Canadian Cannabis News

Canopy Growth Temporarily Closes 23 Canadian Cannabis Stores

Canopy Growth to temporarily close corporate owned retail amid response to COVID-19 SMITH FALLS, ON, March 17, 2020 /PRNewswire/ – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NYSE: CGC)...
- March 17th, 2020 at 7:50 am

Tilray Prices $90.4 Million Equity Offering at $4.76

Tilray, Inc. Announces Pricing of its $90.4 Million Registered Offering NANAIMO, British Columbia, March 13, 2020–(BUSINESS WIRE)–Tilray, Inc. (“Tilray” or the “Company”) (Nasdaq: TLRY), a global pioneer in cannabis...
- March 13th, 2020 at 9:24 am

Tilray Q4 Cannabis Revenue Declines 20% Sequentially

Tilray, Inc. Reports Fourth Quarter and Full Fiscal Year 2019 Financial Results Revenue Increased 287% to $167.0 (C$217.4) Million in Full Fiscal Year 2019 Compared to the Prior Year...
- March 2nd, 2020 at 4:28 pm

Global Cannabis Stocks Drop 21.5% in February

After breaking an 8-month losing streak in December with a strong close on the last day of the year, the Global Cannabis Stock Index extended its January losses with a 21.5%...
- March 2nd, 2020 at 10:55 am

Organigram Bets Big on Chocolate

Exclusive Interview with Organigram CEO Greg Engel In 2018, Organigram (NASDAQ: OGI) (TSX: OGI) CEO Greg Engel spoke with New Cannabis Ventures about creating a company culture of quality....
- March 2nd, 2020 at 9:50 am

Canadian Cannabis Producer Stocks Decline 21% in February

Canadian licensed producers experienced their eleventh consecutive monthly decline during February, with the Canadian Cannabis LP Index falling 20.8% to 302.23: Over the past year, the index has declined 69.7%: The...
- March 1st, 2020 at 3:01 pm

Valens Q4 Revenue Exceeds $30 Million

The Valens Company Reports Record Financial Performance in the Fourth Quarter and Fiscal Year Ended November 30, 2019 with Q4 Adjusted EBITDA(1) of $17.7 Million KELOWNA, BC, Feb. 24,...
- February 24th, 2020 at 8:31 pm

Supreme Cannabis Revenue Dips to $9.1 Million in Q2

Supreme Cannabis Announces Q2 2020 Financial Results and Updated Plan for Accelerated Revenue Growth Focuses business on accelerated, near-term revenue growth with enhanced, coast-to-coast sales partnership with humble+fume Enhanced...
- February 13th, 2020 at 5:02 pm

Canadian LP Invictus Granted Creditor Protection

Invictus Granted Creditor Protection And Will Commence A Strategic Review Vancouver, B.C., Feb. 13, 2020 (GLOBE NEWSWIRE) — Invictus MD Strategies Corp. (TSXV: GENE; OTCQX: IVITF; FRA: 8IS2) (the...
- February 13th, 2020 at 4:24 pm

Tetra Bio-Pharma Raises C$15.5 Million

Tetra Bio-Pharma Announces Closing of Bought Deal Financing OTTAWA, Feb. 13, 2020 /CNW Telbec/ – Tetra Bio-Pharma Inc. (“Tetra” or the “Corporation”) (TSXV: TBP) (OTCQB: TBPMF), is pleased to...
- February 13th, 2020 at 10:13 am

Aurora Cannabis Generates $56 Million Revenue in Fiscal Q2

Aurora Cannabis Announces Second Quarter 2020 Results Net Revenue of $66.6 million, excluding provisions of $10.6 million Net Cannabis Revenue, excluding provisions, of $63.2 million, In Line With Recent Guidance Cash Cost...
- February 13th, 2020 at 7:30 am

Supreme Cannabis Announces 15% Reduction in Workforce

Supreme Cannabis Focuses Organization and Reduces Cost Structure to Accelerate Profitable Growth Corporate positions decreased by approximately 33% and operational positions decreased by approximately 13% Total number of positions...
- February 11th, 2020 at 5:09 pm

Starseed Veteran Tsebelis Succeeds Merker as WeedMD CEO

WeedMD Announces Leadership Change and Appoints New CEO as Company Accelerates Growth Initiatives Angelo Tsebelis, currently President of WeedMD, is appointed Chief Executive Officer TORONTO, Feb. 04, 2020 (GLOBE...
- February 4th, 2020 at 9:56 am