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

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

TerrAscend Q4 Revenue Increases 4% Sequentially

TerrAscend Reports Record Fourth Quarter and Full Year 2022 Net Revenue Fourth quarter 2022 record Net Revenue of $69.0 million, an increase of 50.3% year-over-year and 4.2% quarter-over-quarter Fourth...
- March 16th, 2023 at 5:15 pm

Michigan Cannabis Sales Jump 40% to $216 Million

Michigan cannabis sales climbed 4.4% in February from January, reaching $216.4 million. On a per-day basis, sales increased 15.6%. The growth of 39.8% from a year ago was the highest...
- March 16th, 2023 at 2:22 pm

Cresco Labs Q4 Revenue Falls 5% Sequentially

Cresco Labs Announces Fourth Quarter & Full Year 2022 Results Annual revenues grew 3% year-over-year and maintained leadership in branded product sales Company laser-focused on profitable core to further...
- March 16th, 2023 at 8:00 am

GrowGeneration Q4 Revenue Declines 23% Sequentially

GrowGeneration Reports Fourth Quarter and Full Year 2022 Financial Results; Provides First Quarter and Full Year 2023 Guidance Full Year Net Revenue of $278.2 million, at the High End...
- March 15th, 2023 at 4:37 pm

Ascend Wellness Q4 Revenue Increases 1% Sequentially

AWH Announces Fourth Quarter and Full Year 2022 Financial Results Record Q4 and Full Year Revenue and Adjusted EBITDA Q4 2022 Net Revenue Increased 26.7% Year-over-Year to $112.1 Million Full Year...
- March 14th, 2023 at 4:31 pm

Down but Not Out

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 12th, 2023 at 6:21 pm

Hydrofarm Revenue Falls 17% Sequentially to $61.5 Million

Hydrofarm Holdings Group Announces Fourth Quarter and Full Year 2022 Results SHOEMAKERSVILLE, Pa., March 09, 2023 (GLOBE NEWSWIRE) — Hydrofarm Holdings Group, Inc. (“Hydrofarm” or the “Company”) (Nasdaq: HYFM),...
- March 9th, 2023 at 4:47 pm