earnings Archives

StaffSeptember 29, 2020

Sproutly (OTCQB: SRUTF) reported its first-quarter results and also noted in its filings that it was a going concern due to an accumulated deficit of C$78 million and a working capital deficit of C$7.1 million. The company reported (in Canadian dollars) a net loss of $1.9 million for the quarter ending May 31 and revenue of […]

Debra BorchardtSeptember 25, 2020

The Supreme Cannabis Company, Inc. (OTCQX: SPRWF) released its financial and operating results for the fourth quarter and year ending June 30, 2020, as total revenues fell for the quarter, but were up for the year. “Fiscal 2020 was an important transitional year for Supreme Cannabis where we streamlined our operations, reorganized our team, and […]

Debra BorchardtSeptember 23, 2020

Aurora Cannabis Inc. (NYSE: ACB) delivered its official results for the fourth quarter of fiscal 2020 following up from a recent preannouncement of unaudited numbers. The company reviewed the drop in quarterly revenue, but investors were more disappointed that the company suggested revenues could continue to decline. The stock was falling by over 16% in […]

StaffSeptember 16, 2020

High Tide Inc. (OTCQB: HITIF) reported revenue for its third quarter of fiscal 2020 of $23.20 million an increase of 180% from $8.29 million for the same quarter last year. High Tide also delivered income from operations of $2.11 million versus a loss from operations of $4.04 million for the same period of 2019. The adjusted EBITDA […]

Debra BorchardtSeptember 15, 2020

Fire & Flower Holdings Corp. (OTCQX: FFLWF) stock jumped over 6% on news of the company’s rising revenue in the second quarter. The company delivered revenue of $28.6 million including sales of $23.4 million in the retail channel, $4.3 million in the distribution channel, and sales of $0.9 million in the digital retail and analytics channel. Still, […]

Debra BorchardtSeptember 14, 2020

Charlotte’s Web Holdings, Inc. (OTCQX: CWBHF) reported that revenue fell from revenue $25 million in the 2019 second quarter to $21.6 million for the second quarter ending June 30, 2020. The company missed the average estimate for revenues, which was $25.9 million according to Yahoo Finance. The company also missed the earnings estimate of -$0.04 […]

Debra BorchardtAugust 31, 2020

CLS Holdings USA, Inc. (OTCQB:CLSH)(CSE:CLSH) reported that its fiscal year-end 2020 total revenues were $11,917,629 an increase over fiscal year 2019’s total revenue of $8,459,048. The company also reported a net loss $30 million versus last year’s net loss of $27 million. The loss was attributed to a large non-cash impairment charge on goodwill as […]

Debra BorchardtAugust 28, 2020

Auxly Cannabis Group Inc. (OTCQX: CBWTF) reported total net revenues of $8.6 million for the second quarter ending June 30, 2020. This was a 200% increase over the same period last year and attributed to $6.8 million of cannabis net revenues and research revenues from KGK of $1.8 million. The net loss at Auxly grew […]

StaffAugust 27, 2020

SLANG Worldwide Inc. (OTC: SLGWF) reported that in Canadian dollars that its revenue decreased by 3% sequentially to $4.6 million in the second quarter from $4.6 million in the first quarter 2020. The drop was attributed to stores that were impacted by COVID lockdowns. Slang said in a statement, “The stay-at-home orders associated with the […]

Debra BorchardtAugust 26, 2020

Vireo Health International, Inc. (OTCQX: VREOF) reported that it generated revenue including contributions from discontinued operations, of $12.2 million. This was an increase of 70% over $7.2 million in the second quarter of 2019. Vireo reported revenue, excluding discontinued operations, increased 59% to $10.8 million, over $6.7 million in the 2019 second-quarter. The second-quarter net loss […]

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Tag: earnings

Sproutly Warns Of Debt Problems In Earnings Release

Supreme Cannabis Revenue Falls As A Result Of COVID

Aurora Cannabis Stock Drops As More Revenue Declines Are Expected

High Tide Turns A Profit As Revenues Jump 180%

Fire & Flower Stock Pops On Revenue Increase

Charlotte’s Web Revenue Falls As Pandemic Hurts Retailers

CLS Holdings Reports Increasing Revenues, But Charge Results In Big Net Loss

Auxly Delivers Rising Revenues, Along With Rise In Losses

COVID Hurts Slang Revenue, But Sales Look To Be Recovering

Vireo Health Revenues Rise, But So Do Losses

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Lykos Therapeutics Secures $100M in Series A Funding, Rebrands from MAPS PBC

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