Capital

  • Neptune Wellness Solutions Inc.

Neptune Wellness Solutions Inc. Closes $5 Million Registered Direct Offering

LAVAL, QC - Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT), a health and wellness company focused on plant-based, sustainable and purpose-driven lifestyle brands, today announced that it has closed on the previously announced registered direct offering with several institutional investors for the purchase and sale of an aggregate of 1,945,526 common shares (or common ...

June 23rd, 2022|

BREAKING: Can the Cannabis Industry CLIMB to Increased Institutional Investment and Capital Markets Listings?

WASHINGTON, D.C.– This morning, Representative Troy A. Carter, Sr. (D-LA) and Representative Guy Reschenthaler (R-PA) introduced a bipartisan bill called The Capital Lending and Investment for Marijuana Businesses (CLIMB) Act which, if passed and signed into law, could give a significant boost to the struggling cannabis industry. Cannabis stocks, which increased significantly after the 2020 election ...

June 23rd, 2022|

BREAKING: Can the Cannabis Industry CLIMB to Increased Institutional Investment and Capital Markets Listings?

WASHINGTON, D.C.– This morning, Representative Troy A. Carter, Sr. (D-LA) and Representative Guy Reschenthaler (R-PA) introduced a bipartisan bill called The Capital Lending and Investment for Marijuana Businesses (CLIMB) Act which, if passed and signed into law, could give a significant boost to the struggling cannabis industry. Cannabis stocks, which increased significantly after the 2020 election ...

June 23rd, 2022|
  • Cannabis Drinks Expo

2022 Cannabis Drinks Expo: Skyrocketing Category Includes Hemp-Based Sports Drinks to Cannabis-Infused Cocktails

SAN FRANCISCO - Cannabis Drinks Expo, a super hit b2b trade show, returns in July, providing the cannabis and drinks industry a unique platform to expand business, explore the category and source amazing brands. The theme for the 2022 show is “Growing the Category.” The 2022 Cannabis Drinks Expo will help attendees learn about this ...

June 20th, 2022|

US and Canadian Financial Analysts Abandon Canopy Growth Corporation; Stock Sinks To Record Low

TORONTO–Canopy Growth, Corp. (TSX: WEED) hit a new low on Monday as the Canadian stock market continued to fall, fueled by underperforming limited partnerships and pessimistic market sentiment owing to inflation and rising interest rates. In a note, analyst Matt Bottomley of Canaccord Genuity stated: "It's not that demand is diminishing; the competition is tremendous." ...

June 15th, 2022|
  • Financial Result

HEXO Reports Third Quarter 2022 Results

GATINEAU, Quebec - HEXO Corp (TSX: HEXO; NASDAQ: HEXO), a producer of high-quality cannabis products, today reported its financial results for the fiscal quarter ended April 30, 2022 (Q3’22). All amounts are expressed in Canadian dollars unless otherwise noted. “HEXO is committed to streamlining our operations across all functions, allowing our top-selling brands to remain ...

June 15th, 2022|
  • Cannabidiol Products

Impact Naturals Announces Capital Raise and Partnership with Rowe Capital Group

SAN DIEGO–Impact Naturals Group, a health technology company, announces a capital raise and partnership with Rowe Capital Group. Rowe provides fund sponsors with a turn-key digital investment marketplace where accredited investors can access strategic, early-stage investment opportunities. Additionally, Rowe works to simplify a fund's operations process, offering a range of services to fund managers, including investment servicing, ...

June 9th, 2022|

Harborside Inc. Reports First Quarter 2022 Financial Results

OAKLAND, Calif. and TORONTO - Harborside Inc. (CSE: HBOR) (OTCQX: HBORF), a California-focused cannabis enterprise, today filed its interim financial statements and management's discussion and analysis for the three months ended March 31, 2022 under the Company's profile on SEDAR at www.sedar.com. The Q1 2022 Financial Results encompass a period reflecting only one month of ...

May 31st, 2022|

Ayr Wellness Reports First 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 March 31, 2022. Unless otherwise noted, all results are presented in U.S. dollars. Jonathan Sandelman, Founder, Chairman and CEO of Ayr, said, “We have made excellent progress this year to complete ...

May 31st, 2022|
  • Financial result

Verano Announces First Quarter 2022 Financial Results

CHICAGO - Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a multi-state cannabis company, announced its financial results for the first quarter ended March 31, 2022, which were prepared in accordance with U.S. Generally Accepted Accounting Principles. Q1 2022 U.S. GAAP Financial Highlights Q1 2022 revenue increased 67% to $202 million compared to the first quarter 2021. ...

May 27th, 2022|

Clever Leaves Reports First Quarter 2022 Results

BOCA RATON, Fla. - Clever Leaves Holdings Inc. (Nasdaq: CLVR, CLVRW), a multinational operator and licensed producer of pharmaceutical-grade cannabinoids, is reporting financial and operating results for the first quarter ended March 31, 2022. All financial information is provided in US dollars unless otherwise indicated. First Quarter 2022 Summary vs. Same Year-Ago Quarter Revenue increased ...

May 12th, 2022|
  • Goodness Growth Holdings

Goodness Growth Holdings Announces First Quarter 2022 Results

MINNEAPOLIS - Goodness Growth Holdings, Inc. (CSE: GDNS) (OTCQX: GDNSF), a physician-led, science-focused cannabis company and IP incubator, reported financial results for its first quarter ended March 31, 2022. All currency figures referenced in this press release reflect U.S. dollar amounts. "Our first quarter results reflected continued growth across all of our markets besides Arizona, ...

May 11th, 2022|
  • Financial Results

Cronos Group Reports 2022 First Quarter Results

TORONTO - Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON), announces its 2022 first quarter business results. “I founded Cronos because of the once-in-a-lifetime opportunity to help build and shape an industry that has the potential to improve countless lives. As CEO, I am committed to re-instilling a start-up culture with a founder’s mentality across all ...

May 10th, 2022|
  • Financial result - cannabis 03

MariMed Reports First Quarter 2022 Earnings

NORWOOD, Mass. - MariMed, Inc. (OTCQX: MRMD), a multi-state cannabis operator focused on improving lives every day, announced its financial results for the first quarter ended March 31, 2022. “I am very pleased with our solid financial results this past quarter despite a slowdown in our industry coupled with rising inflation in the U.S.,” said ...

May 10th, 2022|

Curaleaf Reports First Quarter 2022 Results

WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), an international provider of consumer products in cannabis, reported its financial and operating results for the first quarter ended March 31, 2022. All financial information is provided in U.S. dollars unless otherwise indicated. Boris Jordan, Executive Chairman of Curaleaf, commented, "Our national footprint has always ...

May 9th, 2022|
  • Akerna Corp

Akerna Announces Financial Results for First 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 March 31, 2022. "As demand for Akerna’s platforms from cannabis operators, regulators, and brands continues to widen, ...

May 9th, 2022|
  • Financial Results

Acreage Holdings Reports First Quarter 2022 Financial Results

NEW YORK - Acreage Holdings, Inc. (CSE:ACRG.A.U, ACRG.B.U), (OTCQX: ACRHF, ACRDF), a multi-state operator of cannabis cultivation and retailing facilities in the U.S., today reported its financial results for the first quarter ended March 31, 2022. First Quarter 2022 Financial Highlights Consolidated revenue was $56.9 million for Q1 2022, an increase of 48% year-over-year. Gross ...

May 6th, 2022|
  • Green Thumb Industries

Green Thumb Industries Reports First Quarter 2022 Financial Results

CHICAGO and VANCOUVER, British Columbia - Green Thumb Industries Inc. (Green Thumb) (CSE: GTII) (OTCQX: GTBIF), a national cannabis consumer packaged goods company and owner of RISE dispensaries, today reported its financial results for the first quarter ended March 31, 2022. Financial results are reported in accordance with U.S. generally accepted accounting principles and all ...

May 4th, 2022|
  • Harborside Inc.

Harborside Inc. Announces Conversion of US$5.87 Million Promissory Note to Equity

OAKLAND, Calif. and TORONTO - Harborside Inc. (CSE: HBOR) (OTCQX: HBORF), a California-focused, cannabis enterprise, announced that a promissory note in the amount of US$6.23 million, which includes principal, interest and fees, has been repaid by: (i) a cash payment in the amount of US$358,541.10; and (ii) the issuance of US$5.87 million worth of subordinate ...

April 29th, 2022|
  • Financial result - cannabis 01

Verano Announces 2021 Fourth Quarter and Full Year U.S. GAAP Financial Results

CHICAGO - Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a multi-state cannabis company, announced its 2021 financial results which were prepared in accordance with U.S. Generally Accepted Accounting Principles. For comparisons, financial results for the full year 2020 referenced in this news release are also based on U.S. GAAP. Full year 2021 and 2020 financial ...

April 28th, 2022|
  • Financial result - cannabis 03

The Valens Company Reports First Quarter Fiscal 2022 Financial Results

KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS), a manufacturer of cannabis products, is pleased to report its first quarter fiscal year 2022 financial results for the period ended February 28, 2022. Tyler Robson, Chief Executive Officer, Co-Founder and Chair of The Valens Company, said: "The results from the first quarter demonstrate ...

April 13th, 2022|

Monday: Cannabis Capital Markets: Roundup

NEW YORK- Many cannabis investors are waiting for legalization in the United States to act as a catalyst. The stock market is volatile as progress toward that aim ebbs and flows, and investors keep an eye on how the Senate handles legalization. Today was another tumultuous day in the sector, following a recent spike. Many ...

April 11th, 2022|

Enveric Biosciences Reports Full-Year 2021 Financial Results and Provides Business Update

NAPLES, Fla.,- Enveric Biosciences Inc. (NASDAQ: ENVB) a neuroscience-focused biotechnology company developing next-generation, psychedelic-inspired mental health medicines, today reported its financial results for the full year ended December 31, 2021, and provided a business update. "2021 was a foundational year that set the stage for Enveric to execute on its strategy in the future," said Dr. Joseph Tucker, Enveric's Chief ...

April 7th, 2022|

Open Book Extracts Raises Series C Funding Round

ROXBORO, N.C. -- Open Book Extracts (OBX), providing high quality cannabinoid ingredients, concept-to-market formulation services, and finished goods manufacturing for the industry's leading brands, announced the first close of a Series C equity financing round. This round of funding, led by KEY Investment Partners, is a resounding vote of confidence in the Company and positions the ...

April 7th, 2022|

Tilray Brands, Inc. Reports Third Quarter Fiscal Year 2022 Financial Results

LEAMINGTON, Ontario and NEW YORK - Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a global cannabis-lifestyle and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life, today reported financial results for the third fiscal quarter ended February 28, 2022. All financial information in this press release is reported ...

April 6th, 2022|
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