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”...
HEXO Corp. reports third quarter fiscal 2020 financial results; Net Revenue Up 30% to $22.1 Million, Improved Operational Performance Key Operating Highlights Gross Revenue increased 30% to $30.9M from...
Exclusive Interview with Aleafia CEO Geoffrey Benic Aleafia Health (TSX: AH) (OTC: ALEAF) has built a health and wellness ecosystem that includes cultivation, processing, delivery, a network of clinics...
Organigram and Canndoc Sign International Strategic Agreement Organigram to supply Israeli leader Canndoc with up to 6,000kg of dried flower in multi-year strategic agreement; Organigram’s largest international deal to...
Schwazze, Formerly Operating as Medicine Man Technologies, Inc., Announces Definitive Acquisition Agreements for Star Buds’ Colorado Locations Company Files Change of Ownership for Successful Retail Cannabis Operator; Transactions Expected...
MediPharm Labs Closes $37.8 Million Private Placement TORONTO, June 08, 2020 (GLOBE NEWSWIRE) — MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE:MLZ) (“MediPharm Labs” or the “Company”) a global leader in specialized,...
New Jersey’s medical cannabis program remains in its infancy due to a very slow start, but the state, with a population of 8.9 million, has recently added additional licenses...
Exclusive Interview with Green Thumb Industries Chief Strategy Officer Jennifer Dooley Multi-state operator Green Thumb Industries (CSE: GTII) (OTCQX: GTBIF) started five years ago with the plan to establish...
Alcanna Inc. Announces $27.6 Million Secondary Bought Deal Offering by Aurora Cannabis Inc. EDMONTON, AB, June 3, 2020 /CNW/ – Alcanna Inc. (the “Company”) (TSX: CLIQ) and Aurora Cannabis Inc. (“Aurora”) (NYSE: ACB)...
The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis stocks that generate industry sales of more than US$7.5 million per...
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...
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...
Schultze Special Purpose Acquisition Corp. Announces Non-Binding Letter of Intent for a Business Combination with Clever Leaves, a Leading Pharmaceutical-Grade Multi-National Cannabis Operator -With More than 1.9 Million Square...
Acreage Enters Into Two Definitive Funding Agreements for up to $60 Million Gross Proceeds NEW YORK, June 01, 2020 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage” or the “Company”)...
The Valens Company Enters into $40 Million Debt Facility KELOWNA, BC, June 1, 2020 /PRNewswire/ –Valens GroWorks Corp. (TSX: VLNS) (OTCQX: VLNCF) (the “Company” or “The Valens Company”), a global leader in the end-to-end development...
Canadian licensed producers, after twelve consecutive monthly declines through March, posted their second straight gain during May, with the Canadian Cannabis LP Index rising 20.2% to 319.23, far surpassing the performance...
Following twelve consecutive monthly declines and then a modest gain in April, the American Cannabis Operator Index extended its rally off of its all-time low set in March, increasing 34.7% to...
Canopy Growth Reports Full Year and 4th Quarter Fiscal 2020 Financial Results; Provides Strategic Review Update Generated Net Revenue of $399 million in FY 2020, up 76% over FY...
Maintains available undrawn capacity of up to $30 million on term loan and $25 million revolving credit facility MONCTON, New Brunswick, May 29, 2020–(BUSINESS WIRE)–Organigram Holdings Inc. (NASDAQ: OGI)...
TerrAscend Reports First Quarter Net Sales of $34.8 Million and Adjusted EBITDA of $4.9 Million Net sales increased 34% quarter-over-quarter and 139% year-over-year Adjusted EBITDA of $4.9 million U.S....
Cresco Labs Q1 Revenue Grows 29% Pro Forma from Q4 to $66.4 Million Record revenue of $66.4 million in Q1’20, 60% growth over Q4’19 revenue, 26% growth on the...
Following up on the theme we discussed in this weekend’s newsletter regarding our view that a “third wave” in cannabis investing has commenced, we published an extensive review of...
WEST PALM BEACH, Fla., May 28, 2020 /PRNewswire/ — Advanced Flower Capital Management, LLC (“AFC”) announced today that an affiliate of the company has arranged for a $42 million...
MedMen Reports Third Quarter Fiscal 2020 Financial Results – Designated News Release Third quarter revenue of $45.9 million, up 41% year over year Corporate SG&A decreased by 35% sequentially...
Exclusive Interview with Columbia Care Co-Founder, CEO and Director Nicholas Vita Columbia Care (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) is licensed in 18 U.S. states and has operations in...