Tag: smg

Scotts Miracle-Gro Cannabis Unit Q4 Revenue Falls 46%

ScottsMiracle-Gro Reports Fiscal 2024 Fourth Quarter and Full-Year Results U.S. Consumer fiscal 2024 sales up 6 percent in line with guidance; POS units up 9 percent year-over-year Full-year GAAP...
- November 6th, 2024 at 7:30 am

Ancillary Cannabis Stocks Continue to Lead the Sector

As we described in a previous article, the Global Cannabis Stock Index moved higher in September, rising 4.3%. It is now up 8.5% in 2024. In this article, we summarize the performance...
- September 30th, 2024 at 5:10 pm

A Solid Cannabis Transaction

You’re reading 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 help our readers...
- August 2nd, 2024 at 8:18 am

Ancillary Cannabis Stocks Lead in July

As we described in a previous article, the Global Cannabis Stock Index moved higher in July, rising 5.9%. It is now up 12.5% in 2024. In this article, we summarize the performance...
- July 31st, 2024 at 5:22 pm

Hawthorne Gardening Sales Drop 28%

  ScottsMiracle-Gro Reports Fiscal 2024 Third Quarter Results U.S. Consumer third quarter net sales of $1 billion exceed prior year by 11 percent; Consumer engagement shows strength with unit...
- July 31st, 2024 at 7:46 am

Cannabis Q2 Earnings Season Approaches

The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. This update is our first since  mid-May, when we reviewed the...
- July 23rd, 2024 at 9:02 am

Cansortium to Buy Canopy Growth Spin-Off RIV Capital

Cansortium and RIV Capital Announce Business Combination Combined Company’s footprint will provide access to Florida, New York, Texas, and Pennsylvania, with significant growth potential and future regulatory catalysts in...
- May 30th, 2024 at 10:40 am

A New Bull Market?

You’re reading 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 help our readers...
- May 2nd, 2024 at 4:16 pm

Hawthorne Sales Plunge Again

Scotts Miracle-Gro Reports Second Quarter Results Strong first half 2024 execution has Company on pace for full-year targets U.S. Consumer second quarter net sales of $1.38B equal record high...
- May 1st, 2024 at 7:21 am

One Cannabis Sub-Sector Fell in April

As we described in a previous article, the Global Cannabis Stock Index exploded higher in April, rallying 14.6%. It is now up 44.4% in 2024. In this article, we summarize the performance...
- April 30th, 2024 at 4:44 pm

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

Global Cannabis Stock Index Slips in February

Cannabis stocks, as measured by the Global Cannabis Stock Index,  exploded higher in late August on news that the Department of Health and Human Services had recommended to the DEA...
- February 29th, 2024 at 4:27 pm

Canopy Growth May Go Away

You’re reading 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 help our readers...
- February 9th, 2024 at 4:02 pm

Hawthorne Revenue Plunges in Q1

ScottsMiracle-Gro Reports First Quarter Results Early Season Lawn and Garden Performance In-line with Expectations Company Reaffirms Full-year Non-GAAP Adjusted Gross Margin Improvement of 250 bps and Full-year Non-GAAP Adjusted...
- February 7th, 2024 at 7:18 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

Global Cannabis Stock Index Leaps in January

Cannabis stocks, as measured by the Global Cannabis Stock Index,  exploded higher in late August on news that the Department of Health and Human Services had recommended to the DEA...
- January 31st, 2024 at 4:25 pm

Cannabis Companies Report Sluggish Q3

The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. This update is our first since late August, and there...
- November 19th, 2023 at 10:31 am

Hawthorne Gardening Q4 Revenue Slips 3% Sequentially

  ScottsMiracle-Gro Announces Fiscal 2023 Full-Year Results Full-year total Company net sales of $3.55 billion in line with guidance Free cash flow of $438 million improved $681 million year...
- November 1st, 2023 at 8:10 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

Hawthorne Sales Surge 67% Sequentially to $154.5 Million

ScottsMiracle-Gro Announces Third Quarter Financial Results; Introduces Project Springboard to Enhance Shareholder Value Company reduces full-year sales and earnings outlook Company-wide third quarter sales decreased 26% driven by Hawthorne...
- August 2nd, 2023 at 7:20 am

Cannabis Stocks Are Cheap

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 7th, 2023 at 6:02 pm