Q2 2023 Results
Strongest adjusted margins1 to date of 54%, demonstrating an increase from adjusted gross margins of 43% in Q2 of 2022 Adjusted gross profit1 of $4.5 million in Q2 2023, compared with $4.3 million in Q2 2022, representing a 6.3% increase year-over-year Continued strong sales growth in Vermont, with revenue increasing by $1.8 million and $3.87 million, for […]
VANCOUVER, British Columbia, Aug. 22, 2023 (GLOBE NEWSWIRE) — LEEF Brands, Inc. (“LEEF” or the “Company”) (CSE: LEEF, OTC: LEEEF) a premier vertical cannabis operator, is pleased to report its financial results for the three and six months ended June 30, 2023. All currency references used herein are in United States dollars unless otherwise noted. […]
Revenue up 18% Y/Y to $116.7 Million, Excluding Discontinued Operations Company Delivers Record Adjusted EBITDA1 of $29.4 Million, up 78% Y/Y, 12% Sequentially, with Adjusted EBITDA Margin of 25% GAAP Loss from Operations Improved 81% Y/Y, 79% Sequentially to $(4.5) Million, Excluding Discontinued Operations MIAMI, Aug. 17, 2023 (GLOBE NEWSWIRE) — AYR Wellness Inc. (CSE: AYR.A, […]
Most profitable pure play public cannabis company in Canada1,2 CALGARY, AB, Aug. 17, 2023 /CNW/ – Decibel Cannabis Company Inc. (the “Company” or “Decibel”) (TSX-V: DB) (OTCQB: DBCCF), a market leader in premium cannabis and extract manufactured products, is pleased to announce its interim financial results for the three and six month periods ending June 30, 2023. Decibel […]
–Cash increased to $22.7 million from $16.4 million in Q1 2023, as operating cash flow reached a record $8.3 million – Adjusted EBITDA1 was $9.5 million versus a $0.1 million loss in Q1 2023 -Revenue was $44.7 million, up 54% sequentially and 171% year-over-year -Gross margin was 55% versus 41% in Q1 2023, and 2% in the prior year period -Q2 Biomass production2 was up 311% year-on-year […]
Bottom Line Continued to Improve with Further Reductions in Operating Expenses and Gross Margin Expanding by 440 Basis Points SEATTLE, Aug. 09, 2023 (GLOBE NEWSWIRE) — Jones Soda Co. (CSE: JSDA, OTCQB: JSDA) (“Jones Soda” or the “Company”), the original craft soda known for its unconventional flavors and user-submitted photo labels, announced its financial […]
Endexx Consolidated Q2 Year-over-Year Quarterly Sales Increased 865% CAVE CREEK, AZ, May 22, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Endexx® Corporation (OTC: EDXC), a provider of innovative plant-based wellness and nutritional products, today announced the filing of its Form 10-Q for its second quarter ending March 31, 2023. Endexx reported the consolidated second quarter unaudited […]
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 […]
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 […]
– Receives all regulatory approvals for the final closing of the previously announced Etain Transaction, which is expected to occur by year end TORONTO, Nov. 29, 2022 /PRNewswire/ – RIV Capital Inc. (“RIV Capital” or the “Company“) (CSE: RIV) (OTC: CNPOF), an acquisition and investment firm with a focus on building a leading multistate platform with one […]
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