Cannabis Company News

Vireo Health Raises C$10.5 Million Selling Stock and Warrants

Vireo Health Raises $10.5 Million to Increase Sales Volume and Margin CAD $10.5 million financing to increase retail sell through in key medical only markets Management provides update regarding recent strategic...
- March 10th, 2020 at 7:25 am

Tilray Q4 Cannabis Revenue Declines 20% Sequentially

Tilray, Inc. Reports Fourth Quarter and Full Fiscal Year 2019 Financial Results Revenue Increased 287% to $167.0 (C$217.4) Million in Full Fiscal Year 2019 Compared to the Prior Year...
- March 2nd, 2020 at 4:28 pm

Global Cannabis Stocks Drop 21.5% in February

After breaking an 8-month losing streak in December with a strong close on the last day of the year, the Global Cannabis Stock Index extended its January losses with a 21.5%...
- March 2nd, 2020 at 10:55 am

Organigram Bets Big on Chocolate

Exclusive Interview with Organigram CEO Greg Engel In 2018, Organigram (NASDAQ: OGI) (TSX: OGI) CEO Greg Engel spoke with New Cannabis Ventures about creating a company culture of quality....
- March 2nd, 2020 at 9:50 am

American Cannabis Operator Index Plunges 25% in February

The American Cannabis Operator Index fell again for the eleventh consecutive month, declining 25.5% to 29.24, it’s lowest monthly close since inception: The index, which launched at the end of October...
- March 2nd, 2020 at 8:01 am

Canadian Cannabis Producer Stocks Decline 21% in February

Canadian licensed producers experienced their eleventh consecutive monthly decline during February, with the Canadian Cannabis LP Index falling 20.8% to 302.23: Over the past year, the index has declined 69.7%: The...
- March 1st, 2020 at 3:01 pm

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