Scotts Miracle-Gro Reports Second Quarter Results Strong first half 2024 execution has Company on pace for full-year targets U.S. Consumer second quarter net sales of $1.38B equal record high Q2 2024 GAAP gross margin of 30.4% and non-GAAP adjusted gross margin of 35.3% reflect 350 and 60 basis point improvements, respectively Strong free cash flow ..read more

As we described in a previous article, the Global Cannabis Stock Index exploded higher in April, rallying 14.6%. It is now up 44.4% in 2024. In this article, we summarize the performance of the other managed indices that New Cannabis Ventures offers to its readers. We discuss the performance of the American Cannabis Operator Index, Ancillary Cannabis Index and ..read more

Cannabis stocks, as measured by the Global Cannabis Stock Index,  exploded higher in late August on news that the Department of Health and Human Services had recommended to the DEA that it move cannabis from Schedule 1 to Schedule 3, and the move continued into September. October wiped out the entire rally, and November and December ..read more

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  mid-March, when we reviewed the unexciting Q4 reports. Tracker Rules This data-driven, fact-based tracker will continually update based on new financial filings so that readers can stay up to date ..read more

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 post this and all of the newsletters on our website ..read more

Statistics Canada released February retail sales for the country, with cannabis sales decreasing from the January levels, down 6.4% to C$376.2 million. On a per-day basis, sales sales rose 0.4%. January was revised higher to C$402.0 million. The sales were up just 3.3% from a year ago. This was down from the 19.8% August growth rate and ..read more

Curaleaf Completes Acquisition of Northern Green Canada Bolsters Company’s Advantage in Several Key Emerging Markets, including Australia, New Zealand, Germany, Poland and the United Kingdom NEW YORK, April 22, 2024 /PRNewswire/ — Curaleaf Holdings, Inc. (TSX: CURA) (OTCQX: CURLF) (“Curaleaf” or the “Company”), a leading international provider of consumer cannabis products, announced today the closing ..read more

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 post this and all of the newsletters on our website ..read more

Illinois adult-use cannabis sales in March were up 9.8% sequentially to a  $148.9 million, which was up by more than the increase in the length of the month. The gain was 10.4% from a year ago: After increasing 106% in 2021, 13% in 2022 and then 5% in 2023, year-to-date adult-use sales are up 9.1% in 2024 to ..read more

Each week, Florida’s Office of Medical Marijuana Use (OMMU), which is part of the state’s Department of Health, releases data on the program, including an active patient count, a qualified physician count, new approvals and an update for each dispensary. That data includes the number of dispensaries and the weight of sales each week. This ..read more