Ryan Allway August 24th, 2023 News, Top News Strongest adjusted margins1 to date of 54%, demonstrating an increase from adjusted gross margins of 43% in Q2 of 2022 Adjusted gross profit1 of $4.5 million in Q2 2023, compared with $4.3 million in Q2 2022, representing a 6.3% increase year-over-year Continued strong... Read more
AYR Wellness Reports Second Quarter 2023 Results
August 17, 2023
Ryan Allway August 17th, 2023 News, Top News Revenue up 18% Y/Y to $116.7 Million, Excluding Discontinued Operations Company Delivers Record Adjusted EBITDA1 of $29.4 Million, up 78% Y/Y, 12% Sequentially, with Adjusted EBITDA Margin of 25% GAAP Loss from Operations Improved 81% Y/Y, 79% Sequentially to $(4.5) Million, Excluding... Read more
Decibel Announces Record Second Quarter Results with $30.9 Million of Net Revenue, $7.3 Million of Adjusted EBITDA, and Positive Free Cash Flow
August 17, 2023
Ryan Allway August 17th, 2023 News, Top News, Top Story Most profitable pure play public cannabis company in Canada1,2 CALGARY, AB, Aug. 17, 2023 /CNW/ – Decibel Cannabis Company Inc. (the “Company” or “Decibel”) (TSX-V: DB) (OTCQB: DBCCF), a market leader in premium cannabis and extract manufactured products, is pleased to announce... Read more
Ryan Allway August 14th, 2023 News, Top News, Top Story –Cash increased to $22.7 million from $16.4 million in Q1 2023, as operating cash flow reached a record $8.3 million – Adjusted EBITDA1 was $9.5 million versus a $0.1 million loss in Q1 2023 -Revenue was $44.7 million, up 54% sequentially and 171% year-over-year -Gross margin was 55% versus 41%... Read more
Jones Soda Reports Second Quarter 2023 Results
August 9, 2023
Ryan Allway August 9th, 2023 News, Top News, Top Story Bottom Line Continued to Improve with Further Reductions in Operating Expenses and Gross Margin Expanding by 440 Basis Points SEATTLE, Aug. 09, 2023 (GLOBE NEWSWIRE) — Jones Soda Co. (CSE: JSDA, OTCQB: JSDA) (“Jones Soda” or the “Company”), the... Read more
Endexx Announces Record Fiscal Second Quarter 2023
CBD May 22, 2023
Ryan Allway May 22nd, 2023 News, Top News Endexx Consolidated Q2 Year-over-Year Quarterly Sales Increased 865% CAVE CREEK, AZ, May 22, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Endexx® Corporation (OTC: EDXC), a provider of innovative plant-based wellness and nutritional products, today announced the filing of its Form 10-Q for its... Read more
AYURCANN Reports Q2 2023 Financial Results Featuring a 37% Increase In Year-Over-Year Gross Revenue
February 27, 2023
Ryan Allway February 27th, 2023 News, Top News Toronto, Ontario, Feb. 27, 2023 (GLOBE NEWSWIRE) — Ayurcann Holdings Corp. (CSE: AYUR, OTCQB: AYURF, FSE: 3ZQ0) (“Ayurcann” or the “Company”), a leading Canadian cannabis extraction company specializing in the processing and co-manufacturing of pharma grade cannabis and hemp to produce various derivative cannabis 2.0... Read more
Ryan Allway February 23rd, 2023 News, Top News New Leadership Team is Focused on Accelerating Growth and Margin Enhancement Highlights include: A new leadership team has been introduced with a focus on the following: Q2 saw a decrease in operating expenses of $2 million or 30% year over year and $3.5 million or... Read more
RIV Capital Reports Fiscal Second Quarter 2023 Financial Results
November 29, 2022
Ryan Allway November 29th, 2022 News, Top News – Receives all regulatory approvals for the final closing of the previously announced Etain Transaction, which is expected to occur by year end TORONTO, Nov. 29, 2022 /PRNewswire/ – RIV Capital Inc. (“RIV Capital” or the “Company“) (CSE: RIV) (OTC: CNPOF), an acquisition and... Read more
