earnings Archives

Debra BorchardtFebruary 11, 2019

Aurora Cannabis Inc. (ACB) reported that its gross revenue jumped 430% to $62 million over last year’s $11.7 million for the same time period. The net revenue rose 363% to $54.2 million over last year’s $11.7 million. Losses jumped a whopping 3,179% to $237 million versus last year’s gain of $7.7 million for the same […]

StaffJanuary 28, 2019

Organigram Holdings Inc. (OTCQX: OGRMF) reported its first fiscal 2019 quarter results with net sales for the three months ending November 30, 2018, of $12.4 million, up 419% from $2.4 million in Q1’2018. Sales rose 287% sequentially as the impact of legal adult use sales in Canada continues to be felt on the income statement. Net income for the quarter was $29.5 […]

Debra BorchardtJanuary 17, 2019

MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) released unaudited financial results for its fiscal 2019 second quarter ending December 29, 2018. Across the company’s operations in California, Nevada, New York, and Arizona, systemwide revenue increased 40% sequentially to $29.9 million. The company said that if it included pending acquisitions that revenue number would be $49.5 […]

Debra BorchardtJanuary 11, 2019

Aphria Inc. (NYSE: APHA) reported net revenue rose 63% to C$21.7 million for the fiscal 2019 second quarter ending November 30, 2018 versus C$8.5 million for the same time period a year earlier. The company said that the higher revenue in the quarter was driven by a 92% increase in kilogram equivalents of cannabis sold and […]

Debra BorchardtJanuary 8, 2019

Cannabis packaging company KushCo Holdings, Inc. (OTCQB: KSHB) reported that revenue rose 186% in the fiscal first quarter of 2019 to $25.3 million. Revenue increased by 26.5% sequentially from $20 million in the fourth fiscal quarter of 2018. The net loss was approximately $8.2 million compared to net income of $0.1 million in the first quarter of […]

Debra BorchardtDecember 14, 2018

Organigram Holdings Inc. (OTC: OGRMF) reported a 131% increase in net sales of $12.4 million for the 2018 fiscal year versus $5.4 million in 2017. Sales for the fourth quarter increased 76% to $3.2 million versus last year’s $1.8 million for the same time period. Organigram said that the sales to the adult recreational use market will be reflected in the […]

Debra BorchardtDecember 13, 2018

HEXO Corp. (TSX: HEXO) (OTC: HYYDF) reported its financial results for the first quarter of the 2019 fiscal year with gross revenue of C$6.7 million versus last year’s C$1.1 million for the same time period. The revenue figure includes C$5.2 million from legal adult-use cannabis sales during the first two weeks of legalization. Still, the […]

William SumnerDecember 10, 2018

Cresco Labs, Inc. (CSE: CL), a multi-state cannabis operator, today announced its financial results and operational highlights for the third quarter, which ended on September 30, 2018. Revenue for the quarter increased to $12.2 million, representing a quarter-over-quarter increase of 51% and a year-over-year increase of 335%. Cresco’s net income nearly doubled from $2.0 million […]

Debra BorchardtDecember 10, 2018

Dixie Brands Inc. (CSE: DIXI.U) announced its financial results for the three-month and year-to-date periods ending September 30, 2018. Revenue was $2,435,000 in the third quarter of 2018, an increase of 110% over last year’s $1,162,000 for the same time period. However, Dixie delivered a net loss of $2,404,000 for the quarter versus $630,000 for the […]

William SumnerDecember 3, 2018

Harvest Health & Recreation, Inc. (OTCMKTS: HTHHF) today announced its financial results for the third quarter ending on September 30, 2018. The financial results pertain the operations of the Harvest Enterprises Group of Companies, which acquired Harvest Health & Recreation (then known as RockBridge Resources Inc.) in a reverse takeover last month. Revenue increased from […]

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Tag: earnings

Aurora Cannabis Reports Rising Revenue, Prices Falling As Cost To Produce Rises

Organigram Sales Rise 419% As Adult Sales Impact Earnings

MedMen Says Revenues Rose 40% Sequentially In Second Quarter

Aphria Posts 63% Increase In Revenue Even As Prices Drop

KushCo Reports 186% Revenue As Cash Is Depleted

Organigram Goes From Red To Black With Fiscal 2018 Earnings

Hexo Reports C$5.2 Million For Just Two Weeks Of Adult Use Cannabis Sales

Cresco Labs Reports Solid Third Quarter

Dixie Delivers Solid Third Quarter Results

Harvest Health & Recreation’s Revenue Rise to $11.2 Million in Q3

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

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