Ontario Cannabis Retail Corporation

CuraScientific Announces a Successful Kava Bar Event and $500K Revenue for Q2

Retrieved on: 
Wednesday, July 19, 2023

PALM SPRINGS, CA, July 19, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – CuraScientific Corp. (OTC PINK: CSTF) (“CuraScientific” or the “Company”), announces that the expected reported revenues for Q2 will be approximately $500,000+, and the Kava Bar event held on Saturday was a success.

Key Points: 
  • PALM SPRINGS, CA, July 19, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – CuraScientific Corp. (OTC PINK: CSTF) (“CuraScientific” or the “Company”), announces that the expected reported revenues for Q2 will be approximately $500,000+, and the Kava Bar event held on Saturday was a success.
  • The new Kava Bar revenue will be reported in Q3.
  • On Saturday July-15th, the company had a special event at their Palm Desert-California Kava Bar.
  • Press LINK to watch KAVA BAR Event; https://www.youtube.com/shorts/LocU5HyN2KA
    William Reed, CEO and Chairman, stated, “I like to refer to our business as a “sober bar”.

Organigram Reports Third Quarter Fiscal 2023 Results

Retrieved on: 
Friday, July 14, 2023

Q3 Fiscal 2023 saw the introduction of a record-breaking 28 new SKUs to the market for Organigram.

Key Points: 
  • Q3 Fiscal 2023 saw the introduction of a record-breaking 28 new SKUs to the market for Organigram.
  • Organigram has introduced one of its newest high THC cultivars, Tropical Reign, in large format 28g bags, under its Holy Mountain brand.
  • For Fiscal 2023 the Company had approximately $10 million in remaining capex committed to the three facilities.
  • Organigram believes its capital position is healthy and that there is sufficient liquidity available for the near to medium term.

Atlas Global Brands Provides Corporate Update and Outlines Growth Strategy

Retrieved on: 
Wednesday, June 7, 2023

CHATHAM, ONTARIO and TEL-AVIV, ISRAEL, June 07, 2023 (GLOBE NEWSWIRE) -- Atlas Global Brands Inc. (“Atlas Global”, “Atlas” or the “Company”) (CSE: ATL), a cannabis company with expertise across the value chain, is pleased to provide an update on the Company’s recent milestones, business integration activities and global growth catalysts. Atlas will also host a webinar on June 22, 2023, to provide an overview of the Company and its strategic objectives ahead. Investors can register to attend here. A recording of the webinar will be made available on Atlas’ investor relations website.

Key Points: 
  • Atlas launches D*gg Lbs brand in collaboration with Snoop Dogg, first SKUs ready for OCS summer product call
    CHATHAM, ONTARIO and TEL-AVIV, ISRAEL, June 07, 2023 (GLOBE NEWSWIRE) -- Atlas Global Brands Inc. (“Atlas Global”, “Atlas” or the “Company”) (CSE: ATL), a cannabis company with expertise across the value chain, is pleased to provide an update on the Company’s recent milestones, business integration activities and global growth catalysts.
  • For efficiency and costs savings, the Trading House will supply Atlas’ pharmacies in Israel, strengthening Atlas’ globally owned supply chain.
  • As part of its business integration strategy, Atlas will maintain its focus on streamlining operations, international growth and strengthening its balance sheet.
  • We firmly believe these strategic initiatives will yield significant value for Atlas’ shareholders,” said Bernie Yeung, CEO of Atlas Global.

Lifeist’s CannMart Reports Growth Across Popular Categories and New Product Launches

Retrieved on: 
Thursday, May 18, 2023

I look forward to continue to work with these brands to grow market share and expand beyond traditional product categories."

Key Points: 
  • I look forward to continue to work with these brands to grow market share and expand beyond traditional product categories."
  • “Zest and Rilaxe are great additions to CannMart’s brand portfolio meeting internal targets and driving growth within their respective market categories," said Meni Morim, CEO of Lifeist.
  • Zest’s #1 selling SKU, Pink Lemon Liquid Diamond Vape, achieved 14% month-over-month growth in April in all listed provinces since launch.
  • Lifeist continues to make strides in the cannabis market through the success of its subsidiary, CannMart Inc., and the growth of partner brands Zest Cannabis and Rilaxe.

Cannabis Wiki Announces Ontario Cannabis Store as an Education Partner at the 2023 Conference & Expo

Retrieved on: 
Wednesday, April 12, 2023

The conference is an opportunity to connect, learn and grow with diverse industry experts including a research, innovation and education symposium with a focus on post-secondary institutions in southwestern Ontario.

Key Points: 
  • London, Ontario--(Newsfile Corp. - April 12, 2023) - Cannabis Wiki is pleased to announce the Ontario Cannabis Store (OCS) as a platinum partner at this year's 2023 Conference and Expo taking place in London, Ontario from June 14-15, 2023.
  • The second annual Cannabis Wiki Conference and Expo is hosted by and presented in partnership with the Western Fair District and will offer a premier cannabis-related event to southwestern Ontario.
  • The 2023 conference will attract a wide range of industry speakers, workshop facilitators, podcasters, journalists, retailers, budtenders, post-secondary cannabis educators, cannabis entrepreneurs and licensed producers.
  • "We are pleased to support the 2023 Cannabis Wiki Conference & Expo.

Toronto’s First CannExpo is a Groundbreaking Consumer and Retail Spectacle

Retrieved on: 
Tuesday, March 7, 2023

CannExpo intends to change that, bringing cannabis consumption into the mainstream through this innovative and groundbreaking, three-day-long spectacle.

Key Points: 
  • CannExpo intends to change that, bringing cannabis consumption into the mainstream through this innovative and groundbreaking, three-day-long spectacle.
  • The depth and diversity of this first-ever cannabis consumer show make it the cannabis show to experience.
  • It was designed and executed by Kathryn Reilly, a woman with significant experience in launching winning consumer shows (National Bridal Show, Gardening Show, BabyTime).
  • Popular cannabis brands will exhibit including licensed retail stores, craft growers, accessories, cannabis crafts, organic hemp products, and more.

Explore all things cannabis at CannExpo March 25-26 at Enercare Centre

Retrieved on: 
Thursday, March 2, 2023

The Ontario Cannabis Store will also be in attendance to promote their new education hub for Ontarians, Cannabis Made Clear.

Key Points: 
  • The Ontario Cannabis Store will also be in attendance to promote their new education hub for Ontarians, Cannabis Made Clear.
  • Cannexpo is also excited to host ten Access Grants winners at the show, sponsored by the Ontario Cannabis Store.
  • These grants aim to increase the presence and participation of Black, Indigenous and people of colour-owned retailers and licensed producers at CannExpo.
  • Cannabis has been legal in Canada for four years now and there is still so much stigma associated with it,” said Kathryn Reilly, CEO of CannExpo.

High Tide Releases Audited 2022 Financial Results Featuring Record Fourth Quarter Revenue of $108.2 Million and Record Adjusted EBITDA of $5.0 Million

Retrieved on: 
Tuesday, January 31, 2023

In the fourth quarter of fiscal 2022, revenue was $93.9 million in Canada (an increase of 16% sequentially), $13.2 million in the United States (an increase of 4% sequentially), and $1.2 million internationally (a decrease of 37% sequentially).

Key Points: 
  • In the fourth quarter of fiscal 2022, revenue was $93.9 million in Canada (an increase of 16% sequentially), $13.2 million in the United States (an increase of 4% sequentially), and $1.2 million internationally (a decrease of 37% sequentially).
  • Sequentially, Cabanalytics data sales increased to $6.4 million from $5.5 million in the third fiscal quarter
    The Company’s bricks-and-mortar locations generated same-store sales growth of 50% year-over-year and 9% sequentially in the fourth fiscal quarter of 2022.
  • High Tide stands for great experience and expertise in building retail cannabis brand strategies like no other player.
  • For the New Cannabis Ventures’ senior listing, segmented cannabis-only sales must generate more than US$25 million per quarter (CAD$31 million) – for full details, see: https://www.newcannabisventures.com/cannabis-company-revenue-ranking/
    Selected financial information for the fourth quarter and year ended October 31, 2022:

High Tide Releases Audited 2022 Financial Results Featuring Record Fourth Quarter Revenue of $108.2 Million and Record Adjusted EBITDA of $5.0 Million

Retrieved on: 
Tuesday, January 31, 2023

In the fourth quarter of fiscal 2022, revenue was $93.9 million in Canada (an increase of 16% sequentially), $13.2 million in the United States (an increase of 4% sequentially), and $1.2 million internationally (a decrease of 37% sequentially).

Key Points: 
  • In the fourth quarter of fiscal 2022, revenue was $93.9 million in Canada (an increase of 16% sequentially), $13.2 million in the United States (an increase of 4% sequentially), and $1.2 million internationally (a decrease of 37% sequentially).
  • Sequentially, Cabanalytics data sales increased to $6.4 million from $5.5 million in the third fiscal quarter
    The Company's bricks-and-mortar locations generated same-store sales growth of 50% year-over-year and 9% sequentially in the fourth fiscal quarter of 2022.
  • High Tide stands for great experience and expertise in building retail cannabis brand strategies like no other player.
  • For the New Cannabis Ventures' senior listing, segmented cannabis-only sales must generate more than US$25 million per quarter (CAD$31 million) – for full details, see: https://www.newcannabisventures.com/cannabis-company-revenue-ranking/
    Selected financial information for the fourth quarter and year ended October 31, 2022:

Indiva Reports Third Quarter 2022 Results

Retrieved on: 
Tuesday, November 22, 2022

Indiva Limited (the Company or Indiva) (TSXV:NDVA) (OTCQX:NDVAF), the leading Canadian producer of cannabis edibles and other cannabis products, is pleased to announce its financial and operating results for the third fiscal quarter ended September 30, 2022.

Key Points: 
  • Indiva Limited (the Company or Indiva) (TSXV:NDVA) (OTCQX:NDVAF), the leading Canadian producer of cannabis edibles and other cannabis products, is pleased to announce its financial and operating results for the third fiscal quarter ended September 30, 2022.
  • In the third quarter, Indiva launched a record number of SKUs, primarily into the province of Ontario and B.C.
  • Gross revenue in Q3 2022 was $8.8 million, representing a 1.1% sequential decrease from Q2 2022, and a 5.9% increase year-over-year from Q3 2021.
  • Data from Hifyre Inc. for the third quarter of 2022 shows strong sell-through of Indiva edible products.