Breaking News Feeds

Latest Breaking News for Cannabis Stock Headlines

Jushi Holdings Inc. Provides Update on Acceleration of Warrants Expiry Date

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:

Zenabis Taps TD for $60 Million Debt Facility

Zenabis Announces $60m Committed Revolving Credit Facility to Refinance Senior Debt held by Sundial Growers VANCOUVER, BC, Jan. 22, 2021 /CNW/ – Zenabis Global Inc. (TSX:ZENA) (“Zenabis” or the “Company”) is pleased to announce that it has entered into a credit agreement (the “Credit Agreement”) with a Canadian private debt fund (the “Agent”), as agent on behalf of certain lenders, […] READ MORE:

UPDATE: Aurora Cannabis $125 million capital raise may not be enough if it’s serious about the U.S.: Jefferies analyst

Aurora Cannabis Inc.’s $125 million bought-deal financing is not surprising, but may not be enough for the Canadian company to establish a needed foothold in the U.S., Jefferies analyst Owen Bennett said Friday. “Following ACB’s recent business update and restructured credit facility, we flagged a risk of underinvestment,” Bennett wrote in a note to clients. Since that update, “US political…

420 with CNW — Incoming DNC Chair Could Be Pro-Cannabis Legalization

On Thursday, party leaders are expected to confirm former South Carolina Democratic Party Chair Jaime Harrison as the lead for the Democratic National Committee. If confirmed, Harrison, who is President Joe Biden’s preferred pick, will be responsible for coordinating national political activities for Democrats. The DNC is a strong supporter of cannabis legalization. Harrison had made a run for Senate…

420 with CNW — Colorado Cities Mull Legalizing Cannabis Delivery

Although the coronavirus pandemic devastated most industries and ground commerce to a near-complete standstill, the cannabis sector weathered the storm with relatively few losses. It was one of the few sectors deemed essential and allowed to continue operations amid lockdown orders, with cannabis businesses reporting month over month sales records for most of the year. To keep staff and customers,…

FluroTech Announces Closing of Oversubscribed $2.5 Million Private Placement Financing and Announces Communications Engagement for Investor Relations Services

CALGARY, Alberta, Jan. 21, 2021 (GLOBE NEWSWIRE) — FluroTech Ltd. (TSXV: TEST) (OTCQB: FLURF) (“FluroTech” or the “Company”), is pleased to announce that it has closed the second and final tranche of its previously announced non-brokered private placement (the Offering”). 15,644,844 Units were sold under the second tranche, which together with the 3,105,182 Units sold under the first tranche, resulted in an aggregate of 18,750,026…

Aurora Cannabis Raises $125 Million at $10.50

Aurora Cannabis Inc. Announces US$125 Million Bought Deal Financing EDMONTON, Alberta, Jan. 21, 2021 (GLOBE NEWSWIRE) — Aurora Cannabis Inc. (“Aurora” or the “Company”) has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets and ATB Capital Markets, under which the underwriters have agreed to […] READ MORE:

Alcanna Spin-Out Sets Out to Dominate Retail in Canada’s Cannabis Value Segment

Exclusive Interview with Nova Cannabis CEO Darren Karasiuk Cannabis has been a secondary focus for liquor retailer Alcanna (TSX: CLIQ) (OTC: LQSIF). But now, the company is spinning out its retail cannabis business and combining it with YSS Corp. (TSXV: YSS) (OTC: YSSCF) to form Nova Cannabis. The new cannabis retail business will focus on […] READ MORE:

Why Aurora Cannabis Stock Dropped Today

Shares of Aurora Cannabis (NYSE: ACB) were down 4.9% as of 12:15 p.m. EST on Thursday. A recent sales distribution agreement has the company further trimming staff as it continues on its transformation plan. Shares of the Canadian marijuana grower jumped last week, after it announced a new agreement with Great North Distributors that Aurora said will “significantly bolster” its…

CannabisNewsBreaks – Plus Products Inc.’s (CSE: PLUS) (OTCQX: PLPRF) Sour Watermelon UPLIFT Gummies Recognized as LeafLink’s Best-Selling California Edible for 2020

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a cannabis and hemp-branded products company in the United States, today announced that LeafLink, a platform that connects 1,700+ cannabis brands with over 5,600 licensed retailers, recognized PLPRF’s Sour Watermelon UPLIFT gummies as the best-selling cannabis edible in the California market. The gummies also secured a spot in the top five best-selling edible products…