Marijuana Stocks Marijuana Banking Company Safe Harbor to Debut on the NASDAQ by Sophia Vida February 15, 2022 Cannabis financial institution Safe Harbor, which is led by Sundie Seefried, is on its way to debuting public on the NASDAQ through a $185 million merger deal. The deal will give the company more money to lend to marijuana busi...
Marijuana Stocks Tilray Reports Profitable Second Quarter Results by Sophia Vida January 10, 2022 Cannabis operator Tilray Inc. reported financial results for the second fiscal quarter ended November 30, 2021, this week. Highlights include: Net Revenue Increased ~20% to $155 Million from the Prior Year Quarter Net Inc...
Marijuana Stocks Cannabis Company Springbig is Going Public Via SPAC by Sophia Vida November 09, 2021 The largest Loyalty and Marketing Automation Platform serving the cannabis industry will be going public soon via SPAC. Springbig will list on the NASDAQ through a merger with Tuatara Capital Acquisition Corp. The company's ...
Marijuana Stocks Tilray Snags Big Stake in Cannabis Company Medmen by Sophia Vida August 18, 2021 It looks like Canadian cannabis player Tilray is very optimistic about U.S. legislation on the plant that it has acquired a majority stake in Medmen. California-based MedMen owns and operates 25 retail stores and expects to ope...
Marijuana Stocks Canopy Growth Executives Cashed in Big Bonuses and Raises by Sophia Vida August 03, 2021 Canopy Growth executives may be laughing all the way to the bank as a regulatory filing this week revealed that they had earned raises and bonuses after the company lost CA$1.7 billion. The executives received more than 4 milli...
Marijuana Stocks Tilray CEO Says Marijuana Legislation in America to Happen in Next 18-24 Months by Sophia Vida July 28, 2021 According to Irwin Simon, the CEO of the Canadian marijuana company Tilray, legislation in the U.S. is set to happen within the next two years. “I see over the next 18-to-24 months that cannabis in some format will have legal...
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...
