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Earnings Roundup: Neptune, Item9, GW Pharmaceuticals
Tuesday, February 16, 2021 - 12:31pm | 773Neptune Revenue Declines 63% YoY, Shifts To CPG And Branded Products Global health and wellness company Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT) revealed Monday its third-quarter financial results, on the heels of announcing the purchase of a 50.1% stake in baby food and...
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Supreme Cannabis Reports Q2 Revenue Growth, Posts Adjusted EBITDA Of $3.6M
Friday, February 12, 2021 - 11:59am | 285The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) has generated roughly $21.7 in gross revenue and $18.3 million in net revenue in the second quarter of fiscal 2021. Over the same period, recreational net revenue increased 70% to $12.7 million. Wholesale net revenue, including...
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Earnings Roundup: C21 Investments, Body And Mind, CBD Of Denver
Wednesday, December 16, 2020 - 4:34pm | 595Body And Mind Q4 Revenue Increases By 106% Sequentially Cannabis company Body and Mind Inc. (CSE: BAMM) (OTCQB: BMMJ) announced fiscal results for the fourth quarter and fiscal year ending July 31. The Vancouver-based company generated $6.23 million in consolidated revenue for the whole year...
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Fire & Flower Revenue Spikes 142% YoY On Heels Of Buying Spree
Tuesday, December 15, 2020 - 1:10pm | 380Throughout the third quarter, cannabis retailer Fire & Flower Holdings Corp. (TSX: FAF) (OTCQX: FFLWF) found itself on the hunt for acquisition targets. According to the company's most recent earnings statement, the strategy paid off. Fire & Flower generated around $33.1...
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Earnings Roundup: iAnthus, Can-Fite, Organigram, Bluma Wellness, Auxly
Monday, November 30, 2020 - 12:39pm | 1022iAnthus Touts 82% YoY Revenue Growth, Names Interim COO New York-based iAnthus Capital Holdings Inc. (CSE: IAN) (PINK: ITHUF) generated around $40.6 million in revenue during the third quarter of fiscal 2020. That's up by 17% sequentially and roughly 82% year-over-year. The...
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Jushi Touts 67% Revenue Increase On Heels Of Pennsylvania Expansion
Tuesday, November 24, 2020 - 1:33pm | 464Cannabis company Jushi Holdings Inc. (CSE: JUSH) (OTCQB: JUSHF) reported Tuesday its third-quarter revenue totaled $24.9 million, up by 67% over the quarter. The revenue increase could be attributed to the revenue growth at its BEYOND/HELLO stores in Illinois and Pennsylvania, as well as...
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Cansortium Expands In Florida As Third Quarter Revenue Spikes 94% YoY
Monday, November 23, 2020 - 1:02pm | 319Cannabis company Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) reported Monday that it has generated $14.3 million in revenue in the third quarter of this fiscal year. That’s a year-over-year increase of 94%. Moreover, consolidated revenue for the nine months ended Sept. 30 amounted to $...
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Harborside Beats Q3 Projections As Evogene's Revenue Spikes 200% YoY
Wednesday, November 18, 2020 - 12:08pm | 618Harborside Generates $19.6M In Q3, Expects To 'Ramp Up' Production Capacities In 2021 Harborside Inc. (CSE: HBOR) (OCTQX: HBORF) beat its third-quarter projections generating roughly $19.6 million in gross revenue. That's up by 21.2% sequentially and 42.9% year-over-year. Wholesale...
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Kannaway Parent Medical Marijuana Generates $12.2M, PrestoDoctor Boosts Cannabis Sativa
Tuesday, November 17, 2020 - 12:58pm | 465Medical Marijuana Touts Positive Adjusted EBITDA In Q3, Net Revenue Of $12.2 Million Medical Marijuana Inc. (PINK: MJNA) has generated $12.2 million in net revenue over the third quarter. That's a sequential increase of 11.25%. The earnings report came on the heels of entering the CBN...
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Cannabis Movers & Shakers: Pro Surfer Machado Endorses Ikänik; Indus And Sunday Scaries Have New CFOs
Tuesday, November 10, 2020 - 11:41am | 1080Here is a summary of the latest company shakeups within the cannabis industry. Surfing Icon Rob Machado Endorses Ikänik Life Ikänik Life tapped icon Rob Machado to endorse the brand. The move comes on the heels of welcoming snowboarding phenom Toby Miller to its Action Sports CBD family....
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Next Green Wave Reports $1M Adjusted EBITDA In October, Over $1.7M In Revenue
Thursday, November 5, 2020 - 11:03am | 270Next Green Wave Holdings Inc. (CSE: NGW) (OTCQX: NXGWF) reported Thursday it has generated over $1.7 million in revenues for October. Its cash costs for the period amounted to around $700 000. The Vancouver-based company achieved positive adjusted EBITDA of roughly $1 million. Next Green Wave...
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TILT Expects Revenue Of $41M, Confirms Leadership Changes
Thursday, October 29, 2020 - 9:30am | 253TILT Holdings Inc. (CSE: TILT) (OTCQB: TLLTF) revealed Wednesday its revenue for the third quarter may reach $41 million. That’s a sequential increase between 4% and 6%. According to its preliminary earnings report, adjusted EBITDA would be between $2.5 and $3 million. Moreover, it...
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Quarterly Earnings: C21 Investments Touts 'Significant' Cash Flow As Akerna Revenue Declines
Thursday, September 24, 2020 - 9:30am | 676Here's a summary of the latest earnings updates in the cannabis industry: C21 Investments Reports "Significant Cash Flow" In Q2 Vertically integrated cannabis company C21 Investments Inc. (CSE: CXXI) (OTCQB: CXXIF) reported revenue of $9.4 million for the second quarter of this fiscal...
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Matson Lowers 2019 EBITDA Projection By $18 Million
Thursday, August 8, 2019 - 11:16am | 731Matson, the largest U.S. domestic container carrier, said it is lowering its operating income projection for 2019. Matson operates liner services to Hawaii, Alaska, Guam and other islands in the Pacific Ocean as well as an express container service from China to the U.S. West Coast. It also has a...
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GrubHub Drops Despite Beat-And-Raise Quarter
Thursday, October 25, 2018 - 12:25pm | 369Shares of GrubHub Inc (NYSE: GRUB) heavily sold off following its third-quarter earnings report despite a top-and-bottom line beat. The Analyst Stephens' Will Slabaugh maintains an Overweight rating on GrubHub with an unchanged $155 price target. The Thesis GrubHub, an online and mobile food...