Canadian Cannabis News

Cannabis Stocks Extend Rally in August

Overcoming pressure on Canadian LPs and CBD companies with very strong performance from American cannabis operators, the Global Cannabis Stock Index extended July gains during August by increasing 2.1% in choppy...
- September 1st, 2020 at 1:58 pm

Canopy Growth to Open 10 Cannabis Stores in Alberta

Canopy Growth Solidifies National Retail Footprint with Expansion into Alberta Market Company to open 10 retail stores across Alberta under the Tokyo Smoke and Tweed banners, marking its first retail cannabis...
- August 28th, 2020 at 7:32 am

Sundial Prices $20 Million Unit Offering at $0.50 Per Share

Sundial Growers Announces Pricing of its US$20 Million Registered Offering CALGARY, AB, Aug. 14, 2020 /PRNewswire/ – Sundial Growers Inc. (NASDAQ: SNDL) (“Sundial” or the “Company”) announced today that...
- August 14th, 2020 at 8:55 am

Supreme Cannabis Restructures $100 Million Convertible Debt

Supreme Cannabis Announces Agreement to Partially Convert and Amend Debentures Supreme Cannabis reduces principal amount to $36.5 million from $100.0 million Extends maturity date on $36.5 million of remaining...
- August 4th, 2020 at 8:39 am

Cannabis Stocks Jump 9% in July to Extend Q2 Gains

Cannabis stocks recovered nearly all of the losses from June during July, with the Global Cannabis Stock Index increasing 9.0% to 32.07: The index, which had 37 qualifying members during the...
- August 3rd, 2020 at 1:43 pm

Emerald Health to Sell Quebec Subsidiary for $21 Million

Emerald Health Therapeutics and Quinto Resources Enter into Share Purchase Agreement for Sale of Quebec Cannabis Business Vancouver, British Columbia–(Newsfile Corp. – July 31, 2020) – Emerald Health Therapeutics,...
- July 31st, 2020 at 7:41 am

How to Assess Cannabis Operator Intangible Assets

Intangible Assets in the Cannabis Industry – Measuring the Success of Acquisitions Guest Post by Noam Hirschberger, CFA, CVA, Principal, Co-Lead of Cannabis Practice at PKF O’Connor Davies In the...
- July 29th, 2020 at 10:54 am

Organigram Q3 Revenue Declines 27% to $18 Million

Organigram Reports Third Quarter Fiscal 2020 Results Net revenue of $18.0 million compared to $24.8 million in Q3 2019 Generated positive cash flow from operations of $8.5 million as...
- July 21st, 2020 at 7:00 am