The Global Cannabis Stock Slide Accelerated in March

Already down sharply through February, the Global Cannabis Stock Index extended its losses with a 24.9% decline during March, ending at 23.58 despite a bounce from record lows mid-month: The index,...
- April 1st, 2020 at 11:45 am

Tilray to Allow Early Release of 11 Million Locked-Up Shares

Tilray, Inc. Releases 11 Million Shares From Lock-Up Agreement NANAIMO, British Columbia, March 31, 2020-(BUSINESS WIRE)–Tilray, Inc. (NASDAQ: TLRY) (“Tilray”), a global pioneer in cannabis production, research, cultivation and...
- March 31st, 2020 at 8:37 am

Cronos Group Q4 Revenue Sinks to $7.3 Million

Cronos Group Reports 2019 Fourth Quarter and Full-Year Results Completed Audit Committee Review and Restated Certain 2019 Unaudited Interim Financial Statements Expanded Canadian distribution to new provinces and product...
- March 30th, 2020 at 4:34 pm

HEXO Corp Takes $266 Million Impairment Charges

HEXO Corp reports second quarter fiscal 2020 financial results Key Operating Highlights Net Revenue increased 17% to $17.0M from $14.5M in Q1 Adult-use grams and gram equivalents sold increased...
- March 30th, 2020 at 8:07 am

MediPharm Labs Generates $32 Million Revenue in Q4

MediPharm Labs Reports Fourth Quarter and Full Year 2019 Results 2019 Revenue $129 Million, Adjusted EBITDA1 $25 Million Q4 2019 Revenue $32 Million, Adjusted EBITDA1 $3 Million Year-end Cash and Equivalents...
- March 30th, 2020 at 7:40 am

Cannabis Investors Should Welcome This Change

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...
- March 29th, 2020 at 10:55 am

GTI Q4 Revenue Grows 265% to $75.8 Million

Green Thumb Industries (GTI) Announces Fourth Quarter Revenue of $75.8 Million and Fourth Quarter Adjusted Operating EBITDA of $14.4 Million Full year revenue of $216.4 million Delivers on new...
- March 26th, 2020 at 4:26 pm

Harvest Health and Verano Holdings Abandon Cannabis Merger Plans

Harvest and Verano Announce Mutual Termination of Business Combination Agreement PHOENIX, March 26, 2020 /PRNewswire/ — Today Harvest Health & Recreation Inc. (CSE: HARV,OTCQX:HRVSF) (“Harvest”) and Verano Holdings, LLC...
- March 26th, 2020 at 9:17 am

Curaleaf Q4 Revenue Increases 136% to $74.5 Million

Curaleaf Reports Record Fourth Quarter and Fiscal Year End 2019 Financial and Operational Results Generated Record Fiscal Year 2019 Managed Revenue of $250.6 Million and Record Adjusted EBITDA(1) of...
- March 24th, 2020 at 4:23 pm

Charlotte’s Web Q4 Revenue increases 6% to $22.8 million

Charlotte’s Web 2019 Q4 and Year-End Results BOULDER, CO, March 24, 2020 /PRNewswire/ – (TSX:CWEB,OTCQX:CWBHF), Charlotte’s Web Holdings, Inc. (“Charlotte’s Web” or the “Company”) the market share leader in full spectrum cannabidiol (CBD)...
- March 24th, 2020 at 7:41 am