American Cannabis News

Pandemic Pauses Planet 13 Growth in Q1

Planet 13 Announces First Quarter 2020 Financial Results Q1 2020 Revenue of $16.8 million; EBITDA of $2.5 million SuperStore accounted for 10.1% of all Nevada cannabis dispensary revenue in...
- June 1st, 2020 at 5:03 pm

Global Cannabis Stock Index Constituents Gain 27% in May

Cannabis stocks accelerated their rally in May, with the Global Cannabis Stock Index gaining 27.0% to 32.52: The index, which had 35 qualifying members during the month following the quarterly rebalancing...
- June 1st, 2020 at 1:13 pm

American Cannabis Operator Stocks Soar 35% in May

Following twelve consecutive monthly declines and then a modest gain in April, the American Cannabis Operator Index extended its rally off of its all-time low set in March, increasing 34.7% to...
- May 31st, 2020 at 12:54 pm

Diving Deep Into the Third Wave of Cannabis Investing

Following up on the theme we discussed in this weekend’s newsletter regarding our view that a “third wave” in cannabis investing has commenced, we published an extensive review of...
- May 28th, 2020 at 4:26 pm

IIPR Prices $100 Million Equity Offering

Innovative Industrial Properties Upsizes and Prices Public Offering of Common Stock SAN DIEGO-May 27, 2020-(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR) announced today the upsize and pricing...
- May 27th, 2020 at 7:20 am

Green Growth Brands Files for Bankruptcy

Green Growth Brands Obtains Initial Order Under Companies’ Creditors Arrangement Act COLUMBUS, Ohio, May 20, 2020 (GLOBE NEWSWIRE) — Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) announced today...
- May 20th, 2020 at 10:01 am

Curaleaf Generates $96.5 Million Revenue in Q1

Curaleaf Reports Record First Quarter 2020 Financial and Operational Results Reported Record Pro Forma Revenue(1)(2) of $147.4 Million and Managed Revenue(1) of $105.0 Million; Generated $20.0 Million of Record...
- May 18th, 2020 at 4:21 pm

Cannabis Earnings Season Revs Into High Gear

The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis stocks that generate industry sales of more than US$7.5 million per...
- May 18th, 2020 at 10:58 am

Acreage Holdings to Take $80-100 Million Write-Down in Q1

Acreage Announces Operational Update to Drive Improved Margins and Returns NEW YORK, May 18, 2020 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage” or the “Company”) (CSE: ACRG.U) (OTCQX: ACRGF)...
- May 18th, 2020 at 8:02 am