Curaleaf, a Massachusetts-based, vertically integrated cannabis company, reported first-quarter revenue of $35.3 million, up from $9.1 million for the same period in 2018. Net loss for the company in the period totaled $10.8 million versus...
Nick Thomas
Nick Thomas's Latest Posts
Marijuana retailer Planet 13 reports Q1 revenue of $13.8 million
Planet 13, a Nevada-based company that runs what is said to be the largest cannabis entertainment center in the world, reported first-quarter revenue of $13.8 million, compared with $3.6 million in the same period a year ago.
Green Thumb reports $27.9 million in quarterly marijuana revenue
Green Thumb Industries, a Chicago-based multistate cannabis company, reported revenue of $27.9 million for its first quarter, up from $10.9 million in the same period last year.
Marijuana retailer Green Growth Brands logs quarterly net loss of $15.4 million
Green Growth Brands, an Ohio-based cannabis company, reported quarterly revenue of $5.6 million for the three months ended March 31. It did not report revenues for the same quarter last year. Net loss for the period totaled $15.4 million,...
Cannabis group Cresco Labs sees revenue increase, loss in first quarter
Cresco Labs, a Chicago-based, vertically integrated cannabis company, reported quarterly revenue of almost $21.1 million for the three months ended March 31, up from $5.1 million in the corresponding period in 2018. The company reported a net...
CBD maker Charlotte’s Web to start trading on Canada’s top stock exchange
Charlotte's Web, a Boulder, Colorado-based CBD manufacturer, said Wednesday it received approval to uplist to the Toronto Stock Exchange (TSX). The company expects to start trading on the TSX on May 31 and will maintain its Canadian Securities...
Multistate cannabis firm Acreage reports first-quarter net loss of $31.2 million
Acreage Holdings, a New York-based multistate cannabis operator, reported quarterly revenues of $12.9 million for the three months ended March 31, 2019. The company also reported a net loss for the period of $31.2 million. The company did not...
MA authority approves acquisition of Sira Naturals by Canadian marijuana firm
The Massachusetts Cannabis Control Commission approved what is believed to be the first sale of a marijuana business in the state. Sira Naturals, which owns three dispensaries in the Boston area, is being sold to Cannabis Strategies...
Haborside CEO: Cannabis company likely to start trading on CSE in June
Harborside, which has well-established cannabis dispensaries in the San Francisco Bay Area, is expected to start trading on the Canadian Securities Exchange (CSE) in the first week of June. While the company initially announced its plans to go public in August 2018,...
Marijuana firm MedMen closes initial $80 million in funding from Gotham Green
MedMen, a multistate cannabis company based in California, said it closed on an initial $80 million tranche of funding from New York private equity group Gotham Green Partners (GGP). The money is the first part of a $250 million convertible...
TerrAscend reports quarterly net loss on cannabis revenues of CA$14.6 million
TerrAscend, a Toronto-based vertically integrated marijuana company, reported revenues of 14.6 million Canadian dollars ($10.95 million) for the quarter ended March 31, 2019, with a net loss of CA$11.2 million.
CA Senate votes to allow banks, credit unions to accept marijuana deposits
The California Senate voted almost unanimously to pass a bill that would allow banks and credit unions to accept cash deposits from cannabis retailers.
