July Cannabis Sales Slow

New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s monthly cannabis sales data for 11 states. Cannabis sales increased 0.8% sequentially in July after increasing 0.3% in...
- September 6th, 2023 at 8:22 am

Illinois Cannabis Sales Stall in August

Illinois adult-use cannabis sales in August were down a bit sequentially to $139.2 million, a decline of 0.6% from July. The gain was 7.6% from a year ago: After increasing 106%...
- September 5th, 2023 at 2:33 pm

Cannabis Stocks May Escape From Hell

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...
- September 3rd, 2023 at 7:52 am

Many Cannabis Companies See Stocks Soar in August

As we described in a previous article, the Global Cannabis Stock Index rallied for the second consecutive month on a huge late-month surge. That index is now down  down 6.4% year-to-date, which...
- September 1st, 2023 at 7:56 am

Here’s Why These Cannabis ETFs Aren’t Very Good

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 27th, 2023 at 7:56 am

Canadian Cannabis Sales Pick Up Strongly in June

Statistics Canada released June retail sales for the country, with cannabis sales rising from the May levels, up 2.6% to C$426.6 million, a new record for a month. May was revised...
- August 23rd, 2023 at 8:42 am

Cannabis Company Financial Reports Don’t Impress

The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. Most of the companies have just reported for the quarter...
- August 20th, 2023 at 1:23 pm

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

Hydrofarm Q2 Revenue Increases 1% From Q1

Hydrofarm Holdings Group Announces Second Quarter 2023 Results Shoemakersville, PA — August 9, 2023 — Hydrofarm Holdings Group, Inc. (“Hydrofarm” or the “Company”) (Nasdaq: HYFM), a leading independent manufacturer...
- August 9th, 2023 at 4:39 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