Canada Earnings week August: Pot stock feats and flops Quarterly reports from 10 cannabis companies paint two different pictures on either side of the US-Canada border Jared GnamAugust 17, 2020
The weed wire Canopy-Acreage deal drops US$2.4 billion in value Cross-border acquisition deal amended due to current 'volatile financial market conditions' Jared GnamJune 25, 2020
COVID-19 Acreage Holdings signs off on loan with 60% interest rate Canopy CEO predicts US federal legalization in 2022, which would finalize weed giant's acquisition of Acreage Jared GnamJune 17, 2020
The weed wire Acreage Holdings reports steep US$50.6 million Q4 loss The U.S. cannabis operator attributed the sizable loss to regulatory issues that hampered eight store openings Jared GnamFebruary 27, 2020
Canada Acreage Holdings uses deal with Canopy to sell Tweed weed in Oregon Acreage can use Canopy's brands but, if the US legalizes cannabis, Canopy will acquire Acreage Michelle GamageDecember 17, 2019
Legalization Bernie Sanders Unveils Ambitious Marijuana Legalization Plan The 2020 Democratic presidential nominee is in favour of a nonprofit industry model that would curb or put a cap on franchising, consolidation, profiteering... Jared GnamOctober 28, 2019
Legalization U.S. House Passes Cannabis Banking Bill in Historic Vote, But Will it Pass the Senate? U.S. Congress made history Sept. 25 after passing the SAFE Banking Act, but the bill that would help the cannabis industry access banks faces... Jared GnamSeptember 26, 2019
Canada Shares of Hexo Surge 11% on Wall Street Analyst’s Buy Rating In a note titled, “Don’t Smoke the Kool-Aid,” MKM Partners analyst Bill Kirk warned investors the pot industry may see little profits, but he... David JSeptember 21, 2019
Earnings Acreage Sinks After Posting Q2 Loss, Aims To Open Tweed Pot Shops In California Acreage shares fell 10 per cent after it posted a second-quarter loss of US$33.9 million, but the American pot firm said it plans to... Jared GnamAugust 14, 2019
Canada Acreage Holdings Working on ‘Head-Turning’ Deals, CEO Says Acreage's CEO Kevin Murphy told Bloomberg some major deals are in the works to allow the New York-based cannabis firm to scale up "dramatically"... David JJune 30, 2019