Canadian Cannabis News

Valens Q4 Revenue Declines 12% Sequentially to $16 Million

The Valens Company Reports Financial Results for the Fourth Quarter and Fiscal Year Ended November 30, 2020 Strategic transformation from industry-leading extractor to largest third-party cannabis product manufacturer in...
- February 24th, 2021 at 6:04 pm

Sundial Raises $89 Million with Warrant Exchange

Sundial Announces Issuance of New Warrants and US$89.1 Million Proceeds from Warrant Exercises CALGARY, AB, Feb. 19, 2021 /PRNewswire/ – Sundial Growers Inc. (NASDAQ: SNDL) (“Sundial” or the “Company”)...
- February 19th, 2021 at 9:22 am

Canadian Cannabis Sales Bounced Back Strongly in December

Statistics Canada released December retail sales for the country this morning, with cannabis sales growth increasing sequentially. Sales of C$298.4 million rose 14.3% from November, which had fallen 3% from...
- February 19th, 2021 at 8:45 am

Rubicon Organics Raises $20 Million Selling Units at $3.80

Rubicon Organics Announces $20 Million Bought Deal Offering of Units VANCOUVER, British Columbia, Feb. 18, 2021 (GLOBE NEWSWIRE) — Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon Organics” or...
- February 18th, 2021 at 8:13 am

Supreme Raises $22.5 Million Selling Units at $0.31

Supreme Cannabis Announces $22.5 Million Bought Deal Financing TORONTO, Feb. 16, 2021 (GLOBE NEWSWIRE) — The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF)...
- February 16th, 2021 at 3:57 pm

HEXO to Acquire Zenabis for $235 Million in Stock

HEXO Corp. to acquire Zenabis Global Inc. OTTAWA and VANCOUVER, British Columbia, Feb. 16, 2021 (GLOBE NEWSWIRE) — HEXO Corp. (“HEXO”) (TSX: HEXO; NYSE: HEXO) and Zenabis Global Inc....
- February 16th, 2021 at 11:57 am

Sundial Takes $22 Million Stake in Indiva

Sundial and Indiva Announce $22 Million Strategic Investment Brokered Private Placement Offering Of $11,000,000 In Common Shares Plus $11,000,000 Term Loan Facility CALGARY, AB and LONDON, ON, Feb. 16,...
- February 16th, 2021 at 9:05 am

Fire & Flower Announces Application to List on NASDAQ

TORONTO, Feb. 16, 2021 /CNW/ – Fire & Flower Holdings Corp. (“Fire & Flower” or the “Company”) (TSX: FAF) (OTCQX: FFLWF), a leading cannabis retailer with a proprietary e-commerce...
- February 16th, 2021 at 6:46 am

Canopy Growth Q3 Revenue Increases 23% to $153 Million

Canopy Growth Reports Third Quarter Fiscal 2021 Financial Results Business transformation continues to gain traction Improved commercial and operational execution drives record net revenue of $153 million, up 23%...
- February 9th, 2021 at 7:09 am

High Tide Sells Units at C$0.48 to raise C$15 Million

High Tide Announces $15 Million Bought Deal Equity Financing CALGARY, AB, Feb. 1, 2021 /CNW/ – High Tide Inc. (“High Tide” or the “Company”) (TSXV: HITI) (OTCQB: HITIF) (FRA:2LY),...
- February 1st, 2021 at 4:56 pm