4Front Ventures Q4 Revenue Declines 3% Sequentially

4Front Ventures Reports Fourth Quarter and Full Year 2022 Financial Results Systemwide Pro Forma Revenue of $139.4 million for FY 2022 and $35.6 million for Q4 2022, representing a...
- March 30th, 2023 at 4:52 pm

Verano Holdings Q4 Revenue Falls 1% Sequentially

Verano Reports Fourth Quarter and Full Year 2022 Financial Results Company Delivers Record Revenue of $879 Million, a 19% Year-Over-Year Increase CHICAGO, March 30, 2023 (GLOBE NEWSWIRE) — Verano...
- March 30th, 2023 at 7:37 am

Schwazze Q4 Revenue Declines 7% Sequentially

SCHWAZZE ANNOUNCES FOURTH QUARTER 2022 & YEAR-END 2022 RESULTS Record 2022 Revenue Increases 47% to $159.4 Million Compared to $108.4 Million in 2021 Company Continues to Grow Positive Cash...
- March 29th, 2023 at 5:28 pm

Curaleaf Holdings to Make $20 Million Utah Acquisition

Curaleaf Announces Acquisition of Deseret Wellness Transaction Strengthens Curaleaf’s Presence in Utah as State’s Largest Retail Operator Upon Close, the Company’s Retail Footprint Will Increase to Four Dispensaries in Utah and 150 Nationwide NEW...
- March 29th, 2023 at 8:21 am

Columbia Care Q4 Revenue Declines 5% Sequentially

Columbia Care Reports Fourth Quarter and Full Year 2022 Results Record Annual Revenue of $511.6 Million, an Increase of 11% YoY Record Annual Gross Profit of $201.2 Million, an...
- March 29th, 2023 at 7:41 am

Nova Cannabis Q4 Revenue Increases 4% Sequentially

Nova Announces Fourth Quarter and Year End 2022 Results Fourth quarter sales growth of 4.2% and increased gross margin percentage to 20.8% from 18.9% compared to the third quarter...
- March 29th, 2023 at 7:09 am

Fire & Flower Revenue Falls 30% Sequentially in Short Q4

Fire & Flower Continues Improved Retail Performance in Fourth Quarter and Fiscal 2022 Results Results include the 9-week quarter and the 48-week fiscal year ended December 31, 2022 for the Company’s...
- March 28th, 2023 at 7:36 am

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...
- March 26th, 2023 at 6:20 pm

Canadian Cannabis Sales Slide 7% Sequentially

Statistics Canada released January retail sales for the country, with cannabis sales falling from the inflated December levels, down 7.1% to C395.5 million.  December was unrevised at C$425.9 million. The sales...
- March 24th, 2023 at 8:56 am

Planet 13 Q4 Revenue Declines 3% Sequentially

Planet 13 Announces Q4 2022 Financial Results Q4 2022 Revenue of $24.8 million, compared to $25.6 million in Q3 2022 Q4 2022 Net loss of $38.6 million driven by...
- March 23rd, 2023 at 5:12 pm

Cannabis Earnings Season Has Been Challenging

The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. December and January were a slow period for reporting, and...
- March 23rd, 2023 at 8:18 am

Finding Opportunity in Crashed Cannabis SPACs

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...
- March 19th, 2023 at 6:22 pm

High Tide Q1 Revenue Increases 9% Sequentially

High Tide Reports Second Consecutive Quarter of Record Revenue and Adjusted EBITDA; $118 Million and $5.5 Million, Respectively The Company Also Reports Year-Over-Year Increase in Free Cash Flow¹ From...
- March 17th, 2023 at 4:27 pm

TerrAscend Q4 Revenue Increases 4% Sequentially

TerrAscend Reports Record Fourth Quarter and Full Year 2022 Net Revenue Fourth quarter 2022 record Net Revenue of $69.0 million, an increase of 50.3% year-over-year and 4.2% quarter-over-quarter Fourth...
- March 16th, 2023 at 5:15 pm

Michigan Cannabis Sales Jump 40% to $216 Million

Michigan cannabis sales climbed 4.4% in February from January, reaching $216.4 million. On a per-day basis, sales increased 15.6%. The growth of 39.8% from a year ago was the highest...
- March 16th, 2023 at 2:22 pm