Tag: CRLBF

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

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

Illinois Cannabis Sales Lift Slightly During March

After surging to end the year and then falling in January and February, Illinois adult-use cannabis sales rose 11.9% sequentially in March to $134.8 million, which was up 1.0%...
- April 5th, 2023 at 2:21 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

Finding Opportunity in Crashed Cannabis SPACs

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...
- March 19th, 2023 at 6:22 pm

Michigan Cannabis Sales Jump 40% to $216 Million

Michigan cannabis sales climbed 4.4% in February from January, reaching $216.4 million. On a per-day basis, sales increased 15.6%. The growth of 39.8% from a year ago was the highest...
- March 16th, 2023 at 2:22 pm

Cresco Labs Q4 Revenue Falls 5% Sequentially

Cresco Labs Announces Fourth Quarter & Full Year 2022 Results Annual revenues grew 3% year-over-year and maintained leadership in branded product sales Company laser-focused on profitable core to further...
- March 16th, 2023 at 8:00 am

Illinois Adult-Use Cannabis Sales Slow to Begin 2023

After surging to end the year, Illinois adult-use cannabis sales have slowed in 2023, falling 11.1% sequentially in January and then 5.8% in February. Sales of $120.5 million were...
- March 2nd, 2023 at 3:11 pm

Michigan Cannabis Sales Soften in January

Michigan cannabis sales sank 6.5% in January compared to December and increased 35.9% from a year ago to a record $207.3 million. This was a bit faster than the 32.0%...
- February 14th, 2023 at 11:20 am