Cannabis Business Revenue Trends: Page 4

Green Thumb CEO Warns of ‘Washout’ for Cannabis Industry

The company reported $1 billion in revenue for 2022 with a net income of $12 million on a GAAP basis.

3 Tips for Cannabis Brands and Retailers to Prepare for the Year’s Top Sales Days

By avoiding stockouts, presenting buyers the right product assortment, and offering value-add discounts, cannabis companies can thrive in the highest volume times of the year.

Whitney Economics Report Finds More Than 48 Million Pounds of Cannabis Produced in US in 2022

Due to supply-demand mismatches in state-legal markets, company owner and Chief Economist Beau Whitney said he is proposing that state regulators annually adjust supply capacities.

Creating a Budget for 2023? Consider These Tips

Naomi Granger, founder of the National Association of Cannabis Accounting and Tax Professionals, shares key factors cannabis cultivators and retailers should consider when creating a budget for 2023.

Monthly Sales, Annual Revenue and Profits

For many traditional retailers, last year held surprises at every turn—some good and some bad. Cannabis retailers haven’t been immune, according to sales and profit data from the 2022 Cannabis Dispensary State of the Industry Report.

Aleafia Health Announces $12.0 Million Total Net Revenue in First Quarter, Representing a 13% Increase Over the Prior Year

31% increase in branded cannabis net revenue to $10.0 million from $7.6 million in the prior year.

Cannabis Reform Slogs Through Congress as Corporate Revenues Continue to Tumble

Revenue slows and stocks crash despite continued industry growth. Can legislation save small cannabis businesses?

Aurora Cannabis Repurchases US$20 Million of Convertible Notes

Aurora further strengthens its balance sheet with accretive debt reduction.

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.

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.

New Mexico Adult-Use Cannabis Sales Eclipse $22.1 Million in First Month; Medical Hits $17.3 Million

The country’s newest fully legal retail market grossed nearly $39.5 million in combined medical and adult-use sales in April.

Trulieve Caps Transformational Year With Record Fourth Quarter and Full Year 2021 Results

The company recorded $938.4 million in revenue for the year, an 80% increase, and a quarterly revenue of $305.3 million, up 36% sequentially.

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