Canadian Cannabis News

Organigram Buys Edibles Manufacturer for $22 Million

Organigram Acquires Soft Chew Manufacturer: Edibles & Infusions Corporation, a Cannabis Processor Backed by Decades of Confectionary Experience Positions Organigram to generate significant incremental near-term revenue growth from soft...
- April 6th, 2021 at 6:36 am

Canadian Cannabis Companies Advance 41% in Q1

The Canadian Cannabis LP Index pulled back slightly in March after a strong first two months to begin the year, declining 6.3% to 388.44: The index, which rallied 22.1% in Q4...
- March 31st, 2021 at 4:41 pm

GTEC Raises $23 Million Selling Units at $0.80

GTEC Announces Closing of $23 Million Bought Deal Public Offering of Units Kelowna, BC, March 30, 2021 (GLOBE NEWSWIRE) — GTEC Holdings Ltd. d/b/a GTEC Cannabis Co. (TSXV:GTEC) (OTCQB:...
- March 30th, 2021 at 9:28 am

Canadian Cannabis Sales Slip 6% in January

Statistics Canada released December retail sales for the country this morning, with cannabis sales growth decreasing sequentially. Sales of C$298.4 million fell 5.6% from December, which had increased 14.8% from...
- March 19th, 2021 at 8:42 am

Canopy Growth Borrows $750 Million for 5 Years at LIBOR + 8.5%

Canopy Growth Announces US$750 Million Term Loan Financing Provides further balance sheet flexibility for growth investments in our core markets   SMITHS FALLS, ON, March 18, 2021 /PRNewswire/ – Canopy Growth Corporation...
- March 18th, 2021 at 8:00 am

Tobacco Giant Takes 20% Stake in Organigram for C$221 Million

Organigram and BAT Form Product Development Collaboration – Includes Strategic Investment from BAT for 19.9% Equity Interest Accelerates Organigram’s R&D and product pipeline development, provides meaningful capital injection of...
- March 11th, 2021 at 6:53 am