Author: NCV Newswire

Trulieve Q3 Revenue Growth Slows Significantly

Trulieve Reports Third Quarter 2024 Results Ahead of Florida Adult-Use Vote Third quarter revenue of $284 million, up 3% year over year, in line with guidance Gross margin of...
- November 5th, 2024 at 6:12 am

SNDL Buys Indiva Assets

SNDL Emerges as Canada’s Leading Producer of Edibles with Indiva Acquisition CALGARY, AB, Nov. 4, 2024 /CNW/ – SNDL Inc. (Nasdaq: SNDL) (“SNDL” or the “Company”) announced today that,...
- November 4th, 2024 at 5:23 pm

Cannabis REIT Borrows $50 Million at 9.0%

Chicago Atlantic Real Estate Finance Closes on $50 Million Unsecured Term Loan to Fund Deployment of New Investments Assigned BBB+ Investment Grade Rating from Egan-Jones CHICAGO, Oct. 23, 2024...
- October 23rd, 2024 at 7:43 am

SNDL Closes Nova Cannabis Acquisition

SNDL Successfully Completes Privatization of Nova and Welcomes New Director CALGARY, AB, Oct. 21, 2024 /PRNewswire/ – SNDL Inc. (Nasdaq: SNDL) (“SNDL”) and Nova Cannabis Inc. (TSX: NOVC) (“Nova”)...
- October 21st, 2024 at 9:16 am

Tilray Cannabis Revenue Falls 13% in FY25-Q1

Tilray Brands Reports Q1 2025 Financial Results Tilray Achieves 13% Year-Over-Year Growth, Generating Record Q1 Net Revenue of $200 Million Q1 Gross Margin Increases Over 500 Basis Points, Representing...
- October 10th, 2024 at 7:15 am

Cannabis Company GTI Borrows From Valley National Bank

Green Thumb Industries Refinances its Senior Debt Via Syndicated Credit Facility Closes $150 million 5-year credit facility at an industry-leading interest rate of SOFR +5.00% Utilizes proceeds to retire...
- September 12th, 2024 at 7:23 am

Cannabis Sales Growth Remained Challenged

New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s monthly cannabis sales data for 15 states. Cannabis sales increased 2.9% sequentially in August, boosted by one state going...
- September 5th, 2024 at 3:28 pm

SNDL To Buy Rest of Nova Cannabis for C$1.75 per Share

SNDL to Acquire Remaining Minority Interest of Nova Cannabis SNDL and Nova Execute Arrangement Agreement with Key Shareholder Support CALGARY, AB, Aug. 13, 2024 /PRNewswire/ – SNDL Inc. (Nasdaq:...
- August 13th, 2024 at 7:15 am

Organigram Q3 Revenue Increases 25%

  Organigram Reports Third Quarter Fiscal 2024 Results August 13, 2024 Net revenue of $41.1 million increased 25% over the prior year period Adjusted EBITDA¹ of $3.5 million versus...
- August 13th, 2024 at 6:41 am

Cannabist Q2 Revenue Falls 3%

The Cannabist Company Reports Second Quarter 2024 Results NEW YORK–(BUSINESS WIRE)–Aug. 8, 2024– The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”),...
- August 8th, 2024 at 7:10 am

Curaleaf Q2 Revenue Grows 2%

Curaleaf Reports Second Quarter 2024 Results Second quarter 2024 revenue of $342 million, representing an increase of 2% year-over-year and adjusted gross margin(1) of 48% Second quarter International revenue...
- August 7th, 2024 at 4:14 pm

Verano Q2 Revenue Falls 5%

Verano Announces Second Quarter 2024 Financial Results CHICAGO, Aug. 07, 2024 (GLOBE NEWSWIRE) — Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state...
- August 7th, 2024 at 6:29 am

Ayr Wellness Q2 Revenue Increases 1%

AYR Wellness Reports Second Quarter 2024 Results MIAMI, Aug. 07, 2024 (GLOBE NEWSWIRE) — AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated...
- August 7th, 2024 at 6:25 am

Trulieve Q2 Revenue Increases 8%

Trulieve Reports Second Quarter 2024 Results Exceeding Quarterly Guidance Second quarter performance of $303 million in revenue, up 2% sequentially and 8% year over year, and 60% gross margin...
- August 6th, 2024 at 7:53 am

GTI Revenue Grows 11% in Q2

Green Thumb Industries Reports Second Quarter 2024 Results CHICAGO and VANCOUVER, British Columbia, Aug. 05, 2024 (GLOBE NEWSWIRE) — Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE:...
- August 5th, 2024 at 6:06 pm

Ascend Grows Q2 Revenue 15%

AWH ANNOUNCES Q2 2024 FINANCIAL RESULTS Achieved $141.5M Net Revenue in Q2 2024, a 15% Increase Year-Over-Year Reported $28.3 million in Adjusted EBITDA, a 33% Increase Year-Over-Year Generated Positive...
- August 5th, 2024 at 7:53 am

TerrAscend Issues Debt at 12.75%

TerrAscend Completes $140 Million Debt Financing Non-dilutive financing bears a coupon of 12.75% with a four-year term and no prepayment penalties No material debt maturing until late 2027 TORONTO,...
- August 2nd, 2024 at 9:19 am

Hawthorne Gardening Sales Drop 28%

  ScottsMiracle-Gro Reports Fiscal 2024 Third Quarter Results U.S. Consumer third quarter net sales of $1 billion exceed prior year by 11 percent; Consumer engagement shows strength with unit...
- July 31st, 2024 at 7:46 am

Tilray Brands Q4 Cannabis Business Lifts 13%

Tilray Brands Reports Record Financial Results, Achieves 26% Net Revenue Growth Record Fiscal 2024 Gross Profit Reduced Net Convertible Debt by ~$300 Million in Fiscal 2024 Fiscal 2024 Net...
- July 29th, 2024 at 4:27 pm

Ascend Wellness Refinances Debt

Ascend Wellness Holdings Signs Definitive Agreements to Issue $235 Million of Senior Secured Notes ~ Secures funding with 12.75% coupon and a 5-year term ~ ~ Net Proceeds to...
- July 15th, 2024 at 7:26 am

Business for Sale – Indiva Limited

Business for Sale PricewaterhouseCoopers Inc., LIT, in its capacity as the court-appointed monitor (the “Monitor”) of: Indiva Limited, Indiva Amalco Ltd., Indiva Inc., Vieva Canada Limited and 2639177 Ontario...
- July 10th, 2024 at 6:52 am