Tag: Cronos Group

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

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

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

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

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

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

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

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

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

Cronos Group Reports Weaker Q2

Cronos Group Reports 2023 Second Quarter Results Industry-leading balance sheet with $841 million in cash and short-term investments Increased 2023 operating expense savings target to $20 to $25 million...
- August 8th, 2023 at 7:45 am

The Global Cannabis Stock Index Jumps in July

Cannabis stocks began the year with a bounce that ended quickly with an all-time low set in June for the Global Cannabis Stock Index , but July was strong. The index...
- July 31st, 2023 at 4:36 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

BC Helps Drive Canadian Cannabis Sales Higher in April

Statistics Canada released April retail sales for the country, with cannabis sales rising from the March levels, up 1.3% to C$411.7 million. March was revised slightly higher to C$406.4 million. The...
- June 21st, 2023 at 8:51 am

Still a Smarter Way

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...
- June 18th, 2023 at 6:25 pm

Canadian Cannabis Sales Move Higher in March

Statistics Canada released March retail sales for the country, with cannabis sales rising from the February levels, up 11.3% to C$405.5 million. February was revised slightly lower to C$364.3...
- May 19th, 2023 at 8:51 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

Cronos Group Q1 Revenue Falls 12% Sequentially

Cronos Group Reports 2023 First Quarter Results Industry-leading balance sheet with $836 million in cash and short-term investments Targeting positive cash flow in 2024 Net revenue in Canada increased...
- May 9th, 2023 at 8:12 am

Canadian Cannabis Sales Slow in February

Statistics Canada released February retail sales for the country, with cannabis sales falling from the January levels, down 7.5% to C$365.7 million.  January was revised slightly to C$395.4 million. The sales,...
- April 21st, 2023 at 8:52 am