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The company's fiscal 2024 results showed promise, with net revenue growing 26% year over year to $789 million. The company also reduced its convertible debt by about $300 million.
With Aurora trading at 1.18 times trailing-12-month sales, compared to Tilray's 1.2 multiple as of December 2024, investors can access a more focused play on medical-cannabis expansion without ...
This is a list of the world's largest cannabis companies by revenue.The list shows cannabis companies ranked by annual revenue. The list includes companies whose primary business activities are associated with cannabis.
[9] [10] [11] A 2015 ArcView Group report stated that it was the fastest growing industry in the United States. [12] The industry in the United States is expected to grow from $2 billion in 2014 to as much as $10 billion in 2018, depending on legalization outcomes. [13] By one estimate the industry in the United States could be $35 billion in ...
Tilray hopes that if marijuana becomes legal at the federal level in the U.S., it will be able to dominate the market for cannabis-infused drinks since it already has a business and distribution ...
In May 2021, Curaleaf announced it had signed a definitive agreement to acquire Los Sueños Farms, a 36-acre outdoor marijuana growing operation in Colorado, for over $60 million. [12] In September 2021, an Oregon subsidiary of the company, Cura Cannabis, mistakenly distributed tinctures with THC that were mislabeled as containing only CBD.
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