iAnthus Reports Fiscal First Quarter 2020 Financial Results

– iAnthus Capital Holdings, Inc. (“iAnthus” or the “Company”) (CSE: IAN) (OTCQX: ITHUF), which owns, operates, and partners with regulated cannabis operations across the United States, reports its financial results for the first quarter ended March 31, 2020. The Company’s condensed interim financial statements for the first quarter ended March 31, 2020 and the related management’s discussion & analysis canContinue reading “iAnthus Reports Fiscal First Quarter 2020 Financial Results”

Flower One’s First Quarter 2020 Highlighted by Continued Revenue Growth and Execution of Brand Partnership Strategy

Flower One’s June sales grew 144% over May and 78% over April with the re-opening of Las Vegas on June 4th – Flower One Holdings Inc. (the “Company”) (CSE: FONE) (OTCQX: FLOOF), a leading cannabis cultivator, producer and innovator in Nevada, today reported its financial and operating results for the first quarter ended March 31, 2020. The Company also provided aContinue reading “Flower One’s First Quarter 2020 Highlighted by Continued Revenue Growth and Execution of Brand Partnership Strategy”

WeedMD Reports First Quarter 2020 Financial Results and Posts Record Revenue of $12.2 Million

Net revenue of $12.2 million, a 327% sequential increase, driven by strong growth from adult-use and medical channels and substantial outdoor biomass sale Strengthens balance sheet with $25 million strategic equity investment concurrent with the Starseed transaction, and secures financial flexibility with amendments to senior credit facility Management to host conference call on Wednesday JulyContinue reading “WeedMD Reports First Quarter 2020 Financial Results and Posts Record Revenue of $12.2 Million”

Jushi Holdings Inc. Reports First Quarter 2020 Financial Results

Announces First Quarter 2020 Revenue of $8.6 million, a Sequential Increase of 43%; Gross Profit of $4.2 million, a Sequential increase of 55%; Pre-announces Second Quarter 2020 Revenue of Approximately $15.0 million, a Sequential Increase of 74%; Annualized Revenue Run-Rate for June 2020 of Approximately $69 million  — Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH)Continue reading “Jushi Holdings Inc. Reports First Quarter 2020 Financial Results”

Fire & Flower Announces First Quarter 2020 Financial Results – Revenue up 142% to $23.1 million, improved operational performance and strengthened balance sheet

 – Fire & Flower Holdings Corp. (“Fire & Flower” or the “Company”) (TSX: FAF) (OTCQX: FFLWF), today announced its financial and operational results for the thirteen-weeks ended May 2, 2020. Financial and Operational Highlights for the Thirteen Weeks Ended May 2, 2020 Total revenue of $23.1 million at a gross profit of 32.6%, compared to revenue of $9.5 million in Q1-2019 at a grossContinue reading “Fire & Flower Announces First Quarter 2020 Financial Results – Revenue up 142% to $23.1 million, improved operational performance and strengthened balance sheet”

WeedMD Reports Fiscal Year 2019 Financial Results and First Quarter 2020 Preliminary Revenue of $12 Million

Net revenue of $20.8 million for 2019, up 162% from 2018, and Q4 revenue of $2.9 million, representing a 38% quarterly increase in Adult-Use and Medical sales Harvested 17,988 kgs in 2019, a 921% increase compared with 2018 as WeedMD’s indoor and outdoor cultivation exited 2019 fully licensed and operational to accelerate brand growth PreliminaryContinue reading “WeedMD Reports Fiscal Year 2019 Financial Results and First Quarter 2020 Preliminary Revenue of $12 Million”

Harvest Health & Recreation Inc. Reports First Quarter 2020 Financial Results

– First quarter revenue was $45.0 million, up 134% from the first quarter 2019 and 19% sequentially – Cost cutting measures expected to save $24 million annually PHOENIX, May 20, 2020 /PRNewswire/ — Harvest Health & Recreation Inc. (CSE: HARV, OTCQX: HRVSF), a vertically integrated cannabis company and multi-state operator (MSO) in the U.S., today reported its financial and operating results for the first quarter 2020. All financial information is provided inContinue reading “Harvest Health & Recreation Inc. Reports First Quarter 2020 Financial Results”

Ayr Strategies Reports First Quarter 2020 Financial Results

Q1 Revenue Increased to $33.6 Million Despite COVID-19 Challenges in March Generated $7.4 Million Cash from Operations, Increasing Cash on Balance Sheet to $9.9 Million Increase in Cultivation Capacity Expected to Drive Gross Margin Expansion in NV and MA; Total Adjusted EBITDA Expected to Return to Q1 Levels in June TORONTO, May 20, 2020 (GLOBEContinue reading “Ayr Strategies Reports First Quarter 2020 Financial Results”

Sundial Reports First Quarter 2020 Financial Results

CALGARY, May 15, 2020 /CNW/ – Sundial Growers Inc. (Nasdaq: SNDL) (“Sundial” or the “Company”) reported its financial and operational results for first quarter 2020 ended March 31, 2020. First quarter 2020 financial and operational highlights Strategic shift away from “Heal, Help and Play” strategy to concentrate on Canadian recreational cannabis with a focus on inhalable products. ContinuedContinue reading “Sundial Reports First Quarter 2020 Financial Results”