A New Bull Market?
Thu 4:16pm By Alan Brochstein, CFAYou’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 stay ahead of the curve as well as links to the week’s most…Hawthorne Sales Plunge Again
Wed 7:21am By NCV NewswireScotts Miracle-Gro Reports Second Quarter Results Strong first half 2024 execution has Company on pace for full-year targets U.S. Consumer second quarter net sales of $1.38B equal record high Q2 2024 GAAP gross margin of 30.4% and non-GAAP adjusted gross…One Cannabis Sub-Sector Fell in April
Tue 4:44pm By NCV NewswireAs we described in a previous article, the Global Cannabis Stock Index exploded higher in April, rallying 14.6%. It is now up 44.4% in 2024. In this article, we summarize the performance of the other managed indices that New Cannabis Ventures offers to its…Global Cannabis Stock Index Retreats Before Bouncing Big
Tue 4:37pm By Alan Brochstein, CFACannabis 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 that it move cannabis from Schedule 1 to Schedule 3, and the move continued…Earnings Season Set to Begin
Sat 11:21am By Alan Brochstein, CFAThe Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. This update is our first since mid-March, when we reviewed the unexciting Q4 reports. Tracker Rules This data-driven,…The MSOs Are Pulling Back
Apr 26, 2024, 5:45 am By Alan Brochstein, CFAYou’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 stay ahead of the curve as well as links to the week’s most…Canadian Cannabis Sales Drop Again
Apr 24, 2024, 8:42 am By Alan Brochstein, CFAStatistics Canada released February retail sales for the country, with cannabis sales decreasing from the January levels, down 6.4% to C$376.2 million. On a per-day basis, sales sales rose 0.4%. January was revised higher to C$402.0 million. The sales were…Curaleaf Closes Canadian LP Acquisition for Initial $16 Million in Stock
Apr 22, 2024, 8:22 am By NCV NewswireCuraleaf Completes Acquisition of Northern Green Canada Bolsters Company’s Advantage in Several Key Emerging Markets, including Australia, New Zealand, Germany, Poland and the United Kingdom NEW YORK, April 22, 2024 /PRNewswire/ — Curaleaf Holdings, Inc.…Canada Is Down Not Out
Apr 19, 2024, 7:56 am By Alan Brochstein, CFAYou’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 stay ahead of the curve as well as links to the week’s most…Illinois Cannabis Sales Pick Up But Remain Slow
Apr 17, 2024, 10:48 am By Alan Brochstein, CFAIllinois adult-use cannabis sales in March were up 9.8% sequentially to a $148.9 million, which was up by more than the increase in the length of the month. The gain was 10.4% from a year ago: After increasing 106% in 2021, 13% in 2022 and then 5% in…
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