The cannabis extractor saw its share price slide 18 per cent after posting a sizeable decline in Q4 revenue
The producer's cash position looks grim going into the coming months
John Arbuthnot says cannabis companies through this cycle will start to trade at multiples of revenue, earnings and EBITDA more so than we've ever seen
Business professor says big canna needs to match illicit market on price and quality, and moving to outdoor production could be part of the solution
Canopy stock jumped almost 16 per cent on the third-quarter earnings report
The pot giant announced a third-quarter net loss of $1.3 billion and a 27 per cent decline in cannabis sales
Company says its quality cannabis 2.0 products will keep its revenues growing in future quarters
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.







































