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Green Thumb Industries Reports Second Quarter 2025 Results
GlobeNewswire News Room· 2025-08-06 20:02
CHICAGO and VANCOUVER, British Columbia, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Green Thumb Industries Inc. ("Green Thumb" or the "Company") (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of RISE Dispensaries, today reported its financial results for the quarter ended June 30, 2025. Financial results are reported in accordance with U.S. generally accepted accounting principles ("GAAP"), and all currency is in U.S. dollars. Highlights for the second quarter ended ...
Auxly to Report Second Quarter 2025 Results on August 14, 2025
Prnewswire· 2025-08-06 11:45
Group 1 - Auxly Cannabis Group Inc. will report its earnings results for the second quarter and six months ended June 30, 2025, on August 14, 2025, before the financial markets open [1] - The company will not host an earnings conference call and does not anticipate reinstating them until further notice [1] - All investor inquiries should be directed to the company's email [1] Group 2 - Auxly is a leading Canadian consumer packaged goods company in the cannabis products market, headquartered in Toronto, Canada [2] - The company's mission is to help consumers live happier lives through quality cannabis products that they trust and love [2] - Auxly's vision is to be a global leader in quality cannabis products [2]
Planet 13 Announces Q1 2025 Financial Results
Globenewswire· 2025-05-14 20:24
Core Insights - Planet 13 Holdings Inc. reported financial results for Q1 2025, highlighting a revenue increase of 22.5% year-over-year, driven by the addition of Florida operations [5][6][8] - The company faced challenges including pricing pressure and reduced consumer spending, but maintained a focus on operational efficiency and strategic investments [2][3] Financial Highlights - Q1 2025 revenue reached $28.0 million, up from $22.9 million in Q1 2024 [5][6] - Gross profit was $12.0 million, representing a gross margin of 42.8%, down from 45.8% in the previous year [6][8] - Total expenses increased by 31.6% to $18.6 million, attributed to the expansion into Florida [6][8] - The net loss for Q1 2025 was $2.0 million, a significant improvement from a net loss of $5.9 million in Q1 2024 [5][6][8] - Adjusted EBITDA loss was $2.5 million, compared to a break-even result in the same quarter last year [5][6][8] Balance Sheet Overview - Cash decreased to $15.6 million from $23.4 million at the end of 2024 [6][8] - Total assets were $203.8 million, slightly down from $206.7 million [6][8] - Total liabilities decreased marginally to $93.1 million from $94.0 million [6][8] Recent Developments - The company opened multiple new dispensaries in Florida, including locations in Port Richey, Orange Park, and Edgewater [12] - A significant recovery of funds related to El Capitan was announced, indicating positive developments in legal matters [12]