American Cannabis News

Trulieve Q3 Revenue Slips Less than Expected

Generated cash flow from operations of $93 million and free cash flow of $87 million Reduced debt with purchase of $57 million of 2026 notes and announced redemption of...
- November 9th, 2023 at 6:18 am

A Strong Quarter for GTI

Green Thumb Industries Reports Third Quarter 2023 Results CHICAGO and VANCOUVER, British Columbia, Nov. 08, 2023 (GLOBE NEWSWIRE) — Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE:...
- November 8th, 2023 at 4:17 pm

Verano Q3 Revenue Grows 3% Sequentially to $240 Million

Verano Announces Third Quarter 2023 Financial Results Delivers Record Revenue of $240 Million, Increasing Net Cash Provided by Operating Activities, and Raises and Tightens 2023 Free Cash Flow1 Guidance...
- November 8th, 2023 at 6:13 am

Ascend Wellness Q3 Revenue Lifts 15% Sequentially

AWH ANNOUNCES Q3 2023 FINANCIAL RESULTS Reported Record Quarterly Revenue for 6th Consecutive Quarter Achieved $141.3M Net Revenue in Q3 2023, a 27.0% Increase Year-Over-Year and 14.9% Increase Quarter-Over-Quarter...
- November 7th, 2023 at 7:27 am

Cannabis Sales Stagnate In September

New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s monthly cannabis sales data for 11 states. Cannabis sales decreased 1.3% sequentially in September after increasing 3.5% in August,...
- November 5th, 2023 at 10:52 am

A Look at the Florida Cannabis Market

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...
- November 5th, 2023 at 8:00 am

Illinois Cannabis Sales Slip In October

Illinois adult-use cannabis sales in October were down slightly sequentially to $138.8 million, a decrease of 0.6% from September despite the extra day. The gain was 5.5% from a...
- November 2nd, 2023 at 4:25 pm

Cannabis REIT IIPR Beats Analyst Estimates for Q3

Innovative Industrial Properties Reports Third Quarter 2023 Results SAN DIEGO–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE:...
- November 1st, 2023 at 4:52 pm

MSOs Lead Cannabis Stocks Lower in October

As we described in a previous article, the Global Cannabis Stock Index plunged in October after three consecutive monthly gains. That index is now down 26.1% year-to-date, which has followed a record...
- November 1st, 2023 at 8:43 am

Hawthorne Gardening Q4 Revenue Slips 3% Sequentially

  ScottsMiracle-Gro Announces Fiscal 2023 Full-Year Results Full-year total Company net sales of $3.55 billion in line with guidance Free cash flow of $438 million improved $681 million year...
- November 1st, 2023 at 8:10 am

The Global Cannabis Stock Index Plunges in October

Cannabis stocks, as measured by the Global Cannabis Stock Index,  exploded higher in late August on news that the Department of Health and Human Services had recommended to the DEA...
- October 31st, 2023 at 4:33 pm

Cannabis Stocks Melt Down

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...
- October 29th, 2023 at 8:01 am

Cannabis Companies Will Report Financials Soon

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 late August, and there...
- October 27th, 2023 at 12:30 pm

Cannabis Stocks Are Now More Attractive

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...
- October 22nd, 2023 at 8:00 am

Michigan Cannabis Sales Stall Again

Michigan cannabis sales for September were down for the second consecutive month, stalling near their all-time high set in July at $276.7 million. At $274.7 million, sales fell 0.6%...
- October 10th, 2023 at 6:33 pm

Cannabist Pays Down $25 Million of Debt

The Cannabist Company Announces Partial Redemption of 13% Senior Secured Notes Due May 2024 NEW YORK–(BUSINESS WIRE), October 9, 2023–The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE:...
- October 9th, 2023 at 9:22 am

Still In a Bear Market

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...
- October 8th, 2023 at 8:00 am

Lowell Farms Completes Convertible Debt Elimination

Lowell Farms Inc. Announces Repurchase of $22 Million of Senior Secured Convertible Debentures California cannabis leader repurchases all outstanding senior secured convertible indebtedness SALINAS, Calif., Oct. 06, 2023 (GLOBE...
- October 6th, 2023 at 7:48 am

Cannabis Sales Pick Up In August

New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s monthly cannabis sales data for 11 states. Cannabis sales increased 3.5% sequentially in  August after increasing 0.8% in...
- October 5th, 2023 at 1:35 pm

Illinois Reports Flat September Cannabis Sales

Illinois adult-use cannabis sales in September were up slightly sequentially to $139.5 million, an increase of 0.2% from August. The gain was 6.8% from a year ago: After increasing...
- October 4th, 2023 at 3:55 pm

Cannabis Market Shows Mixed Action in September

As we described in a previous article, the Global Cannabis Stock Index rallied for the third consecutive month, creating the first quarterly advance since 2021-Q1. That index is now down  down 5.6%...
- October 1st, 2023 at 8:35 am

Tilray Brands Is Pulling Back

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...
- October 1st, 2023 at 8:00 am

Curaleaf Sells Stock at C$6

Curaleaf Announces C$16 Million Underwritten Offering of Subordinate Voting Shares NEW YORK, Sept. 28, 2023 /CNW/ – Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) (“Curaleaf” or the “Company”), a...
- September 28th, 2023 at 9:20 am