Cannabis Company News

iAnthus Introduces “Be.” National Retail Cannabis Brand

iAnthus Unveils Rollout of National Retail Brand at Canaccord Genuity Cannabis Conference NEW YORK and TORONTO, May 14, 2019 /PRNewswire/ – iAnthus Capital Holdings, Inc. (“iAnthus” or the “Company”)...
- May 14th, 2019 at 5:42 pm

Tilray Q1 Cannabis Sales Increase 124% to $17.5 Million

Tilray, Inc. Reports First Quarter 2019 Financial Results Revenue Rises 195.1% to $23.0 (C$31.0) Million in the First Quarter; Company closes two acquisitions: Manitoba Harvest and Natura Naturals NANAIMO,...
- May 14th, 2019 at 4:31 pm

Indus Holdings to Acquire W Vapes for $20 Million

Indus Holdings, Inc. Expands Operations Into Nevada And Oregon California cannabis leader set for tremendous growth after acquiring facilities in neighboring states SALINAS, Calif., May 14, 2019 /PRNewswire/ — Indus Holdings, Inc. (“Indus”)...
- May 14th, 2019 at 7:33 am

CannTrust Q1 Sales Increase 115% to $16.9 Million

CannTrust Reports Financial Results for Q1 2019 VAUGHAN, ON, May 14, 2019 /PRNewswire/ – CannTrust Holdings Inc. (“CannTrust” or the “Company”, TSX:TRST,NYSE:CTST) today released its financial results for the first quarter...
- May 14th, 2019 at 7:25 am

Good Buds Obtains First Canadian Outdoor Grow License

Good Buds Awarded Outdoor Cultivation License Good Buds is Leading the Way to Reduce Both Growing Costs and Carbon Footprint Salt Spring Island, British Columbia–(Newsfile Corp. – May 13,...
- May 13th, 2019 at 8:29 am

4Front Secures $50M Loan to Fund Real Estate-Related Development

4Front to use strengthened balance sheet to expand and develop its production capacity PHOENIX, May 10, 2019 /PRNewswire/ — 4Front Holdings, LLC (“4Front”), a diversified operator of strategically aligned cannabis-related businesses, including cultivation,...
- May 10th, 2019 at 8:49 am

Halo Labs Q1 Revenue Increases 302% to $8.7 Million

Halo Labs Reports Record Q1 2019 Revenue of US $8.7MM: US Cannabis Extraction Specialist Revenue up ~190% from Q4 2018 TORONTO, May 09, 2019 — (Business Wire) — Halo Labs...
- May 10th, 2019 at 5:49 am

Cronos Group Q1 Revenue Increases 120% to $6.5 Million

Cronos Group Inc. Announces First Quarter 2019 Results Cronos Group Closes C$2.4 Billion Strategic Investment from Altria Group Cronos Group Establishes Cronos Device Labs, a State-of-the-Art Vaporizer R&D Initiative...
- May 9th, 2019 at 7:49 am

Charlotte’s Web Pre-Announces Q1 Revenue at $21-22 Million

Charlotte’s Web Holdings, Inc. Reports Preliminary 2019 Q1 Results, Surpasses 6,000 Retail Doors, Maintains 2019 Revenue Guidance BOULDER, CO, May 8, 2019 /PRNewswire/ – Charlotte’s Web Holdings, Inc. (“Charlotte’s...
- May 8th, 2019 at 10:39 pm

CV Sciences CBD Sales Grow 86% in Q1 to $14.9 Million

CV Sciences, Inc. Reports First Quarter 2019 Financial Results Record Quarterly Revenue Increased Retail Distribution By Over 1,000 Stores LAS VEGAS, May 08, 2019 (GLOBE NEWSWIRE) — CV Sciences,...
- May 8th, 2019 at 4:42 pm

California Cannabis Operator NUG Raises $15 Million

NUG, Inc. Raises $15 Million in Series A Funding Round Vertically Integrated Cannabis Company Oversubscribed Original Goal, Securing Additional Funding to Fuel Rapid Expansion and Fortify Position as Preeminent...
- May 8th, 2019 at 11:25 am