American Cannabis News

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

GrowGeneration Misses Revenue Forecast and Cuts Outlook

GrowGeneration Reports Second Quarter 2023 Financial Results Net Revenue of $63.9 million Represents a 12% Sequential Improvement from Prior Quarter Net Loss of $5.7 million and Non-GAAP Adjusted EBITDA¹...
- August 8th, 2023 at 4:34 pm

GTI Q3 Revenue Increases 2% Sequentially to $252 Million

Green Thumb Industries Reports Second Quarter 2023 Results CHICAGO and VANCOUVER, British Columbia, Aug. 08, 2023 (GLOBE NEWSWIRE) — Green Thumb Industries Inc. (“Green Thumb” or “the Company”) (CSE:...
- August 8th, 2023 at 4:19 pm

Slow Growth

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 6th, 2023 at 6:50 pm

June Cannabis Sales Pick Up

New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s monthly cannabis sales data for 11 states. Cannabis sales increased 0.3% sequentially in June after decreasing 0.5% in...
- August 3rd, 2023 at 3:38 pm

Cannabis REIT Beats Expectations in Q2

Innovative Industrial Properties Reports Second 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:...
- August 2nd, 2023 at 5:00 pm

Zig-Zag Sales in Q2 Grow 12% Sequentially to $46.7 Million

Turning Point Brands Announces Second Quarter 2023 Results; Increases 2023 Guidance Net Sales for Q2 2023 Zig-Zag and Stoker’s Products Increased 3.7 Percent Year-Over-Year Adjusted EBITDA for Q2 2023...
- August 2nd, 2023 at 7:58 am

Hawthorne Sales Surge 67% Sequentially to $154.5 Million

ScottsMiracle-Gro Announces Third Quarter Financial Results; Introduces Project Springboard to Enhance Shareholder Value Company reduces full-year sales and earnings outlook Company-wide third quarter sales decreased 26% driven by Hawthorne...
- August 2nd, 2023 at 7:20 am

Ancillary Cannabis Stocks Again Outpaced the Sector

As we described in a previous article, the Global Cannabis Stock Index rallied sharply in July after five consecutive monthly declines following a rally to begin the year. That index is now...
- August 1st, 2023 at 8:09 am