CBD e-commerce platform in UK raises $1.5 million for new products, U.S. expansion
Industrial Hemp NewsInternational NewsMarijuana Laws, Regulations, & Politics November 23, 2020 0
Alphagreen, a London-based e-commerce platform focused on CBD, has secured 1.1 million pounds ($1.5 million) of seed funding to help finance the rollout of new products and services and an expansion into the United States. According a statement released last week, participants in the seed round included: Stockholm-based Enexis... Read more
Ryan Allway November 23rd, 2020 News, Top News Study represents the first research completed on the long-term toxicity and lifespan effects of cannabidiol in the preclinical model C. elegans SMITHS FALLS, ON, Nov. 23, 2020 /PRNewswire/ – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC) and its medical division,... Read more
Ryan Allway November 23rd, 2020 VANCOUVER, BC, Nov. 23, 2020 /PRNewswire/ – Village Farms International, Inc. (“Village Farms” or the “Company”) (NASDAQ: VFF) (TSX: VFF) today announced two positive developments with respect to its wholly owned Canadian cannabis subsidiary, Pure Sunfarms. Pure Sunfarms Receives Cannabis Research License for On-Site Sensory Evaluation from Health... Read more
Ayr Strategies Reports Third Quarter 2020 Results & Updates Investors on 2021 Expansion Initiatives
November 23, 2020
Ryan Allway November 23rd, 2020 News, Top News Q3 Revenue up 61% Q/Q to $45.5 Million; Adjusted EBITDA More Than Doubles to $19.3 Million Annual Revenue & Adjusted EBITDA Run-Rate of $182 Million and $77 Million, Respectively Generated Over $13 Million in Cash from Operations in Q3; Cash Balance... Read more
Ryan Allway November 23rd, 2020 Record Third Quarter Pro Forma Revenue(1)(2)of $215.3 Million Record Third Quarter Managed Revenue(1)of $193.2 Million, up 164% and in Line with Company Guidance Record Year-to-Date Managed Revenue(1) of $419.6 Million Record Third Quarter Adjusted EBITDA(1) of $42.3 Million as Operations Across 23 States Continue to Scale WAKEFIELD, Mass., Nov. 17, 2020 /PRNewswire/ — Curaleaf... Read more
Greenlane Reports Record Core Business Revenue in Q3 2020
November 23, 2020
Ryan Allway November 23rd, 2020 Core Revenue Expands 36% to $32.3 million Compared to Q3 2019Sales of Greenlane Brands Grew Approximately 65% to $5.6 million Compared to Q3 2019Implements Further G&A Expense Reductions to Achieve Annualized Savings of Approximately $5.0 millionStrong Balance Sheet Includes $40.0 million in Cash to... Read more
2 Canadian Marijuana Stocks With Future Potential
FeaturedUncategorized November 22, 2020
Do These Canadian Marijuana Stocks Have Future Potential?
The post 2 Canadian Marijuana Stocks With Future Potential appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.
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