Cannabis Company News

Cannabis Financial Reports Showed Challenges Again

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 late February, when we previewed the...
- March 26th, 2025 at 8:15 am

Canadian Cannabis Sales Sank in January

Statistics Canada released January retail sales for the country, with cannabis sales decreasing from the December levels, down 14.9% to C$418.3 million.  December, originally reported at C$499.4 million, was revised lower...
- March 21st, 2025 at 10:50 am

Another Warning to Cannabis Investors

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...
- March 20th, 2025 at 6:08 am

PharmaCann Fails to Pay Rent Again

Large cannabis REIT Innovative Industrial Properties (NYSE: IIPR) reported this morning that its largest tenant, PharmaCann, failed to pay rent again. Recall that it had issued a press release...
- March 17th, 2025 at 8:04 am

Cannabis Investors Should Consider Having a Drink

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...
- March 13th, 2025 at 5:47 am

Ascend Beats Expectations in Q4

AWH ANNOUNCES FOURTH QUARTER AND FULL YEAR 2024 FINANCIAL RESULTS Full Year 2024 Net Revenue Increased 8% Year-over-Year to $562 million Full Year 2024 Adjusted EBITDA¹ Increased 9% Year-over-Year...
- March 12th, 2025 at 4:14 pm

Cresco Labs Q4 Revenue and Profitability Slip

Cresco Labs’ Disciplined Strategy Drives Record Cash Flow in 2024 Financial Results Record full year operating cash flow of $132 million, an increase of 126% from the prior year...
- March 12th, 2025 at 7:20 am

Incredible Cannabis Stock Crunch

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...
- March 6th, 2025 at 7:32 am

Curaleaf Q4 Revenue Shrinks

Curaleaf Reports Fourth Quarter and Full Year 2024 Results Fourth quarter 2024 total revenue of $331 million Fourth quarter 2024 International revenue of $31 million Fourth quarter adjusted gross...
- March 3rd, 2025 at 4:14 pm

Glass House Extends Debt

Glass House Brands Announces New $50 Million Senior Secured Loan – Maturing on January 31st, 2030, the new senior debt facility replaces our previous senior secured loan that was...
- March 3rd, 2025 at 7:40 am

Another C$41.5 Million Invested in Organigram

Organigram Closes Third Tranche of Previously Announced BAT Private Placement Investment March 03, 2025 TORONTO–(BUSINESS WIRE)– Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the “ Company ” or “...
- March 3rd, 2025 at 6:26 am

One Cannabis Sub-Sector Rallied

As we described in an article released earlier, the Global Cannabis Stock Index moved lower again in February falling 6.9%. It was down 15.2% in 2024, and it is down 13.7% so...
- February 28th, 2025 at 5:21 pm

Cannabis Stocks Extend the Big Decline

Cannabis stocks, as measured by the Global Cannabis Stock Index, were quite volatile in 2024. The index dropped 7.5% in December to push the yearly close down 15.2% for the...
- February 28th, 2025 at 4:20 pm

MSO Results Have Been Okay

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 27th, 2025 at 3:29 pm

Verano Q4 Falls Slightly Below Expectations

Verano Announces Fourth Quarter and Full Year 2024 Financial Results Fourth Quarter 2024 Financial Highlights Revenues, net of Discounts, of $218 million, a decrease of 8% year-over-year, and an...
- February 27th, 2025 at 6:41 am

Trulieve Q4 Revenue Lifts as Adjusted EBITDA Soars

Trulieve Reports Fourth Quarter and Full Year 2024 Results Highlighting Margins and Cash Flow Fourth quarter revenue of $301 million, up 5% year over year, exceeding guidance Gross margin...
- February 27th, 2025 at 6:23 am

GTI Revenue and Adjusted EBITDA Were Better Than Expected

CHICAGO and VANCOUVER, British Columbia, Feb. 26, 2025 (GLOBE NEWSWIRE) — Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer...
- February 26th, 2025 at 4:15 pm

Big Cannabis Companies Are Set to Report Q4 Financials

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 November, when we reviewed the Q3...
- February 23rd, 2025 at 6:30 am

Canadian Cannabis Sales Soared in December

Statistics Canada released December retail sales for the country, with cannabis sales increasing from the November levels, up 10.0% to a record C$499.7 million.  This was an increase on a per-day...
- February 21st, 2025 at 8:41 am

Cannabis Investor Patience Is Being Tested

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 20th, 2025 at 8:55 am

Too Much Love for This MSO

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 13th, 2025 at 8:53 am

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

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