Cannabis Company News

Edison Expects GW Pharma to Double

UK-based investment research firm Edison updated its views on GW Pharma (NASDAQ: GWPH) today. Analyst Maxim Jacobs is targeting a price of 587 pence, which, at the current dollar/pound...
- February 25th, 2016 at 11:54 am

Canopy Growth Quarterly Sales Reach $3.5mm

Canopy Growth Corporation Reports Third Quarter Fiscal Year 2016 Financial Results Quarterly Revenues increased 41% over Q2 FY 2016; increased 5‑fold year over year SMITHS FALLS, ON , Feb....
- February 25th, 2016 at 7:40 am

Mettrum Sales Expand by 18% as Losses Narrow

Mettrum Announces Third Quarter Fiscal 2016 Financial Results Q3 2016 versus Q2 Financial Highlights: Revenue increased 18% to $2,016,683 Gross Margin increased 39% to $1,351,287 (67% of Sales) Reduced...
- February 23rd, 2016 at 6:28 pm

Canadian Cannabis Producer Aphria Sees Growth Ahead

Windsor Star reporter Doug Schmidt visited the Aphria (TSXV: APH) facility in Leamington, Ontario. His article, which includes a video interview with CEO Vic Neufeld, discusses the recent Health Canada approval for...
- February 22nd, 2016 at 7:50 pm

These Investors Are Quietly Investing in Cannabis Companies

Family offices focus on the ultra-high net worth investor, typically with at least $50mm in assets.  While these organizations provide many services beyond just investing, including handling day-to-day financial administration for their clients,...
- February 21st, 2016 at 8:00 am

Health Canada Grants Two Cannabis Cultivation Licenses

Health Canada’s website today reflects the granting of two new licenses to cultivate medical cannabis. Green Relief, based in Ontario, and THC Biomed (CSE:THC) (OTC:THCBF), based in British Columbia, received the 28th...
- February 19th, 2016 at 3:42 pm

A Win for the Cannabis Industry

Entrepreneurs in the legal cannabis industry never seem to catch a break, but a judge in Denver ruled today in favor of LivWell Enlightened Health, which had been sued...
- February 11th, 2016 at 7:31 pm