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EXCLUSIVE: Europe Is The Biggest Opportunity For Growth In The Cannabis Sector,' Curaleaf's Boris Jordan Tells Benzinga Cannabis Capital Conference
Thursday, September 28, 2023 - 5:14pm | 871"Europe is the biggest opportunity for growth in the cannabis sector in the next five years," said Boris Jordan, founder and executive chairman of the board of Curaleaf Holdings Inc (OTCQX: CURLF) to the Benzinga Cannabis Capital Conference audience on Thursday, Sept. 28. CCC’s...
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EXCLUSIVE: The Metrics That Matter — Or How To Understand The Value Of Cannabis Companies
Thursday, September 28, 2023 - 1:35pm | 870Cannabis companies led by teams who understand the importance of cash flow and how to work a balance sheet while keeping things "lean and mean" are "going to be the winners." That's according to Jessica Straw, EIR director at Progress Partners, who joined the Benzinga...
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'Even Without Federal Catalysts, State Potential Bolsters The Market,' Says Cannabis Insider
Thursday, August 17, 2023 - 3:00pm | 616"Even if you don’t get the federal catalyst, you’re going to have some potential state catalyst as well," said Aaron Grey, CFA, CPA, managing director and head of consumer research at A.G.P./Alliance Global Partners, during the recent Benzinga Cannabis Capital Conference in...
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Flora Growth Stock Takes A Plunge On Announcing $5M Registered Direct Offering
Friday, December 9, 2022 - 12:17pm | 373Flora Growth Corp. (NASDAQ: FLGC), has entered into securities purchase agreements with institutional investors for the purchase and sale of 12.5 million of the company’s common shares, no par value, pursuant to a registered direct offering, and warrants to purchase up to 12.5 million common...
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Valens Company Raises $22.5M Selling Units
Tuesday, March 29, 2022 - 9:13pm | 286The Valens Company Inc. (NASDAQ: VLNS) (NASDAQ: VLNS), a leading manufacturer of cannabis products, announced late Tuesday that it has entered into an agreement with Stifel Nicolaus Canada Inc. and Alliance Global Partners to sell 0,613,207 of its units for C$ 28,125,000 (approximately USD$22...
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Flora Growth Raises $34.5M Via Public Unit Offering
Wednesday, November 24, 2021 - 12:17pm | 394Flora Growth Corp. (NASDAQ: FLGC) announced Tuesday the closing of its $34.5 million underwritten public offering of 11.5 million units. The Offering Details Under the offering, each unit consisted of one share of the company and one-half warrant; each whole unit warrant entitles the holder...
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Cannabis Co. Khiron: Shares Plunge On Heels Of $12.4M Offering Of Company's Units
Tuesday, July 6, 2021 - 10:31am | 504Vertically integrated cannabis company Khiron Life Sciences Corp. (TSXV: KHRN) (OTCQX: KHRNF) launched an overnight marketed offering on Monday of the company’s units with a price of 45 cents per offered unit. The Toronto-headquartered company announced the terms of the...
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Hexo Shares Fall Slightly On Heels Of $124M At-The-Market Offering
Tuesday, May 11, 2021 - 2:00pm | 329HEXO Corp. (TSX: HEXO; NYSE: HEXO) announced Tuesday it has created an at-the-market equity program (“ATM program”) by which it could issue and sell up to CA$150 million ($124 million) of its shares. Under the ATM program, shares can be sold from treasury to public, from time to time,...
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KushCo Plans To Pay Down Debt After Raising $40M Via Direct Offering
Monday, February 22, 2021 - 1:15pm | 169KushCo Holdings Inc. (OTCQX: KSHB) has raised $40 million via a registered direct offering. The cannabis-focused ancillary products and services provider signed agreements with investors for the sale of 24.24 million shares valued at $0.001 per share and warrants to buy up to 9.7 million shares at...