Trulieve Completes Harvest Health & Recreation Acquisition

Trulieve Completes Acquisition of Harvest Health & Recreation Inc. Creating the Largest and Most Profitable U.S. Cannabis Operator Combined Company Platform Poised for Accelerated Growth Industry Leading Footprint in...
- October 1st, 2021 at 7:07 am

Cresco Labs to Move Away From Third-Party Distribution in California

Cresco Labs Shifts to Owned-Brand Distribution in California to Increase Profitability, Reduces Third Party Distribution CHICAGO, September 30, 2021–(BUSINESS WIRE)– Cresco Labs Inc. (CSE:CL) (OTCQX:CRLBF) (“Cresco Labs” or “the...
- September 30th, 2021 at 6:30 pm

Trulieve to Borrow $350 Million at 8% for 5 Years

Trulieve Announces $350 Million Private Placement of 8% Senior Secured Notes Leverages Industry Leading Balance Sheet to Provide for Retirement of Certain Harvest Health & Recreation Debt Upon Completion...
- September 30th, 2021 at 5:08 pm

American Cannabis Operator Index Declines 2.7% in September

The American Cannabis Operator Index fell for the seventh straight month after having scored five straight monthly gains, declining 2.7% to 54.47: During Q3, the index lost 22.8%. After gaining 45.7%...
- September 30th, 2021 at 4:33 pm

Aurora Cannabis Q4 Revenue Declines 20% to $54.8 Million

Aurora Cannabis Announces Fiscal 2021 Fourth Quarter Results #1 Canadian LP in Global Medical Cannabis; Total Medical Cannabis Net Revenue Rose 9% Compared to Prior Year; Strong Adjusted Gross...
- September 27th, 2021 at 4:47 pm

This Cannabis ETF Is Bouncing

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...
- September 26th, 2021 at 10:55 am

MedMen Q4 Revenue Increases 55% to $42 Million

MedMen Reports 55% Year-Over-Year Quarterly Revenue Growth and Second Consecutive Quarter of Growth in Both Revenue and Retail Adjusted EBITDA Company Continues to Execute Against MedMen 2.0 Growth Plan,...
- September 23rd, 2021 at 4:27 pm

Skymint Raises $78 Million and Expands in Michigan Cannabis Market

SKYMINT Acquires 3Fifteen Cannabis and Completes Concurrent $78 Million Financing From SunStream Bancorp and Merida Capital, Solidifying its Position as Michigan’s top Cannabis Cultivator, Manufacturer, Retailer, and Employer Transactions...
- September 21st, 2021 at 11:06 am