earnings Archives

Jack SmithJuly 12, 2018

Kush Bottles (OTC: KSHB) said third-quarter revenue rose 173 percent year-over-year as organic growth continued to remain strong and the company’s acquisition strategy is paying off. Santa Ana, Calif.-based Kush Bottles, which sells everything from packaging to supplies to vaporizers and accessories for the cannabis industry, saw third-quarter revenue climb to $12.9 million, up from […]

Debra BorchardtJuly 12, 2018

Green Spirit Industries (GSRX) continues to build itself up from the Pink Sheets as this tiny dispensary chain expands its footprint. The company reported revenue of $353,430 for the second quarter and gross profits of $153,073. The second quarter loss per share was $.03, an 85% improvement from the same period last year, which was […]

Debra BorchardtJune 27, 2018

Canopy Growth Corporation (CGC) reported that its fourth-quarter revenue rose 55% to C$22.8 million versus last year’s C$14.7 million for the same time period. Still, the company recorded a net loss of C$61.5 million or C$0.31 per basic and diluted share, which was dramatically higher than last year’s net loss of $12.0 million, or $0.08 per basic and diluted […]

Debra BorchardtJune 19, 2018

Canadian cannabis company MedReleaf Corp. reported that its sales increased 8% to C$43.6 million for the fiscal year 2018, still the company reported a net loss of C$7.5 million. The fiscal fourth-quarter sales rose 16% to C$12 million and a net loss of C$812,000. The company attributed the losses to increased overhead costs and investments in […]

Jack SmithJune 5, 2018

Neptune Technologies and Bioresources Inc. (NEPT) announced fourth-quarter results and said revenue declined sharply year-over-year, impacted largely by the sale of its krill oil manufacturing business. Fourth-quarter revenue came in at $7 million, aided by a rise of 14.9 percent in its Solutions Business. In the prior year, revenue was $11.8 million, though the company noted […]

Jack SmithMay 31, 2018

Golden Leaf Holdings said first-quarter revenue soared, thanks to its 2017 acquisition of Chalice Farms and highlighted the progress it’s making in expanding its cannabis operations in California. Golden Leaf, which trades on the Canadian Stock Exchange under the “GLH” ticker and is traded over-the-counter in the U.S., said revenue jumped 42 percent year-over-year to […]

Debra BorchardtMay 29, 2018

Emblem Corp. (EMMBF) reported that its revenues for the three months ended March 31, 2018, increased 41% to $1,277,000 in Q1 2018 from $903,000 in Q1 2017. Gross profits increased 304% to $182,000 compared to a gross loss of $89,000 for the same time period in the previous year. The profits were helped by a higher […]

StaffMay 16, 2018

Denver-based hydroponic retailer GrowGeneration (GRWG) reported that its revenue for the first quarter of 2018 increased 70% to $4.4 million versus $2.6 million for the 1st quarter of 2017. Gross profits rose 75% to approximately $1.2 million compared to approximately $.68 million for the same time period. Still, the company delivered a net loss of $953,430 versus last year’s net loss of $283,309. The stock fell over 7% […]

Debra BorchardtMay 16, 2018

The U.S.-based medical marijuana company MariMed Inc. (MRMD) stock jumped 13% after it reported its first-quarter financial results for 2018 with revenues increasing 81% to $2.08 million compared to $1.15 million first quarter of 2017. The company attributed the increase to the expanding operations of MariMed’s medical marijuana clients from real estate revenue, management fees and licensing […]

William SumnerMay 15, 2018

Surna Inc. (SRNA) today announced its financial and operational results for the quarter ending on March 31, 2018. The company’s net bookings rose 88%, increasing from $2,454,000 in the previous quarter to $4,623,000. Revenue declined sequentially by 11%, falling from $2,309,000 in the previous quarter to $2,055,000. Compared to the same period in the previous […]

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

Functional Mushrooms Move Into Mainstream as Wellness Trend Grows

In other news

The Daily Hit: January 4, 2024

Connecticut Attorney General Tells Unlicensed Cannabis Events Company to Stop

Testing Concerns Lead to Quarantine for 70% of Mississippi MMJ Goods

Tag: earnings

Kush Bottles Sees Q3 Revenue Nearly Triple Due to Sales Growth, Acquisitions

Green Spirit Industries Reports 2nd Quarter

Canopy Growth Reports 95% Increase In Revenue For The Year

MedReleaf Reports Sales Increase 8% For Fiscal 2018

Neptune Sees Q4 Revenue Decline as Divestiture Weighs on Results

Golden Leaf Holdings Sees Strong Revenue Growth Thanks to Recent Acquisition

Emblem Revenues And Profits Increase As Price Per Gram Rises

GrowGeneration Stock Slips As Losses Increase In First Quarter Earnings

U.S. Cannabis Company MariMed Revenues Increase 81% In First Quarter Earnings

Surna Gross Profits, Revenue Decline As Founders Make Plans To Leave

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

Get the latest cannabis news delivered right to your inbox

Get the latest cannabis news delivered right to your inbox