Q4 Results
The Company has also signed an LOI with Berlin-based health and life science company Sanity Group to better take advantage of potential German adult-use cannabis legalization This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated December 3, 2021, to its short form base shelf prospectus dated […]
POSaBIT Reports Fourth Quarter and Full Year 2021 Financial Results
Full Year 2021 Revenue of $21.3 Million, up 172% Raises Full Year 2022 Revenue Guidance to $37 to $40 Million TORONTO & SEATTLE, April 28, 2022–(BUSINESS WIRE)–POSaBIT Systems Corporation (“POSaBIT” or the “Company”) (CSE: PBIT, OTC:POSAF), a leading provider of payments infrastructure in the cannabis industry, today announced its financial results for the three […]
CALGARY, AB, April 22, 2022 /PRNewswire/ – Decibel Cannabis Company Inc. (the “Company” or “Decibel”) (TSXV: DB) (OTCQB: DBCCF), a premium cannabis producer, is pleased to announce its year-end audited financial results for the three and twelve month periods ending December 31, 2021. Decibel Cannabis Company Inc. Logo (CNW Group/Decibel Cannabis Company Inc.) “Decibel continues to execute […]
VIVO Cannabis Announces Fourth Quarter 2021 Results
Net revenue for Q4 2021 was $6.9 million; Net revenue for 2021 was $25 million. In February 2021, closed a $7.2 million equity raise to help fund VIVO’s growth In July 2021, the Company elected a new Board of Directors, announced the appointment of Ray Laflamme as CEO and Chairman of the Board and later […]
Zoned Properties Reports Fourth Quarter and Full-Year 2021 Financial Results
50% Revenue Growth Year-over-Year and 188% Increase in Cash Provided by Operations in 2021 National Advisory & Brokerage Clients in New State Markets Set the Stage for Company Expansion SCOTTSDALE, Ariz., March 24, 2022–(BUSINESS WIRE)–Zoned Properties®, Inc. (the “Company”) (OTCQB: ZDPY), a leading real estate development firm for emerging and highly regulated industries including legalized […]
Nova Announces Fourth Quarter and Year End 2021 Results
ourth quarter sales growth of 176% year-over year and 23% from the third quarter of 2021 with all legacy Nova branded stores now converted to Value Buds EDMONTON, AB, March 21, 2022 /CNW/ – Nova Cannabis Inc. (the “Company” or “Nova“) (TSX: NOVC) today released its audited annual consolidated financial statements (the “annual financial statements“) and […]
Glass House Brands Reports Fourth Quarter and Full Year 2021 Financial Results
2021 Net Revenue Increased 44% Year-over-Year All Licenses for Phase I Retrofit of SoCal Cultivation Facility Received, with First Harvest Expected During Q3 2022 Conference Call to be Held March 17, 2022 at 8:00 a.m. ET LONG BEACH, Calif. and TORONTO, March 17, 2022 /CNW/ – Glass House Brands Inc. (“Glass House” or the “Company”) (NEO: GLAS.A.U) (GLAS.WT.U) (OTCQX: GLASF) […]
NewLake Capital Partners Reports Fourth Quarter and Full-Year 2021 Financial Results
Fourth Quarter 2021 Revenue Totaled $9.0 Million, an Increase of 12% Sequentially and 122% YoY FY2021 Revenue of $28.2 Million, an Increase of 142% YoY Fourth Quarter 2021 Net Income Attributable to Common Stockholders totaled $4.3 Million, FFO of $6.8 Million, and AFFO of $7.0 Million NEW CANAAN, Conn., March 17, 2022 (GLOBE NEWSWIRE) […]
Acreage Holdings Reports Fourth Quarter and Full Year 2021 Financial Results
onsolidated revenue grew 84% to $58.1 million in the fourth quarter and 65% to $188.9 million for the full year Full year gross margin increased to 51% Achieved positive Adjusted EBITDA through fiscal 2021, an improvement of $54.1 million over 2020 Secured $150 million credit facility to accelerate optimized strategy NEW YORK, March 10, 2022 […]
Jones Soda Reports Strong Fourth Quarter and Full Year 2021 Results
– Continues to Execute on Turnaround Strategy, Reports Sixth Consecutive Quarter of Revenue Growth – – Completes Strategic Entry into Cannabis Sector; Expects to Launch Portfolio by End of First Quarter SEATTLE, March 10, 2022 (GLOBE NEWSWIRE) — Jones Soda Co. (CSE: JSDA, OTCQB: JSDA) (“Jones Soda” or the “Company”), the original craft soda […]
Positive Net Income of $0.43M, before fair value adjustments Q4 2021 Revenue of $3.76M versus $3.03M in Q3 2021, an increase of 24% Q4 2021 aEBITDA1 margin of 30% ($1.14M), versus 25% ($0.77M) in Q3 2021, an increase of 48% ($0.37M) Michigan operations (through Golden Harvests, LLC) report industry leading gross margin of 72% and aEBITDA1 margin […]
Lumiera ends fiscal year strong with sales in November 2021 up 59% compared to November 2020
MONTREAL, Dec. 2, 2021 /CNW Telbec/ – Lumiera Health Inc. (TSXV: NHP) (the “Company” or “Lumiera “), a company specializing in the development and commercialization of natural health products, is pleased to provide an update to announce that the new corporate strategy and plans that were put in place Q1-Q3 2021 have been successful. Lumiera’s fiscal Q4 was a record quarter […]
CALGARY, AB, Aug. 27, 2021 /PRNewswire/ – Top Strike Resources Corp. d.b.a. “Vencanna Ventures” (the “Corporation” or “Vencanna“) (CSE: VENI) (OTCQB: TPPRF) is pleased to provide a summary of its financial results as of April 30, 2021. Selected financial information is outlined below and should be read in conjunction with the Corporation’s financial statements and management’s discussion and […]
Australis Reports Q4 and Financial Year (FY) 2021 Results
405% Year-over-Year Revenue Growth in Q4, Reflecting Only 3.5 Weeks of ALPS Operations Consolidated Preliminary 277% Sequential Growth for Q1 2022 and 2,653% Growth Over Q1 2021 Pre-Tax Profit of $3.0 million in Q4 FY 2021 vs. Pre-Tax loss of $19.4 million in Q3 FY 2021 and $10.6 million in Q4 FY 2020. Company Continues to Execute at Rapid Pace with […]
Flower One Reports Fourth Quarter and Year End 2020 Results
Initiatives Started in 2020 and Carried into 2021, including completion of the Company’s Restructuring Transaction, Position the Company for Success June 11, 2021 07:25 PM Eastern Daylight Time LAS VEGAS & TORONTO–(BUSINESS WIRE)–Flower One Holdings Inc. (“Flower One” or the “Company”) (CSE: FONE) (OTCQX: FLOOF) (FSE: F11), the leading cannabis cultivator and producer in […]
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Tim has over 22 years of investment experience as a portfolio manager, asset allocator, and capital markets professional across multiple asset classes, geographies, and platforms. Tim has built and operated two hedge funds, a broker dealer, and raised over $1Bn in capital for his combined businesses. Tim remains a recognized voice within the investment community […]
Matt Hawkins is the founder and managing principal of Cresco Capital Partners, LLC (“Cresco”), a private equity firm focused specifically on investing in the legalized cannabis industry. Since its inception in the summer of 2015, Cresco has made 14 investments out of its first fund and is currently raising this fund, Fund II. Prior to the […]
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