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Canadian Retailer Fire & Flower Q2 Revenue Increases 24% Sequentially to $28.6 Million

Canadian Retailer Fire & Flower Q2 Revenue Increases 24% Sequentially to $28.6 Million

by InfluencER | Sep 15, 2020 | Investors

Fire & Flower announced second-quarter 2020 financial results showed that quarterly revenue was up 158% to $28.6 million. According to financial reports, the company generated revenue of $28.6 million including sales of $23.4 million in the Retail channel, $4.3...
Terrace Global Announces Closing of $15 Million Financing

Terrace Global Announces Closing of $15 Million Financing

by InfluencER | Sep 10, 2020 | Investors

Terrace Global Inc. announced they closed the previously announced non-brokered private placement (the “Private Placement”) of 120,000,000 subscription receipts at an issue price of $0.125 per Subscription Receipt for aggregate gross proceeds of $15,000,000. Francisco...
Village Farms buying balance of Pure Sunfarms as cannabis M&A ‘improving’

Village Farms buying balance of Pure Sunfarms as cannabis M&A ‘improving’

by InfluencER | Sep 10, 2020 | Investors

Village Farms International announced they are acquiring all of the outstanding shares of cannabis producer Pure Sunfarms. Vancouver, British Columbia-based Village Farms, which controls 58.3% of Pure Sunfarms, reached a financial agreement to buy the remaining stake...
Shield Compliance Partners with KeyPoint Credit Union to Serve the Legal Cannabis Industry in California

Shield Compliance Partners with KeyPoint Credit Union to Serve the Legal Cannabis Industry in California

by InfluencER | Sep 9, 2020 | Investors

Shield Compliance, a comprehensive compliance management platform for banking legal marijuana-related businesses (MRBs), announced a partnership with California-based KeyPoint Credit Union to support its cannabis banking program. KeyPoint announced through this...
Aurora names new CEO, signals revenue decline and massive write-downs

Aurora names new CEO, signals revenue decline and massive write-downs

by InfluencER | Sep 9, 2020 | Investors

Aurora Cannabis promoted Miguel Martin to the role of CEO. Also, company officials warned investors to expect declining quarterly revenue and write-downs of up to 1.8 billion Canadian dollars ($1.37 billion) for the fourth-quarter results in two weeks. Martin was the...
US-focused cannabis ETF set to launch on New York Stock Exchange

US-focused cannabis ETF set to launch on New York Stock Exchange

by InfluencER | Sep 2, 2020 | Investors

On September 2nd, a Maryland-based investment management company is launching the first U.S listed exchange-traded fund (ETF) that will focus solely on American cannabis companies, including multi-state operators. The fund will trade under the ticker symbol MSOS on...
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