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Flora Growth Corp. (NASDAQ: FLGC), an all-outdoor cultivator and manufacturer of cannabis-derived products and brands, today announced it has expanded into the United Kingdom and Costa Rica, fulfilling initial orders from two new distributors. Specifically, Flora’s Kasa Wholefoods division has fulfilled an initial shipment of Mambe juices to a distributor…
Aurora Cannabis Inc. (ACB: TSX) (ACB: NYSE) is under pressure in pre-market trading after reporting third quarter financial results that missed expectations. Following the earnings report, several broker-dealers issued new ratings and price targets on the Canadian cannabis producer. We find the changes to be significant and have highlighted them…
HEXO Corp (“HEXO” or the “Company”) (TSX: HEXO; NYSE: HEXO) today announced Purchase and Sale Agreements in relation to its first US production facility, through a wholly owned US subsidiary. The ~50,000 sq. ft. facility, located in Northern Colorado, will provide US CPGs and consumers access to the Powered by…
Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, today announced its financial and operational results for the third quarter of fiscal 2021 ended March 31, 2021 . "Consistent with many of our peers, the quarter presented challenges in the Canadian adult-use segment.…
Earlier this month, broker-dealers provided mixed signals on Cronos Group Inc. (Nasdaq: CRON) (TSX: CRON) following a lackluster first quarter earnings report. While one broker-dealer raised its price target on the Canadian Licensed Producer (LP), another firm lowered its price target and we find the disconnect to be a sign…
MariMed, Inc. (OTCQX: MRMD) (the "Company" or "MariMed"), a multi-state cannabis operator focused on health and wellness, has announced that its award-winning Betty's Eddies brand is now available for purchase at licensed retailers in Maine . Betty's Eddies launches in Mainewith a reformulated, softer chew that will be rolled out…
High Tide Inc. (TSXV: HITI) (OTCQB: HITID) (FRA: 2LY), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, is pleased to announce that further to its press releases dated May 12, 2021 , all of its issued and outstanding common shares began trading on a post-…
HEXO Corp. (TSX: HEXO; NYSE: HEXO) is pleased to announce its partnership with REQ , a leader in digital marketing and brand reputation. As U.S. Agency of Record, REQ will assist HEXO as it continues to expand its footprint in the U.S. and ramps up to support the growth initiatives…
Sundial Growers Inc. (Nasdaq: SNDL) made a splash and entered the cannabis retail market through the acquisition of Inner Spirit Holdings Ltd. (CSE: ISH) (OTCQB: INSHF). In regards to the Canadian cannabis retail market, we consider Inner Spirit to be an attractive opportunity. Over the last few years, the Spiritleaf…
Last week, marked another milestone of the legal cannabis industry after Jazz Pharmaceuticals (Nasdaq: JAZZ) completed the acquisition of GW Pharmaceuticals plc., a leader in the science, development and commercialization of cannabinoid-based prescription medicines. Although the acquisition did receive as much attention as the merger between Aphria and Tilray, Inc. (TLRY.TO)…