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Canaccord: DionyMed On Track For 'Strong' 2020
Monday, June 3, 2019 - 2:50pm | 410Read More...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...
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Canaccord: Tilt Holdings' Massachusetts Rollout Slower Than Expected
Monday, June 3, 2019 - 1:00pm | 342Read More...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?...
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Planet 13's Expansion Plans, 'Strong' Q1, Branded Products Drive Canaccord's Bullish Stance
Monday, June 3, 2019 - 11:51am | 360Read More...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)...
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Origin House Reports Higher California Sales In Q1
Wednesday, May 29, 2019 - 3:20pm | 308Read More...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...
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Acreage Holdings Reports 487% Year-Over-Year Jump In Revenue, Says Canopy Growth Deal Will Accelerate Growth
Wednesday, May 29, 2019 - 11:15am | 363Read More...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...
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Jefferies Sees 60-Percent Upside In Aphria Shares, Says Buy The Dip
Friday, May 24, 2019 - 3:10pm | 446Read More...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...
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TerrAscend's Revenue More Than Doubles Quarter-Over-Quarter
Thursday, May 23, 2019 - 3:43pm | 352Read More...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...
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Tilray Boosts Export Capability With EU Manufacturing License, GMP Certification
Thursday, May 23, 2019 - 12:03pm | 376Read More...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,...
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Medicine Man Technologies Posts 65% Year-Over-Year Revenue Increase
Tuesday, May 21, 2019 - 2:17pm | 381Read More...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...
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FSD Pharma Names 3 To Scientific Advisory Board
Monday, May 20, 2019 - 4:23pm | 433Read More...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...
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Body And Mind Completes Oversubscribed Financing: 'We Are Extremely Pleased'
Monday, May 20, 2019 - 11:42am | 363Read More...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...
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iAnthus Capital Holdings Unveils National Retail Brand
Wednesday, May 15, 2019 - 4:55pm | 332Read More...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...
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Tilray Trades Higher On Q1 Report; Revenue Rises 195% Year-Over-Year
Tuesday, May 14, 2019 - 4:19pm | 271Read More...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...
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Harvest Health & Recreation Closes First $100M Tranche Of Private Placement
Monday, May 13, 2019 - 3:29pm | 339Read More...Arizona-based, multistate cannabis company Harvest Health & Recreation Inc (OTC: HRVSF) announced Monday that it closed the first tranche of its brokered private placement for gross proceeds of $100 million. What Happened The company offered unsecured convertible debentures at a price of $1,000...
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Columbia Care CEO Nicholas Vita Talks Opioid Crisis: 'We Need A New Plan Of Action'
Monday, May 13, 2019 - 1:10pm | 455Read More...The SALT Conference is a prestigious gathering of the most well-known executives in finance, policy, economics and beyond. Benzinga headed to Las Vegas to cover them. Nicholas Vita, vice chairman and CEO of the medical cannabis company Columbia Care, discussed the opioid crisis, the...
















