earnings Archives

Debra BorchardtMay 29, 2019

Acreage Holdings, Inc. (ACRG-U.CN) (ACRGF) reported financial results for the quarter ending March 31st, 2019 with revenue rising 487% to $12.9 million, but the company also delivered a whopping net loss of $31.2 million. Looking at pro forma results, the revenue would have been $33.1 million and the adjusted net loss would have been $15.5 […]

StaffMay 28, 2019

Charlotte’s Web Holdings, Inc. (CSE:CWEB) (OTCQX:CWBHF) reported financial results for the first quarter ended March 31, 2019 with revenue growing 66% to $21.7 million. The net income dropped to $2.3 million from last year’s $3.1 million. The company delivered earnings per share that fell to $0.03 and diluted EPS of $0.02 versus last year’s $0.04. […]

Debra BorchardtMay 17, 2019

Origin House, formerly known as CannaRoyalty (CSE: OH) (OTCQX: ORHOF) announced preliminary unaudited revenue of approximately C$11 million for the first quarter ending March 31, 2019. No profit or loss numbers were revealed. The company also noted that April was off to a good start with approximately C$6.5 million in unaudited revenue. The wholly-owned distribution […]

William SumnerMay 15, 2019

After the markets closed yesterday, The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCMKTS: TGODF) reported their first quarter financial results for the period ending on March 31, 2019. Quarter-over-quarter revenue rose by 28% to $2.4 million. Much of that revenue was generated from the recently acquired HemPoland. The company experienced a net loss of […]

Debra BorchardtMay 14, 2019

Tilray, Inc. (Nasdaq: TLRY) reported that its net loss for the quarter was $30.3 million or $0.32 per share compared to a loss of $5.2 million or $0.07 per share for the prior year period. Even though the revenue increased by 195.1% to $23.0 (C$31.0) million, versus last year’s $7.8 million – it was less […]

StaffMay 14, 2019

Columbia Care Inc. (NEO: CCHW) reported revenue of $12.9 million for the first-quarter of 2019, an increase of 45% over last year’s $8.8 million. The net loss of $25.1 million increased over last year’s loss of $9.7 million for the same time period. The company attributed the increase to its investment in its growth initiatives. […]

StaffMay 14, 2019

Surna Surna Inc. (OTCQB: SRNA) reported revenue of $1,771,000 for the first quarter versus $2,055,000 for Q1 2018, a decrease of $284,000, or 14%. The company also noted that its fourth-quarter 2018 revenue was $2,195,000, representing a quarter-over-quarter decrease of $424,000, or 19%. In addition to the drop in revenue, Surna delivered a first-quarter net […]

StaffMay 14, 2019

CannTrust CannTrust Holdings Inc. (TSX:TRST) (NYSE:CTST) reported that its quarterly revenue rose 115% to $16.9 million versus last year’s $7.8 million for the same time period. 67% of the revenue came through the medical channel and 33% through the recreational channel for the quarter ending March 31, 2019. The net income for the quarter was […]

StaffMay 13, 2019

MariMed Inc. (OTCQB: MRMD) reported that in the first quarter ending March 31, 2019, revenues grew 69% to $3.5 million versus last year’s $2.1 million for the same time period. The company trimmed its net losses for the quarter to $23,211, a 99% improvement over the $1.9 million loss for the first quarter of 2018. […]

Debra BorchardtMay 9, 2019

Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) reported financial results in Canadian dollars for the first quarter ending March 31, 2019, with net revenue rising 129% to $6.5 million from $2.9 million for the same time period in 2018. The rise in revenue was due to the addition of adult use sales in Canada. Net […]

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Tag: earnings

Acreage Holdings Reports Rising Revenue, High Losses

Charlotte’s Web Reports 66% Increase In Q1 Revenue, Net Income Falls

Origin House Announces Unaudited Revenues of $11 Million

Losses Decline in The Green Organic Dutchman’s Q1 Results

Tilray’s Net Losses Top Revenue In First Quarter

Columbia Care Reports Increasing Revenue, But Also A Larger Loss

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Cannabis Earnings Roundup: CannTrust, Supreme Cannabis, Halo Labs

MariMed Trims Losses, Grows Revenue In First Quarter

Cronos Group Delivers Solid First Quarter As Revenues Rise 129%

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

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