Tag: earnings

Adam JacksonAugust 16, 2022
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Business

The Parent Company Revenues Fall As Losses Persist

5min00
After the market closed on Monday, TPCO Holding Corp. (OTCQX: GRAMF) posted results that missed expectations as the company restructures and recovers from record losses. The west-coast cannabis company delivered its financial results for the second quarter ending June 30, 2022. The Parent Co. reported approximately $27.4 million in revenue during the period, a 27% loss […]
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Adam JacksonAugust 15, 2022
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Business

Planet 13 Misses on Revenue Despite Quarter Uptick

3min00
Planet 13 Holdings (OTC: PLNHF) posted results that missed expectations — showing how waning demand and slimming margins are affecting even the largest operators. The Nevada-based cannabis superstore delivered its financial results for the second quarter ending June 30, 2021. Planet 13 reported approximately $28.4 million in revenue during the period, a 15.5% loss versus […]
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Adam JacksonAugust 15, 2022
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Business

Rubicon Organics Sales Rise As Premium Brands Grows

4min00
Rubicon Organics Inc. (OTCQX: ROMJF) delivered mostly positive results on Monday as the company begins to post profits — buoyed by its premium flower and pre-roll line. The Vancouver cultivator released its financial results for the second quarter ending June 30, 2022. Rubicon reported approximately $8.8 million in net revenue during the period, a 92% gain […]
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Adam JacksonAugust 15, 2022
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Business

Sundial Sees Record Revenue As Expansion Bid Pay Off

9min00
SNDL Inc. (NASDAQ: SNDL)  posted positive results as the company reaps record revenue from this year’s M&A bets. The Canadian vice operator — formerly known as Sundial Growers Inc. — delivered its second-quarter results ending June 30, 2022. SNDL reported approximately $223.7 million in total revenue during the period, a 2,344% gain versus the same period […]
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Adam JacksonAugust 15, 2022
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Business

Agrify Reports Losses, Lowers Guidance

5min00
Agrify Corporation (Nasdaq: AGFY) up-ticked in early trading Monday despite the company posting results far below analysts’ expectations — showing the waning demand for hydroponics amid the economic slowdown. The data-forward cannabis cultivator delivered its financial results for the first quarter ending June 30, 2022. Agrify delivered approximately $19.3 million in total revenue during the period, […]
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Adam JacksonAugust 12, 2022
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Business

Schwazze Ekes Out On Revenue Despite ‘Challenging’ Colorado Market

7min00
Schwazze (OTCQX: SHWZ) posted positive results on Thursday as the company expands in its quest to become a commanding regional MSO. The Colorado-based seed-to-sale operator — formerly known as Medicine Man Technologies — delivered its second-quarter financial report card ending June 30, 2022. Schwazze delivered approximately $44.3 million in total revenue during the period, a […]
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Adam JacksonAugust 12, 2022
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Business

Nova Cannabis Beats On Revenue, Bets On Value

4min00
Nova Cannabis Inc. (TSX: NOVC) posted positive results after the market close on Thursday as the company pivots toward more competitive pricing under a new discount banner. The Canadian cannabis company released its financial report card in the period ending June 30, 2021. Nova delivered approximately $56.3 million in total revenue during the period, a […]
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Adam JacksonAugust 11, 2022
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Business

Clever Leaves Misses On Revenue, Set Sights On Markets Abroad

7min00
Clever Leaves Holdings Inc. (NASDAQ: CLVR) slid in trading on Thursday as the missed revenue expectations — showing how softening sales and dried financing punches holes in the cannabis sector and pushes them toward opportunities abroad. The multi-state cannabis operator reported its financial results for the first quarter ending June 30, 2022. Clever Leaves delivered […]
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The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis

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