Canadian Cannabis News

Aphria Ramps Up Revenue in Fiscal Q3 to $144 Million

Aphria Inc. Announces Net Cannabis Revenue Increases 65% From Prior Quarter and Fourth Consecutive Quarter of Positive Adjusted EBITDA Reports Operating Income of $8.7 million Adjusted EBITDA from Cannabis...
- April 14th, 2020 at 10:07 pm

Valens Generates $32 Million Revenue in Fiscal Q1

The Valens Company Reports Record Revenue And Profitable First Quarter Of Fiscal 2020 KELOWNA, BC, April 14, 2020 /PRNewswire/ – Valens GroWorks Corp. (TSXV: VLNS) (OTCQX: VLNCF) (the “Company”,...
- April 14th, 2020 at 5:22 pm

HEXO Raises $40 Million Selling Units at $0.77

Hexo Corp. Announces C$40 Million Underwritten Public Offering OTTAWA, April 8, 2020 /CNW/ – HEXO Corp. (“HEXO”, or the “Company”) (TSX: HEXO; NYSE: HEXO) today announced the pricing of...
- April 8th, 2020 at 9:08 am

How COVID-19 Could Impact Cannabis Stocks

The cannabis sector has evolved substantially since I began following it 7 years ago, but the COVID-19 crisis has made it as challenging as ever to navigate. I created...
- April 5th, 2020 at 12:08 pm

The Global Cannabis Stock Slide Accelerated in March

Already down sharply through February, the Global Cannabis Stock Index extended its losses with a 24.9% decline during March, ending at 23.58 despite a bounce from record lows mid-month: The index,...
- April 1st, 2020 at 11:45 am

Tilray to Allow Early Release of 11 Million Locked-Up Shares

Tilray, Inc. Releases 11 Million Shares From Lock-Up Agreement NANAIMO, British Columbia, March 31, 2020-(BUSINESS WIRE)–Tilray, Inc. (NASDAQ: TLRY) (“Tilray”), a global pioneer in cannabis production, research, cultivation and...
- March 31st, 2020 at 8:37 am

Cronos Group Q4 Revenue Sinks to $7.3 Million

Cronos Group Reports 2019 Fourth Quarter and Full-Year Results Completed Audit Committee Review and Restated Certain 2019 Unaudited Interim Financial Statements Expanded Canadian distribution to new provinces and product...
- March 30th, 2020 at 4:34 pm

HEXO Corp Takes $266 Million Impairment Charges

HEXO Corp reports second quarter fiscal 2020 financial results Key Operating Highlights Net Revenue increased 17% to $17.0M from $14.5M in Q1 Adult-use grams and gram equivalents sold increased...
- March 30th, 2020 at 8:07 am

MediPharm Labs Generates $32 Million Revenue in Q4

MediPharm Labs Reports Fourth Quarter and Full Year 2019 Results 2019 Revenue $129 Million, Adjusted EBITDA1 $25 Million Q4 2019 Revenue $32 Million, Adjusted EBITDA1 $3 Million Year-end Cash and Equivalents...
- March 30th, 2020 at 7:40 am

Village Farms Raises C$10 Million Through Stock Sale at C$3.20

Village Farms International Announces $10 Million Underwritten Public Offering of Common Shares VANCOUVER, March 19, 2020 /CNW/ – Village Farms International, Inc. (“Village Farms” or the “Company”) (TSX: VFF) (NASDAQ: VFF) is pleased...
- March 19th, 2020 at 8:22 am