One of Canada’s best known cannabis and consumer packaged goods companies posted significant improvements in free cash flow, gross profitability and adjusted EBITDA in Q1 fiscal 2025, though the business continues to hemorrhage cash. Revenue declined 13 per cent to C$66 million because of divested businesses.
Click here for the full story.
Weekly Update – Top Cannabis News Stories
1 | Top Story: Tilray to acquire four craft beer breweries from Molson Coors
2 | Lifeist’s Chairman explains decision to divest CannMart
3 | Solei launches new THC-infused sparkling beverages and topicals
Top Cannabis Stocks Aug. 9 to Aug. 15, 2024
1. T.TLRY | 6,656 views | .Tilray Brands Inc.
2. T.WEED | 5,174 views | Canopy Growth Corp
3. C.CURA | 4,564 views | Curaleaf Holdings Inc.
4. C.OILS | 3,874 views | Nextleaf Solutions Ltd.
5. T.LABS | 3,436 views | Medipharm Labs Corp.
6. TSX:DN | 1,721 views | Delta 9 Cannabis Inc.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
(Top photo: File)