Cannabis Company News

Cannabis Stocks Pause in April

After a 57.4% rebound in Q1, Cannabis stocks, as measured by the Global Cannabis Stock Index, gave up some ground in April, declining 1.5%: The index, which had 64 qualifying...
- May 2nd, 2019 at 6:10 pm

CannTrust Raises $US170 Million Selling Shares at US$5.50

CannTrust Announces Pricing of Public Offering of Common Shares VAUGHAN, ON, May 2, 2019 /PRNewswire/ – CannTrust Holdings Inc. (“CannTrust” or the “Company”, TSX:TRST,NYSE:CTST) announced today the pricing of...
- May 2nd, 2019 at 9:20 am

Leaked Letter Reveals a Leaner MedMen

In a leaked internal memo written earlier today by CEO Adam Bierman to employees at MedMen Enterprises (CSE: MMEN) (OTC: MMNFF) and obtained by New Cannabis Ventures (full letter...
- May 1st, 2019 at 4:22 pm

American Cannabis Stocks Give Up Some Gains in April

The American Cannabis Operator Index paused from its torrid advance during April, declining 4.4% and giving up about half the gains from March: The index, which launched at the end of...
- May 1st, 2019 at 3:44 pm

Vireo Health Generates Q4 Revenue of $5.6 Million

Vireo Health Announces Full Year 2018 Revenues of $18.5 Million with 70% Year-Over-Year Growth Company raised $51.4 million through reverse takeover transaction (RTO) in March Successful closing of five...
- April 30th, 2019 at 7:48 am

VIVO Cannabis Generates Q4 Revenue of $5.8 Million

VIVO Cannabis™ announces significant revenue growth for 2018 2018 gross and net revenue of $13.3 and $9.7 million, respectively 2018 pro-forma gross and net revenue of $22.7 and $17.3 million, respectively, which includes acquired companies...
- April 30th, 2019 at 7:30 am