The Illinois Medical Cannabis Patient Program has just released the medical cannabis sales, four days after the release of the adult-use figures by the Illinois Department of Financial and...
After rebounding in February from very weak January levels, Illinois adult-use cannabis sales advanced in March. Sales of $131 million rose 15% from February, stronger than the longer month alone would suggest. Compared...
After breaking a string of eleven consecutive monthly declines in February, the American Cannabis Operator Index fell 4.2% in March to 38.99: The index, which fell 23.4% in Q4, has declined...
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...
MariMed Doubles Full Year Revenue and Adjusted EBITDA As It Reports Fourth Quarter and Full Year 2021 Earnings MariMed Exceeds Guidance with Full Year Revenue of $121.5 Million and...
After a sharp drop in January, when adult-use sales fell 15% sequentially as they rose 32% from the prior year, Illinois adult-use cannabis sales stabilized in February. Sales of $114 million fell...
The American Cannabis Operator Index, which had begun 2022 with its 11th consecutive decline in January, advanced 5.4% in February to 40.71: The index, which fell 23.4% in Q4, has...
Illinois adult-use cannabis sales fell sharply from record levels in December in January, declining 15% to $117.3 million while increasing 32% from a year ago: 2021, adult-use sales of $1.38...
MariMed Announces Agreement to Acquire Kind Therapeutics USA, LLC, A Maryland Licensed Vertically Integrated Cannabis Business NORWOOD, Mass., Jan. 5, 2022 — MariMed Inc. (OTCQX: MRMD) (“MariMed” or the...
The American Cannabis Operator Index ended 2021 with its 10th consecutive decline, falling 6.8% to 44.75: The Q4 decline of 23.4% followed a 22.8% loss in Q3. After gaining 45.7% in...
MariMed Reports Third Quarter 2021 Earnings Revenue of $33.2 million, a 147% Increase Year Over Year Adjusted EBITDA of $12.9 million, a 213% Increase Year Over Year NORWOOD, Mass.,...
The American Cannabis Operator Index fell for the sixth straight month after having scored five straight monthly gains, declining 10.7% to 56.00: After gaining 45.7% in 2020, when it ended at...
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...
MariMed Reports Strong Second Quarter 2021 Earnings Revenue Increased to $32.6 million, a 239% Increase Year Over Year EBITDA Increased to $12.3 million, a 440% Increase Year Over Year...
The American Cannabis Operator Index fell for the third straight month after having scored five straight monthly gains, declining 2.3% to 77.86: After gaining 45.7% in 2020, when it ended at...
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...
MariMed Q1 2021 Results Reflect Highest Core Cannabis Revenue and Profitability Core Cannabis Revenue Increased 230% to $24.6m, EBITDA Increased 764% to $7.6m Q1 2021 vs. Q1 2020 Significantly...
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...
Exclusive Interview with MariMed President and CEO Bob Fireman “Bigger doesn’t mean better,” according to MariMed (OTCQX: MRMD) President and CEO Bob Fireman. Cannabis MSO MariMed doesn’t have the...
The American Cannabis Operator Index ended a five-month winning streak in March, declining 11.4% to 83.05: After gaining 45.7% in 2020, when it ended at 63.05, the index is up 31.7%...
MariMed Reports Record Fourth Quarter and Full Year 2020 Financial Results and Provides Full Year 2021 Guidance Achieves Record Results Driven by Continued Consolidation of Cannabis Operations Core Cannabis...
MariMed Secures New Funding from Long-Term Capital Partner Capital Infusion to Strengthen Balance Sheet and Provide Funding for Strategic Acquisitions $46 Million Dollar Financing Facility to Accelerate Company Growth...
The American Cannabis Operator Index moved higher for the fourth consecutive month in January, advancing 23.3% to 77.74: It gained 45.7% in 2020, when it ended at 63.05, and has rebounded...
The American Cannabis Operator Index moved higher for the third consecutive month in December, advancing 10.0% to 63.05: After ending 2019 at 43.27, the index gained 45.7% in 2020 and has...
The American Cannabis Operator Index exploded higher in November, jumping 40.0% to 57.93: After ending 2019 at 43.27, the index has now advanced 32.5% in 2020 and has rebounded 255.4% from an...