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Cresco Labs Reports Continued Trend of Financial Improvement with First Quarter 2024 Financial Results

Last Trade: 2.02 0.01 0.50

Over 10x year-over-year increase in operating cash flow CHICAGO / May 15, 2024 / Business Wire / Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (“Cresco Labs” or the “Company”), the industry leader in branded cannabis products with a portfolio of America’s most popular brands and the operator of Sunnyside dispensaries, today released its financial and operating results for the first quarter ended March 31,... Read more


MediPharm Labs Reports First Quarter Results

Last Trade: 0.06 0.0004 0.64

Completes Major Steps Towards Profitability with Best Revenue and Adjusted EBITDA in Over Three Years TORONTO, May 15, 2024 /CNW/ - MediPharm Labs Corp. (TSX: LABS) (OTCQB: MEDIF) (FSE: MLZ) ("MediPharm", "MediPharm Labs" or the "Company") a pharmaceutical company specialized in precision-based cannabinoids announced its financial results for the three months ended March 31, 2024. Select Highlights... Read more


AYR Wellness Reports First Quarter 2024 Results

Last Trade: 2.55 0.13 5.37

Q1 Revenue up 3% Q/Q to $118.0 Million, Excluding Discontinued Operations Q1 GAAP Loss from Operations Improved to $2.0 Million, Excluding Discontinued Operations Q1 Adjusted EBITDA1 up over 10% Y/Y to $29.1 Million, with Adjusted EBITDA Margin of 25% Company generated free cash flow for the quarter and expects to for FY2024 MIAMI, May 15, 2024 (GLOBE NEWSWIRE) -- AYR Wellness Inc. (CSE: AYR.A, OTCQX:... Read more


Delivra Health Brands and LivRelief TM Report Positive Adjusted EBITDA(1) for Third Quarter of Fiscal 2024

Last Trade: 0.03 0.0005 1.57

Vancouver, British Columbia--(Newsfile Corp. - May 15, 2024) - Delivra Health Brands Inc. (TSXV: DHB) (OTCQB: DHBUF) ("Delivra Health" or the "Company"), a consumer packaged goods company uniquely positioned in the health and wellness sector, is pleased to announce its financial and operating results for the three and nine months ended March 31, 2024. The Delivra Health portfolio features innovative brands Dream... Read more


LFTD Partners Reports First Quarter 2024 Financial Results

Last Trade: 1.30 0.10 8.12

JACKSONVILLE, FL / ACCESSWIRE / May 15, 2024 / LFTD Partners Inc. ("LFTD Partners" or the "Company") (OTCQB:LIFD), the corporate parent of leading hemp and psychoactive products maker Lifted Made, today reported its financial results for the first quarter ended March 31, 2024. Financial results are reported in accordance with U.S. generally accepted accounting principles and all currency is in U.S. dollars. Income... Read more


Aurora Cannabis Announces Appointment of New Director

Last Trade: 7.00 0.32 4.79

Newly created directorship to be filled by Rajesh Uttamchandani EDMONTON, AB, May 15, 2024 /CNW/ - Aurora Cannabis Inc. (the "Company" or "Aurora") (NASDAQ: ACB) (TSX: ACB), the Canadian based leading global medical cannabis company, announced today the appointment of Rajesh Uttamchandani to the Company's Board of Directors (the "Board"), effective today. Mr.... Read more


CryoMass Technologies Announces Sale of First Production Model to be deployed in Canada

Last Trade: 0.04 0.0065 20.00

DENVER, May 14, 2024 (GLOBE NEWSWIRE) -- CryoMass Technologies Inc. (the “Company” or “CryoMass”) (OTCQB: CRYM), a pioneering leader in cryogenic systems for refinement of trichome-rich crops, today announced the sale of its first production model. As previously announced in January of this year, CryoMass entered into an agreement to sell up to five CryoSift Separators™ (“Units”). The transaction we are announcing... Read more


Organigram Reports Second Quarter Fiscal 2024 Results

Last Trade: 1.84 -0.005 -0.27

21% growth in recreational net revenue year-over-year First Jupiter private placement tranche closed adding $41.5 million of cash bringing Organigram's closing cash balance at quarter-end to $83.6 million Subsequent to quarter end, closed $28.8 million oversubscribed marketed offering, which when combined with the remaining two anticipated Jupiter tranches will increase cash position by additional $110... Read more


Glass House Brands Reports First Quarter 2024 Financial Results

Last Trade: 8.63 0.06 0.70

First Quarter 2024 Revenue was $30.1 million, exceeding guidance and up 9% year-over-year Biomass production reached 61,334 pounds in Q1, ahead of guidance and up 28% year-over-year with no expansion in cultivation footprint Cost per Equivalent Dry Pound of Production(1) was $182 per pound, a 7% decrease versus Q1 2023 Finished the First Quarter with a cash balance of $24 million Greenhouse 5 is now... Read more


CV Sciences Reports First Quarter 2024 Financial Results

Last Trade: 0.05 0.0001 0.19

SAN DIEGO, May 14, 2024 /PRNewswire/ -- CV Sciences, Inc. (OTCQB: CVSI) (the "Company", "CV Sciences", "our", "us" or "we"), a preeminent consumer wellness company specializing in hemp extracts and other proven science-backed, natural ingredients and products, today announced its financial results for the quarter ended March 31, 2024. First Quarter 2024 and Recent Financial and Operating Highlights Generated... Read more


Avicanna Reports Q1 2024 and First Positive Adjusted EBIDTA Quarter

Last Trade: 0.27 0.03 14.11

Best Quarterly Results in Company’s History from a Financial Perspective. EBITDA Improvements Driven by Record Revenues, Record Margins and Operational Efficiencies. Marketing Authorization of Trunerox™ in Colombia by INVIMA for Patients with LGS and DS in Colombia. TORONTO, May 14, 2024 (GLOBE NEWSWIRE) -- Avicanna Inc. (“Avicanna” or the “Company) (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN) a biopharmaceutical... Read more


Flora Growth Reports First Quarter 2024 Financial Results

Last Trade: 1.28 -0.07 -5.19

Fort Lauderdale, Florida--(Newsfile Corp. - May 14, 2024) - Flora Growth Corp. (NASDAQ: FLGC) ("Flora" or the "Company"), a consumer-packaged goods leader and pharmaceutical distributor, reported today its financial and operating results for the three months ended March 31, 2024. "2024 has been a catalyst-rich period for Flora. Legislators in the primary markets in which we operate, namely the U.S. and Germany,... Read more


Hydrofarm Announces First Quarter 2024 Results

Last Trade: 0.94 0.02 1.78

SHOEMAKERSVILLE, Pa., May 14, 2024 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. (“Hydrofarm” or the “Company”) (Nasdaq: HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture, today announced financial results for its first quarter ended March 31, 2024. First Quarter 2024 Highlights vs. Prior Year Period: Net... Read more


iAnthus Capital Holdings Reports First Quarter 2024 Financial Results

Last Trade: 0.02 0.0019 11.24

NEW YORK and TORONTO, May 14, 2024 /CNW/ - iAnthus Capital Holdings, Inc. ("iAnthus" or the "Company") (CSE: IAN) (OTCQB: ITHUF), which owns, operates, and partners with regulated cannabis operations across the United States, today reported its financial results for the first quarter ended March 31, 2024. The Company's Quarterly Report on Form 10-Q (the "Quarterly Report"), which includes its unaudited interim... Read more


Lowell Farms Announces Unaudited First Quarter 2024 Financial and Operational Results

Last Trade: 0.06 -0.02 -21.50

SALINAS, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- Lowell Farms Inc. (the “Company”) (CSE: LOWL; OTCQX: LOWLF), a California cannabis company with advanced distribution and production capabilities including extraction, manufacturing, sales and brand management, announces unaudited revenue and operating results for the first quarter of 2024 (ended March 31, 2024). All figures stated are in US Dollars. First Quarter... Read more


High Tide Opens First Canna Cabana in Pickering, Ontario

Last Trade: 2.30 0.06 2.68

CALGARY, AB, May 13, 2024 /CNW/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that its Canna Cabana retail cannabis store located at 1105 Kingston Road, Pickering Ontario will begin selling recreational cannabis products and consumption... Read more


CV Sciences Acquires Elevated Softgels, A Flexible, Low-Moq, Nutraceutical Manufacturer

Last Trade: 0.05 0.0001 0.19

SAN DIEGO, May 13, 2024 /PRNewswire/ -- CV Sciences, Inc. (OTCQB:CVSI) (the "Company", "CV Sciences", "our", "us" or "we"), a preeminent consumer wellness company specializing in hemp extracts and other proven science-backed, natural ingredients and products, today announced that it has consummated its purchase of Elevated Softgels, LLC ("Elevated Softgels"), a leading manufacturer of encapsulated... Read more


Avicanna Announces Results of Study in Patients with Epidermolysis Bullosa

Last Trade: 0.27 0.03 14.11

The study conducted at The Hospital for Sick Children evaluated wound healing, pain, and itch. 55% of patients enrolled in Study reported improvements in wound healing, 45% displayed wound stability. TORONTO, May 13, 2024 (GLOBE NEWSWIRE) -- Avicanna Inc. (“Avicanna” or “Company) (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN) a biopharmaceutical company focused on the development, manufacturing, and commercialization... Read more


Rubicon Organic Launches 1964 Supply Co. Full Spectrum Extracts Vapes

Last Trade: 0.27 -0.0021 -0.78

VANCOUVER, British Columbia, May 13, 2024 (GLOBE NEWSWIRE) -- Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon Organics”, “Rubicon”, or the “Company”), a licensed producer focused on cultivating and selling organic certified, premium cannabis, is thrilled to unveil its latest innovation - the 1964 Supply Co.™ Full Spectrum Extracts (FSE) Resin 510 Vapes. The 1964 Supply Co.™ portfolio... Read more


Willow Biosciences Reports First Quarter 2024 Financial Results And Provides Corporate Update

Last Trade: 0.06 -0.0026 -3.98

Company continues to advance its corticosteroid production platform and anticipates signing a large strategic partnership in Q2 2024 Signed two new program agreements, and advanced three programs to the next phase of development toward commercialization Willow reiterates its expectations of at least doubling its full year 2024 revenues SUNNYVALE, Calif., May 13, 2024 /CNW/ - Willow Biosciences... Read more


Auxly Cannabis Group Reports Record First Quarter 2024 Financial Results

Last Trade: 0.04 0.001 2.70

TORONTO, May 13, 2024 /CNW/ - Auxly Cannabis Group Inc. (TSX: XLY) (OTCQB: CBWTF) ("Auxly" or the "Company") a leading consumer packaged goods company in the cannabis products market, today released its financial results for the three months ended March 31, 2024.  These filings and additional information regarding Auxly are available for review on SEDAR at www.sedar.com. Q1 2024 Highlights... Read more


Village Farms Appoints Finance and Operations Veteran Carolyn Hauger to Board

Last Trade: 1.31 0.01 0.77

VANCOUVER, British Columbia and ORLANDO, Fla., May 13, 2024 (GLOBE NEWSWIRE) -- Village Farms International, Inc. (“Village Farms” or “the Company”) (NASDAQ: VFF) is delighted to announce that Carolyn Hauger has been appointed to its Board of Directors, effective immediately, and will stand for election at the Company’s annual shareholders meeting in June 2024. Ms. Hauger has extensive finance, operations... Read more


Trulieve Cannabis to Open Medical Cannabis Dispensary in Stuart, Florida

Last Trade: 11.87 -0.03 -0.25

New Martin County location will host grand opening celebration Friday, May 17th TALLAHASSEE, Fla., May 10, 2024 /CNW/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the U.S., today announced the opening of a new medical cannabis dispensary in Stuart, Florida. A grand opening celebration will be held Friday, May 17,... Read more


Vext Science Reports Financial Results for Q4 and Fiscal 2023

Last Trade: 0.23 0.0002 0.09

2023 Revenue of $34.8 million; Adjusted EBITDA1 of $5.5 million; EBITDA1 of $16.6 million. Generated YTD cash flow from operations of $4.4 million. Anticipated launch of adult-use program in Ohio expected to drive significant growth for Vext. On closing of Ohio Expansion Transaction, Vext will have an operating Tier I cultivation facility, an operating manufacturing facility, and four dispensaries in... Read more


Verano Holdings Accelerates Retail Expansion in Central Florida with the Opening of MÜV Haines City, the Company’s 75th Location in Florida and 140th Retail...

Last Trade: 5.60 0.68 13.82

Located at 127 U.S. Highway 17 92 W, MÜV Haines City bolsters the Company’s retail presence in Polk County, a region with more than 800,000 residents1 MÜV Haines City, the community’s first medical cannabis dispensary, complements nearby MÜV locations in Auburndale, Lakeland and Winter Haven Verano’s active operations span 13 states, comprised of 140 dispensaries and 14 cultivation and processing facilities,... Read more


Innocan Pharma Reports Breakthrough in a Pre-Clinical Trial: Liposomal-CBD Injection Restores Mobility to an Amputee Female Donkey

Last Trade: 0.23 0.00 0.00

HERZLIYA, Israel and ALGARY, AB , May 9, 2024 /CNW/ -- Innocan Pharma Corporation (CSE: INNO) (FSE: IP4) (OTCQB: INNPF) ("Innocan" or the "Company"), a pioneer in the pharmaceutical and biotechnology industries, is pleased to announce the successful pre-clinical treatment with a liposomal-CBD injection in a female donkey. Innocan's innovative therapy provided immediate noticeable pain relief and improved... Read more


TILT Holdings Secures Funding to Develop Vertical Strategy in Pennsylvania

Last Trade: 0.04 -0.0014 -3.79

PHOENIX, May 09, 2024 (GLOBE NEWSWIRE) -- TILT Holdings Inc. (“TILT” or the “Company”) (Cboe: TILT) (OTCQB: TLLTF), a global provider of cannabis business solutions including inhalation technologies, cultivation, manufacturing, processing, brand development and retail, announced today that an experienced retailer and operator (the “Lender”) will lend capital to TILT’s Pennsylvania subsidiary, Standard Farms... Read more


Trulieve Cannabis Reports First Quarter 2024 Results Demonstrating Core Business Strength and Cash Generation

Last Trade: 11.87 -0.03 -0.25

First quarter performance of $298 million in revenue, up 4% sequentially, and 58% gross margin Strong cash flow from operations of $139 million and free cash flow of $124 million* in Q1 2024 Definitive progress made on Smart and Safe Florida adult use initiative and federal rescheduling of cannabis to Schedule III TALLAHASSEE, Fla., May 9, 2024 /CNW/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF)... Read more


Curaleaf Reports First Quarter 2024 Results

Last Trade: 5.87 0.27 4.82

First quarter 2024 revenue of $339 million, representing an increase of 2% year-over-year and adjusted gross margin(1) of 48% First quarter 2024 adjusted EBITDA(1) of $77 million, representing 23% of revenue, a 40 basis point improvement year-over-year First quarter 2024 operating cash flow from continuing operations of $46 million and free cash flow(1) of $33 million Repurchased $15 million of our December... Read more


Cronos Group Reports 2024 First Quarter Results

Last Trade: 2.93 0.00 0.00

Industry-leading balance sheet with $855 million in cash and cash equivalents Net revenue in Q1 2024 increased by 30% year-over-year to $25.3 million Spinach® was top-3 in retail sales in Canada in the flower, edible, and vape categories in Q1 2024 Launched PEACE NATURALS® brand in the United Kingdom in May 2024 TORONTO, May 09, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON)... Read more


SNDL Reports First Quarter 2024 Financial and Operational Results

Last Trade: 2.62 0.22 9.17

The Company reports increased revenue year-over-year and record profit margin CALGARY, AB, May 9, 2024 /CNW/ - SNDL Inc. (NASDAQ: SNDL) ("SNDL" or the "Company") reported its financial and operational results for the first quarter ended March 31, 2024. All financial information in this press release is reported in millions of Canadian dollars unless otherwise indicated. SNDL has also posted a supplemental... Read more


Leafly Holdings Reports First Quarter 2024 Financial Results

Last Trade: 1.81 -0.05 -2.69

Delivered Q1 2024 revenue of $9.0 million Reported net loss of $2.4 million and adjusted EBITDA1 loss of $0.9 million Hires financial advisors, PGP and Benchmark, to explore financing and strategic opportunities SEATTLE / May 09, 2024 / Business Wire / Leafly Holdings, Inc. (“Leafly” or “the Company”) (NASDAQ: LFLY), a leading online cannabis discovery marketplace and resource for cannabis consumers, today... Read more


Jushi Holdings Reports First Quarter 2024 Financial Results

Last Trade: 0.69 0.03 4.33

Expanded Gross Profit Margin to 49.4% Following Strong Execution of Operational Improvement Plan Net Loss of $18.4 Million, Compared to $12.4 Million in Q1 2023 Grew Adjusted EBITDA and Adjusted EBITDA Margin to $13.3 Million and 20.4% Respectively Accelerated Product and Brand Development with the Launch of 443 New Unique SKUs in Q1 2024 BOCA RATON, Fla., May 09, 2024 (GLOBE NEWSWIRE) -- Jushi Holdings... Read more


Entourage Health Introduces New Product Launches and Expands Market Reach of Leading Brand Dime Bag

Last Trade: 0.0092 0.00 0.00

Entourage Unveils Exciting New Product Offerings Diversifying the Company’s Signature Brands Dime Bag® Widens Reach: Popular Offerings Now Across Alberta TORONTO, May 08, 2024 (GLOBE NEWSWIRE) -- Entourage Health Corp. (TSX-V: ENTG) (OTCQX: ETRGF) (FSE:4WE) ("Entourage" or the "Company"), an established Canadian producer and distributor of award-winning cannabis products, today unveiled the expansion of... Read more


Aurora Cannabis Marks First Shipment of Medical Cannabis to the New Zealand Market

Last Trade: 7.00 0.32 4.79

Canada's Leading Medical Cannabis Company Launches Premium Products Redefining Patient Care EDMONTON, AB, May 8, 2024 /CNW/ - Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB) the Canadian based leading global medical cannabis company, is proud to announce the arrival of Aurora branded medical cannabis products to the New Zealand market. This new line of premium dried flowers represents a... Read more


Verano Holdings Announces First Quarter 2024 Financial Results

Last Trade: 5.60 0.68 13.82

Generated $221 Million in Revenue, Exceeding Guidance Increased Gross Profit Margin by Nearly 300 Basis Points Year Over Year CHICAGO, May 08, 2024 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced its financial results for the first quarter ended March 31, 2024, which were prepared in accordance... Read more


Green Thumb Industries Reports First Quarter 2024 Results

Last Trade: 12.90 -0.11 -0.85

CHICAGO and VANCOUVER, British Columbia, May 08, 2024 (GLOBE NEWSWIRE) -- Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of RISE Dispensaries, today reported its financial results for the first quarter ended March 31, 2024. Financial results are reported in accordance with U.S. generally accepted... Read more


Charlotte's Web Reports 2024 First Quarter Financial Results

Last Trade: 0.18 0.00 0.00

LOUISVILLE, Colo., May 8, 2024 /CNW/ - (TSX: CWEB) (OTCQX: CWBHF), Charlotte's Web Holdings, Inc. ("Charlotte's Web" or the "Company"), the market leader in full-spectrum hemp extract wellness products, today reported financial results for the first quarter ended March 31, 2024. "The first quarter of 2024 started slowly in terms of sales volume. This is being addressed with solid progress in our 'True North'... Read more


Village Farms Reports Strong Q1/24 Results

Last Trade: 1.31 0.01 0.77

Total Sales Grow 21%, Net Loss Per Share Improves to ($0.03), Adjusted EBITDA Increases Six-Fold to $3.6 Million Canadian Cannabis Retail Net Sales Grow 28% Organically Year-Over-Year, with Positive Adjusted EBITDA and Positive Free Cash Flow Canadian Cannabis Expands Number 2 National Market Share Position1 Fresh Produce Delivers Profitability on Higher Year-Over-Year Sales and Improved EBITDA... Read more


MariMed Reports First Quarter 2024 Earnings

Last Trade: 0.26 -0.01 -3.77

NORWOOD, Mass., May 08, 2024 (GLOBE NEWSWIRE) -- MariMed Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, today announced its financial results for the first quarter ended March 31, 2024. “With the first quarter now in the books, I’m pleased to say we are on track with our strategic plan and financial targets,” said Jon... Read more


Cronos Group Enters United Kingdom Cannabis Market

Last Trade: 2.93 0.00 0.00

TORONTO, May 07, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) announced today that it is expanding its medical brand, PEACE NATURALS, into the United Kingdom market with its first shipment of cannabis flower to GROW® Pharma, a leading distributor of prescribed medicinal cannabis products in the UK. Cronos will provide high-quality premium cannabis products,... Read more


Ascend Wellness Announces Q1 2024 Financial Results

Last Trade: 1.28 0.04 3.23

Achieved $142.4M Net Revenue in Q1 2024, a 25% Increase Year-Over-Year and 2% Increase Quarter-Over-Quarter Reported $32.5 million in Adjusted EBITDA, a 39% Increase Year-Over-Year  Generated Positive Cash from Operations  NEW YORK, May 7, 2024 /CNW/ - Ascend Wellness Holdings, Inc. ("AWH," or the "Company" or "Ascend") (CSE: AAWH.U) (OTCQX: AAWH), a vertically integrated multi-state... Read more


Goodness Growth Announces First Quarter 2024 Results

Last Trade: 0.45 0.03 7.12

Q1 2024 revenue of $21.1 million excluding discontinued operations and NY increased 44.5% year-over-year  Submitted a substantial legal filing on May 2nd in the ongoing litigation with Verano  Company announces launch of Hi*AF and Boundary Waters branded beverages  MINNEAPOLIS, May 07, 2024 (GLOBE NEWSWIRE) -- Goodness Growth Holdings, Inc. ("Goodness Growth" or the "Company") (CSE: GDNS;... Read more


C21 Investments Announces Preliminary Year-End Results

Last Trade: 0.41 0.02 3.97

A 5th Consecutive Year of Positive Free Cash Flow VANCOUVER, BC, May 7, 2024 /CNW/ - C21 Investments Inc. (CSE: CXXI) and (OTCQX: CXXIF) ("C21" or the "Company"), a vertically integrated cannabis company, today announced its unaudited financial results for the fiscal year ended January 31, 2024. The Company's financial statements are prepared in accordance with U.S. Generally Accepted Accounting... Read more


High Tide Opens Second Canna Cabana in Ajax, Ontario

Last Trade: 2.30 0.06 2.68

New Store Represents Canna Cabana's 170th Location Nationwide CALGARY, AB, May 6, 2024 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that its Canna Cabana retail cannabis store located at 1949 Ravenscroft Road, Ajax, Ontario... Read more


Auxly Cannabis Group Announces Expansion Into Quebec And Launches New Transformative Pre-roll And Vape Innovation

Last Trade: 0.04 0.001 2.70

TORONTO, May 6, 2024 /CNW/ - Auxly Cannabis Group Inc. (TSX: XLY) (OTCQB: CBWTF) ("Auxly" or the "Company") a leading consumer packaged goods company in the cannabis products market, is pleased to announce that a curated selection of its branded products are now available online and in select retail stores in the province of Quebec.  The Company is also thrilled to introduce its latest array of... Read more


Verano Holdings Strengthens Connecticut Retail Footprint with the Opening of Zen Leaf Naugatuck, the Company’s Third Social Equity Joint Venture Location and...

Last Trade: 5.60 0.68 13.82

Situated in Naugatuck, a borough south of Connecticut’s capital with more than 31,000 residents1, Zen Leaf Naugatuck is the third of six planned social equity joint venture dispensaries the Company expects to open across the state, with 20 new team members hired locally Zen Leaf Naugatuck serves both medical patients and adult use customers, joining Verano’s existing vertical Connecticut operations that include... Read more


Tilray Launches XMG Zero, a New ‘Better for You’ Cannabis Beverage

Last Trade: 2.09 0.10 5.03

TORONTO, May 02, 2024 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company, today announced a bold new range of cannabis-infused beverages from XMG, under two of its sub-brands: XMG Zero and XMG Plus (“XMG+”). XMG Zero, an extension of XMG’s original core line, now offers two new THC beverages: Cream Soda Zero and Orange Soda... Read more


High Tide Opens Canna Cabana in Owen Sound, Ontario

Last Trade: 2.30 0.06 2.68

New Store Represents Canna Cabana's 60th Location in the Province of Ontario CALGARY, AB, May 2, 2024 /CNW/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that its Canna Cabana retail cannabis store located at 1660 20th Avenue East, Owen... Read more


SNDL: SunStream USA Poised to Acquire Cannabis Assets

Last Trade: 2.62 0.22 9.17

CALGARY, AB, May 2, 2024 /CNW/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL"), through its joint venture in SunStream Bancorp Inc. ("SunStream Bancorp"), today announced the SunStream USA group of companies (collectively, "SunStream USA Group") intends to proceed with the acquisition of equity positions in U.S. cannabis assets. This follows the completion of a review by SNDL's listing authority, Nasdaq.  SNDL has been in... Read more


Ovation Science Topicals Launch with Planet 13 in Nevada

Last Trade: 0.04 0.00 0.00

VANCOUVER, BC and LAS VEGAS, NV / ACCESSWIRE / April 30, 2024 / Ovation Science Inc. ("Ovation" or the "Company") (CSE:OVAT) (OTCQB:OVATF), with its proprietary topical and transdermal cannabis products powered by its patented skin delivery technology Invisicare®, today announced the official launch of its topical product line in Nevada with Planet 13 Holdings, Inc. (CSE:PLTH)(OTCQX:PLNH) ("Planet 13"). These... Read more


Aurora Cannabis Improves Offerings in Australia with New Range of Premium Dried Flower Products

Last Trade: 7.00 0.32 4.79

Canada's Leading Medical Cannabis Company and MedReleaf Australia Launch Innovative Product to Offer Greater Choice for Patients EDMONTON, AB, April 30, 2024 /CNW/ - Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB) – the Canadian based leading global medical cannabis company, in conjunction with MedReleaf Australia, is pleased to announce the expansion of its portfolio with the introduction of a... Read more


Hempacco and Illumination Brands Announce Letter of Intent for Potential Business Combination

Last Trade: 1.02 0.03 3.02

Business Combination Intended to Revolutionize the Beverage Industry, Introducing a Vertically Integrated Beverage and Snack Brand Incubator - Targeting $35 Million in Revenues in First Year A potential combination would create a powerhouse in the beverage and snack sector. Plans include continuing to innovate functional beverages. The new company would be called Illumination Brands, and it is expected to have... Read more


urban-gro Reports First Quarter 2024 Financial Results and Reaffirms Full Year 2024 Guidance

Last Trade: 1.85 0.00 0.00

Revenue of $15.5 million, representing a sequential increase of 4% over $15.0 million General and Administrative Expenses decreased $2.8 million to $4.3 million, as compared to $7.1 million in the prior year period, and decreased $1.2 million on a sequential basis as compared to the fourth quarter 2023 Net Loss of $2.1 million, a sequential improvement of $2.6 million and an improvement of $3.0 million versus... Read more


Entourage Health Reports Fiscal Year 2023 Financial Results and Posts $54 Million in Total Revenues

Last Trade: 0.0092 0.00 0.00

Gross profit before fair value changes reached $2.4 million, reflecting a 126% year-over-year increase. Company demonstrates financial gains with a 23% reduction in the cost of goods sold. SG&A declined 14% compared to the previous year. Color Cannabis secures a #6 spot in the national pre-roll market. TORONTO, April 30, 2024 (GLOBE NEWSWIRE) -- Entourage Health Corp. (TSX-V: ENTG) (OTCQX: ETRGF) (FSE:... Read more


BioHarvest Sciences Reports Fourth Quarter and Full Year 2023 Financial Results

Last Trade: 0.18 0.0008 0.46

FY 2023 Revenue Increased 2.3x to $12.7 Million USD The Company expects Q1 2024 Revenue to be in the range of $5.2 million to $5.3 million and is providing Q2 2024 Revenue Guidance of $5.7-$6.0 million Management pursuing Nasdaq listing by end of year. General and Special meeting called to approve share consolidation and additional independent director to comply with Nasdaq listing requirements Vancouver,... Read more


Cansortium Reports Fourth Quarter and Full Year 2023 Results

Last Trade: 0.18 -0.0001 -0.06

Q4 Revenue up 9% YoY to a Record $25.5 Million 9th Consecutive Quarter of Positive Cash Flow from Operations TAMPA, Fla., April 29, 2024 (GLOBE NEWSWIRE) -- Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) (“Cansortium” or the “Company”), a vertically-integrated, multi-state cannabis company operating under the FLUENT™ brand, today announced financial and operating results for the fourth quarter and full year... Read more


Cannara Biotech Reports Q2 2024 Financial Results

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Net revenue, increased to $19.7 million in Q2 2024 from $13.0 million in Q2 2023, a 51.0% increase. Gross profit, before fair value adjustments, increased to $7.1 million in Q2 2024 from $4.0 million in Q2 2023, a 77.2% increase. Delivered a twelfth consecutive quarter of positive Adjusted EBITDA1 of $3.5 million. All financial results are reported in Canadian dollars, unless otherwise... Read more


Red White & Bloom Reports its Fiscal 2023 Annual Results and records an increase in Adjusted EBITDA and Gross Profit for a second consecutive fiscal year

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Annual revenue for fiscal 2023 increases to $88.3 million Gross profit for fiscal 2023 of $29.5 million, a $6.8 million, or 30%, increase from $22.7 million for fiscal 20221 Adjusted EBITDA2 for fiscal 2023 increases to $5.5 million TORONTO, April 29, 2024 (GLOBE NEWSWIRE) -- Red White & Bloom Brands Inc. (CSE: RWB) (“RWB” or the “Company”) is pleased to report it has filed its Consolidated Audited... Read more


RIV Capital Reports Financial Results for the Fiscal Quarter and Nine-Month Transition Period Ended December 31, 2023

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Etain received New York Cannabis Control Board approval to commence adult-use operations in New York Ended the year with $81.9 million of cash to support operationalization of New York market and growth initiatives Reported net loss of $47.3 million for the quarter, primarily related to a non-cash pre-tax impairment charge on goodwill and intangible assets of $48.7 million Subsequent to period end, Etain... Read more

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