Public Cannabis Company Revenue Tracker Provides Updates through May 30, 2018 – New Cannabis Ventures

The Public Cannabis Company Revenue Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis stocks that generate industry sales of more than $2.5 million per quarter (in USD). This data-driven, fact-based tracker will continually update based on new filings so that readers can stay up to date. Companies must file with the SEC or SEDAR to be considered for inclusion.

Sixteen companies currently qualify for inclusion, with six filing in U.S dollars and ten in the Canadian currency. In the last part of May, two Canadian companies provided financial updates. Golden Leaf Holdings (CSE: GLH) (OTC: GLDFF), which reports in U.S. dollars, produced revenue of $3.2 million in Q1, representing growth of 42% over the prior year but a decline from $4.03 million in Q4. The reason for the decline was the inclusion of royalties in excess of $1 million in the prior quarter. The growth from a year ago reflects the mid-2017 acquisition of Chalice Farms, with the prior business focused on extracts experiencing a decline in revenues generated from a  year ago. The company reported

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