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Finance
FLUENT Completes Acquisition of RIV Capital, Adding New York Operations to Footprint
The all-stock transaction accelerates FLUENT’s entry into one of the fast-growing cannabis markets in the world.
Green Thumb Industries Receives Repayments on Cansortium Loan
The cannabis company received roughly $23 million of principal plus 13% of accrued interest from Cansortium.
AYR Wellness Focusing on Sustained Growth, Profitability Amid Leadership Transition
The cannabis company reported $114 million in revenue and a $17 million operating loss for its third-quarter 2024 financial results.
Glass House Brands Reports Cultivation Cost of $103 Per Pound
The California cannabis company had a record-setting third quarter for its financial results.
Planet 13 Anticipates Growth Runway in Florida Despite Failed Ballot Measure, Executive Says
The cannabis company reported $32 million in revenue for the third quarter.
Ascend Wellness Focuses on 3 Financial Priorities Under New CEO
Appointed in August, Sam Brill said the company is focused on improving profitability, maximizing asset efficiency, and enhancing cash flow generation.
Cresco Labs Reports Success of Cash Flow, Focused Strategy With Q3 Financial Results
The cannabis company had a quarterly operating cash flow of $49 and a year-to-date operating cash flow of $103 million, an increase of 66%.
Green Thumb Industries Reports Revenue Growth, Net Income in Third Quarter 2024
The company’s financial results highlight a five-year, $150 million syndicated bank loan facility during the period.
MariMed Reports $40.6 Million in Revenue for Third Quarter 2024
The cannabis company’s ‘heavy investment phase’ is complete, CEO says.
Aurora Cannabis Announces Fiscal 2025 Second Quarter Results
The company’s international revenue increased 93% to $35 million, exceeding Canadian medical revenue for the first time.
The Cannabist Co. Exits ‘Unprofitable and Underperforming’ Locations, CEO Says
The cannabis company left, or is in the process of leaving, Florida, Washington, D.C., and Boston; reported $115 million in Q3 revenue.
TerrAscend ‘Looking Forward’ to DEA’s Upcoming Cannabis Rescheduling Hearing, Chairman Says
The company reported ninth consecutive quarter of positive cash flow from continuing operations in Q3 2024.
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