Publicly Traded Cannabis Stock News
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,...
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...
First quarter GAAP revenue of $15.6 million increased 18.2% compared to 2021 Excluding discontinued operations, first quarter revenue increased 34.5% YoY MINNEAPOLIS, May 11, 2022 /PRNewswire/ — Goodness Growth...
AWH Signs Term Sheet to Settle Lawsuit with MedMen Transaction expected to close within the coming month NEW YORK, May 11, 2022 /PRNewswire/ – Ascend Wellness Holdings, Inc. (“AWH”...
Agrify Announces Record Revenue Results for First Quarter 2022 First Quarter Revenue Grew 271% Year-Over-Year to $26 Million, Exceeding Prior Guidance First Quarter Contractual Backlog Increased by $77 Million...
MariMed Reports First Quarter 2022 Earnings Revenue Grew 27% Year Over Year Non-GAAP Adjusted EBITDA Grew 29% Year Over Year Company Maintains Full Year 2022 Guidance NORWOOD, Mass., May...
Record first quarter revenue of $21.1 million, representing growth of 76% compared to the prior year period First quarter net loss of $(0.7) million First quarter Adjusted EBITDA1 of $0.4...
Hydrofarm Holdings Group Announces First Quarter 2022 Results SHOEMAKERSVILLE, Pa., May 10, 2022 (GLOBE NEWSWIRE) — Hydrofarm Holdings Group, Inc. (“Hydrofarm” or the “Company”) (Nasdaq: HYFM), a leading independent...
DENVER, May 10, 202–(BUSINESS WIRE)–GrowGeneration Corp. (NASDAQ: GRWG) (“GrowGen” or the “Company”), the largest chain of specialty hydroponic and organic garden centers with 63 locations across 13 states, today...
Consolidated net revenue increased by 99% year-over-year to $25.0 million in Q1 2022 Israel net revenue increased by 263% year-over-year to $9.1 million in Q1 2022 Increased market share...
