Finance: Page 3

Safe Harbor Financial Reports Year-Over-Year Net Income Increase in Q1 2024 Financial Results

CEO Sundie Seefried noted that if cannabis is reclassified as a Schedule III substance, it would result in "a material increase of capital from these businesses moved into financial institutions."

Ascend Wellness Holdings Reports $142.4M Net Revenue for Q1 2024

The multistate cannabis operator's net revenue, which excludes intercompany sales of wholesale products, increased nearly 25% year-over-year.

Trulieve Reports $298M in Revenue for 1st Quarter 2024

The Florida-based multistate operator opened three new dispensaries and attributed 4% revenue growth to higher retail traffic and average basket sizes.

SNDL Reports 1st Quarter 2024 Financial, Operational Results

The company had CA$198 million in net revenue for the three-month period as well as a record profit margin.

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.

Green Thumb Reports $276M Revenue for 1st Quarter 2024

The multistate cannabis company also reported more than $80 million in cash flow from operations and $31 million in net income for the quarter.

Rescheduling Would Have Saved Verano $80M in 2023 Tax Payments, CEO Says

The multistate cannabis operator reported $221 million in revenue for Q1 2024 and $113 million in gross profit for the quarter.

Jushi Holdings Reports Total Revenue of $269.4 Million in 2023

The vertically integrated, multistate cannabis operator released its 2023 full year financial results, and the CEO described the fourth quarter as 'a strong finish to an incredible year.'

The Cannabist Co. Reports $511 Million in Revenue in 2023

The multistate cannabis operator enters 2024 with a renewed focus after it unwound a merger agreement last year.

2023 Set Up Cresco Labs To Capitalized on ‘Monumental Opportunities’ Ahead, CEO Says

The multistate cannabis operator demonstrated profitability and cash flow improvements as it executed on its Year-of-the-Core strategy.

Ascend Wellness Releases Fourth Quarter, Full Year 2023 Financial Results

The multistate cannabis operator reported $519 million in net revenue for the year, representing a 28% increase over 2022.

Curaleaf Reports Q4 and Full Year 2023 Financial Results

The multistate cannabis operator generated record revenue of $345 million for the fourth quarter and $1.35 billion for the year.

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