Cresco to Acquire Pennsylvania Operator Laurel Harvest for $80 Million

Cresco Labs to Expand Leadership in Pennsylvania Through Acquisition of Vertically Integrated Operator, Laurel Harvest CHICAGO, October 14, 2021–(BUSINESS WIRE)–Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco Labs” or “the Company”), a vertically...
- October 14th, 2021 at 8:00 am

Valens Q3 Revenue Increases 16% to C$21 Million

The Valens Company Reports Financial Results for The Third Quarter of Fiscal 2021 Provincial sales net revenue increased 20.0% quarter over quarter supported by a 76.5% quarter over quarter...
- October 13th, 2021 at 5:56 pm

Charlotte’s Web Achieves Organic Certification

USDA Organic seal now on select Charlotte’s Web™ full-spectrum hemp extract tinctures; Company’s farms and manufacturing plant earn organic certification on products flowing through retail Q4 2021 DENVER, Oct....
- October 12th, 2021 at 11:54 am

Cannabis Technology Company Flowhub Raises $19 Million

Flowhub Announces $19 Million Strategic Funding Led by Headline, Poseidon and Shawn “Jay-Z” Carter New Fundraise Brings the Cannatech Company’s Valuation to Over $200M DENVER, Oct. 12, 2021 /CNW/...
- October 12th, 2021 at 10:09 am

Winning in the Canadian Cannabis Market

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...
- October 10th, 2021 at 11:02 am

Sundial to Acquire Alcanna for $346 Million in Stock

  Sundial Growers to Acquire Alcanna Inc. CALGARY, AB, Oct. 7, 2021 /PRNewswire/ – Sundial Growers Inc. (NASDAQ: SNDL) (“Sundial” or the “Company”) is pleased to announce today that...
- October 7th, 2021 at 6:17 pm

Charlotte’s Web Begins Retail Expansion in California

Hemp CBD Market Leader to Reach More Consumers in the Largest U.S. State Economy as Assembly Bill 45 Becomes Law DENVER, Oct. 7, 2021 /PRNewswire/ – (TSX: CWEB) (OTCQX: CWBHF) Charlotte’s Web Holdings, Inc. (“Charlotte’s Web,”...
- October 7th, 2021 at 8:30 am

Tilray Cannabis Revenue Increases 38% to $70 million in Q1

Tilray, Inc. Reports First Quarter Fiscal Year 2022 Financial Results Net Revenue and Gross Profit Increased 43% and 46%, Respectively, for Largest Global Cannabis Cultivator 10th Consecutive Quarter of...
- October 7th, 2021 at 7:33 am

Indiva Borrows Additional $8.5 Million from Sundial

Indiva Announces Increase and Amendment to Term Loan Facility with Sundial Growers Inc. Providing Additional Non-Dilutive Capital Immediate Cash Flow Improvement Through Termination of White-label Licensing and Manufacturing Agreement...
- October 5th, 2021 at 4:23 pm