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Category Archives: Financial Statement

Earnings Briefing, Cannabis Companies Showing Strong Growth

Grow Generation (OTCQX: GRWG) Q3 2019 Financial Highlights: Net income of $1,049,699 for Q3 2019 compared to a net loss of $(784,573) for Q3 2018, an increase of $1.8 million. Adjusted EBITDA of $2,046,730 for Q3 2019 compared to adjusted EBITDA of $(71,584) for Q3 2018, an increase of $2.1 million. GAAP earnings of $.03 per share

US MSO Financial Health

What Is A Multi-State Operator (MSO)?  Although there is no exact technical definition, an MSO is usually taken to mean a marijuana company with operations in multiple states. The largest MSOs have vertically-integrated operations in multiple states where some form of marijuana (medicinal use and/or recreational