Canadian Cannabis Sales Declined 2% in January Sequentially

Statistics Canada released January retail sales for the country this morning, with cannabis sales decreasing from December by 2.1% to C$347.2 million. December was revised substantially lower from the previously reported C$382.4...
- March 18th, 2022 at 8:49 am

HEXO Reports $670 Million Q2 Operating Loss

HEXO Reports Second Quarter 2022 Results, Embarks on Transformative Plan Company makes significant progress on capital structure and strengthening balance sheet. This news release constitutes a “designated news release”...
- March 18th, 2022 at 7:34 am

Jushi Completes Acquisition of Nevada Apothecarium Dispensary

Jushi Holdings Inc. Completes Acquisition of Las Vegas, Nevada Dispensary and Establishes Fourth Vertically Integrated State-Level Operation The Apothecarium1 in Las Vegas Marks Jushi’s First Dispensary in The State of...
- March 17th, 2022 at 7:48 am

Agrify Borrows $65 Million Under New Debt Facility

Agrify Secures $135 Million Debt Facility Strengthens Balance Sheet and Enables Agrify to Continue to Accelerate Growth BILLERICA, Mass., March 14, 2022 (GLOBE NEWSWIRE) — Agrify Corporation (Nasdaq:AGFY) (“Agrify”...
- March 14th, 2022 at 9:40 am

Pricing Pressure Emerges as a Key Theme Among Cannabis Companies

The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. This data-driven, fact-based tracker will continually update based on new financial...
- March 14th, 2022 at 8:51 am

Michigan Cannabis Sales Rebound in February

Following a January plunge in adult-use sales, Michigan cannabis sales in total gained 1.5% to $154.8 million in February, up 47% from a year ago: The Michigan Marijuana Regulatory Agency breaks out...
- March 11th, 2022 at 8:35 am

Greenlane Sees Q4 Revenue at $55.5-56.5 Million

Greenlane Announces Leadership Changes and Plans to Capitalize Business and Accelerate Path to Profitability Headcount Reductions, Exclusive of Anticipated Pre-Announced Merger Synergies, Expected to Result in Approximately $8 Million...
- March 10th, 2022 at 9:12 am

Illinois Cannabis Sales Climb 29% in February

After a sharp drop in January, when adult-use sales fell 15% sequentially as they rose 32% from the prior year, Illinois adult-use cannabis sales stabilized in February. Sales of $114 million fell...
- March 9th, 2022 at 1:40 pm