Finance: Page 4

Trulieve Reports $1.2 Billion in 2024 Revenue

The cannabis company also reported a record cash flow from operations of $271 million and a free cash flow of $150 million for the year.

Verano Reports $879 Million in 2024 Revenue

The cannabis company also reported a gross profit of $444 million but a net loss of $342 million for the year.

Green Thumb Industries Reports $1.1 Billion in Revenue for 2024

The cannabis company also reported a net income of 73 million dollars for its full-year results.

Advanced Flower Capital Provides $15 Million Senior Secured Credit Facility to Story Ohio

The funding supports Story Companies’ continued expansion in Ohio’s growing adult-use market.

Aurora Cannabis Reports Net Revenue of $88 Million for Fiscal 2025 3Q Results

The company’s net revenue is up 37% year-over-year, including a record net revenue of 68 million dollars in global medical cannabis.

TerrAscend Announces Preliminary Q4 2024 Financial Results

The company reported a net revenue of $74.4 million ahead of its scheduled earnings conference call.

Innovative Industrial Properties Reports Resolution to Default by PharmaCann

The entities reached an agreement to resolve PharmaCann’s existing defaults under leases for 11 properties that the company owns.

Leafly Delisted From Nasdaq

The company received notice of its delisting and a transition to an over-the-counter market. Also, the company’s convertible debt maturity was extended.

Ascend Wellness Holdings Closes $15 Million Private Placement of Senior Secured Notes

The notes form part of the same series of the $235 million aggregate principal amount of the company's 12.75% senior secured notes due in 2029.

SEC Fines Acreage Holdings $225,000 Over ‘Materially False’ Financial Statements

The company, that Canopy USA recently acquired, submitted the settlement offer, which the SEC accepted as a penalty for a violation from 2019.

High Tide to Enter German Medical Cannabis Market Through Acquisition of Purecan GmbH

The acquisition will give High Tide a majority stake in Purecan’s profitable operations.

FLUENT Completes Acquisition of RIV Capital, Adding New York Operations to Footprint

The all-stock transaction accelerates FLUENT’s entry into one of the fast-growing cannabis markets in the world.

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