earnings report

On Tuesday, major U.S. banks released their second-quarter financial results, surpassing both earnings and revenue estimates provided by the Street. This positive outcome has reinforced market confidence in the strength and stability of the banking system. Let’s delve into how each major U.S...

Charlotte-based CBD company cbdMD (AMEX: YCBD) reported its second-quarter fiscal 2023 results late Monday, revealing an improved net loss and significant reductions in selling, general and administrative (SG&A) costs. "This is one of the best operating results we have had since the...

Jones Soda Co. (OTC: JSDA), a craft soda company known for its unconventional flavors, announced its financial results late Thursday for the first quarter that ended March 31, 2023. Despite a challenging comparison with last year’s Q1 revenue, Jones Soda managed to make notable...

Cannabis consumer packaged goods company Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF) will report its fourth-quarter financials on Tuesday. Cantor Fitzgerald's analyst Pablo Zuanic discussed his expectations in a recent note. As with other operators in the space, price deflation and...

Vertically integrated cannabis dispensary franchisor and operator Item 9 Labs Corp. (OTCQX: INLB) reported on Tuesday its fiscal third quarter operating and financial results for the nine months ended June 30, 2022. Financial Highlights for Nine Months Ended June 30 Revenue totaled $17.8 million,...

Flora Growth Corp. (NASDAQ: FLGC) has reported its financial and operating results for the fiscal year ended December 31, 2021. “Fiscal year 2021 was a foundational year for our company as we closed our first full year of revenues,” Luis Merchan, chairman and CEO of Flora, said. “...

Medical Marijuana, Inc. (OTC: MJNA) has announced its financial results for the year ending December 31, 2021, and provided an overview of recent operational highlights. Q3 2021 Financial & Operational Highlights Generated $34.1 million in net revenue for fiscal year 2021. Gross profit fiscal...

PSYC Corporation (OTCP: PSYC), formerly known as Global Trac Solutions, Inc. and a company behind a psychedelic news and information platform Psychedelic Spotlight, reported its 2020 financials on Tuesday. The Lake Oswego, Oregon-based company reported a net loss of roughly $4.4 million in fiscal...

Decibel Cannabis Company Inc. (NYSE: DB) (OTC: DBCCF) has provided an operational update with respect to its capital projects and announced its fourth consecutive month of record market share in February. "With our capital projects having achieved key milestones, it is a testament to our...

Cannabis company Grown Rogue International Inc. (CSE: GRIN) (OTC: GRUSF) reported audited results for the fiscal year ended October 31, 2021. “Grown Rogue grew substantially in 2021 driven by continued expansion in Michigan and Oregon,” Obie Strickler, CEO of Grown Rogue, said. “...

Greenway Greenhouse Cannabis Corporation (CSE: GWAY) has released its unaudited interim financial statements for the three and nine-month periods ending December 31, 2021, reporting a positive adjusted EBITDA for the second consecutive quarter. Financial & Business Highlights Generated...

CLS Holdings USA, Inc. (OTCQB: CLSH) (CSE:CLSH), a cannabis company which operates as Cannabis Life Sciences, announced the financial and operational results for its Nevada wholly owned subsidiaries for the month of January 2022 with net revenues of $1.75 million and a gross margin of 55%,...

Canadian cannabis extraction company Ayurcann Holdings Corp. (CSE: AYUR) (FSE: 3ZQ0) reported its financial and operating results on Friday for the year ending June 30, 2021, reporting 1,149% year-over-year in revenue to CA$7.63 million ($6.16 million). In addition to record revenue, the...

Flora Growth Corp. (NASDAQ: FLGC) reported its financial and operating results for the six months ending June 30, 2021, revealing revenues of over $2 million, compared to revenues of approximately $100 000 in the same period of last year. “The first half of our fiscal year is highlighted by a...

Cannabis Strategic Ventures (OTC: NUGS) reported a significant boost in revenue in 2020. Consolidated revenue jumped 517% year-over-year to $14.6 million, according to the Los Angeles-based cannabis company's earnings report Wednesday. Revenues coming from cannabis sales amounted to $14.1...