Finance: Page 8

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.

Cresco Labs Determines IRS Section 280E Not Applicable to its Business

The company reported an improvement of more than 800 basis points year-over-year in its adjusted EBITDA margin for the second quarter of 2024.

Jushi Holdings Inc. Reports Second Quarter 2024 Financial Results

The Florida-based multistate operator shares Q2 financial and company highlights, including its appointment of former Cresco executive Todd West as COO, its debut of 308 new unique SKUs across the company’s five vertical markets, a net loss of $1.9 million, compared to $14.0 million in Q2 2023, and the refinancing of the company's first lien debt with SunStream Bancorp Inc.

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