Aurora Cannabis (ACB) investors are a resilient lot. The Canadian cannabis producer is notorious for diluting its shares via cash raising efforts. The company has continually burnt a hole through its reserves, and the share count has ballooned over the years as it has attempted to put the fires out. Its latest move has involved another attempt to pad the…
More than a year after the coronavirus pandemic emerged in Wuhan, China, and brought the world to its knees, scientists have successfully developed a COVID-19 vaccine. However, demand for the vaccine far outweighs the supply, forcing governments to implement vaccination programs in phases and vaccinate their populations based on urgency and priority. In the United States, essential workers are among…
Jushi Holdings Inc.’s BEYOND / HELLO to Open Its 14th Dispensary Nationally and Fourth in Illinois: BEYOND / HELLO™ Bloomington BEYOND / HELLO™ Bloomington to Begin Serving Adult-Use Cannabis Consumers on Jan. 26, 2021 BOCA RATON, Fla., Jan. 22, 2021 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCMKTS: JUSHF), a […] READ MORE: https://www.newcannabisventures.com/jushi-holdings-opens-fourth-illinois-cannabis-retail-store/
Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary November data in Canada and the U.S. showed year-over-year cannabis sales growth to be robust but slowing. Arizona adult-use sales commenced. Health Canada added 6 new licenses. 420 Investor model portfolios […] READ MORE: https://www.newcannabisventures.com/whats-new-with-cannabis-stocks-for-the-week-ending-01-22-21/
GRYN positioning itself for rapid growth in 2021 Retaining expert counsel with innate understanding of cannabis law is necessary step as company builds highly differentiated business model Green Hygienics’ growth strategy includes rollout of omnichannel bricks-and-clicks program featuring multiple premium brands As Green Hygienics Holdings (OTCQB: GRYN) wraps up its first successful crop harvest and enters the wholesale retail stage…
Choice Consolidation Corp. Files Preliminary Prospectus for U.S.$100,000,000 Initial Public Offering SPAC to be led by a management team with significant cannabis industry M&A and operational experience TORONTO, Jan. 22, 2021 /CNW/ – Choice Consolidation Corp. (the “Corporation”) has filed a preliminary prospectus for an initial public offering (the “Offering”) as a newly-organized special purpose […] READ MORE: https://www.newcannabisventures.com/former-cresco-labs-and-gti-execs-file-100-million-spac-ipo/
Although the Canadian equity markets are trading closer to their all-time high, the rally in the following three stocks could continue, given their large addressable market and expanding market share. Canopy Growth Boosted by Democrats taking control of both Senate and House and the five states in the United States legalizing their cannabis programs, Canopy Growth (TSX:WEED)(NYSE:CGC) stock has risen 69.5% since the…
Sales of 1-gram cannabis flower packages tumbled in multiple North American marijuana markets last year, likely related to consumers who shopped less often because of the COVID-19 pandemic but made larger purchases when visiting a dispensary. The shift away from 1-gram packages offers implications for both retailers and producers trying to keep up with shifting consumer preferences sparked by the pandemic.…
Shares of Canadian cannabis grower Aurora Cannabis (NYSE: ACB) dropped today after the company announced a new share offering. Aurora announced that it will be issuing 12 million new shares, plus additional warrants to purchase shares. Aurora will use the $125 million in proceeds “for general corporate purposes, which may include opportunistically reducing debt.” READ MORE: https://finance.yahoo.com/m/9d25c618-8d54-345d-bf7e-9e1c0f7cddba/here%27s-why-aurora-cannabis.html?.tsrc=rss
Aurora Cannabis (NYSE: ACB) announced yesterday that it has raised $125 million by issuing 12 million units priced at $10.45 each through a financing strategy called a “bought deal.” The units are one share of the marijuana grower’s stock and one half of a share’s purchase warrant that can be exercised anytime over the next three years to acquire a…
DENVER–(BUSINESS WIRE)–HempFusion Wellness Inc. (TSX:CBD.U) (FWB:8OO) (“HempFusion” or the “Company”), a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition, will celebrate the Company’s listing on the Toronto Stock Exchange (“TSX”) by virtually ringing the TSX opening bell at 9:30 a.m. ET today. As previously announced, HempFusion completed its $17,000,000 initial public offering and commenced…
Acceleration of warrants results in approximately USD$11 million in gross proceeds to the Company BOCA RATON, Fla., Jan. 22, 2021 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCMKTS: JUSHF), a vertically integrated, multi-state cannabis operator, provided an update on its previously announced acceleration of warrants expiry date issued in conjunction […] READ MORE: https://www.newcannabisventures.com/jushi-holdings-inc-provides-update-on-acceleration-of-warrants-expiry-date/