Canadian Cannabis News

BC Helps Drive Canadian Cannabis Sales Higher in April

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...
- June 21st, 2023 at 8:51 am

Still a Smarter Way

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...
- June 18th, 2023 at 6:25 pm

High Tide Q2 Revenue Flat to Q1 at C$118.1 Million

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...
- June 14th, 2023 at 4:30 pm

Aurora Q3 Cannabis Sales Slip 3% to C$53.3 Million

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...
- June 14th, 2023 at 7:37 am

This Beaten Up Cannabis ETF Is Not 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...
- June 4th, 2023 at 6:20 pm

Cannabis Stocks Slide Again in May

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...
- June 1st, 2023 at 7:43 am

Why Cannabis Stocks Continue Getting Clobbered

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...
- May 28th, 2023 at 6:20 pm

Tilray Brands Prices $150 Million Convertible Notes

Tilray Brands, Inc. Announces Pricing of Registered Offering of $150 Million of Unsecured Convertible Senior Notes Refinances a meaningful portion of our debt due in June 2024, extending maturity...
- May 26th, 2023 at 5:55 am

The Q1 Earnings Season Was Not Especially Helpful

The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. Most of the companies have reported Q1, and the reports...
- May 22nd, 2023 at 7:58 am

A Look at Some Beaten Up Cannabis Stocks

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...
- May 21st, 2023 at 6:41 pm

Canadian Cannabis Sales Move Higher in March

Statistics Canada released March retail sales for the country, with cannabis sales rising from the February levels, up 11.3% to C$405.5 million. February was revised slightly lower to C$364.3...
- May 19th, 2023 at 8:51 am

Fire and Flower Q1 Revenue Lifts 41% Over Short Q4

  Fire & Flower Announces First Quarter Fiscal 2023 Financial and Operational Results Fourth consecutive quarter of year-over-year same store sales and retail gross profit growth on the continued...
- May 15th, 2023 at 7:37 am

3 Bear Market Bargains

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...
- May 14th, 2023 at 6:19 pm

Nova Cannabis Q1 Revenue Falls 2% Sequentially

Nova Announces First Quarter 2023 Results First quarter revenue growth of 20.8%; gross margin improvement to 21.4%; and Adjusted EBITDA growth of 127% to $3.2 million EDMONTON, AB, May...
- May 11th, 2023 at 6:47 am

Village Farms Q1 Cannabis Sales Fall 10% Sequentially

Village Farms International Reports Financial Results for First Quarter 2023 Canadian Cannabis Business Maintains Number Two Market Share Position Nationally, Including Number Two Position in Quebec Canadian Cannabis Retail...
- May 10th, 2023 at 7:45 am

Cronos Group Q1 Revenue Falls 12% Sequentially

Cronos Group Reports 2023 First Quarter Results Industry-leading balance sheet with $836 million in cash and short-term investments Targeting positive cash flow in 2024 Net revenue in Canada increased...
- May 9th, 2023 at 8:12 am

Cannabis Sectors Slide Again in April

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...
- May 1st, 2023 at 8:46 am

SAFE Banking Won’t Do It

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...
- April 30th, 2023 at 6:31 pm

Which State Will Be Next to Legalize Cannabis?

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...
- April 23rd, 2023 at 6:35 pm