earnings Archives

Debra BorchardtNovember 6, 2019

Zynerba Pharmaceuticals, Inc. (NASDAQ: ZYNE) saw its stock lift ever so slightly on news that the company has positive results from its drug trials. Shares were up by two cents in pre-market trading to $7.15. Study Results The company said that the topline results of this six-month Phase 2 evaluation of Zygel in 48 children […]

Debra BorchardtNovember 5, 2019

Cannabis biotech company GW Pharmaceuticals plc (NASDAQ: GWPH) saw its share tumble in aftermarket trading despite delivering solid earnings. The company reported third-quarter net sales of $86 million and $188 million in net sales in the first three quarters of 2019. So far over 15,000 patients have received Epidiolex prescriptions since launch. The stock was […]

StaffOctober 29, 2019

The Yield Growth Corp. (CSE: BOSS) (OTC: BOSQF) released financial and operational results for the third quarter ended August 31, 2019, as revenue increased by 61% to $1.9 million a sequential jump over the second quarter’s $1.2 million. It increased by 355% over last year’s $0.4 million at the same time period. Net losses decreased […]

Debra BorchardtOctober 29, 2019

HEXO Corp. (TSX: HEXO; NYSE: HEXO) stock was dropping over 6% in early trading after the company gave guidance, despite beating earnings estimates during the company release of its financial report. Net revenue in Canadian dollars for the fourth quarter ending July 31, 2019, increased to $15.4 million versus last year’s $13 million for the […]

Debra BorchardtOctober 28, 2019

MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) fourth-quarter revenue of $42 million, up 104% year over year, but the net losses were an eye-popping $82.9 million. The company’s full-year revenue was $130 million, up 227% year over year. The full-year net loss was $277.0 million, with net loss attributable to shareholders of MedMen Enterprises $79.1 […]

StaffOctober 16, 2019

Following the close of the market on Tuesday, cannabis extraction product company Valens GroWorks Corp. (TSXV: VGW) (OTC: VGWCF) reported its financial results for the third quarter of fiscal 2019 with revenue increasing 87.1% to $16.5 million over last year’s $2.2 million for the same time period. Revenues increased 641.4% sequentially over the previous quarter’s […]

Debra BorchardtOctober 15, 2019

Aphria Inc. (TSX: APHA)(NYSE: APHA) stock jumped over 16% to trade at approximately $5.10 in early trading after the company reported that its revenue increased 849% to $126.1 million for the first quarter ending August 31, 2019, however sales declined 2% from the previous quarter. Adult-use cannabis accounted for $20 million in revenue for the […]

Debra BorchardtSeptember 23, 2019

The cannabis industry’s first seed-to-sale enterprise resource planning (ERP) software technology company Akerna Corp. (Nasdaq: KERN) (formerly known as MJ Freeway) reported total revenue of approximately $11 million for the year ending June 30, 2019, which was a 4.2% increase over last year’s $10.5. “Our fiscal 2019 results and recent milestones reflect the continued global […]

Debra BorchardtSeptember 18, 2019

The Supreme Cannabis Company, Inc. (FIRE.TO) (SPRWF) reported net revenue of $19 million for the fourth quarter ending June 30, 2019, a 90% increase sequentially. The net loss for the quarter was $421,000. Supreme Cannabis’ core recreational flower brand, 7ACRES, accounted for the company’s marked increase in revenue, growing 443% year-over-year from $3.5 million in Q4 2018 to $19 […]

StaffAugust 30, 2019

California-based cannabis dispensary company Harborside Inc. (CSE: HBOR) delivered its results for the second quarter ending June 30, 2019, with revenues up 20% to $12.7 million. The results were driven by 6.5% growth in retail revenue and 208% growth in wholesale revenue. Harborside reported a net loss for the second quarter of $15.6 million versus […]

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Tag: earnings

Zynerba Stock Lifts Slightly On Earnings, Positive Study Results

GW Pharmaceuticals Stock Tumbles After Close Despite Solid Earnings

Yield Growth Increases Revenue, Trims Losses

HEXO Stock Slides On Lowered Guidance, Net Loss Increases 440%

MedMen Reports Loses $277 Million For The Year, $82 Million In The Quarter

Valens GroWorks Reports Solid Earnings In Third Quarter

Aphria Stock Pops On Solid First Quarter Earnings

Akerna Reports Increasing Revenue, Increased Monthly Billings

Supreme Cannabis Reports 90% Increase in Revenue

Harborside Revenue Jumps 20%

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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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