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1933 Hits Sales Milestone In January
Wednesday, February 3, 2021 - 12:26pm | 2901933 Industries Inc. (CSE: TGIF) (OTCQB: TGIFF) touted a sales milestone for the first month of 2021. The cannabis consumer packaged goods company disclosed that total sales and open orders amounted to CA$1.4 million ($1.09 million). January was also fruitful for 1933's cultivation...
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Earnings Roundup: Next Green, Namaste, Item 9, Indiva
Wednesday, January 13, 2021 - 1:10pm | 956Next Green Reports Q4 Results And Corporate Appointments Next Green Wave Holdings Inc. (CSE: NGW) (OTCQX: NXGWF) has generated approximately $4.7 million in revenue, compared to $3.6 million in the prior period and $150,000 in the corresponding quarter of 2019. The Vancouver, British...
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Earnings Update: Organigram, Grow Generation, KushCo
Tuesday, January 12, 2021 - 1:53pm | 838Organigram Plans To Ramp Up Staff Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) posted financial results for the first quarter of fiscal 2021. The company reported a net loss of $34.4 million, or 17 cents per share on a diluted basis, which compares to a net loss of $900,000, or one...
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1933 Reports 13% Increase In First Quarter Revenue, Adjusted EBITDA Improves 80%
Wednesday, December 30, 2020 - 10:18am | 278Cannabis consumer packaged goods company, 1933 Industries Inc. (OTCQX: TGIFF) reported Tuesday it has generated roughly CA$2.7 million ($2.1 million) in revenue over the first quarter of fiscal 2021. That’s a sequential increase of 13%. “During the first quarter of 2021, tremendous...
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Earnings Roundup: C21 Investments, Body And Mind, CBD Of Denver
Wednesday, December 16, 2020 - 5:34pm | 595Body And Mind Q4 Revenue Increases By 106% Sequentially Cannabis company Body and Mind Inc. (CSE: BAMM) (OTCQB: BMMJ) announced fiscal results for the fourth quarter and fiscal year ending July 31. The Vancouver-based company generated $6.23 million in consolidated revenue for the whole year...
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Fire & Flower Revenue Spikes 142% YoY On Heels Of Buying Spree
Tuesday, December 15, 2020 - 2:10pm | 380Throughout the third quarter, cannabis retailer Fire & Flower Holdings Corp. (TSX: FAF) (OTCQX: FFLWF) found itself on the hunt for acquisition targets. According to the company's most recent earnings statement, the strategy paid off. Fire & Flower generated around $33.1...
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Earnings Roundup: iAnthus, Can-Fite, Organigram, Bluma Wellness, Auxly
Monday, November 30, 2020 - 1:39pm | 1022iAnthus Touts 82% YoY Revenue Growth, Names Interim COO New York-based iAnthus Capital Holdings Inc. (CSE: IAN) (PINK: ITHUF) generated around $40.6 million in revenue during the third quarter of fiscal 2020. That's up by 17% sequentially and roughly 82% year-over-year. The...
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Jushi Touts 67% Revenue Increase On Heels Of Pennsylvania Expansion
Tuesday, November 24, 2020 - 2:33pm | 464Cannabis company Jushi Holdings Inc. (CSE: JUSH) (OTCQB: JUSHF) reported Tuesday its third-quarter revenue totaled $24.9 million, up by 67% over the quarter. The revenue increase could be attributed to the revenue growth at its BEYOND/HELLO stores in Illinois and Pennsylvania, as well as...
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Cansortium Expands In Florida As Third Quarter Revenue Spikes 94% YoY
Monday, November 23, 2020 - 2:02pm | 319Cannabis company Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) reported Monday that it has generated $14.3 million in revenue in the third quarter of this fiscal year. That’s a year-over-year increase of 94%. Moreover, consolidated revenue for the nine months ended Sept. 30 amounted to $...
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Harborside Beats Q3 Projections As Evogene's Revenue Spikes 200% YoY
Wednesday, November 18, 2020 - 1:08pm | 618Harborside Generates $19.6M In Q3, Expects To 'Ramp Up' Production Capacities In 2021 Harborside Inc. (CSE: HBOR) (OCTQX: HBORF) beat its third-quarter projections generating roughly $19.6 million in gross revenue. That's up by 21.2% sequentially and 42.9% year-over-year. Wholesale...
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Kannaway Parent Medical Marijuana Generates $12.2M, PrestoDoctor Boosts Cannabis Sativa
Tuesday, November 17, 2020 - 1:58pm | 465Medical Marijuana Touts Positive Adjusted EBITDA In Q3, Net Revenue Of $12.2 Million Medical Marijuana Inc. (PINK: MJNA) has generated $12.2 million in net revenue over the third quarter. That's a sequential increase of 11.25%. The earnings report came on the heels of entering the CBN...
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Cannabis Movers & Shakers: Pro Surfer Machado Endorses Ikänik; Indus And Sunday Scaries Have New CFOs
Tuesday, November 10, 2020 - 12:41pm | 1080Here is a summary of the latest company shakeups within the cannabis industry. Surfing Icon Rob Machado Endorses Ikänik Life Ikänik Life tapped icon Rob Machado to endorse the brand. The move comes on the heels of welcoming snowboarding phenom Toby Miller to its Action Sports CBD family....
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Earnings Update: Cronos Confirms 96% Revenue Growth, New CEO; IIP Generates $34.3M In Q3
Thursday, November 5, 2020 - 5:14pm | 665Cronos Touts Uptick In Revenue, Appoints New CEO Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) revealed Thursday its consolidated net revenue for the third quarter amounted to approximately $11.4 million. That's up by $5.6 million or 96% on a yearly basis. For the nine months ended Sept. 30, net...
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Next Green Wave Reports $1M Adjusted EBITDA In October, Over $1.7M In Revenue
Thursday, November 5, 2020 - 12:03pm | 270Next Green Wave Holdings Inc. (CSE: NGW) (OTCQX: NXGWF) reported Thursday it has generated over $1.7 million in revenues for October. Its cash costs for the period amounted to around $700 000. The Vancouver-based company achieved positive adjusted EBITDA of roughly $1 million. Next Green Wave...
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GW Pharmaceuticals Revenue Hits $137M, Tests Another Cannabis Plant-Based Drug
Tuesday, November 3, 2020 - 1:00pm | 402Biopharmaceutical company GW Pharmaceuticals plc (NASDAQ: GWPH) revealed Tuesday that its revenue for the third quarter hit $137.1 million, up by 51% year-over-year. For the first nine months of this fiscal year, total revenue amounted to $378.6 million versus $202.3 million for the...