Canadian Cannabis News

CannTrust Can’t Quite Turn the Page to a New Chapter

VAUGHAN, ON, Jan. 6, 2022 /PRNewswire/ – CannTrust Holdings Inc. (“CannTrust” or the “Company”) (unlisted) today announced that its Fourth Amended & Restated Plan of Compromise, Arrangement and Reorganization...
- January 6th, 2022 at 11:31 am

Valens Borrows $40 Million at 10% for Two Years

The Valens Company Secures CAD$40 Million Term Loan Non-dilutive debt capital provides Valens with greater flexibility in its growth strategy in Canada and United States KELOWNA, BC, Dec. 16, 2021 /PRNewswire/ – The Valens Company...
- December 16th, 2021 at 7:24 am

Fire & Flower Q3 Revenue Increases 37% to $45.4 Million

Fire & Flower Announces Fiscal Third Quarter 2021 Financial and Operational Results Quarterly revenue increased 37% year-over-year to $45.4 million Sixth Consecutive Quarter of Positive Adjusted EBITDA of $2.1 million Hifyre™...
- December 14th, 2021 at 7:33 am

SOL Global Repurchases $30 Million of Stock at $4.05

SOL Global Completes $30 Million Oversubscribed Substantial Issuer Bid and Takes up Shares Completion of the Substantial Issuer Bid Results in 44,611,144 Common Shares Issued and Outstanding on a...
- December 6th, 2021 at 8:21 am

Canadian Cannabis Stocks Drop 5.5% in November

After retreating almost 27% in Q3, the Canadian Cannabis LP Index extended its losing streak to five months as it fell again in November, declining 5.5.% to 225.26: The index, which...
- December 1st, 2021 at 8:18 am