earnings Archives

Debra BorchardtMarch 15, 2019

Terra Tech Corp. (OTCQX: TRTC) reported that its revenues for the year ending in December dropped to approximately $31.33 million versus last year’s approximately $35.80 million. The company blamed the drop on “the significant level of taxes that the State of California placed on cannabis sales which depressed the overall legal cannabis market.” Terra Tech […]

Debra BorchardtMarch 14, 2019

HEXO Corp (TSX: HEXO; NYSE: HEXO) delivered its financial results for the second quarter of the 2019 fiscal year with gross revenue of $16.2 million an increase of 1,269% versus the same time period for last year. Revenues increased by 114% sequentially. The company reported a net loss for the quarter of $4.3 million, which was […]

StaffMarch 13, 2019

Innovative Industrial Properties, Inc. (NYSE: IIPR) announced results for the fourth quarter and year ended December 31, 2018. IIPR generated rental revenues of approximately $4.7 million in the quarter, representing a 111% increase from the prior year’s quarter and in line with the Yahoo! Finance analyst estimate. IIPR recorded net income attributable to common stockholders […]

Debra BorchardtMarch 13, 2019

Acreage Holdings, Inc. (CSE: ACRG.U) (OTCQX: ACRGF) delivered fourth-quarter revenue of $10.5 million for an increase of 380% over the previous year’s $2.1 million. Acreage reported a whopping fourth-quarter net loss of $217.6 million. The pro forma revenue* for the fourth quarter was $22.9 million and the pro forma adjusted net loss*, which excludes certain […]

Debra BorchardtMarch 12, 2019

Synthetic cannabis pharmaceutical company Corbus Pharmaceuticals Holdings Inc. (CRBP) reported earnings for the fourth quarter and the full year ending in December. For the quarter, Corbus delivered a net loss of approximately $17,306,000 or a net loss per diluted share of $0.30, compared to a net loss of approximately $10,694,000, or a net loss per […]

Debra BorchardtMarch 1, 2019

MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) reported its second quarter of fiscal 2019 with revenue of $29.9 million. This represents a 39.1% quarter-over-quarter increase over the first quarter of fiscal 2019 ending September 30, 2018. California is the main driver of sales. MedMen’s eight retail locations primarily in Southern California reported a combined $23.7 […]

Debra BorchardtFebruary 25, 2019

48North Cannabis Corp. 48North Cannabis Corp. (TSXV: NRTH) released its financial and operating results for the three and six months ended December 31, 2018, with revenue for fiscal second-quarter of C$2.4 million. This was an 88% sequential increase over the first quarter. The company reported a net loss of C$872,628, down from the first quarter […]

Debra BorchardtFebruary 15, 2019

Canopy Growth Corporation (WEED.TO) (CGC) released its financial results for the third quarter fiscal 2019 ending December 31, 2018. Net income for the quarter was $74.9 million compared to a net income of $11.0 million for the same time period during last year. Net revenue increased 282% to $83 million over last year’s $21.7 million for the same time period. Total gross […]

StaffFebruary 14, 2019

TILT Holdings Inc. (CSE: TILT) (OTC: SVVTF) announced preliminary and unaudited pro forma January 2019 gross revenue of $18.3 million. The company’s pro forma January revenue was driven by continued growth of all companies within TILT, including recent acquisitions. In just January 2019 TILT said its unaudited gross revenue was $13.8 million versus the $7.6 million for […]

StaffFebruary 12, 2019

The Supreme Cannabis Company, Inc. (OTCQX: SPRWF) reported a 359% increase in revenue to $7.72 million for the second quarter ending December 31, 2018. This was a 50% sequential increase over the first quarter revenue of $5.14 million. The company trimmed its losses by delivering a net loss for the quarter of $1.55 million versus […]

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Tag: earnings

Terra Tech Reports Drop In Revenues Amid Rising Losses – Blames California Taxes

HEXO Revenue Jumps 1,269% As Losses Drop

Innovative Industrial Properties Generated $4.7 Million In Rental Revenue For The Quarter

Acreage Holdings Fourth Quarter Revenue Increases 380% As Company Enters California

Corbus Pharmaceuticals Reports Earnings, Hopes For 2021 FDA Approval On Lenabasum

MedMen Reports Rising Revenue, But Losses Remain Elevated

Earnings Roundup: 48North, James Wagner

Canopy Growth Reports Rising Income, Revenue For Third Quarter

TILT Hitting On All Cylinders With January Returns

Supreme Cannabis Reports 359% Increase In Revenue For Q2

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

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