earnings reports

Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI) announced strong third-quarter results for 2024. The company, a commercial mortgage real estate investment trust (REIT) specializing in cannabis-related assets, reported significant net income growth and expanding portfolio performance,...

The cannabis industry is abuzz with major developments from key players. High Tide, one of Canada’s largest cannabis retailers, prepares to release its latest financial results while expanding its retail presence and loyalty program. Meanwhile, POSaBIT Systems gears up for a major update on...

Gold Flora (OTC:GRAM) reported Q2 2024 sales of $31.6 million, marking a 2% sequential decline and falling short of the estimated $34.2 million. According to a report by Zuanic & Associates, the performance of the Californian cannabis company raised concerns despite a generally positive medium-...

On Thursday, Rubicon Organics Inc. (OTC: ROMJF) reported a net revenue of CA$12.1 million for Q2 2024, reflecting a 7% increase from Q2 2023. However, the company’s gross profit for the quarter was CA$4.05 million, down 12% from the previous year. This means that while Rubicon Organics...

Glass House Brands (OTC: GLASF) reported a record-setting second quarter for 2024, with revenue reaching $53.9 million, marking a 21% year-over-year increase. Q2 Highlights Gross profits also saw a significant rise, hitting $28.7 million, up from $24.4 million in Q2 2023, though the gross...

TerrAscend Corp. (OTC: TSNDF) reported net revenue of $77.5 million for the second quarter of 2024, reflecting a 7.5% increase compared to $72.1 million in the same period in 2023. Executive chairman Jason Wild highlighted the company's material revenue and EBITDA growth, positive free cash...

Curaleaf Holdings, Inc. (OTC: CURLF) announced a second-quarter revenue of $342 million, reflecting a 2% increase from the previous year. Key Financial Indicators Net Loss: Curaleaf experienced a net loss of $48.9 million for the quarter, marking a per-share loss of $0.06. Gross Profits and...

Innovative Industrial Properties, Inc. (NYSE: IIPR), a real estate company focused on the regulated U.S. cannabis industry, reported its financial results for the second quarter ended June 30, 2024. David Smith, chief financial officer, commented in a press release Monday afternoon, "IIP paid...

Montreal-based company, The Good Shroom (TSTX:MUSH), announced its financial results for the quarter ended on April 30, 2024. The report includes results for the subsidiary Teonan Biomedical Inc. “The consistent profitability this quarter, despite a challenging market, highlights our focused...

High Tide Inc. (NASDAQ: HITI) indicators, particularly the sustained positive free cash flow and improvement in net income, suggest a financial recovery and enhanced investment appeal, signaling potential value for investors. High Tide reported $9.4 million in free cash flow for the second fiscal...

cbdMD, Inc. (NYSE: YCBD) announced its financial results for the second quarter of fiscal 2024, ending March 31, 2024. Despite an increase in operational losses from $1.4 million in Q2 fiscal 2023 to $1.5 million in Q2 fiscal 2024, management remains optimistic. "Transformation is not always...

California-based cannabis company Lowell Farms Inc. (OTC: LOWLF) released its financial and operational results on Tuesday afternoon for the first quarter of 2024, ending March 31. The company reported a 35% decrease in net revenue, which fell to $4.9 million from $7.5 million in the same...

Glass House Brands Inc. (OTC: GHBWF) reported financial results for Q1 2024 with a revenue of $30.1 million, a 9% increase year-over-year. Biomass production reached 61,334 pounds, a 28% increase from the previous year, despite no expansion in cultivation footprint. Glass House specializes in...

Wedbush Securities released a report on Curaleaf Holdings, Inc. (OTC: CURLF), the largest U.S. cannabis company by market cap, raising the stock's 12-month price target to $7.00 from $6.00 and maintaining a buy recommendation (Outperform rating). Key Financials And Rating Curaleaf's market...

Safe Harbor Financial Services, Inc. (NASDAQ: SHFS) reported a 245% year-over-year increase in net income to approximately $2.0 million for the first quarter of 2024. This is a significant change from a net loss of $1.4 million in the same period last year. CEO Sundie Seefried noted the company...