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Earnings Roundup: Neptune, Item9, GW Pharmaceuticals
Tuesday, February 16, 2021 - 12:31pm | 773Read More...Neptune 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 | 285Read More...The 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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Cannabis Movers And Shakers: HEXO, Advanced Vapor Devices, RI Office, BC Craft, HempFusion
Tuesday, February 9, 2021 - 10:42am | 876Read More...Here is a summary of the latest leadership changes within the cannabis industry. Advanced Vapor Devices Announces New Hires, Promotions Cannabis vape pen manufacturer Advanced Vapor Devices has promoted Audra Horridge from AVD's VP of operations to VP of Product. Horridge brings knowledge...
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Earnings Roundup: Next Green, Namaste, Item 9, Indiva
Wednesday, January 13, 2021 - 12:10pm | 956Read More...Next Green Reports Q4 Results And Corporate Appointments Next Green Wave Holdings Inc. (CSE: NGW) (OTCQX: NXGWF) has generated approximately $4.7 million in revenue, compared to $3.6 million in the prior period and $150,000 in the corresponding quarter of 2019. The Vancouver, British...
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Earnings Update: Organigram, Grow Generation, KushCo
Tuesday, January 12, 2021 - 12:53pm | 838Read More...Organigram Plans To Ramp Up Staff Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) posted financial results for the first quarter of fiscal 2021. The company reported a net loss of $34.4 million, or 17 cents per share on a diluted basis, which compares to a net loss of $900,000, or one...
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Earnings Roundup: iAnthus, Can-Fite, Organigram, Bluma Wellness, Auxly
Monday, November 30, 2020 - 12:39pm | 1022Read More...iAnthus 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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Cansortium Expands In Florida As Third Quarter Revenue Spikes 94% YoY
Monday, November 23, 2020 - 1:02pm | 319Read More...Cannabis 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 | 618Read More...Harborside 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 | 465Read More...Medical 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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TerrAscend Earnings Report Boasts 90% YoY Net Sales Increase
Monday, November 2, 2020 - 12:25pm | 328Read More...Net sales at TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF) amounted to CA$51 million in the company's third quarter earnings report for 2020. That’s a sequential increase of 8% and a 90% year-over-year. Moreover, adjusted EBITDA amounted to CA$17.8 million for the same period...
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How Will The Election Impact The Banking Industry?
Thursday, September 24, 2020 - 6:57am | 1098Read More...It’s a precarious time for banks around the world. In the U.S., financial stocks have grossly underperformed the overall market, as the COVID-19 pandemic has created concerns about increased loan loss provisions and near-zero interest rates. Even community banks, which found some...
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Financials Sector Could Be In Focus Today As Treasury Yields Tick Higher
Tuesday, June 2, 2020 - 9:44am | 1798Read More...Key Takeaways Oil prices rise on expectations of economic reopening, extended output cuts Zoom reports after the bell today, Slack later in the week Space X launch seems to help Tesla shares; both companies share a CEO (Tuesday Market Open) It seems that investors and traders are remaining...
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Big Banks: Playing A Rebound Within The Financial Sector
Tuesday, May 19, 2020 - 11:27am | 1186Read More...The financial stocks have been hit hard since the market selloff began in February, as the economic realities of the COVID-19 pandemic began to set in. Although all 11 S&P Select Sector Indices have rebounded from their March lows, the Financial Select Sector Index is down 31.13% in 2020...
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American Express Analyst Recommends Buying The Dip
Monday, March 2, 2020 - 2:31pm | 337Read More...Shares of American Express Company (NYSE: AXP) hit a fresh 52-week low on Friday and the "coronavirus-inspired selling" is overdone and investors should be buyers of the stock, according to Argus. The American Express Analyst Stephen Biggar upgraded American Express from Hold to Buy with...
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Community Banks Are 'Cash Flow Machines' And Other Takeaways From The OTCQX Community Bank Conference
Thursday, October 10, 2019 - 9:45am | 1237Read More...“In reasonable economic times community banks are pretty much cash flow machines,” according to Tim Melvin, author of The Community Bank Investor Newsletter and Banking On Profit. Melvin made that remark at the OTCQX Community Bank Virtual Investor Conference held in late-September,...
