Cannabis Business Financial Report: Page 7

‘Adulting’ in Today’s Cannabis Industry

Experts in finance, banking, public relations and branding expound the foundations for maturity—and success—in this young but maturing market.

Tilray Brands, Inc. Reports Record Fiscal Year 2022 Results

FY2022 Net Revenue Grew 22% to $628 Million Compared to the Prior Year; On a Constant Currency Basis, Net Revenue Increased by 29%.

HEXO Reports Third Quarter 2022 Results

HEXO Corp reported its financial results for the fiscal quarter ended April 30, 2022.

The Flowr Corporation Announces First Quarter 2022 Results and Reinstatement of Trading

In Q1 2022, the Company generated gross revenue of $3.9 million as a result of the sale of 1,179,735 grams of dried cannabis flower, an increase of 75% compared to Q1, 2021.

Harborside Inc. Reports First Quarter 2022 Financial Results

Year over Year net revenues increased 38.8% to $17.2 million, including one month contribution from Urbn Leaf and no contribution from Loudpack.

The Green Organic Dutchman Starts Year with Record Quarterly Revenue, Reports First Quarter 2022 Results

The company achieved record quarterly net revenues of $10.58 million, a 96% increase from Q1 2021, and a 12% increase from Q4 2021.

Ayr Wellness Reports First Quarter 2022 Results

The company reports Q1 2022 revenue of $111.2 million, up 90% YoY.

Jushi Holdings Inc. Reports First Quarter 2022 Financial Results

First quarter 2022 revenue increased 48.5% to $61.9 million as compared to the first quarter of 2021.

The Flowr Corporation Announces Fourth Quarter and Full Year 2021 Results

In 2021, the company generated gross revenue of approximately $14.9 million and generated gross revenue of $4.3 million during the fourth quarter.

Cresco Labs Announces First Quarter 2022 Results

The company reports 20% year-over-year revenue growth and 45% year-over-year adjusted EBITDA growth.

Cronos Group Reports 2022 First Quarter Results

The company’s consolidated net revenue increased by 99% year-over-year to $25 million in the first quarter of 2022.

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