earnings Archives

Debra BorchardtApril 27, 2018

Emblem Corp. (EMMBF) reported its fiscal 2017 results for the fiscal 2017 year with C$2.69 million in revenues versus C$277,000 in 2016 an increase of 873%. The company reported gross profits of C$490,000 versus a loss of C$260,000 in 2016. Emblem expects to generate a steady increase in gross profit during 2018 as it now has […]

Debra BorchardtApril 24, 2018

Ontario-based medical marijuana company OrganiGram Holdings Inc. (OGRMF) reported second-quarter results with record gross sales of C$3.2 million, a 123% increase over the same time period in 2017. The company also delivered net income in the second quarter of C$1.0 million over last year’s loss of C$5.7 million. The company also turned a corner on the […]

William SumnerApril 16, 2018

Medicine Man Technologies (MDCL) announced today the preliminary financial results for the quarter ending on March 31, 2018, and provided an update to shareholders on recent client activity. The company reported approximately $1.2 million in revenue for the quarter, a 122% increase over the same quarter last year and representing the fifth consecutive quarter of […]

Debra BorchardtApril 16, 2018

Ontario-based Aphria Inc. (APHQF) reported that its revenues for the third quarter ending February 28 were C$10.2 million versus last year’ C$5.1 million for the same time period, an increase of 100%. Revenue increased 20% sequentially from C$8.5 million. Gross profits for the quarter were C$8.5 million over last year’s C$3.5 million. The net income for […]

William SumnerApril 12, 2018

On April 11, 2018, Kush Bottles, Inc. (KSHB) released its financial results for the second quarter of 2018, which ended on Feb. 28, 2018. Revenue for the quarter was $10.36 million, up 249% compared to the previous year. Gross margins were 28.1%, down from 35.6% in the same period last year. The lower gross margins […]

Video StaffApril 6, 2018

The acquisition side of the business continues to be active. Cannabis Wheaton Income Corp. Cannabis Wheaton Income Corp. (CBWTF) announced that it entered into a definitive acquisition agreement to acquire licensed dealer Dosecann Inc. in an all-stock deal that is expected to close on or about April 30. Dosecann is a late-stage “Licensed Dealer” applicant pursuant to the […]

Debra BorchardtApril 4, 2018

CannaRoyalty Corp. (CNNRF) reported that its revenue for 2017 rose to C$3 million, but could only be compared to nine months of revenue for 2016 which was C$642,277. The same went for the company’s net losses, which were C$9 million versus a loss of C$10.3 million for nine months ending December 2016. The net loss […]

Debra BorchardtApril 3, 2018

Massachusetts-based cannabis company MariMed Inc. (MRMD) reported annual earnings for 2017 with revenues increasing 70% over 2016. Revenue clocked in at $6.11 million over last year’s $3.6 million and was mostly attributed to higher income from fees, rents and consulting. Gross profits for the year were $3.5 million, an increase of 58% over 2016’s increase […]

StaffApril 2, 2018

Emerald Health Therapeutics, Inc. (EMHTF) reported its annual 2017 earnings and fourth quarter results. Revenue for the full year increased 270% from C$253,321 in 2016 to C$937,654 in 2017. Net losses for the year also increased from (C$2.9 million) in 2016 to (C$8.7 million) in 2017. The net loss per share went from five cents […]

Video StaffMarch 30, 2018

The week got off to a big start as Senate Majority Leader Mitch McConnell said he planned on introducing legislation to take hemp off the controlled substances list. This would be a huge boost to his home state of Kentucky whose farmers are looking for a crop to replace tobacco. McConnell hasn’t actually introduced the legislation […]

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Tag: earnings

Emblem Corp. Turns The Corner On Profits in 2017

OrganiGram Reports 123% Increase In Sales For Second Quarter

Medicine Man Technologies Reports 122% Revenue Increase

Aphria Revenue Jumps 100% In Third Quarter Earnings

Kush Bottles Q2 Revenue Jumps 249%, Gross Profits Up 270%

Marijuana Money, April 6, 2018

CannaRoyalty Reports Rising Revenue for 2017

Massachusetts Cannabis Company MariMed Reports 70% Increase In Annual Revenue

Emerald Health Reports 270% Increase In Revenue, Losses Grow As Well

Marijuana Money, March 30, 2018

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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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