STOCK TITAN

Goodness Growth Holdings Inc - GDNSF STOCK NEWS

Welcome to our dedicated news page for Goodness Growth Holdings (Ticker: GDNSF), a resource for investors and traders seeking the latest updates and insights on Goodness Growth Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Goodness Growth Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Goodness Growth Holdings's position in the market.

Rhea-AI Summary
ACE Venture Enterprises, Inc., a minority-owned business, plans to acquire Vireo Health of New York to enter the New York market. The terms include a purchase price of $3 to $5 million, $20 million investment for a cultivation and manufacturing campus, and assumption of the IIP lease.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.7%
Tags
-
Rhea-AI Summary
Goodness Growth Holdings, Inc. reports record revenue and operating income in fiscal year 2023, with Q4 2023 revenue of $24.2 million, a 34.4% increase year-over-year. Operating income reached $5.4 million, marking the second consecutive quarter above $5 million. The company showed improvements in revenue, gross margin, and operating profit throughout 2023, positioning itself for growth in 2024. Despite positive financial results, the company faces compliance issues with its credit agreement due to pending divestment of New York operations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.7%
Tags
-
Rhea-AI Summary
ACE Ventures, , a minority-owned business, plans to acquire Vireo Health of New York for $3 to $5 million, with an additional $20 million investment for development. Goodness Growth will retain a 15% share of net profits with a collaborative advisory agreement. The transaction is expected to be completed by June 30, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.7%
Tags
Rhea-AI Summary
Goodness Growth Holdings, Inc. reschedules fourth quarter and full year results conference call due to scheduling conflicts. The call will now take place on April 1, 2024, after the market closes. Interested parties can join the call to discuss the company's performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.06%
Tags
-
Rhea-AI Summary
Goodness Growth Holdings, Inc. announces the release of its financial results for Q4 and full year 2023, with a conference call scheduled for March 28, 2024. The company aims to discuss its performance and engage with the investment community.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.91%
Tags
-
Rhea-AI Summary
Goodness Growth Holdings, Inc. (CSE: GDNS; OTCQX: GDNSF) announced the departure of General Counsel and Chief Compliance Officer, Michael Schroeder, who will be joining Venture Medical, LLC. The company plans to retain external legal counsel on an interim basis and continue compliance procedures through a mix of internal and external resources. Interim CEO Josh Rosen expressed gratitude for Schroeder's contributions and highlighted the company's efforts to maintain a strong standard of excellence across its operating state markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.39%
Tags
none
Rhea-AI Summary
Goodness Growth Holdings, Inc. (CSE: GDNS; OTCQX: GDNSF) reported Q3 revenue of $24.7 million, a 44.0% YoY increase, driven by adult-use activation in Maryland. Operating income reflects Maryland's performance, but the New York divestiture process is taking longer than anticipated.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.64%
Tags
-
Rhea-AI Summary
Goodness Growth Holdings, Inc. will release its financial results for Q3 2023 on November 14, 2023. The management will host a conference call to discuss the results. Interested parties can attend the call or access the webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.11%
Tags
-
Rhea-AI Summary
Goodness Growth Holdings, Inc. has executed a fifth amendment to its lease for its cannabis cultivation and manufacturing facilities in Johnstown, New York. The amendment includes an additional $14.0 million for tenant improvements and a monthly base rental increase of $210,000 starting in November 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary
Goodness Growth and Grown Rogue complete issuance of warrants to purchase listed shares
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Goodness Growth Holdings Inc

OTC:GDNSF

GDNSF Rankings

GDNSF Stock Data

57.51M
97.49M
12.95%
13.83%
Pharmaceutical Preparation Manufacturing
Manufacturing
Link
Canada
Vancouver