Alan Brochstein, CFA

Canadian Cannabis Sales Sank in January

Statistics Canada released January retail sales for the country, with cannabis sales decreasing from the December levels, down 14.9% to C$418.3 million.  December, originally reported at C$499.4

Read More »

PharmaCann Fails to Pay Rent Again

Large cannabis REIT Innovative Industrial Properties (NYSE: IIPR) reported this morning that its largest tenant, PharmaCann, failed to pay rent again. Recall that it had

Read More »

Another Rough Month in Michigan

Michigan cannabis sales for February fell from a year ago and fell sequentially by 2.4%, which was up on a per-day basis. At $241.3 million, sales were

Read More »

Incredible Cannabis Stock Crunch

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

Read More »

A Strong February for Cannabis Sales

New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s monthly cannabis sales data for 15 states. Cannabis sales increased 2.1% sequentially in February

Read More »

One Cannabis Sub-Sector Rallied

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

Read More »