Tag: CRLBF

Cannabis Stocks Are Now More Attractive

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 22nd, 2023 at 8:00 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

Illinois Reports Flat September Cannabis Sales

Illinois adult-use cannabis sales in September were up slightly sequentially to $139.5 million, an increase of 0.2% from August. The gain was 6.8% from a year ago: After increasing...
- October 4th, 2023 at 3:55 pm

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

These Cannabis Stocks Are Riskier Now

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...
- September 10th, 2023 at 7:51 am

Illinois Cannabis Sales Stall in August

Illinois adult-use cannabis sales in August were down a bit sequentially to $139.2 million, a decline of 0.6% from July. The gain was 7.6% from a year ago: After increasing 106%...
- September 5th, 2023 at 2:33 pm

Many Cannabis Companies See Stocks Soar in August

As we described in a previous article, the Global Cannabis Stock Index rallied for the second consecutive month on a huge late-month surge. That index is now down  down 6.4% year-to-date, which...
- September 1st, 2023 at 7:56 am

Cannabis Company Financial Reports Don’t Impress

The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. Most of the companies have just reported for the quarter...
- August 20th, 2023 at 1:23 pm

Cresco Q2 Revenue Increases 2% From Q1 to $197.9 Million

Cresco Labs Reports Second Quarter 2023 Results Year-of-the-Core initiatives delivered strong improvements in gross margin, adjusted EBITDA and operating cash flow CHICAGO–(BUSINESS WIRE)–Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF)...
- August 16th, 2023 at 7:43 am

Slow Growth

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...
- August 6th, 2023 at 6:50 pm

Cresco Labs and Columbia Care Terminate Merger

Cresco Labs and Columbia Care Mutually Agree to Terminate Merger Cresco Labs (CSE:CL) (OTCQX:CRLBF) (FSE: 6CQ) (“Cresco” or “the Company”) and Columbia Care (NEO:CCHW) (CSE:CCHW) (OTCQX:CCHWF) (“Columbia Care”) today...
- July 31st, 2023 at 8:46 am

Illinois Cannabis Sales Advance in June

Illinois adult-use cannabis sales in June were up a bit sequentially to $136.4 million, a gain of 2.7% despite one less day than May. The gain was 7.6% from a year...
- July 6th, 2023 at 11:17 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

Illinois Cannabis Sales Stall in May

Illinois adult-use cannabis sales in May were up a bit sequentially to $100.0 million, but this gain of 0.6% was less than the expansion of the number of days...
- June 5th, 2023 at 1:45 pm

Why Cannabis Stocks Continue Getting Clobbered

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 28th, 2023 at 6:20 pm

Cresco Labs Q3 Revenue Drops 3% Sequentially

Cresco Labs Reports First Quarter 2023 Results Company remains the #1 seller of branded cannabis products CHICAGO-May 24, 2023-(BUSINESS WIRE)–Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (“Cresco...
- May 24th, 2023 at 7:58 am

The Q1 Earnings Season Was Not Especially Helpful

The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. Most of the companies have reported Q1, and the reports...
- May 22nd, 2023 at 7:58 am

Columbia Care Q1 Revenue Drops 1% Sequentially

Columbia Care Reports First Quarter 2023 Results Quarterly Revenue of $125 Million, an Increase of 1% YoY Quarterly Gross Profit of Over $47 Million, an Increase of 13% QoQ...
- May 15th, 2023 at 7:34 am

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

Illinois Cannabis Sales Retreat in April

After a big bounce in March from the shorter month of February that left sales up 2.9% from a year ago, Illinois adult-use sales rose just 0.2% in the...
- May 10th, 2023 at 4:53 pm

Cannabis Earnings Season for Q1 Approaches

The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. Most of the companies have reported Q4, and the reports...
- April 17th, 2023 at 8:02 am