Second Quarter Financials

CBD of Denver, Inc. (OTC:CBDD) announced its unaudited financial results on Friday for the second quarter, a three-month period ended June 30, 2024. The Denver-based company reported $1,002,240 in revenue  for the period, representing a 37.4% increase from $729,453 in the same period in 2023. That'...

SLANG Worldwide Inc. (CSE:SLNG) (OTCQB:SLGWF) reported its financial results on Tuesday for the second quarter, three months ended June 30, 2024. The Toronto-based consumer packaged goods company, reported a 26% year-over-year decrease in revenue to CA$6.28 million ($4.7 million) in the second...

Canadian cannabis producer and distributor Entourage Health Corp. (TSXV:ENTG) (OTCQX:ETRGF) (FSE:4WE) announced its second quarter financial results on Tuesday for the three-month period ending June 30, 2024. The Toronto-based company reported a total revenue of CA$12.2 million ($9 million),...

Vertically integrated U.S. multi-state cannabis operator AYR Wellness Inc. (CSE:AYR) (OTCQX:AYRWF) reported second-quarter results for the three months ended June 30, 2024. The Miami-based company reported a 16.6% year-over-year and 6.9% sequential drop in gross profit to $47.2 million. David...

Cannara Biotech Inc. (TSXV:LOVE) (OTCQB:LOVFF) (FRA: 8CB0) announced its fiscal second quarter 2024 financial and operating results for the three and six-month periods ended Feb. 29, 2024. The company reported a 68% year-over-year increase in revenues for the first half of fiscal 2024, a metrics...

Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF), a vertically-integrated, multi-state cannabis company operating under the FLUENT brand, announced on Monday financial and operating results for the second quarter ended June 30, 2023. "We continued to drive revenue growth and cash flow generation...

Namaste 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....

Here is a summary of the latest leadership changes within the cannabis industry. WeedMD Taps Finance Veteran Lu Cacioppo To Board, Deborah Sikkema As CPO On the heels of its second-quarter earnings report, WeedMD Inc. (TSX-V: WMD) (OTCQX: WDDMF) appointed veteran...

The main thing holding the cannabis industry back is access to capital, according to Cresco Labs Inc (OTCQX: CRLBF) CEO Charlie Bachtell. Bachtell, who took over Joe Caltabiano’s duties in March, discussed a variety of marijuana-related topics with The Associated...

WeedMD 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...