earnings Archives

Debra BorchardtAugust 24, 2020

Canadian-based Inner Spirit Holdings Ltd. (CSE: ISH) (OTC:INSHF)known for its national network of Spiritleaf retail cannabis stores reported system-wide retail sales of $20.5 million in the second quarter of 2020, an increase of 343% compared with $4.6 million in the second quarter of 2019. This was a 19% increase sequentially from the first quarter’s $17.1 million. Total […]

Debra BorchardtAugust 24, 2020

Hollister Biosciences Inc. (CSE: HOLL), (OTC: HSTRF) reported that its revenue for the second quarter ending June 30th, 2020 was $8.47 million versus $0.2 million for the same time period last year. the company attributed the revenue growth to the sale of concentrates, pre-rolls, and contract manufacturing services. The company also delivered net income for […]

Debra BorchardtAugust 21, 2020

Cresco Labs Inc. (OTCQX: CRLBF) stock dipped following the company’s solid results for the second quarter ending June 30, 2020. Despite beating analysts’ estimates on revenue and market share gains, traders focused on the company’s earnings miss and the stock slid by over 4% to trade at $6.82. The average price target is $8.59 and […]

Lydia KibetAugust 20, 2020

TerrAscend Corp. (OTCQX: TRSSF) reported that its total revenue increased 36% sequentially and 169% year over year to $47.2 million for its second quarter ending June 30, 2020. The net loss for TerrAscend in the quarter was $13.6 million, which was down from last year’s net loss of $19.1 million for the same time period. […]

Debra BorchardtAugust 14, 2020

Sundial Growers Inc. (NASDAQ: SNDL) reported that its revenues were rising and then quickly followed up with an offering. the stock fell from $0.70 to $0.51 on the news for a drop of over 25%. First, the Canadian-based Sundial said its net cannabis revenue increased 44% sequentially in the second quarter of 2020 to $20.2 […]

Debra BorchardtAugust 14, 2020

iAnthus Capital Holdings, Inc. (OTCQX: ITHUF) reported a staggering net loss of $237.3 million, which included a $199.4 million impairment loss. While the revenue rose 12% sequentially to $30.4 million, the net losses and defaulting on debt payments have overshadowed any good news. The net loss per share was $1.38 versus last year’s net loss […]

StaffAugust 13, 2020

C21 Investments Inc. (OTCQB: CXXIF) announced unaudited results for its first quarter ending April 30, 2020, with revenue of $8.15 million, an increase of 5% over the same time period for last year. The revenue jumped 86% over the fourth quarter. The income from operation was $542,000 for the first quarter, which fell dramatically from […]

Debra BorchardtAugust 13, 2020

GrowGeneration Corp. (NASDAQ: GRWG) reported revenues of $43.5 million for the second quarter of 2020 and is raising its guidance for 2020 revenue. GrowGeneration‘s new forecasted range for revenue is $170 million–$175 million and the adjusted EBITDA is estimated to be $17.0 million–$18.0million. Revenue guidance for 2021 is $245M–$260M. Adjusted EBITDA guidance for 2021 is $26M–$28M. The stock […]

Debra BorchardtAugust 12, 2020

cbdMD, Inc. (NYSE: YCBD) reported net sales of $10.6 million in its third fiscal 2020 quarter ending June 30, 2020, which beat the Yahoo Finance analyst’s estimates for revenue of $9.57 million. This was a 13% sequential increase over the second quarter and a 33% increase over the same time period for last year. The […]

Debra BorchardtAugust 12, 2020

Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) reported revenue of $120.8 million, a 26% sequential increase for the second quarter ending June 30, 2020. It was an increase of 109% over last year’s second quarter and beat the average analyst’s estimates of $106 million according to Yahoo Finance. Trulieve also reported a net income of $6.6 […]

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Tag: earnings

Inner Spirit Reports 575% Increase In Revenue

Hollister Revenue Grows From Arizona Market

Cresco Labs Stock Dips Despite Solid Second Quarter Results

TerrAscend Revenue Rises As Losses Get Trimmed

Sundial’s Losses Higher Than Revenues, Explores Strategic Options, Stock Plunges

iAnthus Reports Staggering Net Loss of $237 Million

C21 Revenue Increases Despite COVID Challenges

Grow Generation Stock Pops as Company Beats Analyst Estimates

cbdMD Beats Revenue Estimates, But Misses Earnings Estimates

Trulieve’s Revenue Keeps Climbing As Company Increases Guidance

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

Functional Mushrooms Move Into Mainstream as Wellness Trend Grows

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