Cannabis Company News

Cannabis Stocks Get through a Tough Quarter

You’re reading a copy of 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...
- May 22nd, 2022 at 6:51 pm

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

Schwazze Q1 Revenue Jumps 20% Sequentially to $31.8 Million

Revenue Increases 64% to $31.8 Million Compared to $19.3 Million in Q1 2021 Adjusted EBITDA is $7.9 Million, 25% of Revenue 14 Dispensaries Added During Q1 2022 in Colorado and New Mexico On Track to Achieve GuidanceQ4...
- May 16th, 2022 at 4:45 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

TerrAscend Q1 Revenue Increases 1% Sequentially to $49.7 Million

TerrAscend Reports First Quarter 2022 Financial Results TORONTO, May 12, 2022  /PRNewswire/ – TerrAscend Corp. (“TerrAscend” or the “Company”) (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, today reported its...
- May 12th, 2022 at 4:41 pm

Glass House Brands Acquires New California Cannabis Dispensaries

Adds 2 high-performing dispensaries in limited license locations Adds 1 additional store which will open imminently in a limited license location Increases Glass House’s projected 2022 operational California dispensary footprint to...
- May 12th, 2022 at 7:36 am