weed

Vertically integrated Canadian company Valens GroWorks Corp. (OTC: VGWCF) has expanded the multiyear agreement with Tilray Inc. (NASDAQ: TLRY) that it signed Feb. 26.  What Happened  The expanded agreement adds to the volume of extraction services Valens will provide to Tilray and adds an...

A lawsuit filed against MedMen Enterprises Inc. (OTC: MMNFF) that argued CEO Adam Bierman and President Andrew Modlin made decisions in their own personal interest rather than that of shareholders has been dismissed, the cannabis company said Thursday.  What Happened Plaintiffs Brent Cox, Omar...

The multistate vertically integrated cannabis brand and delivery company DionyMed Brands Inc (OTC: DYMEF) reported Friday with first-quarter results which fell short of expectations, but the company is set up for a "strong" 2020, according to Canaccord Genuity. The Analyst Bobby Burleson...

Canaccord Genuity is staying bullish on vertically integrated Canadian company TILT Holdings Inc (OTC: SVVTF) after its first-quarter print.  The Analysts Bobby Burleson reiterated a Speculative Buy rating on Tilt Holdings with a CA$4 ($2.97) price target.  Need more cannabis news?...

Canaccord Genuity slightly revised its estimates for the Las Vegas, Nevada dispensary Planet 13 Holdings Inc (OTC: PLNHF) following "strong" first-quarter performance.  The Analyst Analyst Bobby Burleson reiterated a Speculative Buy rating on Planet 13 with a CA$4 ($2.97)...

CannaRoyalty Corp (OTC: ORHOF), a Canadian cannabis company that operates under the Origin House brand name, reported first-quarter results Wednesday that showed substantial revenue growth — and expenses that grew proportionately higher.   What Happened The company's...

Acreage Holdings, Inc. (OTC: ACRGF) said in its first-quarter report Tuesday that its revenue grew substantially despite regulatory delays in the opening of dispensaries.  What Happened Total revenue for the first quarter of 2019 totaled $12.9 million, marking a 487-percent jump from the same...

After a red-hot start to 2019, Canadian cannabis producer Aphria Inc (NYSE: APHA) has run out of steam, tumbling more than 31 percent in the past three months. Despite the recent weakness, one Wall Street analyst said Friday that the stock has 30-percent upside potential.  The Analyst...

Terrascend Corp (OTC: TRSSF) reported first-quarter revenue of CA$14.6 million ($10.8 million) Thursday and reiterated its full-year guidance.  What Happened The cannabis company said its revenue surged higher from CA$5 million in the fourth quarter. TerraAscend had zero revenue in the...

Tilray, Inc. (NASDAQ: TLRY) announced Thursday that its wholly owned subsidiary Tilray Portugal Unipessoal Lda. received a standard manufacturing license for its Cantanhede, Portugal-based Biocant Park facility. The facility has earned a Good Manufacturing Practices certification,...

Medicine Man Technologies, Inc. (OTC: MDCL) showed higher revenue and a higher net loss in its first-quarter report Tuesday, and the cannabis company's CEO eyed potential catalysts ahead, including legislation with a direct impact on the Colorado company.  What Happened Medicine Man...

FSD Pharma Inc (OTC: FSDDF), a company engaged in development of medical cannabis and research on cannabinoid-based treatments, announced the addition Monday of three major cannabis researchers to its scientific advisory board. What Happened The Canadian company said Daniel Piomelli, Ph.D...

Multistate cannabis operator Body and Mind Inc (OTC: BMMJ) said Monday that it closed its previously announced private placement offering with M. Partners Inc for 11,780,904 units of the company at a price of CA$1.25 (93 cents) per unit.  The gross proceeds from the offering are CA$14.7...

Cannabis dispensary operator iAnthus Capital Holdings Inc (OTC: ITHUF) unveiled its national retail brand Canaccord Genuity third annual Cannabis Conference: "Be." Why It's Important Stores under the "Be." brand will represent an experience and environment that...

Canadian cannabis company Tilray Inc (NASDAQ: TLRY) reported first-quarter financial results after the close Tuesday. The company posted an adjusted earnings per share loss of 27 cents, inline with consensus estimates, and sales of $23.04 million. What Happened The company's revenue surged by...