Adam JacksonAugust 26, 2022
The West Coast consolidator will look to minimize exposure to the "volatile" bulk cannabis market and focus on operating as a consumer packaged-goods business.
Tag: earnings
Adam JacksonAugust 26, 2022Adam JacksonAugust 25, 2022
SLANG Worldwide Inc. (CSE: SLNG) (OTCQB: SLGWF) revenues rose in the second quarter as the company looks toward snapping up new opportunities through a new M&A commission. The cannabis consumer packaged goods company released financial results for the second quarter ending June 30, 2022. Slang’s second quarter revenues totaled $9.87 million, versus $10.50 million in […]
Adam JacksonAugust 23, 2022
Bright Green posted mixed updates as it moves toward commercialization since moving into the Nasdaq Stock Market as a direct listing.
Adam JacksonAugust 22, 2022
The Greenrose Holding Company Inc. (OTC: GNRS, GNRSW) posted increasing losses for the consecutive quarter as its cultivators navigate demand headwinds. The multi-state cannabis SPAC (special purpose acquisition company) reported its second-quarter financials ending June 30, 2022. While Greenrose reported approximately $9.2 million in rising revenue during the period, the company’s second-quarter net losses totaled […]
Adam JacksonAugust 18, 2022
Decibel Cannabis Company Inc. (TSX-V: DB) (OTCQB: DBCCF) posted promising results as it continues to find gains in the Canadian market and overseas. The Alberta-based company delivered its financial report card using Canadian dollars in the period ending June 30, 2022. Decibel reported approximately $18.6 million in net revenue during the period, up 11% since […]
Adam JacksonAugust 18, 2022
Ayr Wellness Inc. (OTCQX: AYRWF) hiked its outlook for the year on Thursday despite posting results that missed expectations — as sales slip and losses rise. The multi-state operator reported financial results for the first quarter ending June 30, 2022 Ayr reported approximately $110.1 million in revenue during the period, up 20.6% versus the same […]
Adam JacksonAugust 17, 2022
Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) rose in early trading Wednesday morning with the company posting positive second-quarter results — reinforcing its position as the largest wholesale cannabis provider as it shores up its M&A moves. The Chicago-based cannabis operator released its financial results for the three months ended June 3o, 2022. Cresco Labs reported […]
Adam JacksonAugust 16, 2022
Halo Collective Inc. (NEO: HALO) (OTCQB: HCANF) posted mostly positive results with revenues ticking up over the quarter — illustrating the west-coast operator’s pursuit to shave losses and pay down debt. The company announced its financial results for the first quarter ending June 30, 2022. Halo reported approximately $6.9 million in revenue during the period, a […]
Adam JacksonAugust 16, 2022
InterCure Ltd. (NASDAQ: INCR) (TSX: INCR.U) posted positive results despite barely missing revenue expectations, as the company looks to further its international reach and shore up it’s new-found partnerships. The Israeli-based cannabis company — also known as Canndoc — reported its financial report card for the second quarter ending June 30, 2022. InterCure reported approximately […]
Adam JacksonAugust 16, 2022
Greenlane Holdings, Inc. (NASDAQ: GNLN) slumped in trading Tuesday morning with company revenue dropping, as it moves to offload its packaging division — KushCo — in order to reinvest in its brand houses and find more profits. The smoking accessory e-commerce platform reported financial results for the first quarter ending June 30, 2022. Greenlane delivered […]
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