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This Marijuana Stock Takes A Dive Following Breach Of Financial Covenants Under Its Loan Agreement
Thursday, May 25, 2023 - 10:51am | 459Aleafia Health Inc. (OTCQB: ALEAF) (TSX:AH) has entered into an amendment to the terms of the loan agreement with NE SPC II LP dated as of December 24, 2021 and as previously amended by agreements dated March 28, 2022 and June 17, 2022. While the original loan agreement provided that the...
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Delivra Health Stock Soars On Q3 FY23 Positive Adjusted EBITDA, Here Are The Details
Tuesday, May 23, 2023 - 10:18am | 444Delivra Health Brands Inc. (OTCQB: DHBUF) (TSXV: DHB) released its financial and operating results for the three and nine months ended March 31, 2023, revealing net revenue from continued operations of CA$2.35 million ($1.7 million) in Q3 2023 as compared to CA$2.34 million in same period last year...
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InMed Pharmaceuticals Stock Trading Higher On Q3 Sales Growth Of 234%, Here Is What You Need To Know
Tuesday, May 16, 2023 - 9:21am | 402InMed Pharmaceuticals Inc. (NASDAQ: INM) released its financial results for the third quarter of the fiscal year 2023 which ended March 31, 2023, revealing sales of $1 million, an increase of 234% compared to $309,585 in Q3 2022. Q3 FY 2023 Financial Highlights Gross profit was $192,511 compared...
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InterCure Stock Trading Lower On Q1 Revenue Growth Of 22%, Here Are The Details
Tuesday, May 16, 2023 - 6:40am | 381InterCure Ltd. (NASDAQ: INCR) (TSX:INCR.U) (TASE:INCR) (dba Canndoc) released its financial results for the first quarter ended March 31, 2023, revealing revenue of NIS 106 million ($29 million) representing 22% growth YoY and up 1% sequentially compared to the prior quarter. Q1 2023 Financial...
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Zoned Properties Stock Trades Down As Q1 2023 Revenue Falls, Yet Property Investments Surge
Monday, May 15, 2023 - 9:53am | 551Zoned Properties, Inc. (OTCQB: ZDPY) revenues for the quarter ended March 31 2023, were $688,024, 2023, compared to revenues of $938,701 for the quarter ended March 31, 2022, representing a decrease of 26%. The decrease was primarily attributable to a decrease in brokerage commission revenues,...
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Safe Harbor Stock Skyrockets On Teaming Up With Five Star Bank To Create A Potential Billion-Dollar Growth Opportunity For Cannabis Banking
Thursday, May 11, 2023 - 8:35am | 393SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (NASDAQ: SHFS) and Five Star Bank, a New York-based subsidiary of Financial Institutions, Inc. (NASDAQ: FISI), are partnering to expand crucial access to cannabis banking nationwide. Safe Harbor’s fintech platform provides a single point of...
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Marc Lustig Increases Ownership In IM Cannabis Via L5 Capital Debt Settlement
Monday, May 8, 2023 - 10:05am | 511IM Cannabis Corp. (NASDAQ: IMCC) (CSE:IMCC), has closed the securities for debt settlement transaction with L5 Capital Inc., a company wholly-owned and controlled by Marc Lustig, the executive chairman and a director of the company. Pursuant to the debt settlement, the company settled outstanding...
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Incannex Stock Trading Higher On Entering A Lease For First Psychedelic-Assisted Psychotherapy Clinic
Friday, May 5, 2023 - 8:39am | 359Incannex Healthcare Ltd (NASDAQ: IXHL) (ASX:IHL) announced that its subsidiary company, Clarion Clinics Group Pty Ltd, has entered a lease for riverfront premises in Abbottsford, Melbourne. The premises will be used to provide psychedelic-assisted psychotherapy. Fit out and commissioning of these...
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Akanda Stock Skyrockets On FY22 Revenue Growth Of 6223%, Here Is What You Need To Know
Wednesday, May 3, 2023 - 9:47am | 329Akanda Corp. (NASDAQ: AKAN) stock skyrocketed today and it was trading 76.49% higher at $1.9591 at the time of writing Wednesday morning, following the Form F-20 filing with its FY 2022 earnings, revealing revenue of $2.6 million, an increase of 6223% compared to $41,431 in 2021. FY 2022 Financial...
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Curaleaf Stock Trading Lower On FY22 Net Revenue Growth Of 12%
Tuesday, May 2, 2023 - 10:36am | 505Curaleaf Holdings, Inc. (OTCQX: CURLF) (CSE:CURA) released its financial and operating results for the fourth quarter and year ended December 31, 2022, revealing net revenue of $1.336 billion, a 12% increase compared to $1.195 billion in FY 2021. Full Year 2022 Financial Highlights Gross profit...
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LEEF Brands Stock Plummets On FY22 Revenue Decline Of 19%
Tuesday, May 2, 2023 - 10:06am | 569LEEF Brands, Inc. (OTCQB: LEEEF) (CSE:LEEF) released its audited financial statements for the year ended 2022 along with the unaudited first quarter of 2023, revealing net revenue of $27 million in FY 2022, a decrease of 19% compared to $33.5 million in full year 2021. FY 2022 Highlights Gross...
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SLANG Shares Soar Despite Stagnating FY22 Revenue, Here's What You Need To Know
Thursday, April 27, 2023 - 11:53am | 575SLANG Worldwide's. (OTCQB: SLGWF) (CNSX: SLNG) revenue from continuing operations for FY 2022 was CA$38.19 million, ($28 million) compared with CA$37.78 million in FY 2021, representing a 1% increase year-over-year. FY 2022 Financial Highlights Gross profit was CA$16.45 million compared to CA...
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Aurora Stock Slightly Down On Debt Reduction And The Launch Of Spring Product Lineup
Tuesday, April 25, 2023 - 10:11am | 601Aurora Cannabis Inc. (NASDAQ: ACB) (TSX:ACB) has repurchased an aggregate of approximately CA$22.3 million ($16.6 million) principal amount of its convertible senior notes in multiple transactions since the start of April 2023 at a total cash cost, including accrued interest, of CA$16.7 million and...
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Agrify Stock Plummets On Agreement To Raise Up To $1.84M From The Exercise Of Previously Issued Common Stock Warrants
Wednesday, April 19, 2023 - 10:59am | 422Agrify Corporation (NASDAQ: AGFY) has entered into warrant inducement letters to raise up to $1.84 million in gross proceeds from the exercise of 10.65 million common stock warrants issued in the company’s public offering from December, 2022, or the existing warrants. On April 18, 2023, the...
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urban-gro Shares Trading Higher On More Than $40M In Contracts, Driving Q1 2023 Backlog To A Record $123M
Wednesday, April 12, 2023 - 9:08am | 443urban-gro, Inc. (NASDAQ: UGRO) announced the signing of more than $40 million in contracts in the first quarter 2023, bringing the company’s total backlog to a record $123 million as of March 31, 2023. The company also reiterated its guidance, and in the first quarter of 2023, the company...