Cannabis Company News

MariMed Q3 Revenue Increases 3% Sequentially to $33.9 Million

MariMed Reports Third Quarter 2022 Earnings NORWOOD, Mass., Nov. 07, 2022 (GLOBE NEWSWIRE) — MariMed, Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on...
- November 7th, 2022 at 5:38 pm

Acreage Holdings Reports Q3 Revenue Flat Sequentially at $61.4 Million

Acreage Reports Third Quarter 2022 Financial Results Delivered robust revenue of $61.4 million for Q3 2022, a 28% increase year-over-year Continued strong profitability with Adjusted EBITDA* of $8.8M, a 36% increase vs. Q3 2021 Subsequent to quarter-end, entered a new...
- November 7th, 2022 at 5:24 pm

Earnings and Elections Showdown

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...
- November 6th, 2022 at 5:55 pm

Growth in Cannabis Sales Remains Weak in September

New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s monthly cannabis sales data for 11 states. Cannabis sales decreased 2.2% in September compared to August according to...
- November 4th, 2022 at 1:45 pm

Cannabis Stocks Rally Substantially in October

As we described in an earlier article, the Global Cannabis Stock Index recovered strongly from the challenging September in October, gaining 17.1%  The index is still down 59.9% in 2022. In...
- November 1st, 2022 at 9:53 am

HEXO Q4 Revenue Declines 7% Sequentially to C$42.5 Million

HEXO Reports Q4’22 and FY22 Financial Results Organizational reset strengthened the business and has positioned HEXO for long-term success This news release constitutes a “designated news release” for the...
- November 1st, 2022 at 6:52 am

This Strategic Switcheroo Doesn’t Excite Us

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...
- October 30th, 2022 at 6:19 pm

Cannabis Stocks Are About to Kick Off Earnings Season

The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. October was a light month for reporting. Tracker Rules This...
- October 28th, 2022 at 4:04 pm

Verano Refinances $350 Million Credit Facility

Verano Refinances $350 Million Credit Facility with Significant Optionality to Bolster Strategic Growth Plans Verano refinances existing $350 million credit facility, extending the maturity with a four-year term Floating...
- October 27th, 2022 at 8:53 am

The Green Organic Dutchman to Merge With BZAM Cannabis

The Green Organic Dutchman Enters Into a Definitive Agreement To Merge With BZAM Cannabis Creates sixth largest Canadian Licensed Producer(1) with right sized facilities in the largest provinces and a...
- October 19th, 2022 at 9:41 am

Verano Ditches Deal to Buy Goodness Growth

Verano Announces Termination of Arrangement Agreement to Acquire Goodness Growth Holdings Inc. CHICAGO, Oct. 14, 2022 (GLOBE NEWSWIRE) — Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the...
- October 14th, 2022 at 7:22 am

Valens Q3 Revenue Declines 15% Sequentially to C$20.3 Million

The Valens Company Reports Third Quarter Fiscal 2022 Financial Results Cash flow from operations improved by $12.2 million quarter-over-quarter, exceeding previous guidance Continued to realize the benefits of Integration Initiatives, with...
- October 13th, 2022 at 7:27 am

Lowell Farms Lights Up a Pre-Roll to Boost Its Brand

Exclusive Interview with Lowell Farms Chairman George Allen California cannabis company Lowell Farms (CSE: LOWL) (OTCQX: LOWLF) is aiming to become a leading cannabis brand. The company is finding...
- October 12th, 2022 at 2:27 pm

TerrAscend Borrows $45.5 Million From Pelorus Equity Group

TerrAscend Announces Closing of US$45.5 Million Non-Brokered Debt Financing Non-dilutive financing to strengthen balance sheet and fund growth initiatives TORONTO, Oct. 12, 2022 /CNW/ – TerrAscend Corp. (“TerrAscend” or the “Company”) (CSE: TER) (OTCQX:...
- October 12th, 2022 at 8:29 am