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Cost-Efficiency Leads To Profits For This Cannabis Company: Positive Q2 2023 Results Tell The Story
Wednesday, August 30, 2023 - 12:06pm | 368Greenway Greenhouse Cannabis Corporation (CSE: GWAY) (OTCQB: GWAYF), a Canadian cannabis producer, announced its Q2 2023 interim financial results Wednesday. Carl Mastronardi, president of Greenway, emphasized the company's commitment to low-cost, high-quality production. CEO Jamie D'...
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MTL Cannabis Corp's Q1 2024 Results: Net Revenue Up 121% Amid Strong Gross Profits
Monday, August 28, 2023 - 10:48am | 337MTL Cannabis Corp. (CSE: MTLC) announced its Q1 2023 financial outcomes on Monday through its subsidiary, Montréal Cannabis Médical Inc. MTL Cannabis CEO Michael Perron expressed confidence in the company's growth trajectory, driven by a robust business model and customer...
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Innocan Pharma's Q2 2023 Reports Gross Profit Growth Driven By Robust Subsidiary Sales
Monday, August 28, 2023 - 10:13am | 373Innocan Pharma Corporation (CSE: INNO)(FSE: IP4) (OTC: INNPF), a pharmaceutical technology firm specializing in innovative drug delivery platforms, reported its financial results for Q2 2023. The company's CEO, Iris Bincovich, expressed excitement about the positive trajectory and strategic...
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Will Greenlane Holdings' Cost-Trimming Counter Q2 2023 Revenue Decline?
Monday, August 14, 2023 - 11:29pm | 400Greenlane Holdings, Inc. (NASDAQ: GNLN), a global leader in cannabis accessories and vaporization products, reported its financial performance Monday for the second quarter concluding on June 30th, 2023. The company reported a decline in revenue for Q2 2023, with figures dropping to $19.6...
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'Best Q2 in Our History' Glass House Brands Reports Record Results, Gross Margin Above 50%
Monday, August 14, 2023 - 11:12pm | 538Glass House Brands Inc. (OTCQX: GLASF) (OTC: GHBWF), a vertically integrated cannabis company in the U.S., released Monday its financial results for the second quarter concluding on June 30, 2023. "The best Q2 in our history. Record cash flow, positive EBITDA," Kyle Kazan, co-founder,...
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IntelGenx Q2 2023: Revenue Decline 67%, Operating Costs Rise, What About Net Loss?
Monday, August 14, 2023 - 10:54pm | 543IntelGenx Technologies Corp. (TSX: IGX) (OTC: IGXT), a drug delivery company focused on the development and manufacturing of pharmaceutical films, reported its financial results on Monday for the second quarter ending on June 30, 2023. IntelGenx: 67% Revenue Dip, Strategic Successes - Can It...
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Clever Leaves Reports 21% Revenue Growth And 10% Gross Profit Rise In 2Q 2023
Monday, August 14, 2023 - 9:17pm | 480Clever Leaves Holdings Inc. (NASDAQ: CLVR), a multinational cannabis company, announced its financial and operational results late Monday for the second quarter ending June 30, 2023. 21% Revenue Boost The company reported a 21% year-over-year increase in revenue, driven by a remarkable...
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Surging 147%, Safe Harbor Financial Reports Q2 2023 Revenue $4.6M, Total Deposits Reach $1.1B
Monday, August 14, 2023 - 7:19pm | 413Safe Harbor Financial (NASDAQ: SHFS), a facilitator of financial services and credit solutions for the cannabis industry, release its financial results Monday for the quarter ending June 30, 2023 (Q2 2023). Safe Harbor's Q2 2023 Revenue And Operational Highlights Safe Harbor...
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Is Delta 9 Cannabis Inc.'s Q2 2023 Revenue Surge Enough To Offset Net Losses?
Monday, August 14, 2023 - 7:16pm | 382Delta 9 Cannabis Inc. (OTC: DLTNF) released its financial results Monday for the three-month period ending June 30, 2022. During the second quarter of 2022, Delta 9 reported a net loss of $(3.4) million from operations, a notable contrast to the $(0.8) million loss incurred in the same...
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Volume VS. Price: Lowell Farms Inc.'s Q2 2023 Earnings Show Volume Down 37%, Prices Up By 44%
Thursday, August 10, 2023 - 11:31pm | 508California-based cannabis company, Lowell Farms Inc. (OTC: LOWLF), reported Thursday evening its unaudited financial and operational results for the second quarter of 2023. During Q2 2023, the company's net revenue decreased by 47% to $7.0 million from $13.2 million in the same period...
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Leafly's Q2 2023 Earnings Report Highlights Positive EBITDA Amid Revenue Dip
Thursday, August 10, 2023 - 6:32pm | 346Leafly Holdings Inc. (NASDAQ: LFLY), an online cannabis discovery marketplace, reported its Q2 2023 financial results Thursday afternoon. Yoko Miyashita, Leafly’s CEO, attributed the performance to strategic focus and enhanced customer experiences. "Our second quarter results...
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Planet 13's Q2 2023 Results: Co-CEOs Highlight Strategic Growth, Margins, EBITDA
Wednesday, August 9, 2023 - 6:57pm | 449Planet 13 Holdings Inc. (OTC: PLNHF), a multi-state cannabis company, unveiled Q2 2023 financial results on Wednesday afternoon. Highlights Despite a 9.1% revenue decrease to $25.8 million, owing to lowered cannabis prices in Nevada, the company reported improved gross and EBITDA margins: $11.9...
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Curaleaf Q1 Revenue Grows 14%, Optimizing U.S. Assets & Heading To Europe Says Boss Boris Jordan
Wednesday, May 17, 2023 - 5:51pm | 572Curaleaf Holdings Inc. (CSE: CURA) (OTC: CURLF) released its financial results for the first quarter ended March 31, 2023. Q1 2023 Financial Highlights Net Revenue of $336.5 million, a year-over-year increase of 14% compared to Q1 2022 revenue of $296 million, which excludes discontinued...
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4Front Ventures Boasts Positive Q1 As It Expands To Illinois & Increases Sales In MA & California
Monday, May 15, 2023 - 10:47pm | 4934Front Ventures Corp.,(CSE: FFNT) (OTCQX: FFNTF) a vertically integrated cannabis operator, and retailer, reported its financial results late Monday for the first quarter that ended March 31, 2023 Main Takeaways 4Front's revenue growth was driven by increased sales in California and...
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Glass House Brands' Net Sales Increase 108% To $29M, Exceeds Production, Revenue And Margin Guidance
Monday, May 15, 2023 - 10:34pm | 470Glass House Brands Inc., (OTC: GLASF) (OTC: GHBWF) a leading cannabis company in the U.S., announced its financial results for the first quarter ending March 31, 2023, late on Monday. The company anticipates substantial growth in revenues, profitability and shareholder value,...