Cannabis Company News

Canadian Cannabis Companies Advance 41% in Q1

The Canadian Cannabis LP Index pulled back slightly in March after a strong first two months to begin the year, declining 6.3% to 388.44: The index, which rallied 22.1% in Q4...
- March 31st, 2021 at 4:41 pm

Ayr Wellness Closes $17 Million Ohio Cultivation Acquisition

Ayr Wellness Closes Acquisition for Parma Wellness Center, LLC Management TORONTO, Ontario, March 30, 2021 (GLOBE NEWSWIRE) — Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“Ayr,” “Ayr Wellness,” “we,”...
- March 30th, 2021 at 5:09 pm

GTEC Raises $23 Million Selling Units at $0.80

GTEC Announces Closing of $23 Million Bought Deal Public Offering of Units Kelowna, BC, March 30, 2021 (GLOBE NEWSWIRE) — GTEC Holdings Ltd. d/b/a GTEC Cannabis Co. (TSXV:GTEC) (OTCQB:...
- March 30th, 2021 at 9:28 am

Cresco Labs Q4 Revenue Increases 292% to $162 Million

Cresco Labs Announces Fourth Quarter & Full Year 2020 Results with Record Revenue, Adjusted EBITDA1 and Operating Cash Flow Company affirms position as the largest wholesaler of branded products in...
- March 25th, 2021 at 8:13 am

Charlotte’s Web Q4 Revenue Increases 18% to $26.9 Million

Charlotte’s Web Holdings Reports Q4-2020 Results Quarterly growth and market share gains BOULDER, Colo., March 25, 2021 /PRNewswire/ – (TSX: CWEB) (OTCQX: CWBHF), Charlotte’s Web Holdings, Inc. (“Charlotte’s Web”...
- March 25th, 2021 at 6:53 am

MariMed Q4 Revenue Increases 290% to $20.4 Million

MariMed Reports Record Fourth Quarter and Full Year 2020 Financial Results and Provides Full Year 2021 Guidance Achieves Record Results Driven by Continued Consolidation of Cannabis Operations Core Cannabis...
- March 24th, 2021 at 6:34 am

Ayr Wellness Completes $75 Million Arizona Acquisition

Ayr Wellness Closes Acquisition of Blue Camo LLC Arizona Becomes Fifth State in Company’s Footprint TORONTO, March 23, 2021 (GLOBE NEWSWIRE) — Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF)...
- March 23rd, 2021 at 4:51 pm

Harborside Secures $12 Million Revolving Credit Facility

First Commercial Bank Lending Deal of its Kind For a U.S. Cannabis Company OAKLAND, Calif., March 23, 2021 /PRNewswire/ – Harborside Inc. (“Harborside” or the “Company”) (CSE: HBOR) (OTCQX:...
- March 23rd, 2021 at 7:29 am

Jason Wild to Lead TerrAscend as Executive Chairman

TerrAscend Announces Management and Board Changes — Jason Ackerman Stepping Down as CEO and Executive Chairman — Jason Wild, Current Chairman of the Board, to Assume Role of Executive...
- March 23rd, 2021 at 6:38 am