earnings Archives

Jack SmithMarch 29, 2018

CV Sciences (CVSI) saw a 126% jump in revenue in its just reported fourth-quarter, due in large part to its continued push into the organic cannabis market. The company, which has offices in Las Vegas and San Diego, said fourth-quarter sales came in at $7.24 million, up 126 percent year over year. Gross profit also experienced […]

Debra BorchardtMarch 29, 2018

Canadian cannabis company CannTrust Holdings Inc. (CNTTF) delivered fourth quarter and full-year earnings with profits overcoming losses. Revenues for the fourth quarter were C$6.9 million versus last year’s C$2.0 million and for the full year, revenues were C$20.6 million as compared to C$4.3 million for 2016. Net income for the fourth quarter was C$6.2 million […]

Jack SmithMarch 29, 2018

Innovative Industrial Properties Inc. (IIPR) reported fourth-quarter earnings of 7 cents a share and highlighted the steps it has taken since becoming a publicly traded company, perhaps paving the way for more small and mid-cap cannabis companies to do the same. Innovative, which trades on the New York Stock Exchange under the ticker “IIPR,” said […]

William SumnerMarch 28, 2018

The Hydropothecary Corporation (THCX) today reported its financial results for the three and six months ended January 31, 2018, the second quarter of the 2018 fiscal year. In the second quarter the company sold approximately 131,501 gram equivalents; which represents a 9% increase over the previous quarter and a 45% increase compared to the previous […]

StaffMarch 28, 2018

GrowGeneration Corp. (GRWG) reported that its revenues for the fiscal year 2017 rose 80% to $14.4 million over last year’s $8 million. Same-store sales increased 35% to $8.6 million for the year from 2016’s $6.4 million. This despite the fact that the company had to close its Santa Rosa store due to the California wildfires […]

Jack SmithMarch 19, 2018

AXIM Biotechnologies (AXIM) reported fiscal 2017 full-year results, with CEO Dr. George Anastassov highlighting “solid progress” the company is making on its clinical pipeline, including it getting a mass-market chewing gum to help cancer patients with nausea and vomiting. The company said it ended the year with $2.1 million in cash, losing 8 cents a share, […]

StaffMarch 19, 2018

Terra Tech Corp. (TRTCD) delayed its earnings announcement from Thursday to Friday following the market close. On Friday the stock closed $3.77, but then on Monday after the investors digested the news, the stock fell to a close of $3.24 and then slipped further to $3.20 on Tuesday. Full-year revenues for 2017 increased 41% to […]

Debra BorchardtMarch 14, 2018

San Diego-based Arena Pharmaceuticals, Inc. (ARNA) reported revenues of $15.4 million versus $69 million for the same time period last year. The company recorded a net loss of $13.7 million or $0.35 per share for the fourth quarter easily beating the estimate for a loss of $0.59 per share, but worse than last year’s net […]

StaffMarch 13, 2018

General Cannabis (CANN) reported a 19% decrease in losses for the year ending December 2017 with revenue of $8.2 million versus last year’s revenue of $10.1 million. The loss per share was $0.40 versus last year’s loss per share of $0.66. The company said that as of December 31, 2017, it had an accumulated deficit […]

Debra BorchardtMarch 13, 2018

Arizona-based Zoned Properties Inc. (ZDPY) reported its fourth quarter and full year results with revenue dropping slightly in the quarter as the company sold a building in Tempe, AZ in March. Revenue fell by 2% to $533,000 versus last year’s $543,000. Net income was $189,000 or one cent per diluted share versus last year’s net […]

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Tag: earnings

CV Sciences Sees 126% Jump In Q4 Revenue, Aided By Organic Expansion

CannTrust Reports Strong Earnings As Income Beats Out Losses

Innovative Industrial Properties Reports Strong Q4 Growth, Aided by Arizona Real Estate Acquisition

Hydropothecary Reports Second Quarter Financial Results

GrowGeneration Reports 80% Revenue Increase Despite California Fires

AXIM Biotechnologies Reports Fiscal 2017 Results, Says Making “Solid Progress”

Terra Tech Drops After Earnings Results Disappoint Investors

Arena Pharmaceuticals Beats Estimates On Fourth Quarter Earnings

General Cannabis Trims Losses In 2017 As The Company Pays Down Debt

Zoned Properties Reports Solid Fourth Quarter, Annual Earnings

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

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