Canadian Cannabis News

Verano Q4 Revenue Increases 2% Sequentially to $211 Million

Company delivers record 2021 U.S. GAAP and proforma revenue1 of $738 million and $760 million, respectively 2021 Adjusted EBITDA2 margin of 44% — in line with Company guidance Financial results presented in U.S. GAAP CHICAGO, April 27, 2022 (GLOBE NEWSWIRE) — Verano Holdings...
- April 27th, 2022 at 7:49 am

Canopy Growth Further Downsizes to Reduce Costs

Strategic adjustments are expected to generate savings of $100 – $150 million within 12 – 18 months SMITHS FALLS, ON, April 26, 2022 /PRNewswire/ – Canopy Growth Corporation (“Canopy...
- April 26th, 2022 at 5:06 pm

Canadian Cannabis Stocks Fall 1.4% in March

The Canadian Cannabis LP Index fell for the ninth consecutive month, declining 1.4% to 169.46 in March: The index, which fell 29.2% in 2021 to end at 194.95, is down 13.1%...
- March 31st, 2022 at 5:20 pm

Auxly Q4 Revenue Increases 20% to $29.3 Million

Auxly Reports Fourth Quarter and Full Year 2021 Financial Results and Provides Outlook for 2022 TORONTO, March 31, 2022 (GLOBE NEWSWIRE) — Auxly Cannabis Group Inc. (TSX – XLY)...
- March 31st, 2022 at 8:02 am

Valens Raises C$28.1 Million Selling Units

The Valens Company Announces Approximately USD$22.5 Million Bought Deal Offering of Units KELOWNA, BC, March 29, 2022 /CNW/ – The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS) (the “Company”,...
- March 29th, 2022 at 5:44 pm