Canadian Cannabis News

Aurora Cannabis Q1 Revenue Declines 11% to $60 Million

Aurora Cannabis Announces Fiscal 2022 First Quarter Results Transformation Plan On Track; Actions Taken-to-Date Have Driven Over $33 Million in Annualized Run-Rate Cost Savings Total Cannabis Net Revenue, Net...
- November 9th, 2021 at 4:58 pm

Canadian Cannabis Stocks Drop Over 9% in October

After breaking a three-month losing streak with a 1% gain in June and then retreating almost 27% in Q3, the Canadian Cannabis LP Index  extended its losing streak to four...
- October 29th, 2021 at 5:34 pm

HEXO CEO Departs

HEXO Announces Strategic Executive Changes OTTAWA, Oct. 18, 2021 (GLOBE NEWSWIRE) — HEXO Corp. (“HEXO” or the “Company”) (TSX: HEXO; NASDAQ: HEXO) today announced the departure of Sebastien St-Louis,...
- October 18th, 2021 at 7:36 am

Valens Q3 Revenue Increases 16% to C$21 Million

The Valens Company Reports Financial Results for The Third Quarter of Fiscal 2021 Provincial sales net revenue increased 20.0% quarter over quarter supported by a 76.5% quarter over quarter...
- October 13th, 2021 at 5:56 pm

Sundial to Acquire Alcanna for $346 Million in Stock

  Sundial Growers to Acquire Alcanna Inc. CALGARY, AB, Oct. 7, 2021 /PRNewswire/ – Sundial Growers Inc. (NASDAQ: SNDL) (“Sundial” or the “Company”) is pleased to announce today that...
- October 7th, 2021 at 6:17 pm

Tilray Cannabis Revenue Increases 38% to $70 million in Q1

Tilray, Inc. Reports First Quarter Fiscal Year 2022 Financial Results Net Revenue and Gross Profit Increased 43% and 46%, Respectively, for Largest Global Cannabis Cultivator 10th Consecutive Quarter of...
- October 7th, 2021 at 7:33 am