Michigan Cannabis Sales Slow

Michigan cannabis sales for June fell sequentially decreased 0.3% from April. At $278.8 million, sales, which were up from May on a per-day basis, were up 6.9% from a year earlier,...
- July 15th, 2024 at 2:44 pm

Ascend Wellness Refinances Debt

Ascend Wellness Holdings Signs Definitive Agreements to Issue $235 Million of Senior Secured Notes ~ Secures funding with 12.75% coupon and a 5-year term ~ ~ Net Proceeds to...
- July 15th, 2024 at 7:26 am

This Big American Cannabis Market Is Booming

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...
- July 11th, 2024 at 3:57 pm

Cannabis Sales Growth Lifts in June

New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s monthly cannabis sales data for 13 states. We are happy with the improved reporting time made by BDSA,...
- July 6th, 2024 at 10:17 am

Slow Cannabis Sales Growth in Illinois in June

Illinois adult-use cannabis sales in June were down 3.1% sequentially to a  $141.8 million, which was about the same on a per-day basis from the longer May. The gain was 3.9%...
- July 5th, 2024 at 10:49 am

Cannabis Sectors Have Mixed June Performance

As we described in a previous article, the Global Cannabis Stock Index moved lower in June, falling 8.9%. It is now up 6.2% in 2024. In this article, we summarize the performance...
- June 29th, 2024 at 7:51 am

The Global Cannabis Stock Index Ends June Lower

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...
- June 28th, 2024 at 4:20 pm

Cannabis Stocks Have Retreated Substantially

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...
- June 27th, 2024 at 4:08 pm

Illinois Cannabis Sales Remain Stalled in May

Illinois released its cannabis sales data much later than it normally does again. Illinois adult-use cannabis sales in May were up 1.2% sequentially to a  $146.2 million, which was down slightly on...
- June 27th, 2024 at 2:27 pm

Canadian Cannabis Sales Increased In April

Statistics Canada released April retail sales for the country, with cannabis sales increasing from the March levels, up 5.3% to C$428.6 million. On a per-day basis, sales sales rose 8.8%. March...
- June 21st, 2024 at 8:45 am

A Bargain Cannabis Stock

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...
- June 20th, 2024 at 4:02 pm

A Big Round Trip

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...
- June 14th, 2024 at 5:25 am

Michigan Cannabis Sales Slow Again

Michigan cannabis sales for May fell sequentially on a per-day basis as they increased just 0.4% from April. At $279.6 million, sales were up 13.7% from a year earlier: The Michigan...
- June 13th, 2024 at 2:34 pm

Florida Medical Patient Growth Sets All-Time Low

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...
- June 7th, 2024 at 3:34 pm

This Is a Better Time to Buy Cannabis Stocks

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...
- June 7th, 2024 at 6:00 am

AFC Gamma Exits $84 Million Acreage Holdings Loan

AFC Gamma Successfully Exits $84.0 Million Loan to Subsidiary of Public Company H WEST PALM BEACH, Fla., June 04, 2024 (GLOBE NEWSWIRE) — AFC Gamma, Inc. (NASDAQ:AFCG) (“AFC Gamma”)...
- June 4th, 2024 at 8:30 am

April Had 4/20 But Not High Cannabis Sales Growth

New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s monthly cannabis sales data for 11 states. Cannabis sales decreased 0.7% sequentially in April after plunging in January, rebounding...
- June 3rd, 2024 at 6:59 pm

Illinois Reports April Cannabis Sales

Illinois released its cannabis sales data much later than it normally does. Illinois adult-use cannabis sales in April were down 2.9% sequentially to a  $144.5 million, which was about the same on...
- June 3rd, 2024 at 9:17 am