by InfluencER | Mar 2, 2021 | Investors
Illinois-based marijuana multistate operator Cresco Labs filed a preliminary prospectus to raise up to $1 billion in securities over the next 25 months. Cresco is the latest cannabis company to file a large so-called shelf registration as the investment climate for...
by InfluencER | Mar 2, 2021 | Investors
Multi-state operators (MSOs) have come a long way from their early days, and this year potential M&A among MSOs is receiving more attention from a hungry investor base looking for exposure to the US market. The Investing News Network (INN) spoke with a collection...
by InfluencER | Mar 1, 2021 | Investors
Canopy Growth’s share prices dropped sharply during late trading hours on Wednesday after the company revealed a net loss of almost C$1.3 billion in its Q1 report of its fiscal 2020 year. Shares of the company in Toronto opened at C$38.30 on Thursday (August 15), down...
by InfluencER | Mar 1, 2021 | Investors
The CEO of Sol Global Investments, Andy Defrancesco, and his ex-wife Catherine Defrancesco, have been named as defendants in a conspiracy scheme involving the stock of a hot cannabis IPO, Verano, that went public this month. The lawsuit involves half a billion dollars...
by InfluencER | Feb 25, 2021 | Investors
Aussie cannabis firms go capital-light as they roll into Europe Tread light and invest light we get that but there’s also the element of standard Australian approach of trying to get something for nothing. A handful of small, young Australian firms are taking a chance...
by InfluencER | Feb 25, 2021 | Investors
Fragrant Prosperity announced it would expand its investment horizon to include the medicinal cannabis and CBD Wellness sectors. The company said it would continue to focus on the financial services sector, which was its original focus when it listed on the London...
