Tag: Glass House

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

A Look at Some Beaten Up Cannabis Stocks

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 21st, 2023 at 6:41 pm

Glass House Q1 Revenue Pulls Back 10% From Q4

Glass House Brands Reports First Quarter 2023 Financial Results Achieved Positive Free Cash Flow1 Narrowed Adjusted EBITDA2 loss to $0.1 million versus $2.6 million loss in Q4 Revenue of $29.0M, up 108% from Q1 2022...
- May 15th, 2023 at 4:43 pm

American Cannabis Indices Rally in July

As we described in an earlier article, the Global Cannabis Stock Index had its first monthly gain in 17 months. The index rallied 4.3% off of the lowest close ever at...
- July 31st, 2022 at 7:53 pm

Glass House Brands Acquires New California Cannabis Dispensaries

Adds 2 high-performing dispensaries in limited license locations Adds 1 additional store which will open imminently in a limited license location Increases Glass House’s projected 2022 operational California dispensary footprint to...
- May 12th, 2022 at 7:36 am

Cannabis Stocks Get a One-two Punch

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 1st, 2022 at 10:29 am

American Cannabis Operator Index Declines 4% in March

After breaking a string of eleven consecutive monthly declines in February, the American Cannabis Operator Index fell 4.2% in March to 38.99: The index, which fell 23.4% in Q4, has declined...
- April 1st, 2022 at 8:38 am

Sentiment is Shifting for Cannabis Stocks

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...
- February 13th, 2022 at 10:49 am

American Cannabis Operator Index Declines 7.4% in January

The American Cannabis Operator Index began 2022 with its 11th consecutive decline, falling 7.4% to 38.62: January’s performance follows a Q4 decline of 23.4%. After gaining 45.7% in 2020, when it...
- January 31st, 2022 at 4:26 pm

Glass House Brands to Buy Plus Products for $25.6 Million

Glass House Brands to Acquire PLUS, a Leading California Edibles Brand Strengthens Consumer Brand Portfolio with Leading California Cannabis Edibles Manufacturer LONG BEACH, Calif. and TORONTO, Dec. 20, 2021...
- December 20th, 2021 at 8:34 am

5 Takeaways From Cannabis Earnings Season

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 22nd, 2021 at 10:51 am

Glass House Brands Q2 Revenue Increases 62% to $18.7 Million

Glass House Brands Reports Second Quarter 2021 Financial Results –Net Revenue Increased 62% Year-over-Year –Generates Sustained Positive Adjusted EBITDA –Conference Call to be Held August 17, 2021 at 8:00...
- August 16th, 2021 at 9:46 pm