The Week In Cannabis: Earnings Season, A GOP Legalization Bill, Seth Rogen & Sarah Silverman’s Campaign
Below is a recap of the main news related to the cannabis industry and markets for the week of November 8, 2021.
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Curaleaf, Columbia Care, PharmaCann Begin Whole Flower Cannabis Sales In New York
New York's long-awaited adult-use cannabis program is live, almost. As it evolves, big names in the space are eager to take their place although the ten operators already running medical cannabis businesses in the Empire State have the home team advantage.
The Week In Cannabis: FDA, CDC, Delta-8 THC, WADA, Canopy, Sundial, Canada, LatAm And More
Below is a recap of the main news related to the cannabis industry and markets for the week of September 13, 2021.
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Acreage Holdings Exits Oregon, Divests Retail Chain Cannabliss & Co
Cannabis company Acreage Holdings, Inc. (CSE: ACRG) (OTCQX: ACRDF) has sold its Oregon-based retail dispensaries branded as Cannabliss & Co to Chalice Brands Ltd. (CSE: CHAL) (OTCQB: CHALF).
Analyst Says MedMen’s Momentum Changing, Tilray’s Stake Won’t Double Its Value But Will Hold Premium
MedMen Enterprises Inc. (OTCQX: MMNFF) revealed Tuesday that it has secured $100 million in financing via a private sale of its units in a deal led by Serruya Private Equity.
Low-Cost Pot Stocks To Consider, According To Entourage Effect Capital’s Matt Hawkins
Entourage Effect Capital managing partner Matt Hawkins has been active in the cannabis space since creating his private equity firm in 2014.
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.
The Week In Cannabis: Trulieve’s $2.1B Acquisition, New ETF, Earnings, Federal Legalization And More
In a week of big M&A news and mixed earnings reports, cannabis stocks traded mostly down.
Acreage Achieves Positive EBITDA In Q1, Posts 58% Revenue Growth
Acreage Holdings, Inc. (CSE: ACRG)(OTCQX: ACRDF) posted its first-quarter unaudited financial results on Monday.
The New York-based company reported achieving $38.4 million in consolidated revenue in the first three months of 2021, representing a 58% year-over-year and 22% sequential growth.