-
TerrAscend Earnings Report Boasts 90% YoY Net Sales Increase
Monday, November 2, 2020 - 1:25pm | 328Net sales at TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF) amounted to CA$51 million in the company's third quarter earnings report for 2020. That’s a sequential increase of 8% and a 90% year-over-year. Moreover, adjusted EBITDA amounted to CA$17.8 million for the same period...
-
Quarterly Earnings: Namaste, Hexo, KushCO, Delta 9, Liberty Health
Friday, October 30, 2020 - 12:43pm | 964Namaste Net Revenue Spikes 49% YoY In Q3: Namaste Technologies Inc. (TSXV: N) (OTCMKTS: NXTTF) reported Thursday a 49% year-over-year increase in net revenue, reaching CA$5.6 million in the third quarter. CannMart, a subsidiary of the Toronto-based company, generated CA$2....
-
TILT Expects Revenue Of $41M, Confirms Leadership Changes
Thursday, October 29, 2020 - 10:30am | 253TILT Holdings Inc. (CSE: TILT) (OTCQB: TLLTF) revealed Wednesday its revenue for the third quarter may reach $41 million. That’s a sequential increase between 4% and 6%. According to its preliminary earnings report, adjusted EBITDA would be between $2.5 and $3 million. Moreover, it...
-
Quarterly Earnings: Hollister, cbdMD, Power REIT
Wednesday, October 28, 2020 - 11:34am | 578Hollister Posts Unaudited Q3 Financial Results, Generates CA$ 12.5M In Revenue Hollister Biosciences Inc. (CSE: HOLL) (PINK: HSTRF) reported revenue of approximately CA$12.5 million for the third quarter of 2020. The Vancouver-based company also posted CA$1.265 million in EBITDA,...
-
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,...
-
Indus To Witness Record Revenue Quarter, Positive Operating Income
Tuesday, October 13, 2020 - 12:52pm | 293Cannabis company Indus Holdings Inc. (CSE: INDS) (OTCQX: INDXF) expects to generate roughly $14.1 million in revenue during the third quarter. That’s a sequential increase of 42%. According to a preliminary unaudited financial report, the Salinas, California-based company touts...
-
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...
-
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...
-
Quarterly Earnings: Indiva Anticipates 1400% YoY Revenue Growth While Planet 13 Sees Best Quarter Ever
Tuesday, October 6, 2020 - 12:24pm | 655Indiva’s 'Path To Profitability Remains On Track’ Indiva Ltd. (TSXV: NDVA) (OTCQX: NDVAF) expects to generate between $2.8 million and $3.1 million in revenue for the third quarter of 2020. That’s an increase of 1,400% year-over-year and 9% sequentially. The...
-
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-...
-
WeedMD Revenue Declines, Gets $30M Loan From LiUNA Pension Fund
Thursday, October 1, 2020 - 11:22am | 340WeedMD Inc. (TSX-V: WMD) (OTCQX: WDDMF) reported Wednesday its second-quarter revenue amounted to $5.9 million. That’s down by 26% year-over-year. For the six-month period, ending June 30, revenue amounted to $18 million, compared to $11.3 million in the same period...
-
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...
-
Supreme Cannabis Reports 373% Recreational Revenue Spike YoY
Friday, September 25, 2020 - 9:44am | 328The Supreme Cannabis Co. Inc. (TSX: FIRE) (OTCQX: SPRWF) revealed its recreational net revenue spiked 373% year-over-year, and 27% sequentially to $7.3 million in the last quarter of this fiscal year. Over the fourth quarter, 18 stock-keeping units (SKUs) were launched within the...
-
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...
-
Target Sees "Strong" February Sales, Monitoring Virus-Related Supply Chain Stress
Tuesday, March 3, 2020 - 2:54pm | 568Target Corporation's (NYSE: TGT) management said that the company hasn't "seen a large impact" from coronavirus disruption during its 2020 Financial Community Meeting, which was held online due to virus concerns. The company's original plan called for live meetings with investors and analysts in...