earnings Archives

Debra BorchardtMay 11, 2020

Zynerba Pharmaceuticals, Inc. (ZYNE) reported its earnings for the first quarter ending March 31, 2020, with no revenue and a net loss of $12.3 million and a net loss per share of $(0.53). Despite COVID-19 disruptions, the company said that it expects timelines for delivery of top-line results from all of its ongoing trials will […]

StaffMay 8, 2020

Arena Pharmaceuticals Arena Pharmaceuticals, Inc. (Nasdaq: ARNA) today provided a corporate update and reported financial results for the first quarter ended March 31, 2020. Revenues for the first quarter totaled $0.3 million compared to $801.1 million in the first quarter of 2019. This decrease was driven by the $800.0 million upfront payment from the United […]

Debra BorchardtMay 8, 2020

Cronos Group Inc. (NASDAQ: CRON) announced that its 2020 first-quarter net revenue rose to $8.4 million versus last’s year’s $5.4 million for the same time period. Cronos stock was lifted in early trading as the company beat revenue estimates by $0.25, but despite revenue rising 181% year-over-year, it missed estimates by $0.89 million. Cronos said […]

Debra BorchardtMay 7, 2020

Multi-state operator Jushi Holdings Inc. (OTC:JUSHF) delivered its fourth-quarter and full-year earnings for the time period ending December 31, 2019, and pre-announced its first-quarter 2020 revenues. Overall, Jushi reported an increase in revenues, but also an increase in net losses as the expansion plans have been delayed as a result of the pandemic. The company’s […]

Debra BorchardtApril 30, 2020

Fire & Flower Holdings Corp. (NASDAQ:FFLWF) reported its fourth-quarter and 2019 financial results. The full-year revenue increased 294% to $51 million versus 2018’s full-year revenue of $12 million. The net loss for the year fell by 14% to $32 million from 2018’s net loss of $37 million. The fourth quarter’s revenue increased by 61% to […]

Debra BorchardtApril 24, 2020

TerrAscend Corp. (OTCQX: TRSSF) reported fourth-quarter and full-year results for 2019 ending in December. Sales in the U.S. moved higher, while Canadian sales continued to struggle. The stock popped over 5% in early trading to lately sell at $1.92. Executive Chairman and CEO of TerrAscend Jason Ackerman said, “We made substantial progress in 2019 developing […]

Debra BorchardtApril 15, 2020

Planet 13 Holdings Inc. (OTCQB: PLNHF) financial results for the fourth quarter and year-end December 31, 2019. Revenues increased 99.8% in the quarter to $16.5 million versus last year’s $8.3 million for the same time period. While the company characterizes the fourth quarter as a slow one, it benefits from the MJBiz cannabis conference which […]

Debra BorchardtApril 15, 2020

It was late in the evening when Aphria Inc. (NYSE: AHPA) decided to drop its earnings for the fiscal third quarter ending February 2020. Normally, companies will report in the off hours when the numbers are especially dismal, but that wasn’t necessarily the case for Aphria. The company reported net cannabis revenue of $55.6 million […]

Debra BorchardtApril 14, 2020

Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) reported that its second-quarter 2020 net revenues were $23.2 million a drop from the $26.9 million delivered in 2019 for the same time period. The company attributed the decline to lower recreational flower and oil sales volumes compared to the second quarter in 2019 when there were large […]

Debra BorchardtApril 8, 2020

Florida-based Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) delivered its financial results for the three and 12 months ending December 31, 2019. Revenue rose 13% and 146% respectively for those time periods and the company reaffirmed its guidance. Trulieve is one of the few cannabis companies that is reporting net income versus its competitors who […]

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Tag: earnings

Zynerba Gears Up For Big Second Quarter

Earnings Roundup: Arena Pharmaceuticals, CV Sciences, 22nd Century

Cronos Gets A Lift From Increasing Revenues

Jushi Reports Rising Revenues, Expansion Delays Due To COVID

Fire & Flower Revenue Grows, Net Losses Remain Elevated

TerrAscend Stock Pops As U.S. Sales Dwarf Canadian Sales

Planet 13 Pivots To Local Residents During Pandemic

Aphria Delivers Solid Quarter, But Pulls Guidance

Organigram Reports Falling Revenue, Debt Convenant Issues

Trulieve Delivers A 2019 Net Income Of $178 Million

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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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