Cannabis Company News

JW Asset to Invest $20 Million in Gage Cannabis Company

Gage Cannabis Announces US$20 Million Reg A+ Commitment from JW Asset Management DETROIT, Dec. 16, 2020 /PRNewswire/ — Gage Cannabis Co. (“Gage” or the “Company”), the leading high-quality craft cannabis brand and operator in Michigan,...
- December 16th, 2020 at 8:31 am

Tilray and Aphria to Combine in Stock-Based Merger

Aphria and Tilray Combine to Create Largest Global Cannabis Company With Pro Forma Revenue of C$874 Million (US$685 Million) Complementary, Scalable Medical and Adult-Use Cannabis Businesses Strengthen Leadership Position...
- December 16th, 2020 at 7:39 am

Auxly Raises $13.8 Million Selling Units at $0.30

Auxly Announces Closing of $13.8 Million Bought-Deal Public Offering, Including Full Exercise of the Over-Allotment Option TORONTO, Dec. 15, 2020 (GLOBE NEWSWIRE) — Auxly Cannabis Group Inc. (“Auxly” or...
- December 15th, 2020 at 9:44 am

Ayr Strategies Boosts Debt Deal to $110 Million

Ayr Strategies Announces Upsizing of Previously Announced 12.5% Senior Secured Notes Offering; Completes Incentive Exercise of Three Million Warrants Total Gross Proceeds in Excess of US$135 Million TORONTO, Dec....
- December 9th, 2020 at 7:01 pm

MedMen Q1 Revenue Sinks 10% from a Year Ago

MedMen Reports First Quarter Fiscal Year 2021 Financial Results First quarter revenue of $35.6 million, up 31% from the previous quarter Gross margin improved from 40% to 47% sequentially...
- December 7th, 2020 at 5:02 pm

Ayr Strategies to Issue $75 Million 4-Year Notes at 12.5%

Ayr Strategies Announces $75 Million Senior Secured Debt Financing 4-Year, 12.5% Notes Contain No Equity Component TORONTO, Dec. 04, 2020 (GLOBE NEWSWIRE) — Ayr Strategies Inc. (CSE: AYR.A, OTCQX: AYRSF)...
- December 4th, 2020 at 8:53 am