Verano Borrows $120 Million at 8.5%

Verano Upsizes Credit Agreement to US$250 Million at 8.50% With an Additional US$100 Million Option Adds substantial, non-dilutive capital to the Company’s balance sheet, further buttressing its strong cash...
- October 20th, 2021 at 8:53 am

HEXO CEO Departs

HEXO Announces Strategic Executive Changes OTTAWA, Oct. 18, 2021 (GLOBE NEWSWIRE) — HEXO Corp. (“HEXO” or the “Company”) (TSX: HEXO; NASDAQ: HEXO) today announced the departure of Sebastien St-Louis,...
- October 18th, 2021 at 7:36 am

This Cannabis Acquisition Strategy Is Riddled With Risk

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...
- October 17th, 2021 at 10:50 am

California Cannabis Company Claybourne Raises $17.5 Million

Claybourne Co. Announces $17.5 Million Over-Subscribed Capital Raise RIVERSIDE, CA, October 15, 2021 — Claybourne Industries Inc. (“Claybourne Co.”) one of California’s leading cannabis brands by retail sales, today...
- October 15th, 2021 at 12:13 pm

Cresco to Acquire Pennsylvania Operator Laurel Harvest for $80 Million

Cresco Labs to Expand Leadership in Pennsylvania Through Acquisition of Vertically Integrated Operator, Laurel Harvest CHICAGO, October 14, 2021–(BUSINESS WIRE)–Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco Labs” or “the Company”), a vertically...
- October 14th, 2021 at 8:00 am

Valens Q3 Revenue Increases 16% to C$21 Million

The Valens Company Reports Financial Results for The Third Quarter of Fiscal 2021 Provincial sales net revenue increased 20.0% quarter over quarter supported by a 76.5% quarter over quarter...
- October 13th, 2021 at 5:56 pm

Cannabis Technology Company Flowhub Raises $19 Million

Flowhub Announces $19 Million Strategic Funding Led by Headline, Poseidon and Shawn “Jay-Z” Carter New Fundraise Brings the Cannatech Company’s Valuation to Over $200M DENVER, Oct. 12, 2021 /CNW/...
- October 12th, 2021 at 10:09 am