Tag: CBT > Business Issues/ Benchmarks > Finance: Page 7

Finance

Curaleaf Reports Q4 and Full Year 2023 Financial Results

The multistate cannabis operator generated record revenue of $345 million for the fourth quarter and $1.35 billion for the year.

March 6, 2024

Finance

How to Use Flowcharts to Improve Cannabis Businesses Operations

Flowcharts can be instrumental in cost-cutting, audits, mergers and acquisitions due diligence, and more.

March 6, 2024

Finance

Green Thumb Industries Reports $1.1 Billion in Revenue in 2023, a 4% Increase From Prior Year

The multistate cannabis operator and owner of RISE Dispensaries, which opened 15 new stores in 2023, reported its fourth quarter and 2023 financial results.

February 29, 2024

Finance

Verano Hits Record Revenue of $938 Million in 2023

The company also increased 2023 net cash provided by operating activities by 16% to $110 million and generated $73 million in free cash flow.

February 29, 2024

Finance

Aurora Cannabis Announces CFO Transition, Completion of Share Consolidation

New chief financial officer Simona King brings deep financial expertise across corporate, operations and international business units.

February 20, 2024

Finance

Aurora Cannabis Announces Fiscal 2024 Third Quarter Results; Generates Record Adjusted EBITDA of $4.3 Million

The Canada-based global cannabis company announced its financial and operational results for the third quarter of fiscal year 2024, with fiscal 2024 'on track' to be the company's 'strongest to date.'

February 8, 2024

Finance

Canopy Growth Announces US$30 Million Private Placement

The purpose of the offering is to provide the company with additional liquidity to further strengthen its financial position.

January 10, 2024

Finance

4Front Ventures Transforms Balance Sheet; Names New CEO

The Pheonix-based multistate cannabis operator entered into a conditional agreement with its senior secured lender.

January 9, 2024

Finance

CFIG Releases Business Guide for Cannabis Banking Options

The Cannabis Financial Industry Group published the guide to help cannabis-related businesses better assess financial institutions offering services.

December 5, 2023

Finance

MariMed Closes $58.7 Million Debt Refinancing

The 10-year term at a reduced annualized interest rate will result in a $4.7-million reduction to principal and interest expense in the first 12 months and $3.5 million annually for four years.

November 20, 2023

Finance

AYR Wellness Reports $114 Million in Revenue for Third Quarter 2023 Financial Results

The multistate cannabis operator’s revenue is up 5% year-over-year with $20 million of operating cash flow generated for the quarter.

November 16, 2023

Finance

Cresco Labs Reports $191 Million Revenue in Third Quarter 2023 Financial Results

The company continued its execution of its year-of-the-core strategy to deliver strong margin and operating cash flow gains, with elimination of over $40 million in annualized operating costs.

November 15, 2023