5 Takeaways From Cannabis Earnings Season

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...
- August 22nd, 2021 at 10:51 am

HEXO Corp Raises $140 Million Selling Units at $2.95

HEXO Corp. Announces US$140 Million Public Offering OTTAWA, Aug. 20, 2021 (GLOBE NEWSWIRE) — HEXO Corp (“HEXO” or the “Company”) (TSX: HEXO; NYSE: HEXO) today announced the pricing of...
- August 20th, 2021 at 9:13 am

TerrAscend Q2 Revenue Increases 72% to $58.7 Million

TerrAscend Reports Second Quarter Net Sales of $58.7 Million, Adjusted EBITDA1 of $24.3 Million and Adjusted EBITDA1 Margin of 41% Signs agreements to be the sole cultivator and manufacturer...
- August 19th, 2021 at 8:08 am

MedMen to Raise $100 Million Selling Units at $0.24

MedMen Announces Backstopped US$100M Equity Investment Led by Serruya Private Equity to Fund Expansion and Transform Balance Sheet LOS ANGELES, August 17, 2021–(BUSINESS WIRE)–MedMen Enterprises Inc. (“MedMen” or the...
- August 17th, 2021 at 4:42 pm

Greenlane Q2 Revenue Increases 7% to $34.5 Million

Greenlane Reports Q2 2021 Revenue of $34.7 million and Record Core Revenue of $34.5 Million BOCA RATON, Fla., Aug. 17, 2021 (GLOBE NEWSWIRE) — Greenlane Holdings, Inc. (“Greenlane” or...
- August 17th, 2021 at 7:39 am

Glass House Brands Q2 Revenue Increases 62% to $18.7 Million

Glass House Brands Reports Second Quarter 2021 Financial Results –Net Revenue Increased 62% Year-over-Year –Generates Sustained Positive Adjusted EBITDA –Conference Call to be Held August 17, 2021 at 8:00...
- August 16th, 2021 at 9:46 pm

Lowell Farms Q2 Revenue Increases 53% to $15.2 Million

Lowell Farms Inc. Announces Record Revenues and Record Cultivation Output for the Second Quarter Lowell Reports 37% sequential growth in revenue driven by large cultivation yields advances and strong...
- August 16th, 2021 at 5:31 pm

4Front Q2 Revenue Increases 114% to $27.1 Million

4Front Ventures Reports Second Quarter 2021 Financial Results and Provides Business Update Systemwide Pro Forma Revenue1 of $34.4 million compared to $31.4 million in Q1 2021, an increase of 85% year over year and...
- August 16th, 2021 at 4:47 pm

Auxly Cannabis Q2 Revenue Triples to C$20.9 Million

Auxly Reports Q2 2021 Financial Results: Reports Record Revenues, Adjusted EBITDA and Canadian Recreational Market Share TORONTO, Aug. 16, 2021 (GLOBE NEWSWIRE) — Auxly Cannabis Group Inc. (TSX.V –...
- August 16th, 2021 at 7:50 am