The Week In Cannabis: $1.25B+ In Financings And M&A, Tilray, KushCo, New York And More
Below is a recap of the main news related to the cannabis industry and markets for the week of August 27, 2021.
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Aleafia Health Closes $10M Credit Facility, Improves Financial Flexibility To Continue Sales Growth
Aleafia Health Inc. (TSX: AH) (OTCQX: ALEAF) has raised $10 million to pursue accretive growth opportunities.
The Week In Cannabis: An Earnings Avalanche, Biden’s Clemency Plans, Cuomo’s Resignation And More
Below is a recap of the main news related to the cannabis industry and markets for the week of August 13, 2021, which was marked by earnings reports out of many of the largest companies in the space – all details below.
Cantor: ‘Aleafia Continues To Post Solid Momentum,’ Firm Bullish But Lowers Price Target Due To Cannabis Sector Derating
Cantor Fitzgerald issued an analysis on Aleafia Health Inc.
Aleafia Health Reveals 53% QoQ Spike In Q2 2021 Cannabis Net Revenue
Vertically integrated cannabis company Aleafia Health Inc. (TSX: AH) (OTCQX: ALEAF) reported its financial results for the three and six months ended June 30, 2021. Shares traded 0.87% lower at $0.0027 per share at the time of writing Thursday mid-morning.
Cannabis Movers & Shakers: Khiron, Aleafia, Green Scientific Labs, 4Front Ventures, Halo Collective, Kiva Sales & Service, Sharp Capital Advisors, Simplifya, Organigram
Khiron Appoints Dr. Eduardo Faveret As Medical Director For Zerenia Brazil
Cannabis Movers & Shakers: Charlotte’s Web, Sundial, Aleafia Health, Grown Rogue, Simplifya
Charlotte's Web Taps Former Canopy Growth's CFO To Board Of Directors
Cannabis Movers & Shakers: TruTrace, Flora Growth, New You, Aleafia, Medolife Rx, Medical Marijuana, Union Cannabis Group
TruTrace Technologies Names Robert Lelovic As New CFO
TruTrace Technologies, Inc. (CSE: TTT), a developer of fully integrated software designed to boost traceability of testing standards within the legal cannabis, nutraceutical, food, and pharmaceutical space has hired Robert Lelovic, CPA, CA, to its leadership team.
Aleafia Health Launches New CBD Freshly Minted Roll-on Under Noon & Night Brand Name
Aleafia Health Inc. (TSX: AH) (OTCQX: ALEAF) announced the launch of a new product Monday under its Noon & Night brand.
CBD Freshly Minted Roll-on is a peppermint-scented product developed to provide a “soothing, aromatic experience” for cannabis connoisseurs.
The Week In Cannabis: Federal Research Bill, George Lopez, Brazil, Morocco, Columbia Care And More
As we near the end of the first half of 2021, we can see cannabis stocks traded mostly up by double digits, with the Amplify Seymour Cannabis ETF (NYSE: CNBS) delivering gains of more than 50% year-to-date.
This week, however, stocks posted mixed performances.