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Should Tilray Turn To Exports? Rec Q2 Sales Results Disappointing, Analyst Says
Monday, January 10, 2022 - 10:54am | 460On Monday, Tilray, Inc. (NASDAQ: TLRY) reported an 8% sequential drop in the second quarter net revenue to $155 million. Year-over-year, net revenue increased 20%. Total cannabis revenue saw a 16% quarter-over-quarter decline to $58.8 million, well below the FactSet consensus estimate of $66.6...
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Will Tilray Stock Continue To Drop? Analyst's Thoughts Ahead Of Q2 Earnings Report
Thursday, January 6, 2022 - 3:54pm | 524Canadian cannabis giant Tilray Inc. (NASDAQ: TLRY) is scheduled to report its financial results for the second quarter of fiscal 2022 on Monday, Jan. 10, as its stock continues to sink ahead of the event. It was last seen down 1.71% at $6.51. And it seems the stock will "face...
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Audacious Reports 2,068% YoY Growth In Q2 Revenue, Anticipates Q3 Revenues North Of $3M
Tuesday, November 23, 2021 - 10:57am | 735Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF), which operates as Audacious, announced its financial results Monday for the second quarter of fiscal 2022, revealing total revenues of $2.3 million, representing an increase of 2,068% year-over-year and 31% sequentially. Revenue for the six...
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Canopy Growth Is A 'Show-Me-Story' As It Posts Mixed Progress In KPIs, Analyst Argues
Thursday, November 18, 2021 - 3:28pm | 452Earlier this month, Canopy Growth Corporation (NASDAQ: CGC) (TSX: WEED) revealed a $CA16.3 million ($13.08 million) net loss in the second quarter of fiscal 2022 and a CA$77 million wider loss in EBITDA, versus the same period of last year. Moreover, the company pushed out a positive Adjusted...
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RIV Capital Ends Q2 With $400M Cash On Hand And Plans To Launch US Platform
Thursday, November 18, 2021 - 3:12pm | 743Cannabis-focused venture capital firm RIV Capital Inc. (TSX: RIV) (OTC: CNPOF) reported its financial results Thursday for the three and six months ended September 30, 2021. The Toronto-based company announced a strategic investment from The Hawthorne Collective, Inc., a newly formed cannabis-...
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Neptune Wellness Reports Third Consecutive Quarter Of QoQ Revenue Growth, Unveils Action Plan
Tuesday, November 16, 2021 - 12:39pm | 615Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT) published its financial and operating results late Monday for the three months ended on September 30, revealing that it has generated $15.7 million in the second quarter of fiscal 2022, up by 27% sequentially. Michael Cammarata, president...
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Canopy Growth Reports $16.3M In Q2 Net Loss, Sales Of $131.4M, Pushes Out Positive Adjusted EBITDA Target
Friday, November 5, 2021 - 8:23am | 842Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) announced its financial results Friday for the second quarter fiscal 2022 ended September 30, revealing a 3% year-over-year decline in net revenue to CA$131 million ($105.4 million). Total net cannabis revenue increased by 1% over the...
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Fire & Flower Reports 51% Increase In Q2 2021 Revenue, Fifth Consecutive Quarter Of Positive Adjusted EBITDA
Tuesday, September 14, 2021 - 1:17pm | 612Cannabis company Fire & Flower Holdings Corp. (TSX: FAF) (OTCQX: FFLWF) reported on Tuesday its financial and operational results for the second quarter of 2021, revealing a 51% year-over-year increase in revenue to CA$43.3 million ($34.2 million). Moreover, the Toronto-based company...
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Can-Fite Reports Drop In H1 2021 Revenue, Net Loss Down By 38% YoY
Thursday, August 26, 2021 - 12:48pm | 339Biotechnology company Can-Fite BioPharma Ltd. (NYSE: CANF) (TASE: CFBI) announced its financial results Thursday for the quarter ended June 30, 2021. The Israel-based company disclosed that it had ended the second quarter with roughly $7.5 million in cash, cash equivalents and short-term...
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Hollister Biosciences Stock Down Slightly On $17.6M Q2 2021 Revenue Report, $3.2M Of Adjusted EBITDA
Thursday, August 26, 2021 - 11:08am | 466Cannabis branding company Hollister Biosciences Inc. (CSE: HOLL) (OTC: HSTRF) (FRANKFURT: HOB) reported its financial and operating results on Thursday for the second quarter of 2021, touting a significant growth in revenue which amounted to $17.6 million. "Our second-quarter results...
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Cansortium Adjusted EBITDA Doubles YoY, Q2 2021 Revenue Increases 24%, CEO Optimistic
Wednesday, August 25, 2021 - 1:33pm | 544Vertically integrated cannabis company Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF), which operates under the Fluent brand, announced its financial results Tuesday for the second quarter ended June 30, 2021. In its second-quarter earnings report, the Miami-based company revealed a 24% year-...
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Jushi Holdings Announces 220% YoY Spike In Q2 2021 Revenue, Updates Full Year 2021 Guidance
Wednesday, August 25, 2021 - 9:29am | 783Vertically integrated cannabis company Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF) announced its financial results on Wednesday for the second quarter of 2021, ahead of plans to open another BEYOND / HELLO shop in Philadelphia on August 31 - the 21st nationwide and 14th...
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Gage Growth Reports 130% YoY Revenue Growth For Q2, Strong Margins, Net Loss Of $9.4M
Tuesday, August 24, 2021 - 11:06am | 459Michigan-based cannabis premium brand and operator Gage Growth Corp. (CSE: GAGE) (OTC: GAEGF) reported its financial results Tuesday for the three months ended June 30. "In the second quarter of 2021, Gage had a strong performance across all financial and operating metrics," Fabian...
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MediPharm Labs Reports 24% QoQ Pop In International Sales, Q2 2021 Revenue Drops 63.6% YoY
Monday, August 16, 2021 - 9:06am | 538MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE: MLZ) announced its financial results Monday for the three and six months ended June 30. Shares traded 0.42% higher at $237 per share in Monday’s pre-market session. The second-quarter earnings report announced on the heels of the...
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Charlotte's Web Reports 38% Increase In B2B Revenue, Stock Slightly Down On Announcing Q2 2021 Results
Thursday, August 12, 2021 - 10:28am | 528Cannabis company, Charlotte's Web Holdings, Inc. (TSX: CWEB) (OTCQX: CWBHF) reported its financial results Thursday for the second quarter ended June 30, 2021, posting a 38% year-over-year spike in consolidated business-to-business (B2B) revenue, driven mainly by a return to...