Author: Alan Brochstein, CFA
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...
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...
This morning, New Cannabis Ventures received anonymously an audio recording of a conversation between former CEO Hadley Ford of iAnthus (CSE: IAN) (OTC: ITHUF) and an investor. We were...
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 November data in Canada and...
Statistics Canada released November retail sales for the country this morning, with cannabis sales growth decreasing sequentially and slowing from a year ago. Sales of C$261.4 million fell 3.2% from September...
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 Capital raising and M&A remained...
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...
After a weak November, cannabis sales increased sharply in Michigan during December, according to the Michigan Marijuana Regulatory Agency. The state breaks out medical and adult-use, which, combined, totaled...
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...
The Illinois Department of Financial and Professional Regulation released net cannabis revenue from adult-use sales for December today, with monthly sales reaching $86.86 million, up 15% from November: For...
