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Aurora Cannabis to Host First Quarter 2026 Investor Conference Call
Prnewswire· 2025-07-23 21:35
Core Viewpoint - Aurora Cannabis Inc. is set to announce its financial results for the first quarter of 2026 on August 6, 2025, and will host a conference call to discuss these results [1][5]. Group 1: Conference Call Details - The conference call is scheduled for August 6, 2025, at 8:00 a.m. Eastern Time and 6:00 a.m. Mountain Time [2]. - Miguel Martin, Executive Chairman and CEO, along with Simona King, CFO, will lead the conference call and Q&A session [2]. Group 2: Company Overview - Aurora Cannabis is a leading global medical cannabis company based in Edmonton, Alberta, serving both medical and consumer markets across Canada, Europe, Australia, and New Zealand [3]. - The company offers a diverse portfolio of brands, including adult-use brands like Drift and San Rafael '71, and medical brands such as MedReleaf and CanniMed [3]. - Aurora holds a controlling interest in Bevo Farms Ltd., a major supplier of propagated agricultural plants in North America [3]. Group 3: Stock Information - Aurora's common shares are traded on NASDAQ and TSX under the symbol "ACB" [4].
Exploring Analyst Estimates for Tilray Brands (TLRY) Q4 Earnings, Beyond Revenue and EPS
ZACKS· 2025-07-23 14:16
In its upcoming report, Tilray Brands, Inc. (TLRY) is predicted by Wall Street analysts to post quarterly loss of -$0.03 per share, reflecting an increase of 25% compared to the same period last year. Revenues are forecasted to be $240.05 million, representing a year-over-year increase of 4.4%. Over the past month, Tilray Brands shares have recorded returns of +105.8% versus the Zacks S&P 500 composite's +5.9% change. Based on its Zacks Rank #3 (Hold), TLRY will likely exhibit a performance that aligns with ...
Trulieve Announces Expanded Distribution of Onward and Launch of THC-Infused Energy Drink Upward
Prnewswire· 2025-07-23 12:00
Core Insights - Trulieve Cannabis Corp. has announced the expanded distribution of its premium Onward beverages and the launch of a new THC-infused energy drink called Upward, available in Florida and Illinois [1][2] - The company has received positive customer feedback for Onward and aims to capitalize on this momentum with the introduction of Upward, which is designed for active and wellness-focused lifestyles [2] - Upward beverages come in various flavors and contain a blend of THC, CBD, and energy-boosting ingredients like green coffee beans and black tea leaves [3] Distribution and Partnerships - Onward and Upward beverages are now available at all ABC Fine Wine & Spirits and Total Wine & More locations in Florida, with new distribution partnerships established with Romano Beverage in Illinois and Anheuser-Busch in Northern Florida [2] - These partnerships will allow the beverages to be found in hundreds of retail locations across Florida and Illinois [2] Product Details - Upward beverages are offered in flavors such as 5 milligram Lemonade, Peach Nectarine, Strawberry Tea, and 10 milligram Pink Lemonade, and are marketed as low-calorie energy drinks [3] - The beverages are crafted in the USA, emphasizing a balance of THC and CBD along with energy-enhancing components [3] Company Overview - Trulieve is a leading vertically integrated cannabis company in the U.S., with significant market presence in Arizona, Florida, and Pennsylvania [5] - The company is focused on growth and expansion through a hub strategy, enhancing retail and distribution capabilities in both new and existing markets [5] - Trulieve aims to provide innovative, high-quality products to improve customer experiences and increase access to cannabis [5]
Greenway Announces Filing of its Audited Year-End Financial Statements For the Fiscal Year ended March 31, 2025
Prnewswire· 2025-07-23 11:30
Core Insights - Greenway Greenhouse Cannabis Corporation reported a significant 71% increase in annual revenue for the year ended March 31, 2025, reaching CAD 8,948,943, with a remarkable 107% growth in the fourth quarter [1][5] - The average selling price of cannabis rose by 40% year-over-year to CAD 1.32 per gram, with the fourth quarter average at CAD 1.46 per gram, indicating strong brand strength and premium product positioning [1][5] - The company transitioned from a cash burn to generating net cash of CAD 1.8 million from operating activities, marking a pivotal shift in financial health [1][5] Financial Performance - The total grams sold during the fiscal year amounted to 6,803,628, reflecting a 23% increase year-over-year [5] - Adjusted EBITDA for the year was CAD 1,181,419, a significant improvement from a negative adjusted EBITDA of CAD 624,391 in the previous year [5][7] - The company achieved a net income of CAD 202,729 in the fourth quarter, showcasing a turnaround in profitability [5] Operational Metrics - The average cash cost per gram sold was CAD 0.83, with a reduced cost of CAD 0.73 in the fourth quarter, indicating improved operational efficiency [5] - Working capital, excluding amounts due to related parties, increased to CAD 3,997,814 as of March 31, 2025, compared to CAD 3,283,911 the previous year [5] - The cash balance rose by CAD 1,612,088 to CAD 3,142,898 over the fiscal year, reflecting enhanced liquidity [5]
Pure Sunfarms Rolls Out New Windowed Packaging
GlobeNewswire News Room· 2025-07-23 11:00
Core Insights - Pure Sunfarms Corp. is the first licensed cannabis producer in Canada to introduce windowed packaging for its dried flower products, allowing consumers to see the product before purchase [1][2][3] - This packaging innovation is a response to recent regulatory changes from Health Canada, which now permits transparent containers and cut-out windows for dried flower packaging [2] - The new packaging aims to enhance consumer experience by allowing them to assess quality based on visual characteristics rather than solely on THC content [2][3] Company Overview - Pure Sunfarms is a leading cannabis producer in Canada, operating one of the largest cannabis facilities globally, with a focus on high-quality B.C. grown cannabis [4][7] - The company is recognized as a top-selling brand of recreational dried flower in Canada and produces popular cultivars like Pink Kush [5] - Pure Sunfarms is a wholly owned subsidiary of Village Farms International, Inc., which has extensive experience in Controlled Environment Agriculture and is expanding into high-growth cannabinoid opportunities [6][8] Market Position - Pure Sunfarms operates a greenhouse production facility of 2.2 million square feet and is noted as the lowest-cost producer in Canada [7] - The company has plans for future expansion with an additional 2.6 million square feet of greenhouse capacity [7] - Pure Sunfarms also exports medical cannabis to international markets and is involved in the commercialization of cannabis products through its subsidiary Rose LifeScience [8]
Jushi Holdings Inc. to Report Second Quarter 2025 Financial Results on August 5, 2025
Globenewswire· 2025-07-22 20:05
BOCA RATON, Fla., July 22, 2025 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced that it expects to report its financial results for the second quarter ended June 30, 2025, after the market closes on Tuesday, August 5, 2025. Management will host a conference call and audio webcast on Tuesday, August 5, 2025, at 4:00 p.m. ET to discuss the Company’s financial results. Event:Second Quarter 2025 Fina ...
Why Did Tilray Stock Pop Today?
The Motley Fool· 2025-07-22 18:29
Group 1 - Alliance Global Partners has cut its price target for Tilray Brands (TLRY) stock by 25%, from $1 to $0.75 per share, citing softness in international cannabis and alcohol sales [1][3] - Despite the price target cut, Tilray's stock price increased by 15.8% as of 2:05 p.m. ET on Tuesday, indicating an unexpected investor reaction [1][3] - Tilray generates 25% of its revenue and 40% of its gross profit from alcoholic beverages, which is significant for its overall financial performance [3] Group 2 - Tilray has not reported a profit since 2018 and has never generated positive free cash flow (FCF) [4][5] - Analysts do not expect Tilray to become profitable before 2029, although there are forecasts for positive FCF in 2026 [5] - Given the company's historical performance, there is skepticism regarding its ability to achieve positive FCF in the near future, leading to a recommendation to sell the stock [5]
Marijuana Stock Market Watch: 3 Top U.S. Picks for July 2025
Marijuana Stocks | Cannabis Investments And News. Roots Of A Budding Industry.™· 2025-07-22 14:00
Industry Overview - The U.S. cannabis industry is projected to reach $45 billion in legal sales by 2025, up from $38 billion in 2024, with forecasts suggesting growth to nearly $76 billion by 2030 [1] - The industry currently supports over 440,000 full-time jobs nationwide, indicating significant employment growth [1] - Political momentum is building with lawmakers reintroducing bills for cannabis law reform and states exploring new legalization efforts, which is generating optimism among investors [1] Company Highlights - **Curaleaf Holdings**: Operates in over 17 states with approximately 150 dispensaries, particularly strong in Florida and New York. The company reported over $330 million in revenue for Q1 2025, with gross margins near 48% [4][7] - **Trulieve Cannabis Corp.**: The second-largest cannabis operator in the U.S., with over 180 dispensaries, primarily in Florida. Q1 2025 revenue reached nearly $298 million, with gross margins of 62% [8][10] - **Verano Holdings Corp.**: Operates in more than a dozen states with over 150 retail locations. The company is focused on increasing profitability and expanding its retail footprint, maintaining steady revenue despite market challenges [11][13] Market Dynamics - Cannabis stocks are highly volatile, necessitating technical analysis and proper risk management strategies for traders [2] - Key performance indicators such as moving averages, volume breakouts, and Relative Strength Index (RSI) are essential for making informed trading decisions [2] - Diversification across multiple cannabis stocks can help minimize risks associated with single-stock exposure [2] Future Outlook - The upcoming earnings reports for Curaleaf, Trulieve, and Verano in August 2025 are anticipated to provide insights into revenue trends, profitability, and strategic direction [14] - Despite regulatory uncertainties, these companies are well-positioned for growth, with consistent expansion and improving margins [14]