Tag: CBT > Business Issues/ Benchmarks > Cannabis Business Revenue Trends: Page 3

New Jersey

Trulieve, Verano, Ascend Wellness Buckle Up for New Growth Markets

Reporting first quarter financials, CEOs from the three multistate operators are now regearing for more favorable business conditions.

May 10, 2023

Cannabis Price Compression

Curaleaf’s Boris Jordan Says New Super PAC Will Sway SAFE Banking’s Passage in 2023

The company’s executive chairman provided a timeline for the bill during an earnings call but said he’s not “predicting anything in Washington.”

May 2, 2023

Cannabis Business Financial Report

Curaleaf to Restate Certain Previously Issued 2022 and 2021 Financial Statements

The company will report minor reductions in revenue of approximately 1.25% and 0.75% for 2021 and 2022, respectively.

April 20, 2023

Cannabis Price Compression

Verano CEO Says 2023 Will Be ‘Inflection Point’ for Cannabis Industry

As smaller operators struggle to weather the industry downturn, George Archos forecasts favorable M&A deals in attractive markets.

March 31, 2023

Florida

Trulieve CEO Sets Goal of $100 Million in Operating Cash Flow This Year

Stomping onward with the nation’s largest cannabis retail footprint, Trulieve reported $1.2 billion in revenue for 2022.

March 9, 2023

Finance

Green Thumb CEO Warns of ‘Washout’ for Cannabis Industry

The company reported $1 billion in revenue for 2022 with a net income of $12 million on a GAAP basis.

March 1, 2023

Choosing Products for Your Dispensary

3 Tips for Cannabis Brands and Retailers to Prepare for the Year’s Top Sales Days

By avoiding stockouts, presenting buyers the right product assortment, and offering value-add discounts, cannabis companies can thrive in the highest volume times of the year.

January 26, 2023

Legislation and Regulation

Whitney Economics Report Finds More Than 48 Million Pounds of Cannabis Produced in US in 2022

Due to supply-demand mismatches in state-legal markets, company owner and Chief Economist Beau Whitney said he is proposing that state regulators annually adjust supply capacities.

December 8, 2022

Interviews & Opinion

Creating a Budget for 2023? Consider These Tips

Naomi Granger, founder of the National Association of Cannabis Accounting and Tax Professionals, shares key factors cannabis cultivators and retailers should consider when creating a budget for 2023.

October 12, 2022

Hiring Cannabis Personnel

Monthly Sales, Annual Revenue and Profits

For many traditional retailers, last year held surprises at every turn—some good and some bad. Cannabis retailers haven’t been immune, according to sales and profit data from the 2022 Cannabis Dispensary State of the Industry Report.

September 2, 2022

Cannabis Business Financial Report

Aleafia Health Announces $12.0 Million Total Net Revenue in First Quarter, Representing a 13% Increase Over the Prior Year

31% increase in branded cannabis net revenue to $10.0 million from $7.6 million in the prior year.

August 11, 2022

Finance

Cannabis Reform Slogs Through Congress as Corporate Revenues Continue to Tumble

Revenue slows and stocks crash despite continued industry growth. Can legislation save small cannabis businesses?

July 25, 2022