Cannabis Company News

TerrAscend Raises $20.5 Million

TerrAscend Closes on Second Tranche of Private Placements for Total Aggregate Proceeds of US$20.5 Million TORONTO, June 28, 2023 (GLOBE NEWSWIRE) — TerrAscend Corp. (“TerrAscend” or the “Company”) (CSE:...
- June 28th, 2023 at 10:18 am

Still 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...
- June 18th, 2023 at 6:25 pm

High Tide Q2 Revenue Flat to Q1 at C$118.1 Million

High Tide Reports Third Consecutive Quarter of Record Revenue and Adjusted EBITDA of $118.1 Million and $6.6 Million, Respectively The Company Achieved Significant Sequential Improvement in Cost Reduction in...
- June 14th, 2023 at 4:30 pm

Aurora Q3 Cannabis Sales Slip 3% to C$53.3 Million

Aurora Cannabis Announces Fiscal 2023 Third Quarter and Files Full Year Results Achieves Second Sequential Quarter of Positive Adjusted EBITDA1 Net Revenue Reaches $64 Million, Increasing 4% Sequentially and...
- June 14th, 2023 at 7:37 am

A Couple of More Buy Ideas

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...
- June 11th, 2023 at 6:20 pm

This Beaten Up Cannabis ETF Is Not Attractive

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...
- June 4th, 2023 at 6:20 pm

Cannabis Stocks Slide Again in May

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...
- June 1st, 2023 at 7:43 am

Why Cannabis Stocks Continue Getting Clobbered

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...
- May 28th, 2023 at 6:20 pm

Tilray Brands Prices $150 Million Convertible Notes

Tilray Brands, Inc. Announces Pricing of Registered Offering of $150 Million of Unsecured Convertible Senior Notes Refinances a meaningful portion of our debt due in June 2024, extending maturity...
- May 26th, 2023 at 5:55 am

Cresco Labs Q3 Revenue Drops 3% Sequentially

Cresco Labs Reports First Quarter 2023 Results Company remains the #1 seller of branded cannabis products CHICAGO-May 24, 2023-(BUSINESS WIRE)–Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (“Cresco...
- May 24th, 2023 at 7:58 am

Acreage Q1 Revenue Slips

Acreage Reports First Quarter 2023 Financial Results Achieved Ninth Consecutive Quarter of Positive Adjusted EBITDA Received Shareholder Approval for Strategic Arrangement with Canopy and Canopy USA Gained Access to...
- May 23rd, 2023 at 7:16 am

The Q1 Earnings Season Was Not Especially Helpful

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 Q1, and the reports...
- May 22nd, 2023 at 7:58 am

A Look at Some Beaten Up 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...
- May 21st, 2023 at 6:41 pm

Curaleaf Q1 Revenue Falls 2% Sequentially

Curaleaf Reports First Quarter 2023 Results First quarter 2023 revenue of $336.5 million, representing an increase of 14% year-over-year, and adjusted EBITDA(1) of $73.2 million Operating cash flow from continuing operations of $30.6 million and cash on balance...
- May 17th, 2023 at 5:01 pm

Ayr Wellness Q1 Revenue Increases 4% Sequentially

AYR Wellness Reports First Quarter 2023 Results Excluding Discontinued Operations, Revenue up 18% Y/Y to $117.7 Million, up 3% sequentially Excluding Discontinued Operations, Adjusted EBITDA1 up 64% Y/Y to $26.3...
- May 16th, 2023 at 7:33 am

TILT Holdings Q1 Revenue Falls 5% From Q4

TILT Holdings Reports First Quarter 2023 Results PHOENIX, May 15, 2023 (GLOBE NEWSWIRE) — TILT Holdings Inc. (“TILT” or the “Company”) (NEO: TILT) (OTCQX: TLLTF), a global provider of...
- May 15th, 2023 at 7:05 pm

Planet 13 Q1 Was Flat to Q4

Planet 13 Announces Q1 2023 Financial Results Q1 2023 Revenue of $24.9 million, compared to $24.8 million in Q4 2022 Q1 2023 Net loss of $6.3 million Q1 2023...
- May 15th, 2023 at 5:13 pm

Glass House Q1 Revenue Pulls Back 10% From Q4

Glass House Brands Reports First Quarter 2023 Financial Results Achieved Positive Free Cash Flow1 Narrowed Adjusted EBITDA2 loss to $0.1 million versus $2.6 million loss in Q4 Revenue of $29.0M, up 108% from Q1 2022...
- May 15th, 2023 at 4:43 pm

Fire and Flower Q1 Revenue Lifts 41% Over Short Q4

  Fire & Flower Announces First Quarter Fiscal 2023 Financial and Operational Results Fourth consecutive quarter of year-over-year same store sales and retail gross profit growth on the continued...
- May 15th, 2023 at 7:37 am

Columbia Care Q1 Revenue Drops 1% Sequentially

Columbia Care Reports First Quarter 2023 Results Quarterly Revenue of $125 Million, an Increase of 1% YoY Quarterly Gross Profit of Over $47 Million, an Increase of 13% QoQ...
- May 15th, 2023 at 7:34 am

Jushi Holdings Q1 Revenue Drops 9% Sequentially

Jushi Holdings Inc. Reports First Quarter 2023 Financial Results Total Revenue of $69.9 Million, an increase of 12.9% YoY Net Loss of $12.4 Million, an improvement of 37.0% YoY...
- May 12th, 2023 at 7:40 am