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  • Cannabis Sales Slip

    Tue 6:43pm By Alan Brochstein, CFA
    New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s monthly cannabis sales data for 11 states. Cannabis sales decreased 2.5% sequentially in April after increasing 11.7% in March from the short February, according to cannabis…
  • Greenlane Reverse Stock Split Effective on June 7th

    Tue 12:57pm By NCV Newswire
    Greenlane Announces Effectiveness of Previously Announced Reverse Stock Split BOCA RATON, FL / ACCESSWIRE / June 5, 2023 / Greenlane Holdings, Inc. (NASDAQ:GNLN), one of the largest global sellers of premium cannabis accessories, child-resistant packaging, and…
  • Illinois Cannabis Sales Stall in May

    Mon 5:45pm By Alan Brochstein, CFA
    Illinois adult-use cannabis sales in May were up a bit sequentially to $100.0 million, but this gain of 0.6% was less than the expansion of the number of days by 3.3%. The gain was 2.3% from a year ago: After increasing 106% in 2021 and then 13% in 2022,…
  • This Beaten Up Cannabis ETF Is Not Attractive

    Sun 10:20pm 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…
  • Greenlane Announces Board’s Approval of Reverse Stock Split Ratio

    Sat 9:36am By NCV Newswire
    BOCA RATON, FL / ACCESSWIRE / June 2, 2023 / Greenlane Holdings, Inc. (NASDAQ:GNLN) (“Greenlane”), one of the largest global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced that it…
  • Cannabis Stocks Slide Again in May

    Jun 1, 2023, 11:43 am By Alan Brochstein, CFA
    As we described in a previous article, the Global Cannabis Stock Index fell sharply in March, plunging 15.2%, leaving it down 12.5% in the first quarter of the year. This followed a record decline of 70.4% for 2022. In April, the index dropped again, falling…
  • The Global Cannabis Stock Index Sinks to New Lows During May

    May 31, 2023, 9:06 pm By NCV Newswire
    Cannabis stocks began the year with a bounce that ended quickly, and during May the Global Cannabis Stock Index fell again, dropping 7.0% to 7.67 with a 7.45 intraday all-time low set today: The end of 2022 was challenging, with the index falling 23.7% in…
  • Why Cannabis Stocks Continue Getting Clobbered

    May 28, 2023, 10:20 pm 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…
  • Tilray Brands Prices $150 Million Convertible Notes

    May 26, 2023, 9:55 am By NCV Newswire
    Tilray Brands, Inc. Announces Pricing of Registered Offering of $150 Million of Unsecured Convertible Senior Notes Refinances a meaningful portion of our debt due in June 2024, extending maturity to 2027 and locking in lower fixed interest rate of 5.20%;…
  • Cresco Labs Q3 Revenue Drops 3% Sequentially

    May 24, 2023, 11:58 am By NCV Newswire
    Cresco Labs Reports First Quarter 2023 Results Company remains the #1 seller of branded cannabis products CHICAGO-May 24, 2023-(BUSINESS WIRE)–Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (“Cresco Labs” or the “Company”), a vertically…

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