Bullish Thursday For Marijuana Stocks – Australis Capital, EVIO Among Top Gainers

GAINERS: Australis Capital (OTC:AUSAF) shares closed up 4900.00% at $0.01 EVIO (OTC:EVIO) shares closed up 100.00% at $0.0001…

GAINERS:

  • Australis Capital (OTC:AUSAF) shares closed up 4900.00% at $0.01
  • EVIO (OTC:EVIO) shares closed up 100.00% at $0.0001
  • Heritage Cannabis Holding (OTC:HERTF) shares closed up 25.00% at $0.01
  • Global Compliance (OTC:FUAPF) shares closed up 18.93% at $0.01
  • MedMen Enterprises (OTC:MMNFF) shares closed up 17.74% at $0.03
  • CNBX Pharmaceuticals (OTC:CNBX) shares closed up 15.38% at $0.01
  • Cannabix Technologies (OTC:BLOZF) shares closed up 14.84% at $0.23
  • 1933 Industries (OTC:TGIFF) shares closed up 12.68% at $0.02
  • Psychemedics (NASDAQ:PMD) shares closed up 11.46% at $3.89
  • MJ Holdings (OTC:MJNE) shares closed up 10.00% at $0.02
  • Kaya Holdings (OTC:KAYS) shares closed up 9.89% at $0.05
  • cbdMD (AMEX:YCBD) shares closed up 7.23% at $1.01
  • Corbus Pharmaceuticals (NASDAQ:CRBP) shares closed up 6.82% at $6.58
  • MGC Pharmaceuticals (OTC:MGCLF) shares closed up 6.67% at $0.00
  • Trees (OTC:CANN) shares closed up 6.50% at $0.14
  • Blueberries Medical (OTC:BBRRF) shares closed up 6.25% at $0.02
  • Greenlane Hldgs (NASDAQ:GNLN) shares closed up 6.11% at $0.61
  • EnWave (OTC:NWVCF) shares closed up 5.47% at $0.20
  • Body and Mind (OTC:BMMJ) shares closed up 4.08% at $0.08
  • RIV Capital (OTC:CNPOF) shares closed up 3.14% at $0.12
  • iAnthus Capital Hldgs (OTC:ITHUF) shares closed up 3.12% at $0.02
  • Aurora Cannabis (NASDAQ:ACB) shares closed up 3.09% at $0.57

LOSERS:

  • GrowLife (OTC:PHOT) shares closed down 16.67% at $0.00
  • SOL Glb Inv (OTC:SOLCF) shares closed down 14.67% at $0.16
  • Rocky Mountain High (OTC:RMHB) shares closed down 12.05% at $0.01
  • CLS Holdings USA (OTC:CLSH) shares closed down 8.75% at $0.05
  • Leafbuyer Techs (OTC:LBUY) shares closed down 8.16% at $0.05
  • Pharmadrug (OTC:LMLLF) shares closed down 6.38% at $0.00
  • 22nd Century Group (NASDAQ:XXII) shares closed down 6.35% at $0.68
  • Khiron Life Sciences (OTC:KHRNF) shares closed down 5.71% at $0.01
  • Canopy Gwth (NASDAQ:CGC) shares closed down 5.50% at $0.71
  • Village Farms Intl (NASDAQ:VFF) shares closed down 5.14% at $0.73
  • Tilray Brands (NASDAQ:TLRY) shares closed down 4.50% at $2.12
  • Emeren Group (NYSE:SOL) shares closed down 4.18% at $2.75
  • Nextleaf Solutions (OTC:OILFF) shares closed down 3.67% at $0.04
  • Cansortium (OTC:CNTMF) shares closed down 3.33% at $0.09
  • Item 9 Labs (OTC:INLB) shares closed down 3.25% at $0.01
  • Scotts Miracle Gro (NYSE:SMG) shares closed down 3.12% at $46.34

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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California Cannabis Co. Blum Reports $33M In 2023 Revenue After Wrapping Up Restructuring

Unrivaled Brands, Inc. has released unaudited financial results for its fiscal year and quarter ended December 31, 2023. The company reported revenue of $33 million from continuing operations for fiscal year 2023. In 2023, the company underwent a restructuring and strategic reorganization, culminating in the formation of a new holding company, Blum Holdings, Inc. The process was completed in early January, along with a reverse stock split of its common stock. The company reported that quarter-over-quarter retail revenue remained consistent with the previous quarter, decreasing slightly from $8.4 million to $8 million. The gross profit margin for the quarter was 53%. Total transactions in 2023 increased by 5% compared to the previous year. The CEO of Blum Holdings, Sabas Carrillo, stated that the company is focused on strategic growth initiatives, retail opportunities, margin growth through in-house brands, debt reduction, and operational efficiency in 2024.

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