MedMen offers a robust selection of high‐quality products, including MedMen‐owned brands MedMen Red and LuxLyte through its premium retail stores, proprietary delivery service, as well as curbside and in‐store pickup. …Read the full story
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. During the quarter, it repurchased C$7.1 million at a discount, and the company used the proceeds from its ATM to get more aggressive, disclosing that after the quarter it purchased another C$13.4 […]
This data-driven, fact-based tracker will continually update based on new financial filings so that readers can stay up to date. When we launched this resource in May 2019, companies with quarterly revenue in excess of US$2.5 million qualified. We note that often operating income can include one-time items like stock compensation, inventory write-downs or public […]
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. Over the next month, the leading American cannabis companies will be reporting their 4th quarter financial results, beginning with Green Thumb Industries on March 1st and Curaleaf on March 3rd. As we […]
420 Opportunity ended the week valued at $87,561, down 9.8%.The model portfolio, down 13.8% in 2021 after a 35.6% gain in 2020, is down 3.6% in 2022 and has increased 75.1% since April 2014 despite the large loss in the index since then. Disappointment over the slow pace of federal reforms or the move towards […]
Quebec was up 14% from November and 9x% from a year ago, while British Columbia was up 510% from November as it advanced 22% from a year ago. Hifyre IQ estimated that product categories have seen a shift towards non-flower products, which it estimates at a record 30% in December compared to 28.5% in November. […]
While the company does have physical stores, it is evolving to become more of a technology platform, according to CEO Trevor Fencott. As Fire & Flower becomes more of a cannabis consumer technology platform, its leadership team has evolved. The company is also in the process of listing on the NASDAQ, historically a technology exchange, […]
LOS ANGELES – – Cann, the leading cannabis-infused beverage company, announced today a $27M Series A funding round coming from fresh institutional capital, existing investors like Imaginary Ventures doubling down, and a roster of new celebrity investors including Nina Dobrev, Adam Devine, Zoey Deutch, Jordan Cooper, Sara Foster and Rosario Dawson. “We continue to invest […]
. Upon the closing of the transaction, Northern Lights and Safe Harbor will be led by Sundie Seefried, Founder and Chief Executive Officer of Safe Harbor. Established in 2015 by PCCU, Safe Harbor was formed to provide an unmet need – compliant access to banking and financial services for the rapidly growing U.S. Despite this […]
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. Two weeks ago, we lamented the horrible start to 2022 for cannabis stocks, pointing to the 18.4% decline in the New Cannabis Ventures Global Cannabis Stock Index during the first four weeks of the […]
Massachusetts also saw a sharp decline in January, with adult-use sales falling 11.5%, up 29% from a year ago, and medical declining 18%, down 11% from a year ago. 420 Opportunity ended the week valued at $97,108, up 16.6%.The model portfolio, down 13.8% in 2021 after a 35.6% gain in 2020, is up 6.9% in […]
10, 2022 systems engineering and technologies, today announced the pricing of an underwritten public offering of 5,811,138 shares of the Company’s common stock and warrants to purchase up to 5,811,138 shares of the Company’s common stock at a combined public offering price of $4.13 per share and warrant for aggregate gross proceeds of $24 million […]
Co-Founder and CEO Erin Gore spoke with New Cannabis Ventures in 2019 and reconnected this year to talk about the company’s business model and national ambitions. Over time, it became clear that this model was not scalable for the company. It is contract manufacturing for many of the leading brands in the state, which has […]
, the Canadian company defining the future of cannabinoids worldwide, today announced its financial and operational results for the second quarter fiscal 2022 ended December 31, 2021. During the second quarter, we improved our Adjusted EBITDA by $2.5 million over Q1, moving us closer to our profitability goal. New international markets are rapidly opening, and […]
to lead the Company’s strategic investor relations and financial communications program across all key markets. The campaign will highlight IM Cannabis’ position at the forefront of the global cannabis industry and the Company’s progress with its expansion strategy through regulatory and supply chain expertise, synergistic multi-market benefits, global consumer insights, and advancements in medical cannabis. […]
Based on the belief that everything starts with the quality of the plant, the Company is focused on superior cultivation to grow superior branded cannabis products. Ayr’s leadership team brings proven expertise in growing successful businesses through disciplined operational and financial management, and is committed to driving positive impact for customers, employees and the communities […]
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 transaction is consistent with a theme we have been discussing since 2020, industry consolidation, and follows several other transactions that we think can create value for the acquiring companies. In New […]
BDSA data showed mixed trends in the more mature western markets but clear evidence of stronger demand for cannabis in December in eastern markets. 420 Opportunity ended the week valued at $83,271, up 13.6%.The model portfolio, down 13.8% in 2021 after a 35.6% gain in 2020, is down 8.3% in 2022 and has increased 66.5% since […]
The list consists of the manufacturer and the name of the product. Kim Rivers, CEO of Trulieve, told New Cannabis Ventures that many SKUs are unaffected, and that some of the products recalled were no longer on the market as well. …Read the full story
