XS Financial Raises $43.5 Million to Advance Growing Pipeline LOS ANGELES, CA / ACCESSWIRE / November 1, 2021 / XS Financial Inc. (CSE:XSF) (the “Company” or “XSF”) is pleased to announce that it has completed its previously announced private placement (the “Offering”) of unsecured convertible notes (“Notes”) in the... Read more
Columbia Care Completes Acquisition of Colorado-Based Medicine Man; Strengthens Leadership Position in World’s Second Largest Cannabis Market Adds Four Denver-Metro Retail Locations and a 35,000-Square-Foot Indoor Cultivation Facility Immediately Accretive to Columbia Care’s Adjusted EBITDA and Cash Flow from Operations Solidifies Columbia Care’s Position as the Leading Retailer, Cultivator... Read more
Following up on our discussion earlier this year about how cannabis investors have embraced publicly traded ancillary companies, New Cannabis Ventures launched its seventh proprietary index, the Ancillary Cannabis Index, at the end of March. The index continued to outpace the overall market in October, falling 8.0% to 77.05, slightly better than... Read more
Pakistan appears to be the latest country to succumb to the cannabis legalization wave that has gripped the planet with increasing speed (and in a strange twist to all of this as the world struggles toward a pandemic-free future). During a recent meeting of the National Assembly’s Standing Committee... Read more
Lovers of pre-rolls and stuff-your-own cones, beware: an international shortage of cones is imminent, according to several paper and cone manufacturers and supply chain managers. According to Alen Nguyen, CEO of supply chain management platform MainStem, the majority of the world’s cones, regardless of what company ends up sticking... Read more
Today Grammy Award-nominated artist Afroman announced tours in Mississippi and Oklahoma, and a new single to boot. Be on the lookout for Afroman Cannabis at dispensaries dispersed throughout Oklahoma. Last year, Palmdale, California-based star Afroman appeared on the single “WHOLEthing” for his Cosmic Wire debut with BLAZAR. This year,... Read more
After outperforming the overall cannabis market in September, the American Cannabis Operator Index fell for the eighth straight month after having scored five straight monthly gains, declining 11.6% to 48.14: During Q3, the index lost 22.8%. After gaining 45.7% in 2020, when it ended at 63.05, the index is down 23.7%... Read more
Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary Financial reports continued to point to a slowing of capital spending during Q3 and Q4. Health Canada added 7 new licenses, leaving the total now at... Read more
After breaking a three-month losing streak with a 1% gain in June and then retreating almost 27% in Q3, the Canadian Cannabis LP Index extended its losing streak to four months as it fell sharply again in October, declining 9.5% to 238.48: The index, which fell 30.1% in 2020 to... Read more
HEXO Reports Fourth Quarter and Fiscal Year 2021 Financial Results Highlighting Strong Growth Total net sales growth of 71% quarter-over-quarter and 43% from Q4’20, marking HEXO’s best quarter of sales to date. Total Q4’21 net revenue increased to $38.7 million from $22.6 million in Q3’21 Total net revenue for... Read more
