Cannabis Business Revenue Trends

Curaleaf Reports $342 Million in Q2 Revenue

The global cannabis company now operates in 15 countries.

The Cannabist Co. Reports Second Quarter 2024 Financial Results

The company reported $125 million in revenue for the period.

Cresco Labs Determines IRS Section 280E Not Applicable to its Business

The company reported an improvement of more than 800 basis points year-over-year in its adjusted EBITDA margin for the second quarter of 2024.

Trulieve Reports $303 Million in Revenue in Q2 2024 Financial Results

The company’s revenue exceeded quarterly guidance in the second quarter as it looks ahead to Ohio’s adult-use sales launch at three retail locations.

Green Thumb CEO Urges DEA to ‘Do Their Job’ for Cannabis Rescheduling

Ben Kovler’s remarks came with the company’s second quarter financial results, which featured $280 million in revenue, an 11% year-over-year increase.

AYR Wellness Reports $118M in Revenue for Q1 2024 Results

Cannabis rescheduling “validates” the company’s determination to build a “sustainable business that will win in the long-term,” CEO says.

The Cannabist Co. Reports 1st Quarter 2024 Results

The multistate cannabis operator ended the three-month period with $122.6 million in revenue with a gross profit of $42.5 million.

Verano Hits Record Revenue of $938 Million in 2023

The company also increased 2023 net cash provided by operating activities by 16% to $110 million and generated $73 million in free cash flow.

New California Cannabis Dashboards Shed Light on Harvest Trends, Retail Prices, Sales

The state’s Department of Cannabis Control launched the public data site to provide useful intel for industry stakeholders.

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.

New York’s First Adult-Use Cannabis Retailer Garners $12 Million in Sales During First Six Months

Nonprofit Housing Works Cannabis Co. is using the proceeds to continue advancing community goals and life-saving initiatives for New Yorkers in need.

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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