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Benzinga

Business

Jelena Martinovic

Top Cannabis Companies By Revenue In May, Marijuana Stocks To Check Out As Earnings Season Fades

Marijuana Pablo Zuanic HEXO Kim Rivers Trulieve Curaleaf Green Thumb Industries Nasdaq

As another earnings season draws to a close, investors in cannabis stocks have gone through some trying times.

Many companies within the space reported a sequential drop in revenue for the first quarter of fiscal 2022, including Charlotte's Web Holdings (TSX:CWEB) (OTCQX:CWBHF), Columbia Care Inc. (OTC:CCHWF), Greenlane Holdings, Inc. (NASDAQ:GNLN), Cresco Labs (CSE:CL) (OTCQX:CRLBF), Planet 13 Holdings Inc. (CSE:PLTH) (OTCQX:PLNHF), TPCO Holding Corp. (NEO: GRAM.U) (OTCQX:GRAMF), which is doing business as The Parent Company, TILT Holdings Inc. (NEO: TILT) (OTCQX:TLLTF), Sundial Growers Inc. (NASDAQ:SNDL), Jushi Holdings Inc. (CSE:JUSH) (OTCQX:JUSHF) and Verano Holdings Corp. (OTC:VRNOF) to name a few.

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