Tag: CBT > Business Issues/ Benchmarks > Finance: Page 13

Cannabis Business Financial Report

Ayr Wellness Reports Second Quarter 2022 Results

The vertically integrated U.S. multistate cannabis operator, is reporting financial results for the three months ended June 30, 2022.

August 18, 2022

Finance

Cresco Labs Announces Second Quarter 2022 Results

Company reports 4% year-over-year revenue growth and 11% year-over-year adjusted EBITDA growth; continues industry leadership with branded product performance and retail productivity.

August 18, 2022

Mergers and Acquisitions

Ascend Wellness Calls Off MedMen NY Acquisition After 17 Months

Despite settling an M&A lawsuit in May, Ascend CEO cancels $88-million deal, calling New York a “highly uncertain” regulatory environment.

August 16, 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

Interviews & Opinion

Cannabis Conference Announces Day 2 Keynote Presenter: Mitch Baruchowitz of Merida Capital Holdings

Cannabis Conference 2022, produced by the award-winning Cannabis Business Times (CBT) media brand, will take place August 23-25 at Paris Las Vegas.

August 9, 2022

Finance

Inclusive Cannabis Franchise, Far & Dotter, Announces Selection of First Franchisees

The Maryland cannabis brand has announced plans of expansion into Mississippi and New Jersey as it inks agreements with two fund recipients.

August 8, 2022

Finance

Green Thumb Industries Reports Second Quarter 2022 Results

Revenue increased 4.8% sequentially and 14.6% year-over-year to $254.3 million.

August 4, 2022

Finance

'We Need Federal Action'

Attorney Michael Sampson describes what Pennsylvania's new banking bill means for the cannabis industry and what needs to change.

July 28, 2022

Finance

Tilray Brands, Inc. Reports Record Fiscal Year 2022 Results

FY2022 Net Revenue Grew 22% to $628 Million Compared to the Prior Year; On a Constant Currency Basis, Net Revenue Increased by 29%.

July 28, 2022

Finance

What Angel Investors Are Looking For in the Cannabis Industry

Year-to-date, the amount of capital invested in private companies has materially increased, representing 31% of all capital invested in the cannabis industry.

July 26, 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

Banking Bill Cannabis Industry

U.S. House Passes SAFE Banking Act as Amendment to Defense Bill

The House approved the cannabis banking reform legislation for the seventh time as part of the 2023 National Defense Authorization Act.

July 18, 2022