Follow New Cannabis Ventures, filter it, and define how you want to receive the news (via Email, RSS, Telegram, WhatsApp etc.) https://follow.it/new-cannabis-ventures Mon, 25 Sep 2023 05:20:32 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZmeel1PDp9241T72x6uxjiK 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 week’s most important news. Subscribe to receive our free weekly newsletter in […]]]> Sun, 24 Sep 2023 14:00:06 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZmeel1PDp9241T72x6uxjiK https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZkJFVD69TVXyO9WSSr4-0sP Statistics Canada released July retail sales for the country, with cannabis sales rising from the strong June levels, up 1.9% to C$446.1 million, another new record for a month. June was revised  higher to C$437.7 million. The sales, which fell 1.4% on a per-day basis, were up 13.6% from a year ago, down from the 15.8% June […]]]> Fri, 22 Sep 2023 14:41:21 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZkJFVD69TVXyO9WSSr4-0sP https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZlFQrJGnJwxyioxzwoq1nFt Canopy Growth Announces Private Placement of up to US$50 Million SMITHS FALLS, ON, Sept. 18, 2023 /PRNewswire/ – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (Nasdaq: CGC), today announced that it has entered into subscription agreements (the “Subscription Agreements”), dated September 18, 2023, with certain institutional investors (the “Investors”) in a private […]]]> Mon, 18 Sep 2023 14:06:44 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZlFQrJGnJwxyioxzwoq1nFt https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZlFQrJGnJwxyt3hDS9njgCr Columbia Care Announces Private Placement of US$25 Million and Executes on Next Phase of Balance Sheet Improvement Initiatives NEW YORK–(BUSINESS WIRE)–Columbia Care Inc. (NEO: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., today announced that it […]]]> Mon, 18 Sep 2023 13:56:33 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZlFQrJGnJwxyt3hDS9njgCr https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZnkyHgGLkXWZ2ZMehmtHS8- 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 week’s most important news. Subscribe to receive our free weekly newsletter in […]]]> Sun, 17 Sep 2023 14:00:20 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZnkyHgGLkXWZ2ZMehmtHS8- https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZnP7x0WFvQQlxtLdxSOwF-n Michigan cannabis sales were unchanged in August from July, down just slightly from the record of $276.7 million to $276.3 million. The growth of 32.9% from a year ago was up from the 31.8% level last month: The Michigan Cannabis Regulatory Agency breaks out sales by medical and adult-use, with medical sales falling 69.5% from a […]]]> Wed, 13 Sep 2023 23:13:28 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZnP7x0WFvQQlxtLdxSOwF-n https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZnBJjBdDXlJCxeIF_fEM9tn 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 week’s most important news. Subscribe to receive our free weekly newsletter in […]]]> Sun, 10 Sep 2023 13:51:54 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZnBJjBdDXlJCxeIF_fEM9tn https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZmv4e10vv8YSrDXWBZfdr71 New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s monthly cannabis sales data for 11 states. Cannabis sales increased 0.8% sequentially in July after increasing 0.3% in June, according to cannabis data analytics firm BDSA. Looking at a per-day basis, sales decreased 2.4% sequentially. In this review, we share the results by state, […]]]> Wed, 06 Sep 2023 14:22:04 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZmv4e10vv8YSrDXWBZfdr71 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZlVblrZHXTuPlyOSYGFl6uu Illinois adult-use cannabis sales in August were down a bit sequentially to $139.2 million, a decline of 0.6% from July. The gain was 7.6% from a year ago: After increasing 106% in 2021 and then 13% in 2022, year-to-date adult-use sales are up 4.7% in the first 8 months to $1.06 billion. During August, sales to non-residents […]]]> Tue, 05 Sep 2023 20:33:48 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZlVblrZHXTuPlyOSYGFl6uu https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZl_M-oca7SI6R-xWH3zZqEA 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 week’s most important news. Subscribe to receive our free weekly newsletter in […]]]> Sun, 03 Sep 2023 13:52:11 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZl_M-oca7SI6R-xWH3zZqEA https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZmjaB0Z43I0_eifqJurszLU As we described in a previous article, the Global Cannabis Stock Index rallied for the second consecutive month on a huge late-month surge. That index is now down  down 6.4% year-to-date, which has followed a record decline of 70.4% for 2022. In this article, we summarize the performance of the other managed indices that New Cannabis Ventures offers to […]]]> Fri, 01 Sep 2023 13:56:01 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZmjaB0Z43I0_eifqJurszLU https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZmnySj0dU1UBWnhpmeYcemU Cannabis stocks were sinking during the month, creating a new all-time low intraday of 7.39 for the Global Cannabis Stock Index , but they exploded higher on 8/30 on news that the Department of Health and Human Services had recommended to the DEA that it move cannabis from Schedule 1 to Schedule 3 and extended the gains […]]]> Thu, 31 Aug 2023 22:30:40 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZmnySj0dU1UBWnhpmeYcemU https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZkcHxmzbKY-LbG7Iy_4u0x9 Planet 13 Enters into Definitive Agreement to Acquire VidaCann, Accelerating Its Florida Expansion Strategy LAS VEGAS, NV / ACCESSWIRE / August 28, 2023 / Planet 13 Holdings Inc. (CSE:PLTH)(OTCQX:PLNHF) (“Planet 13” or the “Company”), a leading vertically-integrated multi-state cannabis company, today announced that it has entered into a membership interest purchase agreement (the “Purchase Agreement”) […]]]> Mon, 28 Aug 2023 15:31:27 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZkcHxmzbKY-LbG7Iy_4u0x9 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZklibvAZfdRZSoxzwoq1nFt 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 week’s most important news. Subscribe to receive our free weekly newsletter in […]]]> Sun, 27 Aug 2023 13:56:15 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZklibvAZfdRZSoxzwoq1nFt https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZl7fTGDWsiiB1hGNgNo2_0q Statistics Canada released June retail sales for the country, with cannabis sales rising from the May levels, up 2.6% to C$426.6 million, a new record for a month. May was revised slightly higher to C$415.7 million. The sales, which rose 6.0% on a per-day basis, were up 12.9% from a year ago, up from the 11.2% May […]]]> Wed, 23 Aug 2023 14:42:32 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZl7fTGDWsiiB1hGNgNo2_0q https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZlV6xGzLbvNNm0dX84dnP8Y The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. Most of the companies have just reported for the quarter that ended 6/30. The next reporting period of note is in November for the quarter that ends on 9/30, and we will provide an update in […]]]> Sun, 20 Aug 2023 19:23:16 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZlV6xGzLbvNNm0dX84dnP8Y https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZlltCyuwU_kGm7fhEn5oRuR 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 week’s most important news. Subscribe to receive our free weekly newsletter in […]]]> Sun, 20 Aug 2023 16:44:26 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZlltCyuwU_kGm7fhEn5oRuR https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZljqZDcYMrbyWW0GqTRQSgk AYR Wellness Reports Second Quarter 2023 Results Revenue up 18% Y/Y to $116.7 Million, Excluding Discontinued Operations Company Delivers Record Adjusted EBITDA1 of $29.4 Million, up 78% Y/Y, 12% Sequentially, with Adjusted EBITDA Margin of 25% GAAP Loss from Operations Improved 81% Y/Y, 79% Sequentially to $(4.5) Million, Excluding Discontinued Operations MIAMI, Aug. 17, 2023 […]]]> Thu, 17 Aug 2023 11:06:35 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZljqZDcYMrbyWW0GqTRQSgk https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZmyVrEE8icO7xKeetMRuZbW Cresco Labs Reports Second Quarter 2023 Results Year-of-the-Core initiatives delivered strong improvements in gross margin, adjusted EBITDA and operating cash flow CHICAGO–(BUSINESS WIRE)–Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (“Cresco Labs” or the “Company”), the industry leader in branded cannabis products with a portfolio of America’s most popular brands and the operator of […]]]> Wed, 16 Aug 2023 13:43:17 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZmyVrEE8icO7xKeetMRuZbW https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZkTG4eePw7j0VhGNgNo2_0q GREENLANE REPORTS Q2 2023 FISCAL RESULTS BOCA RATON, FL / August 14, 2023 / Greenlane Holdings, Inc. (“Greenlane” or the “Company”) (NASDAQ:GNLN), a premier global seller of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today reported financial results for the second quarter ended June 30th, 2023. Recent Highlights •Revenue for Q2 2023 decreased […]]]> Mon, 14 Aug 2023 22:57:04 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZkTG4eePw7j0VhGNgNo2_0q