Canopy Growth Enhances Financial Flexibility and Delivers Company Balance Sheet by $437 million Company Announces Accretive Reduction of Corporate Debt, Preservation of Cash, and an Improved Financial Position Through...
Organigram Reports Third Quarter Fiscal 2023 Results Year-to-date Canadian recreational business grew 10% versus prior year driven by continued focus on consumer-centric products and brands Strategic investments in Phylos...
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...
Illinois adult-use cannabis sales in June were up a bit sequentially to $136.4 million, a gain of 2.7% despite one less day than May. The gain was 7.6% from a year...
New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s monthly cannabis sales data for 11 states. Cannabis sales decreased 0.5% sequentially in May after decreasing 3.6% in...
As we described in a previous article, the Global Cannabis Stock Index fell again in June, the fifth consecutive monthly decline after a rally to begin the year. That index is now...
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...
Cannabis stocks began the year with a bounce that ended quickly, and during June the Global Cannabis Stock Index fell again, dropping 2.2% to 7.50 with a 7.39 intraday all-time low...
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:...
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...
Canopy Growth Reports Fourth Quarter and Fiscal Year 2023 Financial Results Business transformation and cost reduction actions initiated in FY2023 expected to drive overall cost reduction of $240-$310 million...
Statistics Canada released April retail sales for the country, with cannabis sales rising from the March levels, up 1.3% to C$411.7 million. March was revised slightly higher to C$406.4 million. The...
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...
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...
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...
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...
Michigan cannabis sales fell 0.1% in May from the shorter April to $245.9 million. On a per-day basis, sales slipped 3.3%. The growth of 31.9% from a year ago was...
New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s monthly cannabis sales data for 11 states. Cannabis sales decreased 2.5% sequentially in April after increasing 11.7% in March...
Illinois adult-use cannabis sales in May were up a bit sequentially to $100.0 million, but this gain of 0.6% was less than the expansion of the number of days...
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...
