… CBD/hemp/smoking accessory retail boutique at 15 Bridge St. However, the only way he could sell cannabis product was through New York’s Cannabis …
Cannabis industry’s final stretch of top-line growth: The shift to EBITDA focus
The cannabis industry, once fueled by sky-high revenue projections and aggressive expansion strategies, is undergoing a critical transformation. Investors and industry buyers are moving away from gross top-line revenue as the primary valuation metric and focusing instead on EBITDA or EBIT. This shift marks a maturation phase for the industry …
High Tide beats sales estimates, but records loss as its continues its rapid expansion
High Tide Inc. (Nasdaq: HITI) (TSXV: HITI) reported record revenue in its fiscal first quarter, which ended on Jan. 31. In conjunction with the earnings release, the Canna Cabana retail chain operator addressed the recent halt to an acquisition in Germany and lower EBIDTA on its balance sheet. The company’s …