American Cannabis News

MedMen Q3 Revenue Drops 27% to $32 Million

MedMen Reports Sequential Sales Increase in Third Quarter Fiscal Year 2021 Financial Results Third quarter revenue of $32.0 million, up 3.8% from the previous quarter adjusting for removal of...
- May 11th, 2021 at 5:00 pm

urban-gro Q1 Revenue Increases 182% to $12 Million

urban-gro, Inc. Reports Record First Quarter 2021 Financial Results Record revenues in Q1 2021 of $12.0 million compared to revenues of $4.2 million during the three months ended March...
- May 11th, 2021 at 4:31 pm

Verano Holdings Borrows $100 Million at 9.75%

Verano Upsizes Existing Credit Agreement by US$100 Million with a 9.75% Annual Interest Rate on a Non-Dilutive Basis Reduces borrowing costs with one of the industry’s leading annual interest...
- May 11th, 2021 at 8:21 am

Charlotte’s Web Q1 Revenue Increases 9% to $23.4 Million

Charlotte’s Web Holdings Reports Q1-2021 Results Expands #1 leadership position BOULDER, Colo., May 11, 2021 /PRNewswire/ – (TSX: CWEB) (OTCQX: CWBHF), Charlotte’s Web Holdings, Inc. (“Charlotte’s Web” or the...
- May 11th, 2021 at 6:49 am

Acreage Q1 Revenue Increases 22% Over Q4 to $38.4 Million

Acreage Holdings Reports First Quarter 2021 Results Reports Revenue Growth of 58% and Positive Adjusted EBITDA* NEW YORK, May 10, 2021 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage”) (CSE:...
- May 10th, 2021 at 5:25 pm

Trulieve to Acquire Harvest Health for $2.1 Billion in Stock

Trulieve Announces the Largest US Cannabis Transaction; Acquisition of Harvest Health & Recreation Inc., Creates the Most Profitable Multi-State Operator in the World’s Largest Cannabis Market Combined Company Will...
- May 10th, 2021 at 8:17 am

Cannabis REIT Revenue Increases 103% to $42.9 Million

Innovative Industrial Properties Reports First Quarter 2021 Results Acquisitions and Portfolio Performance Drive Q1 Y-O-Y Growth of 103% in Total Revenues, 122% in Net Income and 116% in AFFO...
- May 5th, 2021 at 4:43 pm

AFC Gamma Lends $15 Million to Cansortium

AFC Gamma Serves as Lead Investor in Cansortium’s $71 Million Senior Secured Credit Facility to Fund Operations in Three States Highlights AFC Gamma’s Presence in the Growing Medical Marijuana...
- May 5th, 2021 at 9:04 am

Cannabis Sales Show Strong Growth in March

With some easy comparisons in some cases to a year ago and three extra days compared to February, cannabis growth surged in 8 of the 10 markets that BDSA covers in...
- May 5th, 2021 at 8:53 am

Lowell Farms Q1 Revenue Increases 17% to $11 Million

Lowell Farms Inc. Announces First Quarter 2021 Financial Results SALINAS, Calif., May 04, 2021 (GLOBE NEWSWIRE) — Lowell Farms Inc. (the “Company”) (CSE: LOWL; OTCQX: LOWLF), a leading, vertically-integrated,...
- May 4th, 2021 at 6:20 pm

American Cannabis Operators Index Slips 4% in April

The American Cannabis Operator Index fell for the second straight month after having scored five straight monthly gains, declining 4.1% to 79.66: After gaining 45.7% in 2020, when it ended at...
- May 3rd, 2021 at 7:56 am

New Cannabis Ventures Introduces Ancillary Stock Index

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...
- May 2nd, 2021 at 7:01 pm

What’s New With Cannabis Stocks for the Week Ending 04/30/21

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  Pro-cannabis legislation advanced in Louisiana and...
- April 30th, 2021 at 5:21 pm