Canadian Cannabis News

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

MediPharm Labs Q1 Revenue Plunges 50% to $11.1 Million

MediPharm Labs Reports First Quarter 2020 Results, Clears Path for International Growth BARRIE, Ontario, June 18, 2020 (GLOBE NEWSWIRE) — MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE: MLZ)...
- June 18th, 2020 at 6:59 am

Ontario Details How Legal Cannabis Is Taking Root

OCS Publishes Report on Ontario’s First Full Fiscal Year of Legal Cannabis Operations June 8, 2020 (TORONTO) – Today the Ontario Cannabis Store (OCS) published A Year in Review...
- June 8th, 2020 at 5:11 pm

Global Cannabis Stock Index Constituents Gain 27% in May

Cannabis stocks accelerated their rally in May, with the Global Cannabis Stock Index gaining 27.0% to 32.52: The index, which had 35 qualifying members during the month following the quarterly rebalancing...
- June 1st, 2020 at 1:13 pm

Valens Arranges $40 Million Secured Debt Facility with CIBC and ATB

The Valens Company Enters into $40 Million Debt Facility KELOWNA, BC, June 1, 2020 /PRNewswire/ –Valens GroWorks Corp. (TSX: VLNS) (OTCQX: VLNCF) (the “Company” or “The Valens Company”), a global leader in the end-to-end development...
- June 1st, 2020 at 7:27 am