Cannabis Company News

Canadian Licensed Producer Index Falls 7.5% in August

After breaking a three-month losing streak with a 1% gain in June and then retreating almost 10% in July, the Canadian Cannabis LP Index fell sharply again in August, declining 7.5%...
- September 1st, 2021 at 8:15 am

HEXO Completes Acquisition of 48North

HEXO and 48North announce closing of arrangement OTTAWA and TORONTO, Sept. 01, 2021 (GLOBE NEWSWIRE) — HEXO Corp. (“HEXO”) (TSX: HEXO; NASDAQ: HEXO) and 48North Cannabis Corp. (“48North”) (TSX-V:...
- September 1st, 2021 at 7:44 am

Lowell Farms Raises $18 Million Selling Units at $1.00

Lowell Farms Inc. Announces Closing of US$18 Million Equity Private Placement SALINAS, Calif., Aug. 31, 2021 (GLOBE NEWSWIRE) — Lowell Farms Inc. (the “Company”) (CSE: LOWL; OTCQX: LOWLF), a...
- August 31st, 2021 at 7:52 am

Ascend Wellness Borrows $210 Million at 9.5% for Four Years

Ascend Wellness Holdings Announces US$210 Million Senior Debt Financing Four-Year Term Bears Interest at 9.5% Refinances Existing Debt Lowering Cost of Capital Strengthens Balance Sheet to Support Investment Towards...
- August 30th, 2021 at 7:28 am

Planet 13 Triples Revenue in Q2 to $32.8 Million

Planet 13 Announces Q2 2021 Financial Results Q2 2021 Revenue of $32.8 million, up 205% compared to Q2, 2020 Q2 2021 Adjusted EBITDA of $7.2 million All figures are...
- August 26th, 2021 at 4:48 pm