American Cannabis News

Forian Raises $24 Million in Convertible Note Offering

Forian Inc. Announces $24 Million Private Placement of 3.5% Convertible Notes due 2025, Appoints New Chief Financial Officer NEWTOWN, Pa., Sept. 1, 2021 /PRNewswire/ — Forian Inc. (NASDAQ: FORA),...
- September 1st, 2021 at 5:42 pm

Ancillary Cannabis Stocks Rally 2.9% in August

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...
- August 31st, 2021 at 5:18 pm

Lowell Farms Raises $18 Million Selling Units at $1.00

Lowell Farms Inc. Announces Closing of US$18 Million Equity Private Placement SALINAS, Calif., Aug. 31, 2021 (GLOBE NEWSWIRE) — Lowell Farms Inc. (the “Company”) (CSE: LOWL; OTCQX: LOWLF), a...
- August 31st, 2021 at 7:52 am

Ascend Wellness Borrows $210 Million at 9.5% for Four Years

Ascend Wellness Holdings Announces US$210 Million Senior Debt Financing Four-Year Term Bears Interest at 9.5% Refinances Existing Debt Lowering Cost of Capital Strengthens Balance Sheet to Support Investment Towards...
- August 30th, 2021 at 7:28 am

Planet 13 Triples Revenue in Q2 to $32.8 Million

Planet 13 Announces Q2 2021 Financial Results Q2 2021 Revenue of $32.8 million, up 205% compared to Q2, 2020 Q2 2021 Adjusted EBITDA of $7.2 million All figures are...
- August 26th, 2021 at 4:48 pm