American Cannabis News

Cannabis Stocks Pull Back Sharply in September

The Global Cannabis Stock Index gave up all of its gains from July and August to end Q3 down 6.7%, decreasing 16.2% in September to 27.45: The index, which had 37...
- October 1st, 2020 at 1:44 pm

Acreage Issues $33 Million Three-Year Debt at 7.5%

Acreage Secures Three-Year Term Loan, Repays Short-Term Convertible Note NEW YORK, Sept. 29, 2020 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage”) (CSE:ACRG.A.U, ACRG.B.U), (OTC: ACRHF, ACRDF) today announced it...
- September 29th, 2020 at 5:14 pm

Lenders to Advance MedMen Another $20 Million on Onerous Terms

MedMen Announces US$20 Million Financing Commitments – Designated News Release LOS ANGELES, September 16, 2020–(BUSINESS WIRE)–MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a leading cannabis...
- September 16th, 2020 at 5:02 pm

Trulieve Raises C$100.45 Million Selling Shares at C$24.50

Trulieve Announces Underwritten Offering of Subordinate Voting Shares TALLAHASSEE, Fla., Sept. 16, 2020 /CNW/ – Trulieve Cannabis Corp. (“Trulieve” or the “Company”) (CSE: TRUL) (OTCQX: TCNNF), a leading and...
- September 16th, 2020 at 4:41 pm

Cannabis Stocks Extend Rally in August

Overcoming pressure on Canadian LPs and CBD companies with very strong performance from American cannabis operators, the Global Cannabis Stock Index extended July gains during August by increasing 2.1% in choppy...
- September 1st, 2020 at 1:58 pm

New Cannabis ETF with American Focus Set to Debut on September 2

AdvisorShares Launches Pure US Cannabis ETF (Ticker: MSOS) Becomes first cannabis ETF to concentrate entirely on U.S. companies, including multi-state operators BETHESDA, Md., Sept. 1, 2020 /PRNewswire/ — AdvisorShares,...
- September 1st, 2020 at 11:17 am

4Front Q2 Revenue Remains Steady at $12.7 Million

4Front Announces Second Quarter 2020 Results and Business Update Q2 2020 Systemwide Pro Forma Sales, excluding divested non-core assets, increased 1.3% from Q1 2020 to $19m, despite an approximate...
- August 31st, 2020 at 5:24 pm