HEXO Reports Third Quarter 2022 Results This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated May 2, 2022 to its short form base shelf prospectus dated May 7, 2021 and amended and restated on May 25, 2021. (All $ figures in Canadian thousands unless otherwise stated) GATINEAU, […] READ MORE: https://www.newcannabisventures.com/hexo-q3-revenue-declines-14-sequentially-to-c45-6-million/
MARYSVILLE, Ohio, June 08, 2022 (GLOBE NEWSWIRE) — The Scotts Miracle-Gro Company (NYSE: SMG), the world’s leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, said consumer purchases of its core lawn and garden brands surged in May with unit volume now trending towards the Company’s original assumptions […] READ MORE: https://www.newcannabisventures.com/scottsmiracle-gro-expects-hawthorne-sales-to-decline-40-45-in-fiscal-2022/
There’s no respite for Aurora Cannabis investors! It has been a terrible year for growth investors. But for cannabis investors, it has been all the more awful, and there seems to be no respite! Once hot pot stock Aurora Cannabis (TSX:ACB)(NASDAQ:ACB) fell almost 45% last week. The stock has lost more than 80% since last year and 69% in 2022. The entire cannabis…
Net Sales for Q1 2022 Zig-Zag and Stoker’s Products Increased 10.1 Percent Year-Over-Year LOUISVILLE, Ky.–(BUSINESS WIRE)– Turning Point Brands, Inc. (“TPB” or “the Company”) (NYSE: TPB), a manufacturer, marketer and distributor of branded consumer products, including alternative smoking accessories and consumables with active ingredients, announced today financial results for the first quarter ended March 31, […] READ MORE: https://www.newcannabisventures.com/turning-point-brands-zig-zag-products-q1-revenue-decreases-1-sequentially-to-45-7-million/
TORONTO, April 1, 2022 /CNW/ – Halo Collective Inc. (“Halo” or the “Company”) (NEO: HALO) (OTCQB: HCANF) (Germany: A9KN) today announced its financial and operational results for the fourth quarter (“Q4 2021”) and full year ended December 31, 2021 (“FYE 2021”). www.haloco.com (CNW Group/Halo Collective Inc.) Fourth Quarter 2021 Financial Highlights: Revenue of $8.4 million, up $3.2 million, or 63%, compared to $5.1 million in Q4 2020.…
Harborside Inc. Announces Closing of First Tranche of Pelorus Debt Financing and Provides a Business Update OAKLAND, Calif. and TORONTO, Feb. 10, 2022 /PRNewswire/ – Harborside Inc. (“Harborside”, or the “Company”) (CSE: HBOR), (OTCQX: HBORF), a California-focused, vertically-integrated cannabis enterprise, is pleased to announce the closing of the first tranche of its previously announced US$77.3 […] READ MORE: https://www.newcannabisventures.com/harborside-closes-45-4-million-debt-with-pelorus/
MIAMI, Feb. 07, 2022 (GLOBE NEWSWIRE) — Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“Ayr” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator (MSO), today announced the opening of its 45th Florida dispensary, located in South Tampa. I’m proud to see our Florida team continue to thoughtfully expand our presence throughout the […] READ MORE: https://www.newcannabisventures.com/ayr-wellness-opens-45th-florida-dispensary-in-tampa/
CHICAGO, Dec. 21, 2021 (GLOBE NEWSWIRE) — Chicago Atlantic Real Estate Finance, Inc. (“REFI” or “the Company”), a leading institutional lender to state-licensed cannabis operators, today announced that Chicago Atlantic Lincoln, LLC (“Chicago Atlantic Lincoln”), its wholly-owned financing subsidiary, entered into an Amended and Restated Loan and Security Agreement by and among Chicago Atlantic Lincoln and two FDIC-insured financial institutions…
Flora Growth’s subsidiary, Vessel Brand, recently introduced new products for dry herb consumption and anticipates releasing additional products in 2022 FLGC acquired Vessel in a transaction that closed in November Founded in 2018, Vessel is an industry leader in the cannabis consumer technology and accessories space Flora Growth also announced a 2022 revenue guidance of $35-45 million CEO Luis Merchan…
Fire & Flower Announces Fiscal Third Quarter 2021 Financial and Operational Results Quarterly revenue increased 37% year-over-year to $45.4 million Sixth Consecutive Quarter of Positive Adjusted EBITDA of $2.1 million Hifyre™ Digital Retail and Analytics Platform generated $3.8 million in revenue for the quarter, an increase of 160% year-over-year Completed the acquisiton of PotGuide and the assets of Wikileaf […] READ MORE: https://www.newcannabisventures.com/fire-flower-q3-revenue-increases-37-to-45-4-million/
MIAMI & TORONTO–(BUSINESS WIRE)–Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator and manufacturer of global cannabis products, announced today 2022 revenue guidance of $35-45 Million. This incorporates revenue contributions from its various operating divisions, including recently acquired Vessel Brand and wholesale cannabis revenues from Cosechemos. Further, Flora Growth will hold a webinar on Tuesday, December…
Sugarmade (OTC: SGMD), an innovator in the dynamic California cannabis sector, is among companies welcoming Assembly Bill 45 (“AB-45”). The bill went into effect recently, creating a comprehensive regulatory framework for the manufacture and sale of hemp-derived products in California and setting a new focus on safety and consistency. Sugarmade is a California-based company that is committed to providing high-quality…