American Cannabis News

Columbia Care Q1 Revenue Doubles to $26 Million

Columbia Care Reports First Quarter 2020 Results First Quarter Combined Revenue up 125% YoY to $28.9 Million, Sequential Increase of 18% and Sequential Gross Margin Improvement of 7% Consumer...
- May 14th, 2020 at 8:13 am

Charlotte’s Web Generates $21.5 Million Revenue During Q1

Charlotte’s Web Holdings Reports Q1-2020 Results BOULDER, CO, May 14, 2020 /CNW/ – (TSX:CWEB, OTCQX:CWBHF), Charlotte’s Web Holdings, Inc. (“Charlotte’s Web” or the “Company”) the market share leader in...
- May 14th, 2020 at 7:33 am

Cannabis REIT Triples Revenue in Q1 to $21.1 Million

Innovative Industrial Properties Reports First Quarter 2020 Results Acquisitions Drive 210% Q1 Total Revenues, 249% Q1 Net Income and 236% Q1 AFFO Growth Year-over-Year SAN DIEGO, May 06, 2020–(BUSINESS...
- May 6th, 2020 at 4:57 pm

Cannabis Stocks Gain 8.6% in April

Cannabis stocks snapped a three-month losing streak, with the Global Cannabis Stock Index rallying 8.6% to 25.60: The index, which had 35 qualifying members during the month following the quarterly rebalancing...
- May 1st, 2020 at 10:25 am

American Cannabis Operator Stocks Bounce in April

After twelve consecutive monthly declines, the American Cannabis Operator Index extended its rally of off its all-time low set in March, increasing  6.3% to 22.42: The index, which launched at the...
- April 30th, 2020 at 4:51 pm

Cresco Labs and Tryke Mutually Terminate Merger Plans

Cresco Labs Announces Mutual Agreement to Terminate Purchase Agreement With Tryke – Frees-Up $55 Million in Capital to Further Invest in Organic Growth Pipeline CHICAGO, April 27, 2020–(BUSINESS WIRE)–Cresco...
- April 27th, 2020 at 4:43 pm