Cannabis Earnings

In a quarter where most big U.S. cannabis companies flatlined, one actually grew: Green Thumb Industries Inc. (OTCQX:GTBIF). The Chicago-based company reported $280 million in revenue for the quarter, a 1% increase over Q1 2024. According to a new report from Zuanic & Associates, no other...

This week's cannabis earnings highlighted a widening divergence between U.S. operators. LEEF Brands (OTCQB:LEEEF) saw its stock jump nearly 25% after striking a new dispensary management and supply deal with Glass House Brands (OTCQX:GLASF). Meanwhile, Glass House rose 4.5% on solid Q1 results,...

The cannabis industry just wrapped one of the busiest earnings weeks of the quarter, with more than ten companies reporting financials—including Curaleaf, GTI, Trulieve, Verano, Cronos Group and IIPR. The results revealed a widening gulf between U.S. plant-touching operators and asset-light or...

Between Wednesday afternoon and Thursday morning, a slate of major cannabis companies reported their first quarter 2025 financial results. These included Green Thumb Industries (CSE:GTII) (OTCQX:GTBIF), Verano Holdings (Cboe CA: VRNO) (OTCQX:VRNOF), The Cannabist Company (Cboe CA: CBST) (OTCQB:...

The cannabis industry continues to evolve at breakneck speed and this past week was no exception. From significant financial transactions to regulatory shifts and high-profile business moves, the sector saw several key developments that could shape its future. Among the biggest headlines: Vireo...

Stocks in the cannabis sector notched notable gains on Thursday, according to Benzinga Pro data, with Cronos Group (NASDAQ:CRON) up 3.82%, Verano Holdings (OTC:VRNOF) up 1.11%, Trulieve (OTC:TCNNF) up 3.37% and Green Thumb Industries (OTC:GTBIF) up 2.08%, following their respective earnings reports...

Red Light Holland Corp. (OTCQB:TRUFF) announced its financial results Friday for the three months ending Sept. 30, 2024, reporting revenue of CA$1.37 million ($998,263), up by 39.1% from CA$983,324 in the same period last year. For the six months ended Sept. 30, 2024, the company disclosed revenue...

Red White & Bloom Brands Inc. (CSE:RWB) reported its condensed interim consolidated financial statements Friday for its third quarter ended Sept. 30, 2024. Canadian cannabis company disclosed quarterly revenue of CA$21.7 million ($15.47 million) compared to CA$20.1 million in the same period...

Cannabis products company PharmaCielo Ltd. (TSXV:PCLO) (OTC:PCLOF) announced its financial and operational results on Monday for the three and nine months ended Sept. 30, 2024. The Toronto-based company said revenue for the third quarter totaled CA$1.3 million ($927,772), up from CA$352,000 in the...

Ayurcann Holdings Corp. (CSE:AYUR) (OTCQB:AYURF), a Canadian processing and manufacturing company specializing in cannabis 2.0 and 3.0 products, announced on Thursday its first quarter financial and operational results for the three months ended Sept. 30, 2024. The Toronto-based company highlighted...

Canadian cannabis producer Entourage Health Corp. (TSXV:ENTG) (OTCQX:ETRGF) (FSE: 4WE) announced on Friday its third quarter financial results for the three months ended Sept. 30, 2024. The company reported an 8% year-over-year increase to CA$9.5 million ($6.8 million) in net revenue for the period...

RIV Capital Inc. (CSE:RIV) (OTC:CNPOF) reported on Friday its third quarter results for the three months ended Sept. 30, revealing a 28% sequential, and 186% year-over-year, increase in net revenue to $4.9 million. Out of that sum, retail revenue accounted for $3.4 million, up from $1.5 million in...

Greenway Greenhouse Cannabis Corporation (CSE:GWAY) (OTCQB:GWAYF) reported on Wednesday its second-quarter interim financial statements for the three months ended Sept. 30, 2024. The Canadian cultivator of high-quality greenhouse cannabis reported a 52% year-over-year increase in revenue to CA$1.8...

POSaBIT Systems Corporation (OTCQX:POSAF), a provider of payments and point-of-sale infrastructure for the cannabis industry, reported Tuesday its financial results for the three months ended Sept. 30, 2024. Revenue for the quarter was $4.08 million, reflecting a 70% year-over-year decline...

Vertically integrated cannabis producer Cannara Biotech Inc. (TSXV:LOVE) (OTCQB:LOVFF) (FRA: 8CB0) announced its fourth quarter and full fiscal 2024 financial and operating results on Monday ended Aug. 31. The Montreal-based company revealed a 43% year-over-year revenue growth in 2024 to CA$82.2...