Cannabis Company News

Ayr Wellness Q2 Revenue Declines 1% Sequentially

AYR Wellness Reports Second Quarter 2023 Results Revenue up 18% Y/Y to $116.7 Million, Excluding Discontinued Operations Company Delivers Record Adjusted EBITDA1 of $29.4 Million, up 78% Y/Y, 12%...
- August 17th, 2023 at 5:06 am

Cresco Q2 Revenue Increases 2% From Q1 to $197.9 Million

Cresco Labs Reports Second Quarter 2023 Results Year-of-the-Core initiatives delivered strong improvements in gross margin, adjusted EBITDA and operating cash flow CHICAGO–(BUSINESS WIRE)–Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF)...
- August 16th, 2023 at 7:43 am

How Low Does It Go?

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...
- August 13th, 2023 at 6:08 pm

Canopy Growth Q1 Cannabis Revenue Jumps 12% Sequentially

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...
- August 9th, 2023 at 6:03 pm

Curaleaf Q2 Revenue Lifts 1% Sequentially

Curaleaf Reports Second Quarter 2023 Results Second quarter 2023 revenue of $339 million, representing an increase of 4% year-over-year, and adjusted EBITDA¹ of $70 million Second quarter 2023 operating...
- August 9th, 2023 at 4:17 pm

Cannabis Fuels Strong Growth at Village Farms in Q2

  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...
- August 9th, 2023 at 7:55 am

Trulieve Q2 Revenue Slips 3% Sequentially to $281.8 Million

Trulieve Reports Second Quarter 2023 Results Highlighting Progress on 2023 Plan Sold 11.6 million units of branded product through branded retail, up 9% sequentially Maryland dispensary traffic increased 200%...
- August 9th, 2023 at 7:15 am

Ascend Wellness Q2 Revenue Increases to Record $123 Million

AWH ANNOUNCES Q2 2023 FINANCIAL RESULTS Reported Record Quarterly Revenue Achieved $123.0M Net Revenue in Q2 2023, a 26.1% Increase Year-Over-Year and 7.7% Increase Quarter-Over-Quarter Generates Positive Cash from...
- August 8th, 2023 at 4:51 pm

GTI Q3 Revenue Increases 2% Sequentially to $252 Million

Green Thumb Industries Reports Second Quarter 2023 Results CHICAGO and VANCOUVER, British Columbia, Aug. 08, 2023 (GLOBE NEWSWIRE) — Green Thumb Industries Inc. (“Green Thumb” or “the Company”) (CSE:...
- August 8th, 2023 at 4:19 pm

Cronos Group Reports Weaker Q2

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...
- August 8th, 2023 at 7:45 am

Slow Growth

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...
- August 6th, 2023 at 6:50 pm

Ancillary Cannabis Stocks Again Outpaced the Sector

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...
- August 1st, 2023 at 8:09 am

The Global Cannabis Stock Index Jumps in July

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...
- July 31st, 2023 at 4:36 pm

Cresco Labs and Columbia Care Terminate Merger

Cresco Labs and Columbia Care Mutually Agree to Terminate Merger Cresco Labs (CSE:CL) (OTCQX:CRLBF) (FSE: 6CQ) (“Cresco” or “the Company”) and Columbia Care (NEO:CCHW) (CSE:CCHW) (OTCQX:CCHWF) (“Columbia Care”) today...
- July 31st, 2023 at 8:46 am

This Part of the Cannabis Market Is Relatively Strong

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...
- July 30th, 2023 at 6:21 pm

Get Ready for Cannabis Company Financial Updates

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...
- July 28th, 2023 at 9:07 am

We Are Not There Yet

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...
- July 23rd, 2023 at 6:25 pm

Canopy Growth Has Gone From Hero to Potential Zero

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...
- July 16th, 2023 at 6:20 pm

Organigram Q3 Revenue Declines 17% Sequentially

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...
- July 14th, 2023 at 5:20 am

Cannabis Investors Shouldn’t Fear This Situation

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...
- July 9th, 2023 at 6:19 pm