New Cannabis Ventures

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…

Read Share More
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…

Read Share More
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,…

Read Share More
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…

Read Share More
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…

Read Share More
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…

Read Share More
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…

Read Share More
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…

Read Share More
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%;…

Read Share More
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…

Read Share More

NewsBudz is a marijuana and medical cannabis news app. The site delivers a daily feed of the latest cannabis news. We aggregate over 30 of the web's best sources for news about marijuana, hemp and legalization to keep you informed.

Stay on top of the latest news headlines, trends and developments worldwide around recreational and medical marijuana. Sit back and relax, while you read learn and share. On the web or your mobile device, NewsBudz is your cannabis news stream.