New Cannabis Ventures

Some Sectors Soar in January
Wed 12:56pm By Alan Brochstein, CFA
As we described in a previous article, the Global Cannabis Stock Index lifted in January after having collapsed in December. The index rose 10.1% after a record decline of 70.4% for 2022. In this exclusive article we will summarize the performance of the…

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TILT Holdings Brings Black Buddha Cannabis to Pennsylvania
Wed 12:42pm By NCV Newswire
Expands Standard Farms offerings to include social impact driven brand PHOENIX, Feb. 01, 2023 (GLOBE NEWSWIRE) — TILT Holdings Inc. (“TILT” or the “Company”) (NEO: TILT) (OTCQX: TLLTF), a global provider of cannabis business solutions that…

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Scotts Miracle-Gro Q1 Hawthorne Gardening Revenue Drops 22% Sequentially
Wed 12:36pm By NCV Newswire
ScottsMiracle-Gro Reports First Quarter Results U.S. Consumer Sales Up 8 Percent YoY First Quarter GAAP Loss of $1.17 Per Share; non-GAAP Loss of $1.02 Per Share Project Springboard to Exceed $185 Million Annualized Savings Net Leverage Ratio Within Covenant…

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Cannabis Technology Platform LeafLink Raises $100 Million
Wed 12:16pm By NCV Newswire
LeafLink Raises $100 Million, Announces Leadership Team Changes New funding enables LeafLink to expand its suite of offerings for its industry-defining wholesale cannabis platform Ryan G. Smith named Executive Chairman, Artie Minson promoted to President…

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The Global Cannabis Stock Index Jets Higher in January
Tue 9:25pm By Alan Brochstein, CFA
From the deeply depressed year-end 2022 close of 9.71, the Global Cannabis Stock Index rose 10.1% in January to 10.69. The index fell 23.7% in Q3 and 13.8% in Q4, ending 2022 down 70.4%: Since the peak in February 2021, the Global Cannabis Stock Index has…

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Greenlane Enters Into Agreement to Distribute Greenlane Brands in Mexico
Tue 1:25pm By NCV Newswire
BOCA RATON, FL / ACCESSWIRE / January 31, 2023 / Greenlane Holdings, Inc. (“Greenlane” or the “Company”) (NASDAQ:GNLN), one of the largest global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products,…

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High Tide Q4 Revenue Increases 14% Sequentially to C$108 Million
Tue 12:02pm By NCV Newswire
High Tide Releases Audited 2022 Financial Results Featuring Record Fourth Quarter Revenue of $108.2 Million and Record Adjusted EBITDA of $5.0 Million The Company has also signed an LOI with Berlin-based health and life science company Sanity Group to better…

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TerrAscend Closes on Acquisition of High-Performing Dispensary in Maryland
Mon 3:22pm By NCV Newswire
The 10,000 square foot Allegany Medical Marijuana Dispensary is located in Northwest Maryland within six miles of both the West Virgina and Pennsylvania borders The acquisition complements TerrAscend’s fully operational, state-of-the-art 150,000 square foot…

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A Very Bad Joke Ends
Sun 11:15pm By Alan Brochstein, CFA
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 help our readers stay ahead of the curve as well as links to the…

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Ayr Wellness Exits $55 Million Chicago Dispensary Buy
Jan 27, 2023, 1:27 pm By NCV Newswire
Ayr Wellness Announces Mutual Termination of Proposed Acquisition of Dispensary 33 MIAMI, Jan. 27, 2023 (GLOBE NEWSWIRE) — Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“Ayr” or the “Company”), a leading vertically integrated U.S. multi-state…

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