Tag: CBT > Business Issues/ Benchmarks > Finance: Page 3

Finance

AYR Wellness CFO Resigns

Chief Financial Officer Brad Asher is leaving the cannabis company after filing its 2024 annual financial statements.

February 3, 2025

Finance

TerrAscend Announces Preliminary Q4 2024 Financial Results

The company reported a net revenue of $74.4 million ahead of its scheduled earnings conference call.

January 31, 2025

Finance

Innovative Industrial Properties Reports Resolution to Default by PharmaCann

The entities reached an agreement to resolve PharmaCann’s existing defaults under leases for 11 properties that the company owns.

January 31, 2025

Finance

Leafly Delisted From Nasdaq

The company received notice of its delisting and a transition to an over-the-counter market. Also, the company’s convertible debt maturity was extended.

January 17, 2025

Finance

Ascend Wellness Holdings Closes $15 Million Private Placement of Senior Secured Notes

The notes form part of the same series of the $235 million aggregate principal amount of the company's 12.75% senior secured notes due in 2029.

January 14, 2025

Finance

SEC Fines Acreage Holdings $225,000 Over ‘Materially False’ Financial Statements

The company, that Canopy USA recently acquired, submitted the settlement offer, which the SEC accepted as a penalty for a violation from 2019.

January 13, 2025

Industry Headlines

Green Thumb Industries Receives Repayments on Cansortium Loan

The cannabis company received roughly $23 million of principal plus 13% of accrued interest from Cansortium.

November 27, 2024

Finance

AYR Wellness Focusing on Sustained Growth, Profitability Amid Leadership Transition

The cannabis company reported $114 million in revenue and a $17 million operating loss for its third-quarter 2024 financial results.

November 14, 2024

Finance

Glass House Brands Reports Cultivation Cost of $103 Per Pound

The California cannabis company had a record-setting third quarter for its financial results.

November 13, 2024

Finance

Planet 13 Anticipates Growth Runway in Florida Despite Failed Ballot Measure, Executive Says

The cannabis company reported $32 million in revenue for the third quarter.

November 12, 2024

Finance

Ascend Wellness Focuses on 3 Financial Priorities Under New CEO

Appointed in August, Sam Brill said the company is focused on improving profitability, maximizing asset efficiency, and enhancing cash flow generation.

November 12, 2024

Finance

Cresco Labs Reports Success of Cash Flow, Focused Strategy With Q3 Financial Results

The cannabis company had a quarterly operating cash flow of $49 and a year-to-date operating cash flow of $103 million, an increase of 66%.

November 8, 2024