Big MSO Curaleaf Q3 Revenue Declines

Third quarter 2024 revenue of $331 million, representing a decrease of 1% year-over-year, and adjusted gross margin(1) of 49% Third quarter International revenue increased 82% year-over-year Year to date...
- November 6th, 2024 at 4:30 pm

Scotts Miracle-Gro Cannabis Unit Q4 Revenue Falls 46%

ScottsMiracle-Gro Reports Fiscal 2024 Fourth Quarter and Full-Year Results U.S. Consumer fiscal 2024 sales up 6 percent in line with guidance; POS units up 9 percent year-over-year Full-year GAAP...
- November 6th, 2024 at 7:30 am

Trulieve Q3 Revenue Growth Slows Significantly

Trulieve Reports Third Quarter 2024 Results Ahead of Florida Adult-Use Vote Third quarter revenue of $284 million, up 3% year over year, in line with guidance Gross margin of...
- November 5th, 2024 at 6:12 am

SNDL Buys Indiva Assets

SNDL Emerges as Canada’s Leading Producer of Edibles with Indiva Acquisition CALGARY, AB, Nov. 4, 2024 /CNW/ – SNDL Inc. (Nasdaq: SNDL) (“SNDL” or the “Company”) announced today that,...
- November 4th, 2024 at 5:23 pm

Bull Market Delayed…

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...
- November 1st, 2024 at 3:13 pm

Ancillary Cannabis Stocks Continue to Lead the Sector

As we described in an article released earlier, the Global Cannabis Stock Index moved lower in October, falling 6.6%. It is now up 1.4% in 2024. In this article, we summarize the...
- October 31st, 2024 at 5:02 pm

Cannabis Stocks Begin the 4th Quarter Sliding Lower

Cannabis stocks, as measured by the Global Cannabis Stock Index,  passed the anniversary a year go when they exploded higher in late August on news that the Department of Health...
- October 31st, 2024 at 4:20 pm

Cannabis Earnings Season Is About to Begin

The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. This update is our first since  mid-August, when we reviewed the...
- October 30th, 2024 at 7:12 am

Canadian Cannabis Sales Advance Again in August

Statistics Canada released August retail sales for the country, with cannabis sales increasing from the July levels, up 2.6% to C$465.1 million.  July, originally reported at C$440.7 million, was revised higher...
- October 25th, 2024 at 8:43 am

This MSO Is Doing Some Good Things

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...
- October 24th, 2024 at 9:23 am

Cannabis REIT Borrows $50 Million at 9.0%

Chicago Atlantic Real Estate Finance Closes on $50 Million Unsecured Term Loan to Fund Deployment of New Investments Assigned BBB+ Investment Grade Rating from Egan-Jones CHICAGO, Oct. 23, 2024...
- October 23rd, 2024 at 7:43 am

SNDL Closes Nova Cannabis Acquisition

SNDL Successfully Completes Privatization of Nova and Welcomes New Director CALGARY, AB, Oct. 21, 2024 /PRNewswire/ – SNDL Inc. (Nasdaq: SNDL) (“SNDL”) and Nova Cannabis Inc. (TSX: NOVC) (“Nova”)...
- October 21st, 2024 at 9:16 am

Geography Matters for the Cannabis Industry

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...
- October 17th, 2024 at 8:47 am

Illinois Cannabis Sales Slump In September

Illinois released sales figures for adult-use cannabis in September today. They were down 7.4% sequentially to $136.5 million. On a per-day basis, sales fell 4.3%. The year-over-year growth was -2.2%, the first...
- October 16th, 2024 at 5:02 pm

Michigan Cannabis Sales Sink

Michigan cannabis sales for September fell sequentially 9.7% from August. At $266.9 million, sales were down 2.9% from a year earlier: The Michigan Cannabis Regulatory Agency breaks out sales by medical...
- October 14th, 2024 at 4:45 pm

New York Cannabis Sales Continue to Surge

The New York Office of Cannabis Management held a Control Board Meeting today that was broadcast online. Earlier this month, it published an annual report for FY2024, which ended...
- October 10th, 2024 at 3:52 pm

Don’t Dread Tilray’s Weakness

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...
- October 10th, 2024 at 8:17 am

Tilray Cannabis Revenue Falls 13% in FY25-Q1

Tilray Brands Reports Q1 2025 Financial Results Tilray Achieves 13% Year-Over-Year Growth, Generating Record Q1 Net Revenue of $200 Million Q1 Gross Margin Increases Over 500 Basis Points, Representing...
- October 10th, 2024 at 7:15 am

Florida Medical Cannabis Market Faces a Big Risk

Each week, Florida’s Office of Medical Marijuana Use (OMMU), which is part of the state’s Department of Health, releases data on the state’s medical cannabis program, including an active...
- October 5th, 2024 at 8:55 am