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  • Florida Medical Cannabis Patient Growth Falls Again

    Sat 10:27am 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 approvals and an…
  • Canadian Cannabis Sales Lift

    Fri 8:43am By Alan Brochstein, CFA
    Statistics Canada released March retail sales for the country, with cannabis sales increasing from the February levels, up 7.1% to C$414.1 million. On a per-day basis, sales sales rose 0.2%. February was revised higher to C$386.8 million. The sales were up…
  • A Big Bet Goes Bad

    Fri 6:56am 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…
  • DEA Opens Cannabis Rescheduling Comment Period

    May 21, 2024, 8:12 am By Alan Brochstein, CFA
    The Drug Enforcement Administration published its proposed rescheduling of cannabis today. There is a comment period that ends on July 22nd. The biggest outcome of cannabis being rescheduled from Schedule 1 to Schedule 3 would be the elimination of the onerous…
  • Unexciting Earnings Season

    May 18, 2024, 11:20 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 upcoming Q1 reports.. Tracker Rules This…
  • Be Careful With Florida

    May 17, 2024, 8:10 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…
  • Cresco Labs Q1 Revenue Falls 5%

    May 15, 2024, 7:42 am By NCV Newswire
    Cresco Labs Reports Continued Trend of Financial Improvement with First Quarter 2024 Financial Results Over 10x year-over-year increase in operating cash flow CHICAGO–(BUSINESS WIRE)– Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (“Cresco Labs”…
  • AYR Wellness Q1 Revenue Flat From a Year Ago

    May 15, 2024, 7:11 am By NCV Newswire
    AYR Wellness Reports First Quarter 2024 Results Q1 Revenue up 3% Q/Q to $118.0 Million, Excluding Discontinued Operations Q1 GAAP Loss from Operations Improved to $2.0 Million, Excluding Discontinued Operations Q1 Adjusted EBITDA¹ up over 10% Y/Y to $29.1…
  • Michigan Cannabis Sales Slow in April

    May 14, 2024, 5:17 pm By Alan Brochstein, CFA
    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 per-day basis was -0.3%. They were up 13.2% from a year…
  • Investors Should Not Dive Into Canadian Cannabis

    May 10, 2024, 8:17 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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