Decibel Announces Record Second Quarter Results with $30.9 Million of Net Revenue, $7.3 Million of Adjusted EBITDA, and Positive Free Cash Flow
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
Glass House Brands Reports Record Second Quarter 2023 Financial Results
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
Ispire Technology Inc. Announces Key Leadership Appointments
Ryan Allway August 14th, 2023 News, Top News LOS ANGELES, Aug. 14, 2023 /PRNewswire/ — Ispire Technology Inc. (“Ispire” or “the Company”) (NASDAQ: ISPR), a leader in vapor technology, providing high-quality, innovative products with first-class performance, announced today the appointment of Michael Wang as its Co-Chief Executive Officer.  Mr. Wang previously served as Chief... Read more
Premium Amanita Muscaria Mushroom Gummies Launched by Exhale Wellness
Commerce, CA | August 10, 2023 – Exhale Wellness, a premiere-rated, all-natural hemp brand, becomes the newest addition to the thriving US psychedelics market with its proud range of mystical mushroom gummies. These spellbinding Amanita Muscaria Mushroom Gummies redefine the landscape for psychoactive gummies with 500mg of pure potency, creating a new... Read more
Endexx Secures $2.0M Purchase Order for Non-Nicotine Vape Product HYLA From Sahara Trading UAE
Ryan Allway August 9th, 2023 News, Top News, Top Story Endexx’s HYLA Division Continues to Penetrate New Global Markets CAVE CREEK, AZ, Aug. 09, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Endexx® Corporation (OTCQB: EDXC), a provider of innovative plant-based wellness and nutritional products, today announced it has secured a $2.0... Read more
Village Farms International Reports Significantly Improved Second Quarter
Ryan Allway August 9th, 2023 News, Top News Canadian Cannabis Retail Branded Sales Increase 18% Year-Over-Year (24% in Canadian Dollars), Significantly Outpacing Market Growth Canadian Cannabis Delivers Positive Net Income and 19th Consecutive Quarter of Positive Adjusted EBITDA Canadian Cannabis Maintains Top-Three Market Share Position Nationally and Takes Over Number... Read more
Jones Soda Reports Second Quarter 2023 Results
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
Cannabix Technologies Files Breath Sample Capture Patent and Detects Delta- 8 THC in Early Testing
Ryan Allway August 4th, 2023 News, Top News, Top Story For immediate release. Vancouver, British Columbia, August 4, 2023: Cannabix Technologies Inc.(CSE: BLO, OTC PINK CURRENT: BLOZF) (the “Company”)   developer of marijuana and alcohol breath testing devices reports that it has filed an International Patent Application (“PCT”) titled, “Apparatus and Methods... Read more
MariMed Reports Second Quarter 2023 Earnings
Ryan Allway August 2nd, 2023 News, Top News NORWOOD, Mass., Aug. 02, 2023 (GLOBE NEWSWIRE) — MariMed Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, today announced its financial results for the second quarter ended June 30,... Read more
Christina Lake Cannabis Reports Second Quarter 2023 Results
Ryan Allway August 1st, 2023 News, Top News, Top Story Q2’23 Highlights Revenue up 36% to $1.4M over prior year period; increase of 81% over Q1’23 Distillate volumes sold increased by 118% compared to the six-month period ending Q2’22 Gross margin of $2.3M or 42.8% before fair value adjustments... Read more
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