After surging to end the year, Illinois adult-use cannabis sales have slowed in 2023, falling 11.1% sequentially in January and then 5.8% in February. Sales of $120.5 million were...
MariMed Reports Fourth Quarter and Full Year 2022 Financial Results NORWOOD, Mass., March 01, 2023 (GLOBE NEWSWIRE) — MariMed Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a...
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...
MariMed Closes $35 Million Credit Facility to Accelerate its Strategic Growth Plans NORWOOD, Mass., Jan. 24, 2023 (GLOBE NEWSWIRE) — MariMed, Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX:...
Illinois adult-use cannabis sales of $143.9 million in December, with one more day than November, increased 10.3% sequentially and increased 4.4% from a year ago: 2021 adult-use sales of $1.38 billion...
Illinois adult-use cannabis sales of $130.5 million in November, with one less day than October, decreased 0.8% sequentially and increased 8.1% from a year ago: 2021 adult-use sales of $1.38 billion...
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...
MariMed Reports Third Quarter 2022 Earnings NORWOOD, Mass., Nov. 07, 2022 (GLOBE NEWSWIRE) — MariMed, Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on...
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...
Exclusive Interview with MariMed Co-Founder and President Jon Levine MariMed (CSE: MRMD) (OTCQX: MRMD) CEO Bob Fireman last checked in with New Cannabis Ventures in April 2021. Since then,...
As we described in an earlier article, the Global Cannabis Stock Index fell an astounding 25.9% during September, which was its worse month in more than three years. This followed a...
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...
MariMed Reports Second Quarter 2022 Earnings NORWOOD, Mass., Aug. 08, 2022 (GLOBE NEWSWIRE) —MariMed, Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused...
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%...
As we described in an earlier article, the Global Cannabis Stock Index had its first monthly gain in 17 months. The index rallied 4.3% off of the lowest close ever at...
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...
MariMed Reports First Quarter 2022 Earnings Revenue Grew 27% Year Over Year Non-GAAP Adjusted EBITDA Grew 29% Year Over Year Company Maintains Full Year 2022 Guidance NORWOOD, Mass., May...
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...
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...
MariMed Doubles Full Year Revenue and Adjusted EBITDA As It Reports Fourth Quarter and Full Year 2021 Earnings MariMed Exceeds Guidance with Full Year Revenue of $121.5 Million and...
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...