Cresco Stock Jumps After Securing $100M in Senior Term Loan
Cresco stock is moving higher in the early session on Thursday after Cresco Labs Inc (CSE:CL) (OTCQX:CRLBF) secured a term loan agreement for an initial sum of $100 million with an option to borrow up ... [Read]
Auxly Included in Select Group Added to the Newly Created S&P/TSX Cannabis Index (XCAN)
This Post Was Syndicated Under License Via QuoteMedia TORONTO, Jan. 22, 2020 (GLOBE NEWSWIRE) -- Auxly Cannabis Group Inc. (TSX.V: XLY) (OTCQX: CBWTF) (“Auxly” or the “Company”) is pleased to announce that it has been ... [Read]
Cannabis Consolidation: Could These Pot Producers Be in for a Merger?
It's been over 15 months since Canada legalized cannabis for recreational use, and while we still may be waiting on the rollout of the cannabis 2.0 market to get a full picture of where the ... [Read]
CannaOne Offered “BUY” Rating and Sizable Price Target
One Wall Street analyst sees cannabis e-commerce company CannaOne Technologies Inc. (CSE:CNNA) (OTCPK:CNONF) making a serious rebound this year, offering the company a "BUY" rating and a hefty price target. According to MarketBeat, an analyst ... [Read]
LXX Stock Gains on Expanded Cannadips Agreement
LXX stock is in the green on Wednesday after Lexaria Bioscience (CSE:LXX) (OTCQX:LXRP) announced that it had reached an expanded agreement with Cannadips Cannabis to provide its DehydraTECH drug delivery technology to the cannabis punch ... [Read]
CGC Stock Pops Following New Board Appointments
CGC stock is making gains today after Canopy Growth (TSX:WEED) (NYSE:CGC) announced the appointment of Judy Schmeling as Chair and Jim Sabia to the Board of Directors. New Board Members Boost CGC Stock Ms. Schmeling ... [Read]
TRUL Stock Outperformed in 2019: What to Expect This Year?
2019 might have been a pretty disappointing year for cannabis stocks due to the widespread issues with the industry, but some stocks managed to buck the trend. One of those was TRUL stock, so we're ... [Read]
Curaleaf Stock Jumps on Extension of Lock-Up Period
Curaleaf stock is moving higher in the early morning session after Curaleaf Holdings (CSE:CURA) (OTCQX:CURLF) struck an agreement with its shareholders to extend its lock-up period. Key Points to Watch In a development that is ... [Read]
High Tide Receives BUY Rating Amid Roll-Out Plans for Alberta & Ontario
Based in Alberta, High Tide Inc. (CSE:HITI) (OTCQB:HITIF) is a vertically-integrated, downstream cannabis company. With 10 years of operational experience and six businesses under its belt, High Tide has become a leading cannabis enterprise with ... [Read]
Organigram Stock Extends Rally on New Canadian Supply Deal
Organigram stock made solid gains last week after Organigram Holdings (TSX:OGI) (NASDAQ:OGI) announced that it had reached a supply deal with Medical Cannabis by Shoppers, the online medical cannabis platform by Shoppers Drug Mart. Shoppers ... [Read]