Author: NCV Newswire

Cannabis REIT Reports Default Resolution

Innovative Industrial Properties Reports Resolution to Default by PharmaCann SAN DIEGO–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange...
- January 30th, 2025 at 7:06 am

Hawthorne Q1 Revenue Declines Sharply

  ScottsMiracle-Gro Reports First Quarter Results; Company Well Positioned for 2025 Lawn & Garden Season U.S. Consumer net sales increased 11 percent driven by strong fall lawn and garden...
- January 29th, 2025 at 7:28 am

Ascend Issues $15 Million in Debt

Ascend Wellness Holdings Closes $15 Million Private Placement of Senior Secured Notes NEW YORK, Jan. 14, 2025 /PRNewswire/ – Ascend Wellness Holdings, Inc. (“AWH”, “Ascend” or the “Company”) (CSE:...
- January 14th, 2025 at 8:11 am

Michigan Cannabis Sales Decrease in December

Michigan cannabis sales for December fell from a year ago and they fell sequentially 3.9% despite the extra day in the month. At $265.5 million, sales were down 5.2% from a...
- January 10th, 2025 at 1:15 pm

Tilray Q2 Cannabis Revenue Falls 2% From a Year Ago

Tilray Brands Reports Q2 2025 Financial Results Gross Profit Increased by 29% Year-Over-Year, Reaching $61 Million in Q2 with Growth Across All Four Business Segments Achieved 9% Year-Over-Year Growth,...
- January 10th, 2025 at 7:25 am

Vireo Growth Raises $81 Million at $0.625 per Share

Vireo Growth Inc. Announces Closing of Oversubscribed US$81 Million Equity Securities Offering – Oversubscribed equity raise at US$0.625 per share capitalizes Company with a strong balance sheet– – Financing...
- December 31st, 2024 at 8:17 am

Cannabis Stocks Perhaps Have Bottomed

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 25th, 2024 at 8:07 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

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

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

Agrify Raises $25.9 Million at Big Discount

Agrify Announces $25.9 Million Non-Brokered Private Placement TROY, Mich., Nov. 21, 2024 (GLOBE NEWSWIRE) — Agrify Corporation (Nasdaq: AGFY) (“Agrify” or the “Company”), a leading provider of branded innovative...
- November 21st, 2024 at 7:29 am

AYR Wellness Q3 Revenue Falls Sequentially

AYR Wellness Reports Third Quarter 2024 Results MIAMI, Nov. 13, 2024 (GLOBE NEWSWIRE) — AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated...
- November 13th, 2024 at 7:20 am

Ascend Wellness Q3 Revenue Was Flat

AWH Announces Q3 2024 Financial Results Achieved $141.6 million Net Revenue in Q3 2024 Reported $25.1 million in Adjusted EBITDA Anticipates $30 million of Annual Savings Through Transformation Initiatives...
- November 12th, 2024 at 7:20 am

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

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