American Cannabis News

Cresco Labs Q2 Revenue Increases 123% to $210 Million

Cresco Labs Announces Second Quarter 2021 Financial Results Company reports record revenue of $210 million and reaffirms annualized revenue run-rate guidance of $1 billion by the end of 2021...
- August 13th, 2021 at 7:16 am

Agrify Q2 Revenue Triples to $11.8 Million

Agrify Announces Record Second Quarter 2021 Financial Results Revenue grew 203% year-over-year and 69% sequentially to $11.8 million in Q2 2021 New bookings were $30.7 million, bringing total backlog...
- August 12th, 2021 at 5:01 pm

Weedmaps Parent Q2 Revenue Increases 21% to $47 Million

  WM Technology, Inc. Reports Second Quarter 2021 Financial Results and Affirms 2021 Outlook Second Quarter Revenue increased to $47 million Total Revenue grew 21% year-over-year with U.S. Revenue...
- August 12th, 2021 at 4:53 pm

Hydrofarm Q2 Revenue Increases 47% to $134 Million

Hydrofarm Holdings Group Announces Second Quarter 2021 Results Company Updates Full Year 2021 Outlook FAIRLESS HILLS, Pa., Aug. 12, 2021 (GLOBE NEWSWIRE) — Hydrofarm Holdings Group, Inc. (“Hydrofarm” or...
- August 12th, 2021 at 4:44 pm

Trulieve Q2 Revenue Increases 78% to $215 Million

Trulieve Reports Record Second Quarter 2021 Earnings and Expansion into New Markets Achieved a number of firsts and records including 14th consecutive quarter of profitability and over 500,000 customers served; Became...
- August 12th, 2021 at 7:29 am

urban-gro Q2 Revenue Increases 220% to $12.8 Million

urban-gro, Inc. Reports Record Second Quarter 2021 Financial Results and Provides Full Year 2021 Guidance Record revenues in Q2 2021 of $12.8 million compared to revenues of $4.0 million...
- August 11th, 2021 at 4:19 pm

iAnthus Q2 Revenue Increases 57% to $54 Million

iAnthus Reports Second Quarter 2021 Financial Results and Provides Update on Status of Recapitalization Transaction NEW YORK and TORONTO, Aug. 10, 2021 /PRNewswire/ – iAnthus Capital Holdings, Inc. (“iAnthus”...
- August 10th, 2021 at 8:34 am

Curaleaf Q2 Revenue Increases 166% to $312 Million

Curaleaf Reports Record Second Quarter 2021 Results Second quarter 2021 Revenue(1) of $312 million, up 20% sequentially and 166% YoY Second quarter 2021 Adjusted EBITDA margin of 28% on core U.S....
- August 9th, 2021 at 4:27 pm

Cannabis Information Provider Leafly to Merge with SPAC

Leafly To Go Public Through Business Combination With Merida Merger Corp I Transaction Enables Leafly to Execute Growth Strategy and Expand Leading Content-First, Community-Driven Cannabis Discovery Marketplace Leafly is...
- August 9th, 2021 at 9:09 am

Greenlane Raises $32 Million Selling Units at $3.16

Greenlane Holdings Announces $32 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules BOCA RATON, Fla., Aug. 09, 2021 (GLOBE NEWSWIRE) — Greenlane Holdings, Inc. (“Greenlane” or “the Company”)...
- August 9th, 2021 at 8:59 am

Cannabis Sales Slowed Ahead of the Summer

The weakening growth trends in May that we discussed last month continued in June, according to cannabis data analytics firm BDSA. The comparisons to a year ago, when demand...
- August 8th, 2021 at 8:07 pm