Canadian Cannabis News

Canadian LP Stocks Gain 4% in October

While the Canadian Cannabis LP Index lagged the broader sector, it was able to snap a two-month losing streak in October as it gained 3.7% to 233.78: The index, which lost 20.3%...
- November 1st, 2020 at 1:09 pm

Neptune Raises $35 Million Selling Units at $2.16

Neptune Wellness Solutions Inc. Announces US$35 Million Private Placement LAVAL, QC, Oct. 20, 2020 /PRNewswire/ – Neptune Wellness Solutions Inc. (“Neptune” or the “Company”) (TSX: NEPT) (NASDAQ: NEPT), a...
- October 20th, 2020 at 3:42 pm

Aphria Q1 Cannabis Revenue Advances 18% Sequentially

Aphria Inc. Announces Record Adult-Use Cannabis Gross Revenue in First Quarter Fiscal Year 2021 and Sixth Consecutive Quarter of Positive Adjusted EBITDA Net Cannabis Revenue Increased 103% from Prior...
- October 15th, 2020 at 8:26 am

Cannabis Stocks Pull Back Sharply in September

The Global Cannabis Stock Index gave up all of its gains from July and August to end Q3 down 6.7%, decreasing 16.2% in September to 27.45: The index, which had 37...
- October 1st, 2020 at 1:44 pm

VIVO Cannabis Restructures $27 Million Convertible Debt

VIVO Cannabis™ Announces Agreement to Amend Outstanding Debentures TORONTO, Sept. 16, 2020 /CNW/ – VIVO Cannabis Inc. (TSX: VIVO) (“VIVO” or the “Company”) announces that the holders of its 6% unsecured convertible debentures dated February...
- September 16th, 2020 at 7:26 am

Cronos Group Names Kurt Schmidt New CEO

Cronos Group Announces Expanded Leadership Structure to Drive Next Phase of Growth 30-Year CPG Executive Kurt Schmidt Joins Cronos as Chief Executive Officer and Mike Gorenstein Named Executive Chairman...
- September 9th, 2020 at 8:33 am