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Medical Cannabis Pioneer cbdMD Secures $1.2M To Fund Rollout Of Functional Mushroom Products
Monday, February 5, 2024 - 10:06am | 546Medical marijuana producer cbdMD, Inc. (NYSE:YCBD) (NYSE:YCBD) said Friday that it had entered into a securities purchase agreement with five institutional investors to secure financing for the national rollout of its new ATRx Labs functional mushroom products. The company will use the proceeds for...
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CBD-Focused Pharma Co. Seeks Funding To Revolutionize Healthcare
Thursday, September 21, 2023 - 1:08pm | 500Innocan Pharma Corporation (CSE: INNO) (FSE: IP4) (OTCQB: INNPF) has entered into an agreement with Research Capital Corporation as the sole agent and sole book-runner on a "best efforts" agency basis in connection with a marketed private placement offering of units of the company at $0....
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Columbia Care Raises $25M In Subscription Agreements To Fuel Growth Strategy
Monday, September 18, 2023 - 10:43am | 547Columbia Care Inc. (NEO: CCHW) (OTCQX: CCHWF) (FSE: 3LP) cannabis company has entered into subscription agreements with institutional investors for the purchase and sale of 22,244,210 units of the company at CA$1.52 ($1.13) per unit, for aggregate gross proceeds of roughly CA$33.8 million...
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Alpha Blue Ocean Backs Up Cannabis Co. Halo Collective With $50.7M In Debenture Financing
Wednesday, March 16, 2022 - 11:34am | 381Global Tech Opportunities, Alpha Blue Ocean's investment fund, has entered into an additional financing agreement of CA$65 million ($50.7million) with Halo Collective Inc in the form of convertible debentures. ABO is expecting that a principal amount of approximately $15-20 million of...
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urban-gro Further Expands Stock Repurchase Program With Additional $1.5M
Wednesday, February 2, 2022 - 10:25am | 249urban-gro, Inc. (NASDAQ: UGRO) announced that its board of directors has authorized an additional $1.5 million expansion to its existing stock repurchase program. The expansion builds upon the company’s existing repurchase authorization of $7 million, which was recently increased by $2...
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New Mexico Creates $5M Loan Program To Help Small Cannabis Businesses Ahead Of Rec Sales Launch
Friday, December 3, 2021 - 1:28pm | 355Cannabis microbusinesses in the Land of Enchantment can now benefit from a newly introduced $5 million loan program, following approval earlier this week from the New Mexico Finance Authority Oversight Committee (NMFA). The Cannabis Microbusiness Loan Program is designed to provide affordable...
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The Flowr Corporation Secures Over Half A Million Via Offering Of Units To Partially Repay Its Debt
Wednesday, July 28, 2021 - 12:18pm | 329The Flowr Corporation (TSXV: FLWR) (OTC: FLWPF) has secured roughly $550,000 in financing through a non-brokered private placement offering of its 2,619,047 units at 21 cents per unit. Based in Toronto, the company said Tuesday it has closed its previously announced transaction. Under the offering...
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Aurora Cannabis To Raise $300M, Files Prospectus Supplement For ATM Offering Program Ahead Of Transfer To NASDAQ
Friday, May 21, 2021 - 10:12am | 401Canadian cannabis company Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB) is seeking to raise $300 million by selling its commons shares through the at-the-market offering. The move came on the heels of confirming that its subsidiary Aurora Germany GmbH extended its collaboration with Grow Group PLC.,...
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MediPharm Q4 Revenue Growth Of 22% 'Reflects Growth Of Manufacturing, White Label Business' CEO Says
Wednesday, March 31, 2021 - 2:41pm | 351MediPharm Labs Corp. (TSX:LABS) (OTCQX: MEDIF) (FSE:MLZ) generated C$6.1 million ($4.85 million) in the fourth quarter of 2020, up by 22% sequentially. The Barrie, Ontario-based company, wrapped up 2020 with C$36 million in revenue. The bet loss amounted to roughly C$30.9 million for the quarter,...
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Auxly To Graduate To The Toronto Stock Exchange (TSX)
Monday, March 29, 2021 - 2:18pm | 405Auxly Cannabis Group Inc. (TSXV:XLY) (OTCQX: CBWTF), a cannabis-focused consumer packaged goods company, is listing its common shares on the Toronto Stock Exchange (TSX). The Toronto-based company announced Monday it has obtained conditional approval to graduate from the TSX Venture Exchange. Hugo...
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Verano Expands In Arizona, Secures $80M In Financing
Wednesday, February 24, 2021 - 6:40pm | 426Verano Holdings Corp. (CSE: VRNO) is expanding its footprint in Arizona. The Chicago-based cannabis company confirmed Wednesday it’s purchasing three dispensaries located in Mesa, Chandler and Gilbert. The deal also includes a Winslow-based cultivation and production facility, including...