Cresco Labs Announces Third Quarter 2022 Results Company reports $210 million in revenue and continues industry leadership with branded product performance Company took actions to improve long-term profitability and...
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...
Cresco Labs & Columbia Care Announce Planned Divestiture in Three Markets to Sean “Diddy” Combs, Creating the First Minority-Owned, Vertically Integrated Multi-State Cannabis Operator Combs’ Proposed Acquisition Will Create...
Illinois adult-use cannabis sales of $131.5 million in October increased 0.7% sequentially and 6.6% from a year ago: 2021 adult-use sales of $1.38 billion increased 106% over 2020 in Illinois,...
The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. October was a light month for reporting. Tracker Rules This...
Provides Update on Impact of Hurricane Ian CHICAGO, October 17, 2022–(BUSINESS WIRE)–Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or “the Company”), a vertically integrated multistate operator and the No. 1 U.S. wholesaler...
Michigan cannabis sales rose 2% in September compared to August and increased 31.4% from a year ago to a record $212 million: The Michigan Marijuana Regulatory Agency breaks out...
Illinois adult-use cannabis sales of $130.7 million increased 1.0% sequentially in September despite one less day. Compared to a year ago, growth was a bit higher than the 6.2% rate in...
The multi-market leading vape & concentrate brand arrives in its ninth market CHICAGO-September 20, 2022-(BUSINESS WIRE)–Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“the Company”), a vertically integrated multistate operator and the No....
Michigan cannabis sales slipped 1% compared to July and increased 26% year-over-year to $207.9 million in August: The Michigan Marijuana Regulatory Agency breaks out sales by medical and adult-use, with...
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...
Cresco Labs Closes Sale-and-Leaseback with Aventine Property Group for Brookville, PA Facility CHICAGO — (Business Wire) — Cresco Labs (CSE: CL) (OTCQX: CRLBF) (“Cresco” or “the Company”), a vertically integrated multistate...
Illinois adult-use cannabis sales of $129.4 million decreased 4.6% sequentially in August. Compared to a year ago, growth was the same as the 6.2% rate in July: 2021 adult-use sales of...
As we described in an earlier article, the Global Cannabis Stock Index fell very slightly in August after a larger gain in July. The index pulled back 1.3% after rallying 4.3%...
The Global Cannabis Stock Index posted a gain for the first time in 17 months, rising 4.3% in July. In August, it retreated slightly, falling 1.3% to 15.20. After a 26% decline...
Cresco Labs Announces Three New Sunnyside Dispensaries in Florida CHICAGO, August 30, 2022–(BUSINESS WIRE)–Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or “the Company”), a vertically integrated multistate operator and the No. 1...
The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. August was an extremely heavy month for reporting. Tracker Rules...
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...
Cresco Labs Announces Second Quarter 2022 Results Company reports 4% year-over-year revenue growth and 11% year-over-year adjusted EBITDA growth; continues industry leadership with branded product performance and retail productivity...
Columbia Care Reports Second Quarter 2022 Results Quarterly Revenue of $129.6 Million, an Increase of 5% QoQ and 18% YoY Gross Profit of $50.8 Million, an Increase of 17%...
Michigan cannabis sales gained 12% compared to June with one extra day and increased 23% year-over-year to a record $209.9 million in July: The Michigan Marijuana Regulatory Agency breaks out...
Illinois Begins Issuing New Adult-Use Dispensary Licenses; Recipients Include Social Equity Groups Incubated by Cresco Labs’ SEED™ Initiative CHICAGO–August 08, 2022–(BUSINESS WIRE)–Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or “the Company”), a...
Illinois adult-use cannabis sales of $135.7 million increased 7.0% sequentially in July, which is an increase as well on a per-day basis. Compared to a year ago, growth decreased from 9.7%...
The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. July was a light month for reporting. Tracker Rules This...
The Global Cannabis Stock Index posted a gain for the first time in 17 months, rising 4.3% in July. It closed up from 14.76, the lowest close ever, on 6/30...