Author: Alan Brochstein, CFA
Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary Both Illinois and Michigan posted better...
Following a January plunge in adult-use sales, Michigan cannabis sales in total gained 1.5% to $154.8 million in February, up 47% from a year ago: The Michigan Marijuana Regulatory Agency breaks out...
After a sharp drop in January, when adult-use sales fell 15% sequentially as they rose 32% from the prior year, Illinois adult-use cannabis sales stabilized in February. Sales of $114 million fell...
You’re reading a copy of 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...
Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary Data from BDSA suggested cannabis sales...
After a very sharp bounce in December from November, cannabis sales experienced large sequential declines in January across markets covered by cannabis data analytics firm BDSA. The year-over-year growth rates were...
The Global Cannabis Stock Index fell for the 12th consecutive month, declining 1.1% to 28.31: The index, which was down 27% in Q4 and then fell 12.9% in January, had 38 qualifying...
After retreating 26% in Q4, the Canadian Cannabis LP Index extended its losing streak to seven months in January, declining 9.5% to 176.42. In February, the pace of the decline slowed,...
Following up on our discussion in early 2021 about how cannabis investors have embraced publicly traded ancillary companies, New Cannabis Ventures launched its seventh proprietary index, the Ancillary Cannabis Index, at the...
The American Cannabis Operator Index, which had begun 2022 with its 11th consecutive decline in January, advanced 5.4% in February to 40.71: The index, which fell 23.4% in Q4, has...
You’re reading a copy of 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...
Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary Cannabis stocks were moved mainly by...
The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. This data-driven, fact-based tracker will continually update based on new financial...
You’re reading a copy of 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...
Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary Canadian cannabis sales grew 29% in...
Statistics Canada released December retail sales for the country this morning, with cannabis sales increasing from November by 8.5% to C$382.4 million. The sales were up 28.5% from a year ago, down...
You’re reading a copy of 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...
Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary Several states showed sharp slowdowns in...
Following a record-setting December for adult-use sales, Michigan cannabis sales in total decreased 9% to $152.6 million in January, up 41% from a year ago: The Michigan Marijuana Regulatory Agency breaks out...
Illinois adult-use cannabis sales fell sharply from record levels in December in January, declining 15% to $117.3 million while increasing 32% from a year ago: 2021, adult-use sales of $1.38...
You’re reading a copy of 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...
Earlier this week, Cannabis REIT Innovative Industrial Properties (NYSE: IIPR) began marketing a $300 million debt offering. After the close on Friday, the company disclosed in an SEC filing...
Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary SAFE Banking passed the House Pennsylvania...
The Pennsylvania Department of Health sent an email to medical cannabis patients in the state today announcing a mandatory recall of hundreds of different vape cartridges: The agency posted...
The stabilization of the growth in cannabis sales during November after tough comparisons in recent months was again evident in December across markets covered by cannabis data analytics firm BDSA. Even...
