Canadian Cannabis News

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

Sundial Takes $22 Million Stake in Indiva

Sundial and Indiva Announce $22 Million Strategic Investment Brokered Private Placement Offering Of $11,000,000 In Common Shares Plus $11,000,000 Term Loan Facility CALGARY, AB and LONDON, ON, Feb. 16,...
- February 16th, 2021 at 9:05 am

Fire & Flower Announces Application to List on NASDAQ

TORONTO, Feb. 16, 2021 /CNW/ – Fire & Flower Holdings Corp. (“Fire & Flower” or the “Company”) (TSX: FAF) (OTCQX: FFLWF), a leading cannabis retailer with a proprietary e-commerce...
- February 16th, 2021 at 6:46 am

Canopy Growth Q3 Revenue Increases 23% to $153 Million

Canopy Growth Reports Third Quarter Fiscal 2021 Financial Results Business transformation continues to gain traction Improved commercial and operational execution drives record net revenue of $153 million, up 23%...
- February 9th, 2021 at 7:09 am

High Tide Sells Units at C$0.48 to raise C$15 Million

High Tide Announces $15 Million Bought Deal Equity Financing CALGARY, AB, Feb. 1, 2021 /CNW/ – High Tide Inc. (“High Tide” or the “Company”) (TSXV: HITI) (OTCQB: HITIF) (FRA:2LY),...
- February 1st, 2021 at 4:56 pm

Sundial Raises $100 Million with Sale of Units

Sundial Growers Announces US$100 Million Registered Offering CALGARY, AB, Jan. 29, 2021 /PRNewswire/ – Sundial Growers Inc. (Nasdaq: SNDL) (“Sundial” or the “Company”) announced today that it has priced a best efforts underwritten...
- January 29th, 2021 at 7:14 am

TerrAscend Closes C$224 Million Capital Raise

TerrAscend Announces Closing of Oversubscribed Non-Brokered Private Placement Gross Proceeds of C$224 Million, 80% coming from four large U.S. Institutional investors Announces Departure of Co-Founder and former CEO Dr....
- January 28th, 2021 at 5:03 pm