Industry Headlines: Page 27

Only 27% of US Cannabis Operators Profitable in 2024, Whitney Economics Reports

The industry data and economic research consultancy released its preliminary cannabis business conditions survey results.

California Seizes 2.3 Million Unlicensed Cannabis Packages Marked With Forged Regulatory Seal

Gov. Gavin Newsom’s Unified Cannabis Enforcement Taskforce led the recent operation in Los Angeles. Many products were marketed as candy.

Apothecarium Dispensary Workers in Maryland Vote, 25-0, to Unionize With UFCW Local 27

The Cumberland, Md., workers now head to the bargaining table to negotiate a contract for better wages, affordable benefits and a safer work environment.

Planet 13 Announces Opening of 27th Florida Dispensary

The Ocala location marks the company’s 31st retail facility nationwide.

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 Appoints Executive Chairman Boris Jordan as CEO

Outgoing CEO Matt Darin is set to retire. Jordan will remain on the board.

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.

Verano Reports $222 Million in Revenue for Q2

The company’s second quarter 2024 financial performance featured the authorization of a share repurchase program.

Aurora Cannabis Announces Fiscal 2025 First Quarter Results and Delivers Positive Free Cash Flow

The Canadian company notes positive free cash flow of $6.5 million, record net revenue of $47.2 million in global medical cannabis and an end to the fiscal quarter debt-free with a cash position of approximately $182 million.

AYR Wellness Reports Second Quarter 2024 Results

The company addresses 'near-term setbacks,' while highlighting how it is positioned both 'for growth and margin expansion in the second half of 2024,' following adult-use rollout in Ohio, and to capitalize on anticipated adult-use markets in Florida, and Pennsylvania.

Trulieve Reports $303 Million in Revenue in Q2 2024 Financial Results

The company’s revenue exceeded quarterly guidance in the second quarter as it looks ahead to Ohio’s adult-use sales launch at three retail locations.

Previous Page

Page 27 of 657

Next Page