Cannabis Earnings

Safe Harbor Financial (NASDAQ:SHFS) reported a significant turnaround in the third quarter of 2024, achieving a net income of $354,000 – a stark improvement from the $748,000 loss in the same quarter of 2023. However, total revenue declined by 20%, dropping from $4.3 million to $3.5 million....

Planet 13 Holdings Inc. (OTC:PLNH) reported Friday afternoon a strong revenue increase of 29.7% year-over-year for Q3 2024, reaching $32.2 million. The growth was fueled by the expansion into the Florida market and solid performance at its Illinois store.  Despite the revenue boost, the company...

Hydrofarm Holdings Group (NASDAQ:HYFM) posted its Q3 2024 results, showing mixed performance with a drop in net sales but improved gross margins. Get Benzinga's exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter...

The company recently secured a $140 million senior loan maturing in 2028, carrying a 12.75% interest rate, with no prepayment penalties. Positive Cash Flow Amid Market Challenges TerrAscend Corp. (OTC:TSNDF) reported its third-quarter revenue of $74.2 million Wednesday afternoon marking a 4.3%...

Glass House Brands (OTC: GLASF) reported a record-setting second quarter for 2024, with revenue reaching $53.9 million, marking a 21% year-over-year increase. Q2 Highlights Gross profits also saw a significant rise, hitting $28.7 million, up from $24.4 million in Q2 2023, though the gross...

GrowGeneration Corp. (NASDAQ: GRWG), a distributor of products for indoor and outdoor hydroponic and organic gardening, reported second-quarter net revenue of $53.5 million on Thursday afternoon, reflecting an 11.8% increase quarter-over-quarter. CEO Darren Lampert highlighted several key areas of...

TerrAscend Corp. (OTC: TSNDF) reported net revenue of $77.5 million for the second quarter of 2024, reflecting a 7.5% increase compared to $72.1 million in the same period in 2023. Executive chairman Jason Wild highlighted the company's material revenue and EBITDA growth, positive free cash...

Goodness Growth Holdings, Inc.,(CSE: GDNS) (OTC: GDNSF) cannabis company reported its financial results Tuesday morning for the fourth quarter and the entire fiscal year of 2023. The Minneapolis-based firm reported Q4 2023 revenue of $24.2 million, a robust increase of 34.4% compared...

It’s that time of year: cannabis Q2 Earnings are coming fast and thick, and we’ve been doing a lot of report reading. This latest Trade To Black podcast we’re diving into the second quarter earnings reports of the major companies in the cannabis space. There’ll be a lot more...

Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF) reported its financial results for the second quarter ended June 30, 2022.  Highlights for the second quarter and six months ended June 30, 2022: Revenue increased 4.8% sequentially and 14.6% year-over-year to $254.3 million....

Unrivaled Brands, Inc. (OTCQX: UNRV) reported its financial results for the quarter and fiscal year ended December 31, 2021. “Our strategy throughout 2021 was focused on building scale. As a result, we were able to leverage numerous sector opportunities, successfully ...

Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) reported its financial and operating results for the fourth quarter and year ended December 31, 2021.  Highlights include record fiscal year 2021 revenue and Adjusted EBITDA¹ of $1.2 billion and $298 million...

Cannabis giant Tilray Inc. (NASDAQ: TLRY) saw revenue climb to $210.5 million in 2020. That's a 26% spike compared to what the Nanaimo, Canada-based company reported for 2019. In Tilray's earnings report published Wednesday afternoon, CEO Brendan Kennedy...

Green Thumb Industries Inc. (CSE:GTII) (OTCQX: GTBIF) reported a boost in revenue for the third quarter of 2020. Revenue jumped 31.3% quarter-over-quarter and 131.1% year-over-year to $157.1 million, according to the Chicago-based cannabis company's earnings report Wednesday....

Canadian cannabis company Cronos Group Inc (NASDAQ: CRON) reported first-quarter results Thursday that included revenue growth of 120 percent on the year driven by legalization of adult-use cannabis and strong CBD oil sales. What Happened Cronos Group's net revenue amounted to CA$6.47...