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PharmaCielo Cannabis Co. Reports 270% YoY Increase In Q3 Revenue, Confident About Profitability In 2025
Monday, December 2, 2024 - 11:03am | 475Cannabis 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...
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Canadian Cannabis Co. Entourage Health Shares Spike On 8% YoY Q3 Revenue Growth, Reduced Losses
Friday, November 29, 2024 - 11:45am | 439Canadian 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...
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Cannabis-Focused RIV Capital Reports 186% YoY Surge In Q3 Revenue Ahead Of Major Merger That Will Cover 25% Of US Population
Friday, November 29, 2024 - 10:26am | 587RIV 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...
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Canadian Cannabis Co. Decibel Reports 12% YoY Drop In Q3 Revenue But Increases Gross Margin To 53%
Friday, November 22, 2024 - 9:54am | 461Decibel Cannabis Company Inc. (TSXV:DB) (OTCQB:DBCCF) announced its unaudited interim financial results on Thursday for the third quarter ending Sept. 30, 2024. “Decibel has been very deliberate about reducing our current liabilities, by ~5mm this quarter," CEO Benjamin Sze said. "...
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Ohio's Weed Enthusiasts Help This Cannabis Company's Bottom Line: 165% YoY Increase In Q3 Adjusted EBITDA
Thursday, November 21, 2024 - 11:28am | 484Cannabis operator with vertical operations in Arizona and Ohio Vext Science, Inc. (CSE:VEXT) (OTCQX:VEXTF) reported on its financial results Thursday for the period ended Sept. 30, 2024. “Vext’s performance in the third quarter of 2024 was a testament to the team’s disciplined...
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Cannabis Co. Grown Rogue Reports 7% Increase In Q3 Revenue, Focuses On New Jersey And Illinois Expansion
Friday, November 15, 2024 - 2:33pm | 664Grown Rogue International Inc. (CSE:GRIN) (OTC:GRUSF) reported its third quarter 2024 results on Thursday for the three months ended Sept. 30, 2024. "This was another exciting quarter for Grown Rogue with solid financial metrics showing the continued execution by our team in competitive markets...
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California Cannabis Co. Gold Flora: 241% QoQ Growth In Adjusted EBITDA, Narrows Net Loss By 21%
Friday, November 15, 2024 - 10:46am | 428Vertically integrated Gold Flora Corporation (CBOE: GRAM) (OTCQB:GRAM) released its financial results Thursday for the third quarter of fiscal 2024. “Amid the ongoing challenges facing the broader industry, we’ve made significant strides in positioning ourselves for long-term success,"...
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Canopy Growth Acquisition Target Acreage Reports 30% YoY Decline In Q3, Record Cannabis Wholesale Revenue In NY
Friday, November 15, 2024 - 10:10am | 538Vertically integrated cannabis operator Acreage Holdings, Inc. (CSE:ACRG, ACRG.B.U)) (OTCQX:ACRHF, ACRDF)) reported its financial results Thursday for the third quarter ended Sept. 30, 2024. "In the third quarter, we continued to focus on re-accelerating growth across our core states, including...
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California Weed Co. Glass House Brands Reports 32% YoY Q3 Revenue Growth (UPDATED)
Thursday, November 14, 2024 - 9:51pm | 662Editor’s Note: This article has been updated to exclude references to CEO Kyle Kazan's past experience, as they were not directly relevant to the focus of the story. Vertically integrated Glass House Brands Inc. (CBOE CA: GLAS.A.U) (CBOE CA: GLAS.WT.U) (OTCQX:GLASF) (OTCQX:GHBWF) reported its...
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CBD Pharma Co. MediPharm: 37% Increase In Q3 International Sales, 15% YoY Revenue Growth
Thursday, November 14, 2024 - 10:37am | 514CBD-based pharmaceutical company MediPharm Labs Corp. (TSX:LABS) (OTCQB:MEDIF) (FSE: MLZ) announced its third quarter financial results Thursday for the three months ended Sept. 30, 2024. Q3 Financial Highlights Net revenue totaled CA$9.8 million ($7 million), representing a 15% increase year-over...
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Cannabis REIT NewLake: 9.3% YoY Q3 Revenue Growth Despite Tenant Challenges, CEO Optimistic
Thursday, November 14, 2024 - 10:28am | 491NewLake Capital Partners, Inc. (OCTQX: NLCP) announced its financial results Wednesday for the third quarter ended Sept. 30, 2024. The Connecticut-based company said third-quarter revenue totaled $12.6 million, representing an increase of 9.3% year-over-year. Anthony Coniglio, NewLake's president...
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CBD Pioneer Charlotte's Web Narrows Loss In Q3, Focuses On Long-Term Growth
Thursday, November 14, 2024 - 9:43am | 592Charlotte’s Web Holdings, Inc. (TSX:CWEB) (OTCQX:CWBHF) a producer of hemp-derived CBD and other botanical wellness products, reported its financial results on Thursday for the third quarter ended Sept. 30, 2024. “Our return to quarter-over-quarter growth in 2024 signals that our...
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Zig-Zag Rolling Papers Segment Drives 47% Of Turning Point Brands' Q3 Sales, CEO Predicts Sustainable Growth
Thursday, November 7, 2024 - 2:45pm | 448Turning Point Brands, Inc. (NYSE:TPB), a maker of branded consumer products, including alternative smoking accessories and consumables with active ingredients, announced its financial results Thursday for the third quarter ended Sept. 30, 2024. The company behind Zig-Zag, a brand of rolling papers...
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NASDAQ Traded Cannabis REIT Reports 10% YoY Revenue Increase, Touts Property Across 19 States
Thursday, November 2, 2023 - 9:24am | 754Innovative Industrial Properties, Inc. (NYSE: IIPR) reported its third quarter financial results on Wednesday for the three month period ended Sept.30, 2023, revealing a 10% year-over-year increase in total revenues to $77.8 million. The company is the first and only real estate company...