Cannabis Sales Accelerate in December

A few weeks ago, we expressed concern about a sharp deceleration in cannabis sales during November. After reviewing data from BDSA for December in five mature western markets and...
- February 4th, 2021 at 3:01 pm

Illinois Cannabis Sales Increase 94% in January

Illinois total cannabis sales totaled $121.5 million in January, flat from December and up 94% from a year ago, when the state added adult-use sales: Adult-use sales, according to...
- February 3rd, 2021 at 3:48 pm

GW Pharma to Be Acquired for $220 Per Share

GW Pharmaceuticals plc, Creating an Innovative, High-Growth, Global Biopharma Leader Adds high-growth commercial franchise to Neuroscience portfolio with Epidiolex®, the first and only FDA-approved prescription cannabidiol medicine and a...
- February 3rd, 2021 at 8:08 am

Hawthorne Gardening Q1 Revenue Grows 71% to $309 million

ScottsMiracle-Gro Announces Record First Quarter Results; U.S. Consumer Sales Increase 147%, Hawthorne Sales Rise 71% Company reports first-ever profit for fiscal first quarter Full year sales guidance increased; Non-GAAP...
- February 3rd, 2021 at 7:42 am

Planet 13 Raises C$69 Million Selling Units at C$7

Planet 13 Announces Closing of C$69 Million Bought Deal Public Offering LAS VEGAS, NV / ACCESSWIRE / February 2, 2021 / Planet 13 Holdings Inc. (“Planet 13” or the...
- February 2nd, 2021 at 9:59 am

High Tide Sells Units at C$0.48 to raise C$15 Million

High Tide Announces $15 Million Bought Deal Equity Financing CALGARY, AB, Feb. 1, 2021 /CNW/ – High Tide Inc. (“High Tide” or the “Company”) (TSXV: HITI) (OTCQB: HITIF) (FRA:2LY),...
- February 1st, 2021 at 4:56 pm

Sundial Raises $100 Million with Sale of Units

Sundial Growers Announces US$100 Million Registered Offering CALGARY, AB, Jan. 29, 2021 /PRNewswire/ – Sundial Growers Inc. (Nasdaq: SNDL) (“Sundial” or the “Company”) announced today that it has priced a best efforts underwritten...
- January 29th, 2021 at 7:14 am

TerrAscend Closes C$224 Million Capital Raise

TerrAscend Announces Closing of Oversubscribed Non-Brokered Private Placement Gross Proceeds of C$224 Million, 80% coming from four large U.S. Institutional investors Announces Departure of Co-Founder and former CEO Dr....
- January 28th, 2021 at 5:03 pm

Agrify Raises $54 Million in NASDAQ IPO

BURLINGTON, Mass., Jan. 27, 2021 (GLOBE NEWSWIRE) — Agrify Corporation (NasdaqCM:AGFY) (“Agrify” or the “Company”), a developer of highly advanced and proprietary precision hardware and software grow solutions for...
- January 28th, 2021 at 1:59 pm