Publicly Traded Cannabis Stock News

Ancillary Cannabis Stocks Rally 2.9% in August

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...
- August 31st, 2021 at 5:18 pm

Lowell Farms Raises $18 Million Selling Units at $1.00

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...
- August 31st, 2021 at 7:52 am

Ascend Wellness Borrows $210 Million at 9.5% for Four Years

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...
- August 30th, 2021 at 7:28 am

Planet 13 Triples Revenue in Q2 to $32.8 Million

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...
- August 26th, 2021 at 4:48 pm

SOL Global Invests $20 Million in Michigan Cannabis Operator

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”)...
- August 24th, 2021 at 8:40 am

HEXO Corp Raises $140 Million Selling Units at $2.95

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...
- August 20th, 2021 at 9:13 am

TerrAscend Q2 Revenue Increases 72% to $58.7 Million

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...
- August 19th, 2021 at 8:08 am

MedMen to Raise $100 Million Selling Units at $0.24

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...
- August 17th, 2021 at 4:42 pm

Greenlane Q2 Revenue Increases 7% to $34.5 Million

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...
- August 17th, 2021 at 7:39 am

Glass House Brands Q2 Revenue Increases 62% to $18.7 Million

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...
- August 16th, 2021 at 9:46 pm

Lowell Farms Q2 Revenue Increases 53% to $15.2 Million

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...
- August 16th, 2021 at 5:31 pm