Tag: CGC

Canopy Growth Q4 Revenue Slips Sequentially

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...
- May 30th, 2024 at 7:25 am

Canadian Cannabis Sales Lift

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...
- May 24th, 2024 at 8:43 am

Unexciting Earnings Season

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...
- May 18th, 2024 at 11:20 am

Investors Should Not Dive Into Canadian Cannabis

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...
- May 10th, 2024 at 8:17 am

Canopy Growth Dilutes Its Stock After Big Rally

Canopy Growth Announces Financing to Further Strengthen Balance Sheet Including Approximately US$50 Million of New Gross Proceeds C$27.5 Millon of Debt Extended from 2025 to 2029 Providing Additional Balance...
- May 3rd, 2024 at 7:44 am

One Cannabis Sub-Sector Fell in April

As we described in a previous article, the Global Cannabis Stock Index exploded higher in April, rallying 14.6%. It is now up 44.4% in 2024. In this article, we summarize the performance...
- April 30th, 2024 at 4:44 pm

Canadian Cannabis Sales Drop Again

Statistics Canada released February retail sales for the country, with cannabis sales decreasing from the January levels, down 6.4% to C$376.2 million. On a per-day basis, sales sales rose 0.4%. January...
- April 24th, 2024 at 8:42 am

Canada Is Down Not Out

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...
- April 19th, 2024 at 7:56 am

Cannabis Stock Bull Market?

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...
- March 29th, 2024 at 4:50 pm

MSOs Trail Again

As we described in a previous article, the Global Cannabis Stock Index soared again in March, rallying 19.5%. It is now up 26.0% in 2024. In this article, we summarize the performance...
- March 29th, 2024 at 11:18 am

Global Cannabis Stock Index Soars In March

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...
- March 28th, 2024 at 4:23 pm

Be Careful In Canada

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...
- March 22nd, 2024 at 9:25 am

Canadian Cannabis Sales Slump

Statistics Canada released January retail sales for the country, with cannabis sales decreasing from the December levels, down 11.5% to C$400.7 million. December was revised higher to C$451.8 million. The sales...
- March 22nd, 2024 at 8:44 am

Ancillary Cannabis Stocks Stand Out in February

As we described in a previous article, the Global Cannabis Stock Index extended the bounce from November after the huge October loss, rallying 8.1% in December. That index was down 20.1% in 2023,...
- March 1st, 2024 at 5:18 am

Global Cannabis Stock Index Slips in February

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...
- February 29th, 2024 at 4:27 pm

Cannabis Sales Remain Soft in Canada

Statistics Canada released December retail sales for the country, with cannabis sales increasing from the weak November levels, up 8.2% to C$441.2 million. October was revised lower to C$407.9 million. The sales,...
- February 22nd, 2024 at 8:49 am

Canopy Growth May Go Away

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...
- February 9th, 2024 at 4:02 pm

Canopy Growth Burns Cash Again in Q3

Canopy Growth Reports Third Quarter Fiscal Year 2024 Financial Results; Achieves Third Quarter of Sequential Revenue Growth across Canada Cannabis Businesses and a Record Quarter for Medical Sales Canada...
- February 9th, 2024 at 7:33 am

Soaring MSOs Lead Cannabis Stocks Higher in January

As we described in a previous article, the Global Cannabis Stock Index extended the bounce from November after the huge October loss, rallying 8.1% in December. That index was down 20.1% in 2023,...
- February 1st, 2024 at 5:58 am

Where the Cannabis Value Is

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...
- January 19th, 2024 at 4:02 pm

Canadian Cannabis Sales Plunged in November

Statistics Canada released November retail sales for the country, with cannabis sales decreasing from the strong October levels, down 6.2% to C$412.1 million. October was revised lower to C$439.3 million. The sales,...
- January 19th, 2024 at 8:44 am

Canopy Growth Raises $35 Million Selling Units

Canopy Growth Announces Upsized US$35 Million Private Placement SMITHS FALLS, ON, Jan. 18, 2024 /PRNewswire/ – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (Nasdaq: CGC), today...
- January 18th, 2024 at 7:42 am

Research Pays Off Finally

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...
- January 12th, 2024 at 4:05 pm