by InfluencER | Nov 12, 2020 | Investors
On Wednesday, Marijuana multistate operator Verano Holdings announced a definitive agreement to acquire Florida-based Alternative Medical Enterprises (AltMed) for an undisclosed price, creating one of the largest cannabis companies in the U.S. with 44 retail locations...
by InfluencER | Nov 12, 2020 | Investors, Pharma
Verano Holdings, LLC (“Verano”), a leading multi-state cannabis owner, operator, and manager today announced the signing of a definitive merger agreement to acquire and combine operations with Alternative Medical Enterprises, LLC, Plants of Ruskin, LLC, and affiliated...
by InfluencER | Nov 10, 2020 | Investors
Smiths Falls, Ontario-based Canopy Growth reported record net revenue of 135 million Canadian dollars ($104 million) in the second quarter ended Sept. 30, topping analyst expectations, along with a net loss of about CA$97 million. The revenue gain was led by dry bud...
by InfluencER | Nov 10, 2020 | Investors
November has delivered a triple-whammy of great news for cannabis stocks: Several states legalized the use of recreational marijuana, Joe Biden’s presidential victory could lead to more calls for decriminalization, and two leading cannabis companies reported...
by InfluencER | Nov 10, 2020 | Investors
Canopy Rivers Inc. today released its unaudited condensed interim consolidated financial statements in Canadian dollars and acknowledged taking a $112 million hit for its PharmHouse investment. The total comprehensive loss for the quarter was $87.0 million. On a...
by InfluencER | Nov 5, 2020 | Investors
Aphria Inc said on Wednesday it plans to buy craft brewer SweetWater Brewing Co for $300 million as it looks to expand into the United States while becoming the first major pot producer to enter the alcoholic beverages market. The deal gives Aphria a U.S. distribution...
