Canadian Cannabis News

Valens Q3 Revenue Increases 16% to C$21 Million

The Valens Company Reports Financial Results for The Third Quarter of Fiscal 2021 Provincial sales net revenue increased 20.0% quarter over quarter supported by a 76.5% quarter over quarter...
- October 13th, 2021 at 5:56 pm

Sundial to Acquire Alcanna for $346 Million in Stock

  Sundial Growers to Acquire Alcanna Inc. CALGARY, AB, Oct. 7, 2021 /PRNewswire/ – Sundial Growers Inc. (NASDAQ: SNDL) (“Sundial” or the “Company”) is pleased to announce today that...
- October 7th, 2021 at 6:17 pm

Tilray Cannabis Revenue Increases 38% to $70 million in Q1

Tilray, Inc. Reports First Quarter Fiscal Year 2022 Financial Results Net Revenue and Gross Profit Increased 43% and 46%, Respectively, for Largest Global Cannabis Cultivator 10th Consecutive Quarter of...
- October 7th, 2021 at 7:33 am

Global Cannabis Stock Index Declines 21% in Q3

The Global Cannabis Stock Index fell for the seventh consecutive month, declining 12.6% to 45.02: The index, which was down 21.2% in Q3, had 44 qualifying members during the month following the...
- October 1st, 2021 at 10:57 am

Aurora Cannabis Q4 Revenue Declines 20% to $54.8 Million

Aurora Cannabis Announces Fiscal 2021 Fourth Quarter Results #1 Canadian LP in Global Medical Cannabis; Total Medical Cannabis Net Revenue Rose 9% Compared to Prior Year; Strong Adjusted Gross...
- September 27th, 2021 at 4:47 pm

Decibel Cannabis Raises $15 Million Selling Units at $0.29

Decibel Closes Previously Announced Offering of Units for Total Gross Proceeds of Approximately $15 Million, including Full Exercise of Over-Allotment Option CALGARY, AB, Sept. 16, 2021 /CNW/ – Decibel...
- September 16th, 2021 at 9:57 am

High Tide Q3 Revenue Increases 99% to $48.1 Million

High Tide Reports Third Quarter 2021 Financial Results Featuring a 99% Increase in Revenue and Sixth Consecutive Quarter of Positive Adjusted EBITDA CALGARY, AB, Sept. 14, 2021 /PRNewswire/ –...
- September 14th, 2021 at 4:49 pm

Fire & Flower Q2 Revenue Increases 51% to $43.3 Million

Fire & Flower Announces Fiscal Second Quarter 2021 Financial and Operational Results Quarterly revenue increased 51% year-over-year to $43.3 million Fifth Consecutive Quarter of Positive Adjusted EBITDA of $3.1...
- September 14th, 2021 at 8:29 am

What’s New With Cannabis Stocks for the Week Ending 09/10/21

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  California’s unified cannabis regulatory body introduced...
- September 10th, 2021 at 5:08 pm