Q1 2022 Systemwide Pro Forma Revenue of $32.4 million, an increase of 7% from Q1 2021 Q1 2022 Adjusted EBITDA of $9.0 million, an increase of 53% from Q1...
Initially available in Canada, TeaPot is the first beverage brand developed by BBCCC Inc, the cannabis subsidiary of Boston Beer. BOSTON, May 23, 2022 /PRNewswire/ — The Boston Beer Company, Inc. (NYSE: SAM),...
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...
Broadens Canopy Growth’s Portfolio of Premium Brands with Significant Opportunities to Scale Across North America SMITHS FALLS, ON and OAKLAND, Calif., May 18, 2022 /PRNewswire/ – Canopy Growth Corporation...
Company reports 20% year-over-year revenue growth and 45% year-over-year adjusted EBITDA1 growth – and continues industry leadership in branded wholesale and retail productivity Clears first milestone in proposed Columbia Care...
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...
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...
Omni-channel retail revenue increased 97% year-over-year, comprising 57% of net sales in Q1 2022 Gross margin improved to 25% in Q1 2022 from 12% average in 2021 Reveals strategic...
Sale Leaseback Transactions with IIPR include Massachusetts and Pennsylvania Facilities Net Proceeds from Both Transactions Expected to Reduce Existing Debt by up to 50% PHOENIX, May 16, 2022 (GLOBE...
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...
SANTA ANA, Calif., May 16, 2022 (GLOBE NEWSWIRE) — Unrivaled Brands, Inc. (OTCQX: UNRV) (“Unrivaled” or the “Company”), a multi-state vertically integrated company focused on the cannabis sector with...
Charlotte’s Web Delivers Operating Improvements on Lower Revenue in First Quarter of 2022 Revenue decrease largely due to lower eCommerce traffic 14.4% reduction in Operating Expenses Significant improvements in...
Q1 2022 revenue of $25.7 million, up 8% compared to Q1 2021 Q1 2022 net loss of $2.1 million, compared to net loss of $6.0 million in Q1 2021...
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...
Quarterly Revenue of $123 Million, an Increase of 43% YoY Gross Profit of $57 Million, an Increase of 68% YoY Gross Margin of 46%, an Increase of 676bps YoY,...
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...
NEW YORK and TORONTO, May 12, 2022 /PRNewswire/ – iAnthus Capital Holdings, Inc. (“iAnthus” or the “Company”) (CSE: IAN) (OTCPK: ITHUF), which owns, operates, and partners with regulated cannabis...
IM Cannabis Reports Record First Quarter 2022 Financial Results; Revenues Increase 169% YoY to $23.6 Million Gross Profit Increased 37% from Q1 2021 as Operational Efficiencies from Integration Take...
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...
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...
PLUS Acquisition Complete; Agreements in Place to Increase Glass House’s Projected California Dispensary Footprint to 10 Locations First Sale from 5.5 million sq. ft. SoCal Cultivation Facility Expected in...
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...
Trulieve Starts Year with Record First Quarter 2022 Results Record revenue of $318.3 million, up 64% year over year and 4% sequentially First quarter 2022 cash flow from operations of $45.1...
Q1 2022 Net Revenue of $85.1 million Cash and Cash Equivalents of $143.8 million at Quarter-End NEW YORK, May 11, 2022 /PRNewswire/ – Ascend Wellness Holdings, Inc. (“AWH” or...
According to a recently filed S-1/A, Bright Green Corporation (NASDAQ: BGXX) is one of the few companies who have received conditional approval with the DEA to produce federally legal cannabis...
