earnings Archives

Debra BorchardtAugust 5, 2019

Canadian cannabis company Aphria Inc. (NYSE: APHA) saw its stock jump over 40% in trading on Friday after the company delivered profits that pleased traders and gave a rosy outlook for 2020. The company reported net income of C$15.8 million or $11.9 million versus last year’s loss of C$5 million for the same time period. […]

Debra BorchardtJuly 30, 2019

Pet hemp brand True Leaf Brands Inc. (CSE: MJ) (OTCQX: TRLFF) (FSE: TLA) announced its financial results for the fiscal year ending March 31, 2019, including revenues of $2.3 million all reported in Canadian dollars. This was a 65% increase over the previous fiscal year and a 54% increase of fourth-quarter sales year over year, […]

Debra BorchardtJuly 30, 2019

SOL Global Investments Corp. (CSE: SOL) (OTCPK: SOLCF) released its financial results for the year ending March 31, 2019 with net income of $94.9 million or $2.30 per diluted share. Most of the income was based on a September 2018 sale of its LATAM investment to Aphria. The fair market value of the transaction was $297 […]

William SumnerJuly 19, 2019

Expenses are up, and revenue is down as Namaste Technologies Inc. (TSXV: N) (OTCMKTS: NXTTF) tries to put the troubles of the past few months behind it. Yesterday the company released its financial statements for the three and six month periods ending on May 31, 2019. Revenue for the quarter was $3.99 million, compared to […]

Debra BorchardtJuly 15, 2019

The parent company of Organigram Inc., Organigram Holdings Inc. (NASDAQ: OGI) (TSX VENTURE: OGI) reported its revenue of $24.8 million for the third quarter ending May 31, 2019, fell sequentially from the second quarter net revenue of $26.9 million. However, it was a 621% increase over last year’s net revenue of $3.4 million. The company […]

Debra BorchardtJuly 10, 2019

KushCo Holdings, Inc. (OTCQX: KSHB) announced its financial results for the third quarter ending on May 31, 2019, after the market closed on Tuesday. Net revenue was $41.5 million, representing a quarter-over-quarter increase of 17.9%.On a GAAP basis, gross profit was 17.8%. On a GAAP basis, the net loss was $10.6 million, up from $9.2 […]

Debra BorchardtJuly 2, 2019

Vertically integrated consumer cannabis company 1933 Industries Inc. (CSE: TGIF) (OTCQX: TGIFF) delivered its third quarter results for the three months ended April 30, 2019, in Canadian dollars. Revenues of $4.6 million increased 40% over last year’s $3.7 million for the same time period. The rise was a 28% increase sequentially. The net loss rose […]

Debra BorchardtJune 21, 2019

Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) announced its financial results in Canadian dollars for the fourth quarter and fiscal year ended March 31, 2019, with annual net revenue growth rising 191% to $226.3 million. Net revenue rose 313% to $94.1 million. The net loss for the quarter as $323.4 million and earnings per share […]

Debra BorchardtJune 13, 2019

HEXO Corp (TSX:HEXO) ( NYSE-A:HEXO) reported its financial results for the third quarter of the 2019 fiscal year with $15.9 million in gross revenues and a net loss of $7.7 million. The company claims it is on track to reach $400 million in net revenue in 2020 and says it will double net revenue in the […]

Debra BorchardtMay 30, 2019

MJardin Group, Inc. (CSE: MJAR) (OTCQX: MJARF) reported its financial results for the quarter ending March 31, 2019, in Canadian dollars. The company delivered revenues of $10.9 million versus last year’s $6.7 million for the same time period. MJardin said it continued to see improvements in the sales of Cannabis from its WILL facility, recording […]

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Tag: earnings

Aphria Stock Skyrockets After Earnings Announcement, Lifting Cannabis Sector

True Leaf Brands Reports $2.3 Million In Revenue, $5.5 Million in Losses

SOL Global Reports Net Income of $94 Million

Namaste Releases Financial Results After a Scandal-Ridden Quarter

Organigram Sales Drop By $2 Million.

KushCo Targets The Big Customers For Future Growth

1933 Delivers Rising Revenues, Blames Spire For Losses

Canopy Growth Sales Decline In Fourth Quarter, Misses Estimates

HEXO Sales Fall In Third Quarter For Both Adult Use, Medical Cannabis

MJardin Revenue Increases 60% to $10.9 Million As Company Tries To Steady Itself

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

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