Q1 2022 Results
Red White & Bloom Reports Fourth Quarter, Full Year 2021 and First Quarter 2022 Financial Results
Full year 2021 revenue increased 193% to CDN $37.3 million, vs CDN $19.3 million in 20201 Record quarterly revenue for Q1 2022 of CDN $28 million with Gross Margin excluding biological assets of $11.3 million1 Gross Margin of CDN $23.2 million in fiscal 2021 vs Gross Margin of CDN $12.9 million in fiscal 20211 Adjusted […]
GABY Reports First Quarter Results for 2022
With the April 1st, 2021 acquisition of Mankind, a long standing California retail cannabis dispensary located in San Diego, GABY reported operating improvements as follows: Q1 revenue in 2022 of $7.3 million is up 115 % over the comparative period Q1 gross profit margin of 44% improved from 7% of the respective period last year, […]
Vext Announces Continued Growth in Q1 2022
Revenue of $10.8 million, +16% sequentially Adjusted EBITDA of $3.9 million, + 15% sequentially Cash flow from operations of $3.1 million The Company will hold a conference call and webcast on Tuesday, May 31, 2022 at 8am ET to review its financial results. VANCOUVER, BC, May 30, 2022 /CNW/ – Vext Science, Inc. (“VEXT” or the “Company”) (OTCQX: VEXTF) (CSE: VEXT) a cannabinoid brand leader […]
POSaBIT Reports First Quarter 2022 Financial Results
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 […]
Decibel Announces First Quarter Results with Record Net Revenue and Adjusted EBITDA
CALGARY, AB, May 25, 2022 /PRNewswire/ – Decibel Cannabis Company Inc. (the “Company” or “Decibel”) (TSXV: DB) (OTCQB: DBCCF), a premium cannabis producer, is pleased to announce its first quarter financial results for the three month period ending March 31, 2022. “Decibel remains on track to achieve its previously communicated targets, which is a testament to the focus on […]
LOS ANGELES, CA / ACCESSWIRE / May 24, 2022 / Marijuana Company of America, Inc. (OTC PINK:MCOA) (“the Company”), operates, invests, and acquires companies exclusively in the cannabis sector, today announced the financial results for the first quarter ended March 31, 2022. Here are some of the notable highlights for the QTR 1 2022: The […]
NEWPORT BEACH, CA / ACCESSWIRE / May 17, 2022 / Jacksam Corporation dba Convectium (OTCQB:JKSM) (“Jacksam” or “Convectium” or the “Company”), a workflow automation Company focused on developing system solutions for the cannabis and CBD industry, today announced financial and operational results for the three months ended March 31, 2022. Key Financial Highlights for Three […]
TORONTO, May 17, 2022 /CNW/ – Halo Collective Inc. (“Halo” or the “Company”) (NEO: HALO) (OTCQB: HCANF) (Germany: A9KN) today announced its financial and operational results for three months ended March 31, 2022 (“Q1 2022”). Halo’s book value- booking investments at actual adjust costs basis after impairments per IFRS guidelines- is $80.7 million. These actual results validate that the Company’s […]
The Greenrose Holding Company Reports First Quarter 2022 Results
Focus on Optimizing Inventory in Connecticut and Production Capacity in Arizona Improving Positioning for Early-Stage Recreational Market Opportunities Provides Revised Guidance for the Full Year Ended December 31, 2022 AMITYVILLE, N.Y., May 16, 2022 (GLOBE NEWSWIRE) — The Greenrose Holding Company Inc. (OTC: GNRS, GNRSW) (“Greenrose” or the “Company”), a multi-state grower and producer […]
Jones Soda Reports First Quarter 2022 Results
– Seventh Consecutive Quarter of Year-Over-Year Growth; Achieved Significant Year-Over-Year Revenue Growth within Three Year Turnaround Plan – – Announces Brand Partnerships for the Second Half of 2022 and Provides an Update on the Launch of Mary Jones Cannabis Products – SEATTLE, May 11, 2022 (GLOBE NEWSWIRE) — Jones Soda Co. (CSE: JSDA, OTCQB: […]
MariMed Reports First Quarter 2022 Earnings
Revenue Grew 27% Year Over Year Non-GAAP Adjusted EBITDA Grew 29% Year Over Year Company Maintains Full Year 2022 Guidance NORWOOD, Mass., May 10, 2022 (GLOBE NEWSWIRE) — MariMed, Inc. (OTCQX: MRMD) (“MariMed” or the “Company”), a leading multi-state cannabis operator focused on improving lives every day, today announced its financial results for the […]
Village Farms International Reports First Quarter 2022 Financial Results
Consolidated Revenue Increased 34% Year-Over-Year to $70.2 Million; Net Loss of $6.5 Million Primarily Due to Inflationary Pressures on Produce Business Canadian Cannabis Business Contributes Record 14th Consecutive Quarter of Positive Adjusted EBITDA Pure Sunfarms Remains Top-Selling Dried Flower Brand in Ontario, Alberta and British Columbia Integrations of Balanced Health Botanicals and Rose Lifescience Proceeding Well with Each Contributing Positive Adjusted EBITDA VANCOUVER, BC, May […]
AFC Gamma, Inc. Announces Financial Results for First Quarter 2022
WEST PALM BEACH, Fla., May 10, 2022 (GLOBE NEWSWIRE) — AFC Gamma, Inc. (NASDAQ:AFCG) (“AFCG” or “AFC Gamma”) today announced its results for the first quarter of 2022. First Quarter 2022 Highlights Net income of $10.2 million in Q1 2022, or $0.53 per basic weighted average share of common stock Distributable earnings1 of $11.9 […]
Village Farms International to Report First Quarter 2022 Financial Results on Tuesday, May 10, 2022
– First Quarter 2022 Financial Results Conference Call on Tuesday, May 10, 2022, at 8:30 a.m. ET – VANCOUVER, BC, May 2, 2022 /PRNewswire/ – Village Farms International, Inc. (“Village Farms” or the “Company”) (NASDAQ: VFF) today announced it will host a conference call to discuss its first quarter financial results on Tuesday, May 10, 2022, at 8:30 a.m. ET. Participants can […]
Turning Point Brands Announces First Quarter 2022 Results
Net Sales for Q1 2022 Zig-Zag and Stoker’s Products Increased 10.1 Percent Year-Over-Year LOUISVILLE, Ky., April 27, 2022–(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 […]
Grown Rogue Reports First Quarter 2022 Results, aEBITDA of $1.0M
Revenue of $3.73M compared to $1.05M in Q1 2021, an increase of 255% Gross profit, before fair value adjustments, of $2.03M compared to $0.50M in Q1 2021, an increase of 310% aEBITDA1 of $1.00M and aEBITDA1 margin of 26.9% compared to aEBITDA1 of $0.05M and aEBITDA1 margin of 4.8% in Q1 2021 Segmented aEBITDA1 (excluding corporate costs) of $1.43M and […]
1933 Industries Reports First Quarter 2022 Financial Results
VANCOUVER, BC / ACCESSWIRE / December 30, 2021 / 1933 Industries Inc. (the “Company” or “1933 Industries”) (CSE:TGIF)(OTCQB:TGIFF), a Nevada-focused cannabis consumer packaged goods company, is pleased to announce its first quarter (“Q1 2022”) financial results for the three months ended October 31, 2021. All amounts expressed are in Canadian dollars. Financial statements are prepared […]
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