TerrAscend Reports Fourth Quarter and Full Year 2023 Financial Results Full year 2023 record Net Revenue of $317.3 million, an increase of 28.0% year-over-year Full year 2023 Gross Profit margin of 50.3%, a 930 basis-point improvement year-over-year Full year 2023 Adjusted EBITDA from continuing operations¹ of $68.8 million, an... Read more
The Cannabist Company Reports Fourth Quarter and Full Year 2023 Results NEW YORK–(BUSINESS WIRE), 03/13/24–The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., today... Read more
Cresco Labs Reports Fourth Quarter & Full Year 2023 Financial Results Demonstrating Significant Profitability and Cash Flow Improvements Continued execution of Year-of-the-Core strategy delivers strong gains to the bottom line and 3x improvement in full-year Operating Cash Flow CHICAGO–(BUSINESS WIRE)–Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (“Cresco... Read more
GrowGeneration Reports Fourth Quarter and Full Year 2023 Financial Results; Provides First Quarter and Full Year 2024 Guidance Full Year Net Revenue of $225.9 million, Beating Guidance Full Year Net Loss of $46.5 million and Non-GAAP Adjusted EBITDA¹ Loss of $5.6 million, In Line with Guidance 2024 Outlook Calls... Read more
France is currently working toward the eventual launch of its official medical cannabis program, and a new update from the French National Medicines Safety Agency (ANSM) recently announced that access to cannabis flower is not currently included. France’s medical cannabis experiment began in August 2021, and 2024 is set to... Read more
Police officials in New Orleans this week told a city council committee that rats have taken over the department’s downtown headquarters, saying that the rodents have been eating marijuana stored in an evidence room. Anne Kirkpatrick, the superintendent of the New Orleans Police Department, told the city leaders at... Read more
Lawmakers in Washington State “recently passed a bill granting an exemption from the 37% excise tax for medical marijuana patients and designated providers,” according to Forbes. The passage of the measure eliminates what has been characterized as “one of the highest tax rates imposed on medical marijuana products.” The... Read more
Connecticut’s Department of Consumer Protection (DCP) published a new dataset, showing the price per gram of “usable cannabis” sold in the state’s adult-use cannabis and medical marijuana markets, according to a March 11 press release. The dataset’s category “usable cannabis” essentially means flower and includes raw flower in whole,... Read more
AYR Wellness Reports Fourth Quarter and Full Year 2023 Results FY 2023 Revenue up 10% to $463.6 Million, Excluding Discontinued Operations FY 2023 GAAP Loss from Operations Improved to $37.2 Million, Excluding Discontinued Operations FY 2023 Adjusted EBITDA1 up 51% to $114.0 Million, with Adjusted EBITDA Margin of 25%... Read more
AWH ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS Q4 2023 Net Revenue Increased 25% Year-over-Year to $140 million Q4 2023 Adjusted EBITDA Increased 15% Year-over-Year to $32 million Full Year 2023 Net Revenue Increased 28% Year-over-Year to $519 million Full Year 2023 Adjusted EBITDA Increased 14% Year-over-Year... Read more
