Canadian Cannabis News

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

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