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Welcome to our Cannabis Earnings series where we break down the latest earnings to help you focus on the most important topics. Introduction Canopy Growth ( CGC ) reported its fiscal 2020 first-quarter results last week, and investors were rattled by the disappointing quarter. The compan...
(Note: May/June revenue doesn't include flower sales, because Florida wasn't reporting flower sales yet.) Summary Trulieve ( OTCPK:TCNNF ) had a great quarter. They beat analysts' revenue expectations, earned the most revenue in U.S. cannabis, earned great gross margins, had terrific...
All dollar amounts herein refer to Canadian dollars unless otherwise noted. (Aphria and Tilray gross margins are estimated based on company filings; others are gross margins excluding fair value adjustments, as reported.) Summary Canopy Growth released earnings for the first qu...
source: Seeking Alpha Acreage Holdings, Inc. ( ACRGF ) must be kicking themselves after agreeing to be acquired by Canopy Growth if cannabis is ever legalized in the U.S. at the federal level. And if they aren't they should be. Even in it latest earnings report , Acreage management kep...
Acreage Holdings, Inc. (ACRGF) Q2 2019 Earnings Conference Call August 14, 2019 8:30 am ET Corporate Participants Steve West - Vice President, Investor Relations Kevin Murphy - Chairman and Chief Executive Officer Glen Leibowitz - Chief Financial Officer Conference Call Partic...
New York-based Acreage Holdings (OTCQX:ACRGF) has had a mixed few weeks. While Acreage stock hit a year-low last week ($10.81), the cannabis stock managed to climb nearly 3% at the start of this week. This increase was due to ACRGF announcing that it will be releasing new cannabis product...
Acreage Holdings ( OTCQX:ACRGF ): Q2 Non-GAAP EPS of -$0.20 misses by $0.03 ; GAAP EPS of -$0.40 misses by $0.20 . More news on: Acreage Holdings, Inc., Earnings news and commentary, Healthcare stocks news, Read more ...
NEW YORK, Aug. 13, 2019 (GLOBE NEWSWIRE) -- Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ) reported financial results for the quarter ended June 30 th , 2019. SECOND QUARTER FINANCIAL HIGHLIGHTS Reported second quarter revenue of $17.7...
NEW YORK, Aug. 13, 2019 (GLOBE NEWSWIRE) -- Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0ZV) announced that it has filed a (final) short form base shelf prospectus (the "Shelf Prospectus") with the securities regulatory authorities in each of ...
The cannabis industry is quickly emerging. Driven by regulatory changes around the world, the industry is expected to grow to be worth tens of billions of dollars annually over the next few years. The biggest of these opportunities lies in the United States. In fact, by 2025, experts expe...
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Consolidated revenue grew 84% to $58.1 million in the fourth quarter and 65% to $188.9 million for the full year Full year gross margin increased to 51% Achieved positive Adjusted EBITDA through fiscal 2021, an improvement of $54.1 million over 2020 ...
NEW YORK, March 08, 2022 (GLOBE NEWSWIRE) -- Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.A.U, ACRG.B.U), (OTC: ACRHF, ACRDF) , a multi-state operator of cannabis cultivation and retailing facilities in the U.S., today announced a licensing agreement w...
NEW YORK, March 04, 2022 (GLOBE NEWSWIRE) -- Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.A.U, ACRG.B.U), (OTCQX: ACRHF, ACRDF) , a vertically integrated, multi-state operator of cannabis cultivation and retailing facilities in the U.S., today anno...