Net sales increased 36% quarter-over-quarter and 169% year-over-year Adjusted EBITDA of $11.4 million, increasing 131% quarter-over-quarter Positive cashflow from operations of $10.4 million Anticipates 2020 full year net sales of at...
Cansativa is awarded the distribution of cannabis flowers from German cultivation on behalf of the Cannabis Agency The Cannabis Agency of the Federal Institute for Drugs and Medical Devices...
Red White & Bloom Brands Inc. Announces $15 Million Bought Deal Public Offering of Units TORONTO, Aug. 19, 2020 (GLOBE NEWSWIRE) — Red White and Bloom Brands Inc. (CSE:...
Exclusive Interview with Donnelly Group Vice President Harrison Stoker The Donnelly Group has 20 years of experience in the hospitality and service industries via pubs, cocktail clubs, barbershops and...
Organigram Joins Medical Cannabis by Shoppers Inc. and TruTrace in Effort to Track Source and Genetics of Cannabis Used by Medical Patients Project aims to match therapeutic outcomes to...
Dutchie, World’s Largest & Fastest-Growing E-Commerce Solution for Cannabis, Announces $35 Million Series B Dutchie will leverage the new round of investment to recruit top talent, launch new products,...
Curaleaf Reports Record Second Quarter 2020 Financial and Operational Results Record Second Quarter Pro Forma Revenue(1)(2)of $165.4 Million and Record Second Quarter Managed Revenue(1)of $121.4 Million; Record First Half Managed Revenue(1) of $226.4 Million;...
The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis stocks that generate industry sales of more than US$10 million per...
Advanced Flower Capital Announces the First Closing of its Cannabis Mortgage Real-Estate Investment Trust WEST PALM BEACH, Fla., Aug. 17, 2020 /PRNewswire/ — AFC Gamma Inc., a commercial-mortgage real-estate...
You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to...
Sundial Growers Announces Pricing of its US$20 Million Registered Offering CALGARY, AB, Aug. 14, 2020 /PRNewswire/ – Sundial Growers Inc. (NASDAQ: SNDL) (“Sundial” or the “Company”) announced today that...
MONCTON, New Brunswick, August 14, 2020–(BUSINESS WIRE)–Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc. (the “Company” or “Organigram”), a leading licensed producer of cannabis,...
Sundial Reports Second Quarter 2020 Financial Results CALGARY, AB, Aug. 13, 2020 /PRNewswire/ – Sundial Growers Inc. (NASDAQ: SNDL) (“Sundial” or the “Company”) reported its financial and operational...
Schwazze Announces Second Quarter 2020 Financial Results and Provides Company Update Total Revenues Increase 208.6%; Gross Profit Increases 245.2%; Net Loss Narrowed Significantly Company Completes Accretive Acquisition of Mesa...
Exclusive Interview with Copperstate Farms CEO Pankaj Talwar Copperstate Farms in Arizona has 40 acres of greenhouse space under glass. The vertically integrated company is continuing to pursue opportunities...
GrowGeneration Reports Record Financial Results Q2 2020 Record Revenues of $43.5 Million, Adjusted EBITDA of $4.6 Million and Net Income of $2.6 Million 2020 Revenue Guidance Increased to $170-$175M...
Hexo Corp. Completes C$34.5 Million At-the-Market Offering Program OTTAWA, Aug. 13, 2020 (GLOBE NEWSWIRE) — HEXO Corp. (“HEXO”, or the “Company”) (TSX: HEXO; NYSE: HEXO) today announced that it...
Green Thumb Industries Reports Second Quarter 2020 Results Total revenue of $119.6 million increased 16.6% quarter-over-quarter and 167.5% year-over-year First half 2020 revenue of $222.2 million exceeds full year...
Exclusive Interview with Viola Brands CMO Ericka Pittman Last year, Viola Brands Founder and CEO Al Harrington spoke with New Cannabis Ventures about his company’s footprint and outlook. Now,...
JW Asset Management and K2 & Associates lead round to accelerate R&D and industry expansion CHICAGO, Aug. 12, 2020 /PRNewswire/ — Fyllo today announced it has raised $10 million...
springbig is one of the fastest growing CannaTech platforms in the cannabis industry NEW YORK, Aug. 12, 2020 /PRNewswire/ — Inc. magazine today revealed that springbig, a leading provider in cannabis CRM and...
Trulieve Reports Strong Consecutive Growth and Raises Guidance Solid operational results from achieving scale of cultivation and store footprint, provides industry leading free cash flow this quarter TALLAHASSEE, Fla.,...
Acreage Holdings Reports Second Quarter 2020 Results NEW YORK, Aug. 11, 2020 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ) today reported financial results...
Harvest Health & Recreation Inc. Reports Second Quarter 2020 Financial Results Second quarter revenue was $55.7 million, up 109% from the second quarter 2019 and 26% sequentially Second quarter...
Jushi Holdings Inc. Closes Equity Acquisition of Pennsylvania Grower-Processor Permit Holder Solidifies Jushi’s Leadership Position in Pennsylvania, One of the Most Attractive Medical Cannabis Markets in the Country Bolsters...
