Cannabist Q1 Revenue Dips

The Cannabist Company Reports First Quarter 2024 Results NEW YORK–(BUSINESS WIRE), May 9, 2024–The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or...
- May 9th, 2024 at 7:12 am

Trulieve Surpasses Analyst Estimates

Trulieve Reports First Quarter 2024 Results Demonstrating Core Business Strength and Cash Generation First quarter performance of $298 million in revenue, up 4% sequentially, and 58% gross margin Strong...
- May 9th, 2024 at 6:20 am

Green Thumb Industries Grows Revenue 11% in Q1

Green Thumb Industries Reports First Quarter 2024 Results CHICAGO and VANCOUVER, British Columbia, May 08, 2024 (GLOBE NEWSWIRE) — Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE:...
- May 8th, 2024 at 4:13 pm

Cannabis Sales Remain Slow

New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s monthly cannabis sales data for 11 states. Cannabis sales increased 6.8% sequentially in March after plunging in January and...
- May 8th, 2024 at 2:35 pm

Verano Q1 Revenue Falls

Verano Announces First Quarter 2024 Financial Results Generated $221 Million in Revenue, Exceeding Guidance Increased Gross Profit Margin by Nearly 300 Basis Points Year Over Year CHICAGO, May 08,...
- May 8th, 2024 at 6:16 am

Ascend Wellness Beats Analyst Expectations in Q1

AWH ANNOUNCES Q1 2024 FINANCIAL RESULTS Achieved $142.4M Net Revenue in Q1 2024, a 25% Increase Year-Over-Year and 2% Increase Quarter-Over-Quarter Reported $32.5 million in Adjusted EBITDA, a 39%...
- May 7th, 2024 at 7:12 am

Florida Medical Cannabis Patient Growth Is Slowing

Each week, Florida’s Office of Medical Marijuana Use (OMMU), which is part of the state’s Department of Health, releases data on the program, including an active patient count, a...
- May 3rd, 2024 at 3:12 pm

Canopy Growth Dilutes Its Stock After Big Rally

Canopy Growth Announces Financing to Further Strengthen Balance Sheet Including Approximately US$50 Million of New Gross Proceeds C$27.5 Millon of Debt Extended from 2025 to 2029 Providing Additional Balance...
- May 3rd, 2024 at 7:44 am

A New Bull Market?

You’re reading 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 help our readers...
- May 2nd, 2024 at 4:16 pm

Hawthorne Sales Plunge Again

Scotts Miracle-Gro Reports Second Quarter Results Strong first half 2024 execution has Company on pace for full-year targets U.S. Consumer second quarter net sales of $1.38B equal record high...
- May 1st, 2024 at 7:21 am

One Cannabis Sub-Sector Fell in April

As we described in a previous article, the Global Cannabis Stock Index exploded higher in April, rallying 14.6%. It is now up 44.4% in 2024. In this article, we summarize the performance...
- April 30th, 2024 at 4:44 pm

Earnings Season Set to Begin

The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. This update is our first since  mid-March, when we reviewed...
- April 27th, 2024 at 11:21 am

The MSOs Are Pulling Back

You’re reading 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 help our readers...
- April 26th, 2024 at 5:45 am

Canadian Cannabis Sales Drop Again

Statistics Canada released February retail sales for the country, with cannabis sales decreasing from the January levels, down 6.4% to C$376.2 million. On a per-day basis, sales sales rose 0.4%. January...
- April 24th, 2024 at 8:42 am

Canada Is Down Not Out

You’re reading 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 help our readers...
- April 19th, 2024 at 7:56 am

Illinois Cannabis Sales Pick Up But Remain Slow

Illinois adult-use cannabis sales in March were up 9.8% sequentially to a  $148.9 million, which was up by more than the increase in the length of the month. The gain was...
- April 17th, 2024 at 10:48 am

Florida Medical Cannabis Patient Growth Slows Again

Each week, Florida’s Office of Medical Marijuana Use (OMMU), which is part of the state’s Department of Health, releases data on the program, including an active patient count, a...
- April 14th, 2024 at 7:25 pm

Michigan Cannabis Sales Surge

Michigan cannabis sales for March were up sequentially after rising in February. At $288.8 million, sales rose 10.6% sequentially and were a new record level. The sequential growth on a per-day...
- April 12th, 2024 at 11:05 am

You Can’t Count on Congress

You’re reading 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 help our readers...
- April 12th, 2024 at 8:49 am

Tilray Q3 Cannabis Revenue Falls 5% Sequentially Again

Tilray Brands, Inc. Reports Q3 Fiscal 2024 Financial Results Achieved Net Revenue of $188 Million, ~ 30% Net Revenue Growth Over the Prior Year Quarter Beverage-Alcohol Net Revenue Increases...
- April 9th, 2024 at 7:21 am

The Delisting Risk

You’re reading 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 help our readers...
- April 5th, 2024 at 8:51 am

Cannabis Sales Remain Slow

New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s monthly cannabis sales data for 11 states. Cannabis sales increased 1.7% sequentially in February after plunging in January, according...
- April 3rd, 2024 at 3:08 pm

Imperial Brands Sticks with Auxly but Takes Big Hit

AUXLY ANNOUNCES COMPLETION OF CONVERSION OF OVER $123 MILLION OF PRINCIPAL AND INTEREST UNDER IMPERIAL DEBENTURE Imperial Brands plc converts over $123 million in total debt to shares resulting...
- April 1st, 2024 at 7:46 am