C21 Investments Inc. (CSE: CXXI) (OTCQX: CXXIF) on Thursday reported financial results for its two-month stub period ending March 31, 2024, as the company transitions to a new fiscal year end. The company, which operates in Nevada, reported revenue of $4.5 million and operating cash flow of $900,000 for the …
Canadian cannabis and liquor retailer SNDL Inc. (Nasdaq: SNDL) reported Thursday that its second-quarter profit margins and net loss improved despite a slight dip in revenue. The company’s net revenue fell 1.6% to $228.1 million for the quarter ending June 30, down from $231.9 million a year earlier. However, gross …
After markets closed on Thursday, Nova Cannabis Inc. (TSX: NOVC) (OTC: NVACF) released its unaudited condensed interim consolidated financial statements for the quarter ending June 30, 2024. Nova reported that revenue increased 8.1% to C$69.2 million from C$64.0 million. The company attributed the increase to an increase in proprietary licensing …
Hawthorne, the cannabis-focused division of Scotts Miracle-Gro’s (NYSE: SMG), brought game during the company’s fiscal third quarter, despite ongoing industry challenges. “Hawthorne is making money, posting its first profitable quarter in two years,” Jim Hagedorn, chairman and CEO of Scotts Miracle-Gro, told investors during an earnings call on Wednesday. “Its …