The Week In Cannabis: Amazon Supports Legalization, NY Expands Its Medical Program, Stocks Underperform And More
Below is a recap of the main news related to the cannabis industry and markets for the week of January 24, 2022.
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BevCanna Completes $21M Acquisition Of Embark Health, Now Has More Than $100M In Assets
BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE:7BC) announced Friday that it has closed its previously announced acqui
BevCanna’s Q3 Revenue Spikes Over 1000% YoY Ahead Of $21M Embark Acquisition
BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE:7BC) reported its unaudited financial results Tuesday for the quarter ended Sept. 30, 2021.
Cannabis Movers & Shakers: Mike Tyson Malawi’s Cannabis Ambassador, Humble & Fume, BevCanna, Hollister Biosciences & GemmaCert
Humble & Fume's Robert Ritchot Retires
North American distributor of cannabis and cannabis accessories Humble & Fume Inc. (CSE: HMBL) (OTCPK: HUMBF) recently announced that its president of Canadian distribution and founder of BobHQ, Robert Ritchot, will retire.
Aurora Beats Tilray As Best Performer Among Canadian Cannabis LPs In October As Stocks Plunge 9.5%
Canadian Cannabis LP Index is on a losing spree for the fourth month, after a 9.5% drop in October to 238.48, New Cannabis Ventures reports.
After a 1% gain in June, the index retreated nearly 27% in the third quarter.
BevCanna Inks White Label Deal To Produce Averi Health Infused Beverages
BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) said Thursday it has entered into an agreement to manufacture and distribute white label cannabis beverages for Averi Health Products.
Keef Brands Cannabis Beverages Now Available In Ontario And Alberta
Cannabis beverage brand Keef Brands revealed Wednesday that it is expanding its reach to Canada.
BevCanna Inks White-Label Deal to Produce Cannabis-Infused Beverages for Xebra Brands
BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) announced Thursday it has signed a white-label agreement with Xebra Brands Ltd., another cannabis beverage company. Xebra is a private company pending a public listing.
BevCanna’s Stock Plunges After Announcing $21M All-Stock Acquisition Of Embark Health
BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) announced Monday that it is acquiring Embark Health Inc. for $21 million in an all-stock transaction.
Cannabis Movers & Shakers: AWH, Neptune, Keef Brands, Canopy Growth, Cresco
Cannabis Co Ascend Wellness Holdings Taps Former Ford Exec Joe Hinrichs To Its Board
Vertically integrated multi-state operator Ascend Wellness Holdings, Inc. (CSE: AAWH) has tapped Joe Hinrichs to its board of directors.