Michigan Cannabis Sales March

Michigan cannabis sales climbed 15.4% in  March from the shorter February, reaching $249.7 million, a record. On a per-day basis, sales increased 4.2%. The growth of 62.9% from a year...
- April 12th, 2023 at 1:15 pm

Organigram Q2 Revenue Slips 9% Sequentially

Organigram Reports Second Quarter Fiscal 2023 Results Continues trend of improving Adjusted Gross Margin and fifth consecutive quarter of positive Adjusted EBITDA FINANCIAL HIGHLIGHTS Net revenue of $39.5 million,...
- April 11th, 2023 at 8:27 pm

Tilray Q3 Cannabis Revenue Falls 5% Sequentially

Tilray Brands Reports Third Quarter Fiscal Year 2023 Financial Results and Announces Accretive Acquisition of 100% of HEXO Corp. Delivered $145.6 Million in Net Revenue and 16th Consecutive Quarter of...
- April 10th, 2023 at 4:47 pm

Tilray to Acquire Balance of HEXO Corp

HEXO Corp. Announces Acquisition by Tilray Brands GATINEAU, Québec, April 10, 2023–(BUSINESS WIRE)–HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (“HEXO” or the “Company”) announces that it has entered into a...
- April 10th, 2023 at 4:21 pm

Curaleaf Closes $20 Million Utah Acquisition

Curaleaf Completes Acquisition of Deseret Wellness Transaction Bolsters Curaleaf’s Presence in Utah as State’s Largest Retail Operator NEW YORK, April 10, 2023 /PRNewswire/ — Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) (“Curaleaf” or the “Company”), a...
- April 10th, 2023 at 8:22 am

Cannabis Resurrection

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...
- April 9th, 2023 at 7:01 pm

Illinois Cannabis Sales Lift Slightly During March

After surging to end the year and then falling in January and February, Illinois adult-use cannabis sales rose 11.9% sequentially in March to $134.8 million, which was up 1.0%...
- April 5th, 2023 at 2:21 pm

Cannabis Sales Slow in Most States in February

New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s monthly cannabis sales data for 11 states. Cannabis sales decreased 2.1% sequentially in  the short February after decreasing...
- April 4th, 2023 at 7:49 am

Greenlane Q4 Revenue Declines 23% Sequentially

Greenlane Reports Q4 2022 Revenue of $22.0 Million and FY 2022 Revenue of $137.1 Million Company Expects Newly Implemented Strategic Plan to Result in Positive Adjusted EBITDA by Q4...
- April 3rd, 2023 at 5:05 pm

These 3 Cannabis Sectors Sank in March

As we described in a previous article, the Global Cannabis Stock Index fell in February after rising to begin the year. In March, the index plunged 15.2%, leaving it down 12.5%...
- April 2nd, 2023 at 8:27 pm

Cheap But Getting Cheaper

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...
- April 2nd, 2023 at 6:21 pm

The Global Cannabis Stock Index Tumbles in March

After a big rally in January to begin the year followed by a moderate loss in February, the Global Cannabis Stock Index plunged 15.2% in March to 8.50: After falling 23.7% in...
- March 31st, 2023 at 4:23 pm

Auxly Q4 Revenue Bounces

Auxly Reports Fourth Quarter And Full Year 2022 Financial Results And Provides Outlook For 2023 TORONTO, March 31, 2023 /PRNewswire/ – Auxly Cannabis Group Inc. (TSX: XLY) (OTCQB: CBWTF)...
- March 31st, 2023 at 8:03 am

Greentank Technologies Raises $16.5 Million

  Greentank Technologies Closes $16.5M USD Series B Investment to accelerate the company’s R&D and manufacturing capabilities as a leading technology provider for the global vape industry TORONTO, March 31,...
- March 31st, 2023 at 8:00 am

Jushi Holdings Q4 Revenue Increases 6% Sequentially

Jushi Holdings Inc. Reports Unaudited, Preliminary Fourth Quarter and Full Year 2022 Financial Results Q4 2022 Revenue Increased 16.6% YoY to $76.8 million and FY 2022 Revenue Increased 35.8%...
- March 31st, 2023 at 7:41 am

The Parent Company Q4 Revenue Increases 2% Sequentially

The Parent Company Reports Preliminary Fourth Quarter and Full Year 2022 Financial Results Reports 2% sequential and 5% annual revenue growth  Cost savings initiatives generated a 10% improvement in...
- March 31st, 2023 at 7:34 am

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