Canadian Cannabis News

Canadian Cannabis Producer Stocks Pull Back 11% in June

Canadian licensed producers, which rose in both April and May after twelve consecutive monthly declines through March, reversed some of the recent gains, with the Canadian Cannabis LP Index declining 11.4%...
- July 1st, 2020 at 9:59 am

Organigram Completes $49 Million At-the-Market Equity Offering

Organigram Holdings Inc. Provides Corporate Updates MONCTON, New Brunswick, June 23, 2020–(BUSINESS WIRE)–Organigram Holdings Inc. (“Organigram” or the “Corporation”) (TSX: OGI) (NASDAQ: OGI) announces a number of corporate updates....
- June 23rd, 2020 at 7:02 am

Zenabis Raises C$20.5 Million Selling Units at C$0.13

Zenabis Announces Pricing of Public Offering of Units and Upsizing of the Offering to $20,493,704 million VANCOUVER, BC, June 19, 2020 /CNW/ – Zenabis Global Inc. (TSX:ZENA) (“Zenabis” or...
- June 19th, 2020 at 10:10 am

MediPharm Labs Q1 Revenue Plunges 50% to $11.1 Million

MediPharm Labs Reports First Quarter 2020 Results, Clears Path for International Growth BARRIE, Ontario, June 18, 2020 (GLOBE NEWSWIRE) — MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE: MLZ)...
- June 18th, 2020 at 6:59 am

Ontario Details How Legal Cannabis Is Taking Root

OCS Publishes Report on Ontario’s First Full Fiscal Year of Legal Cannabis Operations June 8, 2020 (TORONTO) – Today the Ontario Cannabis Store (OCS) published A Year in Review...
- June 8th, 2020 at 5:11 pm

Global Cannabis Stock Index Constituents Gain 27% in May

Cannabis stocks accelerated their rally in May, with the Global Cannabis Stock Index gaining 27.0% to 32.52: The index, which had 35 qualifying members during the month following the quarterly rebalancing...
- June 1st, 2020 at 1:13 pm

Valens Arranges $40 Million Secured Debt Facility with CIBC and ATB

The Valens Company Enters into $40 Million Debt Facility KELOWNA, BC, June 1, 2020 /PRNewswire/ –Valens GroWorks Corp. (TSX: VLNS) (OTCQX: VLNCF) (the “Company” or “The Valens Company”), a global leader in the end-to-end development...
- June 1st, 2020 at 7:27 am

Canadian Cannabis Stocks Extend Spring Surge in May

Canadian licensed producers, after twelve consecutive monthly declines through March, posted their second straight gain during May, with the Canadian Cannabis LP Index rising 20.2% to 319.23, far surpassing the performance...
- May 31st, 2020 at 5:59 pm

Diving Deep Into the Third Wave of Cannabis Investing

Following up on the theme we discussed in this weekend’s newsletter regarding our view that a “third wave” in cannabis investing has commenced, we published an extensive review of...
- May 28th, 2020 at 4:26 pm