Cannabis Products & Services News

Global Cannabis Stocks Decline 8.7% in Q2

The Global Cannabis Stock Index fell for the fourth consecutive month, declining 4.1% to 57.10: The index, which was down 8.7% during Q2, had 46 qualifying members during the month following the...
- July 1st, 2021 at 10:00 am

Ancillary Cannabis Stocks Advance 3.3% in June

Following up on our recent discussion of how cannabis investors have embraced publicly traded ancillary companies, New Cannabis Ventures launched its seventh proprietary index, the Ancillary Cannabis Index at the end of March....
- June 30th, 2021 at 5:23 pm

High Tide Q2 Revenue Increases 99% to $40.9 Million

High Tide Reports Second Quarter 2021 Financial Results Featuring a 99% Increase in Revenue and Another Record Adjusted EBITDA of $4.7 Million CALGARY, AB, June 28, 2021 /PRNewswire/ –...
- June 28th, 2021 at 6:08 pm

Canadian Cannabis Biotech Company Trait Raises C$31 Million

Trait Biosciences Receives Strategic Investment From Btomorrow Ventures As Lead Investor In A C$31 Million Series A Financing VANCOUVER, BC, June 16, 2021 /PRNewswire/ — Trait Biosciences Inc. (“Trait”)...
- June 16th, 2021 at 10:06 am

KushCo Holdings Sees Q3 Revenue at $27.5-28 Million

KushCo Holdings Reports Preliminary Fiscal Third Quarter 2021 Results Company Expects Fiscal Q3 2021 Revenue to Increase 21% to 26% Year-Over-Year CYPRESS, CA / ACCESSWIRE / June 15, 2021...
- June 15th, 2021 at 8:29 am

Acreage Holdings Founder Launches $125 Million Cannabis REIT

Viridescent Realty Trust Announces The First Closing of its Cannabis Mortgage Real-Estate Investment Trust CYPRESS, Texas, June 08, 2021–(BUSINESS WIRE)–Viridescent Management LLC, an affiliate of Viridescent Capital Partners (“Viridescent”),...
- June 8th, 2021 at 10:07 am

22nd Century Group Raises $40 Million Selling Shares at $4

22nd Century Announces $40 Million Common Stock Registered Direct Offering Financing Provides Support to the Company’s Strategic Objectives Across All Its Plant Franchises BUFFALO, N.Y., June 07, 2021 (GLOBE...
- June 7th, 2021 at 9:50 am

Ancillary Cannabis Stocks Dip 2.5% in May

Following up on our recent discussion of how cannabis investors have embraced publicly traded ancillary companies, New Cannabis Ventures launched its seventh proprietary index, the Ancillary Cannabis Index at the end of March....
- May 30th, 2021 at 4:26 pm