Finance: Page 11

Will Bankruptcy Relief Reach Struggling Cannabis Businesses?

Recent court cases and the possible rescheduling of cannabis could signal that bankruptcy relief may be a future option for the industry.

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.'

AYR Wellness Reports Fourth Quarter and Full Year 2023 Results

David Goubert, AYR President AND CEO, said '2023 was a transformational year for AYR' with revenue growth, enhanced profitability and a strengthened balance sheet.

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.

Village Farms International Reports Q4 and 2023 Financials: Record Consolidated Sales for Q4

The produce supplier and owner of Canadian subsidiary Pure Sunfarms cannabis business and U.S.-based Balanced Health Botanicals CBD brand closed the year with positive adjusted EBIDTA on its core businesses, and started buildout of its first production facility in the Netherlands.

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.

How to Use Flowcharts to Improve Cannabis Businesses Operations

Flowcharts can be instrumental in cost-cutting, audits, mergers and acquisitions due diligence, and more.

Green Thumb Industries Reports $1.1 Billion in Revenue in 2023, a 4% Increase From Prior Year

The multistate cannabis operator and owner of RISE Dispensaries, which opened 15 new stores in 2023, reported its fourth quarter and 2023 financial results.

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.

Trulieve Reports Fourth Quarter and Full Year 2023 Results Highlighting Year End Momentum and Cash Generation

Trulieve Cannabis Corp. today announced its results for the fourth quarter and full year ended Dec. 31, 2023. The company summarized highlights of 2023 including opening 17 dispensaries in 2023, increasing retail footprint to 192 retail locations nationwide.

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