Schultze Special Purpose Acquisition Corp. Announces Non-Binding Letter of Intent for a Business Combination with Clever Leaves, a Leading Pharmaceutical-Grade Multi-National Cannabis Operator -With More than 1.9 Million Square...
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...
You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight 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,...
You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to...
Exclusive Interview with Ethos Cannabis CEO Teddy Scott, Ph.D., J.D. Ethos Cannabis was a relatively unknown player prior to the announcement that it would be acquiring assets from 4Front...
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...
