American Cannabis News

Charlotte’s Web Pre-Announces Q1 Revenue at $21-22 Million

Charlotte’s Web Holdings, Inc. Reports Preliminary 2019 Q1 Results, Surpasses 6,000 Retail Doors, Maintains 2019 Revenue Guidance BOULDER, CO, May 8, 2019 /PRNewswire/ – Charlotte’s Web Holdings, Inc. (“Charlotte’s...
- May 8th, 2019 at 10:39 pm

CV Sciences CBD Sales Grow 86% in Q1 to $14.9 Million

CV Sciences, Inc. Reports First Quarter 2019 Financial Results Record Quarterly Revenue Increased Retail Distribution By Over 1,000 Stores LAS VEGAS, May 08, 2019 (GLOBE NEWSWIRE) — CV Sciences,...
- May 8th, 2019 at 4:42 pm

California Cannabis Operator NUG Raises $15 Million

NUG, Inc. Raises $15 Million in Series A Funding Round Vertically Integrated Cannabis Company Oversubscribed Original Goal, Securing Additional Funding to Fuel Rapid Expansion and Fortify Position as Preeminent...
- May 8th, 2019 at 11:25 am

MJardin Reports $27.5 Million Revenue in 2018

MJardin Group Announces Fourth Quarter and Full Year 2018 Financial Results DENVER and TORONTO, May 07, 2019 (GLOBE NEWSWIRE) — MJardin Group, Inc. (“MJardin” or “the Company”) (CSE: MJAR)...
- May 7th, 2019 at 10:57 am

TerrAscend Raises $52 Million Selling Shares at $7.64

TerrAscend Announces Books Closed on Over-Subscribed US$52 Million Private Placement TORONTO, May 7, 2019 /CNW/ – TerrAscend Corp. (CSE:TER) (“TerrAscend” or the “Company”) has successfully completed the book-build for...
- May 7th, 2019 at 9:26 am

Cannabis Stocks Pause in April

After a 57.4% rebound in Q1, Cannabis stocks, as measured by the Global Cannabis Stock Index, gave up some ground in April, declining 1.5%: The index, which had 64 qualifying...
- May 2nd, 2019 at 6:10 pm

Leaked Letter Reveals a Leaner MedMen

In a leaked internal memo written earlier today by CEO Adam Bierman to employees at MedMen Enterprises (CSE: MMEN) (OTC: MMNFF) and obtained by New Cannabis Ventures (full letter...
- May 1st, 2019 at 4:22 pm

American Cannabis Stocks Give Up Some Gains in April

The American Cannabis Operator Index paused from its torrid advance during April, declining 4.4% and giving up about half the gains from March: The index, which launched at the end of...
- May 1st, 2019 at 3:44 pm

Vireo Health Generates Q4 Revenue of $5.6 Million

Vireo Health Announces Full Year 2018 Revenues of $18.5 Million with 70% Year-Over-Year Growth Company raised $51.4 million through reverse takeover transaction (RTO) in March Successful closing of five...
- April 30th, 2019 at 7:48 am