Marijuana Stocks Canada’s Hexo to Enter the United States with Colorado Facility by Sophia Vida May 18, 2021 Canadian marijuana producer Hexo Corp. is entering the United States with the purchase of a Colorado facility. The company has entered purchase and sale agreements for a 50,000-square-foot cannabis production facility in northe...
Marijuana Stocks Sundial’s Recreational Cannabis Revenue Sinks Nearly 40% by Sophia Vida May 14, 2021 Sundial, which trades under the ticker symbol "SNDL" on the NASDAQ, has revealed that its adult-use cannabis revenue has fallen 38% in the quarter. The company's revenue from recreational cannabis in Canada plunged by more than...
Marijuana Stocks Tilray Shareholders Approve Aphria Merger to Create One of the Biggest Marijuana Companies by Sophia Vida May 03, 2021 It was this past Friday that Tilray Inc. shareholders voted to approve its proposed merger with Aphria Inc., a move that would create the world's biggest cannabis company measured by revenue. The vote comes after an April 14th ...
Marijuana Stocks Is Tobacco King Philip Morris Looking at the Marijuana Market? by Sophia Vida April 30, 2021 Multinational tobacco giant Philip Morris is reportedly looking into marijuana market opportunities. According to a report, the New-York based company had told Bloomberg that it is looking at the potential pharmaceutical and co...
Marijuana Stocks Aphria is Looking to Grow Beyond Cannabis by Doing This by Sophia Vida April 13, 2021 Cannabis company Aphria saw its shares collapse in Monday's trading session after the company had revealed that the coronavirus lockdowns in some parts of Canada and Germany had hurt its sales in the third quarter. Shares were ...
Marijuana Stocks Marijuana Company Sundial Receives “Neutral” Rating from Cantor by Sophia Vida March 12, 2021 Canadian cannabis company Sundial Growers Inc. has been given a "neutral" rating by Cantor Fitzgerald this week. "Thus, even though fundamentals have remained mixed, with an ongoing market-share loss according to the latest sca...
Marijuana Stocks Canopy Growth Files $2B Shelf Prospectus by Sophia Vida February 26, 2021 In what is believed to be the largest prospectus by a cannabis company, Canada's Canopy Growth has filed a $2 billion shelf prospectus. The preliminary short-form base shelf prospectus enables the company to raise up to $2 bill...
Marijuana Stocks Ascend Buys Most of MedMen’s NY Cannabis Operation for $63M by Sophia Vida February 26, 2021 In a $63 million acquisition, Ascend Wellness Holdings of Massachusetts has acquired most of MedMen Enterprise's New York cannabis operations. Multistate operator Ascend Wellness Holdings has an option to acquire the remaining ...
Marijuana Stocks Cannabis Company Agrify Prices Share Offering to Raise $75M by Sophia Vida February 19, 2021 Cannabis firm Agrify, a developer of highly advanced and proprietary precision hardware and software grow solutions for the indoor agriculture marketplace, has announced the pricing of an underwritten public offering of 5,555,555 ...
Marijuana Stocks Canopy Just Took a Huge Loss on BC Cannabis Greenhouses by Sophia Vida February 15, 2021 Canadian marijuana giant Canopy Growth has taken a huge loss as it unloads British Columbia cannabis green houses. The Ontario-based company has sold off two facilities in British Columbia that were once considered by Canopy to...
