Cannabis Company News

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

Canopy Growth Dilutes Its Stock After Big Rally

Canopy Growth Announces Financing to Further Strengthen Balance Sheet Including Approximately US$50 Million of New Gross Proceeds C$27.5 Millon of Debt Extended from 2025 to 2029 Providing Additional Balance...
- May 3rd, 2024 at 7:44 am

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

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

Tilray Q3 Cannabis Revenue Falls 5% Sequentially Again

Tilray Brands, Inc. Reports Q3 Fiscal 2024 Financial Results Achieved Net Revenue of $188 Million, ~ 30% Net Revenue Growth Over the Prior Year Quarter Beverage-Alcohol Net Revenue Increases...
- April 9th, 2024 at 7:21 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

Imperial Brands Sticks with Auxly but Takes Big Hit

AUXLY ANNOUNCES COMPLETION OF CONVERSION OF OVER $123 MILLION OF PRINCIPAL AND INTEREST UNDER IMPERIAL DEBENTURE Imperial Brands plc converts over $123 million in total debt to shares resulting...
- April 1st, 2024 at 7:46 am

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

Organigram Sells Units to Raise C$25 MIllion

Organigram Announces Pricing of Overnight Marketed Public Offering TORONTO–(BUSINESS WIRE), March 27, 2024–Organigram Holdings Inc. (“Organigram” or the “Company”) (TSX: OGI; NASDAQ: OGI), announces today that, in connection with...
- March 27th, 2024 at 9:07 am

AFC Gamma Finances Florida Cannabis Company

AFC Gamma Provides Sunburn Cannabis with a Total of $34.0 Million Across Senior Secured Credit Facilities Represents AFC Gamma’s Second Transaction in Florida’s Growing Medical Cannabis Market WEST PALM...
- March 26th, 2024 at 8:44 am

Be Careful In Canada

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 22nd, 2024 at 9:25 am

Cannabist Closes Convertible Note Offering

The Cannabist Company Announces Closing of US$25.75 Million Private Placement Offering of 9% Senior Secured Convertible Debentures Due 2027 US$6.25 Million of total will be issued in exchange for...
- March 19th, 2024 at 1:07 pm

Cannabis Company Q4 Financials Were Not Exciting

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 late late February, and...
- March 16th, 2024 at 12:16 pm

Disappearing Cannabis Cash

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 15th, 2024 at 7:49 am

TerrAscend Q4 Dips From Strong Q3

TerrAscend Reports Fourth Quarter and Full Year 2023 Financial Results Full year 2023 record Net Revenue of $317.3 million, an increase of 28.0% year-over-year Full year 2023 Gross Profit...
- March 14th, 2024 at 4:31 pm

Cresco Labs Q4 Revenue Declines

  Cresco Labs Reports Fourth Quarter & Full Year 2023 Financial Results Demonstrating Significant Profitability and Cash Flow Improvements Continued execution of Year-of-the-Core strategy delivers strong gains to the...
- March 13th, 2024 at 8:01 am

Cannabist Q4 Revenue Slips Sequentially

  The Cannabist Company Reports Fourth Quarter and Full Year 2023 Results NEW YORK–(BUSINESS WIRE), 03/13/24–The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company”...
- March 13th, 2024 at 7:38 am