Canopy Growth Reports First Quarter Fiscal Year 2024 Financial Results Net revenue in Q1 FY2024 increased 3% year-over-year to $109 million. Adjusting for divestiture of Canadian cannabis retail operations...
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...
Cronos Group Reports 2023 Second Quarter Results Industry-leading balance sheet with $841 million in cash and short-term investments Increased 2023 operating expense savings target to $20 to $25 million...
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...
Cannabis stocks began the year with a bounce that ended quickly with an all-time low set in June for the Global Cannabis Stock Index , but July was strong. The index...
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...
The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. Most of the companies will be reporting Q2 in the...
Tilray Brands Reports Record Q4 Financial Results Record Q4 Net Revenue of $184 Million, Representing 20% Growth Year over Year, $627 Million of Net Revenue for FY2023; On a...
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...
Statistics Canada released May retail sales for the country, with cannabis sales rising from the April levels, up 1.2% to C$415.6 million. April was revised slightly lower to C$410.6 million. The...
Canopy Growth Enhances Financial Flexibility and Delivers Company Balance Sheet by $437 million Company Announces Accretive Reduction of Corporate Debt, Preservation of Cash, and an Improved Financial Position Through...
Organigram Reports Third Quarter Fiscal 2023 Results Year-to-date Canadian recreational business grew 10% versus prior year driven by continued focus on consumer-centric products and brands Strategic investments in Phylos...
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...
As we described in a previous article, the Global Cannabis Stock Index fell again in June, the fifth consecutive monthly decline after a rally to begin the year. That index is 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...
Cannabis stocks began the year with a bounce that ended quickly, and during June the Global Cannabis Stock Index fell again, dropping 2.2% to 7.50 with a 7.39 intraday all-time low...
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...
Canopy Growth Reports Fourth Quarter and Fiscal Year 2023 Financial Results Business transformation and cost reduction actions initiated in FY2023 expected to drive overall cost reduction of $240-$310 million...
Statistics Canada released April retail sales for the country, with cannabis sales rising from the March levels, up 1.3% to C$411.7 million. March was revised slightly higher to C$406.4 million. The...
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...
High Tide Reports Third Consecutive Quarter of Record Revenue and Adjusted EBITDA of $118.1 Million and $6.6 Million, Respectively The Company Achieved Significant Sequential Improvement in Cost Reduction in...
Aurora Cannabis Announces Fiscal 2023 Third Quarter and Files Full Year Results Achieves Second Sequential Quarter of Positive Adjusted EBITDA1 Net Revenue Reaches $64 Million, Increasing 4% Sequentially and...
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...
As we described in a previous article, the Global Cannabis Stock Index fell sharply in March, plunging 15.2%, leaving it down 12.5% in the first quarter of the year. This followed...
Cannabis stocks began the year with a bounce that ended quickly, and during May the Global Cannabis Stock Index fell again, dropping 7.0% to 7.67 with a 7.45 intraday all-time low...
