Author: Alan Brochstein, CFA
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 and Illinois both reported growing...
During June, Michigan cannabis sales increased 60% from a year ago to $149.0 million, similar to May despite having one less day: The Michigan Marijuana Regulatory Agency breaks out sales by medical...
With tougher comparisons to a year ago in most cases, growth was generally weak across the markets covered by BDSA in May. Recall that a year ago, cannabis demand surged. In...
The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis stocks that generate industry sales of more than US$12.5 million per...
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 limped into the end...
The Global Cannabis Stock Index fell for the fourth consecutive month, declining 4.1% to 57.10: The index, which was down 8.7% during Q2, had 46 qualifying members during the month following the...
The American Cannabis Operator Index fell for the fourth straight month after having scored five straight monthly gains, declining 9.9% to 70.17: After gaining 45.7% in 2020, when it ended at...
Following up on our recent discussion of how cannabis investors have embraced publicly traded ancillary companies, New Cannabis Ventures launched its seventh proprietary index, the Ancillary Cannabis Index at the end of March....
The Canadian Cannabis LP Index broke a three-month losing streak in June, increasing 1.2% to 359.27. The index, which rallied 22.1% in Q4 but still fell 30.1% in 2020 to...
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 were soft in...
During May, Michigan cannabis sales increased 76% from a year ago to $148.9 million, a 3% decrease from April despite having an additional day: The Michigan Marijuana Regulatory Agency breaks out sales by...
Statistics Canada released April retail sales for the country this morning, with cannabis sales increasing slightly from March, which had one more day. Sales of C$309.7 million rose 3.8% after...
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 Connecticut became the 3rd Eastern state...
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 Connecticut came close but failed to...
Illinois total cannabis sales reached $150.6 million in May, up 0.2% from April despite an extra day and up 97% from a year ago : Adult-use sales, according to the...
With easy comparisons to a year ago in some cases, growth was generally strong across the markets covered by BDSA in April. Strength in pre-rolls was a major factor....
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 Illinois adult-use sales set a record...
The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis stocks that generate industry sales of more than US$12.5 million per...
The Global Cannabis Stock Index shook off a mid-month meltdown for the second straight month but still fell for the third consecutive month, declining 2.7% to 59.57: The index, which is down...