Canadian Cannabis News

Canadian Cannabis Biotech Company Trait Raises C$31 Million

Trait Biosciences Receives Strategic Investment From Btomorrow Ventures As Lead Investor In A C$31 Million Series A Financing VANCOUVER, BC, June 16, 2021 /PRNewswire/ — Trait Biosciences Inc. (“Trait”)...
- June 16th, 2021 at 10:06 am

Fire & Flower Q1 Revenue Increases 91% to $44.1 Million

Fire & Flower Announce Fiscal First Quarter Financial and Operational Results Quarterly revenue increased 91% to $44.1 million year-over-year Fourth Consecutive Quarter of Positive Adjusted EBITDA of $2.3 million...
- June 15th, 2021 at 7:31 am

Auxly Raises $15 Million Selling Units at $0.315

Auxly Announces $15.0 Million Bought-Deal Public Offering TORONTO, June 09, 2021 (GLOBE NEWSWIRE) — Auxly Cannabis Group Inc. (“Auxly” or the “Company”) (TSX: XLY) (OTCQX: CBWTF) is pleased to...
- June 9th, 2021 at 8:27 am

Aurora Cannabis Pays Down $89 Million Credit Facility

Aurora Cannabis Completes Balance Sheet Restructuring Full Repayment of Credit Facility Results in Principal and Interest Savings of ~$25 Million In the Next Year NASDAQ | TSX: ACB EDMONTON,...
- June 1st, 2021 at 5:16 pm

Valens Closes $46 Million Unit Offering

The Valens Company Closes Previously Announced Bought Deal Financing KELOWNA, BC, June 1, 2021 /CNW/ – The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF) (the “Company,” “The Valens Company”...
- June 1st, 2021 at 9:23 am

Canopy Growth Q4 Revenue Increases 38% to $148 Million

Canopy Growth Reports Fourth Quarter and Fiscal Year 2021 Financial Results Achieves 37% revenue growth in FY 2021 with strong double-digit growth across both cannabis and other consumer products...
- June 1st, 2021 at 7:46 am

HEXO to Acquire Redecan for $925 Million

HEXO Corp announces acquisition of Redecan to create Canadian market leader in adult-use sales Combined company would hold number one market-share in Canadian recreational cannabis and hold number one...
- May 28th, 2021 at 7:28 am

Valens Raises $40 Million Selling Units at $3.30

The Valens Company Announces CDN$40 Million Bought Deal Offering of Units KELOWNA, BC, May 25, 2021 /CNW/ – The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF) (the “Company”, “The...
- May 25th, 2021 at 5:19 pm

What’s New With Cannabis Stocks for the Week Ending 05/21/21

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  Mississippi’s medical cannabis referendum win was...
- May 21st, 2021 at 5:04 pm

TerrAscend Q1 Revenue Increases 106% to $53.4 Million

TerrAscend Reports First Quarter Net Sales of USD $53.4 Million and Adjusted EBITDA(1) of USD $22.6 Million Raises full year 2021 guidance for Net Sales to exceed USD $300 million and...
- May 19th, 2021 at 7:44 am

High Tide Prices C$15 Million Unit Offering at C$9.60

High Tide Announces $15.0 Million Bought Deal Public Offering CALGARY, AB, May 18, 2021 /CNW/ – High Tide Inc. (“High Tide” or the “Company”) (TSXV: HITI) (OTCQB: HITIF) (FRA:...
- May 18th, 2021 at 6:03 pm