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”

Naturally Splendid Reports First Quarter Results for 2020

“Covid-19 appears to be accelerating the growth trend for plant-based nutrition even though this category was already out performing practically every other retail market food category.” HIGHLIGHTS Naturally Splendid recorded a net loss and comprehensive loss of $1,320,761 for the three months ended March 31, 2020 Revenues decreased slightly by 7% over the same periodContinue reading “Naturally Splendid Reports First Quarter Results for 2020”

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”

Namaste Technologies Reports First Quarter 2020 Financial Results

~Company reports 16% year over year net revenue growth and significant improvement in bottom line compared to the same period last year~ TORONTO, June 10, 2020 /PRNewswire/ – Namaste Technologies Inc. (“Namaste” or the “Company”) (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF), an online platform for cannabis products, accessories, and responsible education, today reported its financial results for the firstContinue reading “Namaste Technologies Reports First Quarter 2020 Financial Results”

Sugarbud Announces Filing of Financial and Operating Results for Q1 2020

– Sugarbud Craft Growers Corp. (TSXV: SUGR) (TSXV: SUGR.WT) (“Sugarbud“) is pleased to announce the filing of its Q1 2020 unaudited condensed consolidated interim financial statements (“Financial Statements“) for the three months ended March 31, 2020 and related management’s discussion and analysis (“MD&A“). Sugarbud’s Financial Statements and related MD&A are available on SEDAR at www.sedar.com and on Sugarbud’s website at www.sugarbud.ca.  About SugarbudContinue reading “Sugarbud Announces Filing of Financial and Operating Results for Q1 2020”