Cannabis Company News

Canadian Cannabis Stocks Drop Over 9% in October

After breaking a three-month losing streak with a 1% gain in June and then retreating almost 27% in Q3, the Canadian Cannabis LP Index  extended its losing streak to four...
- October 29th, 2021 at 5:34 pm

Verano Borrows $120 Million at 8.5%

Verano Upsizes Credit Agreement to US$250 Million at 8.50% With an Additional US$100 Million Option Adds substantial, non-dilutive capital to the Company’s balance sheet, further buttressing its strong cash...
- October 20th, 2021 at 8:53 am

HEXO CEO Departs

HEXO Announces Strategic Executive Changes OTTAWA, Oct. 18, 2021 (GLOBE NEWSWIRE) — HEXO Corp. (“HEXO” or the “Company”) (TSX: HEXO; NASDAQ: HEXO) today announced the departure of Sebastien St-Louis,...
- October 18th, 2021 at 7:36 am

California Cannabis Company Claybourne Raises $17.5 Million

Claybourne Co. Announces $17.5 Million Over-Subscribed Capital Raise RIVERSIDE, CA, October 15, 2021 — Claybourne Industries Inc. (“Claybourne Co.”) one of California’s leading cannabis brands by retail sales, today...
- October 15th, 2021 at 12:13 pm

Cresco to Acquire Pennsylvania Operator Laurel Harvest for $80 Million

Cresco Labs to Expand Leadership in Pennsylvania Through Acquisition of Vertically Integrated Operator, Laurel Harvest CHICAGO, October 14, 2021–(BUSINESS WIRE)–Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco Labs” or “the Company”), a vertically...
- October 14th, 2021 at 8:00 am

Valens Q3 Revenue Increases 16% to C$21 Million

The Valens Company Reports Financial Results for The Third Quarter of Fiscal 2021 Provincial sales net revenue increased 20.0% quarter over quarter supported by a 76.5% quarter over quarter...
- October 13th, 2021 at 5:56 pm