American Cannabis News

Stock Offerings Hit the Cannabis Sector

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...
- September 24th, 2023 at 8:00 am

Columbia Care Raises $25 Million Way Below the Prior Close

Columbia Care Announces Private Placement of US$25 Million and Executes on Next Phase of Balance Sheet Improvement Initiatives NEW YORK–(BUSINESS WIRE)–Columbia Care Inc. (NEO: CCHW) (OTCQX: CCHWF) (FSE: 3LP)...
- September 18th, 2023 at 7:56 am

This Part of the Cannabis Market Has Been Overlooked

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...
- September 17th, 2023 at 8:00 am

Michigan Cannabis Sales Stall in August

Michigan cannabis sales were unchanged in August from July, down just slightly from the record of $276.7 million to $276.3 million. The growth of 32.9% from a year ago was...
- September 13th, 2023 at 5:13 pm

These Cannabis Stocks Are Riskier Now

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...
- September 10th, 2023 at 7:51 am

July Cannabis Sales 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 0.8% sequentially in July after increasing 0.3% in...
- September 6th, 2023 at 8:22 am

Illinois Cannabis Sales Stall in August

Illinois adult-use cannabis sales in August were down a bit sequentially to $139.2 million, a decline of 0.6% from July. The gain was 7.6% from a year ago: After increasing 106%...
- September 5th, 2023 at 2:33 pm

Cannabis Stocks May Escape From Hell

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...
- September 3rd, 2023 at 7:52 am

Many Cannabis Companies See Stocks Soar in August

As we described in a previous article, the Global Cannabis Stock Index rallied for the second consecutive month on a huge late-month surge. That index is now down  down 6.4% year-to-date, which...
- September 1st, 2023 at 7:56 am

Here’s Why These Cannabis ETFs Aren’t Very Good

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...
- August 27th, 2023 at 7:56 am

Cannabis Company Financial Reports Don’t Impress

The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. Most of the companies have just reported for the quarter...
- August 20th, 2023 at 1:23 pm

Ayr Wellness Q2 Revenue Declines 1% Sequentially

AYR Wellness Reports Second Quarter 2023 Results Revenue up 18% Y/Y to $116.7 Million, Excluding Discontinued Operations Company Delivers Record Adjusted EBITDA1 of $29.4 Million, up 78% Y/Y, 12%...
- August 17th, 2023 at 5:06 am

Cresco Q2 Revenue Increases 2% From Q1 to $197.9 Million

Cresco Labs Reports Second Quarter 2023 Results Year-of-the-Core initiatives delivered strong improvements in gross margin, adjusted EBITDA and operating cash flow CHICAGO–(BUSINESS WIRE)–Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF)...
- August 16th, 2023 at 7:43 am

How Low Does It Go?

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...
- August 13th, 2023 at 6:08 pm

Hydrofarm Q2 Revenue Increases 1% From Q1

Hydrofarm Holdings Group Announces Second Quarter 2023 Results Shoemakersville, PA — August 9, 2023 — Hydrofarm Holdings Group, Inc. (“Hydrofarm” or the “Company”) (Nasdaq: HYFM), a leading independent manufacturer...
- August 9th, 2023 at 4:39 pm

Curaleaf Q2 Revenue Lifts 1% Sequentially

Curaleaf Reports Second Quarter 2023 Results Second quarter 2023 revenue of $339 million, representing an increase of 4% year-over-year, and adjusted EBITDA¹ of $70 million Second quarter 2023 operating...
- August 9th, 2023 at 4:17 pm

Cannabis Fuels Strong Growth at Village Farms in Q2

  Village Farms International Reports Second Quarter 2022 Financial Results Consolidated Revenue Increased 18% Year-Over-Year to $82.9 Million Canadian Cannabis Business Net Sales Increased 20% Year-Over-Year and 37% Sequentially...
- August 9th, 2023 at 7:55 am

Trulieve Q2 Revenue Slips 3% Sequentially to $281.8 Million

Trulieve Reports Second Quarter 2023 Results Highlighting Progress on 2023 Plan Sold 11.6 million units of branded product through branded retail, up 9% sequentially Maryland dispensary traffic increased 200%...
- August 9th, 2023 at 7:15 am

WM Technology Q2 Revenue Bounces to $50.9 Million

WM Technology, Inc. Reports Second Quarter 2023 Financial Results Announces Second Quarter 2023 Financial Results with Revenue of $50.9 million, Net Income of $2.0 million and Adjusted EBITDA of...
- August 8th, 2023 at 5:11 pm

Ascend Wellness Q2 Revenue Increases to Record $123 Million

AWH ANNOUNCES Q2 2023 FINANCIAL RESULTS Reported Record Quarterly Revenue Achieved $123.0M Net Revenue in Q2 2023, a 26.1% Increase Year-Over-Year and 7.7% Increase Quarter-Over-Quarter Generates Positive Cash from...
- August 8th, 2023 at 4:51 pm