Author: Alan Brochstein, CFA
The year that just ended was one of the most remarkable of the nearly eight that have passed since I began covering the cannabis industry in early 2013. We...
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 sharp decline in September that left the index down 7% in Q3, the Global Cannabis Stock Index held on to massive gains in October and November, decreasing 0.8% to...
The Canadian Cannabis LP Index continued to lag the broader sector in December, retreating 4.8% to 275.16: The index, which rallied 22.1% in Q4, still fell 30.1% in 2020: It remains...
The American Cannabis Operator Index moved higher for the third consecutive month in December, advancing 10.0% to 63.05: After ending 2019 at 43.27, the index gained 45.7% in 2020 and has...
Commercial real estate finance company AFC Gamma, founded in July, has filed an S-11 to go public on the NASDAQ as a REIT. The company, which expects to trade under...
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 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...
Statistics Canada released October retail sales for the country this morning, with cannabis sales growth increasing sequentially off of a revised higher September level and accelerating annual growth to 109.4%. Sales...
In late October, an undisclosed institutional investor bought 5.5 million shares of Green Thumb Industries (CSE: GTI) (OTC: GTBIF) in a private transaction at C$19.25. The same buyer, according to a...
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...
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 sharp decline in September that left the index down 7% in Q3, the Global Cannabis Stock Index extended strong October gains, soaring 50.8% in November to 44.77: The index,...
The American Cannabis Operator Index exploded higher in November, jumping 40.0% to 57.93: After ending 2019 at 43.27, the index has now advanced 32.5% in 2020 and has rebounded 255.4% from an...
While the Canadian Cannabis LP Index continued to lag the broader sector, it posted strong gains in November as it increased 23.6% to 288.97: The index, which closed at a four-month high,...
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 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...
In fewer than three months, AdvisorShares Pure US Cannabis ETF (NYSE ARCA: MSOS) has surpassed $100 million in assets under management, with the number of shares increasing on November 25th...
Cann Group Limited (ASX: CANN) (OTC: CNGGF) announced today that it has lined up a A$50 million secured debt facility from National Australia Bank (NAB). The funds will allow the...
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...
Statistics Canada released September retail sales for the country this morning, with cannabis sales growth slowing sequentially off of a revised higher August level but accelerating annual growth to 108.5%....
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 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$10 million per...
California-based cannabis supply distributor Hydrofarm has filed a preliminary prospectus for up to a $100 million IPO. The company intends to list on the NASDAQ with the trading symbol HYFM....