American Cannabis News

Investors Should Not Dive Into Canadian Cannabis

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 10th, 2024 at 8:17 am

Curaleaf Q1 Revenue Growth Stalls

  First quarter 2024 revenue of $339 million, representing an increase of 2% year-over-year and adjusted gross margin(1) of 48% First quarter 2024 adjusted EBITDA(1) of $77 million, representing...
- May 9th, 2024 at 4:12 pm

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

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

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

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

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

Cannabis Stock 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...
- March 29th, 2024 at 4:50 pm

MSOs Trail Again

As we described in a previous article, the Global Cannabis Stock Index soared again in March, rallying 19.5%. It is now up 26.0% in 2024. In this article, we summarize the performance...
- March 29th, 2024 at 11:18 am

Global Cannabis Stock Index Soars In March

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...
- March 28th, 2024 at 4:23 pm