Cannabis Company News

Curaleaf Q2 Revenue Increases 22% sequentially to $117.5 million

Curaleaf Reports Record Second Quarter 2020 Financial and Operational Results Record Second Quarter Pro Forma Revenue(1)(2)of $165.4 Million and Record Second Quarter Managed Revenue(1)of $121.4 Million; Record First Half Managed Revenue(1) of $226.4 Million;...
- August 17th, 2020 at 4:18 pm

Sundial Prices $20 Million Unit Offering at $0.50 Per Share

Sundial Growers Announces Pricing of its US$20 Million Registered Offering CALGARY, AB, Aug. 14, 2020 /PRNewswire/ – Sundial Growers Inc. (NASDAQ: SNDL) (“Sundial” or the “Company”) announced today that...
- August 14th, 2020 at 8:55 am

Trulieve Q2Revenue increases 26% from Q1 to $121 Million

Trulieve Reports Strong Consecutive Growth and Raises Guidance Solid operational results from achieving scale of cultivation and store footprint, provides industry leading free cash flow this quarter TALLAHASSEE, Fla.,...
- August 12th, 2020 at 7:23 am

Acreage Holdings Generates $27.1 Million Revenue in Q2

Acreage Holdings Reports Second Quarter 2020 Results NEW YORK, Aug. 11, 2020 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ) today reported financial results...
- August 11th, 2020 at 6:06 pm

Vireo Closes $37 Million Pennsylvania Asset Sale

Vireo Health Completes Sale of Equity in Pennsylvania Medical Solutions to Jushi Holdings Inc. for Total Consideration of $37 Million Transaction secures Vireo’s financial future without dilutive impacts to...
- August 11th, 2020 at 1:56 pm

Cannabis REIT Q2 Revenue Increases 183% to $24.3 Million

Innovative Industrial Properties Reports Second Quarter 2020 Results Investments Drive 183% Q2 Total Revenues, 322% Q2 Net Income and 263% Q2 AFFO Growth Year-over-Year SAN DIEGO, August 05, 2020–(BUSINESS...
- August 5th, 2020 at 4:49 pm

Supreme Cannabis Restructures $100 Million Convertible Debt

Supreme Cannabis Announces Agreement to Partially Convert and Amend Debentures Supreme Cannabis reduces principal amount to $36.5 million from $100.0 million Extends maturity date on $36.5 million of remaining...
- August 4th, 2020 at 8:39 am