American Cannabis News

GrowGen Q2 Revenue Increases 123% to $43.5 Million

GrowGeneration Reports Record Financial Results Q2 2020 Record Revenues of $43.5 Million, Adjusted EBITDA of $4.6 Million and Net Income of $2.6 Million 2020 Revenue Guidance Increased to $170-$175M...
- August 13th, 2020 at 7:36 am

Fyllo Raises $10 Million in Series A2 Financing

JW Asset Management and K2 & Associates lead round to accelerate R&D and industry expansion CHICAGO, Aug. 12, 2020 /PRNewswire/ — Fyllo today announced it has raised $10 million...
- August 12th, 2020 at 11:11 am

Trulieve Q2Revenue increases 26% from Q1 to $121 Million

Trulieve Reports Strong Consecutive Growth and Raises Guidance Solid operational results from achieving scale of cultivation and store footprint, provides industry leading free cash flow this quarter TALLAHASSEE, Fla.,...
- August 12th, 2020 at 7:23 am

Acreage Holdings Generates $27.1 Million Revenue in Q2

Acreage Holdings Reports Second Quarter 2020 Results NEW YORK, Aug. 11, 2020 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ) today reported financial results...
- August 11th, 2020 at 6:06 pm

Vireo Closes $37 Million Pennsylvania Asset Sale

Vireo Health Completes Sale of Equity in Pennsylvania Medical Solutions to Jushi Holdings Inc. for Total Consideration of $37 Million Transaction secures Vireo’s financial future without dilutive impacts to...
- August 11th, 2020 at 1:56 pm

Greenlane Reports Q2 Revenue of $32.4 Million

Greenlane Announces Second Quarter 2020 Financial Results BOCA RATON, Fla., Aug. 07, 2020 (GLOBE NEWSWIRE) — Greenlane Holdings, Inc. (“Greenlane” or “the Company”) (Nasdaq: GNLN), one of the largest...
- August 7th, 2020 at 7:32 am

Cannabis REIT Q2 Revenue Increases 183% to $24.3 Million

Innovative Industrial Properties Reports Second Quarter 2020 Results Investments Drive 183% Q2 Total Revenues, 322% Q2 Net Income and 263% Q2 AFFO Growth Year-over-Year SAN DIEGO, August 05, 2020–(BUSINESS...
- August 5th, 2020 at 4:49 pm

Cannabis Stocks Jump 9% in July to Extend Q2 Gains

Cannabis stocks recovered nearly all of the losses from June during July, with the Global Cannabis Stock Index increasing 9.0% to 32.07: The index, which had 37 qualifying members during the...
- August 3rd, 2020 at 1:43 pm

American Cannabis Operator Stocks Soar 27% in July

Adding to a 29% gain in Q2 despite a pullback in June, the American Cannabis Operator Index rocketed higher in July, increasing 26.7% to 34.53: The index, which launched at the...
- August 2nd, 2020 at 6:00 pm

How to Assess Cannabis Operator Intangible Assets

Intangible Assets in the Cannabis Industry – Measuring the Success of Acquisitions Guest Post by Noam Hirschberger, CFA, CVA, Principal, Co-Lead of Cannabis Practice at PKF O’Connor Davies In the...
- July 29th, 2020 at 10:54 am

Hawthorne Gardening Q3 Sales Grow 72% to $303 Million

ScottsMiracle-Gro Announces Third Quarter Financial Results, Increased Fiscal 2020 Guidance and Approval of Special Dividend Company-wide third quarter sales increase 28% including Hawthorne growth of 72% U.S. Consumer sales...
- July 29th, 2020 at 7:51 am