Cannabis Company News

Utah Medical Cannabis Program Set to Launch Next Week

Effective March 1, Utah will officially launch its medical cannabis program when the state’s Department of Health begins accepting applications for medical cannabis patient cards. The following day, March...
- February 26th, 2020 at 11:57 am

Acreage Holdings Q4 Revenue Declines 6% to $21.1 Million

Acreage Holdings Reports Fourth Quarter and Full Year 2019 Results NEW YORK, Feb. 26, 2020 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ), one...
- February 26th, 2020 at 5:36 am

GW Pharma Generates $109 Million Revenue in Q4

GW Pharmaceuticals plc Reports Fourth Quarter and Year-End 2019 Financial Results and Operational Progress Total revenue of $109.1 million for the fourth quarter and $311.3 million for the full...
- February 25th, 2020 at 4:24 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

cbdMD Revenue Grows 6% Sequentially as Loss Widens

cbdMD Reports Record First Quarter Fiscal 2020 Net Sales of $10.14 Million CHARLOTTE, N.C., February 13, 2020–(BUSINESS WIRE)–cbdMD, Inc. (NYSE American: YCBD, YCBD PR A) (the “Company”), a leading...
- February 13th, 2020 at 5:31 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

Texas Cannabis Market Restrictions Stunt Growth

When Texas lawmakers legalized the use of medical cannabis in 2015, it was among the most restrictive laws in the country. The program didn’t get off the ground until...
- February 13th, 2020 at 3:28 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

KushCo Holdings Raises $16 million with Unit Sale at $1.60

KushCo Holdings, Inc. Prices $16 Million Registered Direct Offering CYPRESS, CA / ACCESSWIRE / February 6, 2020 / KushCo Holdings, Inc. (OTCQX:KSHB) (“KushCo” or the “Company”), today announced it...
- February 6th, 2020 at 9:09 am

Kentucky CBD Producer GenCanna Files for Bankruptcy

GenCanna Global Files for Chapter 11 to Implement Financial and Operational Restructuring Plans Secures $10 Million In DIP Financing From Existing Senior Lender and Will Evaluate all Strategic Options...
- February 6th, 2020 at 8:16 am