Publicly Traded Cannabis Stock News
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...
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...
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...
Cresco Labs Reports First Quarter 2023 Results Company remains the #1 seller of branded cannabis products CHICAGO-May 24, 2023-(BUSINESS WIRE)–Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (“Cresco...
Acreage Reports First Quarter 2023 Financial Results Achieved Ninth Consecutive Quarter of Positive Adjusted EBITDA Received Shareholder Approval for Strategic Arrangement with Canopy and Canopy USA Gained Access to...
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...
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...
Curaleaf Reports First Quarter 2023 Results First quarter 2023 revenue of $336.5 million, representing an increase of 14% year-over-year, and adjusted EBITDA(1) of $73.2 million Operating cash flow from continuing operations of $30.6 million and cash on balance...
AYR Wellness Reports First Quarter 2023 Results Excluding Discontinued Operations, Revenue up 18% Y/Y to $117.7 Million, up 3% sequentially Excluding Discontinued Operations, Adjusted EBITDA1 up 64% Y/Y to $26.3...
TILT Holdings Reports First Quarter 2023 Results PHOENIX, May 15, 2023 (GLOBE NEWSWIRE) — TILT Holdings Inc. (“TILT” or the “Company”) (NEO: TILT) (OTCQX: TLLTF), a global provider of...
Planet 13 Announces Q1 2023 Financial Results Q1 2023 Revenue of $24.9 million, compared to $24.8 million in Q4 2022 Q1 2023 Net loss of $6.3 million Q1 2023...
Greenlane Reports Q1 2023 Revenue Increase of 9% and a 32% Decrease in Operating Expenses Over Q4 2022 BOCA RATON, FL / ACCESSWIRE / May 15, 2023 / Greenlane...
Glass House Brands Reports First Quarter 2023 Financial Results Achieved Positive Free Cash Flow1 Narrowed Adjusted EBITDA2 loss to $0.1 million versus $2.6 million loss in Q4 Revenue of $29.0M, up 108% from Q1 2022...
SNDL Reports First Quarter 2023 Financial and Operational Results Synergy targets related to the Valens acquisition increased to more than $30 million through 2024 CALGARY, AB, May 15, 2023...
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...
Columbia Care Reports First Quarter 2023 Results Quarterly Revenue of $125 Million, an Increase of 1% YoY Quarterly Gross Profit of Over $47 Million, an Increase of 13% QoQ...
Jushi Holdings Inc. Reports First Quarter 2023 Financial Results Total Revenue of $69.9 Million, an increase of 12.9% YoY Net Loss of $12.4 Million, an improvement of 37.0% YoY...
TerrAscend Reports Record First Quarter 2023 Revenue First quarter 2023 record Net Revenue of $69.4 million, an increase of 42.8% year-over-year 6th consecutive quarter of sequential revenue growth and...
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...
Schwazze Announces First Quarter 2023 Financial Results Revenue Increases 26% to $40.0M Compared to $31.8M in Q1 2022 Income From Operations Grew to $5.6M Compared to ($4.8M) in Q1 2022 Adjusted EBITDA (1) of $14.5M, or 36% of...
Hydrofarm Holdings Group Announces First Quarter 2023 Results SHOEMAKERSVILLE, Pa., May 10, 2023 (GLOBE NEWSWIRE) — Hydrofarm Holdings Group, Inc. (“Hydrofarm” or the “Company”) (Nasdaq: HYFM), a leading independent...
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...
Verano Announces First Quarter 2023 Financial Results Company Capitalizes on Strength of Recently-Converted Adult Use Markets to Deliver Revenue of $227 Million, a 12% Year-Over-Year Increase CHICAGO, May 10, 2023...
Trulieve Reports First Quarter 2023 Results Marking Progress on Cash Objectives Record 4/20 results with traffic, customers served, and units sold up 10%, 11%, and 9%, respectively, year over...