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
Fri 5:45am 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
Wed 8:42am 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
Mon 8:22am 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…Florida Medical Cannabis Patient Growth Slows Again
Apr 14, 2024, 7:25 pm By Alan Brochstein, CFAEach week, Florida’s Office of Medical Marijuana Use (OMMU), which is part of the state’s Department of Health, releases data on the program, including an active patient count, a qualified physician count, new approvals and an update for each dispensary.…Michigan Cannabis Sales Surge
Apr 12, 2024, 11:05 am By Alan Brochstein, CFAMichigan 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 basis was 3.5%. They were up 15.7% from a year earlier: The…You Can’t Count on Congress
Apr 12, 2024, 8:49 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…Tilray Q3 Cannabis Revenue Falls 5% Sequentially Again
Apr 9, 2024, 7:21 am By NCV NewswireTilray Brands, Inc. Reports Q3 Fiscal 2024 Financial Results Achieved Net Revenue of $188 Million, ~ 30% Net Revenue Growth Over the Prior Year Quarter Beverage-Alcohol Net Revenue Increases 165% Over the Prior Year Quarter, 5th Largest Craft Beer Brewer in…
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