Cannabis Company News

What’s New With Cannabis Stocks for the Week Ending 05/21/21

Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary  Mississippi’s medical cannabis referendum win was...
- May 21st, 2021 at 5:04 pm

TerrAscend Q1 Revenue Increases 106% to $53.4 Million

TerrAscend Reports First Quarter Net Sales of USD $53.4 Million and Adjusted EBITDA(1) of USD $22.6 Million Raises full year 2021 guidance for Net Sales to exceed USD $300 million and...
- May 19th, 2021 at 7:44 am

High Tide Prices C$15 Million Unit Offering at C$9.60

High Tide Announces $15.0 Million Bought Deal Public Offering CALGARY, AB, May 18, 2021 /CNW/ – High Tide Inc. (“High Tide” or the “Company”) (TSXV: HITI) (OTCQB: HITIF) (FRA:...
- May 18th, 2021 at 6:03 pm

MariMed Q1 Revenue Increases 230% to $24.6 Million

MariMed Q1 2021 Results Reflect Highest Core Cannabis Revenue and Profitability Core Cannabis Revenue Increased 230% to $24.6m, EBITDA Increased 764% to $7.6m Q1 2021 vs. Q1 2020 Significantly...
- May 17th, 2021 at 6:04 pm

The Parent Company Reports Q1 Revenue of $39.9 Million

The Parent Company Reports First Quarter 2021 Financial Results Achieves Consolidated Net Sales of $40 Million; Adjusted Net Sales of $46 Million Maintains Industry-Leading Balance Sheet with $281 Million...
- May 17th, 2021 at 4:44 pm

HempFusion to Buy Topical CBD Manufacturer Apothecanna for $15 Million

HempFusion Signs Definitive Agreement to Acquire Pioneering CBD Brand Apothecanna DENVER, May 17, 2021–(BUSINESS WIRE)–HempFusion Wellness Inc. (TSX:CBD.U) (US:CBDHF) (FWB:8OO) (“HempFusion” or the “Company”), a leading health and wellness Company offering...
- May 17th, 2021 at 7:54 am

Schwazze Generates $19.3 Million Revenue in Q1

Schwazze Announces First Quarter Results Revenue Increases 504% to $19.3 Million Compared to $3.2 Million During the Same Period Proforma Revenue Estimated at $26.8 Million Raising Low End of...
- May 13th, 2021 at 5:02 pm

Aurora Cannabis Q3 Revenue Declines 25% to $55 Million

Aurora Cannabis Announces Fiscal 2021 Third Quarter Results Domestic Medical Net Revenue Steady at $26.9 Million Strong International Medical Net Revenue of $9.4 Million Total Cannabis Net Revenue, Excluding...
- May 13th, 2021 at 4:46 pm

Trulieve Q1 Revenue Increases 102% to $194 Million

Trulieve Reports Record First Quarter 2021 Revenue of $193.8M, Net Income of $30.1M and Adjusted EBITDA of $90.8M Achieved 13th consecutive quarter of profitability; Announces definitive agreement to acquire...
- May 13th, 2021 at 7:04 am

GTI Q1 Revenue Increases 90% to $194 Million

Green Thumb Industries Reports First Quarter 2021 Results CHICAGO and VANCOUVER, British Columbia, May 12, 2021 (GLOBE NEWSWIRE) — Green Thumb Industries Inc. (“Green Thumb,” or the “Company”) (CSE:...
- May 12th, 2021 at 4:36 pm

MedMen Q3 Revenue Drops 27% to $32 Million

MedMen Reports Sequential Sales Increase in Third Quarter Fiscal Year 2021 Financial Results Third quarter revenue of $32.0 million, up 3.8% from the previous quarter adjusting for removal of...
- May 11th, 2021 at 5:00 pm