Author: NCV Newswire

Ascend Q4 Revenue Increases 25%

AWH ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS Q4 2023 Net Revenue Increased 25% Year-over-Year to $140 million Q4 2023 Adjusted EBITDA Increased 15% Year-over-Year to $32...
- March 12th, 2024 at 7:28 am

Curaleaf Q4 Revenue Grows 4% Sequentially

Curaleaf Reports Fourth Quarter and Full Year Ended 2023 Results Fourth quarter 2023 revenue of $345 million, representing an increase of 4% quarter-over-quarter. Fourth quarter 2023 adjusted EBITDA(1) of...
- March 6th, 2024 at 4:15 pm

Planet 13 Sells Stock

Planet 13 Announces Pricing of Public Offering of Units LAS VEGAS, March 5, 2024 /PRNewswire/ – Planet 13 Holdings Inc. (CSE: PLTH) (OTCQX: PLNH) (“Planet 13” or the “Company”),...
- March 5th, 2024 at 9:51 am

A Sign of Trouble for the MSOs

You’re reading this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to help our readers...
- March 1st, 2024 at 3:57 pm

Notice of Auction for Assets of a Massachusetts Cannabis Operator

Secured Party Rep: David Engel Phone: 404-993-7077 Email: engelcapitaladvisors@gmail.com Website: Fullmoonrealestateinvestments.com Auctioneer: Michael Saperstein Phone: 617-227-6553 Email: msaperstein@pesco.com   Assets of Middlesex Integrative Medicine, Inc. & MIM Management, LLC...
- March 1st, 2024 at 12:50 pm

Trulieve Beats Expectations in Q4

Trulieve Reports Fourth Quarter and Full Year 2023 Results Highlighting Year End Momentum and Cash Generation Fourth quarter performance delivered highest revenue and gross margin for the year Record...
- February 29th, 2024 at 6:20 am

Verano Q4 Revenue Declines 1% Sequentially

Verano Announces Fourth Quarter and Full Year 2023 Financial Results Record Revenue of $938 Million Increased 2023 Net Cash Provided by Operating Activities by 16% to $110 Million Generated...
- February 29th, 2024 at 6:02 am

GTI Posts Better-Than-Expected Q4

  CHICAGO and VANCOUVER, British Columbia, Feb. 28, 2024 (GLOBE NEWSWIRE) — Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis...
- February 28th, 2024 at 4:15 pm

Organigram Q1 Revenue Declines

Organigram Reports First Quarter Fiscal 2024 Results Achieved positive cash flow from operations, solidified #2 market position in Canada among licensed producers, significantly improved margins sequentially quarter-over-quarter, and closed...
- February 13th, 2024 at 6:23 am

Canopy Growth Burns Cash Again in Q3

Canopy Growth Reports Third Quarter Fiscal Year 2024 Financial Results; Achieves Third Quarter of Sequential Revenue Growth across Canada Cannabis Businesses and a Record Quarter for Medical Sales Canada...
- February 9th, 2024 at 7:33 am

Aurora Cannabis Expands With Australian Acquisition

Aurora Cannabis Acquires MedReleaf Australia Aurora becomes the largest global medical cannabis company operating in nationally legal markets. MedReleaf Australia holds the #2 position in medical cannabis within the...
- February 8th, 2024 at 7:08 am

Hawthorne Revenue Plunges in Q1

ScottsMiracle-Gro Reports First Quarter Results Early Season Lawn and Garden Performance In-line with Expectations Company Reaffirms Full-year Non-GAAP Adjusted Gross Margin Improvement of 250 bps and Full-year Non-GAAP Adjusted...
- February 7th, 2024 at 7:18 am

High Tide Q4 Sees Sales Lift 2% Sequentially

High Tide Releases Audited 2023 Financial Results Featuring Record Fourth Quarter Revenue of $127.1 Million, Record Adjusted EBITDA of $8.4 Million and Record Free Cash Flow of $5.7 Million,...
- January 29th, 2024 at 4:22 pm

Organigram Raises C$41.5 Million Selling Shares at C$3.22

Organigram Announces the First Tranche Closing from BAT Investment TORONTO–(BUSINESS WIRE)–Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the “Company” or “Organigram”), a leading licensed producer of cannabis, announced today...
- January 24th, 2024 at 6:15 am

Canopy Growth Raises $35 Million Selling Units

Canopy Growth Announces Upsized US$35 Million Private Placement SMITHS FALLS, ON, Jan. 18, 2024 /PRNewswire/ – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (Nasdaq: CGC), today...
- January 18th, 2024 at 7:42 am

Canopy Growth Sells Stock at US$4.29

Canopy Growth Announces US$30 Million Private Placement SMITHS FALLS, ON, Jan. 9, 2024 /PRNewswire/ – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (Nasdaq: CGC), today announced...
- January 9th, 2024 at 8:25 am

Long Q4 Lifts Organigram Revenue

Organigram Reports Fiscal 2023 Results¹ Domestic share growth in several key categories continues to be driven by innovation excellence and industry-leading R&D. Organigram continues to take a leadership position...
- December 19th, 2023 at 6:28 am

MariMed Refinances Chicago Atlantic Loan

MariMed Closes $58.7 Million Debt Refinancing 10-Year Term at Reduced Annualized Interest Rate Will Result in $4.7 Million Reduction to Principal and Interest Expense in the First 12 Months...
- November 20th, 2023 at 7:42 am

AYR Wellness Q3 Revenue Falls Short of Projections

AYR Wellness Reports Third Quarter 2023 Results Revenue up 5% Y/Y to $114.4 Million, Excluding Discontinued Operations GAAP Loss from Operations Improved 92% Y/Y to ($1.5) Million, Excluding Discontinued...
- November 16th, 2023 at 7:10 am

Cresco Labs Q3 Revenue Declines Less Than Expected

Cresco Labs Reports Third Quarter 2023 Financial Results Continued execution of Year-of-the-Core strategy delivers strong margin and operating cash flow gains, with elimination of over $40 million in annualized...
- November 15th, 2023 at 7:52 am

Cannabist Q3 Was Flat Sequentially

The Cannabist Company Reports Third Quarter 2023 Results NEW YORK–(BUSINESS WIRE)–The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of...
- November 14th, 2023 at 7:25 am

Curaleaf Misses Revenue Analyst Estimate for Q3

Curaleaf Reports Third Quarter 2023 Results Third quarter 2023 revenue of $333 million excluding $3.5 million from discontinued operations, representing an increase of 2% year-over-year, and adjusted EBITDA¹ of...
- November 9th, 2023 at 4:14 pm