Weekly Recap: US Marijuna Decriminalization Bill, Ontario Retail and Jim Cramer

The North American Marijuana Index closed up 7.6% this week and many cannabis sector experienced big spike in volume mid week. November 21,2019, Canopy Growth Inc. (NYSE: CGC) set record volume on NYSE as 38.35 million (Nearly $800M worth!) shares were traded. Ontario to allow private sector to handle legal […]

iAnthus Reports Fiscal Third Quarter 2019 Financial Results

Pro-Forma Revenues of $30.9 million1, 23% Growth over Second Quarter Reported revenues of $22.3 million, up 16% from the prior quarter Pro-forma revenues were $30.9 million1, up 23% from the prior quarter Retail revenues increased 28% from the second quarter, driven by new customer retention and acquisition programs Disciplined cost […]

TILT Holdings Reports Third Quarter Revenue of US$46.1M, Positive Adjusted EBITDA of US$2.7M

November 20, 2019 16:15 ET | Source: TILT Holdings Inc. Third Quarter Revenue Increased 18% Over the Second Quarter of 2019Positive Third Quarter Adjusted EBITDA of US$2.7M Marks Turning Point for Company CAMBRIDGE, Mass., Nov. 20, 2019 (GLOBE NEWSWIRE) — TILT Holdings Inc. (“TILT” or the “Company”) (CSE: TILT) (OTCQB: […]

Green Thumb Industries (GTI) Reports Increased Third Quarter Revenue of $68 Million and Adjusted Operating EBITDA of $14.1 Million

November 20, 2019 Third quarter revenue increased 296% year-over-year Expect to generate over $200 million in total revenue for fiscal year 2019 Retail expansion on pace with four newRise™ stores opened during the quarter, bringing total new stores opened year-to-date to 14 Ample liquidity and financial flexibility to support growth strategy […]

Harvest Health & Recreation Inc. Reports Third Quarter 2019 Financial Results

“During the third quarter, Harvest continued to execute on its strategy by investing in assets and infrastructure needed to return to profitable growth.  As a Company, we have the assets and team required to achieve operational excellence and succeed in the cannabis industry,” said Chief Executive Officer Steve White. — […]

TerrAscend Announces Strong Revenue Growth and Margin Improvement for the Third Quarter of 2019

News provided by TerrAscend Nov 20, 2019, 08:00 ET “We are on track to deliver a year of tremendous progress for the overall company both operationally and financially. This has been especially evident in recent months, where we expanded our portfolio of U.S. assets with the addition of Ilera Healthcare […]

Neptune Announces an Amended and Restated Agreement with Canopy

Canopy and Neptune mutually decided to review the terms of their processing agreement. The parties have agreed to an amended schedule of processing volumes committed to Neptune by Canopy. News provided by Neptune Wellness Solutions Inc. Nov 20, 2019, 08:44 ET LAVAL, QC, Nov. 20, 2019 /CNW Telbec/ – Neptune Wellness Solutions […]

Cannabis Edibles: The Government of Quebec is Putting at Risk the Health and Safety of Quebecers According to the QCIA

“Access to illegal edibles online continues to grow, and the black market is becoming increasingly more sophisticated by misleading consumers with fake brands and professional-looking websites. These illegal products are usually delivered by mail in just a few days. They are also not subject to any hygiene test, and the […]

Sundial Added to the NYSE-Listed The AdvisorShares Pure Cannabis ETF

“Sundial is excited to be included in The AdvisorShares Pure Cannabis ETF and looks forward to the increased exposure to global investors to share the Sundial story,” said Jim Keough NEWS PROVIDED BYSundial Growers Inc.  Nov 20, 2019, 07:00 ET CALGARY, Nov. 20 2019 /CNW/ – Sundial Growers Inc. (Nasdaq: SNDL) (“Sundial”) is […]

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