Public Cannabis Company Revenue & Income Tracker

The Public Cannabis Company Revenue Tracker, managed by New Cannabis Ventures, ranks the top revenue and incoming producing cannabis stocks. This data-driven, fact-based tracker will continually update based on new filings. Ranking rules:

  • For the senior listing, segmented cannabis-only sales must generate more than US$25 million per quarter (C$31 million). Please note that we have raised the minimum quarterly revenue several times as the industry has scaled up, including from US$15 million in September 2021, US$12.5 million in August 2021, US$10.0 million in November 2020, US$7.5 million in June 2020, US$5.0 million in October 2019 and US$2.5 million in May 2019
  • For the junior listing, segmented cannabis-only sales must exceed US$12.5 million per quarter (C$15.5 million).
  • Companies must file with the SEC or SEDAR and be current to be considered for inclusion
  • Only reported revenue (not pro forma) is measured
  • Adjusted operating income is defined as the reported operating income less any accounting adjustments for the change in fair value of biological assets that many companies are required to report under IFRS Accounting

Senior – U.S. Dollar Reporting

Updated for filings through 09/23/21
Company NameU.S. Stock SymbolNon-U.S. SymbolQtr EndedQtrly Sales (USD)Q/Q GrowthY/Y GrowthAdj. Op. IncomeNext Financials
Scotts Miracle-GroNYSE: SMG06/30/21$421.916%48%$37.8~11/03/21
CuraleafOTC: CURLF CSE: CURA06/30/21$312.220%166%$22.6~11/29/21
Green Thumb IndustriesOTC: GTBIFCSE: GTII 06/30/21$221.914%85%$50.9~11/15/21
TrulieveOTC: TCNNFCSE: TRUL06/30/21$215.111%78%$83.0~11/15/21
Cresco LabsOTC: CRLBF CSE: CL 06/30/21$210.018%123%$14.9~11/15/21
Verano HoldingsOTC: VRNOFCSE: VRNO06/30/21$198.764%320%$43.1~11/29/21
HydrofarmNASDAQ: HYFM06/30/21$133.820%47%$6.4~11/15/21
GrowGenerationNASDAQ: GRWG06/30/21$125.940%190%$9.6~11/15/21
Jazz PharmaNASDAQ: JAZZ06/30/21$109.5 ~11/09/21
Harvest Health & RecreationOTC: HRVSFCSE: HARV 06/30/21$102.515%84%$11.3~11/15/21
Columbia CareOTC: CCHWFCSE: CCHW06/30/21$102.419%260%-$8.2~11/15/21
Ayr WellnessOTC: AYRWFCSE: AYR.A06/30/21$91.356%222%-$24.9~11/15/21
Ascend WellnessOTC: AAWHCSE: AAWH06/30/21$83.421%228%$3.9~11/15/21
TerrAscendOTC: TRSSFCSE: TER06/30/21$58.710%72%$11.3~11/29/21
The Parent CompanyOTC: GRAMFNEO: GRAM.U06/30/21$54.236%-$52.6~11/15/21
IanthusOTC: ITHUFCSE: IAN06/30/21$54.25%57%$0.9~11/15/21
TilrayNASDAQ: TLRYTSX: TLRY05/31/21$53.771%36%10/07/21
Innovative Industrial PropertiesNYSE: IIPR06/30/21$48.914%101%$32.9~11/09/21
TILT HoldingsOTC: TLLTFNEO: TILT06/30/21$48.54%33%$-1.9~11/15/21
Jushi HoldingsOTC: JUSHFCSE: JUSH06/30/21$47.714%220%-$4.2~11/29/21
Turning Point BrandsNYSE: TPB06/30/21$47.215%72%$21.3~11/09/21
WM TechnologyNASDAQ: MAPS06/30/21$46.914%21%-$15.3~11/15/21
Acreage HoldingsOTC: ACRHFCSE: ACRG.A06/30/21$44.215%63%-$6.8~11/15/21
Greenlane HoldingsNASDAQ: GNLN06/30/21$34.72%7%-$5.6~11/15/21
Planet 13 HoldingsOTC: PLNHF CSE: PLTH06/30/21$32.838%205%$-0.6~11/29/21
MarimedOTC: MRMD06/30/21$32.632%239%$12.0~11/15/21
MedMen EnterprisesOTC: MMNFF CSE: MMEN 06/30/21$42.019%55%-$21.7~11/15/21
SchwazzeOTC: SHWZ06/30/21$30.759%467%$4.4~11/15/21
KushCo HoldingsOTC: KSHB05/31/21$28.3-14%27%-$5.0~11/29/21
4Front VenturesOTC: FFNTFCSE: FFNT06/30/21$27.118%114%$0.7~11/15/21
Gage GrowthOTC: GAEGFCSE: GAGE06/30/21$26.450%130%-$5.8~11/29/21

Junior – U.S. Dollar Reporting

Updated for filings through 08/30/21
Company NameU.S. Stock SymbolNon-U.S. SymbolQtr EndedQtrly Sales (USD)Q/Q GrowthY/Y GrowthAdj. Op. IncomeNext Financials
Village FarmsNASDAQ: VFFTSX: VFF06/30/21$24.8136%41%$5.3~11/15/21
Charlotte's Web HoldingsOTC: CWBHFTSX: CWEB06/30/21$24.23%11%-$9.2~11/15/21
Glass House BrandsOTC: GLASFNEO: GLAS.A.U06/30/21$18.762%-$2.2~11/29/21
Flower One HoldingsOTC: FLOOFCSE: FONE06/30/21$18.331%373%-$0.9~11/29/21
Hollister BiosciencesOTC: HSTRFCSE: HOLL06/30/21$17.6-24%107%$2.5~11/29/21
CansortiumOTC: CNTMFCSE: TIUM06/30/21$16.59%24%-$3.4~11/29/21
Cronos GroupNASDAQ: CRONTSX: CRON06/30/21$15.624%58%-$60.2~11/29/21
HarborsideOTC: HBORFCSE HBOR06/30/21$15.423%0%-$2.0~11/29/21
Lowell FarmsOTC: LOWLFCSE: LOWL06/30/21$15.237%53%-$0.5~11/15/21
Goodness Growth HoldingsOTC: GDNSFCSE: GDNS06/30/21$14.28%16%-$3.2~11/15/21
iPowerNASDAQ: IPW03/31/21$13.134%$0.8~09/28/21
urban-groNASDAQ: UGRO06/30/21$12.87%221%$0.2~11/15/21

Senior – Canadian Dollar Reporting

Updated for filings through 09/14/21
Company NameU.S. Stock SymbolNon-U.S. SymbolQtr EndedQtrly Sales (CAD)Q/Q GrowthY/Y GrowthAdj. Op. IncomeNext Financials
Canopy GrowthNASDAQ: CGCTSX: WEED06/30/21$136.2-8%23%-$187.7~11/09/21
Aurora CannabisNASDAQ: ACBTSX: ACB03/31/21$52.2-18%-25%-$129.909/21/21
High TideNASDAQ: HITITSXV: HITI07/31/21$48.118%99%-$7.3~01/31/22
Fire & FlowerOTC: FFLWFTSX: FAF08/01/21$43.3-2%51%-$3.4~12/15/21

Junior – Canadian Dollar Reporting

Updated for filings through 08/16/21
Company NameU.S. Stock SymbolNon-U.S. SymbolQtr EndedQtrly Sales (CAD)Q/Q GrowthY/Y GrowthAdj. Op. IncomeNext Financials
Nova CannabisTSX: NOVCOTC: NVCAF06/30/21$29.761%107%-$6.5~11/15/21
HEXO CorpNASDAQ: HEXOTSX: HEXO04/30/21$22.7-31%2%-$20.5~10/29/21
Auxly CannabisOTC: CBWTFTSX: XLY06/30/21$20.9127%204%-$11.4~11/15/21
OrganigramNASDAQ: OGITSX:OGI05/31/21$20.339%13%-$17.4~11/29/21
Valens CompanyOTC: VLNCFTSX: VLNS05/31/21$18.8-6%77%-$10.8~10/14/21
Delta 9 CannabisOTC: DLTNFTSX: DN06/30/21$16.827%29%-$0.8~11/15/21

The Public Cannabis Company Revenue Tracker by New Cannabis Ventures is not a recommendation of any company and you should not use it as investment advice. A tilde next to a date means approximate date. All computations are derived from SEC or SEDAR filings. For any questions, please email us.

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Keep track of the publicly-traded cannabis market by watching the NCV Indices, which includes the Global Cannabis Stock Index since 2013, the American Cannabis Operator Index, the Ancillary Cannabis Index, the Canadian Cannabis LP Index, as well as Tier 1, Tier 2 and Tier 3 LP indices.