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Tilray's High Park Expands Supply Capacity With Amended License
Monday, April 29, 2019 - 1:05pm | 362Read More...High Park Holdings, a wholly owned subsidiary of Tilray, Inc. (NASDAQ: TLRY), announced Monday that it has received an amendment to the company's standard processing license under the Canadian Cannabis Ac. Under the amended license, High Park said it is permitted to sell its cannabis...
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The Clean Slate Act: What You Should Know
Friday, April 26, 2019 - 8:50am | 393Read More...A bill recently introduced in the House of Representatives aims to allow people convicted of marijuana possession and other minor nonviolent offenses to have their records sealed — so the records aren't affecting their lives after the punishment is complete. What Happened H.R. 2348, also...
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Vireo Health International Receives Patent For Tobacco With Cannabinoid Additives
Thursday, April 25, 2019 - 4:09pm | 359Read More...Vireo Health International (OTC: VREOF) said Thursday that the United States Patent and Trademark Office has issued a Notice of Allowance for its patent application for less-harmful tobacco products infused with cannabinoids. What Happened The patent is titled "Tobacco Products with...
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Cresco Labs Announces 411% Q4 Revenue Growth
Wednesday, April 24, 2019 - 3:51pm | 327Read More...Multistate cannabis operator Cresco Labs (OTC: CRLBF) reported fourth-quarter financial results Wednesday that included revenue growth of 411 percent on the year. What Happened Chicago-based Cresco posted revenue of $17 million, up by 33 percent sequentially, and a net loss of $2.3...
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Harvest Health & Recreation's Q4 Revenue Jumps 135% Year-Over-Year
Tuesday, April 23, 2019 - 2:52pm | 305Read More...Harvest Health & Recreation Inc (OTC: HRVSF) reported fourth-quarter financial results Tuesday that include revenue growth of 135 percent on the year and 52 percent sequentially. What Happened The multistate cannabis company's revenue totaled $16.9 million in the quarter ended Dec...
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MedMen's COO, General Counsel Resign; Company Announces New CTO
Monday, April 22, 2019 - 2:59pm | 376Read More...U.S. cannabis dispensary operator MedMen Enterprises Inc (OTC: MMNFF) said Friday that it accepted the resignations of Ben Cook, its chief operating officer, and Lisa Sergi, its general counsel and a board member. The company said it appointed Ryan Lissack as chief technology officer. The...
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MJ Freeway CEO: 'Every Measure For Diversity Is Good For Business'
Friday, April 19, 2019 - 9:19am | 623Read More...With a decade of experience, Jessica Billingsley is a cannabis industry veteran. In 2010, she co-founded cannabis compliance software company MJ Freeway. During her fireside chat at the Benzinga Cannabis Capital Conference in Toronto, the CEO explained how the company...
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Canopy Growth Soars On Unexpected Guidance Update, European Acquisition
Tuesday, April 16, 2019 - 1:38pm | 578Read More...Canopy Growth Corp (NYSE: CGC) shares surged more than 4 percent after co-CEO Bruce Linton updated the company’s fiscal 2020 revenue guidance Tuesday at the GMP Securities cannabis conference in Toronto. What Happened Canopy anticipates at least $744 million in revenue in...
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Aphria Reports Q3 Results, Agrees To Accelerate Expiration Of Green Growth Takeover Bid
Monday, April 15, 2019 - 10:43am | 609Read More...Aphria Inc. (NYSE: APHA)'s shares were falling Monday after the Canadian cannabis company reported fiscal third-quarter results and announced that it agreed to shorten the expiry date of Green Growth Brands Inc (OTC: GGBXF)'s takeover bid. What Happened For the fiscal third...
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Canaccord: California Build-Out Is 'The Most Material Driver' To Sunniva Valuation
Monday, April 8, 2019 - 2:57pm | 457Read More...A slowdown in the build-out of a California facility and and a lower Canadian market share are the reasons behind Canaccord Genuity's lower expectations for cannabis company Sunniva Inc (OTC: SNNVF). The Analyst Matt Bottomley maintained a Speculative Buy rating on Sunniva with a price...
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Canaccord Raises MediPharm Price Target, Estimates
Monday, April 8, 2019 - 12:47pm | 397Read More...MediPharm Labs Corp. (OTC: MLCPF) discounted cash flow-derived per-share value is increasing, according to Canaccord Genuity. The Analyst Kimberly Hedlin reiterated a Speculative Buy rating on MediPharm and raised the price target from CA$4.75 to CA$5.50. The Thesis Confidence surrounding...
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SAFE Banking Act Advances To House Floor After Committee Vote
Thursday, March 28, 2019 - 12:32pm | 578Read More...The House Financial Services Committee voted Thursday in favor of the SAFE Banking Act, which would allow cannabis businesses to work with banks and credit unions. The vote advances the bill to the House floor. The Cannabis Capital Conference is coming back to Toronto! Click here to learn how you...
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CannTrust Posts Record Q4 Revenue, But Falls Short Of Expectations
Thursday, March 28, 2019 - 10:05am | 613Read More...CannTrust Holdings Inc (NYSE: CTST) shares were plunging Thursday following the release of the Canadian cannabis company's results for the fourth quarter of 2018. Although CannTrust reported record revenue and lower cost of production, it also recorded a substantial loss on the back of...
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Flowhub, BDS Analytics Partner To Provide Market Insight To Dispensaries
Tuesday, March 26, 2019 - 12:33pm | 302Read More...The Cannabis Capital Conference is coming back to Toronto! Click here to learn how you can join Tim Seymour, Jon Najarian, Danny Moses, Alan Brochstein and many others. Flowhub, a provider of cannabis point-of-sale solutions in the U.S., and cannabis data provider BDS Analytics announced a...
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Cronos Group Reports 250% Revenue Growth In Q4
Tuesday, March 26, 2019 - 11:02am | 594Read More...Cronos Group Inc. (NASDAQ: CRON)'s stock opened lower Tuesday in the wake of the company's fourth-quarter print. Although Cronos reported 250-percent revenue growth for the quarter, it also recorded a major net loss. What Happened The Canadian cannabis producer said its fourth-quarter...
















