Tag: Cresco Labs

Soft May Cannabis Sales for Michigan

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%...
- June 16th, 2025 at 5:25 pm

Rough for Cannabis REITs

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 5th, 2025 at 6:00 am

Illinois April Cannabis Sales Were Lower

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...
- June 4th, 2025 at 2:20 pm

Cannabis Stock Rally Stalls In May

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...
- May 30th, 2025 at 4:42 pm

Cresco Labs Q1 Revenue Falls 6% Sequentially

Cresco Labs Continues Track Record of Delivering Strong Operating Cash Flow Q1 operating cashflow of $30 million CHICAGO–(BUSINESS WIRE)– Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (“Cresco...
- May 30th, 2025 at 6:51 am

A Look at the Cannabis Stock Winners and Losers

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 15th, 2025 at 7:57 am

Q1 Cannabis Financial Updates Fail to Impress

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 April, when we previewed the...
- May 14th, 2025 at 8:40 am

Michigan Cannabis Sales Fall Again in April

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%...
- May 13th, 2025 at 11:27 am

The Florida Cannabis Market Weakens Further

Each week, Florida’s Office of Medical Marijuana Use (OMMU), which is part of the state’s Department of Health, releases data on the state’s medical cannabis program, including an active...
- May 10th, 2025 at 3:18 pm

Big Cannabis Companies Are Set to Report Q1 Financials

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 March, when we reviewed the...
- April 30th, 2025 at 1:01 pm

Illinois Cannabis Sales Bounce But Still Fall

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...
- April 24th, 2025 at 1:55 pm

Michigan Cannabis Sales March Lower

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...
- April 10th, 2025 at 1:14 pm

The Florida Cannabis Market Is Breaking Down

Each week, Florida’s Office of Medical Marijuana Use (OMMU), which is part of the state’s Department of Health, releases data on the state’s medical cannabis program, including an active...
- April 9th, 2025 at 6:15 pm

Illinois Cannabis Sales Slip Again in February

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...
- April 1st, 2025 at 11:22 am

Cannabis Financial Reports Showed Challenges Again

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 February, when we previewed the...
- March 26th, 2025 at 8:15 am

Another Rough Month in Michigan

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...
- March 14th, 2025 at 2:49 pm

Cannabis Investors Should Consider Having a Drink

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 13th, 2025 at 5:47 am

Cresco Labs Q4 Revenue and Profitability Slip

Cresco Labs’ Disciplined Strategy Drives Record Cash Flow in 2024 Financial Results Record full year operating cash flow of $132 million, an increase of 126% from the prior year...
- March 12th, 2025 at 7:20 am

Get Ready For More Problems in Florida

Each week, Florida’s Office of Medical Marijuana Use (OMMU), which is part of the state’s Department of Health, releases data on the state’s medical cannabis program, including an active...
- March 7th, 2025 at 3:15 pm

Illinois Cannabis Sales Drop in January

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...
- February 25th, 2025 at 5:06 pm

Big Cannabis Companies Are Set to Report Q4 Financials

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 November, when we reviewed the Q3...
- February 23rd, 2025 at 6:30 am

Michigan Cannabis Sales Begin 2025 Badly

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...
- February 12th, 2025 at 5:12 pm

Illinois Cannabis Sales Exceeded $2 billion in 2024

Illinois released sales figures for adult-use cannabis in December today, a bit later than normal. They were up 2.7% sequentially to $153.2 million. On a per-day basis, sales fell slightly. The year-over-year...
- February 5th, 2025 at 1:34 pm

The Florida Cannabis Market Is Struggling

Each week, Florida’s Office of Medical Marijuana Use (OMMU), which is part of the state’s Department of Health, releases data on the state’s medical cannabis program, including an active...
- January 20th, 2025 at 7:45 am

Michigan Cannabis Sales Decrease in December

Michigan cannabis sales for December fell from a year ago and they fell sequentially 3.9% despite the extra day in the month. At $265.5 million, sales were down 5.2% from a...
- January 10th, 2025 at 1:15 pm