financial results
Ispire Technology Inc. Reports Financial Results for the Fiscal Second Quarter 2024
Total Revenue Increased 30.7% to $41.7 Million Gross Profit Increased 24.1% to $6.4 Million North American Cannabis Vaping Hardware Revenue Increased 149% to $19.5 Million LOS ANGELES, Feb. 20, 2024 /PRNewswire/ — Ispire Technology Inc. (“Ispire” or “the Company”) (NASDAQ: ISPR), a leader in vapor technology, providing high-quality, innovative products with first-class performance, today reported results for the fiscal second […]
Ispire Technology Inc. Reports Financial Results for the Fiscal First Quarter 2024
Overall Revenue Increased 59.1% to $42.9 Million; Gross Profit Increased 43.7% to $6.9 Million. Revenue from cannabis vaping products up 116.8% to $17.3 Million Revenue from tobacco vaping products up 34.8% to $25.5 Million. LOS ANGELES, Nov. 14, 2023 /PRNewswire/ — Ispire Technology Inc. (“Ispire” or “the Company”) (NASDAQ: ISPR), a leader in vapor technology, providing high-quality, innovative products, announced today […]
CLS Reports Fiscal First Quarter 2024 Financial Results
LAS VEGAS, NV / ACCESSWIRE / October 12, 2023 / CLS Holdings USA, Inc. (OTCQB:CLSH)(CSE:CLSH), (the ”Company” or ”CLS”), a diversified cannabis company operating as Cannabis Life Sciences, today announced its financial results for the fiscal quarter ended August 31, 2023 (“Q1 2024”). All amounts are expressed in U.S. dollars. Q1 2024 Financial & Operational […]
Ispire Technology Inc. Reports Financial Results for the Third Quarter 2023
Revenue Increased 26.9% to $24.1 Million; Gross Profit Increased 51.9% to $4.5 Million; Net Loss of $3.3 Million for the Quarter, up from a $1.0 Million Net Loss in the Third Quarter 2022 Issues Fourth Quarter 2023 Outlook for Cannabis Vaping Products, Representing Growth of 58% to 98% LOS ANGELES, May 16, 2023 […]
Flora Growth Reports First Quarter 2023 Financial Results
Flora generated $20.1 million in revenue in Q1 2023, a 307% increase year-over-year. Gross profit for Q1 2023 increased 105% year-over-year, to $5.5 million. Posting a net loss of $3.9 million for Q1 2023 (decreased from Q1 2022). New leadership plans to further reduce expenses and focus on organic revenue growth. FORT LAUDERDALE, Fla., […]
Christina Lake Cannabis Reports Fourth Quarter and Full Year Fiscal 2022 Results
Fiscal 2022 Highlights Revenue up 177% to $10.1M from $3.6M in Fiscal 2021 Gross margin of $4.1M or 41.1% before fair value adjustments. Decreased G&A expenses by $729k or 14% Increased total harvested dried biomass to 42,000 kg, from 38,000 kg in Fiscal 2021 VANCOUVER, British Columbia, April 03, 2023 (GLOBE NEWSWIRE) — Christina Lake […]
Radient Announces Q3 2023 Financial Results
Edmonton, Alberta–(Newsfile Corp. – March 22, 2023) – Radient Technologies Inc. (TSXV: RTI) (“Radient” or the “Company”), a commercial manufacturer of diverse, novel, and high-quality cannabis extracts and packaged products, reports its financial results for the quarter ended December 31, 2022. Recent key highlights: Revenue for the quarter ended December 31, 2022 was $1,029,019, which compares […]
TORONTO, February 28, 2023–(BUSINESS WIRE)–Heritage Cannabis Holdings Corp. (CSE: CANN) (OTCQX: HERTF) (“Heritage” or the “Company“), today announced its financial results as at and for the three- and twelve-month periods ended October 31, 2022. All figures are in Canadian dollars unless otherwise noted. “We are very pleased to have achieved another quarter of top line revenue […]
AYURCANN Reports Q2 2023 Financial Results Featuring a 37% Increase In Year-Over-Year Gross Revenue
Toronto, Ontario, Feb. 27, 2023 (GLOBE NEWSWIRE) — Ayurcann Holdings Corp. (CSE: AYUR, OTCQB: AYURF, FSE: 3ZQ0) (“Ayurcann” or the “Company”), a leading Canadian cannabis extraction company specializing in the processing and co-manufacturing of pharma grade cannabis and hemp to produce various derivative cannabis 2.0 and 3.0 products in the recreational market, is pleased to announce its financial and […]
Humble & Fume Inc. Announces Financial Results for Second Quarter Fiscal 2023
New Leadership Team is Focused on Accelerating Growth and Margin Enhancement Highlights include: A new leadership team has been introduced with a focus on the following: Q2 saw a decrease in operating expenses of $2 million or 30% year over year and $3.5 million or 27% for the six months year over year in the North American accessories […]
Wellbeing Digital Reports Financial Results for the Fourth Fiscal Quarter
Revenue Exceeded $1.1 Million for the Period Ended July 31, 2022 VANCOUVER, British Columbia, September 15, 2022–(BUSINESS WIRE)–Wellbeing Digital Sciences Inc. (“Wellbeing” or the “Company“) (NEO: MEDI) (OTC: KONEF) (FRA: SQ2), an evidence-based mental healthcare company focused on the development and implementation of innovative clinical solutions, including psychedelic medicine and digital therapeutics as supported by clinical research, announces […]
IGC Announces Results of its 2022 Annual Stockholders Meeting
POTOMAC, Md., September 12, 2022–(BUSINESS WIRE)–India Globalization Capital, Inc. (“IGC” or the “Company”) (NYSE American: IGC) announces that during its Annual Meeting of Stockholders scheduled for and convened on September 9, 2022 (the “Annual Meeting”), all proposals as disclosed on the Definitive Proxy Statement on Schedule 14A filed with the SEC on July 25, 2022, […]
Cansortium Reports Second Quarter 2022 Financial Results
– Q2 Revenue up 14% QoQ and 36% YoY to a Record $22.4 Million – – Q2 Adjusted EBITDA up 64% QoQ and 95% YoY to a Record $10.2 Million, with $4.3 Million of Cash from Operations – – Reaffirms 2022 Guidance of $90–$95 Million of Revenue and $25–$28 Million of Adjusted EBITDA – MIAMI, Aug. 29, 2022 /CNW/ – Cansortium Inc. (CSE:TIUM.U) (OTCQX: CNTMF) (“Cansortium” […]
Flora Growth Reports H1 2022 Financial Results
H1 2022 revenue increased to ~$15.0 million, up 604% from H1 2021 and 117% from H2 2021, driven by House of Brands Gross Profit increased to ~$7.0 million, up 547% compared to H1 2021 and 363% compared to H2 2021 Company reaffirms its 2022 revenue guidance to range between $35.0 million – $45.0 million, indicating […]
Vancouver, British Columbia – August 15, 2022 – Lotus Ventures Inc. (CSE: J) (OTC: LTTSF) (“Lotus” or the “Company”), a licensed cannabis producer and wholesaler of premium cannabis in Canada hosted its Annual General Meeting (the “Meeting”) in Vancouver, B.C on Friday, August 12, 2022. The Company is pleased to report that over 88% of votes cast […]
IGC Reports Financial Results for the Quarter Ended June 30, 2022
POTOMAC, Md., August 08, 2022–(BUSINESS WIRE)–India Globalization Capital, Inc. (“IGC” or the “Company”) (NYSE American: IGC) announces its financial results for the three months ended June 30, 2022, which is the first quarter of the Company’s 2023 fiscal year. The highlights for the quarter are: The Company has submitted a protocol to the U.S. […]
MariMed Announces Second Quarter 2022 Earnings Date
NORWOOD, Mass., July 11, 2022 (GLOBE NEWSWIRE) — MariMed, Inc. (“MariMed” or the “Company”) (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, today announced it will report its second quarter 2022 financial results on August 8, 2022 after the market closes. Management will host a conference call on August 9, 2022 at […]
Revenue of $4.70M compared to $1.54M in Q2 2021, an increase of 206%, with aEBITDA margin improvement to 26.7% compared to 11.7% in Q2 2021 Operating Cash Flow, before changes in working capital, of $1.08M or 22.9% of revenue Fourth consecutive quarter of positive operating cash flow and net income MEDFORD, Ore., June 30, 2022 /CNW/ – Grown Rogue International Inc. (“Grown Rogue” or […]
Heritage Cannabis Reports Q2 2022 Financial Results
TORONTO, June 28, 2022–(BUSINESS WIRE)–Heritage Cannabis Holdings Corp. (CSE: CANN) (OTCQX: HERTF) (“Heritage” or the “Company“), today announced its financial results as at and for the three- and six-month periods ended April 30, 2022 (“Q2 2022“). All figures are in Canadian dollars unless otherwise noted. “We are excited to release these financials which show us reaching […]
Heritage Cannabis Reports Q1 2022 Financial Results
TORONTO, May 30, 2022–(BUSINESS WIRE)–Heritage Cannabis Holdings Corp. (CSE: CANN) (OTCQX: HERTF) (“Heritage” or the “Company“), today announced its financial results as at and for the three months ended January 31, 2022 (“Q1 2022“). All figures are in Canadian dollars unless otherwise noted. “Our team has done a phenomenal job over the past year in […]
Can-Fite Reports First Quarter 2022 Financial Results & Provides Clinical Update
PETACH TIKVA, Israel, May 26, 2022–(BUSINESS WIRE)–Can-Fite BioPharma Ltd. (NYSE American: CANF) (TASE: CFBI), a biotechnology company advancing a pipeline of proprietary small molecule drugs that address inflammatory, cancer and liver diseases, today announced financial results for the quarter ended March 31, 2022. Corporate and Clinical Development Highlights Include: Fortified Balance Sheet – On March […]
Heritage Cannabis Reports 2021 Year-End Financial Results
TORONTO, May 11, 2022–(BUSINESS WIRE)–Heritage Cannabis Holdings Corp. (CSE: CANN) (OTCQX: HERTF) (“Heritage” or the “Company“), today announced its financial results as at and for the twelve months ended October 31, 2021 (“FY 2021“). All figures are in Canadian dollars unless otherwise noted. “Heritage’s revenue grew over 100% for the year and almost 40% from Q3/21 […]
Adastra Holdings Announces 2021 Annual Financial Results and Corporate Update
Generated record gross revenues of $5.6 million in 2021, representing 124% growth YOY Maintained a strong capital position with $28.8 million of assets, and $6.4 million of liabilities LANGLEY, BC, May 4, 2022 /CNW/ – Adastra Holdings Ltd. (CSE: XTRX) (FRA: D2EP) (“Adastra” or the “Company”) is pleased to announce that it has filed its consolidated financial statements and related management discussion and […]
Blueberries Medical Reports 2021 Financial Results
TORONTO, May 03, 2022 (GLOBE NEWSWIRE) — Blueberries Medical Corp. (CSE: BBM) (OTC: BBRRF) (FRA: 1OA) the Canadian parent of Blueberries S.A.S. (“BBSAS”), the premier Latin American licensed cultivator and producer of medicinal cannabis and medicinal-grade cannabis extracts, (together the “Company” or “Blueberries“), is pleased to report its financial results for the year ended December […]
Anebulo Pharmaceuticals Reports Second Quarter Fiscal Year 2022 Financial Results and Recent Updates
AUSTIN, Texas, February 11, 2022–(BUSINESS WIRE)–Anebulo Pharmaceuticals, Inc. (Nasdaq: ANEB), a clinical-stage biopharmaceutical company developing novel solutions for people suffering from acute cannabinoid intoxication and substance abuse (the “Company” or “Anebulo”), today announced financial results for the three months ended December 31, 2021 and recent updates. Highlights from the fiscal year 2022 second quarter and […]
Khiron to Host Third Quarter 2021 Conference Call on November 22, 2021
TORONTO, Nov. 16, 2021 /PRNewswire/ – Khiron Life Sciences Corp. (“Khiron” or the “Company”) (TSXV: KHRN) (OTCQX: KHRNF)(Frankfurt: A2JMZC), a vertically integrated medical cannabis leader with core operations in Latin America and Europe, today announces that it will host a conference call on Monday, November 22nd , 2021 at 10:00 a.m. Eastern Time to discuss its results for the third quarter ended September 30, 2021. […]
Humble & Fume, Inc. Reports Fiscal 2021 Fourth Quarter and Full Year Financial Results
Fiscal year 2021 revenue increased 71% y-o-y to $74.1 million Appointed experienced cannabis industry leader, Joel Toguri, as Chief Executive Officer Company continues to execute against its plans to drive revenue with a strong focus on profit while further expanding the U.S. business TORONTO, Oct. 6, 2021 /PRNewswire/ – Humble & Fume Inc. (CSE: HMBL) (“Humble” or the “Company”), a leading […]
Jim Cacioppo, the CEO, Chairman and Founder of Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCMKTS: JUSHF), a vertically integrated, multi-state cannabis operator, provides a detailed operational update on the Company’s recent activities and progress, along with an overview of Jushi’s First Quarter 2021 Financial Results. Fourth Quarter 2020 Revenue Increases 29.6% to $32.3 million as compared to the Third […]
– Pure Sunfarms Continues its Record of Positive Adjusted EBITDA in Each of the Ten Quarters Since Commencing Sales – Pure Sunfarms Once Again the Top Selling Dried Flower Brand with OCS for First Quarter – VANCOUVER, BC, May 10, 2021 /PRNewswire/ – Village Farms International, Inc. (“Village Farms” or the “Company”) (NASDAQ: VFF) (TSX: VFF) today announced […]
InterCure Announces Preliminary First Quarter Record Financial Results
Revenues expected to reach a record NIS 33 million (over CAD$12 million) Revenue growth of 8 times YoY and increased more than 22% sequentially Continued increase in operating profit, EBITDA and net profit Revenue growth expected to continue in Q2 and throughout 2021 CAD $68 million raised by successful completion of the SPAC merger InterCure continues to execute its profitable growth and global expansion strategy, and expects to list on the Nasdaq by the end of Q2 HERZLIYA, Israel, May 09, 2021 (GLOBE NEWSWIRE) […]
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