Tag: earnings

William SumnerNovember 30, 2018
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4min00
MPX Bioceutical Corporation MPX Bioceutical Corporation (CSE: MPX) reported its financial results for the second quarter ended on September 30, 2018. MPX recorded revenue of CAD$14.7 million, up from CAD$4.4 million in the same quarter during the previous year. The increase in revenue was attributed to wholesale operations and the company’s management of four cannabis […]

Debra BorchardtNovember 28, 2018
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6min00
  MJardin Group MJardin Group, Inc. (CSE: MJAR), reported financial results for its third quarter ended September 30, 2018. The company’s revenue increased 65.1% to $7.0 million versus last year’s $4.3 million. The company said that the revenue growth was driven primarily by facility design and build-out fees earned from GrowForce for cultivation centers, interest […]

Debra BorchardtNovember 27, 2018
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4min00
Cannabis multi-state operator Green Thumb Industries Inc. or GTI (GTII.CN) (GTBIF) reported that its third-quarter 2018 ending in September revenues increased 344% year-over-year to $17.2 million. Sequentially revenues increased 26%. The company attributed the rise in revenue to increased distribution of branded products, new store openings, and the start of adult use cannabis sales in Nevada. […]

StaffNovember 26, 2018
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4min00
Curaleaf Holdings, Inc. (CURA.CN)  delivered total revenue of $21.4 million, an increase of 289% for the third quarter ending September 30, 2018, versus $5.5 million for the same time period in the previous quarter. Total revenue increased 47% sequentially, compared to $14.6 million in the second quarter of 2018. The company recorded a gross profit of  $13.8 million, excluding the impact of biological assets, an […]

StaffNovember 26, 2018
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3min00
KushCo Holdings, Inc. (OTCQB: KSHB) reported that its revenue was up 177% to $52.1 million for its fiscal year 2018 ending August 31, 2018. The net loss, including $1.0 million in depreciation expense, was $23.9 million in SG&A, and $1.6 million in provisions for income tax, was approximately $10.2 million compared to net income of […]

Debra BorchardtNovember 21, 2018
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4min00
Cannabis lab testing company EVIO Inc.  (OTCQB: EVIO) announced unaudited revenue for its fiscal 2018 fourth quarter ending September 30, 2018. Revenues from North American operations which includes company-owned laboratories in Oregon, California, Massachusetts, and Alberta, in addition to royalty revenues from licensed laboratories in Colorado and Florida, were $1.05 million. Evio said that it plans […]

Debra BorchardtNovember 20, 2018
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3min00
Emblem Corp. (EMMBF) delivered revenues of $2.3 million, a 281% increase year-over-year and a 50% increase quarter-over-quarter. Still, Emblem reported a net loss of $10.8 million versus last year’s loss of $2.8 million for the same time period. The adjusted EBITDA fell to a loss of $2.8 million from the previous year’s loss of $1.9 […]

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The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis


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