Tag: CGC

Canopy Growth Sells Stock at US$4.29

Canopy Growth Announces US$30 Million Private Placement SMITHS FALLS, ON, Jan. 9, 2024 /PRNewswire/ – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (Nasdaq: CGC), today announced...
- January 9th, 2024 at 8:25 am

A Reversal of Leadership for Cannabis Stocks

As we described in a previous article, the Global Cannabis Stock Index extended the November bounce after the huge October loss, rallying 8.1% in December. That index was down 20.1% in 2023, which...
- December 30th, 2023 at 10:27 am

Canadian Cannabis Sales Pick Up In October

Statistics Canada released October retail sales for the country, with cannabis sales increasing from the very weak September levels, up 2.4% to C$448.6 million. September was revised lower to C$438.0 million. The...
- December 21st, 2023 at 8:51 am

MSOs Lead Cannabis Stocks Higher in November

As we described in a previous article, the Global Cannabis Stock Index rebounded 8.1% in November after a huge October loss. That index is now down 20.1% year-to-date, which has followed a...
- December 1st, 2023 at 7:24 am

Canadian Cannabis Sales Slip In September

Statistics Canada released September retail sales for the country, with cannabis sales slipping from the very strong August levels, down 4.9% to C$444.0 million. August was revised  higher to C$467.0 million....
- November 24th, 2023 at 8:49 am

Down a Lot But Not Out

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...
- November 19th, 2023 at 8:01 am

MSOs Lead Cannabis Stocks Lower in October

As we described in a previous article, the Global Cannabis Stock Index plunged in October after three consecutive monthly gains. That index is now down 26.1% year-to-date, which has followed a record...
- November 1st, 2023 at 8:43 am

Canadian Cannabis Sales Boom Higher in August

Statistics Canada released August retail sales for the country, with cannabis sales rising from the strong July levels, up 3.9% to C$464.2 million, another new record for a month. July was...
- October 20th, 2023 at 8:46 am

Cannabis Market Shows Mixed Action in September

As we described in a previous article, the Global Cannabis Stock Index rallied for the third consecutive month, creating the first quarterly advance since 2021-Q1. That index is now down  down 5.6%...
- October 1st, 2023 at 8:35 am

Stock Offerings Hit the Cannabis Sector

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...
- September 24th, 2023 at 8:00 am

Canadian Cannabis Sales Pick Up Strongly in July

Statistics Canada released July retail sales for the country, with cannabis sales rising from the strong June levels, up 1.9% to C$446.1 million, another new record for a month. June was...
- September 22nd, 2023 at 8:41 am

Many Cannabis Companies See Stocks Soar in August

As we described in a previous article, the Global Cannabis Stock Index rallied for the second consecutive month on a huge late-month surge. That index is now down  down 6.4% year-to-date, which...
- September 1st, 2023 at 7:56 am

Canadian Cannabis Sales Pick Up Strongly in June

Statistics Canada released June retail sales for the country, with cannabis sales rising from the May levels, up 2.6% to C$426.6 million, a new record for a month. May was revised...
- August 23rd, 2023 at 8:42 am

Cannabis Company Financial Reports Don’t Impress

The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. Most of the companies have just reported for the quarter...
- August 20th, 2023 at 1:23 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

Canopy Growth Q1 Cannabis Revenue Jumps 12% Sequentially

Canopy Growth Reports First Quarter Fiscal Year 2024 Financial Results Net revenue in Q1 FY2024 increased 3% year-over-year to $109 million. Adjusting for divestiture of Canadian cannabis retail operations...
- August 9th, 2023 at 6:03 pm

Get Ready for Cannabis Company Financial Updates

The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. Most of the companies will be reporting Q2 in the...
- July 28th, 2023 at 9:07 am

We Are Not There Yet

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...
- July 23rd, 2023 at 6:25 pm

Canadian Cannabis Sales Pick Up Slightly in May

Statistics Canada released May retail sales for the country, with cannabis sales rising from the April levels, up 1.2% to C$415.6 million. April was revised slightly lower to C$410.6 million. The...
- July 21st, 2023 at 8:43 am

Canopy Growth Has Gone From Hero to Potential Zero

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...
- July 16th, 2023 at 6:20 pm