Cannabis Company News

Cannabis Earnings Season for Q1 Approaches

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 Q4, and the reports...
- April 17th, 2023 at 8:02 am

Some Surprising Bargains in Canadian 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...
- April 16th, 2023 at 6:20 pm

Canopy Growth Extends C$100 Million of Debt

Canopy Growth Announces Refinancing of C$100 million of Notes due 2023 SMITHS FALLS, ON, April 14, 2023 /PRNewswire/ – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC) announced...
- April 14th, 2023 at 9:06 am

Organigram Q2 Revenue Slips 9% Sequentially

Organigram Reports Second Quarter Fiscal 2023 Results Continues trend of improving Adjusted Gross Margin and fifth consecutive quarter of positive Adjusted EBITDA FINANCIAL HIGHLIGHTS Net revenue of $39.5 million,...
- April 11th, 2023 at 8:27 pm

Tilray Q3 Cannabis Revenue Falls 5% Sequentially

Tilray Brands Reports Third Quarter Fiscal Year 2023 Financial Results and Announces Accretive Acquisition of 100% of HEXO Corp. Delivered $145.6 Million in Net Revenue and 16th Consecutive Quarter of...
- April 10th, 2023 at 4:47 pm

Tilray to Acquire Balance of HEXO Corp

HEXO Corp. Announces Acquisition by Tilray Brands GATINEAU, Québec, April 10, 2023–(BUSINESS WIRE)–HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (“HEXO” or the “Company”) announces that it has entered into a...
- April 10th, 2023 at 4:21 pm

Curaleaf Closes $20 Million Utah Acquisition

Curaleaf Completes Acquisition of Deseret Wellness Transaction Bolsters Curaleaf’s Presence in Utah as State’s Largest Retail Operator NEW YORK, April 10, 2023 /PRNewswire/ — Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) (“Curaleaf” or the “Company”), a...
- April 10th, 2023 at 8:22 am

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

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

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

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

Cannabis Earnings Season Has Been Challenging

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...
- March 23rd, 2023 at 8:18 am

Finding Opportunity in Crashed Cannabis SPACs

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 19th, 2023 at 6:22 pm

High Tide Q1 Revenue Increases 9% Sequentially

High Tide Reports Second Consecutive Quarter of Record Revenue and Adjusted EBITDA; $118 Million and $5.5 Million, Respectively The Company Also Reports Year-Over-Year Increase in Free Cash Flow¹ From...
- March 17th, 2023 at 4:27 pm