Cannabis Company News

Global Cannabis Stocks Decline 8.7% in Q2

The Global Cannabis Stock Index fell for the fourth consecutive month, declining 4.1% to 57.10: The index, which was down 8.7% during Q2, had 46 qualifying members during the month following the...
- July 1st, 2021 at 10:00 am

Canadian Cannabis Stocks Gain 1% in June

The Canadian Cannabis LP Index  broke a three-month losing streak in June, increasing 1.2% to 359.27. The index, which rallied 22.1% in Q4 but still fell 30.1% in 2020 to...
- June 30th, 2021 at 5:00 pm

Glass House Brands to Begin Trading on July 5th

GH Group, Inc. and Mercer Park Brand Acquisition Corp. Complete de-SPAC Transaction, Creating the Largest Cannabis Brand-Building Platform in California Creates a Highly Expansive, Fully Integrated Cannabis Business in...
- June 29th, 2021 at 8:13 pm

CBD Company Kadenwood Raises $50 Million

Kadenwood Raises $50M to Accelerate Leadership Position in Shaping CBD Into Mainstream Wellness Category The Craftory, Arcadian Capital and Existing Investors Led the Series B Round as Kadenwood Expands...
- June 29th, 2021 at 1:39 pm

California Operator Truth Enterprises Raises $11.5 Million

Truth Enterprises Oversubscribed $10M Round Investors Include Seasoned Cannabis Industry Pioneers SACRAMENTO, Calif., June 29, 2021–(BUSINESS WIRE)–Truth Enterprises, the parent corporation behind Sacramento-based lbs. Distribution, today announced the oversubscription...
- June 29th, 2021 at 9:46 am

High Tide Q2 Revenue Increases 99% to $40.9 Million

High Tide Reports Second Quarter 2021 Financial Results Featuring a 99% Increase in Revenue and Another Record Adjusted EBITDA of $4.7 Million CALGARY, AB, June 28, 2021 /PRNewswire/ –...
- June 28th, 2021 at 6:08 pm

Flower One Q1 Revenue Increases 53% to $13.9 Million

Flower One Reports First Quarter 2021 Results and Provides Preliminary Revenue Guidance for Its Second Quarter Second Quarter Revenue Guidance of $16-$18m Reflects Its Second Consecutive Record Revenue Quarter...
- June 28th, 2021 at 9:26 am