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Cannabis Reports Highlight $339M And $297.6M Revenue Insights In Curaleaf And Trulieve's Q1 2024 Financials
Friday, May 10, 2024 - 6:42pm | 770A recent Beacon Securities report focuses on Curaleaf's strategic financial management and the potential impacts of legislative changes on its operations. Concurrently, Needham's report highlights Trulieve's operational strengths and projected growth, emphasizing the company's...
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Vegas-Based Planet 13 First Quarter: $22.9M Revenue, $5.9M Net Loss, Gears Up For Florida Expansion
Thursday, May 9, 2024 - 11:08pm | 508Planet 13 Holdings Inc. (OTC: PLTH), a leading vertically integrated multi-state cannabis company, unveiled its financial performance for the first quarter ending March 31, 2024. The company reported revenue of $22.9 million, with a net loss of $5.9 million and an adjusted EBITDA loss of $0.0...
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Cannabis Company TerrAscend Posts Q1 2024 Gains In Revenue And Operational Efficiency
Thursday, May 9, 2024 - 8:31pm | 400TerrAscend Corp. (OTC: TSNDF), a cannabis company with a presence in several states, reported its financial performance for the first quarter that ended March 31, 2024 with gains in revenue and operational efficiency. TerrAscend announced an increase in net revenue to $80.6 million, marking a...
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Jushi Holdings Q1 2024: Cannabis Gross Margin Climbs To 49.4%, Net Loss Widens To $18.4M
Thursday, May 9, 2024 - 7:43pm | 405Jushi Holdings Inc. (OTC: JUSHF), a leading multi-state cannabis operator, reported its financial outcomes Thursday for the first quarter of 2024, highlighting advancements in profitability and operational efficiency. Jim Cacioppo, CEO of Jushi, expressed satisfaction with the company's...
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Cronos Cannabis Company Slashes Losses, Reports Highest Quarterly Net Revenue In Q1 2024
Thursday, May 9, 2024 - 1:18pm | 572Cronos Group Inc., (NASDAQ: CRON) a global cannabinoid company, has reported an increase in net revenue for the first quarter of 2024. The company's net revenue surged by 30%, reaching $25.3 million, driven primarily by sales in Canada and Israel. Despite this revenue upswing, Cronos posted a...
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Q1 2024: MariMed's Revenue Rises To $37.9M, Amid Declining Gross Margin
Wednesday, May 8, 2024 - 10:22pm | 610MariMed Inc. (MRMD), a multi-state cannabis operator, disclosed its financial outcomes Wednesday evening for the first quarter of 2024, which ended on March 31. The company reported a revenue of $37.9 million, an increase from $34.4 million in the corresponding quarter last year. Jon Levine, the...
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Agrify Cannabis Cultivation & Tech Company's Full-Year Earnings Mark Major Positive Comeback
Monday, April 15, 2024 - 8:17pm | 449Agrify Corporation (NASDAQ: AGFY), a trailblazer in cultivation and extraction technologies for the cannabis sector, has disclosed its financial achievements for the fiscal year ending December 31, 2023, marking a significant turnaround with its first-ever positive quarterly net income. In the...
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Marijuana Investors Bet Big On Long-Term Growth Over Short-Term Earnings As Market Value Rises By 39%
Monday, April 15, 2024 - 7:53pm | 948Recent data from the Viridian Cannabis Deal Tracker highlights significant changes in the valuation multiples of major multi-state operators (MSOs) in the cannabis sector. The Viridian Cannabis Deal Tracker has become an indispensable tool for companies, investors and acquirers in the cannabis...
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CBG Producer Willow Biosciences Announces Record 43% Revenue Increase And Strategic Moves Ahead
Tuesday, April 2, 2024 - 10:02am | 746Willow Biosciences Inc., (OTC: CANSF) a frontrunner in biotech innovations for sustainable ingredient production, reported its financial and operational results Tuesday morning for the fourth quarter and fiscal year 2023. The year marked a period of significant reorganization and growth,...
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Goodness Growth Holdings Reports Q4 2023 Revenue Growth, Gross Margin And Operating Profits
Tuesday, April 2, 2024 - 9:27am | 856Goodness Growth Holdings, Inc.,(CSE: GDNS) (OTC: GDNSF) cannabis company reported its financial results Tuesday morning for the fourth quarter and the entire fiscal year of 2023. The Minneapolis-based firm reported Q4 2023 revenue of $24.2 million, a robust increase of 34.4% compared...
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Financial Service Provider In Cannabis Reports 4Q & 2023 Results: Annual Revenue Up By 85.3%
Monday, April 1, 2024 - 9:35pm | 504Safe Harbor Financial (NASDAQ: SHFS), a leading facilitator of financial services to the regulated cannabis industry, reported its financial results late Monday for the fourth quarter and full year concluded on December 31, 2023. Safe Harbor reported record annual revenue surging by 85.3% to $...
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Cannabis Company Glass House Reports: 89% Increase In Revenue, Aims For $50 M Profits In 2024
Thursday, March 28, 2024 - 11:23am | 582Glass House Brands Inc. (OTC: GHBWF), a vertically integrated cannabis firm in California, revealed an 89% surge in annual revenue to $160.8 million, setting a new record. In the fourth quarter, revenue climbed 35% to $40.4 million, marking the fourth straight quarter of positive adjusted EBITDA at...
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Cannabis Producer, Rubicon Organics, Reports Seventh Consecutive Quarter Of Positive Cash Flow & EBITDA
Thursday, March 28, 2024 - 10:25am | 559Rubicon Organics Inc. (TSXV: ROMJ) (OTC: ROMJF), a leading producer of organic certified, premium cannabis, has reported its financial outcomes for the year ended December 31, 2023, showcasing significant growth. The company achieved a net revenue of $40.1 million, marking a 13% increase from the...
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How Cannabis Company Planet 13 Stays Green Amid $23M Revenue And Red Ink, Q4 2023 Financial Results
Wednesday, March 13, 2024 - 6:47pm | 618Las Vegas-based cannabis giant, Planet 13 Holdings Inc. (CSE: PLTH) (OTC: PLNH), revealed its financial performance for the fourth quarter of 2023 on Wednesday afternoon. Despite a net loss of $14.3 million, which included a $7.2 million non-cash impairment loss, the company reported a commendable...
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GrowGeneration Reports Q4 & 2023 Results: Sales Dip, Earns More Per Sale Thanks To Smart Product Strategy
Wednesday, March 13, 2024 - 5:39pm | 668GrowGeneration Corp. (NASDAQ: GRWG), a top provider of hydroponic and organic gardening products reported its financial results for 2023, with net revenue reaching $225.9 million, outperforming expectations. Despite this achievement, the year witnessed a revenue decrease of 18.8%. This decline,...