Capital

  • Aurora Cannabis

Aurora Cannabis Delisted From Toronto Stock Exchange

TORONTO: According to the most recent quarterly review made public by S&P Dow Jones Indices, Aurora Cannabis, based in Edmonton, Alberta, has been eliminated from the S&P/TSX Composite Index. The main indicator for Canadian firms that are listed on the Toronto Stock Exchange is the S&P/TSX Composite. According to a news release from S&P Dow ...

September 22nd, 2022|
  • Aurora Cannabis

Aurora Cannabis Announces Fiscal 2022 Fourth Quarter and Full Year Results

EDMONTON, AB - Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, today announced its financial and operational results for the fourth quarter and fiscal year ended June 30, 2022. "We continue to enhance the long-term value of our differentiated global cannabis business by quickly identifying highly profitable ...

September 20th, 2022|

Cannabis Market worth $82.3 billion by 2027 – Exclusive Report by MarketsandMarkets™

CHICAGO, Sept. 15, 2022 The Cannabis Market size is estimated to be valued at USD 27.7 billion in 2022 and is projected to reach USD 82.3 billion by 2027, recording a CAGR of 24.3% in terms of value from 2022 to 2027, according to a new report by MarketsandMarkets™. The medical segment sees demand for treating anxiety and pain management Medical segment also ...

September 15th, 2022|

Glass House Brands Closes Morro Bay Natural Healing Center Dispensary Acquisition

LONG BEACH, CA and TORONTO, Sept. 15, 2022  Glass House Brands Inc. today announced that all local regulatory approvals have been granted for Glass House's acquisition of the Natural Healing Center (NHC) dispensary located in Morro Bay, California, and that the transaction has officially closed. Consolidation of the financial results of the Morro Bay store ...

September 15th, 2022|

Cannabis Seeds Market to Accrue $6.5 Bn, Globally, by 2031 at 18.4% CAGR: Allied Market Research

PORTLAND, Ore., Sept. 9, 2022  Allied Market Research recently published a report, titled, "Cannabis Seeds Market by Nature (Organic, Conventional), by Type (Feminized seeds, Regular seeds, Autoflowering seeds), by Distribution Channel (Specialty stores, Wholesalers and distributors, Online sales channel): Global Opportunity Analysis and Industry Forecast, 2021-2031." As per the report, the global cannabis seeds industry was ...

September 9th, 2022|

Vertically Integrated Cannabis Company, The Nirvana Group, Expands into New Mexico

ALBUQUERQUE, N.M., Sept. 7, 2022  The Nirvana Group is joining New Mexico's surging licensed cannabis market: The Nirvana Group, premier seed to sale cannabis company founded in Tulsa, OK, will make its debut this fall, opening a 30,000-square-foot manufacturing facility in Albuquerque with a targeted opened by end of September to produce house and partner brands, including innovative ...

September 7th, 2022|
  • Halo Collective Inc,

Halo Collective and Alpha Blue Ocean Agree to Early Termination of Loan and Convertible Debentures Agreements

TORONTO - Halo Collective Inc. (NEO: HALO) (OTCQB: HCANF) (Germany: A9KN) announced that it has entered into a termination agreement mutually agreed with Global Tech Opportunities 6, an investment fund managed by Alpha Blue Ocean, pursuant to which, among other things, the Company and GTO have agreed to effect amendments to certain previously issued convertible ...

September 7th, 2022|

Glass House Brands Closes Initial Tranche of Non-Brokered Private Placement of Equity Securities

LONG BEACH, Calif. and TORONTO, Sept. 1, 2022 /CNW/ - Glass House Brands Inc. Today announced the closing of the first tranche of the previously announced non-brokered private placement (the "Offering") of Series B Preferred Stock, face value US$1,000 per share of GH Group, Inc.  a subsidiary of the Company. The initial closing of the ...

September 1st, 2022|
  • Jushi Holdings Inc.

Jushi Holdings Inc. Reports Second Quarter 2022 Financial Results

BOCA RATON, Fla. - Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), a multi-state cannabis operator, announced its financial results for the second quarter 2022 ended June 30, 2022. The Company became a U.S. reporting company effective August 12, 2022. All financial information is provided in U.S. dollars unless otherwise indicated and are prepared under U.S. ...

August 29th, 2022|

Franchise Global Reports Second Quarter 2022 Financial Results; Revenues Increased by $13.1 Million YoY to $13.5 Million

  VANCOUVER, BC, Aug. 26, 2022 Clifford Starke, Executive Chairman and Chief Executive Officer of Franchise Global, stated, "The Company's German reportable segment continued its momentum in the quarter. Our results reflect the stability of our pharmaceutical business during a period of market volatility." Mr. Starke continued, "We exited the quarter with total liquidity of $4.4 million, ...

August 26th, 2022|
  • Financial result - cannabis 03

StateHouse Holdings Inc. Reports Second Quarter 2022 Financial Results

SAN DIEGO and TORONTO - StateHouse Holdings Inc.(CSE: STHZ) (OTCQX: STHZF), a California-focused, cannabis enterprise, announced its financial results for the three and six months ended June 30, 2022, and provided additional business updates. The unaudited condensed interim consolidated financial statements for Q2 2022 and corresponding management's discussion and analysis are available for download from ...

August 26th, 2022|

Abaca and Pacific Valley Bank Partner to Expand California Cannabis Banking Options

SALINAS, Calif., Aug. 25, 2022 Abaca, an industry-recognized financial platform for cannabis operators, and Pacific Valley Bank, are partnering to expand access to cannabis banking in the California market. For the first time since the state legalized medical marijuana 26 years ago, legal operators in the industry have access to the powerful combination: a bank ...

August 25th, 2022|

Canadian Cannabis retailer SNDL Acquires Valens in $138MM Deal

CALGARY, AB and KELOWNA, BC- SNDL Inc. (Nasdaq: SNDL). and The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS) announce today that they have entered into an arrangement agreement  to combine their businesses and create a leading vertically integrated cannabis platform. Pursuant to the terms of the Agreement, SNDL will acquire all of the issued and ...

August 22nd, 2022|

Cannabis Retailer High Tide Inks CA$19MM Credit Agreement

TORONTO- High Tide, a cannabis retailer, inks a reduced CA$19 million credit agreement. Canadian cannabis retail firm High Tide obtained a $14.7 million credit line from ConnectFirst, an Alberta credit union, for 19 million Canadian dollars. High Tide initially announced the non-dilutive funding in April with a CA$30 million initial value. High Tide later clarified ...

August 18th, 2022|
  • Financial Result

Ayr Wellness Reports Second Quarter 2022 Results

MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator (“MSO”), is reporting financial results for the three months ended June 30, 2022. Unless otherwise noted, all results are presented in U.S. dollars. Jonathan Sandelman, Founder and CEO of Ayr, said, “Over the past few months, we have achieved many of ...

August 18th, 2022|
  • Financial result - cannabis 03

Neptune Reports Fiscal First Quarter 2023 Financial Results

LAVAL, QC - Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT), announced its financial and operating results for the three-month period ending June 30, 2022. Statement from Neptune Management and Board of Directors: "The results Neptune achieved in the first quarter of fiscal 2023 reflect the impacts of strategic decisions we have made over the ...

August 15th, 2022|
  • Financial Result, cannabis sales

4Front Ventures Reports Second Quarter 2022 Financial Results

PHOENIX, Ariz. - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF), multi-state cannabis operator and retailer, today announced its financial results for the second quarter ended June 30, 2022. All financial information is presented in U.S. dollars unless otherwise indicated. Q2 2022 Highlights Systemwide Pro Forma Revenue of $34.5 million GAAP revenue increased 5% year-over-year to $28.4 million ...

August 15th, 2022|
  • Financial Results

TerrAscend Second Quarter 2022 Revenue Increases 31% Sequentially to $65 Million

TORONTO - TerrAscend Corp. (CSE: TER) ( OTCQX: TRSSF), a North American cannabis operator, today reported its financial results for the second quarter ending June 30, 2022. All amounts are expressed in U.S. dollars unless indicated otherwise and are prepared under U.S. Generally Accepted Accounting principles (GAAP). Second Quarter 2022 Financial Highlights Net Sales increased 31% ...

August 11th, 2022|
  • Financial Result

Clever Leaves Reports Second Quarter 2022 Results

BOCA RATON, Fla. - Clever Leaves Holdings Inc. (Nasdaq: CLVR, CLVRW) (“Clever Leaves” or the “Company”), a leading multinational operator and licensed producer of pharmaceutical-grade cannabinoids, is reporting financial and operating results for the second quarter ended June 30, 2022. All financial information is provided in US dollars unless otherwise indicated. Second Quarter 2022 Summary ...

August 11th, 2022|

Trulieve Delivers Record Second Quarter 2022 Results Driven by Organic Retail Sales

TALLAHASSEE-- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), a cannabis company in the U.S., today announced its results for the quarter ended June 30, 2022. Results are reported in U.S. dollars unless otherwise indicated. Q2 2022 Financial Highlights* Revenue increased 49% year over year to $320.3 million from $215.1 million and 1% sequentially. Retail revenue increased 3% to $298.6 million and wholesale, licensing and ...

August 11th, 2022|
  • financial report

Akerna Announces Financial Results for Second Quarter 2022

DENVER - Akerna (Nasdaq: KERN), an enterprise software company and developer of one of the most comprehensive technology infrastructures, ecosystems, and compliance engines powering the global cannabis industry, today reported its unaudited financial results for the quarter ended June 30, 2022. "We have continued to take important steps to grow revenue, reduce costs, and position ...

August 10th, 2022|
  • Market result

Cronos Group Reports 2022 Second Quarter Results

TORONTO - Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON), announces its 2022 second quarter business results. “I am encouraged by the progress we are making to realign our business around our brands to become more efficient in our decision making and agile throughout our supply chain,” said Mike Gorenstein, Chairman, President and CEO, Cronos. “Our ...

August 9th, 2022|
  • Medical Marijuana Market, Financial Results

MariMed Reports Second Quarter 2022 Earnings

NORWOOD - MariMed, Inc. (CSE: MRMD) (OTCQX: MRMD), a multi-state cannabis operator focused on improving lives every day, today announced its financial results for the second quarter ended June 30, 2022. “We executed on our strategic plan, growing revenue both year-over-year and sequentially,” said Bob Fireman, Chief Executive Officer of MariMed. “Our growth was driven ...

August 8th, 2022|
  • Financial Result, cannabis sales

Curaleaf Reports Second Quarter 2022 Results

WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading international provider of consumer products in cannabis, today reported its financial and operating results for the second quarter ended June 30, 2022. All financial information is provided in U.S. dollars unless otherwise indicated. Second Quarter 2022 Financial Highlights (Unaudited)($ ...

August 8th, 2022|

COMPASS Pathways Announces Q2 2022 Financial Results and Business Highlights

LONDON, UK– COMPASS Pathways plc (Nasdaq: CMPS), a health care company dedicated to accelerating innovation in mental health, today reported its financial results for the second quarter 2022 and gave an update on recent progress across its business. George Goldsmith, Executive Chairman of COMPASS Pathways, (main image) said, “Our decision to appoint Kabir Nath as ...

August 5th, 2022|
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