Tag: VRNO

Get Ready For More Problems in Florida

Each week, Florida’s Office of Medical Marijuana Use (OMMU), which is part of the state’s Department of Health, releases data on the state’s medical cannabis program, including an active...
- March 7th, 2025 at 3:15 pm

One Cannabis Sub-Sector Rallied

As we described in an article released earlier, the Global Cannabis Stock Index moved lower again in February falling 6.9%. It was down 15.2% in 2024, and it is down 13.7% so...
- February 28th, 2025 at 5:21 pm

Cannabis Stocks Extend the Big Decline

Cannabis stocks, as measured by the Global Cannabis Stock Index, were quite volatile in 2024. The index dropped 7.5% in December to push the yearly close down 15.2% for the...
- February 28th, 2025 at 4:20 pm

MSO Results Have Been Okay

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 27th, 2025 at 3:29 pm

Verano Q4 Falls Slightly Below Expectations

Verano Announces Fourth Quarter and Full Year 2024 Financial Results Fourth Quarter 2024 Financial Highlights Revenues, net of Discounts, of $218 million, a decrease of 8% year-over-year, and an...
- February 27th, 2025 at 6:41 am

Illinois Cannabis Sales Drop in January

Illinois released sales figures for adult-use cannabis in January today, a bit later than normal. They were down 8.5% sequentially to $140.2 million. The year-over-year growth was 4.8%, better than the decline...
- February 25th, 2025 at 5:06 pm

Big Cannabis Companies Are Set to Report Q4 Financials

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 November, when we reviewed the Q3...
- February 23rd, 2025 at 6:30 am

Illinois Cannabis Sales Exceeded $2 billion in 2024

Illinois released sales figures for adult-use cannabis in December today, a bit later than normal. They were up 2.7% sequentially to $153.2 million. On a per-day basis, sales fell slightly. The year-over-year...
- February 5th, 2025 at 1:34 pm

The Florida Cannabis Market Is Struggling

Each week, Florida’s Office of Medical Marijuana Use (OMMU), which is part of the state’s Department of Health, releases data on the state’s medical cannabis program, including an active...
- January 20th, 2025 at 7:45 am

Illinois Cannabis Sales Increased Strongly in November

Illinois released sales figures for adult-use cannabis in November today. They were up 4.9% sequentially to $149.3 million. On a per-day basis, sales rose 8.4%. The year-over-year growth was +7.3%, better than...
- December 19th, 2024 at 11:43 am

Florida Cannabis Market Remains Under Pressure

Each week, Florida’s Office of Medical Marijuana Use (OMMU), which is part of the state’s Department of Health, releases data on the state’s medical cannabis program, including an active...
- December 13th, 2024 at 3:13 pm

Illinois Cannabis Sales Increase Slightly in October

Illinois released sales figures for adult-use cannabis in October today, a bit later than normal. They were up 4.2% sequentially to $142.3 million. On a per-day basis, sales rose 0.9%. The year-over-year...
- December 3rd, 2024 at 5:11 pm

Cannabis Stocks Extend Losses in November

Cannabis stocks, as measured by the Global Cannabis Stock Index,  have been quite volatile this year. The index gained in September, prompting a Q3 gain, but it fell in October....
- November 29th, 2024 at 2:31 pm

The Florida Medical Cannabis Market Is Melting

Each week, Florida’s Office of Medical Marijuana Use (OMMU), which is part of the state’s Department of Health, releases data on the state’s medical cannabis program, including an active...
- November 12th, 2024 at 3:30 pm

Cratering Cannabis Stock Prices

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...
- November 7th, 2024 at 9:04 am

Verano Q3 Declines Sharply

Verano Announces Third Quarter 2024 Financial Results CHICAGO, Nov. 07, 2024 (GLOBE NEWSWIRE) — Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state...
- November 7th, 2024 at 6:20 am

Cannabis Earnings Season Is About to Begin

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-August, when we reviewed the...
- October 30th, 2024 at 7:12 am

Illinois Cannabis Sales Slump In September

Illinois released sales figures for adult-use cannabis in September today. They were down 7.4% sequentially to $136.5 million. On a per-day basis, sales fell 4.3%. The year-over-year growth was -2.2%, the first...
- October 16th, 2024 at 5:02 pm

Florida Medical Cannabis Market Faces a Big Risk

Each week, Florida’s Office of Medical Marijuana Use (OMMU), which is part of the state’s Department of Health, releases data on the state’s medical cannabis program, including an active...
- October 5th, 2024 at 8:55 am

Illinois Cannabis Sales Growth Remains Slow

Illinois released sales figures for adult-use cannabis in July and August today. They were up 1.1% sequentially in July to $143.3 million, and they rose in August by 2.8% to $147.4 million....
- September 19th, 2024 at 6:15 pm

Florida Medical Patient Growth Slows Again

Each week, Florida’s Office of Medical Marijuana Use (OMMU), which is part of the state’s Department of Health, releases data on the state’s medical cannabis program, including an active...
- September 7th, 2024 at 6:39 pm

Cannabis Call Options

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 9th, 2024 at 9:29 am

Verano Q2 Revenue Falls 5%

Verano Announces Second Quarter 2024 Financial Results CHICAGO, Aug. 07, 2024 (GLOBE NEWSWIRE) — Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state...
- August 7th, 2024 at 6:29 am