January Cannabis Sales Slip

New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s monthly cannabis sales data for 11 states. Cannabis sales decreased 7.0% sequentially in January after increasing 5.3% in...
- March 6th, 2023 at 7:31 am

Illinois Adult-Use Cannabis Sales Slow to Begin 2023

After surging to end the year, Illinois adult-use cannabis sales have slowed in 2023, falling 11.1% sequentially in January and then 5.8% in February. Sales of $120.5 million were...
- March 2nd, 2023 at 3:11 pm

MariMed Q4 Revenue Lifts 6% Sequentially

MariMed Reports Fourth Quarter and Full Year 2022 Financial Results NORWOOD, Mass., March 01, 2023 (GLOBE NEWSWIRE) — MariMed Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a...
- March 1st, 2023 at 5:29 pm

Mixed Action for Cannabis Sectors in February

As we described in a previous article, the Global Cannabis Stock Index fell in February after rising to begin the year. The index declined 6.3% after a 10.1% gain in the...
- March 1st, 2023 at 8:58 am

GTI Q4 Revenue Slips 1% Sequentially to $259 Million

Green Thumb Industries Reports Fourth Quarter and Full Year 2022 Results CHICAGO and VANCOUVER, British Columbia, Feb. 28, 2023 (GLOBE NEWSWIRE) — Green Thumb Industries Inc. (“Green Thumb,” or...
- February 28th, 2023 at 4:26 pm

Cronos Group Q4 Revenue Rises 10% Sequentially

Cronos Group Reports 2022 Fourth Quarter and Full-Year Results Consolidated net revenue increased 23% in Full Year 2022 compared to Full Year 2021; on a constant currency basis consolidated...
- February 28th, 2023 at 8:17 am

TILT Holdings to Distribute New Cannabis Cartridge

TILT Holdings Enters into Licensing Agreement to Bring Thredz™, A New Stackable 510 Cartridge, to Market Through Subsidiary Jupiter Research PHOENIX, Feb. 28, 2023 (GLOBE NEWSWIRE) — TILT Holdings Inc. (“TILT”...
- February 28th, 2023 at 8:03 am

Cannabis Earnings Season Is Set to Begin

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...
- February 27th, 2023 at 7:40 am

Greenlane Improves Balance Sheet

Greenlane to Receive More Than $4.8M in Employee Retention Credit And Jointly Reduces More Than $6.4M of Existing Debt BOCA RATON, FL / ACCESSWIRE / February 21, 2023 /...
- February 21st, 2023 at 5:14 pm

The New Greenlane CEO Aims to Post Profits and Build Brands

Exclusive Interview with Greenlane Holdings CEO Craig Snyder Greenlane Holdings (NASDAQ: GNLN) is an ancillary cannabis company that owns and operates a portfolio of brands across papers, glass, vaporizers...
- February 21st, 2023 at 2:04 pm

Canopy Growth Sells $100 Million Convertible Notes

Canopy Growth Announces Us$150 Million Registered Direct Offering SMITHS FALLS, ON, Feb. 21, 2023 /PRNewswire/ – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC) announced today that it...
- February 21st, 2023 at 7:23 am

Canadian Cannabis Sales Surged in December

Statistics Canada released December retail sales for the country, with cannabis sales increasing from November sharply to a record C$425.9 million, up 13.8%.  November was revised from C$373.3 million to C$374.3 million....
- February 21st, 2023 at 6:36 am

What We Need to Get Rallying

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...
- February 19th, 2023 at 6:20 pm

TILT Holdings Completes Sale-Leaseback and Reduces Debt

TILT Holdings Completes the Refinancing of its Legacy Debt, Successfully Reduces Outstanding Debt by 47% Year Over Year The Company also announces completion of its US $15 million sale-leaseback...
- February 16th, 2023 at 8:27 am

Michigan Cannabis Sales Soften in January

Michigan cannabis sales sank 6.5% in January compared to December and increased 35.9% from a year ago to a record $207.3 million. This was a bit faster than the 32.0%...
- February 14th, 2023 at 11:20 am