Cannabis Company News

Lenders to Advance MedMen Another $20 Million on Onerous Terms

MedMen Announces US$20 Million Financing Commitments – Designated News Release LOS ANGELES, September 16, 2020–(BUSINESS WIRE)–MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a leading cannabis...
- September 16th, 2020 at 5:02 pm

Trulieve Raises C$100.45 Million Selling Shares at C$24.50

Trulieve Announces Underwritten Offering of Subordinate Voting Shares TALLAHASSEE, Fla., Sept. 16, 2020 /CNW/ – Trulieve Cannabis Corp. (“Trulieve” or the “Company”) (CSE: TRUL) (OTCQX: TCNNF), a leading and...
- September 16th, 2020 at 4:41 pm

VIVO Cannabis Restructures $27 Million Convertible Debt

VIVO Cannabis™ Announces Agreement to Amend Outstanding Debentures TORONTO, Sept. 16, 2020 /CNW/ – VIVO Cannabis Inc. (TSX: VIVO) (“VIVO” or the “Company”) announces that the holders of its 6% unsecured convertible debentures dated February...
- September 16th, 2020 at 7:26 am

Cronos Group Names Kurt Schmidt New CEO

Cronos Group Announces Expanded Leadership Structure to Drive Next Phase of Growth 30-Year CPG Executive Kurt Schmidt Joins Cronos as Chief Executive Officer and Mike Gorenstein Named Executive Chairman...
- September 9th, 2020 at 8:33 am

Cannabis Stocks Extend Rally in August

Overcoming pressure on Canadian LPs and CBD companies with very strong performance from American cannabis operators, the Global Cannabis Stock Index extended July gains during August by increasing 2.1% in choppy...
- September 1st, 2020 at 1:58 pm

4Front Q2 Revenue Remains Steady at $12.7 Million

4Front Announces Second Quarter 2020 Results and Business Update Q2 2020 Systemwide Pro Forma Sales, excluding divested non-core assets, increased 1.3% from Q1 2020 to $19m, despite an approximate...
- August 31st, 2020 at 5:24 pm