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Aurora Reports 20% YoY Uptick In Global Medical Marijuana, Expects Benefits From International Cannabis Regulatory Reforms
Thursday, June 20, 2024 - 8:59am | 755Aurora Cannabis Inc. (NASDAQ:ACB) (TSX:ACB) announced its financial and operational results Thursday for the fourth quarter and fiscal year 2024. The Alberta-based cannabis giant noted the year-over-year comparison quarter for the fourth quarter of 2024 ending March 31, 2024, is the third quarter...
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This Undervalued Cannabis Stock Has Another Year Of Growth: Reports Record 2023 Revenue And Adjusted EBITDA
Monday, April 29, 2024 - 10:39am | 672Decibel Cannabis Company Inc. (TSXV:DB) (OTCQB:DBCCF) reported its audited financial results on Monday for the three and twelve month periods ending Dec. 31, 2023. The Alberta-based company said it saw a record net revenue of CA$116 million ($84.8 million) in 2023, an increase of 46% over 2022....
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California Cannabis Co. Blüm Reports 36% YoY Drop In 2023 Revenue, Narrows Net Loss By 93%
Tuesday, April 16, 2024 - 8:58am | 475California cannabis producer Blüm Holdings Inc. (OTCQB:BLMH) announced on Tuesday financial results for the full year and fourth quarter ended Dec. 31, 2023. The company reported a 36% year-over-year drop in revenue to $33.2 million, due to a "strategic slowdown in its underperforming distribution...
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Cannabis CPG Co. SLANG Worldwide Narrows Q4 Loss By 56% YoY, Reports Dip In Revenue
Friday, April 12, 2024 - 1:31pm | 768SLANG Worldwide Inc. (CSE:SLNG) (OTCQB:SLGWF) announced its financial results Friday for the three and twelve months ended Dec. 31, 2023, revealing a double-digit decrease in both fourth quarter and full year 2023 loss. “In 2023, we took a deliberate approach to advancing our strategy of...
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Female-Led California Weed Co. Gold Flora's Net Loss Grows In Q4, Reports YoY Increase In Revenue & Gross Profit
Friday, April 5, 2024 - 11:49am | 708Vertically-integrated California cannabis company Gold Flora Corporation (OTC:GRAM) announced its financial results on Friday for the three-month and twelve-month period ended Dec. 31, 2023. “We have strategically built a solid foundation consisting of premier indoor cultivation, and full...
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Lifeist Reports Highest Quarterly Gross Profit In History, Continues To Diversify Its Wellness Business
Tuesday, April 2, 2024 - 10:13am | 835Lifeist Wellness Inc. (TSXV:LFST) (FRANKFURT: M5B) (OTCMKTS: LFSWF) reported its financial results Monday for the three and 12 months ended Nov. 30, 2023. The Toronto-based company noted it had achieved the highest quarterly gross profit in the company's history in the fourth quarter totaling CA$2...
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IM Cannabis' Q4 Revenue: Gross Profit Drops Due To Negative Impact Of Israel-Hamas War, Sees Germany As Growth Opportunity
Thursday, March 28, 2024 - 11:19am | 873IM Cannabis Corp. (NASDAQ:IMCC) (CSE:IMCC) announced its financial and operational results on Thursday for the year ended Dec. 2023. The Toronto-headquartered medical cannabis company with a focus on Israel and Germany reported a 10% year-over-year decrease in revenue to CA$48.8 million ($36...
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Cannabis CPG Co. Cuts Losses, Boosts Gross Profit, Achieves Record Revenue In 2023 Amid Industry Headwinds
Monday, March 25, 2024 - 10:21am | 760Auxly Cannabis Group Inc. (TSX:XLY) (OTCQB:CBWTF) reported its financial results Monday for the fourth quarter and full year ended Dec. 31, 2023. The Toronto-based company said it has achieved record net revenues of CA$101.1 million ($74.3 million) in 2023, representing an increase of 7% compared...
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CBD-Focused Charlotte's Web Narrows Net Loss 75% YoY In Q4, Reports Drop In Revenue
Thursday, March 21, 2024 - 10:17am | 914Charlotte’s Web Holdings, Inc. (TSX:CWEB) (OTCQX:CWBHF) reported its financial results on Thursday for the fourth quarter and year ended Dec. 31, 2023. The Colorado-based hemp extract wellness producer reported a 16% year-over-year decrease in fourth-quarter consolidated net revenue to $15.9...
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SNDL Reports Record CA$909M In Net Revenue For 2023, CEO Zach George Calls It 'Foundational' Period
Thursday, March 21, 2024 - 8:57am | 886SNDL Inc. (NASDAQ:SNDL) reported on Thursday its financial and operational results for the full year and fourth quarter ended Dec. 31, 2023, revealing a record net revenue for 2023 of CA$909 million ($670.3 million) compared to CA$712.2 million in 2022. That's an increase of 28% year-over-year. The...
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Cannabis Co. Cresco Nearly Doubles Adjusted EBITDA YoY To $54.8M In Q4, Narrows Loss In 2023
Wednesday, March 13, 2024 - 10:59am | 694Cresco Labs Inc. (CSE:CL) (OTCQX:CRLBF) (FSE: 6CQ) announced its financial and operating results on Wednesday for the fourth quarter and year ended Dec. 31, 2023. The Chicago-based cannabis giant behind Sunnyside dispensaries reported net revenues of $188.2 in the fourth quarter, decreasing from $...
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NY Cannabis Giant Cannabist's 2023 Revenue Consistent With Prior Year At $511M, Narrows Q4 Net Loss By 76% YoY
Wednesday, March 13, 2024 - 9:00am | 812The Cannabist Company Holdings Inc. reported on Wednesday its financial and operating results for the three months and full year ended Dec. 31, 2023, revealing a 76% year-over-year decrease in a net loss to $72.5 million in the fourth quarter. Gross profit amounted to $43.6 million in fourth...
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Cannabis REIT Chicago Atlantic's Net Income Grows 20% YoY In 2023
Tuesday, March 12, 2024 - 8:55am | 859Cannabis-focused commercial real estate finance company Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI) announced its results on Tuesday for the fourth quarter and year ended December 31, 2023. Distinguished in the cannabis market as one of the few major publicly traded capital providers,...
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Cannabis REIT NewLake: YoY Increase In Q4 & FY 2023 Revenue Amid 'Challenging Environment,' CEO Says
Monday, March 11, 2024 - 10:09am | 507Cannabis REIT NewLake Capital Partners, Inc. (OCTQX: NLCP) announced its financial results on Monday for the fourth quarter and full year ended Dec. 31, 2023. The Connecticut-based company reported a 6.4% year-over-year increase in revenue to $13 million in the fourth quarter. Full-year revenue...
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Israeli Company Reports Record 2023 Revenue, Wants To Transition Cannabis Operations To 'Third Party'
Thursday, March 7, 2024 - 10:20am | 722Evogene Ltd. (NASDAQ:EVGN) (TASE: EVGN) announced on Thursday its financial results for the fourth quarter and full-year period ending December 31, 2023. In the fourth quarter revenues amounted to $578 000, down 12% year-over-year. However, the Rehovot, Israel-based cannabis company reported $5.6...