Leafly Holdings Reports First Quarter 2024 Financial Results
Green Stock News » Cannabis
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1w ago
Delivered Q1 2024 revenue of $9.0 million Reported net loss of $2.4 million and adjusted EBITDA1 loss of $0.9 million Hires financial advisors, PGP and Benchmark, to explore financing and strategic opportunities SEATTLE / May 09, 2024 / Business Wire / Leafly Holdings, Inc. (“Leafly” or “the Company”) (NASDAQ: LFLY), a leading online cannabis discovery marketplace and resource for cannabis consumers, today ..read more
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Cronos Group Reports 2024 First Quarter Results
Green Stock News » Cannabis
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1w ago
Industry-leading balance sheet with $855 million in cash and cash equivalents Net revenue in Q1 2024 increased by 30% year-over-year to $25.3 million Spinach® was top-3 in retail sales in Canada in the flower, edible, and vape categories in Q1 2024 Launched PEACE NATURALS® brand in the United Kingdom in May 2024 TORONTO, May 09, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON ..read more
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SNDL Reports First Quarter 2024 Financial and Operational Results
Green Stock News » Cannabis
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1w ago
The Company reports increased revenue year-over-year and record profit margin CALGARY, AB, May 9, 2024 /CNW/ - SNDL Inc. (NASDAQ: SNDL) ("SNDL" or the "Company") reported its financial and operational results for the first quarter ended March 31, 2024. All financial information in this press release is reported in millions of Canadian dollars unless otherwise indicated. SNDL has also posted a supplemental ..read more
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Trulieve Cannabis Reports First Quarter 2024 Results Demonstrating Core Business Strength and Cash Generation
Green Stock News » Cannabis
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1w ago
First quarter performance of $298 million in revenue, up 4% sequentially, and 58% gross margin Strong cash flow from operations of $139 million and free cash flow of $124 million* in Q1 2024 Definitive progress made on Smart and Safe Florida adult use initiative and federal rescheduling of cannabis to Schedule III TALLAHASSEE, Fla., May 9, 2024 /CNW/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF ..read more
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Curaleaf Reports First Quarter 2024 Results
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1w ago
First quarter 2024 revenue of $339 million, representing an increase of 2% year-over-year and adjusted gross margin(1) of 48% First quarter 2024 adjusted EBITDA(1) of $77 million, representing 23% of revenue, a 40 basis point improvement year-over-year First quarter 2024 operating cash flow from continuing operations of $46 million and free cash flow(1) of $33 million Repurchased $15 million of our December ..read more
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TILT Holdings Secures Funding to Develop Vertical Strategy in Pennsylvania
Green Stock News » Cannabis
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1w ago
PHOENIX, May 09, 2024 (GLOBE NEWSWIRE) -- TILT Holdings Inc. (“TILT” or the “Company”) (Cboe: TILT) (OTCQB: TLLTF), a global provider of cannabis business solutions including inhalation technologies, cultivation, manufacturing, processing, brand development and retail, announced today that an experienced retailer and operator (the “Lender”) will lend capital to TILT’s Pennsylvania subsidiary, Standard Farms ..read more
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Innocan Pharma Reports Breakthrough in a Pre-Clinical Trial: Liposomal-CBD Injection Restores Mobility to an Amputee Female Donkey
Green Stock News » Cannabis
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1w ago
HERZLIYA, Israel and ALGARY, AB , May 9, 2024 /CNW/ -- Innocan Pharma Corporation (CSE: INNO) (FSE: IP4) (OTCQB: INNPF) ("Innocan" or the "Company"), a pioneer in the pharmaceutical and biotechnology industries, is pleased to announce the successful pre-clinical treatment with a liposomal-CBD injection in a female donkey. Innocan's innovative therapy provided immediate noticeable pain relief and improved ..read more
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Verano Holdings Accelerates Retail Expansion in Central Florida with the Opening of MÜV Haines City, the Company’s 75th Location in Florida and 140th Retail...
Green Stock News » Cannabis
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1w ago
Located at 127 U.S. Highway 17 92 W, MÜV Haines City bolsters the Company’s retail presence in Polk County, a region with more than 800,000 residents1 MÜV Haines City, the community’s first medical cannabis dispensary, complements nearby MÜV locations in Auburndale, Lakeland and Winter Haven Verano’s active operations span 13 states, comprised of 140 dispensaries and 14 cultivation and processing facilities ..read more
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Vext Science Reports Financial Results for Q4 and Fiscal 2023
Green Stock News » Cannabis
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1w ago
2023 Revenue of $34.8 million; Adjusted EBITDA1 of $5.5 million; EBITDA1 of $16.6 million. Generated YTD cash flow from operations of $4.4 million. Anticipated launch of adult-use program in Ohio expected to drive significant growth for Vext. On closing of Ohio Expansion Transaction, Vext will have an operating Tier I cultivation facility, an operating manufacturing facility, and four dispensaries in ..read more
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Trulieve Cannabis to Open Medical Cannabis Dispensary in Stuart, Florida
Green Stock News » Cannabis
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1w ago
New Martin County location will host grand opening celebration Friday, May 17th TALLAHASSEE, Fla., May 10, 2024 /CNW/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the U.S., today announced the opening of a new medical cannabis dispensary in Stuart, Florida. A grand opening celebration will be held Friday, May 17 ..read more
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