Author: Alan Brochstein, CFA
After substantial slowing in year-over-year growth across 8 markets that BDSA covers in November, cannabis sales growth bounced back in December. The January data suggests a mixed picture of growth trends,...
After soaring 62% in Q4 and then increasing almost 28% in January, the Global Cannabis Stock Index gained 17.6% in February to 66.67: The index, which had 38 qualifying members during...
The American Cannabis Operator Index moved higher for the fifth consecutive month in February, advancing 20.5% to 93.70: After gaining 45.7% in 2020, when it ended at 63.05, the index is...
The Canadian Cannabis LP Index built upon its 27% increase in January, advancing 18.8% in February to 414.46 despite a substantial pullback from its peak on February 10th: The index, which...
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 NJ legalized and Virginia will add...
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...
On December 16th, Aphria (TSX: APHA) (NASDAQ: APHA) and Tilray (NASDAQ: TLRY) announced a pending stock-based merger. On Friday after the markets closed, Tilray filed a joint preliminary proxy statement...
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 sales picked up in Michigan...
Statistics Canada released December retail sales for the country this morning, with cannabis sales growth increasing sequentially. Sales of C$298.4 million rose 14.3% from November, which had fallen 3% from...
Michigan began 2021 with a 7.2% gain in overall cannabis sales, which reached $108.5 million, up 210% from a year ago: The Michigan Marijuana Regulatory Agency breaks out sales by...
A big question among cannabis investors and operators is which “single institutional investor” who took down over 3 million shares of Green Thumb Industries (CSE: GTII) (OTC: GTBIF) recently....
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 The cannabis sector saw big...
Through an SEC filing announcing its inability to file its 10-Q on a timely basis, MedMen (CSE: MMEN) (OTC: MMNFF) disclosed that its financials deteriorated in its fiscal Q2....
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 A big acquisition helped fuel...
A few weeks ago, we expressed concern about a sharp deceleration in cannabis sales during November. After reviewing data from BDSA for December in five mature western markets and...
Illinois total cannabis sales totaled $121.5 million in January, flat from December and up 94% from a year ago, when the state added adult-use sales: Adult-use sales, according to...
After soaring 62% in Q4, the Global Cannabis Stock Index began the new year with a 27.8% gain to 56.71. The index, which had 38 qualifying members during the month following...
The American Cannabis Operator Index moved higher for the fourth consecutive month in January, advancing 23.3% to 77.74: It gained 45.7% in 2020, when it ended at 63.05, and has rebounded...
The Canadian Cannabis LP Index started 2021 strongly, advancing 26.7% to 348.75: The index, which rallied 22.1% in Q4 but still fell 30.1% in 2020, is down 8.6% over the past...
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 Stock market volatility played a...
