One Cannabis Sub-Sector Rallied
FeaturedTrending Stories March 1, 2025 0
As we described in an article released earlier, the Global Cannabis Stock Index moved lower again in February falling 6.9%. It was down 15.2% in 2024, and it is down 13.7% so far this year. In this article, we summarize the performance of the other managed indices that New Cannabis Ventures offers to... Read more
Trulieve Q4 Revenue Lifts as Adjusted EBITDA Soars
FeaturedTrending Stories February 27, 2025 0
Trulieve Reports Fourth Quarter and Full Year 2024 Results Highlighting Margins and Cash Flow Fourth quarter revenue of $301 million, up 5% year over year, exceeding guidance Gross margin of 62%, compared to 54% during the fourth quarter of 2023 Record 2024 cash flow from operations of $271 million... Read more
Verano Q4 Falls Slightly Below Expectations
FeaturedTrending Stories February 27, 2025 0
Verano Announces Fourth Quarter and Full Year 2024 Financial Results Fourth Quarter 2024 Financial Highlights Revenues, net of Discounts, of $218 million, a decrease of 8% year-over-year, and an increase of 1% versus the prior quarter. Gross profit of $108 million or 49% of revenue. SG&A expense of $84... Read more
MSO Results Have Been Okay
FeaturedTrending Stories February 27, 2025 0
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 important news. We no longer send these... Read more
GTI Revenue and Adjusted EBITDA Were Better Than Expected
FeaturedTrending Stories February 26, 2025 0
CHICAGO and VANCOUVER, British Columbia, Feb. 26, 2025 (GLOBE NEWSWIRE) — Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of RISE Dispensaries, today reported its financial results for the quarter and full year ended... Read more
Big Cannabis Companies Are Set to Report Q4 Financials
FeaturedTrending Stories February 23, 2025 0
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 November, when we reviewed the Q3 reports. Tracker Rules This data-driven, fact-based tracker will continually update based on new financial filings so that readers can stay... Read more
Cannabis Investor Patience Is Being Tested
FeaturedTrending Stories February 20, 2025 0
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 important news. We no longer send these... Read more
Greenlane Raises $25 Million Selling Units at $1.19
FeaturedTrending Stories February 18, 2025 0
Greenlane Holdings, Inc. Announces $25.0 Million Private Placement Priced at the Market Under Nasdaq Rules BOCA RATON, FL / ACCESS Newswire / February 18, 2025 / Greenlane Holdings, Inc. (NASDAQ:GNLN) (the “Company”), one of the premier global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today... Read more
Too Much Love for This MSO
FeaturedTrending Stories February 13, 2025 0
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 important news. We no longer send these... Read more
iAnthus Strengthens Portfolio with $36.5M Sale of Select Arizona Assets to Sonoran Roots Transaction Supports iAnthus’ Focus on Key Growth Markets While Maintaining Presence in Arizona NEW YORK and TORONTO, Feb. 07, 2025 (GLOBE NEWSWIRE) — iAnthus Capital Holdings, Inc. (“iAnthus” or the “Company”) (CSE: IAN, OTCQB: ITHUF), which... Read more