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AWH to Hold Second Quarter 2025 Earnings Conference Call on Thursday, August 7, 2025
Prnewswire· 2025-07-10 12:00
Core Points - Ascend Wellness Holdings, Inc. will hold a conference call on August 7, 2025, at 5:00 PM ET to discuss its second quarter 2025 financial results [1] - The earnings conference call can be accessed via a dial-in number or a live webcast on the company's Investor Relations website [2][3] Company Overview - Ascend Wellness Holdings, Inc. is a vertically integrated cannabis operator with assets in multiple states including Illinois, Maryland, Massachusetts, Michigan, New Jersey, Ohio, and Pennsylvania [4] - The company operates state-of-the-art cultivation facilities and produces a variety of products under several brands, including Simply Herb, Ozone, Ozone Reserve, High Wired, Effin', Common Goods, and Royale [4]
Aurora Cannabis Inc. (ACB) Announces Filing and Mailing of the Management Information
Marijuana Stocks | Cannabis Investments And News. Roots Of A Budding Industry.™· 2025-07-09 14:55
Core Points - Aurora Cannabis Inc. has filed and mailed the management information circular for the upcoming annual general and special meeting of shareholders [1] - The meeting is scheduled to be held virtually on August 8, 2025, at 1:00 p.m. Eastern time [2] - Shareholders are encouraged to vote their shares by the deadline of August 6, 2025, at 1:00 p.m. Eastern time [3] Company Overview - Aurora Cannabis is a leading global medical cannabis company based in Canada, serving both medical and consumer markets across Canada, Europe, Australia, and New Zealand [4] - The company offers a diverse portfolio of adult-use and medical cannabis brands, including Drift, San Rafael '71, MedReleaf, and others [4] - Aurora holds a controlling interest in Bevo Farms Ltd., a major supplier of propagated agricultural plants in North America [4] Shareholder Engagement - Shareholders can access the management information circular on the company's website and are encouraged to watch a message from the CEO and CFO reflecting on fiscal 2025 [2] - The company emphasizes the importance of shareholder participation and provides contact information for assistance with voting [3]
3 Marijuana Stocks To Watch As Summer Trading Heats Up
Marijuana Stocks | Cannabis Investments And News. Roots Of A Budding Industry.™· 2025-07-09 14:51
Industry Overview - The cannabis industry is experiencing continuous growth, leading to optimism among investors despite current market conditions [1][2] - There is a lack of sustained volatility in cannabis stocks, which has hindered shareholder profits [2] - Federal legalization is speculated to be a key resolution for the public sector of cannabis companies [2] Company Highlights - **GrowGeneration Corp.** operates retail hydroponic and organic gardening stores in the U.S. and has entered a distribution agreement with V1 Solutions for its products in the EU and Costa Rica [4] - **Hydrofarm Holdings Group, Inc.** manufactures and distributes hydroponics equipment in the U.S. and Canada, reporting a decrease in net sales to $40.5 million from $54.2 million [6][5] - **The Scotts Miracle-Gro Company** reaffirmed its full fiscal year 2025 guidance and is involved in the manufacture and sale of gardening products [8][10] Financial Performance - Hydrofarm's gross profit for Q1 2025 was $6.9 million, with a gross profit margin of 17.0%, down from 20.2% [11] - Adjusted gross profit margin decreased to 21.0% from 23.4% [11] - The company reported a net loss of $14.4 million, an increase from $12.6 million, and an adjusted EBITDA of $(2.4) million compared to $0.3 million [11]
THC Therapeutics, Inc. Announces Acquisition of SugarTop Buddery
Globenewswire· 2025-07-09 12:30
Core Insights - THC Therapeutics, Inc. has acquired STHoldings Group LLC, the parent company of SugarTop Buddery, in an all-share transaction valued at approximately $3 million [1][2][5] - This acquisition is part of THCT's ongoing roll-up strategy to expand its operations in the cannabis industry, particularly in Oregon [2][8] - SugarTop Buddery, founded in 2015, is recognized for its community-driven approach and commitment to artistry, equity, and sustainability [3][10] Company Overview - SugarTop Buddery has generated approximately $2.1 million in revenue in 2024, with peak performance reaching around $4.3 million in 2022 [4] - The brand is known for its innovative product offerings, including stylish pre-rolls and collaborations with artists, and has a strong emphasis on social equity and women in cannabis [7][10] - The acquisition will provide SugarTop Buddery with the necessary capital and resources to expand nationally and internationally [4][5] Strategic Implications - The acquisition enhances THCT's portfolio by adding a resilient and culturally significant brand that aligns with its values-driven strategy [5][8] - Anna Kaplan, CEO of SugarTop Buddery, will play a key role in shaping THCT's consumer strategy across its entire portfolio [8] - THCT aims to create a bi-coastal, vertically integrated national cannabis platform by acquiring proven operators and market-leading brands [8][13]
TerrAscend Completes $79 Million Non-Dilutive Debt Financing
Globenewswire· 2025-07-09 12:00
Proceeds used to retire $68 million of existing debt with the remainder designated for future growth initiatives Additional facility of up to $35 million available for strategic M&A No material debt maturing until late 2028 TORONTO, July 09, 2025 (GLOBE NEWSWIRE) -- TerrAscend Corp. (“TerrAscend” or the “Company”) (TSX: TSND, OTCQX: TSNDF), a leading North American cannabis company, today announced that the Company, together with certain entities that are consolidated by the Company (the “Consolidated Entit ...
Tilray Brands to Announce Fourth Quarter and Fiscal Year 2025 Financial Results on July 28, 2025
GlobeNewswire News Room· 2025-07-09 11:00
Core Viewpoint - Tilray Brands, Inc. is set to release its financial results for the fourth quarter and full fiscal year ended May 31, 2025, on July 28, 2025, after market close [1] Group 1: Financial Results Announcement - The financial results will be announced after market close on July 28, 2025 [1] - A live conference call and audio webcast will be held to discuss these results at 4:30 PM Eastern Time on the same day [2] Group 2: Company Overview - Tilray is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America [3] - The company focuses on the cannabis, beverage, wellness, and entertainment industries, aiming to elevate lives through moments of connection [3] - Tilray supports over 40 brands in over 20 countries, offering comprehensive cannabis products, hemp-based foods, and craft beverages [3]
FLUENT Celebrates First Adult-Use Dispensary with the rebrand of the recently acquired Kingston Dispensary in New York
Globenewswire· 2025-07-08 16:10
Core Insights - FLUENT Corp. has rebranded its Kingston, New York dispensary, marking its first adult-use storefront in the state following the acquisition of RIV Capital [1][2] - The rebranding signifies FLUENT's strategic entry into New York's adult-use cannabis market, aiming for brand consistency and customer loyalty [3][4] Company Strategy - The rebranding of the Kingston location is part of a broader strategy to unify the FLUENT experience across its geographic footprint, with plans to rebrand three additional dispensaries in New York [3][4] - FLUENT's mission focuses on delivering a premium cannabis experience based on trust, quality, and education, ensuring customers know what to expect from the FLUENT brand [5] Product Offering - The Kingston dispensary now features FLUENT's premium in-house product lineup, including brands like MOODS, Knack, Wandr, Bag-O, and Hyer Kind [4][6] - The company operates across multiple states, including Florida, New York, Pennsylvania, and Texas, with a total of 42 active retail locations [6] Operational Excellence - FLUENT is committed to operational excellence in cultivation, production, distribution, and retail experience, employing 700 staff across 8 cultivation and manufacturing facilities [6]