Canadian Cannabis News

Valens Raises C$28.1 Million Selling Units

The Valens Company Announces Approximately USD$22.5 Million Bought Deal Offering of Units KELOWNA, BC, March 29, 2022 /CNW/ – The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS) (the “Company”,...
- March 29th, 2022 at 5:44 pm

Canadian Cannabis Sales Declined 2% in January Sequentially

Statistics Canada released January retail sales for the country this morning, with cannabis sales decreasing from December by 2.1% to C$347.2 million. December was revised substantially lower from the previously reported C$382.4...
- March 18th, 2022 at 8:49 am

HEXO Reports $670 Million Q2 Operating Loss

HEXO Reports Second Quarter 2022 Results, Embarks on Transformative Plan Company makes significant progress on capital structure and strengthening balance sheet. This news release constitutes a “designated news release”...
- March 18th, 2022 at 7:34 am

Pricing Pressure Emerges as a Key Theme Among Cannabis Companies

The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. This data-driven, fact-based tracker will continually update based on new financial...
- March 14th, 2022 at 8:51 am

Valens Q4 Revenue Increases 15% to $18.4 Million

The Valens Company Reports Fourth Quarter and Fiscal Year 2021 Financial Results Provincial sales net revenue increased 31.7% to $7.9 million in Q4 2021 compared to $6.0 million in...
- February 28th, 2022 at 6:41 pm

Canadian Cannabis Stocks Slide Almost 3% in February

After retreating 26% in Q4, the Canadian Cannabis LP Index extended its losing streak to seven months in January, declining 9.5% to 176.42. In February, the pace of the decline slowed,...
- February 28th, 2022 at 5:05 pm

Cannabis Earnings Season Kicks Into High Gear

The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. This data-driven, fact-based tracker will continually update based on new financial...
- February 25th, 2022 at 3:25 pm