Canadian Cannabis News

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

WeedMD Slashes Recent Bought Deal Offering Price by 41%

WeedMD Inc. Announces Amendment of Bought Deal Equity Financing TORONTO, March 02, 2021 (GLOBE NEWSWIRE) — WeedMD Inc. (“WeedMD” or the “Company”) (TSX-V:WMD) (OTCQX:WDDMF) (FSE:4WE), a federally-licensed producer and...
- March 2nd, 2021 at 8:06 am

MediPharm Labs Raises $20 Million Selling Units at $0.58

MediPharm Labs Announces $20 million Bought Deal Equity Financing TORONTO, March 01, 2021 (GLOBE NEWSWIRE) — MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE:MLZ) (“MediPharm Labs” or the “Company”)...
- March 1st, 2021 at 4:55 pm

Rubicon Organics Closes Upsized $23 Million Capital Raise

Rubicon Organics Announces Closing of $23 Million Bought Deal Offering of Units VANCOUVER, British Columbia, Feb. 26, 2021 (GLOBE NEWSWIRE) — Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon...
- February 26th, 2021 at 9:01 am

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