Search: Cannabis

Why Aurora Cannabis (ACB) Stock Looks Attractive

Aurora Cannabis (ACB) announced it has made a big move into the U.S. market via its acquisition of Reliva, LLC, one of the major players in America.The company said the at close the deal will be “immediately accretive to shareholders on an adjusted EBITDA basis.”In this article we’ll look at some of the strengths the two companies will complement each…

Vireo Health Narrows Focus to Six Robust Cannabis Markets Offering Potential Legalization

Exclusive Interview with Vireo Health CEO Dr. Kyle Kingsley Multi-state operator Vireo Health (CNSX: VREO) (OTCQX: VREOF) realigned its strategy to focus on six core U.S. markets: Arizona, Maryland, Minnesota, New Mexico, New York and Pennsylvania. Founder, CEO and Chairman of the Board Kyle Kingsley, MD, spoke with New Cannabis Ventures about the potential for […] READ MORE: https://www.newcannabisventures.com/vireo-health-narrows-focus-to-six-robust-cannabis-markets-offering-potential-legalization/

CannabisNewsBreaks – SinglePoint, Inc. (SING) Attributes Majority of 300% Revenue Growth to Direct Solar Acquisition, Q4 Projects

SinglePoint (OTCQB: SING) today announced the filing of its quarterly financials for the period ending March 31, 2020. According to the update, the company reported total sales of $1,075,222, representing a 300% increase compared to the same period in 2019. SinglePoint attributes the majority of the revenue to the acquisition of Direct Solar America and the backlog of projects developed…

CannabisNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Announces Revised Date for Release of Financial Results for Q4 and Fiscal Year 2020

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, today announced a revised date for the reporting of its financial results for the fourth quarter and fiscal year ended March 31, 2020, now scheduled for release before markets open on Wednesday, June 3, 2020. According to the update, following release of its results, Canopy Rivers will…

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Launches Highly Dutch Organic Brand in Quebec

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium, certified-organic cannabis, this morning announced that it has made its first shipment of Highly Dutch, the company’s new, mainstream brand designed for regular users. As of today, Highly Dutch is now available in Quebec in its Rotterdam OG Indica strain and will become available in additional…

You’ve Heard Of D2C. Here’s Why i2c May Be The Better Way for Cannabis Brands To Go

In 2011, Dollar Shave Club burst onto the scene. The company was at the forefront of a group of new brands leveraging a direct-to-consumer (“D2C”) model, whereby brands would bypass retailers and sell directly to their fan base. Manufacturing, marketing, selling, and shipping was all executed in-house. The strategy worked. In 2016, Unilever bought Dollar Shave Club for $1 billion in…

PEI has opened its cannabis stores — with one head-scratching restriction

Prince Edward Island required its four licensed cannabis retail locations to take protective measures when they reopened May 22, but wearing masks was reportedly not among them. Beyond allowing only “limited access,” namely restricting the number of location occupants, mandatory measures in PEI Cannabis stores included having physical distancing both inside and outside stores, general screening regarding compliance with self-isolation…

Cresco Labs Expands in Ohio Medical Cannabis Market by Acquiring Four Dispensaries

Cresco Labs Strengthens Position in Robust Ohio Market With Transaction to Acquire Four Additional Operating Dispensaries CHICAGO, May 26, 2020–(BUSINESS WIRE)–Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or “the Company”), one of the largest vertically integrated multi-state cannabis operators in the United States, announced today that it has entered into agreements with Verdant Creations, LLC and its affiliates […] READ MORE: https://www.newcannabisventures.com/cresco-labs-expands-in-ohio-medical-cannabis-market-by-acquiring-four-dispensaries/