Inc.

Organigram Plans To Ramp Up Staff Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) posted financial results for the first quarter of fiscal 2021. The company reported a net loss of $34.4 million, or 17 cents per share on a diluted basis, which compares to a net loss of $900,000, or one...

Kannaway made its debut on the European cannabigerol (CBG) market on Thursday by its parent company Medical Marijuana Inc. (PINK: MJNA). The move comes on the heels of Kannnaway's entering into the U.S. cannabinol market with the introduction of two new CBN isolate products...

Puration Inc. (PINK: PURA), a manufacturer of CBD infused sports drinks, is poised to expand its co-packing partnership with health and wellness company Alkame Holdings Inc. (PINK: ALKM). According to a Wednesday's update, ALKM already bottles Puration's EVERx CBD Sports Water. Last...

iAnthus Touts 82% YoY Revenue Growth, Names Interim COO New York-based iAnthus Capital Holdings Inc. (CSE: IAN) (PINK: ITHUF) generated around $40.6 million in revenue during the third quarter of fiscal 2020. That's up by 17% sequentially and roughly 82% year-over-year. The...

Charlotte's Web Holdings, Inc. (TSX: CWEB) (OTCQX: CWBHF) announced Thursday a partnership between its CW Labs science division and the University at Buffalo's Center for Integrated Global Biomedical Sciences. The goal is to have a "better understanding" of the use of...

New York-based iAnthus Capital Holdings, Inc. (CSE: IAN) (PINK: ITHUF) has lost another director.  The cannabis company confirmed Thursday it has parted ways with Joy Chen, who opted to resign after serving on the iAnthus board for a year. The board initially counted five...

Jushi Holdings Inc. (CSE: JUSH) (OTCQB: JUSHF) is poised to buy another subsidiary of Vireo Health International, Inc.’s (CSE: VREO) (OTCQX: VREOF). Minneapolis-based Vireo opted to sell its equity in Pennsylvania Dispensary Solutions LLC to Jushi for $5 million in cash....

Organic Remedies Inc. secured $22 million in financing through a credit facility provided by AFC Management LLC (AFC). Organic intends to use the proceeds from AFC Gamma to fund the construction of some 240,000 square feet of cultivation and processing space. In addition, the Pennsylvania...

Cronos Touts Uptick In Revenue, Appoints New CEO Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) revealed Thursday its consolidated net revenue for the third quarter amounted to approximately $11.4 million. That's up by $5.6 million or 96% on a yearly basis. For the nine months ended Sept. 30, net...

Namaste Net Revenue Spikes 49% YoY In Q3: Namaste Technologies Inc. (TSXV: N) (OTCMKTS: NXTTF) reported Thursday a  49% year-over-year increase in net revenue, reaching CA$5.6 million in the third quarter. CannMart, a subsidiary of the Toronto-based company, generated CA$2....

Turning Point Brands Inc. (NYSE: TPB) agreed to invest $15 million in Dosist, a cannabinoid company. The two companies opted to co-create a new CBD brand featuring thc-free products.  Under the co-development and distribution deal, Louisville, Kentucky-based TPB can invest another $15...

Cybin Raises CA$45 Million and Heads Towards NEO Exchange This week, Toronto-based Cybin Corp. announced the closing of a private offering for CA$45 million ($34.2 million). The raise was completed in connection to Cybin’s previously-announced reverse take-over with Clarmin Explorations (TSXV...

Puration Inc. (OTC: PURA), which recently sold its cultivation business to PAO Group Inc. (USOTC: PAOG), is now set to purchase a 72-acre farmland in Texas. On the sell side is UC Asset’s (OTCQX: UCASU). The Atlanta-based real estate investment and...

Cannabidiol brand cbdMD Inc. (NYSE: YCBD) anticipates generating between $41.7 million and $41.8 million in net sales revenue in the fourth quarter of this fiscal year. That’s at least a 76% year-over-year increase in revenue, the company says. In addition, cbdMD disclosed its...

4 Enlightened Dispensaries Open In Arkansas Cannabis brand Enlightened is cutting the ribbon on four new dispensaries in Arkansas. Pure Health Products LLC will manage the following retail locations: Arkadelphia Dispensary LLC in Caddo Valley; Big Fish of North Central Arkansas LLC...