Canadian Cannabis News

Canadian Licensed Producer Index Falls 7.5% in August

After breaking a three-month losing streak with a 1% gain in June and then retreating almost 10% in July, the Canadian Cannabis LP Index fell sharply again in August, declining 7.5%...
- September 1st, 2021 at 8:15 am

HEXO Completes Acquisition of 48North

HEXO and 48North announce closing of arrangement OTTAWA and TORONTO, Sept. 01, 2021 (GLOBE NEWSWIRE) — HEXO Corp. (“HEXO”) (TSX: HEXO; NASDAQ: HEXO) and 48North Cannabis Corp. (“48North”) (TSX-V:...
- September 1st, 2021 at 7:44 am

HEXO Corp Raises $140 Million Selling Units at $2.95

HEXO Corp. Announces US$140 Million Public Offering OTTAWA, Aug. 20, 2021 (GLOBE NEWSWIRE) — HEXO Corp (“HEXO” or the “Company”) (TSX: HEXO; NYSE: HEXO) today announced the pricing of...
- August 20th, 2021 at 9:13 am

TerrAscend Q2 Revenue Increases 72% to $58.7 Million

TerrAscend Reports Second Quarter Net Sales of $58.7 Million, Adjusted EBITDA1 of $24.3 Million and Adjusted EBITDA1 Margin of 41% Signs agreements to be the sole cultivator and manufacturer...
- August 19th, 2021 at 8:08 am

Auxly Cannabis Q2 Revenue Triples to C$20.9 Million

Auxly Reports Q2 2021 Financial Results: Reports Record Revenues, Adjusted EBITDA and Canadian Recreational Market Share TORONTO, Aug. 16, 2021 (GLOBE NEWSWIRE) — Auxly Cannabis Group Inc. (TSX.V –...
- August 16th, 2021 at 7:50 am

Nova Cannabis Q2 Sales Increase 107% to C$29.9 Million

  Nova Announces Second Quarter 2021 Results Average sales on an annual run-rate basis for stores converted to Value Buds now $3.5 million versus $1.4 million before conversion EDMONTON,...
- August 12th, 2021 at 6:59 pm

iAnthus Q2 Revenue Increases 57% to $54 Million

iAnthus Reports Second Quarter 2021 Financial Results and Provides Update on Status of Recapitalization Transaction NEW YORK and TORONTO, Aug. 10, 2021 /PRNewswire/ – iAnthus Capital Holdings, Inc. (“iAnthus”...
- August 10th, 2021 at 8:34 am