People asked, and the voices have been heard about the push for a more equitable cannabis industry, and Seattle, Washington leaders are making change. Seattle Mayor Bruce Harrell introduced three new bills to the Seattle City Council that would encourage more diverse inclusion in the city’s cannabis industry, announced... Read more
AWH Announces Q2 2022 Financial Results Record Revenue Since Company Inception Q2 2022 Net Revenue Increased 14.6% Compared to Prior Quarter Adjusted EBITDA Margin Expanded Approximately 220 Basis Points Compared to Prior Quarter NEW YORK, Aug. 15, 2022 /PRNewswire/ – Ascend Wellness Holdings, Inc. (“AWH” or the “Company”) (CSE:... Read more
4Front Ventures Reports Second Quarter 2022 Financial Results Q2 2022 Systemwide Pro Forma Revenue of $34.5 million, an increase of 6% from Q1 2022 Q2 2022 Adjusted EBITDA of $9.2 million, an increase of 2% from Q1 2022 Conference call to be held today, August 15, 2022 at 5:00 p.m. ET PHOENIX, Ariz., Aug. 15,... Read more
Greenlane Reports Q2 2022 Revenue of $39.9 Million, Up 15% Year-over-Year Company Announces Strategic Decision to Sell Packaging Business, Make Final Transition to a Consumer House of Brands BOCA RATON, FL / ACCESSWIRE / August 16, 2022 / Greenlane Holdings, Inc. (“Greenlane” or the “Company”) (NASDAQ:GNLN), one of the... Read more
Verano Announces Second Quarter 2022 Financial Results CHICAGO, Aug. 16, 2022 (GLOBE NEWSWIRE) — Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced its financial results for the second quarter ended June 30, 2022 (“Q2 2022″), which were prepared in... Read more
A paper written by the Cannabis Regulators of Color Coalition (CRCC) was published by the Ohio State University Moritz College of Law on Aug. 12. The paper, entitled “Not a SAFE Bet: Equitable Access to Cannabis Banking, An Analysis of the SAFE Banking Act,” analyzes the Safe and Fair Enforcement... Read more
urban-gro, Inc. Reports Second Quarter 2022 Financial Results Second quarter revenue of $16.3 million, representing growth of 27% compared to the prior year period Second quarter net loss of $(1.7) million Second quarter Adjusted EBITDA1 of $(0.5) million Strong balance sheet with $22.8 million in cash and no debt Project... Read more
Planet 13 Announces Q2 2022 Financial Results Q2 2022 revenue of $28.4 million, up 10.6% compared to Q1 2022 Q2 2022 net loss of $2.0 million, compared to net loss of $2.1 million in Q1 2022 Q2 2022 Adjusted EBITDA of $3.0 million All results are reported in United States... Read more
The Parent Company Reports Second Quarter 2022 Financial Results Reports net sales of $27.4 million as the Company focuses on higher quality revenue streams Increases omni-channel retail revenue 60% from prior year to $19 million, or 69% of net sales in the quarter Sales of Company-owned brands increased to an average of... Read more
