On the eve of cannabis legalization in Illinois, Governor J.B. Pritzker spoke at Trinity United Church of Christ on Chicago’s Far South Side. On New Year’s Eve, he took the opportunity to announce a kick-start to the lengthy drug war expungement process which awaits the state. Over 11,000 pardons... Read more
New Year’s Day was a historic day for cannabis in the United States. At 6 a.m. CST, more than three dozen licensed cannabis shops opened their doors for the first time, as Illinois joined the ranks of 10 other states with legalized recreational marijuana. Waiting on the other side... Read more
Harvest Health & Recreation Inc. Agrees to Acquire MJardin Group Asset to Expand Cultivation Capacity in Nevada Multi-State, Vertically Integrated National Cannabis Company Extends Footprint into Nevada with Definitive Agreement to Acquire 32,000 sq. ft. Cultivation Facility PHOENIX, Jan. 2, 2020 /PRNewswire/ — Harvest Health & Recreation Inc. (CSE:... Read more
After beginning the year with a 57.4% gain in Q1 and then dropping for eight consecutive months, the Global Cannabis Stock Index ended December with a big jump that enabled the index to gain 1.1% for the month, closing at 42.20: The index, which had 44 qualifying members during the month... Read more
The American Cannabis Operator Index fell again for the ninth consecutive month, declining 2.2% to 43.27: While it gave up a bit of ground in December relative to the rest of the market, the index declined 14.5% in Q4 compared to a sharper drop in the Global Cannabis Stock Index, which... Read more
Canadian licensed producers experienced their ninth consecutive monthly decline during December, with the Canadian Cannabis LP Index falling 2.8% to 393.78: The index remains substantially below the all-time closing high of 1314.33 on September 25th a year ago, just ahead of Canadian legalization. It closed the month near its new 52-week... Read more
Origin House Receives Shareholder Approval of Plan of Arrangement with Cresco Labs Inc. and Announces Extension and Addition of OCN Debt Facility OTTAWA, Dec. 31, 2019 /CNW/ – CannaRoyalty Corp. d/b/a Origin House (the “Company” or “Origin House”) (CSE: OH and OTCQX: ORHOF) is pleased to announce that, at... Read more
TerrAscend Provides Update and Closing Details for its Oversubscribed US$20 Million Private Placement Deal is upsized to US$30 million based on strong investor demand Initial tranche of approximately US$24 million closed today; final (fully subscribed) tranche to close on January 7 TORONTO, Dec. 30, 2019 /CNW/ – TerrAscend Corp.... Read more
C21 Investments Announces Record Q3 Revenue of $10.58 Million Adjusted EBITDA up 175%; Adjusted Operating Income up 1,900% VANCOUVER, Dec. 29, 2019 /CNW/ – C21 Investments Inc. (“C21”) (CSE: CXXI and OTCQB: CXXIF) today reported unaudited financial results for the third quarter of fiscal 2020 ending October 31, 2019.... Read more
The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis stocks that generate industry sales of more than US$7.5 million per quarter. This data-driven, fact-based tracker will continually update based on new financial filings so that readers can stay up to... Read more
