Cannabis Business Financial Report

Verano Reports $203M in Q3 Revenue, $44M Net Loss

The company’s assets at the end of the quarter were $385 million, including cash and cash equivalents of $83 million.

Ascend Wellness Reports $127M in Q2 Net Revenue

The multistate cannabis operator also reported its 10th straight quarter of positive operating cash flow.

AYR Wellness Has No Estimate for Q1 2025 Interim Filings; Trading Remains on Hold

The cannabis company’s delay in filing its financial statements comes as its negotiations with creditors remain ongoing.

AYR Fails to Complete Q1 2025 Interim Financial Filings; Cease-Trade Order Remains in Effect

The cannabis company provided an update on the delay of its financial statements, analysis and related executive officer certificates.

Cresco Labs Delivers $30 Million in Q1 Operating Cash Flow

The cannabis company also reported $166 million in first-quarter revenue with ‘flexibility and financial strength’ to start the year.

TerrAscend Reports $71M in Q1 Revenue

The company also reported $8 million in net cash from operations and $5.5 million in free cash flow.

Curaleaf Reports $310M in Q1 Revenue, $35M in International Revenue

The company also reported $42 million in operating cash flow from continuing operations and $26 million in free cash flow.

Verano Reports $210M in Q1 2025 Revenue

The company also reported $2 million in net cash provided by operating activities and a $12 million net loss.

Green Thumb Industries Reports $280M in Q1 Revenue

The cannabis company also reported $74 million in cash flow from operations and a GAAP net income of $8 million.

SNDL Reports Q4 and Full Year 2024 Financial and Operational Results

The company reported record full-year net revenue, gross profit and gross margin, as well as positive cash flow and free cash flow.

Ascend Wellness Reports $562 Million in 2024 Revenue

The cannabis company also reported its second full year of positive cash from operations and positive free cash flow.

The Cannabist Co. Reports $459 Million in 2024 Revenue

The cannabis company continues to complete divestitures, reduce operating and overhead costs, and refine its inventory assortment.

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