Publicly Traded Cannabis Stock News
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...
Innovative Industrial Properties Upsizes and Prices Public Offering of Common Stock SAN DIEGO-May 27, 2020-(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR) announced today the upsize and pricing...
Tilray® Announces Optimization Plan for Adult-Use Facilities in Canada Company to close High Park Gardens, licensed cannabis greenhouse located in Leamington, Ontario Facility closure expected to yield $7.5 million...
Exclusive Interview with Vireo Health CEO Dr. Kyle Kingsley Multi-state operator Vireo Health (CNSX: VREO) (OTCQX: VREOF) realigned its strategy to focus on six core U.S. markets: Arizona, Maryland,...
Ayr Strategies Reports First Quarter 2020 Financial Results Q1 Revenue Increased to $33.6 Million Despite COVID-19 Challenges in March Generated $7.4 Million Cash from Operations, Increasing Cash on Balance...
The Green Organic Dutchman Announces $15 Million Bought Deal Public Offering Plus Over-Allotment Option TORONTO, May 20, 2020 /CNW/ – The Green Organic Dutchman Holdings Ltd. (the “Company” or...
Aurora Cannabis to Strategically Enter the United States with Acquisition of Reliva, LLC A Market Leading Mass Retail CBD Platform All Share Transaction – Immediately Accretive to Shareholders on...
Harvest Health & Recreation Inc. Reports First Quarter 2020 Financial Results First quarter revenue was $45.0 million, up 134% from the first quarter 2019 and 19% sequentially Cost cutting...
Green Growth Brands Obtains Initial Order Under Companies’ Creditors Arrangement Act COLUMBUS, Ohio, May 20, 2020 (GLOBE NEWSWIRE) — Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) announced today...
Trulieve Reports Strong Operational Results and Record Revenue in the First Quarter of 2020 Market leading presence in Florida fueled record revenue growth TALLAHASSEE, FL, May 20, 2020 /CNW/...
Trichome Financial To Acquire James E. Wagner Through Restructuring Process Premium indoor cannabis cultivation assets acquired free of all liabilities Trichome estimates pro-forma forward twelve-month EBITDA of $10 million...
Hexo Corp. Announces C$50 Million Underwritten Public Offering OTTAWA, May 19, 2020 /CNW/ – HEXO Corp. (“HEXO”, or the “Company”) (TSX: HEXO; NYSE: HEXO) today announced the pricing of...
TerrAscend Announces US$30 Million Non-Brokered Private Placement with Indicative Lead Orders of Approximately US$28 Million CAPEX fully funded to complete all planned strategic growth projects NEW YORK and TORONTO, May 19, 2020 /CNW/...
Curaleaf Reports Record First Quarter 2020 Financial and Operational Results Reported Record Pro Forma Revenue(1)(2) of $147.4 Million and Managed Revenue(1) of $105.0 Million; Generated $20.0 Million of Record...
