earnings Archives

StaffNovember 27, 2019

Flower One Flower One Holdings Inc. (CSE: FONE) (OTCQX: FLOOF) reported that its third-quarter revenue was $2.5 million, with sequential quarterly growth of 292% and representing seven weeks of sales from the greenhouse. The company also reported that net income totaled $15.7 million, which was mainly driven by the gain on the growth of biological […]

Debra BorchardtNovember 26, 2019

MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) reported first fiscal quarter revenue of $44 million, up 105% year-over-year and 5% sequentially. The company also reported an eye-popping net loss of $82 million. MedMen delivered an Adjusted EBITDA loss of $22.2 million for the quarter. Approximately $7.4 million of rent expense was not included in Adjusted […]

Debra BorchardtNovember 26, 2019

Green Growth Brands Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) reported its results for fiscal first-quarter 2020 ending September 28, 2019. Revenues for the period totaled $12.7 million, a 77% increase over the previous quarter. However, the company delivered a whopping net loss of $30 million versus last year’s net loss of $2.8 million […]

Debra BorchardtNovember 26, 2019

SLANG Worldwide Inc. (CNSX: SLNG) reported its 2019 third-quarter revenue in Canadian dollars of $9.3 million which rose 29% over the $7.2 million of revenue produced in the second quarter of 2019. It easily overshadowed last year’s net revenue of $1.6 million for the same time period. The company said that the increase reflected ongoing […]

Debra BorchardtNovember 25, 2019

Organigram Holdings Inc. (OGI) (OGI) reported that its gross revenue grew to $19.2 million for the fourth quarter ending August 31, 2019, versus $3.1 million for the fourth quarter in 2018. The net loss for the 2019 fourth quarter was $22 million versus last year’s net income of $18 million for the same time period. […]

Debra BorchardtNovember 22, 2019

California-based dispensary company Harborside Inc. (CSE: HBOR) reported that its third-quarter revenue increased 22.4% year-over-year to $14.1 million for the quarter ending September 30, 2019. The company said that the increase in revenue was attributed to a 13.5% growth in retail revenue and 57.1% growth in wholesale revenue. Net losses for the third quarter were trimmed to $1.2 […]

Debra BorchardtNovember 20, 2019

TerrAscend Corp. (CSE: TER)(OTCQX: TRSSF) reported that its third-quarter for 2019 increased 53% sequentially to $26.8 million from $17.6 million in the second quarter. It was a large increase over the $1.8 million delivered in the third quarter of 2018. All figures are reported in Canadian dollars. The company attributed the increase to higher overall […]

StaffNovember 15, 2019

The Supreme Cannabis Co. The Supreme Cannabis Company, Inc. (TSX: FIRE) (OTCQX: SPRWF) reported a year-over-year increase in net revenue, growing 122% from $5.1 million in Q1 2019 to $11.4 million in Q1 2020. The net revenue achieved during Q1 2020 was comprised of $10.5 million from 7ACRES and $0.9 million from Blissco. Sequentially, net revenue […]

Debra BorchardtNovember 15, 2019

The Green Organic Dutchman (OTCQX: TGODF)saw its shares plunge by over 9% to lately trade at 63 cents after the company reported its third-quarter earnings following the market close on Thursday. The company delivered revenue of C$2.53 million, which missed estimates by C$1.77M. TGOD also delivered a net loss of $20.1 million for the quarter, […]

Debra BorchardtNovember 15, 2019

Aurora Cannabis Inc. (NYSE: ACB) stock was selling off by over 8% in pre-market trading after the Canadian cannabis company reported its earnings following the market close on Thursday. Aurora delivered total revenue for its first fiscal quarter in Canadian dollars of $75.6 million which missed analyst estimates by $17 million. The first quarter GAAP […]

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Tag: earnings

Earnings Recap: Flower One, Cannara Biotech

MedMen Reports Net Loss of $82 Million

Green Growth Brands Extreme Earnings Expenses, Harvest One Cuts Back

Slang Worldwide Delivers Solid Quarter In Shaky Vape Environment

Organigram Sales Drop Sequentially In Fourth Quarter

Harborside Delivers Rise In Revenue, But Trims Outlook Due To Disrupted Harvests

TerrAscend Delivers Rising Revenue, Rising Expenses

Earnings Recap: Supreme, Village Farms and Jushi Holdings

The Green Organic Dutchman Disappoints With Lower Than Expected Revenue

Aurora Cannabis Shareholders Not Happy With Earnings

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

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