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Cannabis Business Financial Report: Page 5
The Cannabist Co. Reports Third Quarter 2023 Results
The “complicated” quarter included the termination of a merger agreement with Cresco Labs and a corporate restructuring with operational changes.
Green Thumb CEO Lambastes ‘Uncle Sam’ for Cannabis Listing as 70% Americans Support Legalization
The multistate operator remains bullish on Maryland after reporting record revenue for its third-quarter earnings.
Planet 13 Announces Q3 2023 Financial Results
The company reported Q3 2023 revenue of $24.8 million.
Verano Announces Third Quarter 2023 Financial Results
The company delivers a record revenue of $240 million, increasing net cash provided by operating activities, and raises and tightens 2023 free cash flow guidance range to $72-76 million.
Curaleaf Executive Chairman Boris Jordan Says Company Anticipates ‘Game-Changing Catalysts’ on Horizon
The multistate cannabis operator reported $339 million in quarterly revenue with a gross profit of $146.5 million.
Trulieve on Track to Exit 2023 as ‘Leaner, Stronger’ Company, CEO Says
The multistate cannabis operator reported a quarterly revenue of $282 million with a gross profit of $142 million and a net loss of $404 million.
Ascend Wellness Remains on Track to Generate Cash From Operations for Full Year
The multistate cannabis operator reported a record quarterly revenue in Q2.
Green Thumb Reports $18M in Cash Flow From Operations Despite Paying $52M in Taxes for Q2
The multistate cannabis operator had a net income of $13.4 million attributable to the company for the second quarter.
Verano Pursues Growth Opportunities Despite Industry ‘Fluctuations,’ CEO Says
The multistate operator announced a record $234 million in quarterly revenue and positive free cash flow for Q2.
Where the Nation’s 8 Largest Cannabis MSOs Are Expanding in 2023 (and Why)
We’ve seen corporate operators pulling out of California, Colorado, Oregon and Massachusetts, but which markets are they tackling now?
Cannabis Sale-Leaseback Activity Muted in Q1 2023
The market for sale-leasebacks has been affected by broader industry headwinds, though there may be signs for cautious optimism.
Trulieve, Verano, Ascend Wellness Buckle Up for New Growth Markets
Reporting first quarter financials, CEOs from the three multistate operators are now regearing for more favorable business conditions.
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