Cansortium Borrows $71 Million for Four Years at 13%

Cansortium Completes $71 Million Debt Financing Debt Maturities Extended to April 2025 Additional Liquidity Significantly Strengthens Balance Sheet Proceeds to Fund Expansion in Florida, Pennsylvania and Michigan MIAMI, April...
- April 30th, 2021 at 8:43 am

Hydrofarm Raises $269.3 Million Selling Shares at $59

Hydrofarm Holdings Group Announces Pricing of Upsized Public Offering of Common Stock FAIRLESS HILLS, Pa., April 28, 2021 (GLOBE NEWSWIRE) — Hydrofarm Holdings Group, Inc. (“Hydrofarm” or the “Company”)...
- April 28th, 2021 at 9:57 pm

Ascend Wellness Raises $80 Million in IPO

AWH Announces Pricing of Initial Public Offering NEW YORK, April 28, 2021 /CNW/ – Ascend Wellness Holdings, Inc. (“AWH” or the “Company”), a multi-state, vertically integrated cannabis operator, today...
- April 28th, 2021 at 8:01 pm

Canadian Cannabis Sales Grow 74% in February to $263 Million

Statistics Canada released February retail sales for the country this morning, with cannabis sales growth decreasing sequentially. Sales of C$263 fell 5.9% from January (three fewer days), which had declined ...
- April 28th, 2021 at 8:46 am

The Valens Company Submits Application to List on Nasdaq

KELOWNA, BC, April 28, 2021 /CNW/ – The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF) (the “Company,” “The Valens Company” or “Valens”), a leading manufacturer of cannabis products, is pleased to announce that it has submitted...
- April 28th, 2021 at 7:22 am

Fire & Flower Q4 Revenue Increases 157% to $43.2 Million

Fire & Flower Announces Record 2020 Fiscal and Fourth Quarter Financial and Operational Results Strong execution by Canada’s largest cannabis retailer leads to $128.1 million in annual revenue, an...
- April 27th, 2021 at 6:53 am

Rubicon Organics Repays Long-Term Debt

VANCOUVER, British Columbia, April 26, 2021 (GLOBE NEWSWIRE) — Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon Organics” or the “Company”), a licensed producer focused on cultivating and selling...
- April 26th, 2021 at 6:12 am

This Cannabis Catalyst Is Bigger Than We Thought

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...
- April 25th, 2021 at 11:09 am