Cresco Labs Q3 Revenue Falls as Profitability Rises

Cresco Labs Demonstrates Success of Cash Flow Focused Strategy with Third Quarter 2024 Financial Results Record quarterly operating cash flow of $49 million and year to date operating cashflow...
- November 8th, 2024 at 7:55 am

Canopy Growth Q2 Revenue Sinks as Losses Increase

Canopy Growth Reports Second Quarter Fiscal Year 2025 Financial Results Storz & Bickel net revenue increased 32% year-over-year in Q2 FY2025 Continued growth across medical cannabis businesses, with net...
- November 8th, 2024 at 7:17 am

Cannabis MSO GTI Beat Revenue Estimates in Q3

CHICAGO and VANCOUVER, British Columbia, Nov. 07, 2024 (GLOBE NEWSWIRE) — Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer...
- November 7th, 2024 at 4:16 pm

Cratering Cannabis Stock Prices

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 7th, 2024 at 9:04 am

Verano Q3 Declines Sharply

Verano Announces Third Quarter 2024 Financial Results CHICAGO, Nov. 07, 2024 (GLOBE NEWSWIRE) — Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state...
- November 7th, 2024 at 6:20 am

Cannabis REIT Q3 Revenue Falls

Innovative Industrial Properties Reports Third Quarter 2024 Results November 06, 2024 04:20 PM Eastern Standard Time SAN DIEGO–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (IIP), the first and only real estate...
- November 6th, 2024 at 4:42 pm

Big MSO Curaleaf Q3 Revenue Declines

Third quarter 2024 revenue of $331 million, representing a decrease of 1% year-over-year, and adjusted gross margin(1) of 49% Third quarter International revenue increased 82% year-over-year Year to date...
- November 6th, 2024 at 4:30 pm

Scotts Miracle-Gro Cannabis Unit Q4 Revenue Falls 46%

ScottsMiracle-Gro Reports Fiscal 2024 Fourth Quarter and Full-Year Results U.S. Consumer fiscal 2024 sales up 6 percent in line with guidance; POS units up 9 percent year-over-year Full-year GAAP...
- November 6th, 2024 at 7:30 am

Trulieve Q3 Revenue Growth Slows Significantly

Trulieve Reports Third Quarter 2024 Results Ahead of Florida Adult-Use Vote Third quarter revenue of $284 million, up 3% year over year, in line with guidance Gross margin of...
- November 5th, 2024 at 6:12 am

SNDL Buys Indiva Assets

SNDL Emerges as Canada’s Leading Producer of Edibles with Indiva Acquisition CALGARY, AB, Nov. 4, 2024 /CNW/ – SNDL Inc. (Nasdaq: SNDL) (“SNDL” or the “Company”) announced today that,...
- November 4th, 2024 at 5:23 pm

Bull Market Delayed…

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 1st, 2024 at 3:13 pm

Ancillary Cannabis Stocks Continue to Lead the Sector

As we described in an article released earlier, the Global Cannabis Stock Index moved lower in October, falling 6.6%. It is now up 1.4% in 2024. In this article, we summarize the...
- October 31st, 2024 at 5:02 pm

Cannabis Stocks Begin the 4th Quarter Sliding Lower

Cannabis stocks, as measured by the Global Cannabis Stock Index,  passed the anniversary a year go when they exploded higher in late August on news that the Department of Health...
- October 31st, 2024 at 4:20 pm

Cannabis Earnings Season Is About 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-August, when we reviewed the...
- October 30th, 2024 at 7:12 am

Canadian Cannabis Sales Advance Again in August

Statistics Canada released August retail sales for the country, with cannabis sales increasing from the July levels, up 2.6% to C$465.1 million.  July, originally reported at C$440.7 million, was revised higher...
- October 25th, 2024 at 8:43 am

This MSO Is Doing Some Good Things

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...
- October 24th, 2024 at 9:23 am

Cannabis REIT Borrows $50 Million at 9.0%

Chicago Atlantic Real Estate Finance Closes on $50 Million Unsecured Term Loan to Fund Deployment of New Investments Assigned BBB+ Investment Grade Rating from Egan-Jones CHICAGO, Oct. 23, 2024...
- October 23rd, 2024 at 7:43 am

SNDL Closes Nova Cannabis Acquisition

SNDL Successfully Completes Privatization of Nova and Welcomes New Director CALGARY, AB, Oct. 21, 2024 /PRNewswire/ – SNDL Inc. (Nasdaq: SNDL) (“SNDL”) and Nova Cannabis Inc. (TSX: NOVC) (“Nova”)...
- October 21st, 2024 at 9:16 am

Geography Matters for the Cannabis Industry

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...
- October 17th, 2024 at 8:47 am