Earnings

The company's EBITDA sank again to a negative $66 million

The company sold 2,840 kilograms of weed at a profit margin of 96 %

The extract-focused company posted a 17 per cent drop in gross margin quarter-over-quarter (updated)

Only 30% of its product made it to market due to licensing issues, the Ontario producer says

The best way to ride the green wave is to service it

Shares of Curaleaf jump on its positive third quarter report

Up to $216 million of debentures will be converted

The Florida-based weed retailer continued its dominance in the Sunshine State posting a sparkling US$60 million net income

Missed objectives and a flop in sales dropped the company's stock to a two-year low

The Canadian cannabis titan’s quarterly report shows its biggest revenue drop since legalization

Analysts warn investors to "expect weakness from this earnings season," as many companies report declining recreational cannabis sales in the Canadian market

The vertically integrated medicinal cannabis company's inaugural outdoor harvest yielded 10,300 kilograms of dried cannabis flower and cost just 10 cents per gram to produce

The New York-based company is the largest multi-state operator to enter Colorado's US$1.46 billion cannabis market with its acquisition deal for The Green Solution

Aegis Brands will become the parent company and will continue to operate Second Cup locations while also opening foodservice and cannabis businesses

Shares of Hexo have tumbled 45 per cent since early October after the embattled cannabis producer has drawn negative headlines including a larger-than-expected fourth-quarter loss

The layoffs will cut jobs in all departments across all locations, including some of the company's executive positions.

Millennial males buy over half of all cannabis sold in Washington's online stores, but generation Z is the fastest expanding market according to a new study by Headset.

Canadian cannabis producer Aphria Inc. became the first major pot company to report a second consecutive quarter of profits, despite an industry-wide slump.

Revenues grew 281 per cent for the Calgary-based company, but it also recorded a $3.7 million loss in the last quarter.

Shares of the Edmonton-based pot producer dropped 9% Sept. 12 as it posted $99 million in Q4 revenue, which was below its own August guidance and analysts expectations.

The company's Las Vegas pot store is not only the world's largest attracting more than 115,000 visitors in August, but it accounts for almost 10% of the Nevada cannabis market alone.

The Denver-based company recorded a 35% jump in revenue from last quarter as it saw increased demand for its distinct cannabis brand in California and Michigan.

The Ottawa-based pot firm saw its revenues surge from its California operations, and it expects further growth once its acquisition by Chicago-based Cresco Labs is approved and closes.

Despite Curaleaf reporting wider losses and lower-than-expected revenues in the second-quarter, investors remained upbeat on its more than US$1-billion revenue guidance for 2020.

Analysts have been bullish on the U.K. drugmaker raising estimates and price targets after its second-quarter sales easily surpassed expectations.

Shares of the Colorado-based CBD company slumped after it posted a decline in profit, as investors appear to be worried about how long it will take for the FDA to issue its CBD rules.

Shares of Canopy sunk to their lowest level this year, as the Ontario-based cannabis giant saw pot sales decline in Canada for the third straight quarter while losses continue to pile.

Acreage shares fell 10 per cent after it posted a second-quarter loss of US$33.9 million, but the American pot firm said it plans to open up pot shops under Canopy's brands across the U.S.

Shares of the B.C.-based pot producer tumbled after it posted a wider-than-expected loss for the second quarter and despite revenues nearly doubling from the last quarter.

While investors brace for cannabis companies to post quarterly losses, the Barrie, Ont.-based pot extractor reported a second-quarter profit ahead of the launch of Cannabis 2.0 products.

In previous years greenhouse operator Village Farms mainly grew tomatoes, but now the Vancouver-based company cannabis joint venture is helping it turn bigger quarterly profits.

As the cannabis industry reaches the heart of earnings season, investors are looking for profits and weren't impressed with Cronos CEO's second-half spending projections in its Q2 report.

Shares of Aurora rose after the Edmonton-based pot company estimated its fourth quarter production available for sale could reach 30,000 kilograms, up 5,000 kilograms from its previous guidance report.

The Ontario-based pot firm posted a profit of $15.8 million in its fourth quarter on a net revenue of $128.6 million fueled by a jump in Canadian recreational cannabis sales.

But Canada's largest pot retailer posted a net loss of $4.8 million in its third quarter as expenses continue to mount for the company that now has 34 stores open.

The Moncton, N.B.-based company reported third-quarter losses and an eight per cent drop in sales as Ontario cannabis reorders also waned in the quarter that ended May 31.

Canopy Growth Corp. has been the cannabis industry's top dog by market capitalization so far, but U.S. companies are growing fast and could take over top spot.

The Calgary-based cannabis retailer saw its sales jump to $6.6 million during its last quarter when it also opened three stores in Ontario and its 15th location in Alberta under its Canna Cabana brand.