Canadian Cannabis Sales Picked Up in October

Statistics Canada released October retail sales for the country, with cannabis sales increasing from the September levels, up 1.1% to C$456.3 million.  This was a drop on a per-day basis. September,...
- December 20th, 2024 at 8:43 am

Cannabis REIT Reports Large Default

Innovative Industrial Properties Reports Default by PharmaCann on All Leases SAN DIEGO–(BUSINESS WIRE), December 20, 2024–Innovative Industrial Properties, Inc. (IIP), through indirect, wholly owned subsidiaries serving as landlords, previously...
- December 20th, 2024 at 8:00 am

Cansortium Completes RIV Capital Acquisition

FLUENT Completes Acquisition of RIV Capital, Adding New York Retail, Wholesale and Cultivation Operations to its Multi-State Footprint Accelerates FLUENT’s entry into one of the largest and fastest growing...
- December 19th, 2024 at 12:06 pm

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

Potential Cannabis Buyouts

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 19th, 2024 at 7:48 am

Vireo Growth to Acquire 4 Cannabis Companies

Vireo Growth Inc. Announces $75 Million Financing and Acquisitions of Four Single State Operators $75 million equity financing at $0.625 per Vireo share will result in combined new entity...
- December 18th, 2024 at 6:57 am

Organigram Increases Revenue and Adjusted EBITDA in Q4

Organigram Reports Fourth Quarter and Fiscal 2024 Results Fiscal 2024 net revenue of $159.8 million 17.6% year-over-year growth in Organigram’s recreational shipped sales in Fiscal 2024 Q4 Fiscal 2024...
- December 18th, 2024 at 6:26 am

Michigan Cannabis Sales Increase in November

Michigan cannabis sales for November rose from a year ago and they rose sequentially 2.9%. At $276.4 million, sales were up 6.1% from a year earlier: The Michigan Cannabis Regulatory Agency...
- December 17th, 2024 at 9:28 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

Cannabis Stock Risks

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 12th, 2024 at 9:01 am

Cannabis Sales Picked Up in November

New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s monthly cannabis sales data for 15 states. Cannabis sales increased 1.7% sequentially in November, despite there being one less...
- December 11th, 2024 at 3:39 pm

The New York Cannabis Market Continues to Soar

The New York Office of Cannabis Management held a Control Board Meeting today that was broadcast online. Two months ago, we provided an update regarding the state’s strong growth...
- December 10th, 2024 at 1:00 pm

Organigram Buys Canadian LP Motif for C$90 Million

Organigram Acquires Motif, Becoming Canada’s Largest Cannabis Company by Market Share December 06, 2024 Transformational Acquisition Results in Cannabis Pure Play Leader, Coast-to-Coast Geographic Strength and Proven Excellence in...
- December 6th, 2024 at 9:35 am

MSOS Could Bounce

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 5th, 2024 at 7:39 am

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

Ancillary Cannabis Stocks Hold Prices the Best

As we described in an article released earlier, the Global Cannabis Stock Index moved lower in November, falling 9.5%. It is now down 8.3% in 2024. In this article, we summarize the...
- November 29th, 2024 at 3:12 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

Cannabis Investors Should Be Thankful

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 27th, 2024 at 3:53 pm

Canadian Cannabis Sales Slide in September

Statistics Canada released September retail sales for the country, with cannabis sales decreasing from the August levels, down 6.6% to C$443.9 million.  This was a drop on a per-day basis as...
- November 22nd, 2024 at 8:44 am