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Don't Be Fooled By Flashy Numbers: Read Between The Lines With This Guide To Cannabis Earnings Reports
Tuesday, October 29, 2024 - 3:15pm | 1404Whether you’re a newcomer, a seasoned investor, or just curious about the cannabis industry, this guide offers a breakdown of key elements and advanced metrics to help you make informed investment decisions. Understanding these financial statements enables you to read between the lines,...
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Canadian CanadaBis Reports C$3.97M Net Revenue In Q3 2024, 26% Decline YoY
Wednesday, June 26, 2024 - 2:39pm | 394Alberta-based vertically integrated cannabis operator CanadaBis (CVE:CANB) announced the results from their Q3 2024 for the company and its subsidiaries Stigma Pharmaceuticals Inc., Stigma Grow, Stigma Roots, Indicative Collection and Goldstream Cannabis Inc. Despite showing a decrease of 26% YoY...
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Cannabis-Focused Software Co. Springbig Sees Slight Q1 Revenue Decline But Improves Net Loss, Keeps Full Year Financial Guidance
Thursday, May 16, 2024 - 8:36am | 552Florida-based software and cannabis marketing company Springbig Holdings, Inc. (OTCQX:SBIG) released its first quarter 2024 financial figures and announced the appointment to the board of Mark Silver, president of Optus Capital Corporation and a key player in the company’s January debt...
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Canadian Cannabis Retailer High Tide Reports Q2 Revenue Flat To Q1, Net Loss Of CA$1.6M
Wednesday, June 14, 2023 - 4:18pm | 617Canadian cannabis company High Tide (NASDAQ: HITI) (TSXV: HITI) (FSE: 2LYA) released Wednesday its second-quarter earnings report revealing revenue of $CA118.1 million ($88.5 million) up by 46% YoY, but flat compared to the previous quarter. “We remain on track towards...
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Positive Cash Flow Marks Significant Milestone For This Multi-State Cannabis Operator
Wednesday, May 10, 2023 - 11:23am | 406Ascend Wellness Holdings, Inc. (OTC: AAWH), a vertically integrated, multi-state cannabis operator, reported record-breaking quarterly revenue of $114.2 million for Q1 2023, a 34.2% YoY increase, and a 1.9% QoQ increase. Gross revenue hit $141.2 million, up 39.5% YoY. Positive cash flow was...
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Hydroponic Retailer GrowGeneration Posts $56.8M In Q1 2023 Revenue
Wednesday, May 10, 2023 - 9:19am | 324GrowGeneration Corp. (NASDAQ: GRWG), the largest hydroponic and organic garden center chain, reported its financial results for the first quarter ending March 31, late Tuesday, posting revenue of $56.8 million, an increase of 1.58% from the prior year's gross margin of 27.1% and $71.9 million...