Tag: aawh

A Big Round Trip

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...
- June 14th, 2024 at 5:25 am

Michigan Cannabis Sales Slow Again

Michigan cannabis sales for May fell sequentially on a per-day basis as they increased just 0.4% from April. At $279.6 million, sales were up 13.7% from a year earlier: The Michigan...
- June 13th, 2024 at 2:34 pm

Illinois Reports April Cannabis Sales

Illinois released its cannabis sales data much later than it normally does. Illinois adult-use cannabis sales in April were down 2.9% sequentially to a  $144.5 million, which was about the same on...
- June 3rd, 2024 at 9:17 am

Michigan Cannabis Sales Slow in April

Michigan cannabis sales for April fell sequentially after rising in February and then March. At $278.6 million, sales fell 3.6% sequentially from the previous record level. The sequential growth on a...
- May 14th, 2024 at 5:17 pm

Investors Should Not Dive Into Canadian Cannabis

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...
- May 10th, 2024 at 8:17 am

Ascend Wellness Beats Analyst Expectations in Q1

AWH ANNOUNCES Q1 2024 FINANCIAL RESULTS Achieved $142.4M Net Revenue in Q1 2024, a 25% Increase Year-Over-Year and 2% Increase Quarter-Over-Quarter Reported $32.5 million in Adjusted EBITDA, a 39%...
- May 7th, 2024 at 7:12 am

Illinois Cannabis Sales Pick Up But Remain Slow

Illinois adult-use cannabis sales in March were up 9.8% sequentially to a  $148.9 million, which was up by more than the increase in the length of the month. The gain was...
- April 17th, 2024 at 10:48 am

Michigan Cannabis Sales Surge

Michigan cannabis sales for March were up sequentially after rising in February. At $288.8 million, sales rose 10.6% sequentially and were a new record level. The sequential growth on a per-day...
- April 12th, 2024 at 11:05 am

Global Cannabis Stock Index Soars In March

Cannabis stocks, as measured by the Global Cannabis Stock Index,  exploded higher in late August on news that the Department of Health and Human Services had recommended to the DEA...
- March 28th, 2024 at 4:23 pm

Cannabis Company Q4 Financials Were Not Exciting

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 late late February, and...
- March 16th, 2024 at 12:16 pm

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

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

Ascend Q4 Revenue Increases 25%

AWH ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS Q4 2023 Net Revenue Increased 25% Year-over-Year to $140 million Q4 2023 Adjusted EBITDA Increased 15% Year-over-Year to $32...
- March 12th, 2024 at 7:28 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

Illinois Cannabis Sales End 2023 Strongly

Illinois adult-use cannabis sales in December were up 10.7% sequentially to a record $153.9 million, which was up by more than the increase in the length of the month. The gain...
- January 11th, 2024 at 1:21 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

Illinois Cannabis Sales Were Flat in November

Illinois adult-use cannabis sales in November were up slightly sequentially to $139.1 million, an increase of 0.3% from October despite one less day. The gain was 6.6% from a year ago:...
- December 12th, 2023 at 2:53 pm

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

Don’t Buy This Dip

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...
- November 12th, 2023 at 8:01 am

Ascend Wellness Q3 Revenue Lifts 15% Sequentially

AWH ANNOUNCES Q3 2023 FINANCIAL RESULTS Reported Record Quarterly Revenue for 6th Consecutive Quarter Achieved $141.3M Net Revenue in Q3 2023, a 27.0% Increase Year-Over-Year and 14.9% Increase Quarter-Over-Quarter...
- November 7th, 2023 at 7:27 am

Illinois Cannabis Sales Slip In October

Illinois adult-use cannabis sales in October were down slightly sequentially to $138.8 million, a decrease of 0.6% from September despite the extra day. The gain was 5.5% from a...
- November 2nd, 2023 at 4:25 pm

MSOs Lead Cannabis Stocks Lower in October

As we described in a previous article, the Global Cannabis Stock Index plunged in October after three consecutive monthly gains. That index is now down 26.1% year-to-date, which has followed a record...
- November 1st, 2023 at 8:43 am

Cannabis Stocks Melt Down

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...
- October 29th, 2023 at 8:01 am

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