Cannabis Company News

Fire and Flower Q1 Revenue Lifts 41% Over Short Q4

  Fire & Flower Announces First Quarter Fiscal 2023 Financial and Operational Results Fourth consecutive quarter of year-over-year same store sales and retail gross profit growth on the continued...
- May 15th, 2023 at 7:37 am

Columbia Care Q1 Revenue Drops 1% Sequentially

Columbia Care Reports First Quarter 2023 Results Quarterly Revenue of $125 Million, an Increase of 1% YoY Quarterly Gross Profit of Over $47 Million, an Increase of 13% QoQ...
- May 15th, 2023 at 7:34 am

Jushi Holdings Q1 Revenue Drops 9% Sequentially

Jushi Holdings Inc. Reports First Quarter 2023 Financial Results Total Revenue of $69.9 Million, an increase of 12.9% YoY Net Loss of $12.4 Million, an improvement of 37.0% YoY...
- May 12th, 2023 at 7:40 am

Nova Cannabis Q1 Revenue Falls 2% Sequentially

Nova Announces First Quarter 2023 Results First quarter revenue growth of 20.8%; gross margin improvement to 21.4%; and Adjusted EBITDA growth of 127% to $3.2 million EDMONTON, AB, May...
- May 11th, 2023 at 6:47 am

Schwazze Q1 Revenue Was Flat From Q4 at $40 Million

Schwazze Announces First Quarter 2023 Financial Results Revenue Increases 26% to $40.0M Compared to $31.8M in Q1 2022 Income From Operations Grew to $5.6M Compared to ($4.8M) in Q1 2022 Adjusted EBITDA (1) of $14.5M, or 36% of...
- May 10th, 2023 at 5:02 pm

Village Farms Q1 Cannabis Sales Fall 10% Sequentially

Village Farms International Reports Financial Results for First Quarter 2023 Canadian Cannabis Business Maintains Number Two Market Share Position Nationally, Including Number Two Position in Quebec Canadian Cannabis Retail...
- May 10th, 2023 at 7:45 am

Verano Holdings Q1 Sales Grow 1% Sequentially

Verano Announces First Quarter 2023 Financial Results Company Capitalizes on Strength of Recently-Converted Adult Use Markets to Deliver Revenue of $227 Million, a 12% Year-Over-Year Increase CHICAGO, May 10, 2023...
- May 10th, 2023 at 7:30 am

Trulieve Q1 Results Were Behind Analyst Estimates

Trulieve Reports First Quarter 2023 Results Marking Progress on Cash Objectives Record 4/20 results with traffic, customers served, and units sold up 10%, 11%, and 9%, respectively, year over...
- May 10th, 2023 at 6:55 am

Ascend Wellness Q1 Revenue Rises 2% Sequentially

AWH Announces Q1 2023 Financial Results Reported Record Quarterly Revenue Since Company Inception Achieved $114.2M Net Revenue in Q1 2023, a 34.2% Increase Year-Over-Year and 1.9% Increase Quarter-Over-Quarter Generates...
- May 9th, 2023 at 4:36 pm

Cronos Group Q1 Revenue Falls 12% Sequentially

Cronos Group Reports 2023 First Quarter Results Industry-leading balance sheet with $836 million in cash and short-term investments Targeting positive cash flow in 2024 Net revenue in Canada increased...
- May 9th, 2023 at 8:12 am

MariMed Q1 Revenue Falls 4% Sequentially

MariMed Reports First Quarter 2023 Earnings NORWOOD, Mass., May 08, 2023 (GLOBE NEWSWIRE) — MariMed Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator...
- May 8th, 2023 at 5:33 pm

Cannabis Stocks Are Cheap

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 7th, 2023 at 6:02 pm

GTI Q1 Revenue Slips 4% Sequentially to $248.5 Million

Green Thumb Industries Reports First Quarter 2023 Results CHICAGO and VANCOUVER, British Columbia, May 03, 2023 (GLOBE NEWSWIRE) — Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE:...
- May 3rd, 2023 at 4:18 pm

Curaleaf Q4 Revenue Increases 4% Sequentially

Curaleaf Reports Fourth Quarter and Fiscal Year End 2022 Results Record fiscal year 2022 revenue of $1.34 billion and Adjusted EBITDA(1) of $305 million, representing an increase of 12% and 17% from fiscal...
- May 1st, 2023 at 4:34 pm

Cannabis Sectors Slide Again in April

As we described in a previous article, the Global Cannabis Stock Index fell sharply in March, plunging 15.2%, leaving it down 12.5% in the first quarter of the year. This followed...
- May 1st, 2023 at 8:46 am

Which State Will Be Next to Legalize Cannabis?

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...
- April 23rd, 2023 at 6:35 pm

Curaleaf Keeps New Jersey Adult-Use Licenses

NJ CRC Board Reverses Itself and Fully Approves Curaleaf’s Adult Use License Renewals After Legal Challenge NEW YORK, April 17, 2023 /PRNewswire/ — Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX:...
- April 17th, 2023 at 3:13 pm

Cannabis Earnings Season for Q1 Approaches

The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. Most of the companies have reported Q4, and the reports...
- April 17th, 2023 at 8:02 am