Capital

Aurora Announce Financial Results for Q4 and Full-Year Fiscal 2021

EDMONTON, AB–Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), today announced its financial and operational results for the fourth quarter and full year fiscal 2021 ended June 30, 2021. "We are very pleased with our strategic and financial progress in growing our high-margin medical revenue, rationalizing expenses, strengthening our balance sheet, and reducing our cash burn ...

September 27th, 2021|

Australis Retains Delmorgan in $15M Capital Raise

LAS VEGAS - Terry Booth, CEO,  announced - Australis Capital Inc., operating as AUDACIOUS (CSE: AUSA) (OTC: AUSAF), announced today that it has retained DelMorgan & Co., an internationally recognized investment banking firm, to assist AUDACIOUS with its $15 million capital raise. Terry Booth, AUSA CEO, stated, "DelMorgan is a highly regarded name with broad ...

September 27th, 2021|

Burb Announces $4 Million Funding Round to Expand Retail Operations In British Columbia and Launch Products In Ontario and United States

VANCOUVER, BC - Burb Cannabis Corp., a cannabis lifestyle brand and high-end retailer with branded products and apparel, has successfully closed its $4M Series A funding round, led by Connecticut-based private equity group KarpReilly. The Company also closed the round with participation from American record label 300 Entertainment CEO and Co-Founder Kevin Liles. Burb plans ...

September 23rd, 2021|

SKYMINT Acquires 3Fifteen Cannabis and Completes Concurrent $78 Million Financing From SunStream Bancorp and Merida Capital

ANN ARBOR, Mich. -  SKYMINT, a vertically integrated cannabis company, announced the acquisition of 3Fifteen Cannabis, the closing of its concurrent $70 million Senior Secured Term Loan from Tropics LP, an affiliate of SunStream Bancorp Inc., a joint venture initiative sponsored by Sundial Growers Inc. (Nasdaq: SNDL), and its $8 million equity investment from Merida ...

September 22nd, 2021|

Cannabidiol Market Size Passed $7 Billion In 2020, Estimated To Grow At Over 35% CAGR Between 2021 And 2027

PALM BEACH, Fla. - FinancialNewsMedia.com News Commentary - The CBD isolate market has been growing even before the pandemic appeared. While some areas of the healthcare sector remain to be impacted, the CBD sales have increased since the advent of the COVID-19 pandemic as restrictive movement and isolation largely impact the human body in several ...

September 17th, 2021|

TGOD Announces Update on Listing Application on the CSE and Voluntary Delisting from the TSX

TORONTO-- The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (US-OTCQX: TGODF), a producer of certified organically grown cannabis, announces today that the Company has received final approval from the Canadian Securities Exchange to list its common shares and listed Common Share purchase warrants on the CSE. As previously noted, pursuant to Part VII, Section 720 ...

September 10th, 2021|

TerrAscend to Acquire Gage Cannabis

NEW YORK, DETROIT and TORONTO–TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a North American cannabis multi-state operator, and Gage Growth Corp. (CSE: GAGE), a premium cannabis brand and operator, today announced that they have entered into a definitive arrangement agreement in which  TerrAscend will acquire all of the issued and outstanding subordinate voting shares of Gage ...

September 7th, 2021|
  • Panaxia Pharmaceutical Industries

Panaxia Continues Growth

LOD, Israel -- Panaxia Labs Israel Ltd., (TASE: PNAX), a pharma company that develops, manufactures and markets progressive medical cannabis products in pharmaceutical quality, published its financial reports for the second quarter and first half of 2021. As part of their strategy to exit low-profit activities in Israel and focus on manufacturing and exporting premium products to Europe, ...

September 2nd, 2021|

Greenlane Shareholders Vote to Approve Merger with KushCo

BOCA RATON–Greenlane Holdings, Inc. (Nasdaq: GNLN), a global house of brands and one of the largest sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced that its stockholders have approved the proposed merger with KushCo Holdings, Inc. (OTCQX: KSHB), a premier provider of ancillary products and services to the legal cannabis ...

September 1st, 2021|
  • The Valens Company

The Valens Company Announces the Acquisition of Verse Cannabis and Creates Top Tier Canadian Licensed Producer

KELOWNA, BC,- The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF) a manufacturer of cannabis products, announced that it has completed a transaction to acquire Verse Cannabis including all of the Verse intellectual property. This acquisition, and Valens' recently announced agreement to acquire Citizen Stash Cannabis Corp., positions Valens as a top tier cannabis licensed producer ...

September 1st, 2021|
  • Kona Gold

Kona Gold Beverage, Inc. Raises $3 Million

MELBOURNE, Fla. -- Kona Gold Beverage, Inc. is pleased to announce it has raised $3 million in capital via a Securities Purchase Agreement with YA II PN, LTD. Kona Gold Beverage will use the proceeds from the capital raise to facilitate growth across the Company's subsidiaries, Kona Gold LLC and Gold Leaf Distribution LLC. From these proceeds, Kona ...

August 31st, 2021|
  • Harborside Inc

Harborside Inc. Reports Second Quarter 2021 Financial Results

OAKLAND, Calif. and TORONTO  - Harborside Inc., reported today its financial results for the second quarter ending June 30, 2021. The unaudited condensed interim consolidated financial statements for Q2 2021 and corresponding management's discussion and analysis are available for download from the Company's investor website, investharborside.com, and on the Company's SEDAR profile. Unless otherwise indicated, all dollar amounts ...

August 31st, 2021|

The Rise Of Debt Financing In The U.S. Cannabis Markets

EDITOR: We invited Judson Hill, VP of Business Development for Bespoke Financial Inc. to comment on his area of the industry. Since 2018, Bespoke Financial have been in operation supporting cannabis business financing. They were the first licensed commercial lender focused on the cannabis industry. We thank Mr. Hill for his contribution & insights into ...

August 30th, 2021|

Fiore Cannabis Announces Second Quarter 2021 Financial Results

Kelowna, British Columbia and Las Vegas, Nevada-- Fiore Cannabis Ltd. (CSE: FIOR) (OTCQX: FIORF) , a licensed multi-state cannabis cultivator, producer and retailer, today announced its second quarter 2021 financial results, which support the Company's turnaround efforts and its continued push for a U.S.-based growth strategy. Fiore's Interim Financial Statements and corresponding Management's Discussion and ...

August 30th, 2021|

KushCo And GreenLane Shareholders Approve Merger

CYPRESS, CA –KushCo Holdings, Inc. (OTCQX:KSHB), a premier provider of ancillary products and services to the legal cannabis and CBD industries, today announced that its stockholders overwhelmingly voted to approve the merger agreement with Greenlane Holdings, Inc. (NASDAQ:GNLN) at the special meeting of stockholders held earlier today, with over 97% of votes cast voted in ...

August 29th, 2021|

Jane Technologies, Inc. Raises $100M in Series C Funding

SANTA CRUZ–Jane Technologies, Inc. , an e-commerce online cannabis marketplace, announced the closing of a $100 million Series C round of funding. The round was led by Honor Ventures with participation from Third Point Ventures, Gotham Green Partners, L2 Ventures, Delta Emerald Ventures and Artemis Growth Partners. Jane previously raised $30 million in funding, bringing the total amount ...

August 29th, 2021|

Australis Reports Q4 and Financial Year 2021 Results

LAS VEGAS–Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF) and doing business as AUDACIOUS, today announced its financials and management discussion and analysis for the fourth quarter and full year fiscal 2021, the period ending March 31, 2021. Financial Highlights The Company earned pre-tax net income of $3.0 million in Q4 FY 2021 compared to pre-tax losses of $19.4 ...

August 27th, 2021|

Top Strike Announces 2021 Fourth Quarter Financial Results, 2021 Annual Financial Results

CALGARY, AB–Top Strike Resources Corp. d.b.a. "Vencanna Ventures" (CSE: VENI) (OTCQB: TPPRF) announced its financial results as of April 30, 2021. Financial Highlights The following financial data is selected information for the Company for the eight most recently completed financial quarters: Quarter ended (000's) Apr30,2021 ($) Jan31,2021($) Oct31,2021($) Jul31,2020($) Apr30,2020($) Jan31,2020($) Oct31,2020($) Jul31,2020($) Revenue 1 (412) ...

August 27th, 2021|

American Green Wins 5 Year Cannabis Grow Management Contract from Curaleaf

  PHOENIX-- Today, American Green, Inc. (ERBB:OTC) announced that it has a new management services agreement with Curaleaf's two cultivation facilities in Arizona. Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) is an international provider of consumer products in cannabis which serves medical and adult-use customers throughout the state. This agreement will provide American Green with ...

August 26th, 2021|

Hollister Biosciences Inc. Reports Q2 2021 Financial Results including USD $17.6 million revenue, and USD $3.2 million of Adjusted EBITDA

VANCOUVER, BC-- Hollister Biosciences Inc. (CSE: HOLL) (OTC: HSTRF) (FRANKFURT: HOB) a diversified cannabis branding company reported its financial and operating results for the second quarter of 2021.  All financial information is presented in U.S. dollars unless otherwise indicated. Second Quarter 2021 Financial Results Total revenue in the second quarter was $17.6 million compared to $8.5 million in the second ...

August 26th, 2021|

FSD Pharma Announces Agreement to Acquire Lucid Psycheceuticals

TORONTO-- FSD Pharma Inc. (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A), a life sciences holding company dedicated to building a portfolio of assets and biotech solutions in legal psychedelics and medical cannabis, announces today it has entered a definitive agreement to acquire 100% of the issued and outstanding shares Lucid Psycheceuticals Inc., a Canadian-based specialty psychedelic ...

August 26th, 2021|

Indiva Reports Second Quarter Fiscal 2021 Results

LONDON, ONTARIO–Indiva Ltd. (TSXV: NDVA) (OTCQX: NDVAF), a Canadian producer of cannabis edibles, announced its financial and operating results for the second quarter of fiscal 2021 ended June 30, 2021. (CAD). Indiva reported a net revenues of $CA9.1 million ($USD 7.2 million) for the period, up 209% vs previous year and 46% up vs last quarter driven ...

August 25th, 2021|

Rubicon Organics Reports Second Quarter 2021 Financial Results

VANCOUVER,B.C.–Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) a licenced producer focused on cultivating and selling organic certified and premium cannabis, today reported its financial results for the second quarter ended June 30, 2021. All amounts are expressed in Canadian dollars. “Our share of the premium cannabis segment in Canada remains strong and we remain the ...

August 25th, 2021|

RIV Capital Closes US$150 Million Strategic Investment by The Hawthorne Collective

TORONTO, -- RIV Capital Inc.  (CSE: RIV) (OTC: CNPOF) announced the completion of the purchase by The Hawthorne Collective, Inc., a cannabis-focused subsidiary of The Scotts Miracle-Gro Company (NYSE: SMG), of an unsecured convertible note from RIV Capital for US$150 million. Pursuant to the Investment, RIV Capital received a capital injection of US$150 million, to be used for ...

August 25th, 2021|
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