Author: Alan Brochstein, CFA
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...
The Global Cannabis Stock Index fell for the 11th consecutive month, declining 12.9% to 28.62: The index, which was down 27% in Q4, had 38 qualifying members during the month. After increasing...
After retreating 26% in Q4, the Canadian Cannabis LP Index extended its losing streak to seven months as it fell again in January, declining 9.5% to 176.42: The index, which fell...
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 began 2022 with its 11th consecutive decline, falling 7.4% to 38.62: January’s performance follows a Q4 decline of 23.4%. After gaining 45.7% in 2020, when it...
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 Data from Ohio indicated expanding sales...
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 retail cannabis sales fell 3%...
Statistics Canada released November retail sales for the country this morning, with cannabis sales decreasing from October by 2.9% to C$353.7 million. The sales were up 36.3% from a year ago, up...
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 Michigan cannabis sales in December were...
With one more day than in November, Michigan cannabis sales increased 10% to $168 million in December, up 66% from a year ago: The Michigan Marijuana Regulatory Agency breaks out...
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 BDSA data suggests that November cannabis...
