Jan 18, 2021
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Aurora Cannabis Lays Off Hundreds of Workers
Marijuana Stocks

Aurora Cannabis Lays Off Hundreds of Workers

by Sophia Vida December 17, 2020
Marijuana cannabis producer Aurora Cannabis has laid off a little over 200 workers in an effort to reduce its production at its flagship cannabis greenhouse in Edmonton, Alberta, Canada. According to Marijuana Business Daily, t...
Verano Holdings Plans to Go Public This Month with an Almost $3B Valuation
Marijuana Stocks

Verano Holdings Plans to Go Public This Month with an Almost $3B Valuation

by Sophia Vida December 08, 2020
Verano Holdings LLC, a U.S. multi-state cannabis operator is aiming to go public before the year ends with a staggering valuation of nearly $3 billion. Verano was founded in 2014 and operates its cannabis business in 14 states ...
Cannabis MSO Acreage Signs a $12M Loan to Expand its Illinois Operation
Marijuana Stocks

Cannabis MSO Acreage Signs a $12M Loan to Expand its Illinois Operation

by Sophia Vida December 04, 2020
Multistate cannabis operator Acreage Holdings announced this week that it has agreed to a $12 million construction loan to complete the expansion of its cultivation and processing facility in the Illinois market. The company fi...
Canopy Growth Posts Smaller Than Expected Loss in Q2
Marijuana Stocks

Canopy Growth Posts Smaller Than Expected Loss in Q2

by Sophia Vida November 10, 2020
Canadian marijuana producer Canopy Growth reported its second quarter financial results on Monday with share prices soaring as a result. The world's largest pot producer posted a loss in the period of 9 cents a Canadian share v...
Cronos Shares Soar as Company Tops Third Quarter Financial Forecasts
Marijuana Stocks

Cronos Shares Soar as Company Tops Third Quarter Financial Forecasts

by Sophia Vida November 06, 2020
Shares of marijuana company Cronos Group soared on Thursday after the company topped third quarter financial results. For the quarter the Canadian pot producer's overall net income was $68.5 million. This was helped by a $105.3...
Illinois Sets A Sales Record in Marijuana Sales in September
Marijuana Stocks

Illinois Sets A Sales Record in Marijuana Sales in September

by Sophia Vida October 08, 2020
Illinois has been seeing big sales each month since legalizing recreational marijuana back in January. The state has broken another record for marijuana sales in September, selling nearly $100 million in combined adult-use and ...
Marijuana Company Aphria to Move from NYSE to NASDAQ
Marijuana Stocks

Marijuana Company Aphria to Move from NYSE to NASDAQ

by Sophia Vida May 26, 2020
This week Wall Street learned that Canadian cannabis company Aphria Inc. will be transferring its stock from the New York Stock Exchange to the NASDAQ exchange after the market closes on June 5th. “This move is a reflection o...
Aurora Cannabis Falls After 1-for-12 Reverse Stock Split
Marijuana Stocks

Aurora Cannabis Falls After 1-for-12 Reverse Stock Split

by Sophia Vida May 13, 2020
Shares of marijuana producer Aurora Cannabis were falling on Monday, the first day of trading for the company after it went through a 1-for-12 reverse stock split. It was in April that Aurora proposed to execute the split after...
Curaleaf to Acquire Colorado Edibles Maker BlueKudu
Marijuana Stocks

Curaleaf to Acquire Colorado Edibles Maker BlueKudu

by Sophia Vida March 03, 2020
Marijuana giant Curaleaf will be acquiring Denver-based edibles manufacturer Bluekudu according to an announcement on Monday. BlueKudu, which is known for its infused chocolates and gummies, was founded in 2011 with the hope of...
High Times Magazine to Make Wall Street Debut This Year
Marijuana Stocks

High Times Magazine to Make Wall Street Debut This Year

by Sophia Vida February 25, 2020
With how popular marijuana has become on Wall Street with a slew of pot stocks debuting in recent years, it only makes sense that High Times Magazine would want a piece of the action. The parent company of the magazine which hi...

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