Cannabis Business Revenue Trends: Page 4

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.

Cresco Labs Announces Fourth Quarter, Full Year 2021 Results

The company reports 73% year-over-year revenue growth and 219% adjusted EBITDA growth in 2021.

BDSA Reports Global Cannabis Sales to Jump 22% in 2022; Forecasts $61 Billion by 2026

Cannabis markets continue bullish rise as massive gains in new markets drive growth

Expanded Focus for an Expanding Industry

Now in its sixth iteration, this year’s 'State of the Cannabis Cultivation Industry Report' grew its focus as the industry continues to morph into its next phase.

Agrify Announces Record Fiscal 2020 Annual Results

The company’s 2020 revenue nearly tripled with a year-over-year increase to $12.1 million.

When Goodwill Only Goes So Far

Canadian licensed producer Aurora Cannabis recorded goodwill impairment charges of nearly C$2 billion, exposing a vulnerability in the publicly traded cannabis market.

6 More Lessons We Learned From Our Cannabis Business

Cannabis is susceptible to the “shiny object syndrome” in that it is easy to get distracted by activities and business deals that are not core to your long-term success.

Fast Stats

Revenue & Profits: Plateaued, But Solid

After growth skyrocketed between 2018 and 2019, participants in the 2020 “State of the Cannabis Cultivation Industry Report” hit a plateau in their revenue trajectory.

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