WeedMD Reports 38% Increase in Quarter to Quarter Revenues and Concerning Selling Price

2019 Q3 Highlights Reports net revenues of $6.7 million with a gross margin of 29% Greenhouse cultivation cost improves to $0.72/gram in Q3 Strategic acquisition of Starseed strengthens medical position in Canada and consolidates distribution channel in accretive all-stock transaction A $25 million strategic investment from The Labourers’ Pension Fund […]

Green Thumb Industries Inc. (CSE: GTII) Ex-CEO Continues to Divest

After 15 years as a chief executive, most recently at cannabis grower and distributor Green Thumb Industries, I’m done. I need my family more than more money and prestige. Pete Kadens (Ex Chief Executive Operator at Green Thumb Industries) Green Thumb Industries Inc. (CSE: GTII, OTC: GTBIF) Pete Kaden, Ex CEO of Green […]

Cannacord Lowers Price Target for MedMen Enterprises (CSE: MMEN)

Cannacord Genuity lowered MedMen’s (CSE: MMEN, OTC: MMNFF) price target on November 27th, 2019 to $1.00. This represents 96% upside from current price of $0.51 (at the time of reporting). Previous price target was C$3.75, which was lowered from C$6.75 on October 9th, 2019. About a year ago, MedMen’s consensus […]

Insider Buying: Namaste Technologies (TSX-V: N)

Namaste Technologies insiders have been on buying spree recently, five different members purchased 218,000 shares. All share purchases were acquisition in the public market. Dave Giardino – Chief Operating Officer Branden Spikes – Board Member Baran Dilaver – Board Member Laurens Andreas Feenstra – Board Member Andrew Wilczynski – Board […]

Trulieve Celebrates 40th Dispensaries in Florida

The Lakeland storefront brings the state’s widest-ranging medical cannabis inventory to patients in Central Florida “Trulieve has come a long way over the past three years – from closing out 2016 with only two stores to celebrating our record-breaking 40th store in Florida with even more to come in 2019 — and 2020 […]

Aurora Cannabis CEO Purchases Nearly $1 Million Worth of Shares

Aurora Cannabis Inc. (NYSE: ACB, TSX: ACB) CEO Terry Booth filed public market acquisition of 270,000 shares at $3.68 totaling $993,600. Aurora Cannabis closed at $2.52 (up $0.13) 5.45% in NYSE. Disclaimer: All posts made on this website are provided for information purposes only. None of the information here is intended […]

Charlotte’s Web Holdings, Inc. to Revise 2019 Revenue Guidance

Charlotte’s Web Holdings Profile Charlotte’s Web Holdings (TSX: CWEB, OTCQX: CWBHF) revised 2019 revenue expectations in the range of 95 million to 105 million. Previously Charlotte’s Web had revenue guidance of $120 million to $170 million, which was mentioned in “Charlotte’s Web Holdings Reports 2019 Q2 Earnings” News Release on […]

Akerna Soars 27% After Making $18M Investment in Anti-Counterfeiting Technology Leader solo sciences

The Deal Strengthens Akerna’s Ability to Deliver Global Supply Chain Transparency “Akerna’s investment in solo is another step in our commitment to creating the pre-eminent global technology platform, addressing the entire supply chain and its regulatory bodies through accountability and transparency and will help us accelerate our growth and create […]

MedMen Reports First Quarter Fiscal 2020 Financial Results

First quarter revenue of $44.0 million, up 105% year over year Opened four new retail locations during the quarter, including three in Florida and one in California Company is licensed for 70 retail stores and currently operates 33 retail locations across 9 states, including pending acquisitions Post quarter end, announced […]

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