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LATEST CANNABIS CONSUMER BRANDS STOCK NEWS


Glass House Brands Announces Appointment of John 'Jay' Nichols Jr. to its Board of Directors

Last Trade: 8.63 0.06 0.70

Company welcomes accomplished insurance and reinsurance executive with expertise in operations, financial reporting and corporate governance LONG BEACH, CA and TORONTO, May 20, 2024 /CNW/ - Glass House Brands Inc. ("Glass House" or the "Company") (CBOE CA: GLAS.A.U) (CBOE CA: GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF), one of the fastest-growing, vertically integrated cannabis companies in the U.S., today... Read more


4Front Ventures Reports First Quarter 2024 Results

Last Trade: 0.12 0.02 17.11

PHOENIX, May 17, 2024 /CNW/ - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company"), a vertically integrated multi-state cannabis operator and retailer, today announced its results for the quarter ended March 31, 2024. All financial information is presented in U.S. dollars unless otherwise indicated. Q1 2024 Financial Highlights GAAP revenue from continuing operations of $18.8... Read more


Delta 9 Cannabis Reports Financials for Q1 2024

Last Trade: 0.02 -0.0001 -0.59

WINNIPEG, MB – TheNewswire - May 15, 2024 – DELTA 9 CANNABIS INC. (TSX: DN) (OTC: DLTNF) (“Delta 9” or the “Company”), is pleased to announce financial and operating results for the three-month period ending March 31, 2024. Financial Highlights for the three-month period ending March 31, 2024 Net revenue of $16.5 million for the first quarter of 2024, a decrease of 2%, from $16.9 million for the same quarter... Read more


Village Farms: Introducing Kush God: the next big strain from Pure Sunfarms

Last Trade: 1.25 -0.04 -2.73

DELTA, British Columbia, May 16, 2024 (GLOBE NEWSWIRE) -- Pure Sunfarms Corp. (“Pure Sunfarms”), a leading producer in the Canadian cannabis market and wholly owned subsidiary of Village Farms International, Inc. (Nasdaq: VFF), expands its roster of quality dried flower with Kush God – a fresh cultivar of iconic lineage. The powerful new indica is a genetic powerhouse, from two iconic parent strains: Pink Kush and... Read more


Nature’s Miracle and Agrify Announces Signing of the Definitive Merger Agreement

Last Trade: 0.37 0.06 18.82

ONTARIO, Calif., May 16, 2024 (GLOBE NEWSWIRE) -- Nature's Miracle Holding Inc. (NASDAQ: NMHI; NMHIW) (“Nature’s Miracle” or the “Company”), a leader in vertical farming technology and infrastructure, and Agrify Corporation (NASDAQ: AGFY) (“Agrify”), announced today that both parties have signed a definitive agreement and plan of merger (“Agreement”) in which a new wholly-owned subsidiary of Nature’s Miracle will... Read more


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

Last Trade: 2.10 -0.03 -1.41

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


AYR Wellness Reports First Quarter 2024 Results

Last Trade: 2.64 0.04 1.54

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


Schwazze Announces First Quarter 2024 Financial Results

Last Trade: 0.52 -0.04 -6.91

Schwazze Management to Host Conference Call Today at 5:00 p.m. Eastern Time DENVER, May 15, 2024 /CNW/ - Medicine Man Technologies, Inc., operating as Schwazze, (OTCQX: SHWZ) (Cboe CA: SHWZ) ("Schwazze" or the "Company"), today announced financial and operational results for the first quarter ended March 31, 2024. "We delivered another period of revenue growth in Q1 as we further refined our retail strategy... Read more


Rubicon Organics Reports Q1 2024 Financial Results

Last Trade: 0.29 -0.01 -4.55

Achieved net revenue of $8.9 million for the three months ended March 31, 2024 Adjusted EBITDA1 loss of $0.4 million for the three months ended March 31, 2024 Negative operating cash flow of $0.9 million for the three months ended March 31, 2024 Number one premium licenced producer across all categories2 2.0%3 national market share of flower and pre-rolls for the three months ended March 31, 2024 7.1%4... Read more


LFTD Partners Reports First Quarter 2024 Financial Results

Last Trade: 0.92 0.07 8.24

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


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

Last Trade: 0.03 -0.004 -11.59

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


TILT Holdings Reports First Quarter 2024 Results

Last Trade: 0.04 -0.0014 -3.79

PHOENIX, May 15, 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, is reporting its financial and operating results for the three months ended March 31, 2024. All financial information is reported in U.S.... Read more


Aurora Cannabis Announces Appointment of New Director

Last Trade: 7.13 -0.27 -3.65

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


Organigram Reports Second Quarter Fiscal 2024 Results

Last Trade: 1.92 -0.07 -3.52

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


Avicanna Reports Q1 2024 and First Positive Adjusted EBIDTA Quarter

Last Trade: 0.27 0.00 0.00

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: 1.20 -0.03 -2.44

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


iAnthus Capital Holdings Reports First Quarter 2024 Financial Results

Last Trade: 0.02 0.001 5.26

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: 2.39 0.21 9.63

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


Rubicon Organic Launches 1964 Supply Co. Full Spectrum Extracts Vapes

Last Trade: 0.29 -0.01 -4.55

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: 0.07 0.0098 17.07

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 0.00 0.00

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: 1.25 -0.04 -2.73

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: 11.74 0.04 0.34

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 0.00 0.00

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: 4.97 0.10 2.05

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


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: 11.74 0.04 0.34

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: 5.26 -0.03 -0.57

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: 2.77 -0.01 -0.36

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: 2.36 -0.04 -1.67

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


Jushi Holdings Reports First Quarter 2024 Financial Results

Last Trade: 0.68 0.01 1.63

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


Verano Holdings Announces First Quarter 2024 Financial Results

Last Trade: 4.97 0.10 2.05

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: 12.64 0.26 2.10

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


Village Farms Reports Strong Q1/24 Results

Last Trade: 1.25 -0.04 -2.73

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: 0.24 -0.01 -4.00

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: 2.77 -0.01 -0.36

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

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