Cannabis Business Revenue Trends

Glass House Expects Hit to Revenue, Profitability Following ICE Raids

The Southern California cannabis cultivator is scaling back production amid a reduced workforce but expects a fourth-quarter rebound.

Ascend Wellness Reports $127M in Q2 Net Revenue

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

TerrAscend Reports $65M in Q2 Revenue From Continuing Operations

The multistate cannabis operator reported positive cash flow from continuing operations for the 12th consecutive quarter.

Verano Reports $202M in Q2 Revenue

The multistate cannabis operator continued streamlining operations to improve its margins and position itself for a stronger second half of 2025.

Cresco Labs Reports $164M in Q2 Revenue

The multistate cannabis operator’s debt refinancing strengthens its foundation for long-term value creation.

The Cannabist Co. Reports $86M in Q2 Revenue

The multistate cannabis operator announced the sale of three Pennsylvania dispensaries as it continues to right-size operations.

Curaleaf Reports $315 Million in Q2 Revenue; Domestic Stabilization, Robust International Momentum

The multinational cannabis operator also reported $41 million in international revenue for the second quarter; awarded a license in Turkey.

Green Thumb Industries Reports $293M in Q2 Revenue

The multistate cannabis operator had $177 million in cash at the quarter’s end.

US Cannabis Industry Revenue Grows to $30B, Jobs Stall at 425,000

Staffing agency Vangst released its 2025 Cannabis Jobs Report, providing a state-by-state analysis of employment, retail performance and workforce trends.

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.

The Cannabist Co. Reports $87M in Q1 Revenue

The company also reported a $32 million net loss.

Tilray Brands Reports Quarterly Financial Results, Confirms No Tariff Impacts

The global cannabis company generated a net revenue of $186 million in the third fiscal quarter, verifying it has no current impacts from U.S. tariffs.

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