New Cannabis Ventures Cannabis Business News & Information
Cannabis Earnings Season Kickoff Reveals Mixed Trends
by Alan Brochstein, CFA on November 17, 2019 at 7:06 pm
The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis stocks that generate industry sales of more than US$7.5 million per quarter. This data-driven, fact-based tracker will continually update based on new financial filings so that readers can stay up to date. Companies must file with the
Get Ready for Better Numbers from Cannabis Operators
by Alan Brochstein, CFA on November 17, 2019 at 3:56 pm
You’re reading a copy of this week’s edition of the free New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. Sign up to receive a copy in your inbox each Sunday morning. Friends, This was an extremely tough week for investors and operators in the Canadian cannabis sector. We all knew that
MedMen Chops Assets and Headcount to Improve Profitability
by NCV Newswire on November 15, 2019 at 9:22 pm
MedMen Announces Layoffs and Overall Plan to Achieve Positive EBITDA Provides details on a five-part plan to reduce costs and accelerate its path towards profitability Announces sale of certain non-core assets for total aggregate proceeds of $22 million Company will be providing layoff notices to over 190 employees, including over 80 corporate employees Reductions and
Technical420 Marijuana News & Research
Isracann Biosciences Announces OTC Trading Symbol Change to “ISCNF”, Effective November 15, 2019
by ginger on November 15, 2019 at 2:13 pm
Isracann Biosciences Inc. (CSE: IPOT) (FRA: A2PT0E) (OTC: ISCNF) an Israel-based company focused on becoming a premier low cost, high quality cannabis producer for both Israeli and European export sales, is pleased to announce that the Financial Industry Regulatory Authority, Inc. has approved the Company’s request to change its OTC ticker symbol to ISCNF, effective The post Isracann Biosciences Announces OTC Trading Symbol Change to “ISCNF”, Effective November 15, 2019 appeared first on Technical420.
Halo Labs Reports Q3 2019 Financial Results
by ginger on November 15, 2019 at 1:06 pm
Halo Labs Inc. (NEO: HALO, OTCQX: AGEEF, Germany: A9KN) today announced its financial and operational results for the third quarter ended September 30, 2019. For the three months ended September 30, 2019, the Company’s gross profit and gross margin were $2.9 million and 41% respectively, representing record quarterly results since the Company’s inception. For the nine The post Halo Labs Reports Q3 2019 Financial Results appeared first on Technical420.
Auxly Announces Outdoor Cultivation Expansion Through the Launch of Robinsons Outdoor Grow
by ginger on November 15, 2019 at 12:42 pm
Auxly Cannabis Group Inc. (TSX.V – XLY), together with its wholly owned subsidiary Robinsons Cannabis Inc., is thrilled to announce Robinsons Outdoor Grow , a large scale, high quality outdoor cultivation project located in the heart of Nova Scotia’s award-winning wine region of Annapolis Valley. Robinsons OG is uniquely located in a region that is The post Auxly Announces Outdoor Cultivation Expansion Through the Launch of Robinsons Outdoor Grow appeared first on Technical420.
Chemesis International Has Solid Footing In A Floundering Cannabis Sector
by ginger on November 15, 2019 at 12:33 pm
With less than two months left in the year, we are taking a hard look at cannabis companies that have been under pressure and are well positioned for growth. We believe that the recent weakness in the cannabis sector is transitory and want to highlight an opportunity that we are excited about. The company, Chemesis The post Chemesis International Has Solid Footing In A Floundering Cannabis Sector appeared first on Technical420.
Jushi Holdings Inc. Provides Shareholder Update and Reports Third Quarter 2019 Financial Results
by ginger on November 15, 2019 at 12:03 pm
Jushi Holdings Inc. (NEO: JUSH.B) (OTCQX: JUSHF), a globally-focused, multi-state cannabis and hemp operator, today is providing a shareholder update and reporting its financial results for the third quarter ended September 30, 2019. All financial information is provided in U.S. dollars unless otherwise indicated. “During the third quarter of 2019, we generated revenue of $3.6 million, The post Jushi Holdings Inc. Provides Shareholder Update and Reports Third Quarter 2019 Financial Results appeared first on Technical420.