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MedMen Sees Revenue Decline 40% In Q4, Looks Forward To 2021
Friday, October 16, 2020 - 11:20am | 334MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) announced a net revenue decline of 40% to $27.4 million in the fourth quarter. The Los Angeles cannabis retailer blamed the revenue drop on the current health crisis stemming from the coronavirus pandemic. In May,...
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Aphria Revenue Spikes 23% In Yet Another Growth Quarter
Thursday, October 15, 2020 - 10:08am | 374Aphria Inc. (TSX: APHA) (NASDAQ: APHA) has achieved record gross revenue of CA$69.6 million in the first quarter, up by 23% compared to the previous period. This is the Leamington, Ontario-based company's sixth consecutive quarter of growth. "Our strong first-quarter...
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Harborside Expects Revenue to Exceed $18.5M In Q3
Monday, October 12, 2020 - 11:21am | 265Vertically integrated cannabis company Harborside Inc. (CSE: HBOR) (OTCQX: HBORF) reported Monday that it expects to generate over $18.5 million in gross revenue for the third quarter. The Oakland, California-based company attributes the revenue growth to improved...
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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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Jushi's Revenue Increases 61% Sequentially To $24M
Thursday, October 1, 2020 - 1:14pm | 277Multi-state cannabis and hemp operator Jushi Holdings Inc. (CSE: JUSH) (OTCQB: JUSHF) disclosed Thursday preliminary financial results for the third quarter of this fiscal year, revealing revenue of $24 million. That's a sequential growth of 61%. The Boca Raton, Florida-...
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Quarterly Earnings: Sproutly Transforms Business, TopStrike's Revenue Declines
Tuesday, September 29, 2020 - 2:59pm | 507Sproutly Accelerates 'Business Transformation Plan' In Q1 Sproutly Canada Inc. (CSE: SPR) (FRA: 38G) (OTCQB: SRUTF), which recently reported financial highlights for the year ended Feb. 29, released Monday its financial and operational update for the first quarter of...
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Quarterly Earnings: C21 Investments Touts 'Significant' Cash Flow As Akerna Revenue Declines
Thursday, September 24, 2020 - 10:30am | 676Here's a summary of the latest earnings updates in the cannabis industry: C21 Investments Reports "Significant Cash Flow" In Q2 Vertically integrated cannabis company C21 Investments Inc. (CSE: CXXI) (OTCQB: CXXIF) reported revenue of $9.4 million for the second quarter of this fiscal...
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With $160M In Debt, iAnthus 'Working Diligently' To File Financial Statements
Saturday, June 13, 2020 - 9:00am | 273Multistate cannabis operator iAnthus (OTC: ITHUF) (CSE: IAN) may suffer a stock trading suspension due to its delayed financial reports. The New York-based company expects to default on interest payments. It's "working diligently to file the Required Filings as soon as...
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Diebold's Turnaround Is Taking Too Long, Credit Suisse Says
Friday, May 4, 2018 - 2:55pm | 387Diebold Nixdorf Inc (NYSE: DBD), a financial self-service, security and services company, has "struggled" over the past year but Credit Suisse stuck with it...until now. The Analyst Credit Suisse's Paul Condra downgraded Diebold Nixdorf from Outperform to Neutral with a price...
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3 Reasons Why Citi Upgraded Green Dot To Buy
Tuesday, February 13, 2018 - 3:08pm | 327Green Dot Corporation (NYSE: GDOT) is a provider of reloadable prepaid debit cards and cash reload processing services and the stock has risen more than 120 percent over the past year, but at least one analyst sees the potential for continued upside ahead The Analyst Citi's Andrew Schmidt...
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Analyst: Two Finance-Themed Pair Trades That Could Make You Money
Wednesday, September 16, 2015 - 11:58am | 818Financial stocks have fallen on Chinese growth concerns, but the Street's target prices "barely moved," according to James Fotheringham of BMO Capital Markets. Fotheringham is recommending investors "buy the dip." Fotheringham offered two pair trades, including buy...
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Josh Levine Launches New MicroCap Investor Blog, Functional Inspiration: Money and Innovation in the Microsphere
Monday, December 6, 2010 - 11:12am | 401New York, NY- December 6, 2010 – Josh Levine's MicroCap Investor, a financial advisory service, announced the recently launched Functional Inspiration blog is now available to investors interested in gaining a greater understanding of important financial, economic and technological trends impacting...
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US Stocks Are Having A Free Fall; Financial, Tech, Retail Most Affected
Wednesday, August 11, 2010 - 2:59pm | 306The US market is seeing a sharp fall, with the tech, financial and retail sectors losing their battle to stay afloat primarily as a result of the stance taken by the Fed on the US economy. By 2:32 pm, the Dow has plunged 229.85 points to 10,414.40, the Nasdaq slipped 63.92 and S&P 500 lost 28....
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Top 5 Mid-Cap Stocks In The Financial Sector With The Highest Sales Growth Estimates (AIG, CIM, NLY, AGO, JEF)
Monday, January 4, 2010 - 8:51am | 210Below are the top 5 mid-cap financial stocks on the NASDAQ and the NYSE in terms of sales growth estimates. The sales growth estimate for American International Group Inc (NASDAQ: AIG) for this quarter is 746.9%. AIG’s market capitalization is $4.04 billion. AIG’s shares fell by 11.30% over the...