Tag: ascend wellness

Michigan Cannabis Sales Stall Again

Michigan cannabis sales for September were down for the second consecutive month, stalling near their all-time high set in July at $276.7 million. At $274.7 million, sales fell 0.6%...
- October 10th, 2023 at 6:33 pm

Illinois Reports Flat September Cannabis Sales

Illinois adult-use cannabis sales in September were up slightly sequentially to $139.5 million, an increase of 0.2% from August. The gain was 6.8% from a year ago: After increasing...
- October 4th, 2023 at 3:55 pm

Michigan Cannabis Sales Stall in August

Michigan cannabis sales were unchanged in August from July, down just slightly from the record of $276.7 million to $276.3 million. The growth of 32.9% from a year ago was...
- September 13th, 2023 at 5:13 pm

Illinois Cannabis Sales Stall in August

Illinois adult-use cannabis sales in August were down a bit sequentially to $139.2 million, a decline of 0.6% from July. The gain was 7.6% from a year ago: After increasing 106%...
- September 5th, 2023 at 2:33 pm

How Low Does It Go?

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...
- August 13th, 2023 at 6:08 pm

Ascend Wellness Q2 Revenue Increases to Record $123 Million

AWH ANNOUNCES Q2 2023 FINANCIAL RESULTS Reported Record Quarterly Revenue Achieved $123.0M Net Revenue in Q2 2023, a 26.1% Increase Year-Over-Year and 7.7% Increase Quarter-Over-Quarter Generates Positive Cash from...
- August 8th, 2023 at 4:51 pm

Illinois Cannabis Sales Advance in June

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...
- July 6th, 2023 at 11:17 am

Michigan May Cannabis Sales Stall

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...
- June 9th, 2023 at 10:48 am

Illinois Cannabis Sales Stall in May

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...
- June 5th, 2023 at 1:45 pm

The Q1 Earnings Season Was Not Especially Helpful

The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. Most of the companies have reported Q1, and the reports...
- May 22nd, 2023 at 7:58 am

3 Bear Market Bargains

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...
- May 14th, 2023 at 6:19 pm

Michigan Cannabis Sales Slip in April

Michigan cannabis sales climbed 15.4% in  March from the shorter February, but they fell 1.5% in April to $246.1 million.  On a per-day basis, sales increased 1.8% after gaining 4.2%...
- May 11th, 2023 at 11:58 am

Illinois Cannabis Sales Retreat in April

After a big bounce in March from the shorter month of February that left sales up 2.9% from a year ago, Illinois adult-use sales rose just 0.2% in the...
- May 10th, 2023 at 4:53 pm

Ascend Wellness Q1 Revenue Rises 2% Sequentially

AWH Announces Q1 2023 Financial Results Reported Record Quarterly Revenue Since Company Inception Achieved $114.2M Net Revenue in Q1 2023, a 34.2% Increase Year-Over-Year and 1.9% Increase Quarter-Over-Quarter Generates...
- May 9th, 2023 at 4:36 pm

Cannabis Earnings Season for Q1 Approaches

The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. Most of the companies have reported Q4, and the reports...
- April 17th, 2023 at 8:02 am

Michigan Cannabis Sales March

Michigan cannabis sales climbed 15.4% in  March from the shorter February, reaching $249.7 million, a record. On a per-day basis, sales increased 4.2%. The growth of 62.9% from a year...
- April 12th, 2023 at 1:15 pm

Illinois Cannabis Sales Lift Slightly During March

After surging to end the year and then falling in January and February, Illinois adult-use cannabis sales rose 11.9% sequentially in March to $134.8 million, which was up 1.0%...
- April 5th, 2023 at 2:21 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

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

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

Illinois Adult-Use Cannabis Sales Slow to Begin 2023

After surging to end the year, Illinois adult-use cannabis sales have slowed in 2023, falling 11.1% sequentially in January and then 5.8% in February. Sales of $120.5 million were...
- March 2nd, 2023 at 3:11 pm