Cannabis Company News

Cresco Labs Q1 Revenue Increases 169% to $178 Million

Cresco Labs Announces First Quarter 2021 Financial Results Under U.S. GAAP Company reports record revenue of $178 million and expects to reach annualized revenue run-rate of more than $1...
- May 27th, 2021 at 8:05 am

Valens Raises $40 Million Selling Units at $3.30

The Valens Company Announces CDN$40 Million Bought Deal Offering of Units KELOWNA, BC, May 25, 2021 /CNW/ – The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF) (the “Company”, “The...
- May 25th, 2021 at 5:19 pm

HempFusion to Acquire CBD Topicals Maker Sagely Naturals for $25 Million

HempFusion Signs Definitive Agreement to Acquire Leading CBD Brand Sagely Naturals DENVER, May 25, 2021–(BUSINESS WIRE)–HempFusion Wellness Inc. (TSX:CBD.U) (US:CBDHF) (FWB:8OO) (“HempFusion” or the “Company”), a leading health and wellness Company...
- May 25th, 2021 at 7:51 am

4Front Q1 Revenue Increases 82% to $23 Million

4Front Ventures Reports First Quarter 2021 Financial Results and Provides Business Update Q1 2021 Systemwide Pro Forma Revenue of $31.4 million, an increase of 26% over Q4 2020 Q1...
- May 24th, 2021 at 4:24 pm

What’s New With Cannabis Stocks for the Week Ending 05/21/21

Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary  Mississippi’s medical cannabis referendum win was...
- May 21st, 2021 at 5:04 pm

TerrAscend Q1 Revenue Increases 106% to $53.4 Million

TerrAscend Reports First Quarter Net Sales of USD $53.4 Million and Adjusted EBITDA(1) of USD $22.6 Million Raises full year 2021 guidance for Net Sales to exceed USD $300 million and...
- May 19th, 2021 at 7:44 am

High Tide Prices C$15 Million Unit Offering at C$9.60

High Tide Announces $15.0 Million Bought Deal Public Offering CALGARY, AB, May 18, 2021 /CNW/ – High Tide Inc. (“High Tide” or the “Company”) (TSXV: HITI) (OTCQB: HITIF) (FRA:...
- May 18th, 2021 at 6:03 pm

MariMed Q1 Revenue Increases 230% to $24.6 Million

MariMed Q1 2021 Results Reflect Highest Core Cannabis Revenue and Profitability Core Cannabis Revenue Increased 230% to $24.6m, EBITDA Increased 764% to $7.6m Q1 2021 vs. Q1 2020 Significantly...
- May 17th, 2021 at 6:04 pm

The Parent Company Reports Q1 Revenue of $39.9 Million

The Parent Company Reports First Quarter 2021 Financial Results Achieves Consolidated Net Sales of $40 Million; Adjusted Net Sales of $46 Million Maintains Industry-Leading Balance Sheet with $281 Million...
- May 17th, 2021 at 4:44 pm

HempFusion to Buy Topical CBD Manufacturer Apothecanna for $15 Million

HempFusion Signs Definitive Agreement to Acquire Pioneering CBD Brand Apothecanna DENVER, May 17, 2021–(BUSINESS WIRE)–HempFusion Wellness Inc. (TSX:CBD.U) (US:CBDHF) (FWB:8OO) (“HempFusion” or the “Company”), a leading health and wellness Company offering...
- May 17th, 2021 at 7:54 am