MedMen Reports First Quarter Fiscal Year 2021 Financial Results First quarter revenue of $35.6 million, up 31% from the previous quarter Gross margin improved from 40% to 47% sequentially...
GrowGeneration Announces $125 Million Follow-On Public Offering DENVER, CO December 7, 2020 /PRNewswire/ – GrowGeneration Corp. (NASDAQ:GRWG), (“GrowGen” or the “Company”), today announced that it has publicly filed a...
A Detailed Look at Cannabis Sales in California, Oregon, Arizona, Colorado and Nevada Data provided by BDSA indicates that cannabis sales continued their robust expansion in 5 Western states,...
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...
Exclusive Interview with Curaleaf President and Incoming CEO Joseph Bayern Curaleaf (CSE: CURA) (OTCQX: CURLF) CEO Joseph Lusardi spoke with New Cannabis Ventures in May about the company’s pending Grassroots...
Guest post by Keith C. Owens, Partner at Fox Rothschild LLP Like most American businesses, COVID-19 has placed a heavy strain on cannabis-related businesses, which were already struggling due...
Ayr Strategies Announces $75 Million Senior Secured Debt Financing 4-Year, 12.5% Notes Contain No Equity Component TORONTO, Dec. 04, 2020 (GLOBE NEWSWIRE) — Ayr Strategies Inc. (CSE: AYR.A, OTCQX: AYRSF)...
Exclusive Interview with TCPO Holding’s CEO Steve Allan Special purpose acquisition company Subversive Capital Acquisition Corp. (NEO: SVC.A.U) (OTCQX: SBVCF) was formed with the intention of consolidating the fragmented...
Columbia Care Completes Acquisition of Project Cannabis NEW YORK, December 02, 2020–(BUSINESS WIRE)–Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”) announced...
Hydrofarm Holdings Group Announces Launch of Initial Public Offering PETALUMA, Calif., Dec. 01, 2020 (GLOBE NEWSWIRE) — Hydrofarm Holdings Group, Inc. (“Hydrofarm”), a leading independent branded hydroponics company with...
After a sharp decline in September that left the index down 7% in Q3, the Global Cannabis Stock Index extended strong October gains, soaring 50.8% in November to 44.77: The index,...
Curio Wellness Launches Investment Fund to Combat Diversity and Inclusion Challenges within Cannabis Industry $30 Million in Capital will Provide 50 Diverse Entrepreneurs with Up to Ninety-Three Percent of...
The American Cannabis Operator Index exploded higher in November, jumping 40.0% to 57.93: After ending 2019 at 43.27, the index has now advanced 32.5% in 2020 and has rebounded 255.4% from an...
While the Canadian Cannabis LP Index continued to lag the broader sector, it posted strong gains in November as it increased 23.6% to 288.97: The index, which closed at a four-month high,...
4Front Announces Third Quarter 2020 Results and Business Update Q3 Systemwide Pro Forma Revenue increased 18% quarter-over-quarter to $22.3 million, 170% year-over-year – Company became cash flow positive from...
Auxly Reports Third Quarter 2020 Financial Results Strong Sequential Revenue Growth TORONTO, Nov. 30, 2020 (GLOBE NEWSWIRE) — Auxly Cannabis Group Inc. (TSX.V – XLY) (OTCQX: CBWTF) (“Auxly” or...
Organigram Reports Fourth Quarter 2020 Results Q4 2020 net revenue increased 25% to $20.4 million from $16.3 million in Q4 2019 Q4 2020 gross revenue increased 32% to $25.4...
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...
The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis stocks that generate industry sales of more than US$12.5 million per...
In fewer than three months, AdvisorShares Pure US Cannabis ETF (NYSE ARCA: MSOS) has surpassed $100 million in assets under management, with the number of shares increasing on November 25th...