Verano Upsizes Credit Agreement to US$250 Million at 8.50% With an Additional US$100 Million Option Adds substantial, non-dilutive capital to the Company’s balance sheet, further buttressing its strong cash...
Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary The House Judiciary Committee advanced the...
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...
Exclusive Interview with Verano Holdings Co-Founder, Chairman and CEO George Archos Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) Co-Founder, Chairman and CEO George Archos last spoke with New Cannabis...
Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary California’s unified cannabis regulatory body introduced...
The Global Cannabis Stock Index fell for the sixth consecutive month, declining 2.2% to 51.53: The index, which is now down 9.8% in Q3, had 44 qualifying members during the month following...
The American Cannabis Operator Index fell for the sixth straight month after having scored five straight monthly gains, declining 10.7% to 56.00: After gaining 45.7% in 2020, when it ended at...
Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary Stocks advanced in a quiet week...
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...
Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary Data from BDSA suggested that cannabis...
Verano Reports Second Quarter 2021 Record Revenue of $199M Produced substantial revenue growth of 39% sequentially, closed three accretive acquisitions in the quarter while remaining profitable, free-cash-flow positive and...
The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis stocks that generate industry sales of more than US$15 million per...
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...
Verano to Acquire Sierra Well, Expanding Nevada Distribution with Two Top-Performing Dispensaries in Reno, Carson City and Additional Active Cultivation Capacity Transaction Benefits & Market Impact Addition of two fully-operational...
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...
The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis stocks that generate industry sales of more than US$12.5 million per...
Verano Holdings Announces First Quarter 2021 Results First quarter 2021 revenue of $143 million, growth of approximately 117% year-over-year Gross profit margin of over 62% for first quarter 2021...
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...
Verano Upsizes Existing Credit Agreement by US$100 Million with a 9.75% Annual Interest Rate on a Non-Dilutive Basis Reduces borrowing costs with one of the industry’s leading annual interest...
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...
Verano to Add Cultivation and Fortify Retail Capacity in Pennsylvania Adds cultivation and production in Pennsylvania, with an active and completely built-out, state-of-the-art 62,000 sq. ft. indoor facility in...
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...
Verano Holdings Announces Full Year 2020 Results 2020 revenue of $355 million, growth of approximately 200% Gross profit margin of 63% for full year 2020 2020 net income of...
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...
After soaring 62% in Q4 and then increasing over 50% to begin 2021, the Global Cannabis Stock Index fell 6.2% in March to 62.55: The index, which had 38 qualifying members...