Tag: Curaleaf

Illinois Cannabis Sales Increased Strongly in November

Illinois released sales figures for adult-use cannabis in November today. They were up 4.9% sequentially to $149.3 million. On a per-day basis, sales rose 8.4%. The year-over-year growth was +7.3%, better than...
- December 19th, 2024 at 11:43 am

Florida Cannabis Market Remains Under Pressure

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...
- December 13th, 2024 at 3:13 pm

The New York Cannabis Market Continues to Soar

The New York Office of Cannabis Management held a Control Board Meeting today that was broadcast online. Two months ago, we provided an update regarding the state’s strong growth...
- December 10th, 2024 at 1:00 pm

Illinois Cannabis Sales Increase Slightly in October

Illinois released sales figures for adult-use cannabis in October today, a bit later than normal. They were up 4.2% sequentially to $142.3 million. On a per-day basis, sales rose 0.9%. The year-over-year...
- December 3rd, 2024 at 5:11 pm

The Florida Medical Cannabis Market Is Melting

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...
- November 12th, 2024 at 3:30 pm

Cratering Cannabis Stock Prices

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...
- November 7th, 2024 at 9:04 am

Big MSO Curaleaf Q3 Revenue Declines

Third quarter 2024 revenue of $331 million, representing a decrease of 1% year-over-year, and adjusted gross margin(1) of 49% Third quarter International revenue increased 82% year-over-year Year to date...
- November 6th, 2024 at 4:30 pm

Cannabis Earnings Season Is About to Begin

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  mid-August, when we reviewed the...
- October 30th, 2024 at 7:12 am

Illinois Cannabis Sales Slump In September

Illinois released sales figures for adult-use cannabis in September today. They were down 7.4% sequentially to $136.5 million. On a per-day basis, sales fell 4.3%. The year-over-year growth was -2.2%, the first...
- October 16th, 2024 at 5:02 pm

New York Cannabis Sales Continue to Surge

The New York Office of Cannabis Management held a Control Board Meeting today that was broadcast online. Earlier this month, it published an annual report for FY2024, which ended...
- October 10th, 2024 at 3:52 pm

Florida Medical Cannabis Market Faces a Big Risk

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...
- October 5th, 2024 at 8:55 am

Illinois Cannabis Sales Growth Remains Slow

Illinois released sales figures for adult-use cannabis in July and August today. They were up 1.1% sequentially in July to $143.3 million, and they rose in August by 2.8% to $147.4 million....
- September 19th, 2024 at 6:15 pm

Florida Medical Patient Growth Slows Again

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...
- September 7th, 2024 at 6:39 pm

Ancillary Cannabis Stocks Perform Best Again

As we described in a previous article, the Global Cannabis Stock Index moved lower in August, falling 7.5%. It is now up 4.1% in 2024. In this article, we summarize the performance...
- August 30th, 2024 at 5:31 pm

August Hurts the Global Cannabis Stock Index

Cannabis stocks, as measured by the Global Cannabis Stock Index,  passed the anniversary a year go when they exploded higher in late August on news that the Department of Health...
- August 30th, 2024 at 4:17 pm

Cannabis Stocks Are Rallying

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...
- August 15th, 2024 at 8:41 am

Cannabis Call Options

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...
- August 9th, 2024 at 9:29 am

Curaleaf Q2 Revenue Grows 2%

Curaleaf Reports Second Quarter 2024 Results Second quarter 2024 revenue of $342 million, representing an increase of 2% year-over-year and adjusted gross margin(1) of 48% Second quarter International revenue...
- August 7th, 2024 at 4:14 pm

Cannabis Q2 Earnings Season Approaches

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  mid-May, when we reviewed the...
- July 23rd, 2024 at 9:02 am

Slow Cannabis Sales Growth in Illinois in June

Illinois adult-use cannabis sales in June were down 3.1% sequentially to a  $141.8 million, which was about the same on a per-day basis from the longer May. The gain was 3.9%...
- July 5th, 2024 at 10:49 am

Illinois Cannabis Sales Remain Stalled in May

Illinois released its cannabis sales data much later than it normally does again. Illinois adult-use cannabis sales in May were up 1.2% sequentially to a  $146.2 million, which was down slightly on...
- June 27th, 2024 at 2:27 pm

A Big Round Trip

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...
- June 14th, 2024 at 5:25 am