Cannabis Earnings Season Has Been Challenging
The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. December and January were a slow period for reporting,...
View ArticleCanadian Cannabis Sales Slide 7% Sequentially
Statistics Canada released January retail sales for the country, with cannabis sales falling from the inflated December levels, down 7.1% to C395.5 million. December was unrevised at C$425.9 million....
View ArticleThese 3 Cannabis Sectors Sank in March
As we described in a previous article, the Global Cannabis Stock Index fell in February after rising to begin the year. In March, the index plunged 15.2%, leaving it down 12.5% in the first quarter of...
View ArticleTilray to Acquire Balance of HEXO Corp
HEXO Corp. Announces Acquisition by Tilray Brands GATINEAU, Québec, April 10, 2023–(BUSINESS WIRE)–HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (“HEXO” or the “Company”) announces that it has entered into a...
View ArticleTilray Q3 Revenue Falls 5% Sequentially
Tilray Brands Reports Third Quarter Fiscal Year 2023 Financial Results and Announces Accretive Acquisition of 100% of HEXO Corp. Delivered $145.6 Million in Net Revenue and 16th Consecutive Quarter of...
View ArticleSome Surprising Bargains in Canadian Cannabis Stocks
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...
View ArticleCanadian Cannabis Sales Slow in February
Statistics Canada released February retail sales for the country, with cannabis sales falling from the January levels, down 7.5% to C$365.7 million. January was revised slightly to C$395.4 million....
View ArticleCanadian Cannabis Sales Move Higher in March
Statistics Canada released March retail sales for the country, with cannabis sales rising from the February levels, up 11.3% to C$405.5 million. February was revised slightly lower to C$364.3 million....
View ArticleBC Helps Drive Canadian Cannabis Sales Higher in April
Statistics Canada released April retail sales for the country, with cannabis sales rising from the March levels, up 1.3% to C$411.7 million. March was revised slightly higher to C$406.4 million. The...
View ArticleThe Global Cannabis Stock Index Sinks to New Lows Again During June
Cannabis stocks began the year with a bounce that ended quickly, and during June the Global Cannabis Stock Index fell again, dropping 2.2% to 7.50 with a 7.39 intraday all-time low and a 7.41 closing...
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