earnings Archives

Debra BorchardtMay 20, 2020

Trulieve Cannabis Corp. (OTCQX: TCNNF) reported that its revenue increased 21% sequentially to $96 million in its first quarter of 2020 ending March 31, 2020, versus $79 million in the fourth quarter. This beat the Yahoo! Finance average estimate for revenue of $90 million for the quarter. Revenue increased 116% over last year’s first-quarter revenue […]

Debra BorchardtMay 19, 2020

Zenabis Global Inc. (OTC:ZBISF) reported rising revenue in Canadian dollars for the first quarter ending March 31, 2020. Zenabis‘s revenue rose 18% sequentially to $12.6 million and easily surpassing last year’s $4.1 million for the same time period. The net losses dropped dramatically to $1.5 million from the fourth quarter’s net loss of $98 million. […]

Debra BorchardtMay 15, 2020

The Supreme Cannabis Company, Inc. (OTCQX: SPRWF) reported only a slight increase in revenue for the third quarter ending March 31, 2020, of $11 million. Last year’s third-quarter revenue was $10.3 million. The net revenue decreased from $10 million in 2019 to $9.1 million for the 2020 third quarter. Supreme said that its net revenue […]

StaffMay 14, 2020

Emerald-Health-Takes-Cannabis-Industry-by-Storm-400x225.jpg

Emerald Health Therapeutics, Inc. (OTCQX: EMHTF) reported financial results for the quarter and year ending December 31, 2019. Net sales were $20.3 million in 2019 versus $1.9M in 2018. The company reported a staggering net loss of $111.9 million in 2019, which it said was impacted by a non-cash impairment charge of $65 million related […]

Debra BorchardtMay 14, 2020

GrowGeneration Corp. (NASDAQ:GRWG) continued to crush it with record first-quarter sales of $33 million, but then reported a net loss of $2.1 million as it paid out shares in new executive agreements. Still, GrowGeneration increased its guidance for upcoming revenue and the stock was rising over 3% in early trading to lately sell at $4.83. The […]

Debra BorchardtMay 14, 2020

Charlotte’s Web Holdings, Inc. (OTCQX:CWBHF) reported slipping first-quarter revenue for the period ending March 31, 2020. Charlotte’s Web delivered revenue of $21.5 million, slightly below last year’s revenue of $21.7 million for the same time period in 2019. However, this beat the Yahoo! Finance average analyst estimate of $20.78 million. The earnings per share were […]

Debra BorchardtMay 13, 2020

Aleafia Health Inc. (OTC: ALEAF) reported its financial results for the first quarter ending March 31, 2020, with revenue increasing 143% sequentially to $14.6 million. Aleafia said that it was due to an $8.9 million increase in cannabis net revenue which was 859% more than the 2019 first quarter. The company also delivered a net […]

Debra BorchardtMay 12, 2020

MariMed Inc. (MRMD:OTCQX) announced preliminary, unaudited, select financial results for the quarter ending March 31, 2020. Revenue increased 112% to $7.5 million versus $3.5 million in the first quarter of 2019. The company did not release a net profit or loss number, but it did say that it had EBITDA of $1.5 million, compared with […]

StaffMay 11, 2020

GW Pharmaceuticals plc (Nasdaq: GWPH) delivered total revenue of $120.6 million for the first quarter ending March 31, 2020, versus last year’s $39.2 million for the same time period. The net loss for the quarter was $8 million versus last year’s net loss of $50.1 million for the same time period. “In the first quarter […]

StaffMay 11, 2020

Tilray, Inc. (Nasdaq: TLRY) delivered it financial results for the first quarter ending March 31, 2020, as revenue increased 126.2% to $52.1 million. The revenue beat analyst estimates by $2.45 million. The losses of $1.73 per share missed estimates by $1.21 The company said that the growth was driven by cannabis sales, which experienced meaningful […]

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Tag: earnings

Trulieve Beats on Revenue, Earnings Estimates For First Quarter

Zenabis Reports Rising Revenue From Bulk Shipments In First Quarter

Supreme Cannabis Takes Big Write-Down As Sales Sputter

Emerald Health Stock Falls On Earnings

GrowGeneration Continues To Crush It In Revenues, Increases Guidance

Charlotte’s Web Beats Revenue Estimates, Misses On Earnings

Aleafia Reports Rising Revenues As It Trims Losses

MariMed Gives Hint Of Increasing Revenues For First Quarter

GW Pharmaceuticals Turns In Solid Quarter, New Studies Delayed

Tilray Revenues Rise As Elevated Losses Get Trimmed

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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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