Canadian Cannabis News

Canopy Growth Q3 Revenue Increases 23% to $153 Million

Canopy Growth Reports Third Quarter Fiscal 2021 Financial Results Business transformation continues to gain traction Improved commercial and operational execution drives record net revenue of $153 million, up 23%...
- February 9th, 2021 at 7:09 am

High Tide Sells Units at C$0.48 to raise C$15 Million

High Tide Announces $15 Million Bought Deal Equity Financing CALGARY, AB, Feb. 1, 2021 /CNW/ – High Tide Inc. (“High Tide” or the “Company”) (TSXV: HITI) (OTCQB: HITIF) (FRA:2LY),...
- February 1st, 2021 at 4:56 pm

Sundial Raises $100 Million with Sale of Units

Sundial Growers Announces US$100 Million Registered Offering CALGARY, AB, Jan. 29, 2021 /PRNewswire/ – Sundial Growers Inc. (Nasdaq: SNDL) (“Sundial” or the “Company”) announced today that it has priced a best efforts underwritten...
- January 29th, 2021 at 7:14 am

TerrAscend Closes C$224 Million Capital Raise

TerrAscend Announces Closing of Oversubscribed Non-Brokered Private Placement Gross Proceeds of C$224 Million, 80% coming from four large U.S. Institutional investors Announces Departure of Co-Founder and former CEO Dr....
- January 28th, 2021 at 5:03 pm

Supreme Cannabis to Raise C$20 Million Selling Units at C$0.19

Supreme Cannabis Announces Overnight Marketed Public Offering TORONTO, Jan. 25, 2021 (GLOBE NEWSWIRE) — The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1)...
- January 25th, 2021 at 4:37 pm

Valens to Buy Edibles Manufacturer LYF for C$24.9 Million

The Valens Company Expands Cannabis 2.0 & 3.0 Footprint with the Acquisition of Leading Canadian Edibles Manufacturer LYF Food Technologies Inc. Combined industry experience, existing and deep supply chain...
- January 25th, 2021 at 7:38 am

Zenabis Taps Private Lender for $60 Million Debt Facility

Zenabis Announces $60m Committed Revolving Credit Facility to Refinance Senior Debt held by Sundial Growers VANCOUVER, BC, Jan. 22, 2021 /CNW/ – Zenabis Global Inc. (TSX:ZENA) (“Zenabis” or the “Company”) is pleased to announce...
- January 22nd, 2021 at 8:15 am

Aurora Cannabis Raises $125 Million at $10.45

Aurora Cannabis Inc. Announces US$125 Million Bought Deal Financing EDMONTON, Alberta, Jan. 21, 2021 (GLOBE NEWSWIRE) — Aurora Cannabis Inc. (“Aurora” or the “Company”) has announced today that it...
- January 21st, 2021 at 4:36 pm

Auxly to Sell C$15 Million Units at C$0.37

Auxly Announces $15 Million Bought-Deal Public Offering TORONTO, Jan. 20, 2021 (GLOBE NEWSWIRE) — Auxly Cannabis Group Inc. (“Auxly” or the “Company”) (TSXV: XLY) (OTCQX: CBWTF) is pleased to...
- January 20th, 2021 at 6:08 pm