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...
Marijuana Stocks Weedmaps Wants to See 175% Revenue Growth by Sophia Vida January 29, 2021 Weedmaps, a marijuana advertising company, has said recently that it aims to see 175% revenue growth via higher ad prices and a wider footprint. The California-based company is hoping to increase its revenue over the next three...
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...
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 ...
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...
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...
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...
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 ...
