Publicly Traded Cannabis Stock News
Following up on our recent discussion of how cannabis investors have embraced publicly traded ancillary companies, New Cannabis Ventures launched its seventh proprietary index, the Ancillary Cannabis Index, at the end of...
The American Cannabis Operator Index fell for the sixth straight month after having scored five straight monthly gains, declining 10.7% to 56.00: After gaining 45.7% in 2020, when it ended at...
AFC Gamma Provides BeLeaf Medical, LLC With $23 Million Senior Secured Credit Facility to Fund Its Missouri Expansion Represents AFC Gamma’s Second Transaction in Missouri’s Growing Medical Cannabis Market...
The Valens Company to Acquire Leading, Premium Craft Licensed Producer, Citizen Stash Cannabis Corp. Accretive acquisition strategically accelerates Valens’ entry into the approximately $2.7 billion flower-based market through an asset-light...
Lowell Farms Inc. Announces Closing of US$18 Million Equity Private Placement SALINAS, Calif., Aug. 31, 2021 (GLOBE NEWSWIRE) — Lowell Farms Inc. (the “Company”) (CSE: LOWL; OTCQX: LOWLF), a...
Harborside Inc. Reports Second Quarter 2021 Financial Results Second Quarter 2021 Gross Revenues Increase 25% Sequentially to $16.2 Million; Reports 6th Consecutive Quarter of Positive EBITDA¹ OAKLAND, Calif. and...
HEXO Announces Closing of Redecan Transaction OTTAWA, Aug. 30, 2021 (GLOBE NEWSWIRE) — HEXO Corp (“HEXO” or the “Company”) (TSX: HEXO; NASDAQ: HEXO) is pleased to announce completion of...
Ascend Wellness Holdings Announces US$210 Million Senior Debt Financing Four-Year Term Bears Interest at 9.5% Refinances Existing Debt Lowering Cost of Capital Strengthens Balance Sheet to Support Investment Towards...
Planet 13 Announces Q2 2021 Financial Results Q2 2021 Revenue of $32.8 million, up 205% compared to Q2, 2020 Q2 2021 Adjusted EBITDA of $7.2 million All figures are...
Hollister Biosciences Inc. Reports Q2 2021 Financial Results including USD $17.6 million revenue, and USD $3.2 million of Adjusted EBITDA Q2 revenue was USD $17.6 million compared to USD $8.5 million in the...
Jushi Holdings Inc. Reports Second Quarter 2021 Financial Results Second Quarter 2021 Revenue Increases 14.6% to $47.7 million as Compared to the First Quarter 2021 Net Income of $4.8...
Cansortium Reports Second Quarter 2021 Financial Results Q2 Revenue up 24% YoY to $16.5 Million; Adjusted EBITDA up ~2x to $5.2 Million Management to Host Conference Call Tomorrow at...
TILT Holdings Reports Record Second Quarter 2021 Financial Results Record Q2 Revenue up 33% YoY to $48.5 Million Record Q2 Adjusted EBITDA up 2.7x to $6.5 Million Reiterates 2021...
SOL Global Jumps Into Michigan Cannabis Market with $20 Million Investment In Common C Holdings LP TORONTO, August 24, 2021–(BUSINESS WIRE)–SOL Global Investments Corp. (“SOL Global” or the “Company”)...
Gage Growth Corp. Announces Record Second Quarter 2021 Results and Provides Business Update Record Q2 2021 revenue of $26.4 million, an increase of 130.2% YoY and 49.9% quarter over quarter...
Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary NJ introduced initial rules for adult-use....
HEXO Corp. Announces US$140 Million Public Offering OTTAWA, Aug. 20, 2021 (GLOBE NEWSWIRE) — HEXO Corp (“HEXO” or the “Company”) (TSX: HEXO; NYSE: HEXO) today announced the pricing of...
TerrAscend Reports Second Quarter Net Sales of $58.7 Million, Adjusted EBITDA1 of $24.3 Million and Adjusted EBITDA1 Margin of 41% Signs agreements to be the sole cultivator and manufacturer...
MedMen Announces Backstopped US$100M Equity Investment Led by Serruya Private Equity to Fund Expansion and Transform Balance Sheet LOS ANGELES, August 17, 2021–(BUSINESS WIRE)–MedMen Enterprises Inc. (“MedMen” or the...
Tilray Acquires Majority Position in Amended MedMen Convertible Notes Investment Provides Tilray a Potential Accelerated Path into U.S. Cannabis Market Upon Federal Legalization Amendment and Extension of Convertible Notes...
Greenlane Reports Q2 2021 Revenue of $34.7 million and Record Core Revenue of $34.5 Million BOCA RATON, Fla., Aug. 17, 2021 (GLOBE NEWSWIRE) — Greenlane Holdings, Inc. (“Greenlane” or...
Glass House Brands Reports Second Quarter 2021 Financial Results –Net Revenue Increased 62% Year-over-Year –Generates Sustained Positive Adjusted EBITDA –Conference Call to be Held August 17, 2021 at 8:00...
Ayr Wellness Reports Second Quarter 2021 Results Q2 Revenue up 222% Y/Y to $91.3 Million, up 56% sequentially Q2 Adjusted EBITDA of $27.4 million on a US GAAP basis,...
Lowell Farms Inc. Announces Record Revenues and Record Cultivation Output for the Second Quarter Lowell Reports 37% sequential growth in revenue driven by large cultivation yields advances and strong...
Schwazze Announces Second Quarter Results Revenue Increases 467% to $30.7 Million Compared to $5.4 Million in Q1 2020 Adjusted EBITDA is $10.0 Million, 32.6% of Revenue On Track to...