Canadian Cannabis News

Village Farms Raises C$10 Million Through Stock Sale at C$3.20

Village Farms International Announces $10 Million Underwritten Public Offering of Common Shares VANCOUVER, March 19, 2020 /CNW/ – Village Farms International, Inc. (“Village Farms” or the “Company”) (TSX: VFF) (NASDAQ: VFF) is pleased...
- March 19th, 2020 at 8:22 am

Canopy Growth Temporarily Closes 23 Canadian Cannabis Stores

Canopy Growth to temporarily close corporate owned retail amid response to COVID-19 SMITH FALLS, ON, March 17, 2020 /PRNewswire/ – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NYSE: CGC)...
- March 17th, 2020 at 7:50 am

Tilray Prices $90.4 Million Equity Offering at $4.76

Tilray, Inc. Announces Pricing of its $90.4 Million Registered Offering NANAIMO, British Columbia, March 13, 2020–(BUSINESS WIRE)–Tilray, Inc. (“Tilray” or the “Company”) (Nasdaq: TLRY), a global pioneer in cannabis...
- March 13th, 2020 at 9:24 am

Tilray Q4 Cannabis Revenue Declines 20% Sequentially

Tilray, Inc. Reports Fourth Quarter and Full Fiscal Year 2019 Financial Results Revenue Increased 287% to $167.0 (C$217.4) Million in Full Fiscal Year 2019 Compared to the Prior Year...
- March 2nd, 2020 at 4:28 pm

Global Cannabis Stocks Drop 21.5% in February

After breaking an 8-month losing streak in December with a strong close on the last day of the year, the Global Cannabis Stock Index extended its January losses with a 21.5%...
- March 2nd, 2020 at 10:55 am

Organigram Bets Big on Chocolate

Exclusive Interview with Organigram CEO Greg Engel In 2018, Organigram (NASDAQ: OGI) (TSX: OGI) CEO Greg Engel spoke with New Cannabis Ventures about creating a company culture of quality....
- March 2nd, 2020 at 9:50 am

Canadian Cannabis Producer Stocks Decline 21% in February

Canadian licensed producers experienced their eleventh consecutive monthly decline during February, with the Canadian Cannabis LP Index falling 20.8% to 302.23: Over the past year, the index has declined 69.7%: The...
- March 1st, 2020 at 3:01 pm

Valens Q4 Revenue Exceeds $30 Million

The Valens Company Reports Record Financial Performance in the Fourth Quarter and Fiscal Year Ended November 30, 2019 with Q4 Adjusted EBITDA(1) of $17.7 Million KELOWNA, BC, Feb. 24,...
- February 24th, 2020 at 8:31 pm

Supreme Cannabis Revenue Dips to $9.1 Million in Q2

Supreme Cannabis Announces Q2 2020 Financial Results and Updated Plan for Accelerated Revenue Growth Focuses business on accelerated, near-term revenue growth with enhanced, coast-to-coast sales partnership with humble+fume Enhanced...
- February 13th, 2020 at 5:02 pm

Canadian LP Invictus Granted Creditor Protection

Invictus Granted Creditor Protection And Will Commence A Strategic Review Vancouver, B.C., Feb. 13, 2020 (GLOBE NEWSWIRE) — Invictus MD Strategies Corp. (TSXV: GENE; OTCQX: IVITF; FRA: 8IS2) (the...
- February 13th, 2020 at 4:24 pm

Tetra Bio-Pharma Raises C$15.5 Million

Tetra Bio-Pharma Announces Closing of Bought Deal Financing OTTAWA, Feb. 13, 2020 /CNW Telbec/ – Tetra Bio-Pharma Inc. (“Tetra” or the “Corporation”) (TSXV: TBP) (OTCQB: TBPMF), is pleased to...
- February 13th, 2020 at 10:13 am

Aurora Cannabis Generates $56 Million Revenue in Fiscal Q2

Aurora Cannabis Announces Second Quarter 2020 Results Net Revenue of $66.6 million, excluding provisions of $10.6 million Net Cannabis Revenue, excluding provisions, of $63.2 million, In Line With Recent Guidance Cash Cost...
- February 13th, 2020 at 7:30 am

Supreme Cannabis Announces 15% Reduction in Workforce

Supreme Cannabis Focuses Organization and Reduces Cost Structure to Accelerate Profitable Growth Corporate positions decreased by approximately 33% and operational positions decreased by approximately 13% Total number of positions...
- February 11th, 2020 at 5:09 pm