Ancillary Cannabis Stocks Dip 2.5% in May

Following up on our recent discussion of how cannabis investors have embraced publicly traded ancillary companies, New Cannabis Ventures launched its seventh proprietary index, the Ancillary Cannabis Index at the end of March....
- May 30th, 2021 at 4:26 pm

Cansortium Q1 Revenue Increases 49% to $15.1 Million

Cansortium Reports First Quarter 2021 Financial Results Q1 Revenue up 49% YoY to $15.1 Million; Adjusted EBITDA up Significantly to $4.4 Million Management to Host Conference Call Today at...
- May 28th, 2021 at 4:24 pm

HEXO to Acquire Redecan for $925 Million

HEXO Corp announces acquisition of Redecan to create Canadian market leader in adult-use sales Combined company would hold number one market-share in Canadian recreational cannabis and hold number one...
- May 28th, 2021 at 7:28 am

Cresco Labs Q1 Revenue Increases 169% to $178 Million

Cresco Labs Announces First Quarter 2021 Financial Results Under U.S. GAAP Company reports record revenue of $178 million and expects to reach annualized revenue run-rate of more than $1...
- May 27th, 2021 at 8:05 am

Valens Raises $40 Million Selling Units at $3.30

The Valens Company Announces CDN$40 Million Bought Deal Offering of Units KELOWNA, BC, May 25, 2021 /CNW/ – The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF) (the “Company”, “The...
- May 25th, 2021 at 5:19 pm

HempFusion to Acquire CBD Topicals Maker Sagely Naturals for $25 Million

HempFusion Signs Definitive Agreement to Acquire Leading CBD Brand Sagely Naturals DENVER, May 25, 2021–(BUSINESS WIRE)–HempFusion Wellness Inc. (TSX:CBD.U) (US:CBDHF) (FWB:8OO) (“HempFusion” or the “Company”), a leading health and wellness Company...
- May 25th, 2021 at 7:51 am

4Front Q1 Revenue Increases 82% to $23 Million

4Front Ventures Reports First Quarter 2021 Financial Results and Provides Business Update Q1 2021 Systemwide Pro Forma Revenue of $31.4 million, an increase of 26% over Q4 2020 Q1...
- May 24th, 2021 at 4:24 pm