Some of the Largest Cannabis Companies Will Soon Report Q4 Financials – New Cannabis Ventures

This data-driven, fact-based tracker will continually update based on new financial filings so that readers can stay up to date.

When we launched this resource in May 2019, companies with quarterly revenue in excess of US$2.5 million qualified.

We note that often operating income can include one-time items like stock compensation, inventory write-downs or public listing expenses, and we recommend that readers understand how these non-cash items can impact quarterly financials.

It had been expected generate overall revenue of $173 million, with adjusted EBITDA of $14.3 million, but the actual results for its fiscal Q2 ending in November were revenue of $155 million and adjusted EBITDA of $13.8 million.

GTI is expected to have generated revenue of $239 million, up 35% from a year ago, with adjusted EBITDA of $83 million.

High Tide moved up the Canadian rankings to the third spot, with sales increasing sequentially to C$53.9 million during its fiscal Q4 ending in October.

According to Sentieo, Canopy Growth is expected to have experienced a 9% revenue decline in its fiscal Q3 to C$139 million, with adjusted EBITDA of -C$110 million.

For our readers who are interested in staying on top of scheduled earnings calls in the sector, we have have created and continually update the Cannabis Investor Earnings Conference Call Calendar.

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