Cannabis-focused investment and acquisition company, RIV Capital Inc.
(TSX: RIV) (OTCQX: CNPOF) posted its latest financial earnings report on Thursday, touting a pop in total comprehensive income that hit CA$64.8 million ($53.7 million) in the fourth quarter of 2021.
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.
Canadian cannabis giant Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) will deepen its collaboration with household guru Martha Stewart, who has agreed to serve as the company's official strategic advisor.
Stewart's CBD Saga
Canadian licensed cannabis producers have been faced with challenges imposed by ongoing price deflation, COVID-19 lockdowns and uncertainty over whether and when U.S. federal legalization will occur.
As a result, some Canadian cannabis companies have become dependent on value flower, according to a Cantor Fitzgerald analyst.
Canadian cannabis giant Canopy Growth Corporation (TSX:WEED) (NASDAQ:CGC) has teamed up with Southern Glazer's Wine & Spirits to distribute its CBD-infused beverages in the U.S.