Cannabis Company News

Plus Products Reports Q4 Sales Jump 776% to $3.4 Million

Plus Products Reports Preliminary 2018 Unaudited Revenues of US$8.4 Million Plus Products’ anticipated annual revenues expected to grow approximately 684% while total California cannabis sales declined 17% year-over-year in...
- March 26th, 2019 at 7:50 am

Cronos Group Q4 Revenue Grows 248% to $5.6 Million

Cronos Group Inc. Announces Fourth Quarter 2018 and Full Year 2018 Results Closed C$2.4 Billion Strategic Growth Investment from Altria Group, Inc. Completed first harvest in Peace Naturals expansion...
- March 26th, 2019 at 7:45 am

Newstrike Generates $4.7 Million Net Revenue in Q4

Newstrike Brands Ltd. Announces Fourth Quarter and Year End 2018 Results First Full Quarter of Revenue from Operations TORONTO, March 26, 2019 /CNW/ – Newstrike Brands Ltd. (TSXV:HIP) (the “Company”)...
- March 26th, 2019 at 7:30 am

Cresco Labs Receives Approval to Enter the Michigan Market

CHICAGO & LANSING, Mich., March 25, 2019–(BUSINESS WIRE)–Cresco Labs Inc. (“Cresco Labs” or the “Company”) (CSE: CL) (OTCQX: CRLBF), one of the largest vertically integrated multistate cannabis operators in the...
- March 25th, 2019 at 7:27 am

iAnthus to Redeem $32 Million Convertible Note

iAnthus Capital Holdings, Inc. Announces Notice of Redemption of Debentures NEW YORK and TORONTO, March 25, 2019 /PRNewswire/ – iAnthus Capital Holdings, Inc. (“iAnthus” or the “Company”) (CSE: IAN,...
- March 25th, 2019 at 6:30 am

MPX International Raises $26.9 Million

MPX International Closes Oversubscribed Non-Brokered Private Placement Offering for Gross Proceeds of C$26.9 Million TORONTO, ON / ACCESSWIRE / March 25, 2019 / MPX International Corporation (the ”Company” or...
- March 25th, 2019 at 6:24 am

Gotham Green to Invest $250 Million into MedMen

MedMen Announces US$250 Million Investment From Gotham Green Partners LOS ANGELES–(BUSINESS WIRE)–MedMen Enterprises Inc. (CSE:MMEN) (OTCQX:MMNFF) (FSE: A2JM6N) (“MedMen” or the “Company”), is pleased to announce that it has...
- March 22nd, 2019 at 6:25 am

Curaleaf Reports $32 Million Revenue in Q4

Curaleaf Reports Fourth Quarter and Full Year 2018 Financial and Operational Results Reported Managed Revenue¹ of $87.8 Million in Full Year 2018 and $34.9 Million in Fourth Quarter through...
- March 20th, 2019 at 4:42 pm

Valens GroWorks Raises $30 Million Selling Units at $2.95

Valens GroWorks Announces $30 Million Bought Deal Financing & Acquisition of Strategic Assets Kelowna, British Columbia–(Newsfile Corp. – March 19, 2019) – Valens GroWorks Corp. (CSE: VGW) (the “Company”...
- March 19th, 2019 at 4:30 pm

Canopy Growth and DNA Genetics Extend and Expand Relationship

SMITHS FALLS, ON and LOS ANGELES, CA, March 19, 2019 /PRNewswire/ – Canopy Growth Corporation (“Canopy”) (TSX: WEED) (NYSE: CGC) (“Canopy Growth” or the “Company”), a world-leading, diversified cannabis company and OG DNA Genetics (“DNA”),...
- March 19th, 2019 at 8:32 am

MJIC Raises $15 Million Ahead of Public Trading Debut in 2019

MJIC Announces Close of Private Capital Raise LOS ANGELES, March 18, 2019–(BUSINESS WIRE)–MJIC, Inc. (“MJIC” or the “Company”), California’s leading provider of fully licensed cannabis wholesale distribution, retail, compliance...
- March 18th, 2019 at 10:03 pm

Tilray Q4 Revenue Grows 204% to $15.5 Million

  Tilray, Inc. Reports Full Year 2018 Financial Results Revenue Rises 110.0% to $43.1 (C$56.4) Million in 2018 Strategic Partnerships and Acquisitions Position Tilray to Accelerate Global Sales Growth...
- March 18th, 2019 at 4:22 pm