U.S. Cannabis Earnings in Q1 2023

Cannabis Equipment News will be following the first-quarter earnings season for publicly traded cannabis companies in the U.S.

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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
- visit their investor relations page

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.
- see our coverage
- 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.
- see our coverage
- 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.
- see our coverage
- visit their investor relations page

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.
- see our coverage
- visit their investor relations page

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.
- see our coverage
- visit their investor relations page

Trulieve
The company’s first-quarter earnings were marked by a 9% decline in revenue
- see our coverage
- visit their investor relations page

urban-gro
Urban-Gro, an agricultural services and design firm, reported a drop in first-quarter revenue due to dwindling demand from cannabis companies.
- see our coverage
- visit their investor relations page

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.
- see our coverage
- visit their investor relations page

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.
- see our coverage
- visit their investor relations page

TBA

MedMen
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