Another Rough Month in Michigan

Michigan cannabis sales for February fell from a year ago and fell sequentially by 2.4%, which was up on a per-day basis. At $241.3 million, sales were down 7.6% from a...
- March 14th, 2025 at 2:49 pm

Cannabis Investors Should Consider Having a Drink

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 13th, 2025 at 5:47 am

Ascend Beats Expectations in Q4

AWH ANNOUNCES FOURTH QUARTER AND FULL YEAR 2024 FINANCIAL RESULTS Full Year 2024 Net Revenue Increased 8% Year-over-Year to $562 million Full Year 2024 Adjusted EBITDA¹ Increased 9% Year-over-Year...
- March 12th, 2025 at 4:14 pm

Cresco Labs Q4 Revenue and Profitability Slip

Cresco Labs’ Disciplined Strategy Drives Record Cash Flow in 2024 Financial Results Record full year operating cash flow of $132 million, an increase of 126% from the prior year...
- March 12th, 2025 at 7:20 am

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

Incredible Cannabis Stock Crunch

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 6th, 2025 at 7:32 am

A Strong February for Cannabis Sales

New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s monthly cannabis sales data for 15 states. Cannabis sales increased 2.1% sequentially in February despite there being three...
- March 5th, 2025 at 3:12 pm

Curaleaf Q4 Revenue Shrinks

Curaleaf Reports Fourth Quarter and Full Year 2024 Results Fourth quarter 2024 total revenue of $331 million Fourth quarter 2024 International revenue of $31 million Fourth quarter adjusted gross...
- March 3rd, 2025 at 4:14 pm

Glass House Extends Debt

Glass House Brands Announces New $50 Million Senior Secured Loan – Maturing on January 31st, 2030, the new senior debt facility replaces our previous senior secured loan that was...
- March 3rd, 2025 at 7:40 am

Another C$41.5 Million Invested in Organigram

Organigram Closes Third Tranche of Previously Announced BAT Private Placement Investment March 03, 2025 TORONTO–(BUSINESS WIRE)– Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the “ Company ” or “...
- March 3rd, 2025 at 6:26 am

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

Trulieve Q4 Revenue Lifts as Adjusted EBITDA Soars

Trulieve Reports Fourth Quarter and Full Year 2024 Results Highlighting Margins and Cash Flow Fourth quarter revenue of $301 million, up 5% year over year, exceeding guidance Gross margin...
- February 27th, 2025 at 6:23 am

GTI Revenue and Adjusted EBITDA Were Better Than Expected

CHICAGO and VANCOUVER, British Columbia, Feb. 26, 2025 (GLOBE NEWSWIRE) — Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer...
- February 26th, 2025 at 4:15 pm

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

Canadian Cannabis Sales Soared in December

Statistics Canada released December retail sales for the country, with cannabis sales increasing from the November levels, up 10.0% to a record C$499.7 million.  This was an increase on a per-day...
- February 21st, 2025 at 8:41 am

Cannabis Investor Patience Is Being Tested

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 20th, 2025 at 8:55 am