Tag: Top Cannabis Stocks

MariMed Consolidation Continues with Acquisition of Illinois Cannabis Businesses

NORWOOD, Mass., Oct. 21, 2019 (GLOBE NEWSWIRE) — MariMed Inc. (OTCQX: MRMD) today announced that the Illinois Department of Financial and Professional Regulation has approved the transfer of ownership of its two cannabis-licensed clients, KPG Anna and KPG Harrisburg. The completion of these previously announced transactions will allow MariMed to report the operational results of these businesses in their consolidated…

THC purchases an additional lot in its current Kelowna location

VANCOUVER , Oct. 21, 2019 /CNW/ – THC BioMed Intl Ltd. (“THC” or the “Company”) (THC.CN) announces that it has purchased, through its subsidiary THC BioMed Ltd., an additional strata lot in the industrial complex in Kelowna it currently occupies. THC previously announced the purchase of additional strata units in the same building in July, April, March and January of this year and in December, October, and June of 2018. THC purchased…

Canopy Growth to provide medical cannabis to Luxembourg and UK

Canadian cannabis company Canopy Growth Corp. said MOnday it has become the exclusive supplier of medical cannabis to Luxembourg in a deal that extends through Dec. 31, 2021. Luxembourg launched a medical cannabis program by decriminalizing it for patients with severe unmet needs in 2018. The Duchy is also expected to fully legalize the production and consumption of recreational cannabis…

High Tide Exceeds $797,000 in Systemwide Retail Cannabis Store Sales for the 3-Day Period Celebrating the First Anniversary of Legalization

CALGARY , Oct. 21, 2019 /CNW/ – High Tide Inc. (“High Tide” or the “Company”) (HITI.CN) (HITIF) (2LY.F), an Alberta -based, retail-focused cannabis corporation enhanced by the manufacturing and wholesale distribution of smoking accessories and cannabis lifestyle products, today announced over $797,000 in systemwide gross sales from the 26 branded Canna Cabana and KushBar retail cannabis stores from Thursday, October…

The Week In Cannabis: Good Policy News, Mixed Stock Performance, Strong Week For ETFs

On the markets front, Cronos Group Inc (NASDAQ: CRON) posted gains of up to 40% on Wednesday’s after-hours session. Aphria Inc (TSX: APHA) (NYSE: APHA) went on a rally after reporting net first-quarter revenue of CA$126.1 million ($95.3 million), up 849% year-over-year, on revenue for adult-use cannabis of CA$20million, up 8% quarter-over-quarter. The company posted positive adjusted EBITDA of CA$1…