Jushi Holdings Inc. Reports First Quarter 2023 Financial Results Total Revenue of $69.9 Million, an increase of 12.9% YoY Net Loss of $12.4 Million, an improvement of 37.0% YoY Adjusted EBITDA of $7.6 Million, an improvement of $8.5 Million YoY Continued Financial and Operational Improvements at our Grower-Processor Operations... Read more
Nova Announces First Quarter 2023 Results First quarter revenue growth of 20.8%; gross margin improvement to 21.4%; and Adjusted EBITDA growth of 127% to $3.2 million EDMONTON, AB, May 10, 2023 /CNW/ – Nova Cannabis Inc. (the “Company” or “Nova”) (TSX: NOVC) today released unaudited condensed interim consolidated financial... Read more
AWH Announces Q1 2023 Financial Results Reported Record Quarterly Revenue Since Company Inception Achieved $114.2M Net Revenue in Q1 2023, a 34.2% Increase Year-Over-Year and 1.9% Increase Quarter-Over-Quarter Generates Positive Cash from Operations for First Quarter Since Company Inception NEW YORK, May 9, 2023 /PRNewswire/ – Ascend Wellness Holdings,... Read more
GrowGeneration Reports First Quarter 2023 Financial Results Net Revenue of $57 million Represents Sequential Improvement from Prior Quarter Gross Margin Improved Substantially to 28.7% Net Loss of $6.1 million and Non-GAAP Adjusted EBITDA(1) Loss of $1.8 million, Above Guidance DENVER, May 09, 2023–(BUSINESS WIRE)–GrowGeneration Corp. (NASDAQ: GRWG) (“GrowGen” or the “Company”),... Read more
Hydrofarm Holdings Group Announces First Quarter 2023 Results SHOEMAKERSVILLE, Pa., May 10, 2023 (GLOBE NEWSWIRE) — Hydrofarm Holdings Group, Inc. (“Hydrofarm” or the “Company”) (Nasdaq: HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture, today announced financial results for its first... Read more
Schwazze Announces First Quarter 2023 Financial Results Revenue Increases 26% to $40.0M Compared to $31.8M in Q1 2022 Income From Operations Grew to $5.6M Compared to ($4.8M) in Q1 2022 Adjusted EBITDA (1) of $14.5M, or 36% of Revenue, Compared to $7.9M, or 25% in Q1 2022 Company Generates $2.7M in Free Cash Flow (2) Continues to Deepen Foothold in Colorado & New Mexico with Newly... Read more
