Illinois released sales figures for several months today. The last time it had released data, it was for adult-use cannabis in May. The document today explained that the switch to...
Michigan cannabis sales for October fell from a year ago as they grew sequentially by 6.5%, which was +3.1% on a per-day basis. At $267.8 million, sales were down 0.3% from...
AWH Announces Third Quarter 2025 Financial Results Delivered Q3 2025 Net Revenue of $124.7 million Achieved Q3 2025 Adjusted EBITDA¹ of $31.1 million, representing a 24.9% margin Focused margin...
Cannabis stocks, as measured by the Global Cannabis Stock Index, were quite volatile in 2024 and have been in 2025 as well. The index dropped 7.5% in December to push...
Michigan cannabis sales for September fell from a year ago as they fell sequentially by 11.3%, which was -8.3% on a per-day basis. At $251.3 million, sales were down 5.8% from...
Michigan cannabis sales for August fell from a year ago as they rose sequentially by 3.2%, which was the same on a per-day basis. At $283.3 million, sales were down 4.1%...
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...
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...
Michigan cannabis sales for July fell from a year ago as they rose sequentially by 5.2%, which was up slightly on a per-day basis. At $274.7 million, sales were down 4.5%...
Michigan cannabis sales for June fell from a year ago as they also fell sequentially by 4.2%, which was down slightly on a per-day basis. At $261.1 million, sales were down...
Illinois released sales figures for adult-use cannabis in May today, which is a bit earlier than they did for April. The state’s adult-use cannabis sales were up 2.1% sequentially to $149.8...
Michigan cannabis sales for May fell from a year ago as they rose sequentially by 0.9%, which was down slightly on a per-day basis. At $272.6 million, sales were down 2.5%...
Illinois released sales figures for adult-use cannabis in April today. The state’s adult-use cannabis sales were down 0.6% sequentially to $146.6 million, and this an increase on a per-day basis of...
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...
Ascend Wellness Holdings Closes $50 Million Private Placement of Senior Secured Notes NEW YORK, May 28, 2025 /PRNewswire/ – Ascend Wellness Holdings, Inc. (“AWH”, “Ascend” or the “Company”) (CSE:...
Michigan cannabis sales for April fell from a year ago as they dropped sequentially by 2.5%, which was up slightly on a per-day basis. At $270.2 million, sales were down 3.0%...
AWH ANNOUNCES FIRST QUARTER 2025 FINANCIAL RESULTS First Quarter 2025 Net Revenue of $128.0 million and Adjusted EBITDA¹ of $27.0 million Generated Positive Cash from Operations of $5.9 million,...
Illinois released sales figures for adult-use cannabis in March today. The state’s adult-use cannabis sales were up 12.9% sequentially to $147.5 million, and this was an increase on a per-day basis...
Michigan cannabis sales for March fell from a year ago as they rose sequentially by 14.5%, which was up on a per-day basis. At $277.0 million, sales were down 4.1% from...
Illinois released sales figures for adult-use cannabis in February today, much later than the statue usually does. The state’s adult-use cannabis sales were down 6.8% sequentially to $130.6 million, and this...
Michigan cannabis sales for February fell from a year ago and fell sequentially by 2.4%, which was up on a per-day basis. At $241.3 million, sales were down 7.6% from a...
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...
AWH ANNOUNCES FOURTH QUARTER AND FULL YEAR 2024 FINANCIAL RESULTS Full Year 2024 Net Revenue Increased 8% Year-over-Year to $562 million Full Year 2024 Adjusted EBITDA¹ Increased 9% Year-over-Year...
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...
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...