Cannabis Company News

Canadian Cannabis Stocks Drop 5.5% in November

After retreating almost 27% in Q3, the Canadian Cannabis LP Index extended its losing streak to five months as it fell again in November, declining 5.5.% to 225.26: The index, which...
- December 1st, 2021 at 8:18 am

Organigram Q4 Revenue Increases 22% to $24.9 Million

Organigram Reports Fourth Quarter Fiscal 2021 Results Continued growth in net revenue and increased market share Achieved a 7% share of market in the recreational cannabis market in Q4,...
- November 23rd, 2021 at 6:29 am

Gage Growth Borrows $55 Million to Fund Michigan Expansion

Gage Growth Corp. Announces US$55 Million Senior Secured Debt Financing Provides Maximum Flexibility to Execute on Gage’s Growth Strategy, Including Near-Term Retail Acquisition Opportunities DETROIT, and TORONTO, Nov. 22,...
- November 22nd, 2021 at 9:48 am

Flora Growth Raises $30 Million Selling Units at $3

Flora Growth Announces Pricing of $30 Million Public Offering MIAMI & TORONTO-November 19, 2021-(BUSINESS WIRE)–Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator and manufacturer...
- November 19th, 2021 at 7:38 am

4Front Q3 Revenue Declines 4% Sequentially to $25.9 Million

4Front Ventures Reports Third Quarter 2021 Financial Results and Provides Business Update Systemwide Pro Forma Revenue1 of $33.1 million compared to $22.3 million in Q3 2020, increased 48% year over year, and decreased 4%...
- November 17th, 2021 at 4:30 pm

Jushi to Buy Nevada Cannabis Operator NuLeaf for $52.5 Million

Jushi Holdings Inc. Further Expands Nevada Footprint Through Agreement to Acquire Vertically Integrated State Operator Acquisition Includes Three Retail Dispensaries, a Cultivation Facility and a Product Manufacturing Facility Expands...
- November 17th, 2021 at 7:32 am