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Stock impact report

Acreage Reports Fourth Quarter and Full Year 2023 Financial Results [Financial Post (Toronto, Ontario, Canada)]

Canopy Growth Corporation - Common Shares (CGC) 
Company Research Source: Financial Post
Achieved positive Adjusted EBITDA* for the 12th consecutive quarter Continued focus on expanding offering and distribution of flagship brands The Botanist and Superflux in advance of Canopy USA Article content Reduced Q4 2023 operating expenses by 72% year-over-year, including a nearly 50% decrease in G&A expenses Canopy shareholders approved reorganization on April 12, 2024, another step toward Canopy USA NEW YORK, April 29, 2024 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage” or the “Company”) (CSE: ACRG.A.U, ACRG.B.U) (OTCQX: ACRHF, ACRDF), a vertically integrated, multi-state operator of cannabis cultivation and retailing facilities in the U.S., today reported its financial results for the fourth quarter (“Q4 2023”) and full year ended December 31, 2023 (“FY 2023”). Article content Fourth Quarter Financial Highlights Consolidated revenue of $52.8 million. Gross margin was 32%. Excluding the impact of non-cash inventory adjustments, Q4 2023 adjusted gross ma Show less Read more
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