marijuana

Canopy Growth Corp (NYSE: CGC) has no interest in using any of its capital to buy any more cannabis producers either in Canada or abroad, CEO Bruce Linton told the Financial Post. What Happened Canopy bought at least a dozen smaller cannabis producers over the past year, but the string of...

Canopy Growth Corporation (NYSE: CGC) is adding to its production capacity, announcing Monday that it received a license for an outdoor cultivation site in Northern Saskatchewan. The first cannabis cuttings were planted at the 160-acre field in the province hours after the license came...

Organigram Holdings Inc. (NASDAQ: OGI) is more than doubling its number of cultivation rooms after receiving approval from Health Canada. The authorization will add 17 cultivation rooms to the cannabis producer's previously licensed 13, the company said Monday.  Why It Matters The 17...

Innovative Industrial Properties Inc (NYSE: IIPR) announced Friday that it acquired a property in Michigan and entered into a long-term lease agreement with Emerald Growth Partners. What Happened The property in Harrison, Michigan comprises around 45,000 square feet of industrial space. The...

Canopy Growth Corp (NYSE: CGC) announced a multiyear advanced manufacturing agreement with Colombia's Procaps S.A.S. Monday as part of a broader update on its operations worldwide.  South American Developments  Canopy said it will leverage Procaps’ encapsulation capacity....

A subsidiary of Neptune Wellness Solutions Inc. (NASDAQ: NEPT), 9354-7537 Québec Inc., has received approval for cannabis license amendments from Health Canada. Why It Matters The key amendment to 9354-7537 Québec's license raises the company's extraction capacity....

Medicine Man Technologies, Inc. (OTC: MDCL)'s M&A activity in the cannabis space is ongoing, and this time the Colorado company has its sights set on the international market. What Happened  The vertically integrated company said Wednesday that it entered into a binding term sheet...

The Green Organic Dutchman Holdings Ltd. (OTC: TGODF) said Wednesday that it's entered into a processing and manufacturing agreement with Neptune Wellness Solutions Inc. (NASDAQ: NEPT). Why It Matters Under the three-year agreement, Neptune will provide The Green Organic Dutchman with...

Vertically integrated Canadian company Valens GroWorks Corp. (OTC: VGWCF) has expanded the multiyear agreement with Tilray Inc. (NASDAQ: TLRY) that it signed Feb. 26.  What Happened  The expanded agreement adds to the volume of extraction services Valens will provide to Tilray and adds an...

A lawsuit filed against MedMen Enterprises Inc. (OTC: MMNFF) that argued CEO Adam Bierman and President Andrew Modlin made decisions in their own personal interest rather than that of shareholders has been dismissed, the cannabis company said Thursday.  What Happened Plaintiffs Brent Cox, Omar...

The multistate vertically integrated cannabis brand and delivery company DionyMed Brands Inc (OTC: DYMEF) reported Friday with first-quarter results which fell short of expectations, but the company is set up for a "strong" 2020, according to Canaccord Genuity. The Analyst Bobby Burleson...

Canaccord Genuity is staying bullish on vertically integrated Canadian company TILT Holdings Inc (OTC: SVVTF) after its first-quarter print.  The Analysts Bobby Burleson reiterated a Speculative Buy rating on Tilt Holdings with a CA$4 ($2.97) price target.  Need more cannabis news?...

Canaccord Genuity slightly revised its estimates for the Las Vegas, Nevada dispensary Planet 13 Holdings Inc (OTC: PLNHF) following "strong" first-quarter performance.  The Analyst Analyst Bobby Burleson reiterated a Speculative Buy rating on Planet 13 with a CA$4 ($2.97)...

CannaRoyalty Corp (OTC: ORHOF), a Canadian cannabis company that operates under the Origin House brand name, reported first-quarter results Wednesday that showed substantial revenue growth — and expenses that grew proportionately higher.   What Happened The company's...

Acreage Holdings, Inc. (OTC: ACRGF) said in its first-quarter report Tuesday that its revenue grew substantially despite regulatory delays in the opening of dispensaries.  What Happened Total revenue for the first quarter of 2019 totaled $12.9 million, marking a 487-percent jump from the same...