Cannabis Company News

Cannabis Stocks Rally Substantially in October

As we described in an earlier article, the Global Cannabis Stock Index recovered strongly from the challenging September in October, gaining 17.1%  The index is still down 59.9% in 2022. In...
- November 1st, 2022 at 9:53 am

HEXO Q4 Revenue Declines 7% Sequentially to C$42.5 Million

HEXO Reports Q4’22 and FY22 Financial Results Organizational reset strengthened the business and has positioned HEXO for long-term success This news release constitutes a “designated news release” for the...
- November 1st, 2022 at 6:52 am

This Strategic Switcheroo Doesn’t Excite Us

You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to...
- October 30th, 2022 at 6:19 pm

Cannabis Stocks Are About to Kick Off Earnings Season

The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. October was a light month for reporting. Tracker Rules This...
- October 28th, 2022 at 4:04 pm

Verano Refinances $350 Million Credit Facility

Verano Refinances $350 Million Credit Facility with Significant Optionality to Bolster Strategic Growth Plans Verano refinances existing $350 million credit facility, extending the maturity with a four-year term Floating...
- October 27th, 2022 at 8:53 am

The Green Organic Dutchman to Merge With BZAM Cannabis

The Green Organic Dutchman Enters Into a Definitive Agreement To Merge With BZAM Cannabis Creates sixth largest Canadian Licensed Producer(1) with right sized facilities in the largest provinces and a...
- October 19th, 2022 at 9:41 am

Verano Ditches Deal to Buy Goodness Growth

Verano Announces Termination of Arrangement Agreement to Acquire Goodness Growth Holdings Inc. CHICAGO, Oct. 14, 2022 (GLOBE NEWSWIRE) — Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the...
- October 14th, 2022 at 7:22 am

Valens Q3 Revenue Declines 15% Sequentially to C$20.3 Million

The Valens Company Reports Third Quarter Fiscal 2022 Financial Results Cash flow from operations improved by $12.2 million quarter-over-quarter, exceeding previous guidance Continued to realize the benefits of Integration Initiatives, with...
- October 13th, 2022 at 7:27 am

Lowell Farms Lights Up a Pre-Roll to Boost Its Brand

Exclusive Interview with Lowell Farms Chairman George Allen California cannabis company Lowell Farms (CSE: LOWL) (OTCQX: LOWLF) is aiming to become a leading cannabis brand. The company is finding...
- October 12th, 2022 at 2:27 pm

TerrAscend Borrows $45.5 Million From Pelorus Equity Group

TerrAscend Announces Closing of US$45.5 Million Non-Brokered Debt Financing Non-dilutive financing to strengthen balance sheet and fund growth initiatives TORONTO, Oct. 12, 2022 /CNW/ – TerrAscend Corp. (“TerrAscend” or the “Company”) (CSE: TER) (OTCQX:...
- October 12th, 2022 at 8:29 am

Planet 13 Expands Its Cannabis Operations

Exclusive Interview with Planet 13 Co-CEOs Bob Groesbeck and Larry Scheffler  Planet 13 (CSE: PLTH) (OTCQX: PLNHF) Co-CEOs Larry Scheffler and Bob Groesbeck last spoke to New Cannabis Ventures...
- October 11th, 2022 at 1:01 pm

Aurora Cannabis Repurchases $23 Million of Convertible Notes

Aurora Cannabis Repurchases ~US$23 Million Principal Amount of Convertible Notes; Balance Sheet Among Strongest in Industry Balance Sheet Remains in Net Cash Position, Further Strengthened with Accretive Debt Reduction...
- October 7th, 2022 at 7:26 am

Curaleaf Closes $181 Million Acquisition of MSO Tryke

Curaleaf Completes Acquisition of Tryke Companies Bolsters Company’s Presence in Three Key Growth Markets of Arizona, Nevada and Utah Expands Curaleaf’s Operations to 29 Cultivation Sites and 144 Dispensaries Nationwide WAKEFIELD, Mass., Oct. 5,...
- October 5th, 2022 at 8:30 am

DEA-Licensed Cannabis Company Raises $20 Million

DEA-Licensed Pharmaceutical Cannabis Company Biopharmaceutical Research Company (BRC) Announces $20M Series A Funding Round The Company will use the investment to scale up and increase product offering, conduct sponsored...
- October 4th, 2022 at 10:27 am