Cannabis Company News

SOL Global to Enter California with $137 Million Acquisition

SOL Global Adds California to Its MSO Portfolio with Proposed Acquisition of Premiere Cultivation, Processing, and Dispensary Companies SOL Global to Acquire Northern Emeralds and One Plant-Branded Dispensaries The...
- May 16th, 2019 at 9:32 am

Supreme Cannabis to Buy BlissCo for $48 Million in Stock

Supreme Cannabis to Acquire Premium Wellness Cannabis Company Blissco Blissco to complement Supreme Cannabis growing brand portfolio and accelerate its growth as a premium wellness-focused cannabis company. Share-based acquisition...
- May 16th, 2019 at 9:05 am

Aurora Cannabis Q3 Revenue Increases 305% to $65 Million

Aurora Cannabis Announces Financial Results for the Third Quarter of Fiscal 2019 Solid Net Revenue Growth Across All Channels to $65.1 Million Production Volumes Double While Per-Unit Production Costs...
- May 14th, 2019 at 7:39 pm

iAnthus Introduces “Be.” National Retail Cannabis Brand

iAnthus Unveils Rollout of National Retail Brand at Canaccord Genuity Cannabis Conference NEW YORK and TORONTO, May 14, 2019 /PRNewswire/ – iAnthus Capital Holdings, Inc. (“iAnthus” or the “Company”)...
- May 14th, 2019 at 5:42 pm

Tilray Q1 Cannabis Sales Increase 124% to $17.5 Million

Tilray, Inc. Reports First Quarter 2019 Financial Results Revenue Rises 195.1% to $23.0 (C$31.0) Million in the First Quarter; Company closes two acquisitions: Manitoba Harvest and Natura Naturals NANAIMO,...
- May 14th, 2019 at 4:31 pm

Indus Holdings to Acquire W Vapes for $20 Million

Indus Holdings, Inc. Expands Operations Into Nevada And Oregon California cannabis leader set for tremendous growth after acquiring facilities in neighboring states SALINAS, Calif., May 14, 2019 /PRNewswire/ — Indus Holdings, Inc. (“Indus”)...
- May 14th, 2019 at 7:33 am

CannTrust Q1 Sales Increase 115% to $16.9 Million

CannTrust Reports Financial Results for Q1 2019 VAUGHAN, ON, May 14, 2019 /PRNewswire/ – CannTrust Holdings Inc. (“CannTrust” or the “Company”, TSX:TRST,NYSE:CTST) today released its financial results for the first quarter...
- May 14th, 2019 at 7:25 am

Good Buds Obtains First Canadian Outdoor Grow License

Good Buds Awarded Outdoor Cultivation License Good Buds is Leading the Way to Reduce Both Growing Costs and Carbon Footprint Salt Spring Island, British Columbia–(Newsfile Corp. – May 13,...
- May 13th, 2019 at 8:29 am

4Front Secures $50M Loan to Fund Real Estate-Related Development

4Front to use strengthened balance sheet to expand and develop its production capacity PHOENIX, May 10, 2019 /PRNewswire/ — 4Front Holdings, LLC (“4Front”), a diversified operator of strategically aligned cannabis-related businesses, including cultivation,...
- May 10th, 2019 at 8:49 am

Halo Labs Q1 Revenue Increases 302% to $8.7 Million

Halo Labs Reports Record Q1 2019 Revenue of US $8.7MM: US Cannabis Extraction Specialist Revenue up ~190% from Q4 2018 TORONTO, May 09, 2019 — (Business Wire) — Halo Labs...
- May 10th, 2019 at 5:49 am

Cronos Group Q1 Revenue Increases 120% to $6.5 Million

Cronos Group Inc. Announces First Quarter 2019 Results Cronos Group Closes C$2.4 Billion Strategic Investment from Altria Group Cronos Group Establishes Cronos Device Labs, a State-of-the-Art Vaporizer R&D Initiative...
- May 9th, 2019 at 7:49 am

Charlotte’s Web Pre-Announces Q1 Revenue at $21-22 Million

Charlotte’s Web Holdings, Inc. Reports Preliminary 2019 Q1 Results, Surpasses 6,000 Retail Doors, Maintains 2019 Revenue Guidance BOULDER, CO, May 8, 2019 /PRNewswire/ – Charlotte’s Web Holdings, Inc. (“Charlotte’s...
- May 8th, 2019 at 10:39 pm