As we described in a previous article, the Global Cannabis Stock Index sank in May, falling 14.6%. It is now up 44.4% in 2024. In this article, we summarize the performance of...
Cannabis stocks, as measured by the Global Cannabis Stock Index, exploded higher in late August on news that the Department of Health and Human Services had recommended to the DEA...
You’re reading 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 help our readers...
Cansortium and RIV Capital Announce Business Combination Combined Company’s footprint will provide access to Florida, New York, Texas, and Pennsylvania, with significant growth potential and future regulatory catalysts in...
Canopy Growth Reports Fourth Quarter and Fiscal Year 2024 Financial Results; Q4 FY2024 Net Revenue increased 7% year-over-year, or 16% excluding divested businesses Storz & Bickel® delivered its best...
Each week, Florida’s Office of Medical Marijuana Use (OMMU), which is part of the state’s Department of Health, releases data on the state’s medical cannabis program, including an active...
Statistics Canada released March retail sales for the country, with cannabis sales increasing from the February levels, up 7.1% to C$414.1 million. On a per-day basis, sales sales rose 0.2%. February...
You’re reading 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 help our readers...
The Drug Enforcement Administration published its proposed rescheduling of cannabis today. There is a comment period that ends on July 22nd. The biggest outcome of cannabis being rescheduled from...
The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. This update is our first since late April, when we...
You’re reading 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 help our readers...
Cresco Labs Reports Continued Trend of Financial Improvement with First Quarter 2024 Financial Results Over 10x year-over-year increase in operating cash flow CHICAGO–(BUSINESS WIRE)– Cresco Labs Inc. (CSE: CL)...
AYR Wellness Reports First Quarter 2024 Results Q1 Revenue up 3% Q/Q to $118.0 Million, Excluding Discontinued Operations Q1 GAAP Loss from Operations Improved to $2.0 Million, Excluding Discontinued...
Michigan cannabis sales for April fell sequentially after rising in February and then March. At $278.6 million, sales fell 3.6% sequentially from the previous record level. The sequential growth on a...
You’re reading 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 help our readers...
First quarter 2024 revenue of $339 million, representing an increase of 2% year-over-year and adjusted gross margin(1) of 48% First quarter 2024 adjusted EBITDA(1) of $77 million, representing...
The Cannabist Company Reports First Quarter 2024 Results NEW YORK–(BUSINESS WIRE), May 9, 2024–The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or...
Trulieve Reports First Quarter 2024 Results Demonstrating Core Business Strength and Cash Generation First quarter performance of $298 million in revenue, up 4% sequentially, and 58% gross margin Strong...
Green Thumb Industries Reports First Quarter 2024 Results CHICAGO and VANCOUVER, British Columbia, May 08, 2024 (GLOBE NEWSWIRE) — Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE:...
New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s monthly cannabis sales data for 11 states. Cannabis sales increased 6.8% sequentially in March after plunging in January and...
