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

Greenlane Signs Strategic Packaging Partnership

A&A Global Imports d/b/a MarijuanaPackaging.com (“MJ Pack”) Announces Strategic Packaging Partnership with Greenlane Holdings Inc. (“Greenlane”) to Expand Product Line LOS ANGELES, April 6, 2023 /PRNewswire/ — MJ Pack...
- April 6th, 2023 at 4:48 pm

Illinois Cannabis Sales Lift Slightly During March

After surging to end the year and then falling in January and February, Illinois adult-use cannabis sales rose 11.9% sequentially in March to $134.8 million, which was up 1.0%...
- April 5th, 2023 at 2:21 pm

AYR Wellness COO Leaves

Ayr Wellness Announces Leadership Update MIAMI, April 04, 2023 (GLOBE NEWSWIRE) — AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis...
- April 4th, 2023 at 8:27 am

Cannabis Sales Slow in Most States in February

New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s monthly cannabis sales data for 11 states. Cannabis sales decreased 2.1% sequentially in  the short February after decreasing...
- April 4th, 2023 at 7:49 am

Greenlane Q4 Revenue Declines 23% Sequentially

Greenlane Reports Q4 2022 Revenue of $22.0 Million and FY 2022 Revenue of $137.1 Million Company Expects Newly Implemented Strategic Plan to Result in Positive Adjusted EBITDA by Q4...
- April 3rd, 2023 at 5:05 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

Jushi Holdings Q4 Revenue Increases 6% Sequentially

Jushi Holdings Inc. Reports Unaudited, Preliminary Fourth Quarter and Full Year 2022 Financial Results Q4 2022 Revenue Increased 16.6% YoY to $76.8 million and FY 2022 Revenue Increased 35.8%...
- March 31st, 2023 at 7:41 am

The Parent Company Q4 Revenue Increases 2% Sequentially

The Parent Company Reports Preliminary Fourth Quarter and Full Year 2022 Financial Results Reports 2% sequential and 5% annual revenue growth  Cost savings initiatives generated a 10% improvement in...
- March 31st, 2023 at 7:34 am

4Front Ventures Q4 Revenue Declines 3% Sequentially

4Front Ventures Reports Fourth Quarter and Full Year 2022 Financial Results Systemwide Pro Forma Revenue of $139.4 million for FY 2022 and $35.6 million for Q4 2022, representing a...
- March 30th, 2023 at 4:52 pm

Verano Holdings Q4 Revenue Falls 1% Sequentially

Verano Reports Fourth Quarter and Full Year 2022 Financial Results Company Delivers Record Revenue of $879 Million, a 19% Year-Over-Year Increase CHICAGO, March 30, 2023 (GLOBE NEWSWIRE) — Verano...
- March 30th, 2023 at 7:37 am

Schwazze Q4 Revenue Declines 7% Sequentially

SCHWAZZE ANNOUNCES FOURTH QUARTER 2022 & YEAR-END 2022 RESULTS Record 2022 Revenue Increases 47% to $159.4 Million Compared to $108.4 Million in 2021 Company Continues to Grow Positive Cash...
- March 29th, 2023 at 5:28 pm

Curaleaf Holdings to Make $20 Million Utah Acquisition

Curaleaf Announces Acquisition of Deseret Wellness Transaction Strengthens Curaleaf’s Presence in Utah as State’s Largest Retail Operator Upon Close, the Company’s Retail Footprint Will Increase to Four Dispensaries in Utah and 150 Nationwide NEW...
- March 29th, 2023 at 8:21 am

Columbia Care Q4 Revenue Declines 5% Sequentially

Columbia Care Reports Fourth Quarter and Full Year 2022 Results Record Annual Revenue of $511.6 Million, an Increase of 11% YoY Record Annual Gross Profit of $201.2 Million, an...
- March 29th, 2023 at 7:41 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

Planet 13 Q4 Revenue Declines 3% Sequentially

Planet 13 Announces Q4 2022 Financial Results Q4 2022 Revenue of $24.8 million, compared to $25.6 million in Q3 2022 Q4 2022 Net loss of $38.6 million driven by...
- March 23rd, 2023 at 5:12 pm