CannTrust’s Q1 revenue doubles on medical marijuana sales; net income up

MJBizDaily
By Matt LamersMay 14, 2019, 2:39 pm232 pts
Ontario, Canada-based CannTrust Holdings reported that first-quarter revenue more than doubled from a year earlier, mostly on the back of rising medical marijuana sales, while the company’s net income inched higher. Adult-use sales, however, struggled. First-quarter revenue jumped 115% from a year earlier to…

Read Article Share
Share Article
- email
- twitter
- facebook
- pocket
- reddit
- tumblr
- linkedin
- pinterest

Trending Today on NewsBudz

Congressional Committee Directs Federal Agencies To Study State Marijuana Laws 78

Did California’s biggest marijuana cultivator fool state regulators? 77

New Nebraska Measure To Create A Constitutional Right To Use Marijuana Filed For 2026 Ballot 72

U.S. Military Adds Psilocin to Drug Testing Policy 70

House Democrats introduce longshot federal marijuana legalization bill 70

High Tide Closes Acquisition of a Majority Stake in Remexian Pharma GmbH 69

Report: USDA Miscalculations Are Hurting Hemp Farmers 66

From Tariffs to Tech: How U.S. Cone Manufacturing & Automation Are Rewiring Pre-roll Production 64

About NewsBudz

NewsBudz is your go-to app for daily cannabis news, covering everything from medical marijuana breakthroughs to recreational cannabis trends and legalization updates.

Our platform aggregates content from over 30 top-tier cannabis news outlets to deliver a curated stream of the latest headlines, insights, and developments across the marijuana and hemp industries.

Whether you're interested in policy reform, health research, cannabis business, CBD, delta 9 products or lifestyle stories, NewsBudz keeps you informed and connected. Accessible on the web and mobile, NewsBudz makes it easy to explore, read, and share cannabis news anytime, anywhere.