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Nextleaf's Alberta Debut Results In 170% YoY Net Revenue Surge In Q1, Here's What's Next For The Cannabis Co.
Monday, March 4, 2024 - 12:35pm | 699Nextleaf Solutions Ltd. (CSE:OILS) (OTCQB:OILFF) (FSE: L0MA) a biotech firm and cannabis processor reported its first quarter financial results Friday for the three months ended Dec. 31, 2023. The British Columbia-based company reported a 170% year-over-year increase in net revenue to CA$3.2...
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cbdMD Reports YoY Dip In Q1 Net Sales, Shrinks Operating Loss, Expands Into Hemp And Mushroom Products Markets
Wednesday, February 14, 2024 - 11:03am | 561cbdMD, Inc. (NYSE:YCBD) announced its first quarter financial results Tuesday for the three months ended Dec. 31, 2023. The North Carolina-based medical cannabis company said that it has improved its operating loss from $4.1 in the first quarter of 2023 to $1.1 million for the first quarter of...
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Nevada Cannabis Co. Reports YoY Decrease In Q1 Revenue & Gross Profit, 154% Increase In Cash Flow
Friday, October 13, 2023 - 9:31am | 462CLS Holdings USA, Inc. (OTCQB: CLSH) (CSE: CLSH) cannabis company operating as Cannabis Life Sciences announced its first quarter financial results on Thursday for the three months ended August 31, 2023, revealing a 15% year-over-year decrease in revenue to $5.1 million. "In an...
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Revenue Drops, Loss Grows YoY For This Cannabis Operator In Q1, Plans Expansion In New Jersey
Friday, September 29, 2023 - 11:16am | 337Top Strike Resources Corp. (CSE: VENI) (OTCQB: TPPRF), which is doing business as Vencanna Ventures, reported its first quarter results for the three-month period ending July 31, 2023. Q1 2024 Financial Highlights Revenue totaled CA$40,815 ($30,246), compared to CA$181,139 in the same...
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Canadian Weed Company Adastra Reports Triple-Digit Q1 Revenue Growth, What's Behind The Figures?
Wednesday, May 31, 2023 - 1:33pm | 398Cannabis producer Adastra Holdings Ltd. (CSE: XTRX) (FRA: D2EP) (OTC: XTXXF) reported on Tuesday financial results for the three months ended March 31, 2023. During the first quarter of 2023, the Langley, British Columbia-based cannabis concentrates manufacturer garnered CA$ 9.5 million ($6.98...
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Vibe Growth Stock Spikes Post Q1 Earnings, Revenue Continues To Drop As CEO Touts 'Encouraging' Margins
Wednesday, May 31, 2023 - 1:01pm | 338Vertically integrated cannabis company Vibe Growth Corporation (CSE: VIBE) (OTCQX: VIBEF) announced on Tuesday its financial results for the three months ended March 31, 2023. Over the first quarter of 2023, the Sacramento, California-based company implemented efficiency and cost-savings...
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This Analyst Cut Price Target On Canopy Growth After Q1 Earnings Release, Here's Why
Friday, August 5, 2022 - 2:35pm | 479On Friday, Canopy Growth Corporation (NASDAQ: CGC) reported a 19% year-over-year drop in net revenue to CA$110 million ($112.2 million) n the first quarter of fiscal 2023. However, its international medical cannabis net revenue approximately doubled over the same period, driven primarily by strong...
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Red White & Bloom Posts Record Revenue In Q1, Set To Achieve Positive EBITDA By End Of FY
Tuesday, August 2, 2022 - 11:27am | 653Red White & Bloom Brands Inc. (OTC: RWBYF) reported on Tuesday a record revenue from continuing operations of CA$28 million ($21.85 milliom) in the first quarter of 2022. For the year ended December 31, the company generated CA$37.3 million in revenue, up by 193% year-over-year. “With the...
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Top Cannabis Companies By Revenue In May, Marijuana Stocks To Check Out As Earnings Season Fades
Wednesday, June 1, 2022 - 12:43pm | 1486As another earnings season draws to a close, investors in cannabis stocks have gone through some trying times. Many companies within the space reported a sequential drop in revenue for the first quarter of fiscal 2022, including Charlotte's Web Holdings (TSX:CWEB) (OTCQX: CWBHF...
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Here's Why Investors Should Keep An Eye On Sundial Stock, Analyst's Thoughts Post Q1 Earnings
Wednesday, May 18, 2022 - 12:30pm | 630On Monday, Canadian cannabis LP Sundial Growers Inc. (NASDAQ: SNDL) released its financials for the first quarter of the year and the company's shares soared. At the close of Monday's trading session shares were selling at $0.46, up 21% from the previous market...
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This Cannabis Vape Market Leader Is Feeling Impact Of Price Competition, Analyst's Thoughts Post Q1 Earnings
Tuesday, May 17, 2022 - 10:28am | 470Auxly Cannabis Group Inc. (OTCQX: CBWTF) (ARCA: XLY) released its financial results for the three months ended March 31, 2022, on Monday, reporting net sales of CA$22.6 million ($17.49 million), up by 147% year-over-year. "Amid intense and growing competition and seasonal buying trends in the...
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Heritage Cannabis' Revenue Increases 450% YoY In Q4, Provides Financial Results For 2021
Thursday, May 12, 2022 - 8:10am | 499Heritage Cannabis Holdings Corp. (CSE: CANN) (OTCQX: HERTF) announced its financial results for the fourth quarter and for the twelve months ended October 31, 2021. “Heritage’s revenue grew over 100% for the year and almost 40% from Q3/21 to Q4/21, which was the higher end of the...
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Trulieve Reports Record Q1 Revenue Of $318.3M, 64% YoY Increase & Gross Profit Of $178.2M
Thursday, May 12, 2022 - 7:34am | 500Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) reported its results for the quarter ended March 31, 2022. Kim Rivers, Trulieve’s CEO, said that the Tallahassee, Florida-based company is “off to a great start in 2022.” "We delivered another record quarter while making...
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MariMed Reports Strong Q1, Provides 2022 Financial Guidance
Wednesday, May 11, 2022 - 9:02am | 504MariMed, Inc. (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, today announced its financial results for the first quarter ended March 31, 2022. “I am very pleased with our solid financial results this past quarter despite a slowdown in our industry...
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AFC Gamma Touts Strong Performance In Q1, Steady Dividend Growth
Tuesday, May 10, 2022 - 10:06am | 493AFC Gamma, Inc. (NASDAQ: AFCG) reported its results for the first quarter of 2022. “We are pleased with our strong performance in the first quarter and continued growth so far into 2022, which is evidenced by AFC Gamma’s results and steady dividend growth,” Leonard Tannenbaum, the...