weed

In a move to expand its influence to another major state in the cannabis industry, Curaleaf Holdings, Inc. (OTC: CURLF) announced -a definitive agreement Wednesday to acquire Eureka Investment Partners, LLC. The move allows Curaleaf, a U.S.-based vertically integrated cannabis business, to...

The market share of cannabis flower continues to fall in California, likely representing an even sharper decline for the rest of the United States. Data from BDS Analytics shows that cannabis flower had a 56-percent share of California's legal cannabis sales for the first quarter of 2017....

GW Pharmaceuticals plc (NASDAQ: GWPH) reported its financial results Tuesday for the first quarter of fiscal 2019. The company reported revenue growth of  67.5 percent. One highlight: the report includes sales of the company's Epidiolex drug, which last year became the first cannabis-based...

Thai King Maha Vajiralongkorn signed into law a bill legalizing medical use of cannabis earlier this week. The move comes two months after the country's legislature approved the necessary amendments. What Happened In November, the Thai National Legislative Assembly submitted a number of...

Canopy Growth (NYSE: CGC), the cannabis industry's largest company by market value, refiled its third-quarter management discussion and analysis, or MD&A, on Thursday due to a spreadsheet formula error. The move comes less than a week after the Canadian company's Feb. 14...

Constellation Brands, Inc. (NYSE: STZ) shares dropped Wednesday after the alcoholic beverage maker commented on its beverage growth expectations at an industry conference. The company said it expects to see a 10-cent-per-share hit to fourth-quarter earnings from its investment in cannabis...

The first clinical study assessing the effectiveness of hemp-derived cannabinoids in recovery from brain injury will be launched in the U.S. as part of a collaboration between the Flowering HOPE Foundation and Clover Leaf University. What Happened The study is sponsored by Real Time Diagnostics...

Canadian cannabis company Canopy Growth Corp (NYSE: CGC) reported third-quarter results last week that were highlighted by the first revenue beat in the past four quarters, but a gross margins of 22 percent was the worst seen in three years, according to GMP. The Analyst GMP Securities' Martin...

Canopy Growth Corp (NYSE: CGC), the largest cannabis company in Canada, reported fiscal third-quarter earnings after the close Thursday evening, with net revenue that rose 283 percent to CA $83.048 million ($62.4 million) year-over-year. What Happened Canopy's net revenue — after excise...

Harborside has taken significant step toward going public in Canada. The California-based cannabis retail brand's parent company FLRish, Inc. recently announced that it entered into a definitive merger agreement with the Canadian branded product maker Lineage Grow Company (CSE: BUDD). If...

Cannabis company Aurora Cannabis Inc (NYSE: ACB) reported Monday with its first full-quarter results, which showed that the company held a 20-percent market share of recreational volumes in 2018, according to Canaccord Genuity. The Analyst Analyst Matt Bottomley maintains a Speculative Buy...

Canadian cannabis company TerrAscend Corp. (OTC: TRSSF) is expanding south of the border and establishing a presence in the U.S. through the acquisition of California-based retailer Apothecarium. What Happened The value of the deal is $118.4 million; TerrAscend will pay $73.7 million in...

Green Thumb Industries Inc (OTC: GTBIF) announced Tuesday that it has signed an agreement to acquire For Success Holding Co., the owner of Beboe-branded cannabis products. What Happened Green Thumb Industries is a Chicago-based cannabis cultivator, processor and operator of dispensaries with...

Canada-based Organigram Holdings Inc. (OTC: OGRMF) saw triple-digit revenue growth for the first quarter of fiscal 2019 ended Nov. 30, 2018. The results were largely impacted by the full legalization of weed on Oct. 17, and the company expects the adult-use market to dominate its top line for the...

Hundreds of cannabis investors had the opportunity to hear some of the industry's major players make their case in person Wednesday at the Benzinga Cannabis Capital Conference in Miami Beach. Here's what iAnthus Capital Holdings Inc (OTC: ITHUF), Aurora Cannabis Inc (NYSE: ACB), CuraLeaf...