earnings Archives

Debra BorchardtApril 1, 2020

MariMed Inc. (MRMD:OTCQX) quarterly revenues for the quarter ending December 31, 2019, increased 50.9% to $5.19 million versus $3.44 million for the same period of 2018. The company attributed the increase to the roll-up up of MariMed’s licensed client businesses in Illinois in the fourth quarter of 2019. Fourth-quarter 2019 revenues were also bolstered from […]

Debra BorchardtMarch 31, 2020

Under the cover of darkness Zenabis Global Inc. (TSX:ZENA) delivered its earnings in Canadian dollars. It was 1 am when Zenabis issued its press release reported that its 2019 net revenue was $66.5 million, while its net loss for the year was $127 million or $0.53 per share. The net revenue did increase 850% over 2018’s […]

Debra BorchardtMarch 30, 2020

Good luck making sense of Cronos Group Inc. (CRON.TO) (CRON.TO) 2019 fourth quarter and full-year business results. The company said it will restate its unaudited interim financial statements for the first, second and third quarters of 2019. The icing on the earnings cake was that it will also reduce revenue for the three months ending March […]

Debra BorchardtMarch 30, 2020

HEXO Corp. (NYSE: HEXO) reported a staggering net loss of C$289 million for fiscal 2020 second-quarter ending January 31, 2020. The net revenue for Hexo increased 17% to $17 million from $14.5 million in the first quarter. The earnings are reported in Canadian dollars. The loss from operations for the quarter was $289.4 million, compared […]

Debra BorchardtMarch 27, 2020

Cannabis real estate firm Zoned Properties, Inc. (OTCQB: ZDPY) announced its financial results for the year ending December 31, 2019, following the market close on Thursday. Revenues for Zoned Properties were $1.26 million for the year versus $1.24 million for 2018. The company reported that operating expenses were $1.26 million for 2019 versus $3.20 million […]

Debra BorchardtMarch 18, 2020

Aleafia Health Inc. (TSX: ALEF)(OTC: ALEAF) delivered its financial results for the 2019 fourth quarter and fiscal year with a 22% sequential increase in quarterly net cannabis revenue to $6 million. Aleafia said the increase was primarily due to a $1.0 million jump in cannabis revenue. For the fiscal year, net revenue was $16.4 million, […]

Debra BorchardtMarch 16, 2020

Hemp CBD company CV Sciences, Inc. (OTCQB:CVSI) announced its financial results for the year ended December 31, 2019, with total revenue of $53.7 million for the fiscal year 2019. During the fourth quarter of 2019, sales declined 34% to $9.4 million compared to $14.2 million in the prior-year period. The company blamed the decline on […]

StaffMarch 10, 2020

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (US: TGODF) reported its financial results for the fourth quarter and fiscal year ending December 31, 2019. TGOD’s quarterly revenue was $3.25 million and $11.16 million for the year. This revenue consisted of hemp-derived product sales in Europe of $2.56 million for the quarter and $9.88 million for the […]

Debra BorchardtMarch 10, 2020

Cannabis pharmaceutical company Zynerba Pharmaceuticals, Inc. (ZYNE) stock was moving higher in premarket trading after the company reported financial results for the fourth quarter and full-year ending December 31, 2019. The company had no revenue for 2019 as it is currently developing drugs. The net loss for the fourth quarter of 2019 was $10.7 million […]

Debra BorchardtMarch 2, 2020

Tilray, Inc. (Nasdaq:TLRY) stock got slammed in aftermarket trading after the company delivered its financial results for the fourth quarter and full fiscal year ending December 31, 2019. The stock was falling over 11% and was lately trading at $13.54 following a positive day of buying. The company’s fourth-quarter non-GAAP EPS of -$0.62 missed by […]

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Tag: earnings

Despite GenCanna Bankruptcy, MariMed Earnings Show Promise

Zenabis Reports Losses Of $127 Million On Revenue Of $66 Million

Cronos Group Gets Do Over With Earnings

Hexo Reports Staggering Quarterly Loss Of C$289 Million

Zoned Properties Reports Increase In Revenue For 2019, Expenses Fall

Aleafia Health Posts Gain In Revenue, But Jump In Losses As Well

CV Sciences Sales Decline 34% In Fourth Quarter

The Green Organic Dutchman Takes $127 Million Charge In Fourth Quarter

Zynerba Pharmaceuticals Stock Up On Earnings

Tilray Stock Slips As Company Misses Earnings Estimates

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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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