American Cannabis News

Vertical Closes $58 Million Series A Financing

Upsized $35 Million Oversubscribed By $23 Million LOS ANGELES, April 02, 2019–(BUSINESS WIRE)–Vertical Companies™ announced the closing of its Series A Financing Round at $58 million. Vertical upsized the...
- April 2nd, 2019 at 10:34 am

GrowGeneration Targets 2019 Revenue in Excess of $52 Million

GrowGeneration Reports Record 2018 Revenues Sets 2019 Revenue Guidance at $52M-58M, Adjusted EBITDA of $.12-$.16 per share DENVER, CO, April 1, 2019 /PRNewswire/ – GrowGeneration Corp. (OTCQX: GRWG), (“GrowGen”...
- April 1st, 2019 at 10:34 am

Plus Products Reports Q4 Sales Jump 776% to $3.4 Million

Plus Products Reports Preliminary 2018 Unaudited Revenues of US$8.4 Million Plus Products’ anticipated annual revenues expected to grow approximately 684% while total California cannabis sales declined 17% year-over-year in...
- March 26th, 2019 at 7:50 am

iAnthus to Redeem $32 Million Convertible Note

iAnthus Capital Holdings, Inc. Announces Notice of Redemption of Debentures NEW YORK and TORONTO, March 25, 2019 /PRNewswire/ – iAnthus Capital Holdings, Inc. (“iAnthus” or the “Company”) (CSE: IAN,...
- March 25th, 2019 at 6:30 am

Gotham Green to Invest $250 Million into MedMen

MedMen Announces US$250 Million Investment From Gotham Green Partners LOS ANGELES–(BUSINESS WIRE)–MedMen Enterprises Inc. (CSE:MMEN) (OTCQX:MMNFF) (FSE: A2JM6N) (“MedMen” or the “Company”), is pleased to announce that it has...
- March 22nd, 2019 at 6:25 am

Curaleaf Reports $32 Million Revenue in Q4

Curaleaf Reports Fourth Quarter and Full Year 2018 Financial and Operational Results Reported Managed Revenue¹ of $87.8 Million in Full Year 2018 and $34.9 Million in Fourth Quarter through...
- March 20th, 2019 at 4:42 pm

Greenlane to Conduct NASDAQ IPO Underwritten by Cowen and Canaccord

Greenlane Files Registration Statement for Proposed Initial Public Offering BOCA RATON, Fla.–(BUSINESS WIRE)–Greenlane Holdings, Inc. (“Greenlane”), a leading distributor of premium vaporization products and consumption accessories, announced today that...
- March 20th, 2019 at 2:48 pm

MJIC Raises $15 Million Ahead of Public Trading Debut in 2019

MJIC Announces Close of Private Capital Raise LOS ANGELES, March 18, 2019–(BUSINESS WIRE)–MJIC, Inc. (“MJIC” or the “Company”), California’s leading provider of fully licensed cannabis wholesale distribution, retail, compliance...
- March 18th, 2019 at 10:03 pm

TerrAscend Announces C$4.8 Million Preliminary Q4 Revenue

TerrAscend Provides Business Update Including Preliminary Fourth Quarter Revenue –4th Quarter revenue increased to CAD$4.8 millioni— –Awarded the right to a vertically-integrated license in New Jersey– –Completed the acquisition of Grander Distribution––Entered...
- March 18th, 2019 at 8:51 am