Cannabis Zenabis reports first quarter of positive EBITDA Rising revenues and increased efficiencies boost company stock Nick LabaMay 19, 2020
The weed wire Neptune Wellness Solutions signs $16.5M extraction deal with unnamed partner The 44,000 kilograms of hemp biomass will be processed at the Sherbrooke, QC, facility. Michelle GamageMay 19, 2020
Analysis ‘Huge chunk’ of Canada’s 383 weed companies won’t survive this year: investment banker Aaron Salz with Stoic Advisory sees a brutal year ahead for Canadian cannabis companies but brighter horizons in 2021 Jared GnamMay 15, 2020
COVID-19 Green Thumb becomes first US weed firm to hit $100M in quarterly revenue Chicago-based MSO rang in US$102.6 million in first-quarter net revenues Jared GnamMay 14, 2020
The weed wire Revenue growth stagnates for Charlotte’s Web A decrease in business-to-business sales was offset by increase in direct-to-consumer sales, company says Nick LabaMay 14, 2020
The weed wire Aleafia Health boasts industry-leading gross margin in Q1 report While positive cash flow remains rare in the cannabis industry, Aleafia reported it in two straight quarters Jared GnamMay 14, 2020
The weed wire Canopy continues trickle-out of 2.0 products after months-long delay The industry giant will soon have its third and fourth infused beverage products in Canada's weed market Jared GnamMay 13, 2020
The weed wire Materia acquisition secures foothold in German medical market The acquired company has all the licensing to import and distribute medical cannabis throughout Germany, according to a statement Nick LabaMay 12, 2020
COVID-19 Tilray slides on massive Q1 loss, says COVID-19 hasn’t disrupted operations Company said it had to grapple with reducing its 1,443-member workforce by 10% in February and restructure its operations Jared GnamMay 12, 2020
COVID-19 Tetra Bio-Pharma to resume cannabis pet study after COVID-19 halted trial Company is testing similar cannabis drug to see if it can treat symptoms of COVID-19 in humans Jared GnamMay 11, 2020