Tag: CBT > Business Issues/ Benchmarks > Finance: Page 5

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

Finance

Green Thumb Industries Reports Revenue Growth, Net Income in Third Quarter 2024

The company’s financial results highlight a five-year, $150 million syndicated bank loan facility during the period.

November 7, 2024

Finance

MariMed Reports $40.6 Million in Revenue for Third Quarter 2024

The cannabis company’s ‘heavy investment phase’ is complete, CEO says.

November 7, 2024

Finance

Aurora Cannabis Announces Fiscal 2025 Second Quarter Results

The company’s international revenue increased 93% to $35 million, exceeding Canadian medical revenue for the first time.

November 7, 2024

Finance

The Cannabist Co. Exits ‘Unprofitable and Underperforming’ Locations, CEO Says

The cannabis company left, or is in the process of leaving, Florida, Washington, D.C., and Boston; reported $115 million in Q3 revenue.

November 7, 2024

Finance

TerrAscend ‘Looking Forward’ to DEA’s Upcoming Cannabis Rescheduling Hearing, Chairman Says

The company reported ninth consecutive quarter of positive cash flow from continuing operations in Q3 2024.

November 7, 2024

Industry Headlines

Curaleaf Secures $40 Million Revolving Credit Facility

The new revolving line of credit will support the company’s ongoing working capital needs.

November 7, 2024