Newsfeeds Archive - Page 15 of 32

2 minute read

Balancing Between FDA Concerns And Industry Stability: CBD Industry Veterans Launch Alliance

September 19, 12:31 PM

A historic alliance of top cannabidiol (CBD) companies advocating for legislation and FDA regulation of hemp-derived CBD products as dietary supplements launched Tuesday.

CWBHF

2 minute read

Safe Harbor Launches New Line Of Credit Products For Cannabis Businesses

By Nina Zdinjak

September 19, 9:18 AM

SHF Holdings, Inc., doing business as Safe Harbor Financial (NASDAQ: SHFS), a facilitator of financial services and credit solutions for the cannabis industry is launching a new portfolio of line of credit products available to cannabis businesses nati

SHFS

2 minute read

New York Cannabis Giant Has A New Name And Brand Identity

By Nina Zdinjak

September 19, 8:45 AM

Publicly-traded cannabis company Columbia Care Inc. (NEO: CCHW) (OTCQX: CCHWF) (FSE: 3LP) confirmed Monday its change in legal name to The Cannabist Company Holdings Inc. and will rebrand to The Cannabist Company.

CCHWF

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Publicly-Traded Vape-Tech Company Posts 100.4% YoY Growth In Revenue For Pot Products

By Nina Zdinjak

September 19, 8:23 AM

Vape-tech company Ispire Technology Inc. (NASDAQ: ISPR) reported Monday financial results for the fiscal year 2023, which ended on June 30, 2023 revealing 100.4% growth in revenue from cannabis products year-over-year, reaching $40 million.

ISPR

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Canopy Growth Stock Plunges In Pre-Market On Trying To Raise $50M To Strengthen Finances

By Nina Zdinjak

September 18, 9:10 AM

Canadian cannabis giant Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) entered Monday into subscription agreements with certain institutional investors in a private placement offering of 22.93 million units at a price of $1.09 per unit.

CGC

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Global Weed Brand To Buy Australian Vaporizes For $1.7M In Shares

By Nina Zdinjak

September 18, 7:42 AM

Cannabis company Flora Growth Corp. (NASDAQ: FLGC) has signed a definitive agreement Monday to buy Australian Vaporizers Pty Limited from a health-tech company, Lifeist Wellness Inc. (TSXV: LFST) (FRANKFURT: M5B) (OTCMKTS: LFSWF), a health-tech company.

FLGC

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Canadian Marijuana Stock Posts 133% YoY Revenue Growth, But Also 124% Higher Net Loss In Q2

By Nina Zdinjak

August 18, 11:07 AM

Candian marijuana operator Adastra Holdings Ltd. (OTC: XTXXF)(CSE:XTRX)(FRA:D2EP) reported Thursday financial results for the three months ended June 30, 2023, disclosing net revenue of CA$7.1 million, up by 132.68% year-over-year.

CSE:XTRX

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Federally-Licensed Marijuana Grower Posts Quarterly Earnings Report, No Revenues Yet

By Nina Zdinjak

August 18, 10:00 AM

Bright Green Corporation (NASDAQ: BGXX), one of few companies selected by the U.S.

BGXX

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Pot Giant To Sell Its Facility Back To Hershey Canada For CA$53M, All Part Of Its ‘Asset-Light’ Strategy

By Nina Zdinjak

August 17, 9:54 AM

Canadian marijuana giant Canopy Growth Corporation (TSX: WEED)(NASDAQ: CGC) entered into an agreement to sell its Hershey Drive facility in Smiths Falls, Ontario, as part of the company's transformation to a simplified, asset-light operating model.

CGC

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This Pot Stock Significantly Shrinks Its Quarterly Loss, Sees 28% YoY Revenue Growth, Projects Positive Free Cashflow For Full Year

By Nina Zdinjak

August 17, 8:23 AM

Canadian cannabis company Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) reported Wednesday its financial results for the second quarter ended June 30, 2023, revealing a record net revenue of CA$11.3 million ($8.37 million), up by 28% year-over-year and also sequentially.

ROMJF