Tag: VRNO

Verano Q1 Revenue Falls

Verano Announces First Quarter 2024 Financial Results Generated $221 Million in Revenue, Exceeding Guidance Increased Gross Profit Margin by Nearly 300 Basis Points Year Over Year CHICAGO, May 08,...
- May 8th, 2024 at 6:16 am

Florida Medical Cannabis Patient Growth Is Slowing

Each week, Florida’s Office of Medical Marijuana Use (OMMU), which is part of the state’s Department of Health, releases data on the program, including an active patient count, a...
- May 3rd, 2024 at 3:12 pm

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

Earnings Season Set 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-March, when we reviewed...
- April 27th, 2024 at 11:21 am

Illinois Cannabis Sales Pick Up But Remain Slow

Illinois adult-use cannabis sales in March were up 9.8% sequentially to a  $148.9 million, which was up by more than the increase in the length of the month. The gain was...
- April 17th, 2024 at 10:48 am

Florida Medical Cannabis 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 program, including an active patient count, a...
- April 14th, 2024 at 7:25 pm

Disappearing Cannabis Cash

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...
- March 15th, 2024 at 7:49 am

A Sign of Trouble for the MSOs

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...
- March 1st, 2024 at 3:57 pm

Verano Q4 Revenue Declines 1% Sequentially

Verano Announces Fourth Quarter and Full Year 2023 Financial Results Record Revenue of $938 Million Increased 2023 Net Cash Provided by Operating Activities by 16% to $110 Million Generated...
- February 29th, 2024 at 6:02 am

MSOs Post New Highs

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...
- January 26th, 2024 at 4:13 pm

Where the Cannabis Value Is

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...
- January 19th, 2024 at 4:02 pm

Illinois Cannabis Sales End 2023 Strongly

Illinois adult-use cannabis sales in December were up 10.7% sequentially to a record $153.9 million, which was up by more than the increase in the length of the month. The gain...
- January 11th, 2024 at 1:21 pm

Projections Fell Short of Expectations

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...
- December 30th, 2023 at 9:24 am

Illinois Cannabis Sales Were Flat in November

Illinois adult-use cannabis sales in November were up slightly sequentially to $139.1 million, an increase of 0.3% from October despite one less day. The gain was 6.6% from a year ago:...
- December 12th, 2023 at 2:53 pm

Global Cannabis Stock Index Bounces in November

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...
- November 30th, 2023 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

Don’t Buy This Dip

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...
- November 12th, 2023 at 8:01 am

Verano Q3 Revenue Grows 3% Sequentially to $240 Million

Verano Announces Third Quarter 2023 Financial Results Delivers Record Revenue of $240 Million, Increasing Net Cash Provided by Operating Activities, and Raises and Tightens 2023 Free Cash Flow1 Guidance...
- November 8th, 2023 at 6:13 am

A Look at the Florida Cannabis Market

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...
- November 5th, 2023 at 8:00 am

Illinois Cannabis Sales Slip In October

Illinois adult-use cannabis sales in October were down slightly sequentially to $138.8 million, a decrease of 0.6% from September despite the extra day. The gain was 5.5% from a...
- November 2nd, 2023 at 4:25 pm

Cannabis Companies Will Report Financials Soon

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...
- October 27th, 2023 at 12:30 pm

Cannabis Stocks Are Now More Attractive

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...
- October 22nd, 2023 at 8:00 am

Illinois Reports Flat September Cannabis Sales

Illinois adult-use cannabis sales in September were up slightly sequentially to $139.5 million, an increase of 0.2% from August. The gain was 6.8% from a year ago: After increasing...
- October 4th, 2023 at 3:55 pm