Cannabis Company News

Colombian Cannabis Producer Flora Growth Prices NASDAQ IPO

Flora Growth Corp. Announces Pricing of Initial Public Offering TORONTO, May 11, 2021 (GLOBE NEWSWIRE) — Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), an all-outdoor cultivator and...
- May 11th, 2021 at 8:50 am

Verano Holdings Borrows $100 Million at 9.75%

Verano Upsizes Existing Credit Agreement by US$100 Million with a 9.75% Annual Interest Rate on a Non-Dilutive Basis Reduces borrowing costs with one of the industry’s leading annual interest...
- May 11th, 2021 at 8:21 am

Charlotte’s Web Q1 Revenue Increases 9% to $23.4 Million

Charlotte’s Web Holdings Reports Q1-2021 Results Expands #1 leadership position BOULDER, Colo., May 11, 2021 /PRNewswire/ – (TSX: CWEB) (OTCQX: CWBHF), Charlotte’s Web Holdings, Inc. (“Charlotte’s Web” or the...
- May 11th, 2021 at 6:49 am

Acreage Q1 Revenue Increases 22% Over Q4 to $38.4 Million

Acreage Holdings Reports First Quarter 2021 Results Reports Revenue Growth of 58% and Positive Adjusted EBITDA* NEW YORK, May 10, 2021 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage”) (CSE:...
- May 10th, 2021 at 5:25 pm

Trulieve to Acquire Harvest Health for $2.1 Billion in Stock

Trulieve Announces the Largest US Cannabis Transaction; Acquisition of Harvest Health & Recreation Inc., Creates the Most Profitable Multi-State Operator in the World’s Largest Cannabis Market Combined Company Will...
- May 10th, 2021 at 8:17 am

Cronos Q1 Revenue Slips 26% Sequentially

Cronos Group Reports 2021 First Quarter Results Receives processing license for the commercial production and sale of cannabinoids using biosynthesis Announces plans to launch Spinach™ branded edibles to the...
- May 7th, 2021 at 8:05 am

AFC Gamma Lends $15 Million to Cansortium

AFC Gamma Serves as Lead Investor in Cansortium’s $71 Million Senior Secured Credit Facility to Fund Operations in Three States Highlights AFC Gamma’s Presence in the Growing Medical Marijuana...
- May 5th, 2021 at 9:04 am

Lowell Farms Q1 Revenue Increases 17% to $11 Million

Lowell Farms Inc. Announces First Quarter 2021 Financial Results SALINAS, Calif., May 04, 2021 (GLOBE NEWSWIRE) — Lowell Farms Inc. (the “Company”) (CSE: LOWL; OTCQX: LOWLF), a leading, vertically-integrated,...
- May 4th, 2021 at 6:20 pm

Tilray and Aphria Close Merger

Tilray & Aphria Announce Closing of Transaction That Creates the “New” Tilray – a Global Cannabis Leader Operational Efficiencies Expected to Generate Approximately US$81 Million Annual Pre-Tax Cost-Saving Synergies...
- May 3rd, 2021 at 8:46 am

American Cannabis Operators Index Slips 4% in April

The American Cannabis Operator Index fell for the second straight month after having scored five straight monthly gains, declining 4.1% to 79.66: After gaining 45.7% in 2020, when it ended at...
- May 3rd, 2021 at 7:56 am

What’s New With Cannabis Stocks for the Week Ending 04/30/21

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  Pro-cannabis legislation advanced in Louisiana and...
- April 30th, 2021 at 5:21 pm