Canadian Cannabis News

Global Cannabis Stocks Surge 44.2% in January

Cannabis stocks, as measured by the Global Cannabis Stock Index, bounced back sharply from Q4 losses of 44.2%, rallying 44.2% in January to 92.33: The index, which had 43 qualifying...
- February 1st, 2019 at 3:35 pm

Canadian Cannabis Producers Index Soars 36% to Begin 2019

After sinking 43.8% in Q4, the Canadian Cannabis LP Index rallied sharply to begin the year, rising 36.0% to 958.16: The index ran up into the October legalization beginning in mid-August after the announcement...
- February 1st, 2019 at 8:36 am

Organigram Surpasses One Million Pre-Rolls Production

Organigram Hits One Million Pre-Rolls, Continues Moncton Campus Expansion Pre-roll production milestone allows Organigram to establish a leading market presence Phase 4 facility expansion continues, will add 91 incremental...
- January 31st, 2019 at 6:17 am

Canadian Cannabis Sales Rise Modestly in December

Health Canada provided preliminary data regarding cannabis demand and supply for the month of December: The data is broken down by medical and non-medical, both of which saw dried flower...
- January 29th, 2019 at 2:58 pm

Organigram Quarterly Sales Jump 504% to $12.4 Million

Organigram Reports Record Net Revenue of $12.4 Million Up 287% Sequentially Quarter-over-Quarter; Adjusted Gross Margin of 71% Net revenue growth due to first shipments of adult-use recreational product during...
- January 28th, 2019 at 7:08 am

48North Expects to Begin Outdoor Cultivation in June

48North Provides Update on its 100-acre Outdoor Farm Application TORONTO, Jan. 24, 2019 /CNW/ – 48North Cannabis Corp. (“48North” or the “Company”) (TSXV:NRTH) is pleased to announce that it...
- January 24th, 2019 at 8:30 am

Green Growth Brands Announces Aphria Acquisition Terms

Green Growth Brands Files Offer to Purchase and Circular for Aphria Inc.; Formal Take-over Bid to Commence on January 23, 2019; Receives Commitment for C$150 Million Equity Investment Formal...
- January 22nd, 2019 at 7:09 pm

Sunniva to Raise $10 Million in Convertible Note Offering

Sunniva Secures Additional USD $5.0 Million in Purchase Orders for Sunniva Branded Cannabis Products and Announces $10 Million Financing to Support Near Term Growth VANCOUVER, British Columbia, Jan. 22,...
- January 22nd, 2019 at 9:24 am

CannTrust Gets Green Light for Expansion

CannTrust to Proceed Immediately with Phase III Construction in Town of Pelham VAUGHAN, ON, Jan. 22, 2019 /PRNewswire/ – CannTrust Holdings Inc. (“CannTrust” or the “Company”, TSX: TRST), one...
- January 22nd, 2019 at 7:34 am

Tilray to Buy Leamington Cannabis Greenhouse Grower

Tilray® to Acquire Natura Naturals Holdings Inc. for up to C$70 Million Subject to Performance Milestones Acquisition increases the Company’s capacity to supply branded cannabis products NANAIMO, British Columbia–(BUSINESS...
- January 22nd, 2019 at 7:27 am

HEXO Corp to Raise $50 Million through Stock Sale

HEXO Corp. announces proposed public offering of common shares GATINEAU, Quebec, Jan. 21, 2019 (GLOBE NEWSWIRE) — HEXO Corp. (“HEXO” or the “Company”) (TSX: HEXO) today announced that it...
- January 21st, 2019 at 4:16 pm

Zenabis Secures $51 Million Credit Facility

Zenabis Enters Into Credit Agreement with a Major Canadian Chartered Bank for $51,000,000 Credit Facility Zenabis has entered into a $51,000,000 credit agreement for credit facilities, provided by a major Canadian...
- January 21st, 2019 at 8:47 am

Medipharm Labs Ships Over $10 Million of Cannabis Oil

MediPharm Labs Signs New Cannabis Oil Agreements and Completes First Shipments of Supply in December TORONTO, Jan. 16, 2019 (GLOBE NEWSWIRE) — MediPharm Labs Corp. (TSXV: LABS; OTCQB: MLCPF)...
- January 16th, 2019 at 1:57 pm