4Front Ventures Reports Third Quarter 2022 Financial Results Generates $37.3 million in Q3 2022 Systemwide Pro Forma Revenue, representing a 9% increase from Q2 2022 and 13% from Q3 2021 Q3...
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,...
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...
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%...
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...
4Front Ventures Reports Second Quarter 2022 Financial Results Q2 2022 Systemwide Pro Forma Revenue of $34.5 million, an increase of 6% from Q1 2022 Q2 2022 Adjusted EBITDA of $9.2 million,...
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%...
Illinois adult-use cannabis sales of $126.8 million decreased 2.3% sequentially in June. Compared to a year ago, growth decreased from 11.5% in May to 9.7%: 2021 adult-use sales of $1.38 billion...
Q1 2022 Systemwide Pro Forma Revenue of $32.4 million, an increase of 7% from Q1 2021 Q1 2022 Adjusted EBITDA of $9.0 million, an increase of 53% from Q1...
After rebounding in February from very weak January levels, Illinois adult-use cannabis sales advanced in March. Sales of $131 million rose 15% from February, stronger than the longer month alone would suggest. Compared...
After breaking a string of eleven consecutive monthly declines in February, the American Cannabis Operator Index fell 4.2% in March to 38.99: The index, which fell 23.4% in Q4, has declined...
4Front Ventures Announces Fourth Quarter and Full Year 2021 Financial Results and Provides Business Update 2021 Systemwide Pro Forma Revenue1 increased 50% year-over-year to $132.7 million 2021 GAAP revenue increased 81%...
After a sharp drop in January, when adult-use sales fell 15% sequentially as they rose 32% from the prior year, Illinois adult-use cannabis sales stabilized in February. Sales of $114 million fell...
The American Cannabis Operator Index, which had begun 2022 with its 11th consecutive decline in January, advanced 5.4% in February to 40.71: The index, which fell 23.4% in Q4, has...
Illinois adult-use cannabis sales fell sharply from record levels in December in January, declining 15% to $117.3 million while increasing 32% from a year ago: 2021, adult-use sales of $1.38...
The American Cannabis Operator Index began 2022 with its 11th consecutive decline, falling 7.4% to 38.62: January’s performance follows a Q4 decline of 23.4%. After gaining 45.7% in 2020, when it...
4Front Ventures Corp. Further Strengthens Massachusetts Footprint, Closes Accretive Acquisition of New England Cannabis Corporation Significantly expands strategic position and broadens market penetration in important limited-license state of Massachusetts...
4Front Ventures Reports Third Quarter 2021 Financial Results and Provides Business Update Systemwide Pro Forma Revenue1 of $33.1 million compared to $22.3 million in Q3 2020, increased 48% year over year, and decreased 4%...
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...
4Front Ventures Announces Accretive Acquisition of Massachusetts Based New England Cannabis Corporation Expected to add significant accretion to 2022 EBITDA and beyond More than doubles 4Front’s total flower canopy...
The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. This data-driven, fact-based tracker will continually update based on new financial...
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...
4Front Ventures Reports Second Quarter 2021 Financial Results and Provides Business Update Systemwide Pro Forma Revenue1 of $34.4 million compared to $31.4 million in Q1 2021, an increase of 85% year over year and...
Innovative Industrial Properties Acquires Illinois Property and Expands Real Estate Partnership with 4Front Ventures Corp. IIP Expands Portfolio to 73 Properties Comprising 6.8 Million Square Feet in 18 States...
