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Why Canopy's 'Brand-First' Strategy Could Set It Apart From Tilray And Aurora – Here's What Investors Should Watch
Tuesday, October 8, 2024 - 10:38am | 931Canopy Growth Corp. (NASDAQ:CGC) has built a strategic portfolio of U.S. cannabis assets through its Canopy USA (CUSA) entity. This portfolio includes prominent brands like Wana, a leading edibles producer, Jetty, known for its solventless vapes and multi-state operator Acreage Holdings (OTC:ACRHF...
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Cannabis Company TerrAscend Secures Second And Final $26M Loan, Reduces Debt In Michigan
Tuesday, October 1, 2024 - 5:02pm | 373TerrAscend Corp. (OTC:TSNDF) cannabis company announced that it has completed the second and final draw of $26 million as part of its $140 million senior secured term loan. The loan, managed by FocusGrowth Asset Management, LP, was initially announced in August 2024. The new funds were used to pay...
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Unleash Your Cannabis Bliss With These Hot New Arrivals: Retro, VegOut, Qwin, Wana & More
Thursday, May 25, 2023 - 12:10pm | 1263Attention cannabis enthusiasts! Get ready to ignite your passion for cannabis with the most thrilling industry launches brought to you by Benzinga. Stay in the loop with our weekly updates and elevate your cannabis experience to new heights. Retro RETRO Cannabis & Hemp Extracts shakes up...
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New Jersey Adult-Use Sales 'Got Off To A Great Start': TerrAscend Second Quarter 2022 Revenue Increases 10% YoY
Thursday, August 11, 2022 - 8:26pm | 1074TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF) reported its financial results for the second quarter ending June 30, late Thursday. Jason Wild, executive chairman of TerrAscend, noted the firm grew revenue 31% sequentially for the second quarter as New Jersey adult-use sales “got off to a...
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TerrAscend Reports First Quarter 2022 Financial Results, Net Sales Up To $49.7M
Thursday, May 12, 2022 - 10:25pm | 640TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), reported its financial results late Thursday for the first quarter ending March 31, 2022. First Quarter 2022 Financial Highlights Net Sales were $49.7 million as compared to $49.2 million in Q4 2021. Gross Profit Margin was 30.5% as...
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TerrAscend Enters Into Agreement to Acquire Gage's Licensed Operators
Wednesday, November 10, 2021 - 6:17pm | 343TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a leading cannabis multi-state operator, announced Wednesday that, after acquiring Gage Growth Corp. (CSE: GAGE) (OTCQX: GAEGF), its subsidiary entered into an amendment to the membership interest purchase agreement (MIPA) with the licensed...
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Earnings Roundup: Akerna Q2 Revenue Pops 24% YoY, Trulieve Has Record Q4, TerrAscend Net Sales Spike 134% YoY
Tuesday, March 23, 2021 - 12:50pm | 910Akerna Reports 24% YoY Increase In Total Revenue In Q2, Software Revenue Up 38% Akerna Corp (NASDAQ:KERN) saw a 38% year-over-year increase in software revenue — to $3.4 million — in the quarter ended Dec. 31. Total revenue for the same period amounted to $4.1...
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Canopy Rivers Sells Portfolio Assets To Canopy Growth For $297M
Monday, December 21, 2020 - 1:50pm | 429Canopy Growth Corp (NYSE: CGC) reported Monday it's giving up on its interest in Canopy Rivers Inc. (TSX: RIV) (PINK: CNPOF). The Toronto-based cannabis-focused venture capital firm opted to transfer three of its portfolio assets to Canopy Growth. Rivers will obtain $115 million in cash and 3....
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TerrAscend Sees 169% YoY Spike In Net Sales
Thursday, August 20, 2020 - 11:00am | 303Cannabis company TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF) reported a net sales increase of 169% over the year, and 36% sequentially, to CA$47.2 million in the second quarter of fiscal 2020. “We are producing strong revenue growth while maintaining our focus on...
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Canopy Rivers Stock Tumbles On Q2 Results
Thursday, November 14, 2019 - 11:35am | 455Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) posted a second-quarter net loss of CA$4.41 million ($3.3 million) Thursday, down from net income of CA$10.95 million in the same period last year. The cannabis venture capital firm disclosed operating income for the quarter of CA$930,...