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Cannabis Earnings

TerrAscend Net Sales Spike 169% YoY

TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF) released its preliminary results for the second quarter of the 2020 fiscal year. The New York-headquartered company anticipates net sales of $47.2 million. That's a sequential and year-over-year increase of 36% and 169%, respectively. read more

Cannabis Producer Cronos Plunges On $107M Loss, Says Pricing Pressures Drove Write-Downs

Cronos Group (NASDAQ: CRON) opened Thursday morning at $6.62 a share, but quickly lost ground on the heels of an earnings report showing a second-quarter net loss of $107 million. read more

MedMen Opens New Florida Store After Closing 5 Dispensaries

Cannabis retailer MedMen Enterprises Inc. (CSE: MMEN) (OTCQB: MMNFF) is cutting the ribbon on its fifth location in Florida. read more

Aphria Cannabis Revenue Soars 81%, Reports Fifth Quarter Of Growth

Aphria Inc. (TSX: APHA) (NASDAQ: APHA) achieved its fifth consecutive quarter of growth. The Leamington, Canada-based cannabis company reported a year-over-year revenue spike of 81% to CA$53.1 million (US$39.7 million). read more

Body and Mind Posts Q3 Results, Sees 33% Revenue Drop

Body and Mind Inc. (CSE: BAMM) (OTCQB: BMMJ), which recently agreed to manufacture and distribute Shoogies' THC infused sweeteners in California, released its read more

Aphria Q4 Sales C$152.2M, Up 18% YoY

Organigram Sees 27% YoY Revenue Decline

Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) has posted its third-quarter results for fiscal 2020. read more

Our Experience Launching A Direct-To-Consumer Flower Brand

By Max Goldstein, co-founder and partner at OpenNest Labs. A few weeks ago, Union Electric became one of the first cannabis brands in the state of California to offer direct-to-consumer (DTC) delivery with next-day drop-off across major metro areas. read more

Cannabis Countdown: Top 10 Marijuana And Psychedelics Industry News Stories Of The Week

Welcome to the Cannabis Countdown. In This Week’s Edition, We Recap and Countdown the Top 10 Marijuana and Psychedelics Industry News Stories for the Week of July 13th – 19th, 2020. Without further ado, let’s get started. read more

Cannabis Countdown: Top 10 Marijuana And Psychedelic Stock News Stories Of The Week

Welcome to the Cannabis Countdown. In This Week’s Edition, We Recap and Countdown the Top 10 Marijuana and Psychedelic Stock News Stories for the Week of July 13th – 19th, 2020. read more

Artelo Biosciences Reports Q3 Results, Talks Patent For Cocrystal CBD

Artelo Biosciences (NASDAQ: ARTL) announced its third-quarter results as of May 31.  The La Jolla, California-based company reported a net loss of $951,191, approximately $0.27 per basic share in contrast to $0.17 per share for the same quarter 2019. read more

WeedMD Revenue Spikes 327% As Retail Engagement 'Ramps Up'

Cannabis company WeedMD Inc. (TSX-V: WMD) (OTCQX: WDDMF) disclosed that its revenue rose by 327% to $12.2 million. That's a year-over-year increase of 265%. read more

MJardin Posts 80% YoY Revenue Drop, Witnesses Decrease In Net Loss

Cannabis company MJardin Group Inc. (CSE: MJAR) (OTCQX: MJARF) released its first-quarter financial results for fiscal 2020 on Tuesday. The Toronto-based company generated revenue of CA$2.2 million (US$1.6 million) during the quarter, down by roughly 80% compared to the same quarter last year. read more