Cannabis Company News

Zenabis Raises C$20.5 Million Selling Units at C$0.13

Zenabis Announces Pricing of Public Offering of Units and Upsizing of the Offering to $20,493,704 million VANCOUVER, BC, June 19, 2020 /CNW/ – Zenabis Global Inc. (TSX:ZENA) (“Zenabis” or...
- June 19th, 2020 at 10:10 am

Charlotte’s Web Closes Upsized C$77.6 Million Equity Offering

Charlotte’s Web Closes C$77,625,000 Underwritten Public Offering BOULDER, Colo., June 18, 2020 /CNW/ – Charlotte’s Web Holdings, Inc. (“Charlotte’s Web”, or the “Company”) (TSX: CWEB) (OTCQX: CWBHF), the market...
- June 18th, 2020 at 9:17 am

MediPharm Labs Q1 Revenue Plunges 50% to $11.1 Million

MediPharm Labs Reports First Quarter 2020 Results, Clears Path for International Growth BARRIE, Ontario, June 18, 2020 (GLOBE NEWSWIRE) — MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE: MLZ)...
- June 18th, 2020 at 6:59 am

Charlotte’s Web Prices C$67.5 Million Unit Offering at C$6.75

Charlotte’s Web Announces C$67,500,000 Underwritten Public Offering BOULDER, Colo., June 16, 2020 /CNW/ – Charlotte’s Web Holdings, Inc. (“Charlotte’s Web”, or the “Company”) (TSX: CWEB) (OTCQX: CWBHF), the market...
- June 16th, 2020 at 9:15 am

Vireo Health Q1 Revenue Increases 110% to $12.1 Million

Vireo Health Announces First Quarter 2020 Financial Results First-quarter revenue of $12.1 million increased 34% sequentially and 110% year-over-year  Minimal capex requirements position Company for stronger second half compared...
- June 16th, 2020 at 7:25 am

Charlotte’s Web Acquires Abacus Health Products

America’s Largest Vertically Integrated CBD Company Now Has Distribution Through More Than 21,000 Unique Retail Doors BOULDER, Colo., June 11, 2020 /CNW/ – Charlotte’s Web Holdings, Inc. (“Charlotte’s Web”...
- June 11th, 2020 at 10:58 am

Pandemic Pauses Planet 13 Growth in Q1

Planet 13 Announces First Quarter 2020 Financial Results Q1 2020 Revenue of $16.8 million; EBITDA of $2.5 million SuperStore accounted for 10.1% of all Nevada cannabis dispensary revenue in...
- June 1st, 2020 at 5:03 pm

Global Cannabis Stock Index Constituents Gain 27% in May

Cannabis stocks accelerated their rally in May, with the Global Cannabis Stock Index gaining 27.0% to 32.52: The index, which had 35 qualifying members during the month following the quarterly rebalancing...
- June 1st, 2020 at 1:13 pm