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Latest Cannabis Hires And Board Changes, Here's What You Need To Know
Wednesday, July 24, 2024 - 4:40pm | 661California's Glass House Reappoints Board Member As Benzinga Cannabis Capital Conference returns to Chicago this Oct. 8-9 for its 19th edition, gathering top CEOs, investors investors and leaders in the cannabis industry, let’s scroll through the latest leadership changes in the space. Get...
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SNDL Cannabis Co. Wraps Up Q1 With No Outstanding Debt As It Works On Expanding In US
Thursday, May 9, 2024 - 2:00pm | 651SNDL Inc. (NASDAQ:SNDL) announced its financial and operational results on Thursday for the first quarter ended March 31, 2024. The company reported a total net revenue of CA$197.7 million, up from CA$191 million in the prior year's period. Out of that sum, cannabis retail revenue amounted to CA$71...
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Q3 2023 Earnings Season: Record Revenue, Robust Performance, Consistent Results From Three Cannabis Companies
Thursday, November 9, 2023 - 10:47pm | 879Nova Cannabis Inc. Reports Record Q3 2023 Revenue, Achieving Gross Margin Growth Nova Cannabis Inc. (TSX: NOVC) (OTCQB: NVACF) released its unaudited condensed interim consolidated financial statements for the three and nine months ended September 30, 2023. Q3 Financial Highlights Total...
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Nova Cannabis Achieves First Quarter Of Positive Net Earnings Since Its Inception
Thursday, August 10, 2023 - 9:25am | 525Nova Cannabis Inc. (OTCQB: NVACF) (TSX:NOVC) released unaudited condensed interim financial statements for the three months ended June 30, 2023, revealing revenue of CA$64.0 million, ($47.8 million) a 13.7% increase from the second quarter of 2022 and a 6% increase from the first quarter of 2023....
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SNDL And Nova Cannabis Extend Outside Date For Closing Of The Strategic Partnership
Monday, July 3, 2023 - 8:18am | 408SNDL Inc. (NASDAQ: SNDL) and Nova Cannabis Inc. (OTCQB: NVACF) (TSX: NOVC) announced that due to ongoing review by regulators with respect to required approvals, the outside date for the closing of the strategic partnership as contemplated by the implementation agreement entered into between SNDL...
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Nova Cannabis Launches Firesale
Thursday, April 6, 2023 - 7:38am | 412Nova Cannabis Inc. (OTCQB: NVACF) (TSX:NOVC) announced the launch of a new retail pilot concept, Firesale Cannabis, which offers discounts on cannabis as a way to combat industry waste. According to Nova Cannabis, the amount of weed wasted each year is a travesty. Firesale reduces cannabis waste by...
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Nova Cannabis FY22 Revenue Grows 68.5% To $166.6M, What About Adjusted EBITDA?
Wednesday, March 29, 2023 - 9:55am | 621Nova Cannabis Inc. (OTCQB: NVACF) (TSX:NOVC) FY 2022 revenue was CA$226.4 million ($166.6 million), a 68.5% increase from CA$134.4 million in 2021. Q4 2022 Financial Highlights Record revenue of CA$61.4 million, a 28.9% increase from the fourth quarter of 2021, and a 4.2% increase from the third...
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Nova Cannabis Q3 Hits Record Sales Of $43.6M, Here Is What You Need To Know
Tuesday, November 8, 2022 - 10:37am | 652Nova Cannabis Inc. (OTCQB: NVACF) (TSX:NOVC) released its unaudited interim consolidated financial statements for the three months ended September 30, 2022, revealing record sales of CA$58.9 million ($43.6 million), a 52.4% increase from the third quarter of 2021, and a 4.6% increase from the...
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Nova Cannabis Ups Credit Facility With Sundial To $15M, Files Base Shelf Prospectus
Friday, June 17, 2022 - 8:10am | 504Nova Cannabis Inc. (OTCQB: NVACF) (TSX:NOVC) has filed a preliminary short-form base shelf prospectus with the securities commissions in each of the provinces and territories of Canada. The base shelf prospectus will, when made final, allow Nova and certain of its security holders to qualify the...
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Nova Cannabis Q1 Sales Grow 171% YoY, Says Sundial Can Help It Extend Across Alberta & Ontario
Tuesday, May 10, 2022 - 10:21am | 595Nova Cannabis Inc. (TSX:NOVC) (OTCQB: NVACF) released its unaudited condensed interim consolidated financial statements for the three months ended March 31, 2022. "The company's Value Buds stores experienced strong sales through the first quarter of 2022, and gross margin improved...