New Cannabis Ventures

Michigan's Cannabis Sales Hit Monthly Record, Poised To Become $3B Weed Market In 2023

Is Recreational Weed Killing Medical Marijuana? Michigan MMJ Sales Drop A LOT As Rec Sales Boom

Mostly Tricks, Few Treats For Pot Stocks in 2022

Is Recreational Weed Killing Medical Marijuana? Michigan MMJ Sales Drop A LOT As Rec Sales Boom

Mostly Tricks, Few Treats For Pot Stocks in 2022

Is The Cannabis Market Stagnating In Canada? Sales Show Slowest Annual Growth To Date In August

Marijuana Sales Decline Sequentially In Most Markets In August

Is The Cannabis Market Stagnating In Canada? Sales Show Slowest Annual Growth To Date In August

Marijuana Sales Decline Sequentially In Most Markets In August

Canadian Cannabis Sales Continued To Increase In May, Here's Why

Canadian Cannabis Sales Continue To Rebound In April, Here's Why

New Cannabis Ventures Recent News

11 States Sold $1.68B Cannabis In April: Compared To Year Ago Sales Declined In 7 States, Here's Why

Cannabis sales across 11 states brought in $1.68 billion in April, according to BDSA data, as reported by New Cannabis Ventures.

Top Cannabis Companies By Revenue In May, Marijuana Stocks To Check Out As Earnings Season Fades

As another earnings season draws to a close, investors in cannabis stocks have gone through some trying times.

These 7 Cannabis Stocks May Be Underappreciated As Market Continues To Rebound

Illinois Cannabis Sales Increase 29% To $142.2M In February, After Slow January

After a sharp drop in January, when adult-use sales fell 15% sequentially as they rose 32% from the prior year, Illinois adult-use cannabis sales stabilized in February

Global Cannabis Stock Index Falls, Nearly But Not Quite Breaking 11-Month Losing Streak

The Global Cannabis Stock Index fell for the 12th consecutive month, declining 1.1% to 28.31, reported Alan Brochstein, founder of New Cannabis Ventures and 420 Investor.

Aurora Cannabis Is Selling Stock To Pay Off Debt: Why Tilray And Canopy Could Be Next In Line

Earlier this month, Aurora Cannabis (NASDAQ: ABC) reported its second-quarter financial results, revealing a 10% decline in total net revenue, which totaled slig

Cannabis Stocks Are Among Best Performers In 2022 As Earnings Season Nears

After a rough start in 2022, cannabis stocks seem to have bounced back quickly to become the best performers year-to-date, outpacing the broader stock market or other high-risk sectors.

Pennsylvania Recalls Hundreds Of Cannabis Vaping Products, Curaleaf And Trulieve Affected The Most

The Pennsylvania Department of Health emailed medical marijuana patients on Friday telling them about a mandatory recall of hundreds of different vape products,

These Are The Cannabis Stocks And Potential Opportunities Piquing Investor Interest In Early 2022

Cannabis experienced a bit of a setback in 2021, with sales dipping in many major U.S. markets compared to the staggering results of the year prior, setting the stage for a new year of potential opportunity and uncertainty.

Aurora Beats Tilray As Best Performer Among Canadian Cannabis LPs In October As Stocks Plunge 9.5%

Canadian Cannabis LP Index is on a losing spree for the fourth month, after a 9.5% drop in October to 238.48, New Cannabis Ventures reports. After a 1% gain in June, the index retreated nearly 27% in the third quarter.

Michigan Cannabis Sales Still Up There: September Earnings Reach $161.4M

Michigan's September cannabis sales improved 52.5% from the same period last year, hitting $161.4 million, which was 2.5% lower than in August, reported New Cannabis Ventures.

American Cannabis Operator Index Lost 0.6% This Year, Best Players In July: Columbia Care, Lowell Farms, Ayr Wellness & Ascend Wellness

The American Cannabis Operator Index declined for the fifth straight month falling 10.7% to 62.66.

Canadian Cannabis Sales In March Improve 65% YoY Reaching $246.7M

New data from Statistics Canada revealed that Canadian cannabis sales in March improved 65% year

Dramatic Back-And-Forth Between iAnthus, Investors Foils M&A Plans: Report

Cannabis cultivator iAnthus (Pink: ITHUF) struggled to raise cash when behind-the-scenes drama prevented the New York-based company from inking a deal with potential buyers.

Michigan Cannabis Sales Near $1B In First Year Of Adult-Use Sales

Cannabis sales in Michigan spiked during December, bringing the total to $984.6 million for 2020.

Zenabis To Merge With Another Canadian LP As Sundial Acquires Subsidiary

Cannabis company Zenabis Global Inc. (TSX: ZENA) is poised to merge with an undisclosed licensed cannabis producer.

AFC Gamma Aims To Become Second Cannabis-Focused REIT On Major Exchange With IPO

AFC Gamma, a real estate finance enterprise, plans to go public on the Nasdaq as a REIT and trade under the ticker symbol “AFCG,” according to New Cannabis Ventures.

420 Investor: "This Is The Most Excited I've Ever Been" In Cannabis

Alan Brochstein, author of 420 Investor and founding partner of New Cannabis Ventures, says the recent political momentum behind the cannabis legalization push in the US — and the resulting rebound in cannabis stocks since the U.S. election — has him feeling extremely optimistic about the industry's future.

Ontario Boosts Canadian Cannabis Sales To Reach $245M In August

Canada cannabis sales increased 94% over the year and 6% sequentially to CA$244.9 million in August. According to Statistics Canada, the growth can be attributed to the expansion of the retail footprint across provinces, including British Columbia and especially Ontario.

Village Farms Purchases Emerald's Pure Sunfarms Stake For CA$80M

Village Farms International Inc. (NASDAQ: VFF) (TSX: VFF) agreed to purchase Emerald Health Therapeutics Inc.'s (TSXV: EMH) (OTCQX: EMHTF) stake in the joint venture for CA$79.9 million.

Here's Why Cannabis Stocks Are Getting A Boost

Several cannabis companies such as Canopy Growth Corp. (NYSE: CGC), Tilray Inc. (NASDAQ: TLRY) and Aurora Cannabis Inc. (NYSE: ACB)

Fire & Flower Posts Q1 Results, Reports 142% YoY Revenue Increase

First-quarter revenue for cannabis company Fire & Flower Holdings Corp. (TSX: FAF) (OTCQX: FFLWF) spiked 142% year-over-year, generating CA$23.1 million (US$17 million) at a gross profit of 38.5%.

KushCo President And CRO Jason Vegotsky Confirms Resignation

Cannabis supplier KushCo Holdings Inc. (OTCQX: KSHB) announced Friday that Jason Vegotsky will be stepping down from his current position in the company as of