Clinical-stage psychedelics biotech Cybin Inc. (NYSE: CYBN) has announced a new underwritten offering of 66.66 million units to one of its largest institutional shareholders as well as new institutional investors.
TerrAscend Corp. (OTC: TSNDF) displayed significant growth in the third quarter, with expectations of maintaining this momentum into the fourth quarter. This growth is attributed primarily to the adult-use conversion in Maryland and increased efficiency, leading to an improvement in EBITDA margins.
Curaleaf Holdings Inc. (OTC: CURLF), a leader in the global cannabis market, recently released its Q3 2023 earnings report, revealing complex industry dynamics.
In the wake of TerrAscend Corp. (OTC: TSNDF)'s impressive third-quarter earnings, several analysts have revised their ratings and price targets, signaling renewed optimism for the cannabis company's prospects.
Hydrofarm Holdings Group, Inc. (NASDAQ: HYFM) announced its financial results on Thursday for the third quarter ended Sept. 30, 2023, revealing a nearly 27% year-over-year net sales drop to $54.2 million.