earnings Archives

Debra BorchardtMarch 12, 2018

Cannabis-based biotech company Zynerba (ZYNE) reported fourth quarter and full-year results on Monday morning. The press release lead with drug study highlights versus financial information because it delivered a net loss of $8.1 million or 60 cents per share. Zynerba delivered a $32 million loss for 2017 versus a $23 million loss for 2016. There […]

William SumnerMarch 7, 2018

It seems that February was a kind month for Namaste Technologies Inc. (NXTTF). On March 7, 2018, the company announced its unaudited net revenue (which includes shipping revenues and after discounts and refunds ) for the month of February 2018. Although February has historically been a slow month, the company reported that it generated C$1,370,442, […]

Debra BorchardtMarch 1, 2018

MPX Bioceutical Corp. (MPXEF) reported its third-quarter earnings with the caveat that comparing results to the previous year (2016) didn’t make sense since most of the assets were acquired in 2017. Instead, the earnings are being compared to the fiscal second quarter of 2018. Dispensary cannabis sales for the quarter ending December 31, 2017, were […]

William SumnerFebruary 22, 2018

On Feb. 22, 2018, Freedom Leaf Inc. (FRLF) announced that it had filed its 10Q for the quarter ending December 31, 2017, yet the company included no financial information in the press release. In the filing, the company reported revenue for the quarter at $6,332 versus last year’s $448,566. Freedom Leaf delivered a net loss […]

StaffFebruary 20, 2018

Colorado-based General Cannabis Corp (CANN), announced its highest quarterly revenue results for the fourth quarter ending December 31, 2017, and paid down its long-term debt. The company delivered approximately $990,000 in revenues for an increase of 27% over last year’s fourth quarter. Annual revenues increased 15% to $3.5 million versus last year’s $2.9 million. The […]

William SumnerFebruary 14, 2018

Today Canopy Growth Corporation (TWMJF) released its financial results for the third quarter ending December 31, 2017. Quarterly revenue increased 123% to $21.7 million over last year’s $9.8 million and net earnings were $11.0 million, or $0.01 per basic and diluted share, compared to last year’s $10.7 million. Gross margins fell to 58% of sales […]

Debra BorchardtFebruary 13, 2018

MedReleaf Corp. (MEDFF) delivered mixed results for its third quarter fiscal 2018 as sales increased, but so did the losses. The company reported sales of $11.4 million, an increase of 9% over last year and a sequential increase of 16%. Yet, the company still recorded a net loss of $5 million versus last year’s net […]

Debra BorchardtFebruary 8, 2018

Canadian-based Aurora Cannabis Inc. (ACBFF) announced its earnings for the second quarter of fiscal 2018, ended December 31, 2017, with revenues rising 201% to $11.7 million over last year’s $3.8 million and growing 41.8% sequentially. Here’s How The Revenue Rose The company attributed the revenue growth to a higher patient count, plus a higher average sales […]

Debra BorchardtFebruary 5, 2018

epidiolex-cannabidiol-or-cbd-bottle-and-packaging-1280x853.jpg

GW Pharmaceuticals (GWPH) saw its stock slip in after-hours trading after the UK-based biotech company reported its first-quarter earnings and positive news out of Europe. First, revenue for the first quarter rose 203% to $7.7 million beating estimates by $5.4 million and topping last year’s revenue for the same period. However, losses increased to $63.3 million […]

StaffJanuary 29, 2018

Organigram Holdings Inc. (OGRMF) reported its highest quarterly net sales to date in its earnings results for the fiscal first quarter ending November 30, 2017. Net sales rose to $2.7 million in Q1-2018 an increase sequentially over the fourth quarter’s $2.1 million and beating last year’s $2.2 million for the same time period. Still, Organigram delivered […]

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

Zynerba Delivers Losses For Fourth Quarter, Full Year

Namaste Technologies Reports 146% Revenue Increase

MPX Bioceutical Revenues Increase In Third Quarter

Freedom Leaf Earnings Show A Company In Trouble

General Cannabis Eliminates Debt In Fourth Quarter Earnings

Canopy Growth Reports 123% Revenue Growth for Third Quarter

MedReleaf Sales Increase Along With Losses In Third Quarter

Aurora Reports Triple Digit Rise In Revenues, Profits

GW Pharmaceuticals Revenue Jumps Over 200% In First Quarter

Organigram Reports Rising Sales, Trimming Losses

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