Cuomo estimates $300 million in tax revenue from legalized marijuana
Gov. Andrew Cuomo says New York should legalize recreational marijuana for adults over 21, which he said would eventually rake in $300 million—starting with $83 million in 2021. The Democratic... To view the full story, click the title link......»»
Nokia first quarter in profit, revenues miss consensus
Nokia Oyj on Thursday reported a 2% fall in first-quarter revenue that missed analysts' estimates, as it took a hit of about 200 million euros to its topline largely because the COVID-19 pandemic disrupted supply in China......»»
Medical Marijuana, Inc. Reports 2019 Fourth Quarter and Year-End Financial and Operational Results: Net Revenue Surpasses $75 Million, Increasing 26% Year-Over-Year and Positive Adjusted EBITDA
SAN DIEGO, April 29, 2020 /PRNewswire/ --Â Medical Marijuana, Inc. (OTC:MJNA) (the "Company"), the first-ever publicly traded cannabis company in the United States that launched the world's first-ever ca.....»»
Snap Gets the Earnings Picture Right
After markets closed Tuesday, Snap reported a net loss of $0.08 per share and $462 million in revenue, compared with consensus estimates that called for a net loss of $0.07 per share and $431.43........»»
Canadian cannabis company OrganiGram loss widens in latest quarter as revenue falls short of estimates
Canadian cannabis company OrganiGram Holdings Inc. said Tuesday it had a net loss of C$6.8 million ($4.9 million), or 41 cents a share, in its fiscal second quarter t.....»»
Verint shares fall after revenue miss
Verint Systems Inc. shares plunged 7.3% in the extended session Tuesday after the company reported fourth-quarter revenue below consensus estimates. The company reported fourth-quarter net income of $4.9 million, or 7 cents a sh.....»»
Historically Slow Month Nets 14.8% YoY Rise In Cannabis Retail Sales
Legalized marijuana sales in the five-largest markets reached a combined $574.1 million, a year-over-year increase of 15%. read more.....»»
Cannabis Watch: Cronos stock falls after earnings, restating several quarters of financial statements
Marijuana producer Cronos Group Inc. shares fell 2% in the extended session Monday after the company restated several quarters of results and reported revenue below the consensus estimates......»»
Micron shares rise 6% on revenue that beats Wall Street estimates
Micron Technology Inc. shares were up 6% in after-hours trading Wednesday after the chip maker reported fiscal second-quarter earnings that beat Wall Street revenue estimates. Micron reported net income of $405 million in the quarter, or 36 cents a.....»»
HyreCar shares flat on higher revenue, bigger loss
HyreCar Inc. shares were up 0.5% in after-hours trading Wednesday after the digital car-sharing service reported fiscal fourth-quarter earnings that beat Wall Street estimates. HyreCar reported a loss of $4.9 million in the quarter, or 40.....»»
Marijuana-retailer Curaleaf revenue tops estimates
Cannabis retailer Curaleaf Holdings Inc. reported revenue .....»»
Casper Sleep narrows loss in Q4 but revenue falls short of estimates
Casper Sleep Inc. said Thursday it has a net loss of $25.6 million in the fourth quarter, narrower than the $27.9 million loss posted in the year-earlier period. The company did not offer a per-share loss number for the quarter in its f.....»»
Adidas estimates coronavirus may slice $1 billion off revenue
Adidas AG forecast first-quarter sales in China will fall by 800 million euros to 1 billion euros ($908 million to $1.1 billion) because of the coronavirus and said that business is slowing in Japan and South Korea......»»
Gaylord Rockies owner expects $40M revenue hit as coronavirus impacts travel nationwide
Nashville’s highest-profile tourism company estimates an approximate loss of $40 million in revenue due to the impact of COVID-19, also known as the coronavirus. Colin Reed, chairman and CEO of Ryman Hospitality Properties Inc. (NYSE: RHP), ann.....»»
Okta shares rise 5% on strong revenue
Okta Inc. shares were up 5% in after-hours trading Thursday after the identity-management services company reported fourth-quarter earnings that beat Wall Street estimates. Okta reported a loss of $50.5 million in the quarter, or 42 c.....»»
Cannabis Watch: Tilray stock drops after revenue miss, $112 million impairment charge
Tilray Inc. shares dropped more than 8% in the extended session Monday after the weed company posted revenue that missed Wall Street estimates and a larger than expected loss......»»
Cannabis Retail Sales Rise 13%, Hitting $589 Million In Legalized US Markets
Legalized marijuana sales in the five-largest markets rose 4% from November, reaching a combined $589.3 million, a 13% rise year-over-year. read more.....»»
Marijuana generates $10M in taxes in first month in Illinois
Illinois collected more than $10 million in taxes on recreational marijuana sales in the first month. That's way more than what was estimated to be collected. The Illinois Department of Revenue reported recreational sales generated $7,332,058 in cann.....»»
Etsy shares soar 13% on jump in revenue, earnings
Etsy Inc. shares were up 13% in after-hours trading Wednesday after the online marketplace reported fourth-quarter earnings that beat Wall Street estimates. Etsy reported net income of $31.3 million, or 25 cents a share, in the quarter, compared w.....»»
Cannabis Watch: GW Pharma"s marijuana-derived epilepsy drug sales continue to climb
GW Pharmaceuticals Inc. reported revenue that topped the consensus estimates Tuesday, as the company’s marijuana-derived epilepsy drug continue to grow......»»