Cannabis
Search documents
2 Beaten-Down Stocks That Haven't Hit Rock Bottom Yet
The Motley Fool· 2025-07-11 10:00
Group 1: Canopy Growth - Canopy Growth has been a disappointing investment over the past five years, with a significant decline in net revenue and increased losses per share [3][4] - The cannabis industry faces challenges such as legal and regulatory issues, competition from illicit markets, and oversupply, particularly in Canada [5][6] - Despite cost-cutting efforts and a focus on in-demand products, the long-term outlook for Canopy Growth remains bleak, with expectations of further stock decline [6][7] Group 2: Novavax - Novavax reported substantial revenue growth in the first quarter, with revenue of $666.7 million and a net income of $518.6 million, a significant improvement from the previous year [8] - The company has positive results from phase 3 studies for its influenza and combination COVID-19 vaccines, along with partnerships with major pharmaceutical companies [8][9] - However, the long-term sustainability of Novavax's performance is questionable due to market unpredictability, competition from leaders like Moderna and Pfizer, and reliance on external funding for future trials [10][12][13]
Rubicon Organics to Hold Annual General and Special Meeting
Globenewswire· 2025-07-10 21:00
Core Viewpoint - Rubicon Organics Inc. is set to hold its Annual General and Special Meeting on July 31, 2025, to discuss various corporate matters including financial statements and director elections [1][2]. Company Overview - Rubicon Organics is a leading Canadian producer of certified organic and premium cannabis, with a vertically integrated model and a strong national distribution network [4]. - The company is scaling trusted brands such as Simply Bare™ Organics and 1964 Supply Co.™, supported by its Delta, BC Facility and the newly acquired Hope, BC Facility, which will increase production capacity by over 40% [5]. Financial and Operational Highlights - The company has demonstrated consistent revenue growth and positive Adjusted EBITDA, driven by a focus on premium quality, innovation, and operational execution [6]. - Rubicon Organics is positioned to capitalize on the increasing global demand for high-quality cannabis, distinguishing itself through brand equity and consumer loyalty [6]. Meeting Agenda - The Meeting will cover the following key items: 1. Review of audited financial statements for the year ended December 31, 2024 [8]. 2. Setting the number of directors at eight [8]. 3. Election of directors for the upcoming year [8]. 4. Appointment of PricewaterhouseCoopers LLP as auditors and authorization for directors to fix their remuneration [8]. 5. Consideration of an amendment to the Omnibus Equity Incentive Plan to reserve 8,960,179 Common Shares for issuance [8]. 6. Discussion of any other business that may properly come before the Meeting [8].
SNDL to Announce Second Quarter 2025 Financial Results on July 31, 2025
Prnewswire· 2025-07-10 20:30
Company Overview - SNDL Inc. is one of the largest vertically integrated cannabis companies in Canada and the largest private-sector liquor and cannabis retailer [2] - The company operates various retail banners including Ace Liquor, Wine and Beyond, Liquor Depot, Value Buds, Spiritleaf, and Superette [2] - SNDL's consumer-facing cannabis brands include Top Leaf, Contraband, Palmetto, Bon Jak, La Plogue, Versus, Value Buds, Vacay, Pearls by Grön, No Future, and Bhang Chocolate [2] Financial Results Announcement - SNDL will release its second quarter 2025 financial results for the period ended June 30, 2025, before market opens on July 31, 2025 [1] - A conference call and webcast will be hosted by SNDL at 10:00 a.m. EDT (8:00 a.m. MDT) on July 31, 2025, following the release of the financial results [1]
TerrAscend to Host Second Quarter 2025 Earnings Conference Call
Globenewswire· 2025-07-10 12:00
Core Viewpoint - TerrAscend Corp. will host a conference call to discuss its second quarter financial results for 2025 on August 7, 2025, after market close [1] Group 1: Conference Call Details - The conference call is scheduled for Thursday, August 7, 2025, at 5:00 p.m. Eastern Time [2] - A webcast will be available at https://app.webinar.net/0K9b289Jyd7 [2] - The dial-in number for the call is 1-888-510-2154, with a replay available until midnight Eastern Time on August 21, 2025 [2] Group 2: Company Overview - TerrAscend is a leading cannabis company listed on TSX, with operations across North America, including states like Pennsylvania, New Jersey, Maryland, Ohio, Michigan, and California [3] - The company operates retail locations such as The Apothecarium and Gage, along with cultivation, processing, and manufacturing facilities [3] - TerrAscend offers a wide range of high-quality cannabis products for both medical and legal adult-use markets, owning or licensing several brands including Gage Cannabis, Cookies, and Wana [3]
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]