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Green Market Report news releases related Green Market Report news releases and Green Market Report press releases from 02/28/23 06:28:35 on US and Canada...
The Daily Hit is a recap of the top financial news stories for February 28, 2023. On the Site Green Thumb Industries Loses $51 Million in Q4 Despite Revenue Increase Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF) hit $1 billion in revenue for 2022, including a 6% uptick in...
Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF) hit $1 billion in revenue for 2022, including a 6% uptick in the fourth quarter to the tune of $259 million, and even turned a profit for the year of $12 million. But the company still lost $51 million in year’s final quarter, prim...
Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) posted earnings results on Tuesday that show the company trimming losses as it tries to profit in a crowded Canadian market suffering from a downward slide in prices. The fourth quarter and full-year financials were for the period ending Dec. 31,...
COMPASS Pathways plc (Nasdaq: CMPS)reported its financial results for the fourth quarter and year-end 2022. The company has no revenue to report at this time. For the fourth quarter, Compass delivered a net loss of $30.9 million, or $0.73 loss per share (including non-cash share-based compe...
Analysts seem to think Turning Point Brands (NYSE: TPB) may benefit from the courtroom controversy with competitor Raw Brands. In the company’s recent conference call regarding fourth-quarter earnings , two analysts asked about the issue. While they didn’t specifically s...
The Daily Hit is a recap of the top financial news stories for February 27, 2023. On the Site Cresco Labs, Columbia Care Push Megadeal to Summer 2023 Sunnyside dispensaries’ parent company Cresco Labs (OTCQX: CRLBF) and Cannabist owner Columbia Care Inc. (OTCQX: CCHWF) form...
Innovative Industrial Properties Inc. (NYSE: IIPR) saw its stock price jump quickly upon release of its fourth-quarter earnings from 2022, which revealed $70.5 million in revenues, a 20% jump from a year prior. IIP’s stock rose by 1.7% in after-hours trading on Monday following its...
Canadian extraction company Ayurcann Holdings Corp. (CSE: AYUR) (OTCQB: AYURF) reported solid revenue growth in its Dec. 31, 2022, earnings report, pointing to team and product expansions, as well as new partnerships. Gross revenue rose to C$4.4 million for the quarter, up 37% from last y...
Sunnyside dispensaries’ parent company Cresco Labs (OTCQX:CRLBF) and Cannabist owner Columbia Care Inc. (OTCQX:CCHWF) have formally agreed to extend the March 31, 2023, closing date of their $2 billion, all stock megadeal to June 30, 2023. In a statement on Monday, the tw...
Red Light Holland Corp. (CSE: TRIP) (OTCQB: TRUFF) reported its results for the third fiscal quarter of 2023 ending December 31, 2022. Red Light delivered revenue of $1.2 million vs last year’s $622 thousand for the same time period – an increase of 88.9%. The company also...
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