VANCOUVER, British Columbia, July 03, 2025 (GLOBE NEWSWIRE) -- Christina Lake Cannabis Corp. ("CLC" or the "Company") (CSE: CLC) announced today that it will not be filing its annual financial statements, accompanying management's discussion and analysis and related chief executive officer ("CEO") and chief financial officer ("CFO") certifications for the financial year ended February 28, 2025 (collectively, the "Annual Filings"), within the period prescribed for the filing of such documents under Parts 4, ...

Grow Sciences flower, pre-rolls, solventless extracts, vaporizers and edibles will initially be sold exclusively at Zen Leaf dispensaries in the Illinois market CHICAGO, June 19, 2025 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced an exclusive partnership with Grow Sciences, a cultivator of elite genetics in craft cannabis formats, to bring a suite of the Arizona-based company’s premier flower and ...

Company Participation - Westrock Coffee Company will participate in TD Cowen's 9th Annual Future of the Consumer Conference on June 3 - 4, 2025 [1][2] - The conference will feature presentations, fireside chats, and panel discussions focusing on various aspects of the consumer industry [2] Leadership and Innovation - Westrock Coffee's Co-Founder and CEO, Scott Ford, will join a live panel discussion on growth and innovation in the coffee category alongside Verve Coffee Roasters CEO, Colby Barr [3] - The panel is scheduled for June 3rd from 9:30 to 10:10 AM ET, highlighting leadership in scaling mission-driven coffee businesses and approaches to sustainability and technology [3] Company Overview - Westrock Coffee is a leading integrated provider of coffee, tea, flavors, extracts, and ingredients solutions in the U.S., offering services such as coffee sourcing, supply chain management, and product development [4] - The company operates in 10 countries and sources coffee and tea from 35 origin countries, serving various industries including retail, foodservice, and hospitality [4]

Toronto, Ontario, May 16, 2025 (GLOBE NEWSWIRE) -- Ayurcann Holdings Corp. (CSE: AYUR, OTCQB: AYURF) (“Ayurcann” or the “Company”) is excited to announce record-breaking financial results for the three months ended March 31, 2025, the highlights of which are included in this news release. As a leading player in the rapidly growing cannabis industry, Ayurcann continues to demonstrate exceptional growth and operational excellence, positioning itself for long-term success. All figures are reported in Canadian ...

Core Insights - Westrock Coffee Company reported solid financial results for the first quarter of 2025, with a focus on becoming a premier integrated strategic supplier in the coffee, tea, and energy sectors [3][4] - The company is confident in its growth trajectory and has reaffirmed its financial guidance for 2025 and 2026 [4] Financial Performance - Net sales increased to $213.8 million, reflecting an 11.1% growth compared to the prior year [8] - Gross profit decreased to $29.1 million, down 22.0% from the previous year [8] - The net loss for the quarter was $27.2 million, compared to a net loss of $23.7 million in the same period last year [8] - Consolidated Adjusted EBITDA was $8.2 million, which included $3.3 million in scale-up costs related to the Conway Facility, compared to $11.1 million in the prior year [8][28] Segment Results - Beverage Solutions segment net sales were $164.1 million, an increase of 3.8%, with Segment Adjusted EBITDA at $9.6 million, down 11.3% [8][24] - Sustainable Sourcing & Traceability segment net sales rose significantly to $49.7 million, a 44.4% increase, with Segment Adjusted EBITDA improving to $1.9 million from $0.3 million in the previous year [8][24] Cash Flow and Balance Sheet - Cash and cash equivalents at the end of the period were $33.1 million, up from $12.6 million a year ago [20] - Total assets increased to $1.14 billion from $1.10 billion at the end of 2024 [14][15] - Total liabilities rose to $793.5 million from $730.4 million at the end of 2024 [15] Outlook - The company is optimistic about its operational progress, particularly in scaling up production at its Conway facility and launching new products [3][4] - Westrock Coffee is committed to maintaining compliance with its financial covenants and has reaffirmed its guidance for future performance [4][26]

Net revenue in Q1 2025 increased by 28% year-over-year, 33% year-over-year net revenue growth on a constant currency basis PEACE NATURALS® retained its position as the number one cannabis brand in Israel1 Industry-leading balance sheet with $838 million in total cash and cash equivalents and short-term investments TORONTO, May 08, 2025 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”), today announced its 2025 first quarter business results. "2025 is shaping up to ...

VANCOUVER, British Columbia, April 30, 2025 (GLOBE NEWSWIRE) -- Christina Lake Cannabis Corp. (the “Company” or “CLC” or “Christina Lake Cannabis”) (CSE: CLC) (OTCQB: CLCFF) (FRANKFURT: CLB) further to the press release dated April 23, 2025, the Company is pleased to announce that it has closed the first tranche (the “First Tranche”) of a non-brokered private placement of units ("Units"), with each Unit consisting of one common share in the capital of the Company (each a “Share”) and one half of one common ...

New report outlines Westrock Coffee Company's initiatives and resources that promote responsible sourcing, supply chain transparency and environmental stewardship LITTLE ROCK, Ark., April 29, 2025 /PRNewswire/ -- Westrock Coffee Company (Nasdaq: WEST), North America's top manufacturer of private label coffee and tea, officially released a new report focused on its current and future sustainability and corporate responsibility initiatives. Notable progress highlights in the 2024 Westrock Coffee Sustainabilit ...