American Cannabis News

Bruce Linton Launches $150 Million Cannabis SPAC

Bruce Linton, formerly co-founder and CEO of Canopy Growth, delivered a keynote speech at the Benzinga Cannabis Capital Conference in Miami on February 27th, sharing his enthusiasm for the...
- March 3rd, 2020 at 6:08 am

Global Cannabis Stocks Drop 21.5% in February

After breaking an 8-month losing streak in December with a strong close on the last day of the year, the Global Cannabis Stock Index extended its January losses with a 21.5%...
- March 2nd, 2020 at 10:55 am

American Cannabis Operator Index Plunges 25% in February

The American Cannabis Operator Index fell again for the eleventh consecutive month, declining 25.5% to 29.24, its lowest monthly close since inception: The index, which launched at the end of October...
- March 2nd, 2020 at 8:01 am

Utah Medical Cannabis Program Set to Launch Next Week

Effective March 1, Utah will officially launch its medical cannabis program when the state’s Department of Health begins accepting applications for medical cannabis patient cards. The following day, March...
- February 26th, 2020 at 11:57 am

Acreage Holdings Q4 Revenue Declines 6% to $21.1 Million

Acreage Holdings Reports Fourth Quarter and Full Year 2019 Results NEW YORK, Feb. 26, 2020 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ), one...
- February 26th, 2020 at 5:36 am

cbdMD Revenue Grows 6% Sequentially as Loss Widens

cbdMD Reports Record First Quarter Fiscal 2020 Net Sales of $10.14 Million CHARLOTTE, N.C., February 13, 2020–(BUSINESS WIRE)–cbdMD, Inc. (NYSE American: YCBD, YCBD PR A) (the “Company”), a leading...
- February 13th, 2020 at 5:31 pm

Texas Cannabis Market Restrictions Stunt Growth

When Texas lawmakers legalized the use of medical cannabis in 2015, it was among the most restrictive laws in the country. The program didn’t get off the ground until...
- February 13th, 2020 at 3:28 pm

KushCo Holdings Raises $16 million with Unit Sale at $1.60

KushCo Holdings, Inc. Prices $16 Million Registered Direct Offering CYPRESS, CA / ACCESSWIRE / February 6, 2020 / KushCo Holdings, Inc. (OTCQX:KSHB) (“KushCo” or the “Company”), today announced it...
- February 6th, 2020 at 9:09 am

Kentucky CBD Producer GenCanna Files for Bankruptcy

GenCanna Global Files for Chapter 11 to Implement Financial and Operational Restructuring Plans Secures $10 Million In DIP Financing From Existing Senior Lender and Will Evaluate all Strategic Options...
- February 6th, 2020 at 8:16 am