Cannabis Stocks Extend the Big Decline

Cannabis stocks, as measured by the Global Cannabis Stock Index, were quite volatile in 2024. The index dropped 7.5% in December to push the yearly close down 15.2% for the...
- February 28th, 2025 at 4:20 pm

MSO Results Have Been Okay

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 27th, 2025 at 3:29 pm

Verano Q4 Falls Slightly Below Expectations

Verano Announces Fourth Quarter and Full Year 2024 Financial Results Fourth Quarter 2024 Financial Highlights Revenues, net of Discounts, of $218 million, a decrease of 8% year-over-year, and an...
- February 27th, 2025 at 6:41 am

Trulieve Q4 Revenue Lifts as Adjusted EBITDA Soars

Trulieve Reports Fourth Quarter and Full Year 2024 Results Highlighting Margins and Cash Flow Fourth quarter revenue of $301 million, up 5% year over year, exceeding guidance Gross margin...
- February 27th, 2025 at 6:23 am

GTI Revenue and Adjusted EBITDA Were Better Than Expected

CHICAGO and VANCOUVER, British Columbia, Feb. 26, 2025 (GLOBE NEWSWIRE) — Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer...
- February 26th, 2025 at 4:15 pm

Illinois Cannabis Sales Drop in January

Illinois released sales figures for adult-use cannabis in January today, a bit later than normal. They were down 8.5% sequentially to $140.2 million. The year-over-year growth was 4.8%, better than the decline...
- February 25th, 2025 at 5:06 pm

Big Cannabis Companies Are Set to Report Q4 Financials

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 November, when we reviewed the Q3...
- February 23rd, 2025 at 6:30 am

Canadian Cannabis Sales Soared in December

Statistics Canada released December retail sales for the country, with cannabis sales increasing from the November levels, up 10.0% to a record C$499.7 million.  This was an increase on a per-day...
- February 21st, 2025 at 8:41 am

Cannabis Investor Patience Is Being Tested

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 20th, 2025 at 8:55 am

Greenlane Raises $25 Million Selling Units at $1.19

Greenlane Holdings, Inc. Announces $25.0 Million Private Placement Priced at the Market Under Nasdaq Rules BOCA RATON, FL / ACCESS Newswire / February 18, 2025 / Greenlane Holdings, Inc....
- February 18th, 2025 at 9:12 am

Too Much Love for This MSO

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 13th, 2025 at 8:53 am

Michigan Cannabis Sales Begin 2025 Badly

Michigan cannabis sales for January rose slightly from a year ago and fell sequentially by 6.9%. At $247.3 million, sales were up 1.9% from a year earlier: The Michigan Cannabis Regulatory...
- February 12th, 2025 at 5:12 pm

iAnthus Arizona Asset Sale Yields $36.5 Million

iAnthus Strengthens Portfolio with $36.5M Sale of Select Arizona Assets to Sonoran Roots Transaction Supports iAnthus’ Focus on Key Growth Markets While Maintaining Presence in Arizona NEW YORK and...
- February 7th, 2025 at 8:34 am

This Was Not the Catalyst

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 6th, 2025 at 8:16 am

Cannabis Sales Begin 2025 Shrinking Sequentially

New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s monthly cannabis sales data for 15 states. Cannabis sales decreased 1.3% sequentially in January. In this review, we...
- February 5th, 2025 at 2:46 pm

Illinois Cannabis Sales Exceeded $2 billion in 2024

Illinois released sales figures for adult-use cannabis in December today, a bit later than normal. They were up 2.7% sequentially to $153.2 million. On a per-day basis, sales fell slightly. The year-over-year...
- February 5th, 2025 at 1:34 pm

The Cannabis Sub-Sectors Were Mixed in January

As we described in an article released earlier, the Global Cannabis Stock Index moved lower again in January, falling 7.3%. It was down 15.2% in 2024. In this article, we summarize the...
- January 31st, 2025 at 5:13 pm

Cannabis Stocks Begin 2025 Badly

Cannabis stocks, as measured by the Global Cannabis Stock Index, were quite volatile last year. The index dropped 7.5% in December, and it is off to a bad start in...
- January 31st, 2025 at 4:15 pm

The Main Reason Canadian Cannabis Stocks Are Falling

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...
- January 30th, 2025 at 7:59 am

Cannabis REIT Reports Default Resolution

Innovative Industrial Properties Reports Resolution to Default by PharmaCann SAN DIEGO–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange...
- January 30th, 2025 at 7:06 am