Tag: CBT > Business Issues/ Benchmarks > Finance: Page 6

Finance

Curaleaf Focuses on Global Presence to Mitigate ‘Concentration Risk,’ Chairman Says

The cannabis company reported $331 million in third-quarter revenue and an 82% year-over-year increase in international revenue.

November 7, 2024

Finance

Verano Remains Optimistic on ‘Ability to Succeed in the Current Environment,’ CEO Says

The company announced $217 million in revenue and a net loss of $43 million for its third quarter financial results.

November 7, 2024

Finance

Canopy Growth Makes Early Prepayment, Reducing Term Loan by US$100 Million

The Canadian cannabis company’s prepayment improves its balance sheet and ensures a maturity extension to at least December 2026.

October 18, 2024

Finance

Green Thumb Industries Announces $50 Million Share Repurchase Program

The program authorizes the cannabis company to repurchase up to nearly 10.6 million subordinate voting shares during the next 12 months.

September 16, 2024

Finance

Green Thumb Industries Refinances Senior Debt, Closing on $150 Million Syndicated Credit Facility

The cannabis company intends to use the proceeds along with existing cash to retire its $225 million senior secured debt.

September 12, 2024

Finance

Ascend Wellness Holdings Removes CEO, Terminates CFO

The cannabis company appointed board Director Samuel Brill to replace John Hartman as CEO. The company also appointed a new president and CFO.

August 27, 2024

Finance

TerrAscend Offers $10 Million Share Repurchase Program

The company is authorized to repurchase up to 10 million shares but is not obligated to purchase any shares during the 12-month stock buyback program.

August 20, 2024

Finance

Curaleaf Reports $342 Million in Q2 Revenue

The global cannabis company now operates in 15 countries.

August 8, 2024

Finance

The Cannabist Co. Reports Second Quarter 2024 Financial Results

The company reported $125 million in revenue for the period.

August 8, 2024

Finance

Cresco Labs Determines IRS Section 280E Not Applicable to its Business

The company reported an improvement of more than 800 basis points year-over-year in its adjusted EBITDA margin for the second quarter of 2024.

August 8, 2024

Finance

Verano Reports $222 Million in Revenue for Q2

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

August 7, 2024

Finance

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.

August 6, 2024