Q1 Results


High Tide Reports Q1 2022 Financial Results Featuring Record Revenue of $72 Million, Increasing 34% Sequentially, and Adjusted EBITDA of $3 Million, Representing an 80% Sequential Increase

March 17th, 2022 - Ryan Allway

Company Reports Second-Highest Quarterly Revenue Figure Ever by a Cannabis Company Reporting in Canadian Dollars CALGARY, Alberta, March 17, 2022–(BUSINESS WIRE)–High Tide Inc. (“High Tide” or the “Company“) (NASDAQ: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, filed its financial results for the first fiscal […]

Lotus Reports First Quarter Fiscal 2022 Results

February 1st, 2022 - Ryan Allway

VANCOUVER, BC / ACCESSWIRE / February 1, 2022 /Lotus Ventures Inc. (CSE:J)(OTC PINK:LTTSF) (“Lotus” or the “Company“), announced today financial results for its first fiscal quarter ended November 30, 2021. During the quarter the Company realized a slowdown in sales due to COVID limitations, supply chain disruptions and less volume of product purchased by wholesale partners. […]

InMed Pharmaceuticals Reports First Quarter Fiscal 2022 Financial Results and Provides Business Update

November 10th, 2021 - Ryan Allway

VANCOUVER, British Columbia., Nov. 10, 2021 (GLOBE NEWSWIRE) — InMed Pharmaceuticals Inc. (“InMed” or the “Company”) (Nasdaq: INM), a leader in the development, manufacturing and commercialization of rare cannabinoids, today announced financial results for the first quarter of fiscal year 2022 which ended September 30, 2021.   “The first quarter of fiscal 2022 saw positive momentum […]

Ionic Brands Corp. Announces Record First Quarter of 2021 Proforma Financial Results and Provides Business Update

June 28th, 2021 - Ryan Allway

TACOMA, WA / ACCESSWIRE / June 28, 2021 / IONIC BRANDS CORP. (CSE:IONC)(OTC PINK:IONKF)(FRA:IB3A) (“IONIC BRANDS” or the “Company”) is a regional manufacturer of innovative cannabis consumables and concentrate extract products. The Company is pleased today to be reporting its proforma, unaudited financial results for the three months ended March 31, 2021. All currency references used […]

4Cable TV International, Inc. Announces:

June 7th, 2021 - Ryan Allway

The Filings Of First Quarter Financials And All Pending Disclosures With The Lawyer Opinion Letter. Subsidiaries Report Progress And Announce UPICK Weekends 2nd Edition At CIGN Farm Begins The 12th And 13th Of June. The Sale Of 24 Grow Containers To Can It Holdings De Puerto Rico For A Total Of $1,560,000.00 And More. The […]

Marijuana Company of America, Inc. Reports First Quarter 2021 Financial Results and Provides Corporate Update

June 2nd, 2021 - Ryan Allway

ESCONDIDO, CA / ACCESSWIRE / June 2, 2021 / Marijuana Company of America, Inc. (OTC PINK:MCOA), a diversified holding company with operations and investments in various private and publicly traded companies diversified throughout the cannabis industry, today announced its financial results for the quarter ended March 31, 2021, and provided an update on its corporate developments. […]

Inner Spirit Holdings Announces Strong First Quarter 2021 Financial Results Highlighted by Fourth Consecutive Quarter of Positive Adjusted EBITDA(1) and Positive Cash Flow

May 31st, 2021 - Ryan Allway

Sale of Canada’s largest single brand network of 92 retail cannabis stores to Sundial Growers for $131 million announced earlier in May   CALGARY, AB, May 31, 2021 /CNW/ – Inner Spirit Holdings Ltd. (“Inner Spirit” or the “Company“) (CSE: ISH) (OTCQB: INSHF), a Canadian company that has established a national network of Spiritleaf retail cannabis stores, today announced it has […]

Jushi Holdings Inc. Reports First Quarter 2021 Financial Results and Delay in Filing of Annual and 2021 Q1 Filings

May 28th, 2021 - Ryan Allway

First Quarter 2021 Highlights Total revenue of $41.7 million, an increase of 29.0% sequentially Gross profit of $20.1 million, an increase of 14.1% sequentially Net loss of $26.1 million, driven primarily by the increase in the derivative warrant liability, interest expense, income tax expense, and losses on debt extinguishment Adjusted EBITDA1 of $3.0 million $167.9 million of cash […]

Planet 13 Announces Q1 2021 Financial Results

May 27th, 2021 - Ryan Allway

Q1 2021 Revenue of $23.8 million Planet 13 accounted for 8.6% of all Nevada cannabis dispensary revenue in Q1 Q1 2021 EBITDA of $5.2 million   All figures are reported in United States dollars ($) unless otherwise indicated   LAS VEGAS, NV / ACCESSWIRE / May 27, 2021 / Planet 13 Holdings Inc. (CSE:PLTH)(OTCQB:PLNHF) (“Planet 13” […]

Ayr Wellness Reports First Quarter 2021 Results

May 26th, 2021 - Ryan Allway

Q1 Revenue up 74% Y/Y to $58.4 Million Q1 Adjusted EBITDA of $20.0 million on an IFRS basis; $18.4 million on a US GAAP basis, up 136% Y/Y US GAAP Operating Loss of $8.4 Million Included Non-Cash and One-Time Expenses of $26.5 Million Closed on Acquisition of Liberty Health Sciences, Adding 42 Sited Retail Dispensaries, […]

4Front Ventures Reports First Quarter 2021 Financial Results and Provides Business Update

May 24th, 2021 - Ryan Allway

Q1 2021 Systemwide Pro Forma Revenue of $31.4 million, an increase of 26% over Q4 2020 Q1 2021 Adjusted EBITDA of $5.9 million, representing an Adjusted EBITDA Margin of 19% Reiterated FY2021 guidance for Systemwide Pro Forma Revenue of $170-180 million and Adjusted EBITDA of $40-50 million The Company’s existing licensed projects at maturity represent a long-term revenue and […]

Hydrofarm Holdings Group Announces First Quarter 2021 Results

May 16th, 2021 - Ryan Allway

Company Updates Full Year 2021 Outlook   FAIRLESS HILLS, Pa., May 13, 2021 (GLOBE NEWSWIRE) — Hydrofarm Holdings Group, Inc. (“Hydrofarm” or the “Company”) (Nasdaq: HYFM), a leading independent distributor and manufacturer of hydroponics equipment and supplies for controlled environment agriculture (“CEA”), today announced financial results for its first quarter ended March 31, 2021. First Quarter […]


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