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Cannabis Vape Co. Ispire Grows Abroad As US Sales Decline Slows Q1 Revenue
Tuesday, November 12, 2024 - 9:59am | 546Ispire Technology Inc. (NASDAQ:ISPR), a company with a focus on innovations in vaping technology and precision dosing, reported its first quarter 2025 results Monday for the period ended on Sept. 30, 2024. Co-CEO Michael Wang said despite challenges the company remained focused on long-term growth...
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PharmaCielo Cannabis Co. Narrows Net Loss By 31% YoY In Q1, CEO Says Cost Reduction Efforts Showing Results
Friday, July 5, 2024 - 9:22am | 572PharmaCielo Ltd. (TSXV:PCLO) (OTC:PCLOF) announced its financial results on Thursday for the fourth quarter and year ended December 31, 2023, as well as for the first quarter ended March 31, 2024. The Canadian parent of Colombia’s cultivator and producer of dried flower and medicinal-grade...
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Marijuana Fintech Co. POSaBIT Reports 67% YoY Drop In Q1 Revenue, Renews Focus On Sustainable Profitability And Growth
Friday, June 14, 2024 - 9:13am | 487Cannabis-focused provider of payments infrastructure POSaBIT Systems Corporation (CSE:PBIT) (OTC:POSAF) reported its financial results on Thursday for the three months ended March 31, 2024. The company reported a 67% year-over-year drop in revenue to $33.8 million in the first quarter. Ryan...
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Grown Rogue Reports Record Q1 Revenue, CEO Calls These Two States 'Primary Growth Drivers'
Thursday, May 30, 2024 - 10:09am | 627Grown Rogue International Inc. (CSE:GRIN) (OTC:GRUSF) reported its first-quarter 2024 results on Thursday for the three months ended March 31, 2024. The Oregon-based company reported record quarterly revenue of $6.7 million, compared to $6 million in the three months ended April 30, 2023,...
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Decibel Cannabis Reports 16% YoY Drop In Q1 Revenue, CEO Expects Improved Q2 And 'Continued Path To Sustainable Growth And Profitability'
Wednesday, May 29, 2024 - 10:18am | 466Decibel Cannabis Company Inc. (TSXV:DB) (OTCQB:DBCCF), a maker of premium cannabis and extract manufactured products, announced its unaudited interim financial results on Wednesday for the three months ending March 31, 2024. The Alberta-based company reported a year-over-year decrease of 16% in net...
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Cannabis Company 4Front Reports 28% YoY Drop In Q1 Revenue While Net Loss Grows, CEO Optimistic With Biden's Marijuana Rescheduling News
Friday, May 17, 2024 - 9:04am | 562Vertically integrated multi-state operator (MSO) and cannabis retailer 4Front Ventures Corp. (CSE:FFNT) (OTCQX:FFNTF) announced its financial results on Friday for the quarter ended March 31, 2024. “We’ve had an encouraging start to the year, energized by the fresh dynamics introduced...
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Medical Marijuana Giant Trulieve, Backer Of Florida's Recreational Cannabis Ballot, Narrows Loss, Reports Uptick In Q1 Revenue, Gross Profit
Thursday, May 9, 2024 - 8:49am | 671Trulieve Cannabis Corp. (CSE:TRUL) (OTCQX:TCNNF) announced its first quarter results for the three months ended March 31, 2024. The Tallahassee-based medical cannabis giant reported revenue of $298 million for the first quarter of fiscal 2024, representing an increase of 4% sequentially and year-...
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Pervasip Reports Slight YoY Decrease In Q1 Revenue As It Prepares For Cannabis Spin-Off
Wednesday, April 24, 2024 - 12:46pm | 368Pervasip Corp. (OTCPK: PVSP) announced its 2024 first-quarter financial results on Tuesday. Simultaneously, the Seattle-based company said it's still in the restructuring process and preparation for the spin-out of all of its cannabis assets. "We are entering our final phase of restructuring which...
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Organigram Reports 16% YoY Revenue Drop But Kicks Off Year 'With A Bang,' Says CEO On Hundreds Of Millions In Tobacco Giant BAT Investment
Tuesday, February 13, 2024 - 11:45am | 481Cannabis producer Organigram Holdings Inc. (NASDAQ:OGI) (TSX:OGI) announced its first quarter financial results on Tuesday for the three months ended Dec. 31, 2023. The Toronto-based company reported a 16% year-over-year decrease in net revenue to CA$36.5 million ($27.1 million), attributing it to...
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Scotts Miracle-Gro's Cannabis-Focused Subsidiary Reports 39% YoY Revenue Drop In Q1
Thursday, February 8, 2024 - 12:45pm | 453Scotts Miracle-Gro (NYSE:SMG) reported its financial results on Wednesday for its first quarter ended Dec. 30. The report included results of its subsidiary Hawthorne Gardening Company, a provider of nutrients, lighting and other materials used in the indoor and hydroponic growing segment that...
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Pot Products Drive Profit For This Vape-Tech Company: Q3 Revenue Spikes YoY, Loss Narrows
Tuesday, November 14, 2023 - 4:07pm | 407Ispire Technology Inc. (NASDAQ: ISPR) reported its first quarter financial results on Tuesday, revealing a 59.1% year-over-year increase in revenue to $42.9 million in the three months ended Sept. 30, 2023. Cannabis vaping products contributed $17.3 million to revenue during the fiscal first...
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Analyst Touts 'Key Underlying Improvements' For HEXO Despite Q1 Revenue Drop
Friday, December 16, 2022 - 12:09pm | 614Hexo Corp. (NASDAQ: HEXO) reported a 29% year-over-year and 16% sequential decrease in net revenue to CA$ 35.8 million ($26.3 million) in the first quarter of fiscal 2023. Still, Hexo CEO Charlie Bowman touted the quarter as “one of incredible progress" where the results of a "...
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ScottsMiracle-Gro Posts Q1 Profit, Hawthorne Gardening Revenue Spikes 71% To $309M
Wednesday, February 3, 2021 - 12:35pm | 265The Scotts Miracle-Gro Company (NYSE: SMG) reported Wednesday a 105% sales spike, reaching $748.6 million in the first three months of this fiscal year. The record quarterly results can be mainly attributed to the substantial retailer support in the U.S. Consumer and Hawthorne segments, according...
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Aphria Revenue Spikes 23% In Yet Another Growth Quarter
Thursday, October 15, 2020 - 10:08am | 374Aphria Inc. (TSX: APHA) (NASDAQ: APHA) has achieved record gross revenue of CA$69.6 million in the first quarter, up by 23% compared to the previous period. This is the Leamington, Ontario-based company's sixth consecutive quarter of growth. "Our strong first-quarter...
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Radient Posts $5.5M Net Loss, Continues To Restructure Operations
Friday, October 9, 2020 - 11:42am | 362Radient Technologies Inc. (OTCQX: RDDTF) revealed Thursday it generated $42,435 in revenues for the first quarter of fiscal 2021. The Edmonton, Alberta-based producer of cannabinoid-based formulations and products, noted that revenues represented considerably reduced...