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  • Knocking Over the Glasses

    7:59am 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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  • Soft May Cannabis Sales for Michigan

    Mon 5:25pm By Alan Brochstein, CFA
    Michigan cannabis sales for May fell from a year ago as they rose sequentially by 0.9%, which was down slightly on a per-day basis. At $272.6 million, sales were down 2.5% from a year earlier: The Michigan Cannabis Regulatory Agency breaks out sales by…
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  • Canadian Cannabis Is the Place to Be

    Jun 12, 2025, 6:45 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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  • Vireo Growth Issues 196.2 Million Shares to Complete Missouri Acquisition

    Jun 5, 2025, 4:45 pm By NCV Newswire
    Vireo Growth Inc. Announces Closing of Proper Brands Acquisition in Missouri MINNEAPOLIS , June 05, 2025 (GLOBE NEWSWIRE) — Vireo Growth Inc. (“Vireo” or the “Company”) (CSE: VREO; OTCQX: VREOF), today announced that it has closed its…
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  • Rough for Cannabis REITs

    Jun 5, 2025, 6:00 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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  • Illinois April Cannabis Sales Were Lower

    Jun 4, 2025, 2:20 pm By Alan Brochstein, CFA
    Illinois released sales figures for adult-use cannabis in April today. The state’s adult-use cannabis sales were down 0.6% sequentially to $146.6 million, and this an increase on a per-day basis of 3.8%. The year-over-year growth was 1.4%, worse than the…
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  • Cannabis Sales Decline in May

    Jun 2, 2025, 3:17 pm By Alan Brochstein, CFA
    New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s monthly cannabis sales data for 15 states. Cannabis sales decreased 0.3% sequentially in May, which was a decrease on a per-day basis of 3.5%. In this review, we share the…
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  • Village Farms Sells Its Produce Business

    Jun 2, 2025, 7:25 am By NCV Newswire
    Village Farms International Announces Closing of Transaction to Privatize its Fresh Produce Business Closing of transaction places Company in net cash position, poised for leadership in global cannabis industry Company plans to file proforma financial…
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  • Cannabis Stock Rally Stalls In May

    May 30, 2025, 4:42 pm By Alan Brochstein, CFA
    Cannabis stocks, as measured by the Global Cannabis Stock Index, were quite volatile in 2024. The index dropped 7.5% in December to push the yearly close down 15.2% for the year and also was off to a bad start in 2025. It posted a new all-time of 4.97 during…
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  • Cresco Labs Q1 Revenue Falls 6% Sequentially

    May 30, 2025, 6:51 am By NCV Newswire
    Cresco Labs Continues Track Record of Delivering Strong Operating Cash Flow Q1 operating cashflow of $30 million CHICAGO–(BUSINESS WIRE)– Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (“Cresco Labs” or the “Company”), the industry leader in…
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  • The 3 Largest MSOs Are Dipping and Are at Risk

    May 29, 2025, 5:57 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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  • Ascend Wellness Raises $50 Million

    May 28, 2025, 5:31 pm By NCV Newswire
    Ascend Wellness Holdings Closes $50 Million Private Placement of Senior Secured Notes NEW YORK, May 28, 2025 /PRNewswire/ – Ascend Wellness Holdings, Inc. (“AWH”, “Ascend” or the “Company”) (CSE: AAWH-U.CN) (OTCQX: AAWH), a multi-state,…
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  • Canadian Cannabis Sales Bounced in March

    May 23, 2025, 8:39 am By Alan Brochstein, CFA
    Statistics Canada released March retail sales for the country, with cannabis sales increasing from the February levels, up 4.9% to C$428.4 million.  February, originally reported at C$404.7 million, was revised higher to C$408.2 million. The sales in March…
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  • Another Big Win for a Cannabis Stock

    May 22, 2025, 5:49 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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  • A Look at the Cannabis Stock Winners and Losers

    May 15, 2025, 7:57 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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  • 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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