Tag: Terrascend

Disappearing Cannabis Cash

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 15th, 2024 at 7:49 am

TerrAscend Q4 Dips From Strong Q3

TerrAscend Reports Fourth Quarter and Full Year 2023 Financial Results Full year 2023 record Net Revenue of $317.3 million, an increase of 28.0% year-over-year Full year 2023 Gross Profit...
- March 14th, 2024 at 4:31 pm

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

Michigan Cannabis Sales Sink

Michigan cannabis sales for January were were down sequentially after a lift in December. At $242.8 million, sales plunged 13.5% sequentially after setting a record in December. They were up 17.1%...
- February 9th, 2024 at 3:23 pm

Michigan Cannabis Sales Surge

Michigan cannabis sales for December were were up sequentially for the first time since July. At $279.9 million, sales rose 7.5% sequentially with the longer month perhaps helping explain part of...
- January 16th, 2024 at 1:05 pm

Michigan Cannabis Sales Dip Again in November

Michigan cannabis sales for November were down for the fourth consecutive month. At $260.5 million, sales fell 0.9% sequentially with the shorter month. They were up 28.1% from a year earlier:...
- December 12th, 2023 at 4:46 pm

Insiders Are Buying 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...
- December 10th, 2023 at 8:00 am

Michigan Cannabis Sales Soften in October

Michigan cannabis sales for October were down for the third consecutive month. At $262.9 million, sales fell 4.3% sequentially despite the longer month. They were up 25.5% from a year earlier,...
- November 13th, 2023 at 12:31 pm

Michigan Cannabis Sales Stall Again

Michigan cannabis sales for September were down for the second consecutive month, stalling near their all-time high set in July at $276.7 million. At $274.7 million, sales fell 0.6%...
- October 10th, 2023 at 6:33 pm

Cannabis Market Shows Mixed Action in September

As we described in a previous article, the Global Cannabis Stock Index rallied for the third consecutive month, creating the first quarterly advance since 2021-Q1. That index is now down  down 5.6%...
- October 1st, 2023 at 8:35 am

Michigan Cannabis Sales Stall in August

Michigan cannabis sales were unchanged in August from July, down just slightly from the record of $276.7 million to $276.3 million. The growth of 32.9% from a year ago was...
- September 13th, 2023 at 5:13 pm

Ancillary Cannabis Stocks Again Outpaced the Sector

As we described in a previous article, the Global Cannabis Stock Index rallied sharply in July after five consecutive monthly declines following a rally to begin the year. That index is now...
- August 1st, 2023 at 8:09 am

Michigan May Cannabis Sales Stall

Michigan cannabis sales fell 0.1% in May from the shorter April to $245.9 million. On a per-day basis, sales slipped 3.3%. The growth of 31.9% from a year ago was...
- June 9th, 2023 at 10:48 am

3 Bear Market Bargains

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 14th, 2023 at 6:19 pm

Michigan Cannabis Sales Slip in April

Michigan cannabis sales climbed 15.4% in  March from the shorter February, but they fell 1.5% in April to $246.1 million.  On a per-day basis, sales increased 1.8% after gaining 4.2%...
- May 11th, 2023 at 11:58 am

Cannabis Sectors Slide Again in April

As we described in a previous article, the Global Cannabis Stock Index fell sharply in March, plunging 15.2%, leaving it down 12.5% in the first quarter of the year. This followed...
- May 1st, 2023 at 8:46 am

Michigan Cannabis Sales March

Michigan cannabis sales climbed 15.4% in  March from the shorter February, reaching $249.7 million, a record. On a per-day basis, sales increased 4.2%. The growth of 62.9% from a year...
- April 12th, 2023 at 1:15 pm

These 3 Cannabis Sectors Sank in March

As we described in a previous article, the Global Cannabis Stock Index fell in February after rising to begin the year. In March, the index plunged 15.2%, leaving it down 12.5%...
- April 2nd, 2023 at 8:27 pm

The Global Cannabis Stock Index Tumbles in March

After a big rally in January to begin the year followed by a moderate loss in February, the Global Cannabis Stock Index plunged 15.2% in March to 8.50: After falling 23.7% in...
- March 31st, 2023 at 4:23 pm

Cannabis Earnings Season Has Been Challenging

The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. December and January were a slow period for reporting, and...
- March 23rd, 2023 at 8:18 am