Canadian Cannabis News

Canadian Cannabis Sales Declined 2% in January Sequentially

Statistics Canada released January retail sales for the country this morning, with cannabis sales decreasing from December by 2.1% to C$347.2 million. December was revised substantially lower from the previously reported C$382.4...
- March 18th, 2022 at 8:49 am

HEXO Reports $670 Million Q2 Operating Loss

HEXO Reports Second Quarter 2022 Results, Embarks on Transformative Plan Company makes significant progress on capital structure and strengthening balance sheet. This news release constitutes a “designated news release”...
- March 18th, 2022 at 7:34 am

Pricing Pressure Emerges as a Key Theme Among Cannabis Companies

The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. This data-driven, fact-based tracker will continually update based on new financial...
- March 14th, 2022 at 8:51 am

Valens Q4 Revenue Increases 15% to $18.4 Million

The Valens Company Reports Fourth Quarter and Fiscal Year 2021 Financial Results Provincial sales net revenue increased 31.7% to $7.9 million in Q4 2021 compared to $6.0 million in...
- February 28th, 2022 at 6:41 pm

Canadian Cannabis Stocks Slide Almost 3% in February

After retreating 26% in Q4, the Canadian Cannabis LP Index extended its losing streak to seven months in January, declining 9.5% to 176.42. In February, the pace of the decline slowed,...
- February 28th, 2022 at 5:05 pm

Cannabis Earnings Season Kicks Into High Gear

The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. This data-driven, fact-based tracker will continually update based on new financial...
- February 25th, 2022 at 3:25 pm

Cronos Group Q3 Revenue Increases 80% to $20.7 Million

Cronos Group Reports 2021 Third Quarter Results Completed Audit Committee evaluation and restated Q2 2021 unaudited interim financial statements Announces strategic realignment to support future growth strategies Consolidated net...
- February 18th, 2022 at 8:08 am

Cannabis Beverage Company Cann Raises $27 Million

Cannabis Lifestyle Brand, Cann, Raises $27m Series a to Fuel International Expansion Cann Becomes the First Microdosed THC Tonic to go International by Launching in Canada, Furthering its Mission...
- February 15th, 2022 at 9:16 am