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HEXO Sells 33.9 Million Shares at C$1.02 Through ATM Program

HEXO Sells 33.9 Million Shares at C$1.02 Through ATM Program

by InfluencER | Aug 13, 2020 | Investors

On Thursday, HEXO Corp. announced it has completed its at-the-market equity program; called the “ATM Program”. Under the ATM Program, the Company sold an aggregate of 33,921,979 common shares between June 18, 2020, and July 31, 2020, through the Toronto Stock...
GTEC Announces Closing of Second Tranche of Approximately $12.5 Million Private Placement

GTEC Announces Closing of Second Tranche of Approximately $12.5 Million Private Placement

by InfluencER | Aug 13, 2020 | Investors

On Wednesday, GTEC Holdings Ltd announced it has closed its previously announced upsized private placement offering led by Sprott Capital Partners LP. According to a press release, GTEC issued 11,582,869 units of the Company at a price of $0.55 per Unit for gross...
Two Cannabis Tech Raises. In One Fyllo Get $US10Million To Further Build Regs Product – Is It Money Well Spent By Investors?

Two Cannabis Tech Raises. In One Fyllo Get $US10Million To Further Build Regs Product – Is It Money Well Spent By Investors?

by InfluencER | Aug 13, 2020 | Investors

Two technology-focused cannabis businesses have officially raised a combined $21.5 million in investment capital. On Tuesday, the Florida-based Springbig announced it raised $11.5 million in a Series B round that will help expand its retail operations. Then, On...
MPX International’s Wholly-Owned Subsidiary, Canveda Inc., Enters Into a Purchase Agreement With Zenabis Ltd. for the Supply of Cannabis

MPX International’s Wholly-Owned Subsidiary, Canveda Inc., Enters Into a Purchase Agreement With Zenabis Ltd. for the Supply of Cannabis

by InfluencER | Aug 13, 2020 | Investors

The multinational diversified cannabis company, MPX International Corporation announced its wholly-owned subsidiary, Canveda Inc. (“Canveda”), a license holder under the Cannabis Act in Canada has entered into a purchase agreement for high-quality cannabis flower from...
Trulieve Q2Revenue increases 26% from Q1 to $121 Million

Trulieve Q2Revenue increases 26% from Q1 to $121 Million

by InfluencER | Aug 12, 2020 | Investors

Trulieve Cannabis Corp, a leading cannabis company in the United States, announced its second quarter of 2020 ended June 30, 2020. According to company officials, Trulieve achieved record revenue of $120.8 million, an increase of 26% on a sequential quarter-to-quarter...
Cannabis industry readies for M&A after COVID-19 boosts weed demand

Cannabis industry readies for M&A after COVID-19 boosts weed demand

by InfluencER | Aug 12, 2020 | Investors

After nearly a limited deal-making, cannabis companies are gearing up for mergers and acquisitions as realistic stock assessments and the prospect of U.S. legalization attract buyers to a sector according to executives and investor. Many lucrative cannabis companies...
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