Canadian Cannabis News

Valens Borrows $40 Million at 10% for Two Years

The Valens Company Secures CAD$40 Million Term Loan Non-dilutive debt capital provides Valens with greater flexibility in its growth strategy in Canada and United States KELOWNA, BC, Dec. 16, 2021 /PRNewswire/ – The Valens Company...
- December 16th, 2021 at 7:24 am

Fire & Flower Q3 Revenue Increases 37% to $45.4 Million

Fire & Flower Announces Fiscal Third Quarter 2021 Financial and Operational Results Quarterly revenue increased 37% year-over-year to $45.4 million Sixth Consecutive Quarter of Positive Adjusted EBITDA of $2.1 million Hifyre™...
- December 14th, 2021 at 7:33 am

SOL Global Repurchases $30 Million of Stock at $4.05

SOL Global Completes $30 Million Oversubscribed Substantial Issuer Bid and Takes up Shares Completion of the Substantial Issuer Bid Results in 44,611,144 Common Shares Issued and Outstanding on a...
- December 6th, 2021 at 8:21 am

Canadian Cannabis Stocks Drop 5.5% in November

After retreating almost 27% in Q3, the Canadian Cannabis LP Index extended its losing streak to five months as it fell again in November, declining 5.5.% to 225.26: The index, which...
- December 1st, 2021 at 8:18 am

What’s New With Cannabis Stocks for the Week Ending 11/26/21

Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary  Germany’s leadership coalition confirmed its intent...
- November 26th, 2021 at 1:45 pm

Organigram Q4 Revenue Increases 22% to $24.9 Million

Organigram Reports Fourth Quarter Fiscal 2021 Results Continued growth in net revenue and increased market share Achieved a 7% share of market in the recreational cannabis market in Q4,...
- November 23rd, 2021 at 6:29 am

Gage Growth Borrows $55 Million to Fund Michigan Expansion

Gage Growth Corp. Announces US$55 Million Senior Secured Debt Financing Provides Maximum Flexibility to Execute on Gage’s Growth Strategy, Including Near-Term Retail Acquisition Opportunities DETROIT, and TORONTO, Nov. 22,...
- November 22nd, 2021 at 9:48 am

What’s New With Cannabis Stocks for the Week Ending 11/19/21

Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary  Representative Mace unveiled her cannabis legalization...
- November 19th, 2021 at 5:07 pm