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cbdMD's Financial Results: Cost-Cutting Measures For Positive Cash Flow Amid Increasing Losses
Wednesday, May 15, 2024 - 6:07pm | 529cbdMD, Inc. (NYSE: YCBD) announced its financial results for the second quarter of fiscal 2024, ending March 31, 2024. Despite an increase in operational losses from $1.4 million in Q2 fiscal 2023 to $1.5 million in Q2 fiscal 2024, management remains optimistic. "Transformation is not always...
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cbdMD Reports Q3 2023 Performance: Net Loss Improves, Focus On Cost Management & Strategic Growth
Thursday, August 10, 2023 - 7:25pm | 686cbdMD, Inc. (AMEX: YCBD) (NYSE: YCBD) reported its financial and operating results Thursday afternoon for the Q3 fiscal 2023. cbdMD's Interim CEO and CFO Ronan Kennedy stated: "We have had a dynamic and eventful quarter, marked by significant capital markets activity, a strategic...
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Explore Aurora's Pre-Rolls, Aphrodisiac Cannabis Elixirs, Vet-Owned Beverages & More Trendy Cannabis Products
Monday, August 7, 2023 - 3:14pm | 946Greetings, fellow cannabis enthusiasts! Get ready to be blown away by an exciting weekly roundup of the hottest cannabis product releases, proudly brought to you by Benzinga. We've got yummy THC chocolates, alluring aphrodisiac wellness cannabis products, delectable gluten-free THC gummies,...
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Ryder Cup To Retirees: Many Golfers Say CBD Is A Hole In One For Their Game
Monday, September 20, 2021 - 10:40am | 1025Professional golf is one of, if not the most cannabis-friendly globally played sports today. While Olympians and athletes in other sports continue to be suspended for cannabis use, several pro golfers and the Professional Golf Association (PGA) have largely embraced CBD and its $2.8 billion...
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Earnings Update: Canopy Rivers, Turning Point Brands, CbdMD, Pyxus International
Wednesday, February 10, 2021 - 11:42am | 831TerrAscend Investment Helps Canopy Rivers Reach $82.2M In Income For Q3 Canopy Rivers Inc. disclosed Wednesday its total comprehensive income amounted to $82.2 million in the third quarter of this fiscal year, versus a loss of $40 million in the same period of last year. The company attributes...
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Quarterly Earnings: Hollister, cbdMD, Power REIT
Wednesday, October 28, 2020 - 11:34am | 578Hollister Posts Unaudited Q3 Financial Results, Generates CA$ 12.5M In Revenue Hollister Biosciences Inc. (CSE: HOLL) (PINK: HSTRF) reported revenue of approximately CA$12.5 million for the third quarter of 2020. The Vancouver-based company also posted CA$1.265 million in EBITDA,...
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CbdMD Net Sales Revenue Expected To Spike 76%, According To Prelim Report
Wednesday, October 14, 2020 - 1:31pm | 229Cannabidiol brand cbdMD Inc. (NYSE: YCBD) anticipates generating between $41.7 million and $41.8 million in net sales revenue in the fourth quarter of this fiscal year. That’s at least a 76% year-over-year increase in revenue, the company says. In addition, cbdMD disclosed its...
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CbdMD Reports Mixed Q2 Results
Thursday, May 16, 2019 - 3:21pm | 327CbdMD Inc (NYSE: YCBD) reported second-quarter results Thursday that arrived higher than expected and included a record sales figure. What Happened For the second quarter, the CBD oil maker reported net sales on a GAAP basis of $5.7 million, up by 84 percent on the year, beating the...
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The Week In Cannabis News: Curaleaf Buys Cura Partners, Canopy Buys C3, Organigram Applies For Nasdaq Listing
Sunday, May 5, 2019 - 2:15pm | 4391This week, cannabis news was dominated by two big acquisitions. The largest was announced by U.S. vertically integrated multistate cannabis operator Curaleaf Holdings, Inc. (OTC: CURLF), which said it would buy Cura Partners, owners of the Select cannabis brand, for approximately $950 million in...
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Ice Cube's BIG3 Basketball League, cbdMD Announce Jersey Sponsorship For 2019 Season
Monday, April 29, 2019 - 10:50am | 367The BIG3 basketball league announced the completion of an exclusive agreement with cbdMD, a Level Brands (NYSE: LEVB) company, to become the official CBD partner of the league when its third season begins in June. What Happened The partnership is the latest CBD-centric move by the 3-on-3 half-court...