Cannabis Business Financial Report: Page 5

AYR Wellness Reports $114 Million in Revenue for Third Quarter 2023 Financial Results

The multistate cannabis operator’s revenue is up 5% year-over-year with $20 million of operating cash flow generated for the quarter.

Cresco Labs Reports $191 Million Revenue in Third Quarter 2023 Financial Results

The company continued its execution of its year-of-the-core strategy to deliver strong margin and operating cash flow gains, with elimination of over $40 million in annualized operating costs.

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?

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