A Sign of Trouble for the MSOs

You’re reading 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 help our readers...
- March 1st, 2024 at 3:57 pm

Ancillary Cannabis Stocks Stand Out in February

As we described in a previous article, the Global Cannabis Stock Index extended the bounce from November after the huge October loss, rallying 8.1% in December. That index was down 20.1% in 2023,...
- March 1st, 2024 at 5:18 am

Global Cannabis Stock Index Slips in February

Cannabis stocks, as measured by the Global Cannabis Stock Index,  exploded higher in late August on news that the Department of Health and Human Services had recommended to the DEA...
- February 29th, 2024 at 4:27 pm

Trulieve Beats Expectations in Q4

Trulieve Reports Fourth Quarter and Full Year 2023 Results Highlighting Year End Momentum and Cash Generation Fourth quarter performance delivered highest revenue and gross margin for the year Record...
- February 29th, 2024 at 6:20 am

Verano Q4 Revenue Declines 1% Sequentially

Verano Announces Fourth Quarter and Full Year 2023 Financial Results Record Revenue of $938 Million Increased 2023 Net Cash Provided by Operating Activities by 16% to $110 Million Generated...
- February 29th, 2024 at 6:02 am

GTI Posts Better-Than-Expected Q4

  CHICAGO and VANCOUVER, British Columbia, Feb. 28, 2024 (GLOBE NEWSWIRE) — Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis...
- February 28th, 2024 at 4:15 pm

This Cannabis Sector Is Down In 2024

You’re reading 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 help our readers...
- February 23rd, 2024 at 4:09 pm

Cannabis Sales Remain Soft in Canada

Statistics Canada released December retail sales for the country, with cannabis sales increasing from the weak November levels, up 8.2% to C$441.2 million. October was revised lower to C$407.9 million. The sales,...
- February 22nd, 2024 at 8:49 am

The MSOs Have Plunged

You’re reading 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 help our readers...
- February 16th, 2024 at 4:07 pm

Organigram Q1 Revenue Declines

Organigram Reports First Quarter Fiscal 2024 Results Achieved positive cash flow from operations, solidified #2 market position in Canada among licensed producers, significantly improved margins sequentially quarter-over-quarter, and closed...
- February 13th, 2024 at 6:23 am

Canopy Growth May Go Away

You’re reading 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 help our readers...
- February 9th, 2024 at 4:02 pm

Michigan Cannabis Sales Sink

Michigan cannabis sales for January were were down sequentially after a lift in December. At $242.8 million, sales plunged 13.5% sequentially after setting a record in December. They were up 17.1%...
- February 9th, 2024 at 3:23 pm

Canopy Growth Burns Cash Again in Q3

Canopy Growth Reports Third Quarter Fiscal Year 2024 Financial Results; Achieves Third Quarter of Sequential Revenue Growth across Canada Cannabis Businesses and a Record Quarter for Medical Sales Canada...
- February 9th, 2024 at 7:33 am

Aurora Cannabis Expands With Australian Acquisition

Aurora Cannabis Acquires MedReleaf Australia Aurora becomes the largest global medical cannabis company operating in nationally legal markets. MedReleaf Australia holds the #2 position in medical cannabis within the...
- February 8th, 2024 at 7:08 am

Hawthorne Revenue Plunges in Q1

ScottsMiracle-Gro Reports First Quarter Results Early Season Lawn and Garden Performance In-line with Expectations Company Reaffirms Full-year Non-GAAP Adjusted Gross Margin Improvement of 250 bps and Full-year Non-GAAP Adjusted...
- February 7th, 2024 at 7:18 am

Cannabis Markets Show Improved Growth Again

New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s monthly cannabis sales data for 11 states. Cannabis sales increased 1.0% sequentially in December after decreasing a small amount...
- February 5th, 2024 at 12:11 pm

The MSOs Are Quite Risky

You’re reading 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 help our readers...
- February 2nd, 2024 at 4:08 pm

Soaring MSOs Lead Cannabis Stocks Higher in January

As we described in a previous article, the Global Cannabis Stock Index extended the bounce from November after the huge October loss, rallying 8.1% in December. That index was down 20.1% in 2023,...
- February 1st, 2024 at 5:58 am

Global Cannabis Stock Index Leaps in January

Cannabis stocks, as measured by the Global Cannabis Stock Index,  exploded higher in late August on news that the Department of Health and Human Services had recommended to the DEA...
- January 31st, 2024 at 4:25 pm