earnings Archives

Debra BorchardtSeptember 18, 2018

KushCo Holdings, Inc. (KSHB) formerly known as Kush Bottles said that it is expecting to report a 171% increase in annual revenue to over $51 million for the fiscal year ended August 31st, 2018. The stock popped over 8% to lately trade at $5.23 on the news. “Our fiscal year 2018 revenue serves as a […]

Debra BorchardtAugust 30, 2018

While the rest of the market seems to be quieting down ahead of the Labor Day weekend, several cannabis companies are wrapping up earnings season. Here’s a roundup of earnings from MPX Bioceuticals, Kalytera, and Vivo. MPX Bioceuticals Corporation MPX Bioceutical (MPXEF) reported its financial results for its fiscal first quarter 2019 ending June 30, […]

William SumnerAugust 29, 2018

Green Thumb Industries (GTBIF) announced today its financial results for the second quarter, which ended on June 30, 2018. Revenue for the quarter rose by 25% from $10.9 million to $13.6 million, driven mostly by the increased wholesale distribution of its finished branded products to retail customers in Illinois and Maryland, as well as increased […]

Debra BorchardtAugust 29, 2018

Tilray (TLRY) reported that its revenues in the second quarter increased to $9.7 million, an increase of 95.2% over last year’s $4.9 million for the same time period. The company said that the jump was due to increased patient demand in Canada, sales to licensed producers and international sales. The net loss for the quarter […]

Debra BorchardtAugust 28, 2018

Medical marijuana producer WeedMD Inc. (WDDMF) reported revenues of $2.1 million for the three months ending June 30, 2018. This was an increase of 83% sequentially and 787% over the same time period during last year. Revenue of $3.2 million in the first six months of fiscal 2018 represents a 1271% increase compared to the first […]

StaffAugust 23, 2018

Canadian-based CannaRoyalty (CNNRF) reported its second-quarter earnings for the period ending June 30, 2018, with revenues increasing 266% to C$3.5 million versus last year’s revenues of C$960,157. In addition to that, CannaRoyalty made huge strides by delivering net income of C$9.3 million for the quarter versus last year’s net loss of C$2 million. The net […]

Debra BorchardtAugust 22, 2018

Toronto-based Emblem Corp. (EMMBF) reported second-quarter revenues of $1.5 million for the quarter ending June 30, 2018, an increase of 180% over the same time period in 2017. The company also delivered a gross loss of $159,000 for the quarter versus last year’s zero amount and a let loss of $4.7 million versus last year’s net […]

Debra BorchardtAugust 15, 2018

The Green Organic Dutchman (TGODF) reported its quarterly results that demonstrate the company is still in a phase of ramping up as there are no sales to report as of yet. The net loss for the quarter ending June 30, 2018, was C$8.5 million or C$0.04 per share versus last year’s C$2.3 million loss or […]

StaffAugust 14, 2018

It’s time for your Daily Hit of cannabis financial news for August 14, 2018. On The Site A busy day for cannabis earnings: Cronos Group (CRON) stock popped over two percent in early market trading after the Canadian cannabis reported that its revenue for the second quarter jumped 428% to $3.4 million. It was an increase of $2.8 […]

StaffAugust 14, 2018

GrowGeneration Corp. GrowGeneration Corp. (GRWG), one of the largest specialty retail hydroponic and organic gardening stores, selling to both the commercial and home cannabis markets, with currently 18 locations, reported financial results for its 2nd quarter ended June 30, 2018. The company delivered revenue of $7.15 million, up 74% compared to revenue of $4.1 million for the 2nd quarter of […]

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Tag: earnings

KushCo Stock Pops On News Of 171% Revenue Increase

Cannabis Companies MPX Bioceutical, VIVO and Kalytera Report Earnings

Green Thumb Industries Reports 25% Revenue Increase for Second Quarter

Tilray’s Revenues Climb In Second Quarter, IPO Costs Were High

WeedMD’s Revenues Climbing As Losses Get Trimmed In Second Quarter

CannaRoyalty Revenue Jumps 266% In Second Quarter To C$3.5 Million

Emblem Corp. Reports Rising Revenues Ahead Of Adult Use Sales

The Green Organic Dutchman Q2 Earnings Demonstrates Company’s Ambitious Plans

The Daily Hit: August 14, 2018

Earnings Highlights From GrowGeneration, Surna And CannTrust

The Daily Hit - TEST TEST TEST

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

Functional Mushrooms Move Into Mainstream as Wellness Trend Grows

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