Cannabis Equipment News will be following the first-quarter earnings season for publicly traded cannabis companies in the U.S. Keep checking back here for the latest updates.
April 10
Tilray
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May 1
Acreage Holdings
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Cansortium
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May 3
Green Thumb Industries
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Scotts Miracle-Gro
Hawthorne, the cannabis cultivation equipment division of Scotts Miracle-Gro, reported a significant drop-off in sales during the company’s fiscal second quarter.
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- visit their investor relations page
May 4
Mary Jones
The company reported first-quarter earnings this week and said momentum continues to grow in California, where it said it has seen strong sales of its 10-milligram and 100-milligram beverages.
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- visit their investor relations page
May 8
MariMed
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May 9
Ascend Wellness
The company reported a net loss of $18.5 million, down from $27.8 million in the same quarter of 2022.
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Cronos Group
On a per-share basis, the Toronto-based company said it had a loss of 5 cents. Losses, adjusted for non-recurring costs, came to 3 cents per share.
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WM Technology
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May 10
Schwazze
The company reported $1.7 in net income, a significant improvement over the $26.8 million it lost during the same period of 2022.
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Trulieve
The company’s first-quarter earnings were marked by a 9% decline in revenue
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urban-gro
Urban-Gro, an agricultural services and design firm, reported a drop in first-quarter revenue due to dwindling demand from cannabis companies.
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Verano Holdings
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May 11
Leafly
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May 12
Jushi Holdings
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Charlotte’s Web
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May 15
4Front Ventures
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Columbia Care
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Goodness Growth
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Tilt Holdings
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May 16
Ayr Wellness
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May 17
Curaleaf
The company’s revenue during the period totaled $336.5 million, up 14% from $296.1 million in the first quarter of 2022.
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May 24
Cresco Labs
Cresco Labs, one of the U.S.’s largest vertically integrated, multi-state cannabis operators, turned in mixed results for the first quarter.
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TBA
MedMen
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