Cannabis Company News

Aurora Cannabis Pays Down $89 Million Credit Facility

Aurora Cannabis Completes Balance Sheet Restructuring Full Repayment of Credit Facility Results in Principal and Interest Savings of ~$25 Million In the Next Year NASDAQ | TSX: ACB EDMONTON,...
- June 1st, 2021 at 5:16 pm

Valens Closes $46 Million Unit Offering

The Valens Company Closes Previously Announced Bought Deal Financing KELOWNA, BC, June 1, 2021 /CNW/ – The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF) (the “Company,” “The Valens Company”...
- June 1st, 2021 at 9:23 am

Canopy Growth Q4 Revenue Increases 38% to $148 Million

Canopy Growth Reports Fourth Quarter and Fiscal Year 2021 Financial Results Achieves 37% revenue growth in FY 2021 with strong double-digit growth across both cannabis and other consumer products...
- June 1st, 2021 at 7:46 am

Cansortium Q1 Revenue Increases 49% to $15.1 Million

Cansortium Reports First Quarter 2021 Financial Results Q1 Revenue up 49% YoY to $15.1 Million; Adjusted EBITDA up Significantly to $4.4 Million Management to Host Conference Call Today at...
- May 28th, 2021 at 4:24 pm

HEXO to Acquire Redecan for $925 Million

HEXO Corp announces acquisition of Redecan to create Canadian market leader in adult-use sales Combined company would hold number one market-share in Canadian recreational cannabis and hold number one...
- May 28th, 2021 at 7:28 am

Cresco Labs Q1 Revenue Increases 169% to $178 Million

Cresco Labs Announces First Quarter 2021 Financial Results Under U.S. GAAP Company reports record revenue of $178 million and expects to reach annualized revenue run-rate of more than $1...
- May 27th, 2021 at 8:05 am

Valens Raises $40 Million Selling Units at $3.30

The Valens Company Announces CDN$40 Million Bought Deal Offering of Units KELOWNA, BC, May 25, 2021 /CNW/ – The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF) (the “Company”, “The...
- May 25th, 2021 at 5:19 pm

HempFusion to Acquire CBD Topicals Maker Sagely Naturals for $25 Million

HempFusion Signs Definitive Agreement to Acquire Leading CBD Brand Sagely Naturals DENVER, May 25, 2021–(BUSINESS WIRE)–HempFusion Wellness Inc. (TSX:CBD.U) (US:CBDHF) (FWB:8OO) (“HempFusion” or the “Company”), a leading health and wellness Company...
- May 25th, 2021 at 7:51 am

4Front Q1 Revenue Increases 82% to $23 Million

4Front Ventures Reports First Quarter 2021 Financial Results and Provides Business Update Q1 2021 Systemwide Pro Forma Revenue of $31.4 million, an increase of 26% over Q4 2020 Q1...
- May 24th, 2021 at 4:24 pm