Deal Strengthens Curaleaf’s Balance Sheet and Liquidity WAKEFIELD, Mass., Jan. 15, 2020 /PRNewswire/ — Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), a leading vertically integrated cannabis operator in the United States, today announced the upsizing and closing of a Senior Secured Term Loan Facility (the “Facility”) from a syndicate of lenders totaling US$300 million. The notes bear interest at a…
OTTAWA, Jan. 17, 2020 (GLOBE NEWSWIRE) — HEXO Corp (“HEXO” or the “Company”) (TSX: HEXO; NYSE: HEXO) today announced it has entered into a definitive agreement with institutional investors for the purchase and sale of 11,976,048 common shares at an offering price of US$1.67 per share for gross proceeds of US$20.0 million before deducting fees and other estimated offering expenses, pursuant…
Guest Post by Frank Colombo, Partner and Chief Risk Officer of Aspen Finance LLC The cannabis debt wave is coming! Despite solid efforts to reduce cash burn, cannabis companies will require significant amounts of financing in 2020 to complete their build-outs and strategic acquisitions but… The equity market is virtually closed to a large swath of […] READ MORE: https://www.newcannabisventures.com/the-importance-of-cannabis-debt-scoring-during-the-capital-crunch/
You’re reading a copy of this week’s edition of the free New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. Sign up to receive a copy in your inbox each Sunday morning. Friends, After a rough start to the year, cannabis stocks exploded higher this week, with the New Cannabis Ventures Global Cannabis […] READ MORE: https://www.newcannabisventures.com/a-sudden-sharp-shift-in-sentiment-for-cannabis-stocks/
Announcement of Periodic Review: Moody’s announces completion of a periodic review of ratings of Constellation Brands, Inc. New York, January 17, 2020 — Moody’s Investors Service (“Moody’s”) has completed a periodic review of the ratings of Constellation Brands, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which…
(Bloomberg) — Move over materials, there’s a new kid on the block. The C$300 billion ($230 billion) industrials group has ousted miners and forestry stocks to become the third-most valuable collection of companies on Canada’s equity market, behind banks and energy.Comprised mainly of transportation, engineering and construction stocks, industrials are generally seen as cyclical stocks and had blockbuster gains last…
Pomerantz LLP announce that a class action lawsuit has been filed against Canopy Growth Corporation (“Canopy” or the “Company”) (NYSE: CGC) and certain of its officers. The class action, filed in United States District Court, for the Southern District of New York, and docketed under 19-cv-11341, is on behalf of a class consisting of investors who purchased or otherwise acquired…
Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have only until January 20, 2020 to file lead plaintiff applications in securities class action lawsuits against Canopy Growth Corporation (NYSE: CGC), if they purchased the Company’s securities between September 8, 2017 and November 13, 2019, inclusive…
Exclusive Interview with Legion of Bloom Co-Founder and Chief Procurement Officer Brandt Collings California cannabis company Legion of Bloom uses a proprietary extraction process to develop its vape products. This year, the company is driving more revenue with cultivation and an expanding distribution platform. Co-Founder and Chief Procurement Officer Brandt Collings spoke with New Cannabis […] READ MORE: https://www.newcannabisventures.com/california-vape-company-legion-of-bloom-will-rely-upon-brand-sales-distribution-and-cultivation-to-drive-2020-revenue/
On Wednesday, the Centre for Medicinal Cannabis (CMC) requested the United Kingdom government to perform an urgent review of the medical marijuana policy regarding marijuana accessibility. The request came after the CMC published the findings of a UK survey. The poll investigated the general public consumption frequency of street-available marijuana in England, Wales, and Scotland. The YouGov survey had 10,602…
Announcement of Periodic Review: Moody’s announces completion of a periodic review of ratings of Constellation Brands, Inc. New York, January 17, 2020 — Moody’s Investors Service (“Moody’s”) has completed a periodic review of the ratings of Constellation Brands, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which…
CIIX CEO said company will employ social media as it markets new CBD products starting March 2020 CIIX subsidiary CBD Biotech Co. focused on driving growth, building online sales to younger demographics in China Goals of CIIX strategy include profitability, expansion of market, maximized impact ChineseInvestors.com Inc. (OTCQB: CIIX) CEO Warren Wang said the company will adopt social media multiplatform…