Spotlight Stock National Company to Acquire This Arizona Cannabis Operator by Sophia Vida January 03, 2022 According to a Business Journal report, a national company is set to acquire an Arizona cannabis operator. Massachusetts-based Curaleaf Holdings Inc. has announced that it has entered into a definitive agreement to acquire Ariz...
Spotlight Stock Marijuana Firm Tilray’s CEO is Awarded $13+M in Cash Bonuses This Year by Sophia Vida October 04, 2021 It was a good year for Irwin Simon, the CEO of cannabis firm Tilray. The chief executive has received $13.2 million in cash bonuses this year so far. The company has paid Simon cash bonuses totaling $13.2 million (16.7 milli...
Spotlight Stock Aurora Cannabis Reports Q4 Results and Misses Expectations by Sophia Vida September 28, 2021 It was on Monday night that Aurora Cannabis, the Canadian marijuana producer, reported its fourth quarter financial results. Shares moved higher despite the company reporting results that mixed expectations. The company's sale...
Spotlight Stock Aurora Cannabis Lays Off Many Workers After Facility Closing by Sophia Vida September 23, 2021 Canadian marijuana producer Aurora Cannabis has laid off 8% of its workforce after the closure of its Polaris facility in Edmonton, Canada. No actual number has been disclosed of how many employees were impacted by the closure....
Spotlight Stock Amazon Makes Big Announcement Related to Marijuana by Sophia Vida September 21, 2021 E-commerce giant Amazon has announced in a blog post that workers and applicants who were fired or barred during marijuana screen are now eligible to work for the company. The company has "reinstated the employment eligibilityâ...
Spotlight Stock Marijuana Producer Tilray to Close Flagship Facility by Sophia Vida September 16, 2021 Leading cannabis producer Tilray will be shutting down a "flagship" facility in Nanaimo, British Columbia. The move is a part of the company's plan to save money after its merger with Aphria according to a confirmation from Til...
Spotlight Stock Aurora Cannabis Ships First Shipment of ‘Free’ Cannabis to France by Sophia Vida August 26, 2021 Through a subsidiary, Canada's Aurora Cannabis has delivered its initial shipment of medical marijuana to France for use in the country's pilot program. The company made the announcement this week. The country's program is r...
Spotlight Stock Canadian Cannabis Producer Indiva Sees Revenues Surge by Sophia Vida August 24, 2021 Canadian licensed marijuana producer Indivia has seen its revenue surge as the appetite for cannabis edibles increases. The company had experienced a big climb in net revene during the April-June quarter that was largely from g...
Spotlight Stock This is What Hexo’s CEO Said About Company’s Dismal Third Quarter by Sophia Vida June 14, 2021 "Craft absolutely surprised us," is what Hexo Corp. CEO had to say about a cannabis sales plunge. The Canadian cannabis producer lost almost 21 million Canadian dollars ($17.3 million) in its third quarter on revenue that came ...
Spotlight Stock IM Cannabis and FLOWR Sign Deal to Import Medical Cannabis to Israel From Canada by Sophia Vida June 09, 2021 Israel-based multi-country operator IM Cannabis (CSE: IMCC) (NASDAQ: IMCC) announced this week that the company has signed a multi-year deal with Canadian licensed producer The FLOWR Corporation (OTC: FLWPF), under which the latte...
