Ayurcann Holdings Corp. (CSE: AYUR) (OTCQB: AYURF) reported record sales for its fiscal second quarter, as it tries to narrow its losses after cancelling a merger in November. The Canadian cannabis manufacturer posted C$13.4 million in gross revenue for the three months that ended Dec. 31, a 25% rise from …
Ontario-based Greenway Greenhouse Cannabis Corp. (CSE: GWAY) (OTCQB: GWAYF) on Thursday reported ongoing losses, with a C$675,076 net loss in its third fiscal quarter of 2025, which ended Dec. 31. That builds on earlier losses last year, including a C$1 million net loss in the second fiscal quarter, bringing its …
Toronto-based Cronos Group (NASDAQ: CRON) (TSX: CRON) ended 2024 well in the black, with $43.9 million in net income for the fourth quarter and $40 million for the full calendar year, the international cannabis company reported this week. That’s a dramatic turnaround from 2023, when Cronos posted a $70.4 million …
Massachusetts’ legal cannabis market has topped $6 billion in adult-use sales since its 2018 launch, but signs point to slower growth and steep price drops in the maturing market. A report from the state’s Cannabis Control Commission released this week showed adult-use cannabis prices have fallen 62% since the market …