCQB: CBWTF)...
- March 31st, 2023 at 8:03 am

Greentank Technologies Raises $16.5 Million

  Greentank Technologies Closes $16.5M USD Series B Investment to accelerate the company’s R&D and manufacturing capabilities as a leading technology provider for the global vape industry TORONTO, March 31,...
- March 31st, 2023 at 8:00 am

Nova Cannabis Q4 Revenue Increases 4% Sequentially

Nova Announces Fourth Quarter and Year End 2022 Results Fourth quarter sales growth of 4.2% and increased gross margin percentage to 20.8% from 18.9% compared to the third quarter...
- March 29th, 2023 at 7:09 am

Fire & Flower Revenue Falls 30% Sequentially in Short Q4

Fire & Flower Continues Improved Retail Performance in Fourth Quarter and Fiscal 2022 Results Results include the 9-week quarter and the 48-week fiscal year ended December 31, 2022 for the Company’s...
- March 28th, 2023 at 7:36 am

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...
- March 26th, 2023 at 6:20 pm

Canadian Cannabis Sales Slide 7% Sequentially

Statistics Canada released January retail sales for the country, with cannabis sales falling from the inflated December levels, down 7.1% to C395.5 million.  December was unrevised at C$425.9 million. The sales...
- March 24th, 2023 at 8:56 am

Cannabis Earnings Season Has Been Challenging

The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. December and January were a slow period for reporting, and...
- March 23rd, 2023 at 8:18 am