BC Helps Drive Canadian Cannabis Sales Higher in April

Statistics Canada released April retail sales for the country, with cannabis sales rising from the March levels, up 1.3% to C$411.7 million. March was revised slightly higher to C$406.4 million. The...
- June 21st, 2023 at 8:51 am

Still a Smarter Way

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...
- June 18th, 2023 at 6:25 pm

High Tide Q2 Revenue Flat to Q1 at C$118.1 Million

High Tide Reports Third Consecutive Quarter of Record Revenue and Adjusted EBITDA of $118.1 Million and $6.6 Million, Respectively The Company Achieved Significant Sequential Improvement in Cost Reduction in...
- June 14th, 2023 at 4:30 pm

Aurora Q3 Cannabis Sales Slip 3% to C$53.3 Million

Aurora Cannabis Announces Fiscal 2023 Third Quarter and Files Full Year Results Achieves Second Sequential Quarter of Positive Adjusted EBITDA1 Net Revenue Reaches $64 Million, Increasing 4% Sequentially and...
- June 14th, 2023 at 7:37 am

A Couple of More Buy Ideas

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...
- June 11th, 2023 at 6:20 pm

Michigan May Cannabis Sales Stall

Michigan cannabis sales fell 0.1% in May from the shorter April to $245.9 million. On a per-day basis, sales slipped 3.3%. The growth of 31.9% from a year ago was...
- June 9th, 2023 at 10:48 am

Cannabis Sales Slip

New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s monthly cannabis sales data for 11 states. Cannabis sales decreased 2.5% sequentially in April after increasing 11.7% in March...
- June 6th, 2023 at 2:43 pm

Illinois Cannabis Sales Stall in May

Illinois adult-use cannabis sales in May were up a bit sequentially to $100.0 million, but this gain of 0.6% was less than the expansion of the number of days...
- June 5th, 2023 at 1:45 pm

This Beaten Up Cannabis ETF Is Not Attractive

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...
- June 4th, 2023 at 6:20 pm

Cannabis Stocks Slide Again in May

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...
- June 1st, 2023 at 7:43 am

Why Cannabis Stocks Continue Getting Clobbered

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...
- May 28th, 2023 at 6:20 pm

Tilray Brands Prices $150 Million Convertible Notes

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...
- May 26th, 2023 at 5:55 am

Cresco Labs Q3 Revenue Drops 3% Sequentially

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...
- May 24th, 2023 at 7:58 am

Acreage Q1 Revenue Slips

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...
- May 23rd, 2023 at 7:16 am

The Q1 Earnings Season Was Not Especially Helpful

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...
- May 22nd, 2023 at 7:58 am

A Look at Some Beaten Up Cannabis Stocks

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...
- May 21st, 2023 at 6:41 pm

Canadian Cannabis Sales Move Higher in March

Statistics Canada released March retail sales for the country, with cannabis sales rising from the February levels, up 11.3% to C$405.5 million. February was revised slightly lower to C$364.3...
- May 19th, 2023 at 8:51 am

Curaleaf Q1 Revenue Falls 2% Sequentially

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...
- May 17th, 2023 at 5:01 pm

Ayr Wellness Q1 Revenue Increases 4% Sequentially

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...
- May 16th, 2023 at 7:33 am