Ryan Allway April 3rd, 2023 News, Top News Achieved Adjusted EBITDA1 of $1.9 million for the year ended December 31, 2022 57% net revenue growth to $35.5 million in 2022 compared to 2021 Achieved operating cash flow of $2.0 million for the year ended December 31, 2022 6.3%2 national market share... Read more
Ryan Allway April 3rd, 2023 News, Top News, Top Story Fiscal 2022 Highlights Revenue up 177% to $10.1M from $3.6M in Fiscal 2021 Gross margin of $4.1M or 41.1% before fair value adjustments. Decreased G&A expenses by $729k or 14% Increased total harvested dried biomass to 42,000 kg, from... Read more
Doseology Announces CEO Transition
March 31, 2023
Disclaimer: Matters discussed on this website contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. CFN Media Group, which owns CannabisFN, is not registered with any... Read more
Delta 9 Reports Year-end Financials for 2022
March 31, 2023
Ryan Allway March 31st, 2023 News, Top News WINNIPEG, Manitoba, March 31, 2023 (GLOBE NEWSWIRE) — DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) (“Delta 9” or the “Company”) is pleased to announce financial and operating results for the three-month and full year ending December 31, 2022. Financial Highlights... Read more
Flora Growth Reports 2022 Year-End Financial Results: $37.2M in Revenue, 314% Growth Year-Over-Year
March 31, 2023
Ryan Allway March 31st, 2023 News, Top News, Top Story Flora generated $37.2 million in revenue in FY2022, a 314% increase YoY Record Q4 2022 revenue increased to $11.5 million, a 7% sequential increase from Q3 2022 Gross profit for FY2022 increased by 494%, from $2.4 million to $14.4... Read more
Silo Wellness Eliminates Another CAD$4,440,000 of Debt from Balance Sheet by Disposing of Subsidiary
March 28, 2023
Ryan Allway March 28th, 2023 News, Psychedelics, Top News Springfield, Oregon–(Newsfile Corp. – March 28, 2023) – Silo Wellness Inc. (CSE: SILO) (OTCQB: SILFF) (FSE: 3K7A), announces that the Company has entered into a definitive Stock Purchase Agreement dated March 27 2023 (the “Agreement”) with a non-arm’s length entity owned by... Read more
Grown Rogue Reports First Quarter 2023 Results, Record Operating Cash Flow and Free Cash Flow
March 28, 2023
Ryan Allway March 28th, 2023 News, Top News Revenue of $4.5M compared to $3.7M in Q1 2022, an increase of 21% Operating Cash Flow (OCF), before changes in working capital (WC), of $1.3M compared to $0.5M in Q1 2022, an increase of 176% Free Cash Flow1 (FCF) of $0.8M, after $0.4M spend on WC and capital expenditures Ended quarter with $3.5M of cash... Read more
This first-of-its-kind formulation is the latest in Wana’s cannabinoid-powered “Optimals” line. BOULDER, Colo. (March 28, 2023) – A staggering 40 million Americans suffer from anxiety, with only 37% pursuing treatment. Of the 42% of Americans who use cannabis for medicinal purposes, approximately 41% report using it to address anxiety.... Read more
Irwin Naturals Cannabis Products Launch Nationwide in Canada
CBD March 24, 2023
Ryan Allway March 24th, 2023 News, Top News Company announces products being available nationwide through Starseed Medicinal Medical Platform Irwin Naturals Cannabis 25mg CBD Softgel Irwin Naturals Cannabis 25mg CBD Softgel LOS ANGELES, March 24, 2023 (GLOBE NEWSWIRE) — Irwin Naturals Inc. (CSE: IWIN) (OTC: IWINF) (FRA: 97X) (“Irwin” or the... Read more
Ryan Allway March 24th, 2023 News, Top News Springfield, Oregon–(Newsfile Corp. – March 24, 2023) – Silo Wellness Inc. (CSE: SILO) (OTCQB: SILFF) (FSE: 3K7A), announces that it is partnering with Oregon-based Satya, Inc. to develop a robust ecosystem aimed at supporting the well-being of psilocybin patients and Oregonian entrepreneurs alike.... Read more
