Tag: Q2

Avatar photoStaffAugust 22, 2022
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BusinessDaily Hit

The Daily Hit: August 22, 2022

7min00
The Daily Hit is a recap of cannabis business news for August 22, 2022. ON THE SITE SNDL Buys Valens in C$138 Billion Deal SNDL Inc. formerly known as Sundial (Nasdaq: SNDL) is buying The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS) in a deal valued at C$138 million. That’s an implied value of $1.26 […]
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Avatar photoStaffAugust 18, 2022
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BusinessDaily Hit

The Daily Hit: August 18, 2022

6min00
The Daily Hit is a recap of cannabis business news for August 18, 2022. ON THE SITE Ayr Wellness Raises Guidance Despite Headwinds Ayr Wellness Inc. (OTCQX: AYRWF) hiked its outlook for the year on Thursday despite posting results that missed expectations — as sales slip and losses rise. The multi-state operator reported financial results […]
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Avatar photoStaffAugust 16, 2022
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BusinessDaily Hit

The Daily Hit: August 16, 2022

10min00
The Daily Hit is a recap of cannabis business news for August 16, 2022. ON THE SITE Verano Revenue Rises But Misses Estimates Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) announced its unaudited financial results for the second quarter ended June 30, 2022, with revenue increasing 12% to $224 million versus the same time period […]
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Avatar photoStaffAugust 15, 2022
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BusinessDaily Hit

The Daily Hit: August 15, 2022

13min00
The Daily Hit is a recap of cannabis business news for August 15, 2022. ON THE SITE Auxly Revenues Improve, Tries to Cut Costs Auxly Cannabis Group Inc. (TSX: XLY) (OTCQX: CBWTF)  released its financial results for the three months ending June 30, 2022. Total net revenues from the sale of adult-use cannabis in Canada […]
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Avatar photoStaffAugust 11, 2022
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BusinessDaily Hit

The Daily Hit: August 11, 2022

9min00
The Daily Hit is a recap of cannabis business news for August 11, 2022. ON THE SITE Cannabis Consumption on Track to Beat Alcohol As talks revolving around the federal legalization of cannabis splinter in Congress, the question of whether cannabis can eat beverage alcohol’s margins remains a growing one. In a report, titled, “Is […]
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Avatar photoStaffAugust 10, 2022
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BusinessDaily Hit

The Daily Hit: August 10, 2022

7min00
The Daily Hit is a recap of cannabis business news for August 10, 2022. ON THE SITE Trulieve Reports Rising Revenue, But Gives Cautious Outlook Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) delivered its results for the quarter ending June 30, 2022, with revenue increasing 49% year over year to $320.3 million from $215.1 million […]
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The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis

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