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Finance: Page 6
TerrAscend ‘Looking Forward’ to DEA’s Upcoming Cannabis Rescheduling Hearing, Chairman Says
The company reported ninth consecutive quarter of positive cash flow from continuing operations in Q3 2024.
Curaleaf Focuses on Global Presence to Mitigate ‘Concentration Risk,’ Chairman Says
The cannabis company reported $331 million in third-quarter revenue and an 82% year-over-year increase in international revenue.
Verano Remains Optimistic on ‘Ability to Succeed in the Current Environment,’ CEO Says
The company announced $217 million in revenue and a net loss of $43 million for its third quarter financial results.
SNDL Completes Privatization of Nova, Welcomes New Director
The Canadian cannabis company’s acquisition of Nova’s remaining minority interest will generate material savings by eliminating public company expenses.
Canopy Growth Makes Early Prepayment, Reducing Term Loan by US$100 Million
The Canadian cannabis company’s prepayment improves its balance sheet and ensures a maturity extension to at least December 2026.
Green Thumb Industries Announces $50 Million Share Repurchase Program
The program authorizes the cannabis company to repurchase up to nearly 10.6 million subordinate voting shares during the next 12 months.
Green Thumb Industries Refinances Senior Debt, Closing on $150 Million Syndicated Credit Facility
The cannabis company intends to use the proceeds along with existing cash to retire its $225 million senior secured debt.
TerrAscend Offers $10 Million Share Repurchase Program
The company is authorized to repurchase up to 10 million shares but is not obligated to purchase any shares during the 12-month stock buyback program.
Village Farms International Reports Q2/24 Results
MariMed Reports Second Quarter 2024 Earnings
The Massachusetts-based multistate operator announces financial and company highlights for Q2, including closing the acquisition of an adult-use dispensary in Upper Marlboro, Md., and of Thrive Dispensary in Casey, Ill., and receiving a provisional dual-license for its Tiffin, Ohio, dispensary.
Curaleaf Reports $342 Million in Q2 Revenue
The global cannabis company now operates in 15 countries.
The Cannabist Co. Reports Second Quarter 2024 Financial Results
The company reported $125 million in revenue for the period.
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