TerrAscend to Acquire Gage Cannabis Establishes Leading Presence in Michigan, the Third Largest U.S. Cannabis Market Combines Industry Leading Retail, Cultivation and Operations Teams Across 7 Cultivation Facilities and 23 Operational Retail Locations in 5 States The Gage Brand, One of the Most Influential and Innovative in Michigan, to Be Featured Across TerrAscend’s Current and […] READ MORE: https://www.newcannabisventures.com/terrascend-to-buy-michigan-cannabis-operator-gage-growth-for-545-million-in-stock/
-New Greenhouse to begin yielding product by year end 2021- -Acquisition adds near term cultivation capacity while company looks to bring on line its 114,0000 square foot facility in Sanderson Florida – TORONTO, Aug. 04, 2021 (GLOBE NEWSWIRE) — Red White & Bloom Brands Inc. (CSE: RWB and OTC: RWBYF) (“RWB” or the “Company”), a multi-state cannabis operator and house of…
Khiron Life Sciences Announces Terms of Overnight Marketed Offering TORONTO, July 6, 2021 /CNW/ – Khiron Life Sciences Corp. (“Khiron” or the “Company”) (TSXV: KHRN) (OTCQX: KHRNF), is pleased to announce that, in connection with its previously announced overnight marketed offering, A.G.P./Alliance Global Partners (“AGP”) (the “Placement Agent” or “AGP”) has agreed to sell 27,435,000 […] READ MORE: https://www.newcannabisventures.com/khiron-launches-12-4-million-capital-raise-at-0-45-per-unit/
Jushi Holdings Inc. Reports Fourth Quarter and Full Year 2020 Financial Results and First Quarter 2021 Financial Results Jim Cacioppo, the CEO, Chairman and Founder of Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCMKTS: JUSHF), a vertically integrated, multi-state cannabis operator, provides a detailed operational update on the Company’s recent activities and progress, […] READ MORE: https://www.newcannabisventures.com/jushi-projects-q2-revenue-to-increase-to-45-48-million/
JACKSONVILLE, Fla., April 01, 2021 (GLOBE NEWSWIRE) — Acquired Sales Corp. (OTCQX: AQSP) (www.AcquiredSalesCorp.com), which plans to change its name to LFTD Inc., today announced that it achieved outstanding quarter over quarter growth in revenue, net income, and basic earnings per share during the fourth quarter of 2020, driven by the growth of its wholly-owned subsidiary Lifted Made (www.LiftedMade.com), maker of…
FT. LAUDERDALE, FL / ACCESSWIRE / February 1, 2021 / Kaya Holdings, Inc., (“KAYS” or the “Company”) (OTCQB:KAYS), the first U.S. publicly traded company to vertically integrate cannabis retail, cultivation and processing, announced today that its Greek joint venture Kaya Kannabis has engaged Dutch based Orange Ridge Capital to raise up to $45 million for its planned 15-acre cannabis cultivation and…
Ayr Strategies Reports Third Quarter 2020 Results & Updates Investors on 2021 Expansion Initiatives Q3 Revenue up 61% Q/Q to $45.5 Million; Adjusted EBITDA More Than Doubles to $19.3 Million Annual Revenue & Adjusted EBITDA Run-Rate of $182 Million and $77 Million, Respectively Generated Over $13 Million in Cash from Operations in Q3; Cash Balance […] READ MORE: https://www.newcannabisventures.com/ayr-strategies-q3-revenue-increases-61-sequentially-to-45-5-million/
Statistics Canada released August retail sales for the country this morning, with sequential growth slowing from last month’s 15% gain, as overall cannabis sales grew 6% sequentially to C$244.9 million, up 94% from a year ago. The report detailed how Ontario, which grew 11% to C$66.9 million, drove the sales, as other major provinces increased 2-5%: August’s […] READ MORE: https://www.newcannabisventures.com/ontario-drives-canadian-cannabis-sales-6-higher-in-august-to-245-million/
Trulieve Announces Underwritten Offering of Subordinate Voting Shares TALLAHASSEE, Fla., Sept. 16, 2020 /CNW/ – Trulieve Cannabis Corp. (“Trulieve” or the “Company”) (CSE: TRUL) (OTCQX: TCNNF), a leading and top-performing cannabis company in the United States, today announced that it has entered into an agreement with Canaccord Genuity Corp. (the “Underwriter”), pursuant to which the […] READ MORE: https://www.newcannabisventures.com/trulieve-raises-c100-45-million-selling-shares-at-c24-50/
The Valens Company Reports Financial Results for the Second Quarter of Fiscal 2020 KELOWNA, BC, July 15, 2020 /PRNewswire/ – The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF) (the “Company” or “The Valens Company”), a global leader in the end-to-end development and manufacturing of innovative, cannabinoid-based products, is pleased to report its second quarter financial […] READ MORE: https://www.newcannabisventures.com/valens-q2-revenue-drops-45-sequentially-to-17-6-million/
MedMen Reports Third Quarter Fiscal 2020 Financial Results – Designated News Release Third quarter revenue of $45.9 million, up 41% year over year Corporate SG&A decreased by 35% sequentially and 51% from the prior year period Strengthened balance sheet through combination of equity, debt and sale of non-core assets Achieved first month of positive after-tax […] READ MORE: https://www.newcannabisventures.com/medmen-revenue-increases-4-sequentially-in-q3-to-45-9-million/
Harvest Health & Recreation Inc. Reports First Quarter 2020 Financial Results First quarter revenue was $45.0 million, up 134% from the first quarter 2019 and 19% sequentially Cost cutting measures expected to save $24 million annually PHOENIX, May 20, 2020 /PRNewswire/ — Harvest Health & Recreation Inc. (CSE: HARV, OTCQX: HRVSF), a vertically integrated cannabis […] READ MORE: https://www.newcannabisventures.com/harvest-health-generates-45-million-revenue-in-q1-and-projects-200-million-for-the-full-year/