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Aphria is Looking to Grow Beyond Cannabis by Doing This
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 Company Sundial Receives “Neutral” Rating from Cantor
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...
Canopy Growth Files $2B Shelf Prospectus
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...
Ascend Buys Most of MedMen’s NY Cannabis Operation for $63M
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 ...
Cannabis Company Agrify Prices Share Offering to Raise $75M
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 ...
Canopy Just Took a Huge Loss on BC Cannabis Greenhouses
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...
Weedmaps Wants to See 175% Revenue Growth
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...
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...

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