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Video: Fire & Flower's CFO Nadia Vattovaz Discusses Recent Deals, Calls Q4 'Strongest Quarter Yet'
Tuesday, May 4, 2021 - 12:32pm | 690Fire & Flower Holdings Corp. (TSX:FAF) (OTCQX: FFLWF), a tech-oriented cannabis retailer, saw a 150% year-over-year revenue growth, reaching CA$128.1 million ($103.2 million) in 2021 at a gross profit of 35.5%. Its fourth-quarter revenue amounted to CA$43.2 million at a gross profit of 38%....
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Cannabis Co. Verano Posts Strong 2020 Financials, Expects To Close Accretive Acquisitions In 2021
Thursday, April 8, 2021 - 12:15pm | 445Verano Holdings Corp. (CSE:VRNO) (OTCQX: VRNOF) reported Thursday its revenue amounted to $355 million in fiscal 2020, representing a 196% year-over-year increase. On an unadjusted basis and not including the impact of biological assets, gross profit was $224 million. It accounted for 63% of 2020...
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iAnthus Posts 93.5% Surge In Revenue, 232% Increase In Gross Profit YoY Despite 2020 Setbacks
Thursday, April 1, 2021 - 1:26pm | 331iAnthus Capital Holdings, Inc. (CSE:IAN) (OTCPK: ITHUF) reported Thursday its revenue went up by 93.5% year-over-year to $151.7 million in 2020. Fourth-quarter revenue amounted to $46 million. For the fiscal year ended December 31, the gross profit amounted to $86.7 million, representing a 232.2%...
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Earnings Roundup: Power REIT And MariMed Report Revenue Spikes, Willow Biosciences Explores CBG
Wednesday, March 24, 2021 - 1:58pm | 862Power REIT Q4 Revenue Increases 122% YoY, Eyes 'Accretive Acquisitions' Power REIT (NYSE-AMEX: PW) reported Wednesday its core funds from operations (Core FFO) per common share amounted to $0.51 in the fourth quarter of 2020 and $1.34 for the full year. That’s a year-over-year...
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Earnings Roundup: Acreage Q4 Revenue Increases 50% YoY, Curaleaf Touts Record Revenue, Adjusted EBITDA
Wednesday, March 10, 2021 - 10:23am | 642Acreage Reports 55% YoY Increase In Revenue Cannabis company Acreage Holdings Inc. (OTCQX: ACRDF) has generated $31.5 million in revenue in the last three months of 2020, up by 50% year-over-year. For the full-year revenue amounted to $114.5 million, representing year-over-year...
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Earnings Roundup: Neptune, Item9, GW Pharmaceuticals
Tuesday, February 16, 2021 - 1:31pm | 773Neptune Revenue Declines 63% YoY, Shifts To CPG And Branded Products Global health and wellness company Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT) revealed Monday its third-quarter financial results, on the heels of announcing the purchase of a 50.1% stake in baby food and...
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Supreme Cannabis Reports Q2 Revenue Growth, Posts Adjusted EBITDA Of $3.6M
Friday, February 12, 2021 - 12:59pm | 285The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) has generated roughly $21.7 in gross revenue and $18.3 million in net revenue in the second quarter of fiscal 2021. Over the same period, recreational net revenue increased 70% to $12.7 million. Wholesale net revenue, including...
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ScottsMiracle-Gro Posts Q1 Profit, Hawthorne Gardening Revenue Spikes 71% To $309M
Wednesday, February 3, 2021 - 12:35pm | 265The Scotts Miracle-Gro Company (NYSE: SMG) reported Wednesday a 105% sales spike, reaching $748.6 million in the first three months of this fiscal year. The record quarterly results can be mainly attributed to the substantial retailer support in the U.S. Consumer and Hawthorne segments, according...
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1933 Hits Sales Milestone In January
Wednesday, February 3, 2021 - 12:26pm | 2901933 Industries Inc. (CSE: TGIF) (OTCQB: TGIFF) touted a sales milestone for the first month of 2021. The cannabis consumer packaged goods company disclosed that total sales and open orders amounted to CA$1.4 million ($1.09 million). January was also fruitful for 1933's cultivation...
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Earnings Update: Organigram, Grow Generation, KushCo
Tuesday, January 12, 2021 - 1:53pm | 838Organigram Plans To Ramp Up Staff Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) posted financial results for the first quarter of fiscal 2021. The company reported a net loss of $34.4 million, or 17 cents per share on a diluted basis, which compares to a net loss of $900,000, or one...
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Jim Cramer Discusses Twilio, Bank Stocks Ahead Of Q3 Earnings This Week
Monday, October 12, 2020 - 9:34am | 510Jim Cramer on this morning's edition of CNBC's "Opening Bell" shared his thoughts on Twilio and the upcoming earnings from banks. Cramer on Twilio: Cramer discussed Twilio (NYSE: TWLO), which announced it will be acquiring Segment. Cramer believes the company is keeping small...
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Radient Posts $5.5M Net Loss, Continues To Restructure Operations
Friday, October 9, 2020 - 11:42am | 362Radient Technologies Inc. (OTCQX: RDDTF) revealed Thursday it generated $42,435 in revenues for the first quarter of fiscal 2021. The Edmonton, Alberta-based producer of cannabinoid-based formulations and products, noted that revenues represented considerably reduced...
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Another Truckload Carrier Announces Earnings Warning
Wednesday, July 17, 2019 - 5:25pm | 813Add Covenant Transportation Group (NASDAQ: CVTI) to the group of truckload (TL) carriers that won't be able to meet analyst expectations for the second quarter of 2019. Earlier today (July 17, 2019), Knight-Swift Transportation Holdings, Inc. (NYSE: KNX) modestly lowered its earnings outlook for...
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After Chilly Winter, Homebuilders To Share Earnings With High Hopes Ahead
Tuesday, April 23, 2019 - 3:06pm | 1200By most accounts, homebuilders didn’t exactly get much hammer time in Q1. The weather—always a dubious affair for outside framing and brick-laying at any time—wasn’t just unseasonably chilly this winter, it was downright nasty. The polar vortex hit and then created a ripple...
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Covenant Expects Softening Demand To Take Toll On Q1 Earnings
Tuesday, March 19, 2019 - 11:41am | 747Covenant Transportation Group, Inc. (NASDAQ: CVTI) warned analysts on Monday that economic headwinds could depress its earnings. After posting record earnings for the fourth quarter of 2018, the company is expecting its first quarter earnings to take a hit from lowered demand in the early months of...