Cannabis Company News

Gage Growth Borrows $55 Million to Fund Michigan Expansion

Gage Growth Corp. Announces US$55 Million Senior Secured Debt Financing Provides Maximum Flexibility to Execute on Gage’s Growth Strategy, Including Near-Term Retail Acquisition Opportunities DETROIT, and TORONTO, Nov. 22,...
- November 22nd, 2021 at 9:48 am

Flora Growth Raises $30 Million Selling Units at $3

Flora Growth Announces Pricing of $30 Million Public Offering MIAMI & TORONTO-November 19, 2021-(BUSINESS WIRE)–Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator and manufacturer...
- November 19th, 2021 at 7:38 am

4Front Q3 Revenue Declines 4% Sequentially to $25.9 Million

4Front Ventures Reports Third Quarter 2021 Financial Results and Provides Business Update Systemwide Pro Forma Revenue1 of $33.1 million compared to $22.3 million in Q3 2020, increased 48% year over year, and decreased 4%...
- November 17th, 2021 at 4:30 pm

Jushi to Buy Nevada Cannabis Operator NuLeaf for $52.5 Million

Jushi Holdings Inc. Further Expands Nevada Footprint Through Agreement to Acquire Vertically Integrated State Operator Acquisition Includes Three Retail Dispensaries, a Cultivation Facility and a Product Manufacturing Facility Expands...
- November 17th, 2021 at 7:32 am

TerrAscend Q3 Revenue Declines 16% to $49 Million

TerrAscend Reports Third Quarter Net Sales of $49.1 Million and Adjusted EBITDA(1) of $10.5 Million NEW YORK and TORONTO, Nov. 16, 2021 /CNW/ – TerrAscend Corp. (“TerrAscend” or the...
- November 16th, 2021 at 7:58 am

Verano Q3 Revenue Increases 4% to $207 Million

Verano Announces Third Quarter 2021 Financial Results Company reports topline sequential growth and industry-leading EBITDA while expanding national footprint1 to over 1,000,000 square feet of active cultivation and 89...
- November 16th, 2021 at 7:39 am

Charlotte’s Web Q3 Revenue Declines 6% to $23.7 Million

Charlotte’s Web Reports Q3-2021 Increased Sales Volumes with Improved Profit and Operating Margins DENVER, Nov. 15, 2021 /PRNewswire/ – (TSX: CWEB) (OTCQX: CWBHF), Charlotte’s Web Holdings, Inc. (“Charlotte’s Web”...
- November 15th, 2021 at 4:22 pm

Auxly Q3 Revenue Increases 95% to $24.5 Million

Auxly Reports Third Quarter 2021 Financial Results Reports Continued Growth in Revenues and Canadian Recreational Market Share TORONTO, Nov. 15, 2021 (GLOBE NEWSWIRE) — Auxly Cannabis Group Inc. (TSX...
- November 15th, 2021 at 7:53 am