Cannabis Company News

Organigram Buys Edibles Manufacturer for $22 Million

Organigram Acquires Soft Chew Manufacturer: Edibles & Infusions Corporation, a Cannabis Processor Backed by Decades of Confectionary Experience Positions Organigram to generate significant incremental near-term revenue growth from soft...
- April 6th, 2021 at 6:36 am

Trulieve Pays $60 Million for 3 Philadelphia Medical Cannabis Dispensaries

Trulieve Expands Pennsylvania Footprint with Acquisition of Keystone Shops The acquisition broadens Trulieve’s presence in Pennsylvania with three medical marijuana dispensaries in the Greater Philadelphia area, the most populated region in Pennsylvania TALLAHASSEE, Fla., April 5,...
- April 5th, 2021 at 7:30 am

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