Canadian Cannabis News

Valens Q4 Revenue Exceeds $30 Million

The Valens Company Reports Record Financial Performance in the Fourth Quarter and Fiscal Year Ended November 30, 2019 with Q4 Adjusted EBITDA(1) of $17.7 Million KELOWNA, BC, Feb. 24,...
- February 24th, 2020 at 8:31 pm

Supreme Cannabis Revenue Dips to $9.1 Million in Q2

Supreme Cannabis Announces Q2 2020 Financial Results and Updated Plan for Accelerated Revenue Growth Focuses business on accelerated, near-term revenue growth with enhanced, coast-to-coast sales partnership with humble+fume Enhanced...
- February 13th, 2020 at 5:02 pm

Canadian LP Invictus Granted Creditor Protection

Invictus Granted Creditor Protection And Will Commence A Strategic Review Vancouver, B.C., Feb. 13, 2020 (GLOBE NEWSWIRE) — Invictus MD Strategies Corp. (TSXV: GENE; OTCQX: IVITF; FRA: 8IS2) (the...
- February 13th, 2020 at 4:24 pm

Tetra Bio-Pharma Raises C$15.5 Million

Tetra Bio-Pharma Announces Closing of Bought Deal Financing OTTAWA, Feb. 13, 2020 /CNW Telbec/ – Tetra Bio-Pharma Inc. (“Tetra” or the “Corporation”) (TSXV: TBP) (OTCQB: TBPMF), is pleased to...
- February 13th, 2020 at 10:13 am

Aurora Cannabis Generates $56 Million Revenue in Fiscal Q2

Aurora Cannabis Announces Second Quarter 2020 Results Net Revenue of $66.6 million, excluding provisions of $10.6 million Net Cannabis Revenue, excluding provisions, of $63.2 million, In Line With Recent Guidance Cash Cost...
- February 13th, 2020 at 7:30 am

Supreme Cannabis Announces 15% Reduction in Workforce

Supreme Cannabis Focuses Organization and Reduces Cost Structure to Accelerate Profitable Growth Corporate positions decreased by approximately 33% and operational positions decreased by approximately 13% Total number of positions...
- February 11th, 2020 at 5:09 pm

Starseed Veteran Tsebelis Succeeds Merker as WeedMD CEO

WeedMD Announces Leadership Change and Appoints New CEO as Company Accelerates Growth Initiatives Angelo Tsebelis, currently President of WeedMD, is appointed Chief Executive Officer TORONTO, Feb. 04, 2020 (GLOBE...
- February 4th, 2020 at 9:56 am

Sundial CEO and COO Out

Sundial Announces Departure of CEO and other Leadership Changes and Optimization Initiatives CALGARY, Jan. 30, 2020 /CNW/ – Sundial Growers Inc. (Nasdaq: SNDL) (“Sundial” or “the Company”) announces certain changes to...
- January 30th, 2020 at 8:59 am

Evolve to Shut Down Cannabis ETF

Evolve ETFs announced this morning that it will close its Evolve Marijuana Fund (TSX: SEED) next month. The firm, which is also closing Evolve U.S. Marijuana ETF (NEO: USMJ) and...
- January 27th, 2020 at 9:19 am

Canopy Growth Revises Beverage Launch Timeline

SMITHS FALLS, ON, Jan. 17, 2020 /PRNewswire/ – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED), (NYSE: CGC) submitted its final documentation for its beverage facility to...
- January 17th, 2020 at 7:35 am