Execs noted the company is about halfway through its plan as it chases profitability.
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Category: Business
Weedmaps back into the black with profitable 2024
For 2024, the company’s client roster declined but average monthly revenue per client went up a notch.
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GrowGeneration reports sales decline, forecasts lower revenue in 2025
GrowGen attributed its sales decline to the company’s restructuring that included closing stores.
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Safe Harbor’s new CEO looks to transform company beyond cannabis banking
Terry Mendez envisions a one-stop shop for cannabis and other debanked industries.
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Blüm Holdings turns the corner after restructuring, posts 67% revenue growth in 2024
The company divested some assets and added three California retail stores.
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Neural Therapeutics to list on Canadian Stock Exchange after raising C$518,000
Neural expects its share to commence trading “shortly.”
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Advanced Flower Capital sees earnings, dividends decline in 2024
Three company loans were given nonaccrual status in 2024.
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Village Farms reports increased revenue and beats estimates
Despite the improved revenue, the company’s earnings were impacted by a charge due to some low quality inventory.
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The Cannabist revenues fall as company trims back markets
The Cannabist has high hopes of capitalizing on the new Ohio market.
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Cresco looks for Kentucky boost, takes hard pass on New York retail
Company executives cited the $5 million transition fee as a reason for sitting back in New York.
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