earnings Archives

StaffNovember 14, 2019

Canadian-based venture capital firm Canopy Rivers Inc. (TSX: RIV)(OTC: CNPOF) reported that it generated operating income of $930 thousand in Canadian dollars versus last year’s $23 million for the same time period. The company also delivered a net loss of $4.4 million versus last year’s net income of $10.9 million. The stock dropped over 6% to […]

Debra BorchardtNovember 14, 2019

Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) fell over 9% on news that the company’s second-quarter earnings missed analysts’ estimates. The Canadian-based cannabis company reported (in Canadian dollars) gross revenue of $118 million, a 6% increase sequentially and a 408% increase over last year’s $23 million for the same time period ending in September. The […]

Debra BorchardtNovember 13, 2019

Acreage Holdings, Inc. (CSE: ACRG.U) (OTCQX: ACRGF) reported third-quarter revenue of $22.4 million, a 307% increase over last year’s $5.5 million for the same period in 2018. The company also reported a net loss of $39.9 million versus last year’s net loss of $4.5 million and the EBITDA loss was $44 million. CEO Kevin Murphy […]

Debra BorchardtNovember 13, 2019

Charlotte’s Web Holdings, Inc. (TSX: CWEB)(OTCQX: CWBHF) reported that its revenue rose 41.8% to $25.1 million in the third quarter that ended September 30, 2019, versus $17.7 million for the same period in 2018. Still, the company delivered a net loss of $1.3 million versus last year’s net income of $1.8 million. Rising Expenses The […]

Debra BorchardtNovember 12, 2019

Canadian-based Tilray, Inc. (Nasdaq: TLRY) reported that second-quarter revenue increased 371.1% to $45.9 (C$60.9) million versus last year’s $9.7 million. Tilray said that the increase in revenue was driven by the Manitoba Harvest acquisition, the legalization of the Canadian adult-use market, and growth in international medical markets, particularly in Europe. Excluding excise tax, revenue was […]

Debra BorchardtNovember 12, 2019

Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) reported that its third-quarter net revenue increased 238% in Canadian dollars to $12.7 million versus last year’s $3.8 million for the same time period. Cronos attributed the gain to the launch of the adult-use market in Canada and the inclusion of Redwood from the date of closing on […]

StaffNovember 11, 2019

Neptune Wellness Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT) stock fell over 6% to $3.32 after the company reported a decrease in sales. Neptune reported total revenues for the second quarter ending September 30, 2019, amounted to $6.5 million, representing an increase of 49% over the first quarter but a decrease of 8% versus […]

Debra BorchardtNovember 11, 2019

Hydroponic and organic garden center chain GrowGeneration Corp. (OTCQX: GRWG) reported that its net revenue increased 159% to $21.8 million for the third quarter ending September 30, 2019, versus last year’s $8.4 million for the same time period. GrowGeneration also delivered a net income of $1,049,699 for Q3 2019 compared to a net loss of $(784,573) for […]

Debra BorchardtNovember 8, 2019

KushCo Holdings, Inc. (OTCQX:KSHB) reported that its net revenue increased 135% year-over-year to $47.0 million for its fiscal fourth-quarter ending August 31, 2019. On a GAAP basis, the net loss was approximately $11.5 million versus last year’s $3.2 million for the same time period. Basic and diluted loss per share was $0.13 compared to $0.04 […]

Kaitlin DomangueNovember 7, 2019

California-based cannabis REIT Innovative Industrial Properties (IIP) (NYSE:IIPR) shares shot up over 10% in trading on Thursday after reporting solid results for their 2019 third-quarter after the market closed on Wednesday. The stock was lately trading at $80.02, well above its 52-week low of $42.10. In Q3 of 2019, IIP’s earnings per share were $0.55, […]

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Tag: earnings

Canopy Rivers Stock Falls As Income Drops

Canopy Growth Stock Falls On Earnings Miss, Restructuring Charges

Acreage Holdings Reports Revenue of $22 Million, Net Losses of $39 Million

Charlotte’s Web Lowers Guidance As Expenses Skyrocket

Tilray Reports Rising Sales, Rising Losses

Cronos Group Reports Revenue Rising 238%, $1.4 Billion War Chest

Earnings Recap: Neptune Wellness, Medicine Man Technologies

GrowGeneration Sales Increase 159%, Raises Guidance

KushCo Says Vape Crisis Causing Pullback In Sales

Innovative Industrial Properties Stock Jumps Over 10% On Earnings

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

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