Cannabis Company

Cannabis cultivator Connected International Inc., also known as Connected Cannabis, confirmed Wednesday it has completed a $30 million capital raise. What Happened The raise consisted of debt and equity financing. It was led by current investors Navy Capital and One Tower Group, who welcomed new...

Columbia Care Inc. (NEO: CCHW) (OTCQX: CCHWF) is poised to raise some CA$25.2 million ($19.8 million) in funding via a bought deal private placement deal. Under the agreement, the New York cannabis company agreed to sell some 2.8 million of its common shares to Canaccord Genuity Corp. at CA$9 ($7.1...

Cannabis company Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) reported Monday that it has generated $14.3 million in revenue in the third quarter of this fiscal year. That’s a year-over-year increase of 94%. Moreover, consolidated revenue for the nine months ended Sept. 30 amounted to $...

Medical cannabis company Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) has opened another dispensary in Florida. The new location — 9611 N. Kendall Drive in Miami — is the company's fifth opening in 2020 and 23rd dispensary overall.  Cansortium provides...

Biopharmaceutical company GW Pharmaceuticals plc (NASDAQ: GWPH) revealed Tuesday that its revenue for the third quarter hit $137.1 million, up by 51% year-over-year. For the first nine months of this fiscal year, total revenue amounted to $378.6 million versus $202.3 million for the...

Vertically integrated cannabis company Flora Growth Corp. confirmed Monday that its Mind Naturals CBD skincare brand would be available in up to 111 Falabella stores across Latin America. Under the distribution deal with Flora's Flora Beauty division, founded by former Miss Universe...

Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) confirmed Tuesday the branding of its recently acquired Arrow Alternative Care and GR Companies Inc. dispensary locations in Connecticut. The Wakefield, Massachusetts-based cannabis company, which has been operating in Nutmeg...

Cannabis company The Green Organic Dutchman Holdings Ltd (OTC: TGODF)'s shares have lost more than half their value in the last month. The sell-off might present a good buying opportunity, as the stock has upside ahead, according to Canaccord Genuity. The Analyst Canaccord's Derek Dley...