American Cannabis News

Ancillary Cannabis Stocks Dip 2.5% in May

Following up on our recent discussion of how cannabis investors have embraced publicly traded ancillary companies, New Cannabis Ventures launched its seventh proprietary index, the Ancillary Cannabis Index at the end of March....
- May 30th, 2021 at 4:26 pm

Cansortium Q1 Revenue Increases 49% to $15.1 Million

Cansortium Reports First Quarter 2021 Financial Results Q1 Revenue up 49% YoY to $15.1 Million; Adjusted EBITDA up Significantly to $4.4 Million Management to Host Conference Call Today at...
- May 28th, 2021 at 4:24 pm

Cresco Labs Q1 Revenue Increases 169% to $178 Million

Cresco Labs Announces First Quarter 2021 Financial Results Under U.S. GAAP Company reports record revenue of $178 million and expects to reach annualized revenue run-rate of more than $1...
- May 27th, 2021 at 8:05 am

HempFusion to Acquire CBD Topicals Maker Sagely Naturals for $25 Million

HempFusion Signs Definitive Agreement to Acquire Leading CBD Brand Sagely Naturals DENVER, May 25, 2021–(BUSINESS WIRE)–HempFusion Wellness Inc. (TSX:CBD.U) (US:CBDHF) (FWB:8OO) (“HempFusion” or the “Company”), a leading health and wellness Company...
- May 25th, 2021 at 7:51 am

4Front Q1 Revenue Increases 82% to $23 Million

4Front Ventures Reports First Quarter 2021 Financial Results and Provides Business Update Q1 2021 Systemwide Pro Forma Revenue of $31.4 million, an increase of 26% over Q4 2020 Q1...
- May 24th, 2021 at 4:24 pm

What’s New With Cannabis Stocks for the Week Ending 05/21/21

Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary  Mississippi’s medical cannabis referendum win was...
- May 21st, 2021 at 5:04 pm