AFC Gamma Finances Florida Cannabis Company

AFC Gamma Provides Sunburn Cannabis with a Total of $34.0 Million Across Senior Secured Credit Facilities Represents AFC Gamma’s Second Transaction in Florida’s Growing Medical Cannabis Market WEST PALM...
- March 26th, 2024 at 8:44 am

Be Careful In Canada

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 22nd, 2024 at 9:25 am

Canadian Cannabis Sales Slump

Statistics Canada released January retail sales for the country, with cannabis sales decreasing from the December levels, down 11.5% to C$400.7 million. December was revised higher to C$451.8 million. The sales...
- March 22nd, 2024 at 8:44 am

Ispire Technology Sells 2.05 Million Shares at $6.00

Ispire Technology Announces Pricing of $12.3 Million Public Offering LOS ANGELES, March 22, 2024 /PRNewswire/ — Ispire Technology Inc. (“Ispire” or the “Company”) (NASDAQ: ISPR), a leader in the...
- March 22nd, 2024 at 8:00 am

Cannabist Closes Convertible Note Offering

The Cannabist Company Announces Closing of US$25.75 Million Private Placement Offering of 9% Senior Secured Convertible Debentures Due 2027 US$6.25 Million of total will be issued in exchange for...
- March 19th, 2024 at 1:07 pm

Cannabis Company Q4 Financials Were Not Exciting

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 late late February, and...
- March 16th, 2024 at 12:16 pm

Disappearing Cannabis Cash

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 15th, 2024 at 7:49 am

TerrAscend Q4 Dips From Strong Q3

TerrAscend Reports Fourth Quarter and Full Year 2023 Financial Results Full year 2023 record Net Revenue of $317.3 million, an increase of 28.0% year-over-year Full year 2023 Gross Profit...
- March 14th, 2024 at 4:31 pm

Michigan Cannabis Sales Bounce Back

Michigan cannabis sales for February were up sequentially after falling sharply in January. At $261.0 million, sales rose 7.5% sequentially but were still below the record set in December. They were...
- March 14th, 2024 at 11:15 am

GrowGeneration Q4 Revenue Falls Less Than Expected

GrowGeneration Reports Fourth Quarter and Full Year 2023 Financial Results; Provides First Quarter and Full Year 2024 Guidance Full Year Net Revenue of $225.9 million, Beating Guidance Full Year...
- March 13th, 2024 at 4:21 pm

Cresco Labs Q4 Revenue Declines

  Cresco Labs Reports Fourth Quarter & Full Year 2023 Financial Results Demonstrating Significant Profitability and Cash Flow Improvements Continued execution of Year-of-the-Core strategy delivers strong gains to the...
- March 13th, 2024 at 8:01 am

Cannabist Q4 Revenue Slips Sequentially

  The Cannabist Company Reports Fourth Quarter and Full Year 2023 Results NEW YORK–(BUSINESS WIRE), 03/13/24–The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company”...
- March 13th, 2024 at 7:38 am

AYR Wellness Generates Flat Revenue in Q4

AYR Wellness Reports Fourth Quarter and Full Year 2023 Results FY 2023 Revenue up 10% to $463.6 Million, Excluding Discontinued Operations FY 2023 GAAP Loss from Operations Improved to...
- March 13th, 2024 at 7:24 am

Ascend Q4 Revenue Increases 25%

AWH ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS Q4 2023 Net Revenue Increased 25% Year-over-Year to $140 million Q4 2023 Adjusted EBITDA Increased 15% Year-over-Year to $32...
- March 12th, 2024 at 7:28 am

More Selling After Good Financial Reports

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 8th, 2024 at 4:01 pm

Curaleaf Q4 Revenue Grows 4% Sequentially

Curaleaf Reports Fourth Quarter and Full Year Ended 2023 Results Fourth quarter 2023 revenue of $345 million, representing an increase of 4% quarter-over-quarter. Fourth quarter 2023 adjusted EBITDA(1) of...
- March 6th, 2024 at 4:15 pm

Cannabis Markets See Sales Plunge

New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s monthly cannabis sales data for 11 states. Cannabis sales decreased 7.1% sequentially in January after increasing a small amount...
- March 5th, 2024 at 3:19 pm

Planet 13 Sells Stock

Planet 13 Announces Pricing of Public Offering of Units LAS VEGAS, March 5, 2024 /PRNewswire/ – Planet 13 Holdings Inc. (CSE: PLTH) (OTCQX: PLNH) (“Planet 13” or the “Company”),...
- March 5th, 2024 at 9:51 am

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