Cannabis Company News

Cannabis REIT Reports Large Default

Innovative Industrial Properties Reports Default by PharmaCann on All Leases SAN DIEGO–(BUSINESS WIRE), December 20, 2024–Innovative Industrial Properties, Inc. (IIP), through indirect, wholly owned subsidiaries serving as landlords, previously...
- December 20th, 2024 at 8:00 am

Cansortium Completes RIV Capital Acquisition

FLUENT Completes Acquisition of RIV Capital, Adding New York Retail, Wholesale and Cultivation Operations to its Multi-State Footprint Accelerates FLUENT’s entry into one of the largest and fastest growing...
- December 19th, 2024 at 12:06 pm

Potential Cannabis Buyouts

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...
- December 19th, 2024 at 7:48 am

Vireo Growth to Acquire 4 Cannabis Companies

Vireo Growth Inc. Announces $75 Million Financing and Acquisitions of Four Single State Operators $75 million equity financing at $0.625 per Vireo share will result in combined new entity...
- December 18th, 2024 at 6:57 am

Organigram Increases Revenue and Adjusted EBITDA in Q4

Organigram Reports Fourth Quarter and Fiscal 2024 Results Fiscal 2024 net revenue of $159.8 million 17.6% year-over-year growth in Organigram’s recreational shipped sales in Fiscal 2024 Q4 Fiscal 2024...
- December 18th, 2024 at 6:26 am

Cannabis Stock Risks

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...
- December 12th, 2024 at 9:01 am

Organigram Buys Canadian LP Motif for C$90 Million

Organigram Acquires Motif, Becoming Canada’s Largest Cannabis Company by Market Share December 06, 2024 Transformational Acquisition Results in Cannabis Pure Play Leader, Coast-to-Coast Geographic Strength and Proven Excellence in...
- December 6th, 2024 at 9:35 am

MSOS Could Bounce

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...
- December 5th, 2024 at 7:39 am

Ancillary Cannabis Stocks Hold Prices the Best

As we described in an article released earlier, the Global Cannabis Stock Index moved lower in November, falling 9.5%. It is now down 8.3% in 2024. In this article, we summarize the...
- November 29th, 2024 at 3:12 pm

Cannabis Stocks Extend Losses in November

Cannabis stocks, as measured by the Global Cannabis Stock Index,  have been quite volatile this year. The index gained in September, prompting a Q3 gain, but it fell in October....
- November 29th, 2024 at 2:31 pm

Cannabis Investors Should Be Thankful

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...
- November 27th, 2024 at 3:53 pm

A Silly Cannabis Stock Move

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...
- November 21st, 2024 at 9:21 am

Agrify Raises $25.9 Million at Big Discount

Agrify Announces $25.9 Million Non-Brokered Private Placement TROY, Mich., Nov. 21, 2024 (GLOBE NEWSWIRE) — Agrify Corporation (Nasdaq: AGFY) (“Agrify” or the “Company”), a leading provider of branded innovative...
- November 21st, 2024 at 7:29 am

Cannabis Stocks Hold the All-Time Lows

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...
- November 14th, 2024 at 8:09 am

AYR Wellness Q3 Revenue Falls Sequentially

AYR Wellness Reports Third Quarter 2024 Results MIAMI, Nov. 13, 2024 (GLOBE NEWSWIRE) — AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated...
- November 13th, 2024 at 7:20 am

The Florida Medical Cannabis Market Is Melting

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...
- November 12th, 2024 at 3:30 pm

Ascend Wellness Q3 Revenue Was Flat

AWH Announces Q3 2024 Financial Results Achieved $141.6 million Net Revenue in Q3 2024 Reported $25.1 million in Adjusted EBITDA Anticipates $30 million of Annual Savings Through Transformation Initiatives...
- November 12th, 2024 at 7:20 am

Cresco Labs Q3 Revenue Falls as Profitability Rises

Cresco Labs Demonstrates Success of Cash Flow Focused Strategy with Third Quarter 2024 Financial Results Record quarterly operating cash flow of $49 million and year to date operating cashflow...
- November 8th, 2024 at 7:55 am

Canopy Growth Q2 Revenue Sinks as Losses Increase

Canopy Growth Reports Second Quarter Fiscal Year 2025 Financial Results Storz & Bickel net revenue increased 32% year-over-year in Q2 FY2025 Continued growth across medical cannabis businesses, with net...
- November 8th, 2024 at 7:17 am

Cannabis MSO GTI Beat Revenue Estimates in Q3

CHICAGO and VANCOUVER, British Columbia, Nov. 07, 2024 (GLOBE NEWSWIRE) — Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer...
- November 7th, 2024 at 4:16 pm

Cratering Cannabis Stock Prices

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...
- November 7th, 2024 at 9:04 am

Verano Q3 Declines Sharply

Verano Announces Third Quarter 2024 Financial Results CHICAGO, Nov. 07, 2024 (GLOBE NEWSWIRE) — Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state...
- November 7th, 2024 at 6:20 am

Big MSO Curaleaf Q3 Revenue Declines

Third quarter 2024 revenue of $331 million, representing a decrease of 1% year-over-year, and adjusted gross margin(1) of 49% Third quarter International revenue increased 82% year-over-year Year to date...
- November 6th, 2024 at 4:30 pm