Canadian Cannabis News

Global Cannabis Stocks Decline 8.7% in Q2

The Global Cannabis Stock Index fell for the fourth consecutive month, declining 4.1% to 57.10: The index, which was down 8.7% during Q2, had 46 qualifying members during the month following the...
- July 1st, 2021 at 10:00 am

Canadian Cannabis Stocks Gain 1% in June

The Canadian Cannabis LP Index  broke a three-month losing streak in June, increasing 1.2% to 359.27. The index, which rallied 22.1% in Q4 but still fell 30.1% in 2020 to...
- June 30th, 2021 at 5:00 pm

High Tide Q2 Revenue Increases 99% to $40.9 Million

High Tide Reports Second Quarter 2021 Financial Results Featuring a 99% Increase in Revenue and Another Record Adjusted EBITDA of $4.7 Million CALGARY, AB, June 28, 2021 /PRNewswire/ –...
- June 28th, 2021 at 6:08 pm

Canadian Cannabis Biotech Company Trait Raises C$31 Million

Trait Biosciences Receives Strategic Investment From Btomorrow Ventures As Lead Investor In A C$31 Million Series A Financing VANCOUVER, BC, June 16, 2021 /PRNewswire/ — Trait Biosciences Inc. (“Trait”)...
- June 16th, 2021 at 10:06 am

Fire & Flower Q1 Revenue Increases 91% to $44.1 Million

Fire & Flower Announce Fiscal First Quarter Financial and Operational Results Quarterly revenue increased 91% to $44.1 million year-over-year Fourth Consecutive Quarter of Positive Adjusted EBITDA of $2.3 million...
- June 15th, 2021 at 7:31 am

Auxly Raises $15 Million Selling Units at $0.315

Auxly Announces $15.0 Million Bought-Deal Public Offering TORONTO, June 09, 2021 (GLOBE NEWSWIRE) — Auxly Cannabis Group Inc. (“Auxly” or the “Company”) (TSX: XLY) (OTCQX: CBWTF) is pleased to...
- June 9th, 2021 at 8:27 am

Aurora Cannabis Pays Down $89 Million Credit Facility

Aurora Cannabis Completes Balance Sheet Restructuring Full Repayment of Credit Facility Results in Principal and Interest Savings of ~$25 Million In the Next Year NASDAQ | TSX: ACB EDMONTON,...
- June 1st, 2021 at 5:16 pm

Valens Closes $46 Million Unit Offering

The Valens Company Closes Previously Announced Bought Deal Financing KELOWNA, BC, June 1, 2021 /CNW/ – The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF) (the “Company,” “The Valens Company”...
- June 1st, 2021 at 9:23 am

Canopy Growth Q4 Revenue Increases 38% to $148 Million

Canopy Growth Reports Fourth Quarter and Fiscal Year 2021 Financial Results Achieves 37% revenue growth in FY 2021 with strong double-digit growth across both cannabis and other consumer products...
- June 1st, 2021 at 7:46 am