Sundial Posts Big Cannabis Revenue Following Alcanna Acquisition

SNDL Reports Second Quarter 2022 Financial and Operational Results CALGARY, AB, Aug. 12, 2022 /PRNewswire/ – SNDL Inc. (NASDAQ: SNDL) (“SNDL” or the “Company”) reported its financial and operational results for the...

- August 12th, 2022 at 5:44 pm

Adult-Use Sales Lift Michigan Cannabis Revenue Up 12% Sequentially in July to Record $210 Million

Michigan cannabis sales gained 12% compared to June with one extra day and increased 23% year-over-year to a record $209.9 million in July: The Michigan Marijuana Regulatory Agency breaks out...

- August 12th, 2022 at 12:17 pm

Cannabis Ecommerce Platform Lantern Is Driving Growth with Social Equity Incubators

Exclusive Interview with Lantern Co-Founder and CEO Meredith Mahoney Cannabis ecommerce company Lantern spun out from online alcohol delivery platform Drizly last year with $40 million in funding. Since...

- August 12th, 2022 at 9:15 am

Nova Cannabis Q2 Revenue Increases 13% Sequentially to C$56.3 Million

Nova Announces Second Quarter 2022 Results Second quarter sales growth of 90%, gross margin growth of 105%, and positive operating profit EDMONTON, AB, Aug. 11, 2022 /CNW/ – Nova Cannabis Inc....

- August 11th, 2022 at 8:09 pm

Glass House Brands to Raise Capital After Q2 Revenue Increases 18% Sequentially to $16.5 Million

Glass House Brands Reports Second Quarter 2022 Financial Results SoCal Farm first harvest was in May, and Glass House single month July production was almost equal to output for...

- August 11th, 2022 at 5:56 pm

Schwazze Q2 Revenue Increases 39% Sequentially to $44.3 Million

Schwazze Announces Second Quarter Results Record Quarterly Revenue and Adjusted EBITDA Revenue Increases 44% to $44.3 Million Compared to $30.7 Million in Q2 2021 Adjusted EBITDA of $15 Million,...

- August 11th, 2022 at 5:00 pm

TerrAscend Q2 Revenue Increases 31% Sequentially to $65 Million

TerrAscend Second Quarter 2022 Revenue Increases 31% Sequentially to $65 Million TORONTO, Aug. 11, 2022 /CNW/ – TerrAscend Corp. (“TerrAscend” or the “Company”) (CSE: TER) ( OTCQX: TRSSF), a leading North American...

- August 11th, 2022 at 4:34 pm

Leafly Q2 Revenue Increases 6% Sequentially to $12.1 Million

Leafly Holdings, Inc. Reports Second Quarter 2022 Financial Results Delivered 13.8% revenue growth and 19% ending retail account growth over Q2 2021 100% of all legal dispensaries in New...

- August 11th, 2022 at 4:31 pm

Goodness Growth Q2 Revenue Increases 35% Sequentially to $21.1 Million

Goodness Growth Holdings Announces Second Quarter 2022 Results Second quarter GAAP revenue of $21.1 million increased 34.9% sequentially and 48.2% YoY  Excluding former Arizona operations, second quarter revenue increased...

- August 11th, 2022 at 8:39 am

Greenlane Secures $15 Million Asset-Based Loan

BOCA RATON, FL / August 11, 2022 / Greenlane Holdings, Inc. (“Greenlane” or the “Company”) (NASDAQ:GNLN), one of the largest global sellers of premium cannabis accessories, child-resistant packaging, and specialty...

- August 11th, 2022 at 7:12 am

How Mike Tyson’s Cannabis Brand Plans to Dominate in the U.S. and Beyond

Exclusive Interview with Iconic Boxer and Cannabis Advocate Mike Tyson and Tyson 2.0 Co-Founder and President Chad Bronstein Mike Tyson is putting his weight behind his cannabis brand: Tyson...

- August 10th, 2022 at 12:56 pm

Trulieve Q2 Revenue Increases 1% Sequentially to $320.3 Million

Trulieve Delivers Record Second Quarter 2022 Results Driven by Organic Retail Sales Revenue of $320.3 million, up 49% year over year and 1% sequentially Retail revenue grew 3% sequentially across...

- August 10th, 2022 at 6:29 am

Lowell Farms Q2 Revenue Increases 6% Sequentially to $13.2 Million

Lowell Farms Inc. Announces Unaudited Second Quarter 2022 Financial and Operational Results SALINAS, Calif., Aug. 09, 2022 (GLOBE NEWSWIRE) — Lowell Farms Inc. (the “Company”) (CSE: LOWL; OTCQX: LOWLF),...

- August 9th, 2022 at 5:23 pm

WM Technology Q2 Revenue Increases 1% Sequentially to $58.3 Million

WM Technology, Inc. Reports Second Quarter 2022 Financial Results Second Quarter Revenue increased to $58.3 million representing growth of 24% year-over-year Co-Founder Douglas Francis appointed Executive Chair IRVINE, Calif.,...

- August 9th, 2022 at 4:40 pm

Hydrofarm Q2 Revenue Slips Sequentially 12% to $97.5 Million

Hydrofarm Holdings Group Announces Second Quarter 2022 Results Company Reiterates Updated Full Year 2022 Outlook SHOEMAKERSVILLE, Pa., Aug. 09, 2022 (GLOBE NEWSWIRE) — Hydrofarm Holdings Group, Inc. (“Hydrofarm” or...

- August 9th, 2022 at 4:25 pm

Cronos Group Q2 Revenue Decreases 8% Sequentially to $23.1 Million

Cronos Group Reports 2022 Second Quarter Results Consolidated net revenue increased by 48% year-over-year to $23.1 million in Q2 2022 Israel net revenue increased by 212% year-over-year to $7.2...

- August 9th, 2022 at 8:19 am

Charlotte’s Web Q2 Revenue Falls 3% Sequentially to $18.9 Million

Charlotte’s Web Delivers Operating Improvements on Lower Revenue in Second Quarter of 2022 Operating Expenses improved 31.5% Cash increase over Q1 of 2022 DENVER, Aug. 9, 2022 /PRNewswire/ – (TSX: CWEB)...

- August 9th, 2022 at 7:30 am

Village Farms Q2 Cannabis Sales Increase 24% Sequentially to $35.6 Million

Consolidated Revenue Increased 18% Year-Over-Year to $82.9 Million Canadian Cannabis Business Net Sales Increased 20% Year-Over-Year and 37% Sequentially to Quarterly New Record Pure Sunfarms Remains Best-Selling Dried Flower Brand...

- August 9th, 2022 at 7:01 am

Acreage Holdings Q2 Revenue Increases 8% Sequentially to $61.4 Million

Acreage Holdings Reports Second Quarter 2022 Financial Results Marked 6th consecutive quarter of positive Adjusted EBITDA* with sequential improvement of 20% quarter-over-quarter Continued solid revenue growth with a 39%...

- August 8th, 2022 at 6:09 pm

MariMed Q2 Revenue Increases 5% Sequentially to $33 Million and Company Lowers 2022 Outlook

MariMed Reports Second Quarter 2022 Earnings NORWOOD, Mass., Aug. 08, 2022 (GLOBE NEWSWIRE) —MariMed, Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused...

- August 8th, 2022 at 5:32 pm