Investing

Green Thumb Industries Raises US$56,000,000 Selling Approximately 1.6 Million Shares in the U.S.

CHICAGO and VANCOUVER, British Columbia, Feb. 23, 2021 (GLOBE NEWSWIRE) — Green Thumb Industries Inc. (“Green Thumb”) (CSE: GTII) (OTCQX: GTBIF), a leading cannabis consumer packaged goods company and owner of Rise Dispensaries, today announced that it raised approximately $56,000,000 from the Form S-1 registration statement relating to the potential sale of up to 10,000,000 of its subordinate voting shares…

Wabi Sabi Brands Enters National Medical Cannabis Market via Supply Agreement with CannMart, a Subsidiary of Namaste Technologies

Calgary, Alberta–(Newsfile Corp. – February 12, 2021) – WABI SABI BRANDS LTD. (the “Company” or “Wabi Sabi”), an Alberta-based manufacturer of fine cannabis edible confections, is pleased to announce that it has signed a supply agreement with CannMart Inc., a subsidiary of Namaste Technologies Inc. (TSXV: N) (“CannMart”), which will offer Wabi Sabi’s artisan cannabis edible products on CannMart’s online…

Green Thumb Industries Announces Initial Public Offering in the U.S. to Raise US$100,000,000

First Public Sale of Equity Registered with the U.S. Securities Exchange Commission by Green Thumb Industries CHICAGO and VANCOUVER, British Columbia, Feb. 09, 2021 (GLOBE NEWSWIRE) — Green Thumb Industries Inc. (“Green Thumb”) (CSE: GTII) (OTCQX: GTBIF), a leading cannabis consumer packaged goods company and owner of Rise Dispensaries, today announced that its Form S-1 registration statement relating to the…

Namaste Technologies Advances USA Expansion Plans with TSX Exchange Approval to Proceed

– www.cannmart.com to go-live for U.S. Customers with smoking accessories and hemp-derived CBD by the end of February 2021 – TORONTO, Feb. 09, 2021 (GLOBE NEWSWIRE) — Namaste Technologies Inc. (“Namaste” or the “Company”) (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF), a marketplace platform for cannabis and wellness products, is pleased to announce receipt of approval from the TSX Venture Exchange (the “Exchange”) to engage in the…

Village Farms International Completes US$135 Million Registered Direct Offering

VANCOUVER, BC, Jan. 20, 2021 /CNW/ – Village Farms International, Inc. (“Village Farms” or the “Company“) (NASDAQ: VFF) (TSX: VFF), announced today that it has closed its previously announced registered direct offering with certain institutional investors for the purchase and sale of an aggregate of 10,887,097 common shares at a purchase price of US$12.40 (approximately CA$15.70) per unit for gross proceeds of approximately US$135 million (approximately CA$171…

Planet 13 Holdings Inc. Announces Upsize to Bought Deal Public Offering

LAS VEGAS, Jan. 12, 2021 /CNW/ – Planet 13 Holdings Inc. (“Planet 13” or the “Company“) (CSE: PLTH) (OTCQB: PLNHF) is pleased to announce that it has amended the terms of its previously announced offering of units of the Company. Under the amended terms of the Offering (as defined below), a syndicate of underwriters (the “Underwriters“) co-led by Beacon Securities Limited (“Beacon“) and…

Indiva Provides Guidance of Record Net Revenue for Fiscal Q4 2020

Indiva Continues to Lead the Edibles Market Nationally LONDON, Ontario, Jan. 13, 2021 (GLOBE NEWSWIRE) — Indiva Limited (the “Company” or “Indiva”) (TSXV:NDVA) (OTCQX:NDVAF), the leading Canadian producer of cannabis edibles and other cannabis products, is pleased to announce that it expects record net revenue in fiscal Q4 2020 in the range of $6.9 to $7.2 million. This represents greater…

Indiva Reports Record Market Share and Production for November 2020

Rob Carse Promoted to Chief Operating Officer LONDON, Ontario, Dec. 10, 2020 (GLOBE NEWSWIRE) — Indiva Limited (the “Company” or “Indiva”) (TSXV:NDVA) (OTCQX:NDVAF), the leading Canadian producer of cannabis edibles, is pleased to announce record market share and record production for the month of November. At its London facility, Indiva produced more than 1 million finished units of edible products…

Harvest One Expands Distribution for LivRelief Infused Topicals

Vancouver, British Columbia–(Newsfile Corp. – December 8, 2020) – Harvest One Cannabis Inc. (TSXV: HVT) (OTCQX: HRVOF) (“Harvest One” or the “Company“) a uniquely positioned cannabis-infused CPG company, is pleased to announce that, with the addition of its new provincial agreement with Cannabis New Brunswick, Harvest One has now expanded distribution of its LivRelief topicals across Canada. LivRelief infused topical…

Namaste Technologies Announces Proposed Transaction to Take Ownership of CannMart Labs to 100%

~Namaste to acquire remaining 49% of CannMart Labs as it works through the final phase of its application for a processing licence from Health Canada~ TORONTO, Nov. 18, 2020 /CNW/ – Namaste Technologies Inc. (“Namaste” or the “Company”) (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF), a leading platform for cannabis products, accessories, and education, is pleased to announce it has entered into a share purchase agreement…

Green Thumb Industries Reports Revenue of $157.1 Million and Positive Net Income of $9.6 Million or $0.04 Per Share for Third Quarter 2020

Adjusted Operating EBITDA increased 50 .2 % to $53 .2 million , or 3 3.9 % of revenue , quarter-over-quarter driven by continued operational scale and increased operating leverage R evenue increased 31 .3 % quarter-over-quarter and 1 31 .1 % year-over-year to $157 .1 million N ew milestone of positive net income of $ 9.6 million or $0.0 4 per basic and diluted share P ositive cash flow from operations for the third consecutive quarter Strong balance sheet and financial flexibility will support continued growth in 2021 CHICAGO and VANCOUVER, British Columbia, Nov. 11, 2020…

WeedMD Enters into Binding Term Sheet for $30 Million Credit Facility with LiUNA Pension Fund and Changes Filing Date of Second Quarter 2020 Financials to September 30, 2020

Non-dilutive financing to fund continued growth including accelerating sales of Color Cannabis adult-use products and Starseed’s unique medical service offerings to payor groups and patients Company financials will now be filed on September 30, 2020 with management–hosted earnings call on October 1, 2020 at 10 a.m. EST TORONTO, Sept. 23, 2020 (GLOBE NEWSWIRE) — WeedMD Inc. (TSX-V:WMD) (OTCQX:WDDMF) (FSE:4WE) (“WeedMD” or the “Company”), a…