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

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