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The Cannabist Co. Reports Second Quarter 2024 Financial Results The company reported $125 million in revenue for the period.
Cresco Labs Determines IRS Section 280E Not Applicable to its Business The company reported an improvement of more than 800 basis points year-over-year in its adjusted EBITDA margin for the second quarter of 2024.
Curaleaf Appoints Executive Chairman Boris Jordan as CEO Outgoing CEO Matt Darin is set to retire. Jordan will remain on the board.
Jushi Holdings Inc. Reports Second Quarter 2024 Financial Results The Florida-based multistate operator shares Q2 financial and company highlights, including its appointment of former Cresco executive Todd West as COO, its debut of 308 new unique SKUs across the company’s five vertical markets, a net loss of $1.9 million, compared to $14.0 million in Q2 2023, and the refinancing of the company's first lien debt with SunStream Bancorp Inc.
Missouri Regulators Recall 2,649 Cannabis Products The state’s Division of Cannabis Regulation issued the recall in cooperation with a licensed cultivator due to testing noncompliance.
Verano Reports $222 Million in Revenue for Q2 The company’s second quarter 2024 financial performance featured the authorization of a share repurchase program.
Aurora Cannabis Announces Fiscal 2025 First Quarter Results and Delivers Positive Free Cash Flow The Canadian company notes positive free cash flow of $6.5 million, record net revenue of $47.2 million in global medical cannabis and an end to the fiscal quarter debt-free with a cash position of approximately $182 million.
AYR Wellness Reports Second Quarter 2024 Results The company addresses 'near-term setbacks,' while highlighting how it is positioned both 'for growth and margin expansion in the second half of 2024,' following adult-use rollout in Ohio, and to capitalize on anticipated adult-use markets in Florida, and Pennsylvania.
Key Regulatory Changes in Colorado’s Marijuana Industry – What Businesses Need to Know A law to streamline the state’s regulations for marijuana licensees will take effect Aug. 7.
An Inside Look at Germany’s Cannabis Supply Chain With The Grünhorn Group By Pam Chmiel On April 1, 2024, Germany implemented Pillar 1 of its adult-use market, expanding upon its well-established medical cannabis program, which has been in place since 2017. The… The post An Inside Look at Germany’s Cannabis Supply Chain With The Grünhorn Group appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.