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SLANG Shares Surging: Growth Continues For Cannabis Co. As Q3 Revenue And Gross Profit Increase
Tuesday, November 28, 2023 - 11:36am | 866SLANG Worldwide Inc. (CNSX: SLNG) (OTCQB: SLGWF) reported on Tuesday results for the three and nine months ended Sept. 30, 2023, revealing an increase in both revenue and gross profit, sequentially and year-over-year. "The third quarter was another solid quarter for SLANG, with both revenue...
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Cannabis Company Bets On This Top Weed State Where Revenue Tripled YoY
Tuesday, November 21, 2023 - 12:25pm | 5774Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) announced its third quarter financial results on Monday for the three months ended Sept. 30, 2023, revealing an 18% year-over-year drop in revenue. However, in Illinois the company’s wholesale revenue nearly tripled over the same period,...
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California Cannabis Producer Reports Revenue Challenges In Q3 As Gross Margins Improve YoY
Tuesday, November 21, 2023 - 11:19am | 385Leef Brands, Inc. (CSE: LEEF) (OTC: LEEEF) announced its third-quarter results Tuesday for the three months ended Sept. 30, 2023, revealing a 19% year-over-year decrease in revenue to $5.7 million. For the nine months ended Sept. 30, 2023, revenue totaled $24.6 million, representing a year-...
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Cannabis Company's Optimization Plan Results In Over 50% YoY Increase In Adjusted EBITDA, Q3 Revenue
Thursday, November 16, 2023 - 10:14am | 916AYR Wellness Inc. (CSE: AYR.A) (OTCQX: AYRWF) reported its third quarter financial results on Thursday for the three months ended Sept. 30, 2023. “We continued to execute on our optimization initiatives during the quarter, as reflected by another strong period of year-over-year adjusted...
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California Weed Co. Settles Debt And Celebrates Turn-Around In Q3
Wednesday, November 15, 2023 - 1:01pm | 860Unrivaled Brands, Inc. (OTCQB: UNRV) reported its third quarter financial results Tuesday for the three months ended Sept. 30, 2023, revealing an 11.4% year-over-year drop in revenue to $8.6 million. The Santa Ana, California-based company said that 94% of revenue was driven by its four...
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Defying Cannabis Market Challenges: Canadian Pot Producer Reports YoY Revenue Growth
Wednesday, November 15, 2023 - 12:48pm | 826Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) reported its third quarter financial results on Tuesday for the three months ended Sept. 30, 2023, revealing a 5% year-over-year increase in revenue to CA$10 million ($7.26 million). The Canadian cannabis producer also touted a sixth...
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Strong Margins And Cash Flow Drive Cresco's Q3 Performance Despite Revenue Decline
Wednesday, November 15, 2023 - 11:16am | 730Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) released its financial and operating results on Wednesday for the third quarter ended Sept. 30, 2023, revealing a 9.4% year-over-year decrease in revenue to $190.5 million. In the first quarter of fiscal 2023, the company initiated the year-...
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East Coast Drives Growth For This Cannabis Company, Narrows Q3 Net Loss By Nearly 70% YoY
Wednesday, November 15, 2023 - 10:12am | 819Acreage Holdings, Inc. (CSE: ACRG.A.U) (ACRG.B.U) (OTCQX: ACRDF) reported its financial results Tuesday for the third quarter ended Sept. 30, 2023, revealing consolidated revenue of $56.5 million, an 8% year-over-year and 2.8% quarter-over-quarter decrease. The New York-based...
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Cannabis REIT Stock Trading Higher On Reporting 17% YoY Revenue Growth In Q3
Tuesday, November 14, 2023 - 12:51pm | 763Zoned Properties, Inc. (OTCQB: ZDPY), a cannabis-focused real estate development firm reported its third quarter financial results on Tuesday for the three and nine-month period ended Sept. 30, 2023. "We are delighted to report outstanding operating and financial performance for the third...
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Mary Jones Cannabis Sodas' Revenue Drop, Q3 Was 'More Challenging Than Expected,' CEO Says
Friday, November 10, 2023 - 3:36pm | 718Jones Soda Co. (CSE: JSDA) (OTCQB: JSDA) reported its financial results on Thursday for the third quarter ended September 30, 2023. “While the third quarter was more challenging than originally anticipated, we continued to make noteworthy progress towards profitability and I believe we...
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Restructuring Efforts Yield Results For Cannabis-Focused Agriculture Equipment Maker Despite 27% YoY Revenue Drop In Q3
Friday, November 10, 2023 - 12:37pm | 902Hydrofarm Holdings Group, Inc. (NASDAQ: HYFM) announced its financial results on Thursday for the third quarter ended Sept. 30, 2023, revealing a nearly 27% year-over-year net sales drop to $54.2 million. Over the quarter, the company initiated a second phase of its restructuring plan,...
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This Ancillary Cannabis Company Is Cashing In With 69% YoY Revenue Increase In Q3
Friday, November 10, 2023 - 12:29pm | 457Urban-gro, Inc. (NASDAQ: UGRO) reported its financial results Thursday for the third quarter ended Sept. 30, 2023, revealing a 69% year-over-year and 11% sequential increase in total revenues to $20.9 million. “Since launching our sector diversification initiative just over a year...
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Another Cannabis Company Benefits From Maryland's Green Rush, iAnthus Cuts Q3 Net Loss While Growing Revenue
Friday, November 10, 2023 - 10:19am | 832iAnthus Capital Holdings, Inc. (CSE: IAN) (OTCQB: ITHUF) reported its financial results on Thursday for the third quarter ended September 30, 2023. Q3 2023 Financial Highlights Revenue totaled $42.9 million, representing a quarter-over-quarter increase of 10.8% and an increase of 8.9% from...
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Regulatory Headwinds Harm CBD Sales For Charlotte's Web: YoY Drop In Q3 Revenue, Gross Profit
Thursday, November 9, 2023 - 10:37am | 783Charlotte's Web Holdings, Inc. (TSX: CWEB) (OTCQX: CWBHF) reported its third-quarter results on Thursday for the three months ended Sept. 2023, revealing a nearly 16% year-over-year decrease in revenue to $14.3 million. The sum included $9.4 million in direct-to-consumer net revenue...
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Zig-Zag Rolling Paper Will Benefit From Weed Consumption Trends, CEO Says Post Q3 Earnings
Wednesday, November 8, 2023 - 12:14pm | 949Turning Point Brands, Inc. (NYSE: TPB) reported its third quarter financial results on Wednesday for the three months ended Sept. 30, 2023, revealing a 10.2% year-over-year decrease in Zig-Zag products net sales to $46.8 million. Graham Purdy, president and CEO of the Louisville,...