Canadian Cannabis News

Supreme Cannabis Restructures $100 Million Convertible Debt

Supreme Cannabis Announces Agreement to Partially Convert and Amend Debentures Supreme Cannabis reduces principal amount to $36.5 million from $100.0 million Extends maturity date on $36.5 million of remaining...
- August 4th, 2020 at 8:39 am

Cannabis Stocks Jump 9% in July to Extend Q2 Gains

Cannabis stocks recovered nearly all of the losses from June during July, with the Global Cannabis Stock Index increasing 9.0% to 32.07: The index, which had 37 qualifying members during the...
- August 3rd, 2020 at 1:43 pm

Emerald Health to Sell Quebec Subsidiary for $21 Million

Emerald Health Therapeutics and Quinto Resources Enter into Share Purchase Agreement for Sale of Quebec Cannabis Business Vancouver, British Columbia–(Newsfile Corp. – July 31, 2020) – Emerald Health Therapeutics,...
- July 31st, 2020 at 7:41 am

How to Assess Cannabis Operator Intangible Assets

Intangible Assets in the Cannabis Industry – Measuring the Success of Acquisitions Guest Post by Noam Hirschberger, CFA, CVA, Principal, Co-Lead of Cannabis Practice at PKF O’Connor Davies In the...
- July 29th, 2020 at 10:54 am

Organigram Q3 Revenue Declines 27% to $18 Million

Organigram Reports Third Quarter Fiscal 2020 Results Net revenue of $18.0 million compared to $24.8 million in Q3 2019 Generated positive cash flow from operations of $8.5 million as...
- July 21st, 2020 at 7:00 am

Neptune Raises $12.7 Million Selling Shares at $2.65

Neptune Wellness Solutions Inc. Announces US$12.65 Million Registered Direct Offering LAVAL, QC, July 13, 2020 /PRNewswire/ – Neptune Wellness Solutions Inc. (“NEPT” or the “Company”) (TSX: NEPT) (NASDAQ: NEPT),...
- July 13th, 2020 at 9:32 am

Organigram Reduces Staff by 25%

Organigram Provides Update on COVID-19 Corporate Action Plan and Timing for Q3 Results MONCTON, New Brunswick-July 03, 2020-(BUSINESS WIRE)–Organigram Holdings Inc. (“Organigram” or the “Company”) (TSX: OGI) (NASDAQ: OGI)...
- July 3rd, 2020 at 8:33 am

Canadian Cannabis Producer Stocks Pull Back 11% in June

Canadian licensed producers, which rose in both April and May after twelve consecutive monthly declines through March, reversed some of the recent gains, with the Canadian Cannabis LP Index declining 11.4%...
- July 1st, 2020 at 9:59 am

Organigram Completes $49 Million At-the-Market Equity Offering

Organigram Holdings Inc. Provides Corporate Updates MONCTON, New Brunswick, June 23, 2020–(BUSINESS WIRE)–Organigram Holdings Inc. (“Organigram” or the “Corporation”) (TSX: OGI) (NASDAQ: OGI) announces a number of corporate updates....
- June 23rd, 2020 at 7:02 am

Zenabis Raises C$20.5 Million Selling Units at C$0.13

Zenabis Announces Pricing of Public Offering of Units and Upsizing of the Offering to $20,493,704 million VANCOUVER, BC, June 19, 2020 /CNW/ – Zenabis Global Inc. (TSX:ZENA) (“Zenabis” or...
- June 19th, 2020 at 10:10 am