Trulieve Q1 Revenue Increases 102% to $194 Million

Trulieve Reports Record First Quarter 2021 Revenue of $193.8M, Net Income of $30.1M and Adjusted EBITDA of $90.8M Achieved 13th consecutive quarter of profitability; Announces definitive agreement to acquire...
- May 13th, 2021 at 7:04 am

GTI Q1 Revenue Increases 90% to $194 Million

Green Thumb Industries Reports First Quarter 2021 Results CHICAGO and VANCOUVER, British Columbia, May 12, 2021 (GLOBE NEWSWIRE) — Green Thumb Industries Inc. (“Green Thumb,” or the “Company”) (CSE:...
- May 12th, 2021 at 4:36 pm

GrowGeneration Q1 Revenue Increases 173% to $90 Million

GrowGeneration Reports Record First Quarter 2021 Financial Results and Raises Full-Year 2021 Guidance Record Revenue increased 173% to $90 million; 2021 Revenue Guidance Raised to $450-$470 million and Adjusted...
- May 12th, 2021 at 4:26 pm

5 Essential Ideals for Federal Cannabis Legalization

Should Federal Cannabis Legalization Follow Any Particular State’s Example? Guest post by Jay Czarkowski, Founding Partner at Canna Advisors State, by state, by state: Rules and regulations vary widely,...
- May 12th, 2021 at 12:56 pm

MedMen Q3 Revenue Drops 27% to $32 Million

MedMen Reports Sequential Sales Increase in Third Quarter Fiscal Year 2021 Financial Results Third quarter revenue of $32.0 million, up 3.8% from the previous quarter adjusting for removal of...
- May 11th, 2021 at 5:00 pm

urban-gro Q1 Revenue Increases 182% to $12 Million

urban-gro, Inc. Reports Record First Quarter 2021 Financial Results Record revenues in Q1 2021 of $12.0 million compared to revenues of $4.2 million during the three months ended March...
- May 11th, 2021 at 4:31 pm

Colombian Cannabis Producer Flora Growth Prices NASDAQ IPO

Flora Growth Corp. Announces Pricing of Initial Public Offering TORONTO, May 11, 2021 (GLOBE NEWSWIRE) — Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), an all-outdoor cultivator and...
- May 11th, 2021 at 8:50 am

Verano Holdings Borrows $100 Million at 9.75%

Verano Upsizes Existing Credit Agreement by US$100 Million with a 9.75% Annual Interest Rate on a Non-Dilutive Basis Reduces borrowing costs with one of the industry’s leading annual interest...
- May 11th, 2021 at 8:21 am

Charlotte’s Web Q1 Revenue Increases 9% to $23.4 Million

Charlotte’s Web Holdings Reports Q1-2021 Results Expands #1 leadership position BOULDER, Colo., May 11, 2021 /PRNewswire/ – (TSX: CWEB) (OTCQX: CWBHF), Charlotte’s Web Holdings, Inc. (“Charlotte’s Web” or the...
- May 11th, 2021 at 6:49 am

Acreage Q1 Revenue Increases 22% Over Q4 to $38.4 Million

Acreage Holdings Reports First Quarter 2021 Results Reports Revenue Growth of 58% and Positive Adjusted EBITDA* NEW YORK, May 10, 2021 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage”) (CSE:...
- May 10th, 2021 at 5:25 pm

Trulieve to Acquire Harvest Health for $2.1 Billion in Stock

Trulieve Announces the Largest US Cannabis Transaction; Acquisition of Harvest Health & Recreation Inc., Creates the Most Profitable Multi-State Operator in the World’s Largest Cannabis Market Combined Company Will...
- May 10th, 2021 at 8:17 am

This Week Is Critical for Cannabis Stocks

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...
- May 9th, 2021 at 10:55 am

Cronos Q1 Revenue Slips 26% Sequentially

Cronos Group Reports 2021 First Quarter Results Receives processing license for the commercial production and sale of cannabinoids using biosynthesis Announces plans to launch Spinach™ branded edibles to the...
- May 7th, 2021 at 8:05 am