Achieved positive Adjusted EBITDA* for the 12th consecutive quarter Continued focus on expanding offering and distribution of flagship brands The Botanist and Superflux in advance of Canopy USA Reduced Q4 2023 operating expenses by 72% year-over-year, including a nearly 50% decrease in G&A expenses Canopy shareholders approved reorganization on April 12, 2024, another step toward Canopy USA NEW YORK ..read more

Annual revenue for fiscal 2023 increases to $88.3 million Gross profit for fiscal 2023 of $29.5 million, a $6.8 million, or 30%, increase from $22.7 million for fiscal 20221 Adjusted EBITDA2 for fiscal 2023 increases to $5.5 million TORONTO, April 29, 2024 (GLOBE NEWSWIRE) -- Red White & Bloom Brands Inc. (CSE: RWB) (“RWB” or the “Company”) is pleased to report it has filed its Consolidated Audited ..read more

Etain received New York Cannabis Control Board approval to commence adult-use operations in New York Ended the year with $81.9 million of cash to support operationalization of New York market and growth initiatives Reported net loss of $47.3 million for the quarter, primarily related to a non-cash pre-tax impairment charge on goodwill and intangible assets of $48.7 million Subsequent to period end, Etain ..read more

Q4 Revenue up 9% YoY to a Record $25.5 Million 9th Consecutive Quarter of Positive Cash Flow from Operations TAMPA, Fla., April 29, 2024 (GLOBE NEWSWIRE) -- Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) (“Cansortium” or the “Company”), a vertically-integrated, multi-state cannabis company operating under the FLUENT™ brand, today announced financial and operating results for the fourth quarter and full year ..read more

Net revenue, increased to $19.7 million in Q2 2024 from $13.0 million in Q2 2023, a 51.0% increase. Gross profit, before fair value adjustments, increased to $7.1 million in Q2 2024 from $4.0 million in Q2 2023, a 77.2% increase. Delivered a twelfth consecutive quarter of positive Adjusted EBITDA1 of $3.5 million. All financial results are reported in Canadian dollars, unless otherwise ..read more

FY 2023 Revenue Increased 2.3x to $12.7 Million USD The Company expects Q1 2024 Revenue to be in the range of $5.2 million to $5.3 million and is providing Q2 2024 Revenue Guidance of $5.7-$6.0 million Management pursuing Nasdaq listing by end of year. General and Special meeting called to approve share consolidation and additional independent director to comply with Nasdaq listing requirements Vancouver ..read more

Gross profit before fair value changes reached $2.4 million, reflecting a 126% year-over-year increase. Company demonstrates financial gains with a 23% reduction in the cost of goods sold. SG&A declined 14% compared to the previous year. Color Cannabis secures a #6 spot in the national pre-roll market. TORONTO, April 30, 2024 (GLOBE NEWSWIRE) -- Entourage Health Corp. (TSX-V: ENTG) (OTCQX: ETRGF) (FSE ..read more

Business Combination Intended to Revolutionize the Beverage Industry, Introducing a Vertically Integrated Beverage and Snack Brand Incubator - Targeting $35 Million in Revenues in First Year A potential combination would create a powerhouse in the beverage and snack sector. Plans include continuing to innovate functional beverages. The new company would be called Illumination Brands, and it is expected to have ..read more

VANCOUVER, BC and LAS VEGAS, NV / ACCESSWIRE / April 30, 2024 / Ovation Science Inc. ("Ovation" or the "Company") (CSE:OVAT) (OTCQB:OVATF), with its proprietary topical and transdermal cannabis products powered by its patented skin delivery technology Invisicare®, today announced the official launch of its topical product line in Nevada with Planet 13 Holdings, Inc. (CSE:PLTH)(OTCQX:PLNH) ("Planet 13"). These ..read more

London, United Kingdom--(Newsfile Corp. - April 12, 2024) - Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company"), an international medical cannabis company, announces its plans to enter the blockchain and artificial intelligence sector of the cannabis industry. With an increasingly complex and global supply chain for the international cannabis industry, the Company believes companies and consumers will turn to ..read more