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Acreage Reports Fifth Quarter Of Positive Adjusted EBITDA, Wider Net Loss In Q1
Friday, May 6, 2022 - 7:39am | 506Vertically integrated cannabis company Acreage Holdings, Inc. (OTCQX: ACRDF) reported its financial results for the first quarter ended March 31, 2022. “We achieved our fifth consecutive quarter of positive Adjusted EBITDA and sequentially improved our gross margin, while continuing to grow...
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Green Thumb Industries Analyst On Q1 Earnings: Cannabis Grower Has Enough Cash To Fuel Growth
Thursday, May 5, 2022 - 11:24am | 631Green Thumb Industries Inc. (OTCQX: GTBIF) (CSE: GTII) reported its financial results for the first quarter on Wednesday, revealing a 25% year-over-year increase in revenue to $243 million. The main catalysts for the annual sales growth are increased distribution and the addition of 20 new stores,...
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Green Thumb Industries Reports Strong Q1, Ninth Consecutive Quarter Of Positive Cash Flow
Thursday, May 5, 2022 - 7:39am | 557Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF) has reported its financial results for the first quarter ended March 31, 2022. The Chicago and Vancouver-based company revealed that its revenue increased 25% year-over-year to $243 million in the first quarter, flat compared to the fourth...
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This Cannabis MSO Is Well-Placed To Benefit From NJ Rec Market Launch, Analyst Thoughts Ahead Q1 Earnings
Tuesday, May 3, 2022 - 12:23pm | 599Green Thumb Industries (CSE: GTII) (OTC: GTBIF) is scheduled to report its first-quarter earnings report on Wednesday. Cantor Fitzgerald’s analyst Pablo Zuanic shared some insights on what to expect from the report. He anticipates the focus will be on the launch of recreational...
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Curaleaf Holdings To Report Q1 Results In Anticipation Of New Jersey Legal Cannabis Launch
Wednesday, April 6, 2022 - 10:18am | 801Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) will report its financial and operating results for the first quarter ended March 31, 2022, after market close on May 9, 2022. Management will host a conference call and audio webcast that evening at 5:00 p.m. ET consisting of prepared remarks...
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Grown Rogue Reports 255%YoY Increase In Q1 Revenue, Ninth Consecutive Of Positive Adjusted EBITDA
Monday, April 4, 2022 - 8:51am | 760Grown Rogue International Inc. (CSE: GRIN) (OTC: GRUSF) has reported its fiscal first-quarter 2022 results for the three months ended January 31, 2022. “Grown Rogue had a very strong quarter considering Q1 is typically the weakest quarter of our fiscal year”, Obie Strickler, the company...
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1933 Industries Reports Slight YoY Drop In Q1 Revenue, Reduces Net Loss By 66%
Friday, April 1, 2022 - 9:22am | 381Cannabis consumer packaged goods company 1933 Industries Inc. (CSE:TGIF)(OTCQB: TGIFF) has announced its first quarter financial results for the three months ended October 31, 2021. Q1 2022 Financial Highlights Total revenues were CA$2.5 million ($2 million) and CA$2.7 million for Q1 2021,...
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Analyst Is Warming Up To This Cannabis Stock As It Reports Q1 Earnings & Successful Shift To Discount Model
Friday, March 18, 2022 - 12:57pm | 687On Thursday, Canadian cannabis retailer High Tide Inc. (NASDAQ: HITI) reported that its revenue almost doubled over the year to CA$72.2 million ($57.1 million) in the first quarter of 2022, Moreover, gross profit increased by 56% to CA$23 million in the first quarter, with the gross profit margin...
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Nextleaf Solutions Touts Positive Trends In Gross Margin, Posts $1.15M In Q1 Revenue
Tuesday, March 1, 2022 - 10:29am | 698Cannabis company Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) announced business and financial results for its first quarter fiscal 2022 period ended December 31, 2021. Q1 2022 Business Highlights The company earned processing revenues from cannabis concentrate and branded...
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EnWave Reports 16% YoY Decrease In Q1 Revenue, Trims Expenses By 12%
Friday, February 25, 2022 - 10:38am | 598EnWave Corporation (OTCPK: NWVCF) (TSX: ENW) (FSE:E4U) reported its consolidated interim financial results for the first quarter ended December 31, 2021. Q1 Financial Highlights Consolidated revenue amounted to $6.3 million compared to nearly $7 million in the prior quarter and $7.5 million in the...
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Stem Holdings Q1 Revenue Drops Over 20% YoY, Plans To Focus On Oregon & California Operations
Wednesday, February 23, 2022 - 11:11am | 398Vertically integrated cannabis operator Stem Holdings, Inc. (OTCQX: STMH) (CSE: STEM) announced its financial results for the fiscal first quarter 2022 ended December 31, 2021. “The recent business decisions we have made with Driven Deliveries and other non-core assets puts us on a path to...
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Digipath Reports Substantial Sequential Growth In Gross Profit & Revenue In Q1
Tuesday, February 15, 2022 - 10:55am | 343Digipath, Inc. (OTCQB: DIGP) announced financial results for the first quarter ended December 31, 2021 of its fiscal year ending September 30, 2022. Q1 2022 Financial Highlights Net loss was reduced substantially, paring down from $390,637 in the first quarter of 2021, to $290,325 in the...
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Item 9 Revenue Grows 104% YoY To $6.2M In Q1, Continues To Ramp Up Operations In Arizona & Nevada
Tuesday, February 15, 2022 - 10:42am | 650Vertically integrated cannabis dispensary franchisor and operator Item 9 Labs Corp. (OTCQX: INLB) reported operating and financial results for the first quarter for its fiscal year 2022 which ended December 31, 2021. Q1 FY2022 Key Financial Highlights Revenue increased 104% year-over-year to $6.2...
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Organigram Reports Highest Quarterly Net Revenue Ever In Q1, Remains Among Top Canadian Cannabis LPs
Friday, February 11, 2022 - 10:51am | 557Cannabis company Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) announced its results for the first quarter ended November 30, 2021. “Our record-breaking results in the first quarter of fiscal 2022 are a testament to our successful strategy to create innovative, high-quality products that...
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Numinus Wellness Reveals 244.5% YoY Improvement In Q1 Revenue & Wider Loss
Friday, January 21, 2022 - 11:16am | 511Numinus Wellness Inc (TSX: NUMI) (OTC: NUMIF) reported its fiscal first-quarter results Thursday for the three months ended Nov. 30, 2021. Based in Vancouver, the company said that it ended the quarter strong with a cash position of CA$53.9 million ($43.15 million) "We have made...