Financial highlights


Decibel Announces Record Second Quarter Results with $30.9 Million of Net Revenue, $7.3 Million of Adjusted EBITDA, and Positive Free Cash Flow

August 17th, 2023 - Ryan Allway

Most profitable pure play public cannabis company in Canada1,2 CALGARY, AB, Aug. 17, 2023 /CNW/ – Decibel Cannabis Company Inc. (the “Company” or “Decibel”) (TSX-V: DB) (OTCQB: DBCCF), a market leader in premium cannabis and extract manufactured products, is pleased to announce its interim financial results for the three and six month periods ending June 30, 2023.   Decibel […]

Glass House Brands Reports Record Second Quarter 2023 Financial Results

August 14th, 2023 - Ryan Allway

–Cash increased to $22.7 million from $16.4 million in Q1 2023, as operating cash flow reached a record $8.3 million – Adjusted EBITDA1 was $9.5 million versus a $0.1 million loss in Q1 2023 -Revenue was $44.7 million, up 54% sequentially and 171% year-over-year -Gross margin was 55% versus 41% in Q1 2023, and 2% in the prior year period -Q2 Biomass production2 was up 311% year-on-year […]

Endexx Announces Record Fiscal Second Quarter 2023

May 22nd, 2023 - Ryan Allway

Endexx Consolidated Q2 Year-over-Year Quarterly Sales Increased 865%   CAVE CREEK, AZ, May 22, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Endexx® Corporation (OTC: EDXC), a provider of innovative plant-based wellness and nutritional products, today announced the filing of its Form 10-Q for its second quarter ending March 31, 2023.  Endexx reported the consolidated second quarter unaudited […]

Decibel Announces Year End and Fourth Quarter Results with Record Fourth Quarter $25.8 Million Net Revenue and $7.1 Million Adjusted EBITDA

April 24th, 2023 - Ryan Allway

CALGARY, AB, April 24, 2023 /CNW/ – Decibel Cannabis Company Inc. (the “Company” or “Decibel”) (TSXV: DB) (OTCQB: DBCCF), a market leader in premium cannabis and extract manufactured products, is pleased to announce its audited financial results for the three and twelve month periods ending December 31, 2022.   Decibel Cannabis logo (CNW Group/Decibel Cannabis Company Inc.) “Our […]

Unrivaled Brands Reports Fourth Quarter and Full Year 2022 Financial Results

April 10th, 2023 - Ryan Allway

Company Reports Net Income and Positive EBITDA in Q4 2022   SANTA ANA, Calif., April 10, 2023 (GLOBE NEWSWIRE) — Unrivaled Brands, Inc. (OTCQB: UNRV) (“Unrivaled” or the “Company”), a cannabis company with operations throughout California, today reported financial results for the fourth quarter and year ended December 31, 2022.   Fourth Quarter 2022 Highlights Unrivaled […]

Rubicon Organics Reports Fourth Quarter and Full Year 2022 Financial Results

April 3rd, 2023 - Ryan Allway

Achieved Adjusted EBITDA1 of $1.9 million for the year ended December 31, 2022 57% net revenue growth to $35.5 million in 2022 compared to 2021 Achieved operating cash flow of $2.0 million for the year ended December 31, 2022 6.3%2 national market share of premium flower and pre-rolls in 2022   VANCOUVER, British Columbia, April 03, 2023 […]

Delta 9 Reports Year-end Financials for 2022

March 31st, 2023 - Ryan Allway

WINNIPEG, Manitoba, March 31, 2023 (GLOBE NEWSWIRE) — DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) (“Delta 9” or the “Company”) is pleased to announce financial and operating results for the three-month and full year ending December 31, 2022.   Financial Highlights for the Year Ending December 31, 2022 Net revenues of $63.2 million in […]

Grown Rogue Reports First Quarter 2023 Results, Record Operating Cash Flow and Free Cash Flow

March 28th, 2023 - Ryan Allway

Revenue of $4.5M compared to $3.7M in Q1 2022, an increase of 21% Operating Cash Flow (OCF), before changes in working capital (WC), of $1.3M compared to $0.5M in Q1 2022, an increase of 176% Free Cash Flow1 (FCF) of $0.8M, after $0.4M spend on WC and capital expenditures Ended quarter with $3.5M of cash on hand, after $0.4M in debt repayment in the quarter Closed a $2.0M convertible debenture financing at 9% […]

IGC Reports Financial Results for Third Fiscal Quarter Ended Dec. 31, 2022

February 14th, 2023 - Ryan Allway

POTOMAC, Md., Feb. 14, 2023 (GLOBE NEWSWIRE) — via InvestorWire — India Globalization Capital, Inc. (dba IGC, Inc.) (NYSE American: IGC) (“IGC” or the “Company”) today reported its third fiscal quarter 2023 financial results.   Third Fiscal Quarter 2023 Highlights: The Company expanded the number of sites participating in its Phase 2 clinical trial on […]

cbdMD Posts $15 Million in Net Income Improvement over Prior Year Quarter

February 13th, 2023 - Ryan Allway

Company continues to make headway despite challenging consumer environment.   Charlotte, North Carolina–(Newsfile Corp. – February 13, 2023) – cbdMD, Inc. (NYSE American: YCBD) (NYSE American: YCBDpA), one of the nation’s leading and most highly trusted and recognized CBD companies, and operator the leading CBD brands – including its flagship brand cbdMD, and its animal health […]

Delivra Health and its Brands LivRelief (TM) and Dream Water (TM) Report Continued Improvement in Adjusted EBITDA(1) Results for First Quarter of Fiscal 2023

November 28th, 2022 - Ryan Allway

Vancouver, British Columbia–(Newsfile Corp. – November 28, 2022) – Delivra Health Brands Inc. (TSXV: DHB) (OTCQB: DHBUF) (formerly, Harvest One Cannabis Inc.) (“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 months ended […]

Flora Growth Reports Third Quarter 2022 Financial Results

November 28th, 2022 - Ryan Allway

Revenue for the three-month period ended September 30, 2022 was $10.8 million, an increase of 414% year over year Revenue for the nine-month period ended September 30, 2022 was $25.7 million, an increase of 510% year over year Gross profit for the three-month period ended September 30, 2022 was $5.0 million, an increase of 703% […]

Leafbuyer Announces Continued Strong Sales with a 33% increase in Quarterly Revenue

November 15th, 2022 - Ryan Allway

Financial Highlights: Revenue rose to $1,128,665 from $851,693 in the current quarter, compared to a year ago Gross Profit increased to $476,145 from $221,157 in the same period Operating Expenses decreased from $809,639 to $635,136 Revenue Increased 33% while Selling Expenses decreased 30%, based on expanding margins Gross Profit Increased 115% year to year   […]

AYURCANN REPORTS 2022 FINANCIAL RESULTS FEATURING A 45.17% INCREASE IN GROSS REVENUE

October 28th, 2022 - Ryan Allway

Toronto, Ontario, Oct. 28, 2022 (GLOBE NEWSWIRE) — Ayurcann Holdings Corp. (CSE: AYUR, OTCQB: AYURF, FSE: 3ZQ0) (“Ayurcann” or the “Company”), a leading Canadian cannabis extraction company specializing in the processing and co-manufacturing of pharma grade cannabis and hemp to produce various derivative cannabis 2.0 and 3.0 products in the medical and recreational market, is pleased to announce its financial […]

C21 Investments Announces Q2 Earnings Results

September 21st, 2022 - Ryan Allway

US$0.02 GAAP Earnings Per Share and a Thirteenth Consecutive Quarter of Positive Free Cash Flow   VANCOUVER, BC, Sept. 21, 2022 /CNW/ – C21 Investments Inc. (CSE: CXXI) (OTCQX: CXXIF) (“C21” or the “Company“), a vertically integrated cannabis company, today announced its interim financial statements and management discussion and analysis for the second quarter ended July 31, 2022. The […]

IM Cannabis Reports Record Second Quarter 2022 Financial Results; Revenues Increase 114% YoY to $23.8 Million

August 15th, 2022 - Ryan Allway

Gross margin of 24%, which is expected to increase with further asset integration, product availability, and operational improvements Approximately $6.5 million per year in expected cash cost savings from streamlining operations in Canada and closure of Israeli cultivation farm   TORONTO and GLIL YAM, Israel, Aug. 15, 2022 /PRNewswire/ — IM Cannabis Corp. (the “Company“, “IM Cannabis“, or “IMC“) (CSE: IMCC) (NASDAQ: IMCC), a […]

Rubicon Organics Reports Second Quarter 2022 Financial Results

August 15th, 2022 - Ryan Allway

Record sales, first quarter of profitability and growing share of premium market $8.8 million in net revenue, 92% increase over Q2 2021 Achieved Adjusted EBITDA1 of $0.3 million in Q2 2022 2.7%2 national market share of flower and pre-rolls 8.6%3 national market share of premium flower and pre-rolls   VANCOUVER, British Columbia, Aug. 15, 2022 (GLOBE NEWSWIRE) — […]

Lowell Farms Inc. Announces Unaudited Second Quarter 2022 Financial and Operational Results

August 9th, 2022 - Ryan Allway

SALINAS, Calif., Aug. 09, 2022 (GLOBE NEWSWIRE) — Lowell Farms Inc. (the “Company”) (CSE: LOWL; OTCQX: LOWLF), a California-born innovator in cannabis cultivation and maker of the legendary brand Lowell Smokes, announces unaudited revenue and operating results for the second quarter (ended June 30, 2022). All figures stated are in US Dollars.   Second Quarter Financial Highlights: […]

POSaBIT Reports First Quarter 2022 Financial Results

May 26th, 2022 - Ryan Allway

Revenue increased 79% to $6.4 Million Exited First Quarter with Largest Monthly Transactional Sales Volume Reiterates Full Year 2022 Revenue Guidance of $37 to $40 Million     TORONTO & SEATTLE, May 26, 2022–(BUSINESS WIRE)–POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), the leading provider of payments infrastructure in the cannabis industry, today announced its financial […]

Power REIT Announces Fourth Quarter and Full Year 2021 Results – Net Income Per Share Increased 42% Core FFO Per Common Share Increased 44%

April 1st, 2022 - Ryan Allway

Old Bethpage, New York, April 01, 2022 (GLOBE NEWSWIRE) — Power REIT (NYSE-AMEX: PW and PW.PRA) (“Power REIT” or the “Trust”), with a focused “Triple Bottom Line” strategy and a commitment to people, planet, and profit, today announced that it is providing an update that includes highlights of the Trust’s financial and operating results for […]

Delta 9 Reports Financials for Q2 2021

August 16th, 2021 - Ryan Allway

WINNIPEG, Manitoba, Aug. 16, 2021 (GLOBE NEWSWIRE) — DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) (“Delta 9” or the “Company”), is pleased to announce financial and operating results for the three-month and six-month period ending June 30, 2021.   Financial Highlights for the three-month period ending June 30, 2021 Net revenue of $16.75 million […]


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