American Cannabis News

Charlotte’s Web Prices C$67.5 Million Unit Offering at C$6.75

Charlotte’s Web Announces C$67,500,000 Underwritten Public Offering BOULDER, Colo., June 16, 2020 /CNW/ – Charlotte’s Web Holdings, Inc. (“Charlotte’s Web”, or the “Company”) (TSX: CWEB) (OTCQX: CWBHF), the market...
- June 16th, 2020 at 9:15 am

Vireo Health Q1 Revenue Increases 110% to $12.1 Million

Vireo Health Announces First Quarter 2020 Financial Results First-quarter revenue of $12.1 million increased 34% sequentially and 110% year-over-year  Minimal capex requirements position Company for stronger second half compared...
- June 16th, 2020 at 7:25 am

Charlotte’s Web Acquires Abacus Health Products

America’s Largest Vertically Integrated CBD Company Now Has Distribution Through More Than 21,000 Unique Retail Doors BOULDER, Colo., June 11, 2020 /CNW/ – Charlotte’s Web Holdings, Inc. (“Charlotte’s Web”...
- June 11th, 2020 at 10:58 am

GrowGeneration Set to Join Russell 3000 Index

DENVER, CO, June 11, 2020 /PRNewswire/ – GrowGeneration Corp. (NASDAQ:GRWG), (“GrowGen” or the “Company”), the largest chain of stand-alone specialty hydroponic and organic garden centers, currently with 27 locations, announced today it is set...
- June 11th, 2020 at 8:41 am

Greenlane Holdings Reports $33.9 Million Revenue in Q1

Greenlane Announces First Quarter 2020 Financial Results BOCA RATON, Fla., June 04, 2020 (GLOBE NEWSWIRE) — Greenlane Holdings, Inc. (“Greenlane” or “the Company”) (Nasdaq: GNLN), one of the largest...
- June 4th, 2020 at 7:03 am

Pandemic Pauses Planet 13 Growth in Q1

Planet 13 Announces First Quarter 2020 Financial Results Q1 2020 Revenue of $16.8 million; EBITDA of $2.5 million SuperStore accounted for 10.1% of all Nevada cannabis dispensary revenue in...
- June 1st, 2020 at 5:03 pm

Global Cannabis Stock Index Constituents Gain 27% in May

Cannabis stocks accelerated their rally in May, with the Global Cannabis Stock Index gaining 27.0% to 32.52: The index, which had 35 qualifying members during the month following the quarterly rebalancing...
- June 1st, 2020 at 1:13 pm

American Cannabis Operator Stocks Soar 35% in May

Following twelve consecutive monthly declines and then a modest gain in April, the American Cannabis Operator Index extended its rally off of its all-time low set in March, increasing 34.7% to...
- May 31st, 2020 at 12:54 pm

Diving Deep Into the Third Wave of Cannabis Investing

Following up on the theme we discussed in this weekend’s newsletter regarding our view that a “third wave” in cannabis investing has commenced, we published an extensive review of...
- May 28th, 2020 at 4:26 pm

IIPR Prices $100 Million Equity Offering

Innovative Industrial Properties Upsizes and Prices Public Offering of Common Stock SAN DIEGO-May 27, 2020-(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR) announced today the upsize and pricing...
- May 27th, 2020 at 7:20 am