Tag: TSNDF

Michigan Cannabis Sales Rise to a Record $295 Million

Michigan cannabis sales for August rose sequentially 2.7% from July. At $295.4 million, sales were up 6.9% from a year earlier to a new record level: The Michigan Cannabis Regulatory Agency...
- September 11th, 2024 at 3:55 pm

Michigan Cannabis Sales Lift Modestly in July

Michigan cannabis sales for July rose sequentially 3.2% from June with the increase in days. At $287.7 million, sales were up 4.0% from a year earlier, the slowest annual growth in...
- August 14th, 2024 at 4:24 pm

Cannabis Call Options

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...
- August 9th, 2024 at 9:29 am

TerrAscend Issues Debt at 12.75%

TerrAscend Completes $140 Million Debt Financing Non-dilutive financing bears a coupon of 12.75% with a four-year term and no prepayment penalties No material debt maturing until late 2027 TORONTO,...
- August 2nd, 2024 at 9:19 am

Michigan Cannabis Sales Slow

Michigan cannabis sales for June fell sequentially decreased 0.3% from May. At $278.8 million, sales, which were up from May on a per-day basis, were up 6.9% from a year earlier,...
- July 15th, 2024 at 2:44 pm

The Global Cannabis Stock Index Ends June Lower

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...
- June 28th, 2024 at 4:20 pm

A Big Round Trip

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 14th, 2024 at 5:25 am

Michigan Cannabis Sales Slow Again

Michigan cannabis sales for May fell sequentially on a per-day basis as they increased just 0.4% from April. At $279.6 million, sales were up 13.7% from a year earlier: The Michigan...
- June 13th, 2024 at 2:34 pm

Michigan Cannabis Sales Slow in April

Michigan cannabis sales for April fell sequentially after rising in February and then March. At $278.6 million, sales fell 3.6% sequentially from the previous record level. The sequential growth on a...
- May 14th, 2024 at 5:17 pm

Michigan Cannabis Sales Surge

Michigan cannabis sales for March were up sequentially after rising in February. At $288.8 million, sales rose 10.6% sequentially and were a new record level. The sequential growth on a per-day...
- April 12th, 2024 at 11:05 am

Disappearing Cannabis Cash

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 15th, 2024 at 7:49 am

TerrAscend Q4 Dips From Strong Q3

TerrAscend Reports Fourth Quarter and Full Year 2023 Financial Results Full year 2023 record Net Revenue of $317.3 million, an increase of 28.0% year-over-year Full year 2023 Gross Profit...
- March 14th, 2024 at 4:31 pm

Michigan Cannabis Sales Bounce Back

Michigan cannabis sales for February were up sequentially after falling sharply in January. At $261.0 million, sales rose 7.5% sequentially but were still below the record set in December. They were...
- March 14th, 2024 at 11:15 am

Michigan Cannabis Sales Sink

Michigan cannabis sales for January were were down sequentially after a lift in December. At $242.8 million, sales plunged 13.5% sequentially after setting a record in December. They were up 17.1%...
- February 9th, 2024 at 3:23 pm

Michigan Cannabis Sales Surge

Michigan cannabis sales for December were were up sequentially for the first time since July. At $279.9 million, sales rose 7.5% sequentially with the longer month perhaps helping explain part of...
- January 16th, 2024 at 1:05 pm

Michigan Cannabis Sales Dip Again in November

Michigan cannabis sales for November were down for the fourth consecutive month. At $260.5 million, sales fell 0.9% sequentially with the shorter month. They were up 28.1% from a year earlier:...
- December 12th, 2023 at 4:46 pm

Insiders Are Buying 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...
- December 10th, 2023 at 8:00 am

Michigan Cannabis Sales Soften in October

Michigan cannabis sales for October were down for the third consecutive month. At $262.9 million, sales fell 4.3% sequentially despite the longer month. They were up 25.5% from a year earlier,...
- November 13th, 2023 at 12:31 pm

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

Cannabis Market Shows Mixed Action in September

As we described in a previous article, the Global Cannabis Stock Index rallied for the third consecutive month, creating the first quarterly advance since 2021-Q1. That index is now down  down 5.6%...
- October 1st, 2023 at 8:35 am

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

Ancillary Cannabis Stocks Again Outpaced the Sector

As we described in a previous article, the Global Cannabis Stock Index rallied sharply in July after five consecutive monthly declines following a rally to begin the year. That index is now...
- August 1st, 2023 at 8:09 am