Tag: watchlist

Supreme Cannabis Signs LOI with Malta Enterprises for Cannabis License

MARCH 11, 2019 Letter of intent is the first step to obtain a cannabis production license in Malta. Malta is strategically located to serve export markets throughout Europe. TORONTO, March 11, 2019 /CNW/ – The Supreme Cannabis Company, Inc.  (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced that the Company has signed a letter of intent with Malta Enterprises, the economic…

Aurora Cannabis Provides Update on its Strategic Investment in Choom

Edmonton, AB – March 7, 2019 – Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB) (Frankfurt: 21P; WKN: A1C4WM) today provided an update on its strategic investment in Choom Holdings Inc. (“Choom”) (CSE: CHOO), an emerging consumer cannabis company that has secured one of the largest retail networks in Canada. Since Aurora completed its $27 million investments in the Choom private…

SUNNIVA ANNOUNCES CLOSING OF SECOND TRANCHE OF CONVERTIBLE DEBT FINANCING

VANCOUVER, BC – March 4, 2019 – Sunniva Inc. (CSE:SNN) (OTCQB:SNNVF), a North American provider of cannabis products and services, is pleased to announce that it has closed the second tranche of the Company’s non-brokered offering of convertible debentures for an additional CAD $3,288,125 million, bringing total gross proceeds raised by the Financing to CAD $18,330,180 million. As previously disclosed, this Financing provides additional…

MedMen Reports Second Quarter Fiscal Year 2019 Financial Results

Increased revenue sequentially by 39% to $29.9 million. Continued to perform favorably in California with eight retail locations reporting a combined $23.7 million in revenue, representing a 28% quarter-over-quarter increase. Increased overall gross profit margin to 53%, compared to 45% in the previous quarter. Appointed key personnel to the management team, including Michael Kramer as CFO. During the quarter, closed…

Sunniva Announces Completion of $15 Million Convertible Debenture Financing

VANCOUVER, BC – February 13, 2019 – Sunniva Inc. (CSE:SNN) (OTCQB:SNNVF), a North American provider of cannabis products and services, is pleased to announce the completion of the previously announced non-brokered offering (the “Financing”) of convertible debentures (“Convertible Debentures”). The originally announced $10 million Financing was over-subscribed with gross proceeds received of CAD $15,042,055. This Financing provides additional working capital…

Supreme Cannabis Announces Q2 2019 Financial Results

TORONTO, Feb. 12, 2019 /PRNewswire/ – The Supreme Cannabis Company, Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), announced the release of its financial and operating results for the three and six months ended December 31, 2018. (An abbreviated version of the statements is presented here. For the full statements and MD&A, visit SEDAR https://www.sedar.com/ -Ed) Q2 2019 Financial and Operational…

Utopia product

Origin House Signs Exclusive Distribution Agreement and Provides Strategic Financing to Utopia Cannabis

Ottawa, Canada – January 30, 2019 – CannaRoyalty Corp. d/b/a Origin House (CSE: OH) (OTCQX: ORHOF), today announced that it has agreed to provide additional strategic financing of US$750,000 to Utopia Cannabis, an award-winning California-based cannabis brand. The funds have been advanced towards the purchase of Utopia-branded manufactured products including cannabis flower, concentrate, edibles and PAX pods. Origin House’s distribution subsidiary, RVR…

Emerald Health Closes Emerald Health Naturals Joint Venture

VICTORIA, British Columbia, January 10, 2019 – Emerald Health Therapeutics, Inc. (TSXV:EMH; OTCQX:EMHTF)  announced that, further to its news releases dated April 17,2018 and November 19, 2018, it has closed its 51:49 joint venture (the “Joint Venture”) with San Diego-based Emerald Health Bioceuticals (“EHB”), called Emerald Health Naturals (“EHN”). Emerald has invested $5,000,000 for 51% equity ownership of EHN. EHB has…

SUPREME CANNABIS RECEIVES CONDITIONAL APPROVAL TO LIST ON THE TORONTO STOCK EXCHANGE

TORONTO, Jan. 9, 2019 /CNW/ – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSXV: FIRE) (OTCQX: SPRWF) (FRA: 53S1) announced today that it has received conditional approval from the Toronto Stock Exchange (the “TSX”) to graduate from the TSX Venture Exchange (“TSXV”) and list its common shares on the TSX. The Supreme Cannabis Company, Inc. (CNW Group/The…

48North Has Two Major Announcements

Shares of 48North Cannabis Corp (TSXV:NRTH) are up 9 cents to $0.54, up 18% from Friday’s close and bucking the overall downward trend of North American cannabis stocks this morning on the major exchanges, following the announcement of two developments.  First, the company announced today that it has entered into two agreements with Canopy Growth Corporation (“Canopy Growth”) (TSX:WEED, NYSE:…

Cannabis Daily’s Top 35 Stocks Now Updated

November 30, 2018 – Cannabis Daily has recently updated its cannabis stock tracking widget.  Check the CD Top 35 Stocks in the main menu. We now cover 35 cannabis stocks, but the list may grow or contract depending upon IPO’s of new cannabis stocks or market activity of the selected stocks.  The stocks are listed in descending order of market…

Biome Grow’s Announcement in Newfoundland Demonstrates its Large-Scale Commitment to Atlantic Canada

Opinion Editorial By Eric Vengroff, Financial Analyst, Cannabis Daily While some of Canada’s best-known names in the cannabis industry were grabbing most of the sunshine in the media, Biome Grow (CSE:BIO) (Frankfurt:6OTA), a late-stage entrant into the cannabis space, but led by a capital markets team that had raised funds for many of the early-stage players, built its game plan…