American Cannabis Operators Index Slips 4% in April

The American Cannabis Operator Index fell for the second straight month after having scored five straight monthly gains, declining 4.1% to 79.66: After gaining 45.7% in 2020, when it ended at...
- May 3rd, 2021 at 7:56 am

New Cannabis Ventures Introduces Ancillary Stock Index

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...
- May 2nd, 2021 at 7:01 pm

What’s New With Cannabis Stocks for the Week Ending 04/30/21

Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary  Pro-cannabis legislation advanced in Louisiana and...
- April 30th, 2021 at 5:21 pm

Cansortium Borrows $71 Million for Four Years at 13%

Cansortium Completes $71 Million Debt Financing Debt Maturities Extended to April 2025 Additional Liquidity Significantly Strengthens Balance Sheet Proceeds to Fund Expansion in Florida, Pennsylvania and Michigan MIAMI, April...
- April 30th, 2021 at 8:43 am

Hydrofarm Raises $269.3 Million Selling Shares at $59

Hydrofarm Holdings Group Announces Pricing of Upsized Public Offering of Common Stock FAIRLESS HILLS, Pa., April 28, 2021 (GLOBE NEWSWIRE) — Hydrofarm Holdings Group, Inc. (“Hydrofarm” or the “Company”)...
- April 28th, 2021 at 9:57 pm

Ascend Wellness Raises $80 Million in IPO

AWH Announces Pricing of Initial Public Offering NEW YORK, April 28, 2021 /CNW/ – Ascend Wellness Holdings, Inc. (“AWH” or the “Company”), a multi-state, vertically integrated cannabis operator, today...
- April 28th, 2021 at 8:01 pm

Canadian Cannabis Sales Grow 74% in February to $263 Million

Statistics Canada released February retail sales for the country this morning, with cannabis sales growth decreasing sequentially. Sales of C$263 fell 5.9% from January (three fewer days), which had declined ...
- April 28th, 2021 at 8:46 am

Fire & Flower Q4 Revenue Increases 157% to $43.2 Million

Fire & Flower Announces Record 2020 Fiscal and Fourth Quarter Financial and Operational Results Strong execution by Canada’s largest cannabis retailer leads to $128.1 million in annual revenue, an...
- April 27th, 2021 at 6:53 am