Infographic on the State of Canadian Cannabis Retail, and the impact of government regulations
Articles
Delta 9 sells interest in Calgary facility to Westleaf for $14.95 Million of Westleaf Shares
DELTA 9 CANNABIS INC. (TSXV: NINE) has entered into a definitive agreement to sell its 50% interest in the Delta West extraction facility to Westleaf Inc. (TSX-V: WL).
Supreme Cannabis' 7ACRES Facility Approved for Additional Production Capacity
The Supreme Cannabis Company, Inc. (TSXV: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced that its wholly-owned subsidiary, 7ACRES, has obtained Health Canada approval to begin cultivating approximately 30,000 sqft of additional flowering rooms at its facility in Kincardine, Ontario.
HEXO Corp. announces pricing of public offering of common shares at $6.50
HEXO Corp.(TSX: HEXO; NYSE-A: HEXO) today announced the pricing of its underwritten public offering of common shares at a price of C$6.50 per share
Despite Shortages, Canadian Cannabis Retailers Still Seeing Profits
CBC recently reported that the current Canadian cannabis shortage is expected to continue until 2022, according to one industry insider. Despite that fact, two retail cannabis chains have announced $10 Million in revenue since the October 17, 2018 legalization date.
HEXO Corp. announces pricing of public offering of common shares
HEXO Corp. (TSX: HEXO; NYSE-A: HEXO) today announced the pricing of its underwritten public offering of common shares at a price of C$6.50 per share. The underwriters for the Offering have agreed to purchase 7,700,000 common shares from the Company for gross proceeds to the Company of C$50,050,000.
Westleaf Acquires Canndara For $48.4 Million
Westleaf Inc. (TSX-V: WL), has exercised its option to acquire 100% of Canndara Canada Inc., a cannabis retail company with over fifty (50) prospective premium retail locations across Canada
Green Growth Brands’ Aphria Takeover Offer Enticing, But Falls Short
Green Growth Brands (GGB) has put forward an unsolicited takeover offer of Canadian marijuana producer Aphria (APHA), but is it a good deal?
Aurora Cannabis Closes $345 Million Offering of Convertible Notes
Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB) (Frankfurt: 21P; WKN: A1C4WM) has closed its previously announced offering of 5.5% convertible senior notes due 2024 for gross proceeds of US$345 million
Aphria Urges Shareholders to Take No Action With Respect to Unsolicited Takeover Bid by Green Growth Brands
Aphria Inc. (TSX: APHA and NYSE: APHA) today confirmed that Green Growth Brands Inc. (CSE:GGB) has commenced an unsolicited take-over bid to acquire all outstanding common shares of the Company, other than the common shares of the Company owned by GGB or its affiliates, in exchange for 1.5714 common shares of GGB.
Cannabis Brand Company SLANG Worldwide (SLNG) to Make Debut on CSE on January 29
The Cannabis Brand Company has received conditional approval from the CSE for the listing of the Common Shares and expects the Common Shares to commence trading on the CSE under the stock symbol “SLNG” at market open on or about January 29, 2019.
Hexo To Raise $50M Through Proposed Public Offering Of Common Shares
HEXO Corp. (TSX: HEXO) today announced that it will be filing a preliminary prospectus supplement to its amended and restated short form base shelf prospectus dated December 14, 2018 relating to a proposed marketed public offering of common shares of the Company for gross proceeds of approximately C$50 million.
CBD Ads To Be Shown For First Time at Super Bowl With Baristas Super Bowl CBD Coffee Ads In Stadium
Super Bowl LII will feature Baristas EnrichaRoast CBD Coffee ads at the stadium. Marking the first time CBD ads are shown at the Super Bowl.
Canopy Rivers Announces Investment in Adult-Use Cannabis Beverage and Edibles Brand
Canopy Rivers Inc. (TSXV:RIV) is pleased to announce it has completed an equity investment in 10663522 Canada Inc., or “Herbert”, a unique brand platform that focuses on the adult-use cannabis beverage and edibles market.
Cannabis Retailer Fire & Flower Achieves C$10 Million Sales Milestone
Fire & Flower Inc., an independent cannabis retailer, has achieved a milestone of $10 million in sales since opening on October 17th, 2018, the date adult-use recreational cannabis became legal in Canada.