Canadian Cannabis News

InterCure Q1 Revenue Increases 9% Sequentially to C$34 Million

InterCure Begins 2022 with Record Breaking First Quarter Financial Results Record revenue of $341 million in the first quarter of 2022 Adjusted EBITDA2 increased almost 110% year-over-year to $8 million Net income of $6 million...
- May 16th, 2022 at 6:06 pm

Sundial Growers Q1 Revenue Decreases 23% to C$17.6 Million

Sundial Reports First Quarter 2022 Financial and Operational Results CALGARY, AB, May 16, 2022 /PRNewswire/ – Sundial Growers Inc. (NASDAQ: SNDL) (“Sundial” or the “Company”) reported its financial and operational results for...
- May 16th, 2022 at 5:51 pm

Auxly Q1 Revenue Declines 23% Sequentially to C$22.6 Million

TORONTO, May 16, 2022 /PRNewswire/ – Auxly Cannabis Group Inc. (TSX: XLY) (OTCQX: CBWTF) (“Auxly” or the “Company”) today released its financial results for the three months ended March 31, 2022. These filings and additional information regarding...
- May 16th, 2022 at 7:47 am

Aurora Q3 Revenue Decreases 17% Sequentially to $50.4 Million

Aurora Cannabis Announces Fiscal 2022 Third Quarter Results Increasing Original Target for Expense Savings; Management Now Expects $150 to $170 Million in Annualized Cost Savings by H1/2023 versus Stated Target of $60 to $80 Million Reiterating...
- May 12th, 2022 at 4:52 pm

Verano Q4 Revenue Increases 2% Sequentially to $211 Million

Company delivers record 2021 U.S. GAAP and proforma revenue1 of $738 million and $760 million, respectively 2021 Adjusted EBITDA2 margin of 44% — in line with Company guidance Financial results presented in U.S. GAAP CHICAGO, April 27, 2022 (GLOBE NEWSWIRE) — Verano Holdings...
- April 27th, 2022 at 7:49 am

Canopy Growth Further Downsizes to Reduce Costs

Strategic adjustments are expected to generate savings of $100 – $150 million within 12 – 18 months SMITHS FALLS, ON, April 26, 2022 /PRNewswire/ – Canopy Growth Corporation (“Canopy...
- April 26th, 2022 at 5:06 pm