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Cannabis

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  • Cannabis
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Exclusive: Goodleaf-Highlands Merger Creates Largest Integrated Cannabis Co. In Africa

By Javier Hasse
Today, 4:44 AM
South Africa-based cannabis brand Goodleaf Company is merging with Highlands Investments in a deal valued at almost R650 million ($50 million), Benzinga has learned exclusively ahead of an official announcement.

CGC

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1 minute read
  • Cannabis
  • Markets
  • News

Rubicon Organic’s Flagship Brand Simply Bare Organic Enters Canadian Cannabis Market Across Five Categories

By Nina Zdinjak
Today, 4:44 AM
Organic cannabis company Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) reported Wednesday it has secured the sale in Ontario and British Columbia for its Simply Bare Organic live rosin solventless concentrate product.

ROMJF

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2 minute read
  • Cannabis
  • Fintech
  • Legal
  • Markets
  • News

Amazon Supports Federal Legalization Of Marijuana, Will Stop Testing For Workplace Cannabis Use In Most Positions

By Jose Rodrigo Safdiye
Today, 4:44 AM
Slowly but steadily, the federal legalization of cannabis seems to be taking shape, especially as institutional voices are increasingly speaking up.

AMZN

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1 minute read
  • Cannabis
  • Financing
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Valens Cannabis Company Raises $46M Via Bought Deal Offering Of Units

By Jelena Martinovic
Today, 4:44 AM
The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF) has secured some $46 million in financing through a bought deal public offering of its units.

TSX:VLNS

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2 minute read
  • Cannabis
  • Earnings
  • Financing
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  • News
  • Penny Stocks

Red White & Bloom Posts $32.2 M In Adjusted Sales In Q1 2021, Builds Upon Michigan Footprint

By Jelena Martinovic
Today, 4:44 AM
Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) announced Tuesday partial results for the first three months of 2021, without contributions from RWB Michigan, RWB Florida and RWB Illinois.

ACRGF

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2 minute read
  • Cannabis
  • Earnings
  • M&A
  • Markets
  • News
  • Penny Stocks
  • Small Cap

WeedMD Wraps Up Fiscal 2020 With $29.4M In Revenue, Reports Q1 2021 Preliminary Gross Revenue Of $12M

By Jelena Martinovic
Today, 4:44 AM
Medical cannabis company WeedMD Inc. (TSXV: WMD) (OTCQX: WDDMF) (FSE:4WE) reported Monday its revenue rose by 41% year-over-year, reaching CA$29.4 million ($24.3 million) in 2020.

FFLWF

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1 minute read
  • After-Hours Center
  • Cannabis
  • M&A
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  • Small Cap

Cannabis Stock Gainers And Losers From May 28, 2021

By Jose Rodrigo Safdiye
Today, 4:44 AM
GAINERS: Canada House Wellness (OTC: SARSF) shares closed up 23.72% at $0.03

ACB

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7 minute read
  • Cannabis
  • Markets
  • News
  • Penny Stocks
  • Small Cap

The Week In Cannabis: Stocks Trade Up On Federal Bill (MORE Act), Earnings, Big M&A

By Javier Hasse
Today, 4:44 AM
Cannabis stocks traded up this week, aided by strong earnings reports, big M&A announcements and the reintroduction of the Marijuana Opportunity Reinvestment and Expungement Act (MORE) into Congress, after the previous year's version failed to pass the Senate.

CBDHF

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4 minute read
  • Cannabis
  • Markets
  • Penny Stocks

Psyched: Nasdaq Gets Its Third Psychedelics Company, Mynd Goes Public, Delic Buys New Research Facility

By Natan Ponieman
Today, 4:44 AM
The Nasdaq welcomed its third psychedelics company this week, with the acquisition of MagicMed Industries by Enveric Biosciences (NASDAQ:

CSE:DELC

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2 minute read
  • Cannabis
  • M&A
  • Markets
  • News

Hexo’s Shares Jump On $925M Acquisition Of Canadian Cannabis Producer Redecan, Strengthening Its Position In Adult-Use Market

By Nina Zdinjak
Today, 4:44 AM
HEXO Corp (TSX: HEXO; NYSE: HEXO) signed an agreement to buy the family-owned Canadian cannabis producer Redecan for $925 million in cash and stock.

HEXO

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