Cannabis Company News

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

Columbia Care Closes $69 Million California Acquisition

Columbia Care Completes Acquisition of Project Cannabis NEW YORK, December 02, 2020–(BUSINESS WIRE)–Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”) announced...
- December 2nd, 2020 at 4:12 pm

American Cannabis Operator Index Soars 40% in November

The American Cannabis Operator Index exploded higher in November, jumping 40.0% to 57.93: After ending 2019 at 43.27, the index has now advanced 32.5% in 2020 and has rebounded 255.4% from an...
- December 1st, 2020 at 8:40 am

4Front Q3 Revenue Increases 25% Sequentially to $12.4 Million

4Front Announces Third Quarter 2020 Results and Business Update Q3 Systemwide Pro Forma Revenue increased 18% quarter-over-quarter to $22.3 million, 170% year-over-year – Company became cash flow positive from...
- November 30th, 2020 at 4:30 pm

Khiron Raises C$14.5 Million in Unit Offering

Khiron Life Sciences Announces Closing of $14.49 Million Bought Deal Financing Including Full Exercise of Over-Allotment Option TORONTO, Nov. 26, 2020 (GLOBE NEWSWIRE) — Khiron Life Sciences Corp. (“Khiron”...
- November 26th, 2020 at 9:11 am