New Cannabis Ventures

A Look at the Cannabis Stock Winners and Losers
Thu 7:57am By Alan Brochstein, CFA
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 stay ahead of the curve as well as links to the week’s most…

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Q1 Cannabis Financial Updates Fail to Impress
May 14, 2025, 8:40 am By Alan Brochstein, CFA
The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. This update is our first since late April, when we previewed the Q1 reports. Tracker Rules This data-driven,…

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Michigan Cannabis Sales Fall Again in April
May 13, 2025, 11:27 am By Alan Brochstein, CFA
Michigan cannabis sales for April fell from a year ago as they dropped sequentially by 2.5%, which was up slightly on a per-day basis. At $270.2 million, sales were down 3.0% from a year earlier: The Michigan Cannabis Regulatory Agency breaks out sales by…

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Ascend Q1 Revenue Drops 10%
May 12, 2025, 4:19 pm By NCV Newswire
AWH ANNOUNCES FIRST QUARTER 2025 FINANCIAL RESULTS First Quarter 2025 Net Revenue of $128.0 million and Adjusted EBITDA¹ of $27.0 million Generated Positive Cash from Operations of $5.9 million, the Ninth Consecutive Quarter of Positive Operating Cash Flow…

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Organigram Q2 Was Better Than Expected
May 12, 2025, 7:38 am By NCV Newswire
Organigram Reports Record Second Quarter Fiscal 2025 Results Record gross revenue of $102.8 million and record net revenue of $65.6 million Adjusted EBITDA¹ of $4.9 million Net income of $42.5 million Increase in anticipated Motif cost synergies to $15…

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The Florida Cannabis Market Weakens Further
May 10, 2025, 3:18 pm By Alan Brochstein, CFA
Each week, Florida’s Office of Medical Marijuana Use (OMMU), which is part of the state’s Department of Health, releases data on the state’s medical cannabis program, including an active patient count, a qualified physician count, new dispensary…

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Curaleaf Q1 Revenue Falls 9%
May 8, 2025, 4:15 pm By NCV Newswire
Curaleaf Reports First Quarter 2025 Results First quarter 2025 total revenue of $310 million First quarter 2025 International revenue of $35 million First quarter 2025 adjusted gross margin(1) of 50% First quarter 2025 operating cash flow from continuing…

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Very Rough Times for American Cannabis
May 8, 2025, 8:19 am By Alan Brochstein, CFA
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 stay ahead of the curve as well as links to the week’s most…

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Verano Q1 Revenue Declines
May 8, 2025, 7:22 am By NCV Newswire
Verano Announces First Quarter 2025 Financial Results CHICAGO, May 08, 2025 (GLOBE NEWSWIRE) — Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced its financial…

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Green Thumb Industries Q1 Revenue Slips Sequentially and Grows Just 1%
May 7, 2025, 4:17 pm By NCV Newswire
Green Thumb Industries Reports First Quarter 2025 Results CHICAGO and VANCOUVER, British Columbia, May 07, 2025 (GLOBE NEWSWIRE) — Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis…

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