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, 20 Mar 2023 18:01:36 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZkgIyl-DiKkb3KSkciKEY1s 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 […]]]> Mon, 20 Mar 2023 00:22:32 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZkgIyl-DiKkb3KSkciKEY1s https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZlBrglvr97eBHtuT6pSmY81 High Tide Reports Second Consecutive Quarter of Record Revenue and Adjusted EBITDA; $118 Million and $5.5 Million, Respectively The Company Also Reports Year-Over-Year Increase in Free Cash Flow¹ From ($6.3 Million) to ($2.3 Million) Representing a 64% Improvement This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated […]]]> Fri, 17 Mar 2023 22:27:21 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZlBrglvr97eBHtuT6pSmY81 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZnubAj1E1M-QLkdRKkm2PJP TerrAscend Reports Record Fourth Quarter and Full Year 2022 Net Revenue Fourth quarter 2022 record Net Revenue of $69.0 million, an increase of 50.3% year-over-year and 4.2% quarter-over-quarter Fourth quarter 2022 positive cash flow from operations of $7.3 million compared to $1.5 million in the third quarter of 2022 Reduced debt by $80 million during […]]]> Thu, 16 Mar 2023 23:15:52 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZnubAj1E1M-QLkdRKkm2PJP https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZnamgKN7CfFerDXWBZfdr71 WM Technology, Inc. Reports Fourth Quarter and Full Year 2022 Financial Results Announces Fourth Quarter 2022 Financial Results with Revenue of $49.3 million with Full Year Revenue of $215.5 million IRVINE, Calif., March 16, 2023–(BUSINESS WIRE)–WM Technology, Inc. (“WM Technology” or the “Company”) (Nasdaq: MAPS), a leading technology and technology solutions provider to the cannabis […]]]> Thu, 16 Mar 2023 22:46:09 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZnamgKN7CfFerDXWBZfdr71 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZl3sqWQEM2h-em6srrLMsqK TILT Holdings Reports Fourth Quarter and Full Year 2022 Results – Q4 revenue up 9% quarter over quarter to $44.3 million – – FY 2022 cash from operations up significantly to $8.6 million, compared to cash used of $8.6 million in FY 2021 – – Recently completed refinancing of legacy debt, reducing principal debt outstanding […]]]> Thu, 16 Mar 2023 22:27:42 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZl3sqWQEM2h-em6srrLMsqK https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZmhKo7pY2iDWKgzzHWHxDTV Exclusive Interview with Glass House Brands Co-Founder, Chairman and CEO Kyle Kazan Since Kyle Kazan, Co-Founder, Chairman and CEO of California cannabis company Glass House Brands (OTCQX: GLASF) (NEO: GLAS.A.U), last spoke with New Cannabis Ventures in February 2022, the company has turned on a 1 million-square-foot greenhouse. The company has also continued to drive down […]]]> Thu, 16 Mar 2023 21:30:43 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZmhKo7pY2iDWKgzzHWHxDTV https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZlh8Orrkv-fbuQEmsPXZ5C9 Michigan cannabis sales climbed 4.4% in February from January, reaching $216.4 million. On a per-day basis, sales increased 15.6%. The growth of 39.8% from a year ago was the highest over the past year: The Michigan Marijuana Regulatory Agency breaks out sales by medical and adult-use, with medical sales falling 61.5% from a year ago to […]]]> Thu, 16 Mar 2023 20:22:25 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZlh8Orrkv-fbuQEmsPXZ5C9 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZnyhZXwR8H_lQaB2UxGNFpJ Cresco Labs Announces Fourth Quarter & Full Year 2022 Results Annual revenues grew 3% year-over-year and maintained leadership in branded product sales Company laser-focused on profitable core to further strengthen balance sheet CHICAGO-March 16, 2023-(BUSINESS WIRE)–Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (“Cresco Labs” or the “Company”), a vertically integrated, multi-state operator and […]]]> Thu, 16 Mar 2023 14:00:02 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZnyhZXwR8H_lQaB2UxGNFpJ https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZmCOsoSKA9B-AVLTsI7B9NX GrowGeneration Reports Fourth Quarter and Full Year 2022 Financial Results; Provides First Quarter and Full Year 2023 Guidance Full Year Net Revenue of $278.2 million, at the High End of Guidance Full Year Net Loss of $163.7 million and Non-GAAP Adjusted EBITDA Loss of $16.7 million For Full Year 2023, Expected Revenue in the Range […]]]> Wed, 15 Mar 2023 22:37:56 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZmCOsoSKA9B-AVLTsI7B9NX https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZl_8hKDOxsGO1hGNgNo2_0q Exclusive Interview with Trulieve CEO Kim Rivers Trulieve Cannabis Corp.  (OTCQX: TCNNF) (CSE: TRUL) began with a team of 10 people building a company out of a former tomato packing plant in Quincy, Florida. In July 2022, CEO Kim Rivers spoke to New Cannabis Ventures about plans to hit more than $1 billion in revenue […]]]> Wed, 15 Mar 2023 21:04:31 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZl_8hKDOxsGO1hGNgNo2_0q https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZmXOO_6v3ZiAbDXWBZfdr71 AWH Announces Fourth Quarter and Full Year 2022 Financial Results Record Q4 and Full Year Revenue and Adjusted EBITDA Q4 2022 Net Revenue Increased 26.7% Year-over-Year to $112.1 Million Full Year 2022 Net Revenue Increased 22.1% Year-over-Year to $405.9 Million Company Ended Q4 2022 with $74.1 Million of Cash and Cash Equivalents NEW YORK, March 14, 2023 /PRNewswire/ – Ascend Wellness Holdings, […]]]> Tue, 14 Mar 2023 22:31:55 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZmXOO_6v3ZiAbDXWBZfdr71 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZkUZYM4Hv9GlGnhpmeYcemU Amends Existing Revolving Credit Facility to Increase Credit Availability, Improve Terms and Extend Maturity Date; Announces Appointment of New Board Member PHOENIX, March 14, 2023 (GLOBE NEWSWIRE) — TILT Holdings Inc. (“TILT” or the “Company”) (NEO:TILT) (OTCQX: TLLTF), a global provider of cannabis business solutions that include inhalation technologies, cultivation, manufacturing, processing, brand development, and […]]]> Tue, 14 Mar 2023 13:51:06 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZkUZYM4Hv9GlGnhpmeYcemU https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZkUZYM4Hv9GlFRpWVnEcNkS TORONTO, March 14, 2023 /CNW/ – TerrAscend Corp. (“TerrAscend” or the “Company”) today announced that it has applied to list the Company’s common shares (the “Common Shares”) on the Toronto Stock Exchange (the “TSX”). In connection with the Company’s proposed listing on the TSX, and in order to qualify for the TSX’s minimum listing requirements, […]]]> Tue, 14 Mar 2023 13:25:04 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZkUZYM4Hv9GlFRpWVnEcNkS https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZmKJTTJuVTVT6gzzHWHxDTV Glass House Brands Reports Fourth Quarter and Full Year 2022 Financial Results Reports record quarterly revenue of $32.2M, up 14% from Q3 2022 Q4 Biomass production1 up 153% year-on-year and biomass revenue increased 140% year-on-year Record low quarterly cost per pound of $127, down 5% sequentially1,2 Gross margin of 32%, increased from 31% in Q3 2022 and negative […]]]> Mon, 13 Mar 2023 22:55:35 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZmKJTTJuVTVT6gzzHWHxDTV https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZkOi0WJ8YIB7agHTd9OkkKt New Partner Coda Wins Boston’s Best Edible 2023 in First Cup  Appearance, Standard Farms wins 3rd in Baked Edible PHOENIX, March 13, 2023 (GLOBE NEWSWIRE) — TILT Holdings Inc. (“TILT” or the “Company”) (NEO: TILT) (OTCQX: TLLTF), a global provider of cannabis business solutions that include inhalation technologies, cultivation, manufacturing, processing, brand development and retail, announced today that TILT in […]]]> Mon, 13 Mar 2023 13:57:13 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZkOi0WJ8YIB7agHTd9OkkKt https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZl9rdLGp1NrC6bel3Iu4GjH 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 […]]]> Mon, 13 Mar 2023 00:21:28 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZl9rdLGp1NrC6bel3Iu4GjH https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZlPp10RUeJu0pu9CxXrVx4c Exclusive Interview with Village Farms President and CEO Michael DeGiglio When Michael DeGiglio, President and CEO of Village Farms (NASDAQ: VFF), last spoke with New Cannabis Ventures in 2022, the vertically integrated controlled environment agriculture company was on its 15th quarter of positive EBITDA. In 2023, the company has hit 17 quarters of positive EBITDA, […]]]> Fri, 10 Mar 2023 21:34:55 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZlPp10RUeJu0pu9CxXrVx4c https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZnSHOXlTE8gQZONpYks2fGs Hydrofarm Holdings Group Announces Fourth Quarter and Full Year 2022 Results SHOEMAKERSVILLE, Pa., March 09, 2023 (GLOBE NEWSWIRE) — Hydrofarm Holdings Group, Inc. (“Hydrofarm” or the “Company”) (Nasdaq: HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture (“CEA”), today announced financial results for its fourth quarter and […]]]> Thu, 09 Mar 2023 23:47:33 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZnSHOXlTE8gQZONpYks2fGs https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZkftFR3yicnNaJCIqJppjfU Hey Maryland, Orange Ya Glad Gage Cannabis Has Arrived? TORONTO, March 9, 2023 /CNW/ – TerrAscend Corp. (“TerrAscend” or the “Company”) (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, today announced that its Gage Cannabis Co. branded products are now available in Maryland. Known for its world-class genetics, high-quality flower and its iconic Orange logo, Gage […]]]> Thu, 09 Mar 2023 15:51:55 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZkftFR3yicnNaJCIqJppjfU https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZmzl6U46eR6TKvLeqE6yv18 Chicago Atlantic Real Estate Finance Announces Fourth Quarter 2022 Financial Results CHICAGO, March 09, 2023 (GLOBE NEWSWIRE) — Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) (“Chicago Atlantic” or the “Company”), a commercial real estate finance company, today announced its results for the fourth quarter and year ended December 31, 2022. The safety and stability […]]]> Thu, 09 Mar 2023 15:07:10 +0200 https://api.follow.it/track-rss-story-click/v3/RuwmKmEgHZmzl6U46eR6TKvLeqE6yv18