Q2 2022 Results


Silver Spike Investment Corp. Reports Second Quarter Fiscal 2023 Financial Results

November 10th, 2022 - Ryan Allway

NEW YORK, Nov. 10, 2022 (GLOBE NEWSWIRE) — Silver Spike Investment Corp. (“Silver Spike” or the “Company”), a specialty finance company that was formed to invest across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately held cannabis companies, today announced its financial results for the quarter ended […]

Awakn Life Sciences Reports Strong Q2 2022 Results

September 15th, 2022 - Ryan Allway

Awakn delivered revenue growth of 34% in Q2 Awakn also announces closing of first tranche of private placement financing TORONTO, CANADA, Sept 15, 2022 – Awakn Life Sciences Corp. (NEO: AWKN, OTCQB: AWKNF, FSE: 954) (‘Awakn’), a biotechnology company, researching, developing, and commercializing therapeutics to treat addiction with a near-term focus on Alcohol Use Disorder (AUD), announced […]

Evogene Reports Second Quarter 2022 Financial Results

August 31st, 2022 - Ryan Allway

Conference call and webcast: today, August 31, 2022, 9:00 am ET REHOVOT, Israel, Aug. 31, 2022 /PRNewswire/ — Evogene Ltd. (Nasdaq: EVGN) (TASE: EVGN), a leading computational biology company targeting to revolutionize life-science product discovery and development across multiple market segments, announced today its financial results for the second quarter ended June 30, 2022.   Evogene Logo Mr. Ofer Haviv, Evogene’s President […]

Red White & Bloom Reports Financial Results for Second Quarter 2022 and Six Months Ended June 30th 2022

August 30th, 2022 - Ryan Allway

Q2 2022 revenue increased 225% to CDN $27.4 million, vs CDN $12.2 million in Q2 20211 Revenue for the 6 months ended June 30th 2022 increased 235% to CDN $55.4 million from CDN $23.6 million with Gross Margin excluding biological assets of $16.1 million1 Executed agreements for much anticipated PV licensed product for distribution in […]

Jushi Holdings Inc. Reports Second Quarter 2022 Financial Results and Announces Non-Reliance on Previously Issued First Quarter 2022 Financial Statements

August 29th, 2022 - Ryan Allway

Second Quarter 2022 Revenue Growth of 52.4% YoY and 17.6% QoQ to $72.8 million Completed NuLeaf Acquisition and Expanded Vertically Integrated Footprint in Nevada Established Fifth Vertically Integrated State-Level Operation in Ohio with Medical Dispensary License Win     BOCA RATON, Fla., Aug. 29, 2022 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state […]

GABY Reports Second Quarter Results for 2022

August 29th, 2022 - Ryan Allway

Reports revenue of $5.2 million as the Company focuses on higher margin revenue Gross margin improved to 43% up from 35% over same quarter last year despite California headwinds Reduced SG&A expenses by 11% in the quarter over the same quarter last year Sale of Company owned brands now makes up 15% of flower sold […]

Cansortium Reports Second Quarter 2022 Financial Results

August 29th, 2022 - Ryan Allway

– 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” […]

StateHouse Holdings Inc. Reports Second Quarter 2022 Financial Results and Provides Additional Business Updates

August 25th, 2022 - Ryan Allway

– Company expects to be EBITDA positive in 2023 – SAN DIEGO and TORONTO, Aug. 25, 2022 /CNW/ – StateHouse Holdings Inc. (“StateHouse” or the “Company”) (CSE: STHZ) (OTCQX: STHZF), a California-focused, vertically integrated cannabis enterprise, today announced its financial results for the three and six months ended June 30, 2022 (“Q2 2022” and “YTD 2022”, respectively), and provided additional business updates. […]

Unrivaled Brands Reports Second Quarter 2022 Financial Results

August 19th, 2022 - Ryan Allway

SANTA ANA, Calif., Aug. 19, 2022 (GLOBE NEWSWIRE) — Unrivaled Brands, Inc. (OTCQX: UNRV) (“Unrivaled” or the “Company”), a multi-state vertically integrated company focused on the cannabis sector with operations in California and Oregon, yesterday reported its second quarter 2022 financial results for the quarter ended June 30, 2022.   Financial Update During the three […]

Decibel Announces Second Quarter Results with Another Period of Record Net Revenue and Adjusted EBITDA

August 18th, 2022 - Ryan Allway

CALGARY, AB, Aug. 18, 2022 /PRNewswire/ – Decibel Cannabis Company Inc. (the “Company” or “Decibel”) (TSX-V: DB) (OTCQB: DBCCF), a premium cannabis producer, is pleased to announce its second quarter financial results for the three and six month periods ending June 30, 2022.   Decibel Cannabis Company Logo (CNW Group/Decibel Cannabis Company Inc.) “Our second quarter results continue […]

InterCure Reports Record Breaking Second Quarter Financial Results

August 15th, 2022 - Ryan Allway

Record revenue of over $37 millioni in the second quarter of 2022 Representing an annual run rate of $150 million Adjusted EBITDAii for Q2 increased 90% YoY to $9 million Net income of $6 million for the Q2 of 2022 compared to $2 million in Q2 of 2021 Tenth consecutive quarter of profitable growth Eighth consecutive quarter of positive cash flow from operations $96 million cash on hand Revenue growth expected to continue in the third quarter and throughout 2022     NEW YORK and […]

IM Cannabis Reports Record Second Quarter 2022 Financial Results; Revenues Increase 114% YoY to $23.8 Million

August 15th, 2022 - Ryan Allway

Gross margin of 24%, which is expected to increase with further asset integration, product availability, and operational improvements Approximately $6.5 million per year in expected cash cost savings from streamlining operations in Canada and closure of Israeli cultivation farm   TORONTO and GLIL YAM, Israel, Aug. 15, 2022 /PRNewswire/ — IM Cannabis Corp. (the “Company“, “IM Cannabis“, or “IMC“) (CSE: IMCC) (NASDAQ: IMCC), a […]

Rubicon Organics Reports Second Quarter 2022 Financial Results

August 15th, 2022 - Ryan Allway

Record sales, first quarter of profitability and growing share of premium market $8.8 million in net revenue, 92% increase over Q2 2021 Achieved Adjusted EBITDA1 of $0.3 million in Q2 2022 2.7%2 national market share of flower and pre-rolls 8.6%3 national market share of premium flower and pre-rolls   VANCOUVER, British Columbia, Aug. 15, 2022 (GLOBE NEWSWIRE) — […]

Lowell Farms Inc. Announces Unaudited Second Quarter 2022 Financial and Operational Results

August 9th, 2022 - Ryan Allway

SALINAS, Calif., Aug. 09, 2022 (GLOBE NEWSWIRE) — Lowell Farms Inc. (the “Company”) (CSE: LOWL; OTCQX: LOWLF), a California-born innovator in cannabis cultivation and maker of the legendary brand Lowell Smokes, announces unaudited revenue and operating results for the second quarter (ended June 30, 2022). All figures stated are in US Dollars.   Second Quarter Financial Highlights: […]

Jones Soda Reports Second Quarter 2022 Results

August 4th, 2022 - Ryan Allway

– Eighth Consecutive Quarter of Year-Over-Year Revenue Growth – – Initial Mary Jones Cannabis Product Launch Beats Internal Expectations and Generates Enthusiastic Consumer Feedback and Demand –     SEATTLE, Aug. 04, 2022 (GLOBE NEWSWIRE) — Jones Soda Co. (CSE: JSDA, OTCQB: JSDA) (“Jones Soda” or the “Company”), the original craft soda known for its unconventional […]

Lifeist Reports Second Quarter 2022 Financial Results

July 28th, 2022 - Ryan Allway

Solid Performance Dampened by Australian Floods Australian Vapes Sales Return to Pre-Natural Disaster Levels in May Continued Improvements in Canadian Cannabis Operations   TORONTO, July 28, 2022 (GLOBE NEWSWIRE) — Lifeist Wellness Inc. (“Lifeist” or the “Company”) (TSXV: LFST) (FRANKFURT: M5B) (OTCMKTS: NXTTF), a health-tech company that leverages advancements in science and technology to build breakthrough […]

Turning Point Brands Announces Second Quarter 2022 Results

July 27th, 2022 - Ryan Allway

– Stoker’s continues to gain share with Zig-Zag’s US rolling papers and e-commerce subsegment recording another quarter of double digit growth   LOUISVILLE, Ky., July 27, 2022–(BUSINESS WIRE)–Turning Point Brands, Inc. (“TPB” or “the Company”) (NYSE: TPB), a manufacturer, marketer and distributor of branded consumer products, including alternative smoking accessories and consumables with active ingredients, announced […]

22nd Century Group (Nasdaq: XXII) to Announce Second Quarter 2022 Results on August 9, 2022

July 27th, 2022 - Ryan Allway

BUFFALO, N.Y., July 27, 2022 (GLOBE NEWSWIRE) — 22nd Century Group, Inc. (Nasdaq: XXII), a leading agricultural biotechnology company dedicated to improving human health with reduced nicotine tobacco, hemp/cannabis, and hops advanced plant technologies, will host a live webcast on Tuesday, August 9, 2022, at 10:00 AM ET to discuss its 2022 second quarter results, which […]

Grown Rogue Reports Second Quarter 2022 Results, 26% Sequential Revenue Growth, Positive Net Income and Record aEBITDA1

June 30th, 2022 - Ryan Allway

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

June 28th, 2022 - Ryan Allway

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 […]

Nextleaf Announces Q2 Results with Strong Revenue Growth in Vapes and CBD Oils

May 31st, 2022 - Ryan Allway

Vancouver, British Columbia–(Newsfile Corp. – May 31, 2022) – Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) (“Nextleaf” or the “Company“), a federally regulated manufacturer and distributor of cannabis vapes and oils, announced today its Q2 financial and operational results for the quarter ended March 31, 2022 (“Q2 2022“).   “Glacial Gold continues to establish […]

EnWave Reports 2022 Second Quarter Consolidated Interim Financial Results

May 27th, 2022 - Ryan Allway

VANCOUVER, British Columbia, May 27, 2022 (GLOBE NEWSWIRE) — EnWave Corporation (TSX-V: ENW | FSE:E4U) (“EnWave”, or the “Company”) today reported the Company’s consolidated interim financial results for the second quarter ended March 31, 2022. Q2 YTD royalties grew to $750K representing 55% growth in our high-margin royalty base year-over-year. NutraDried’s Q2 revenue grew by 142% relative […]

Cannara Biotech Inc. Reports Fiscal Second Quarter 2022 Financial Results

April 27th, 2022 - Ryan Allway

Company recorded $7.4 million in quarterly revenues and delivers fourth consecutive quarter of positive Adjusted EBITDA while continuing to rapidly scale production capacity at the Valleyfield Facility   Completed first harvest from the Valleyfield Facility with positive market feedback consistent with the quality of products Cannara is known for   All financial results are reported in Canadian […]


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