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Although the market responded favorably to Canopy Growth’s (TSX: WEED) (Nasdaq: CGC) third-quarter earnings report, three broker-dealers issued lower price targets on the Canadian Licensed Producer (LP).  During the quarter, Canopy Growth reported $141 million of revenue, a $67 million adjusted EBITDA loss, and a $115 million net loss. When compared to the…

The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS) (the "Company" "The Valens Company" or "Valens"), a leading manufacturer of cannabis products, today announced the successful commissioning and completion of first shipments from Pommies (otherwise known as Southern Cliff Brands) located in the Greater Toronto Area (the "GTA Facility"). The 30,000 square feet GTA…

Aurora Cannabis Inc. (the "Company" or "Aurora") (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, today announced its financial and operational results for the second quarter fiscal 2022 ended December 31, 2021. Aurora Cannabis Logo (CNW Group/Aurora Cannabis Inc.) "During the second quarter, we improved our Adjusted EBITDA by $2.5…

After the market closes today, Aurora Cannabis Inc. (TSX: ACB) (Nasdaq: ACB) will report second quarter financial results and we expect the market to dissect the numbers that are released.  Yesterday, Canopy Growth Corporation (TSX: WEED) (Nasdaq: CGC) traded almost 15% higher after releasing third quarter financial results and we…

HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the “Company"), a leading producer of high-quality cannabis products, today provided an update on its previously announced strategic plan, "The Path Forward", designed to solidify HEXO’s position as the number one cannabis company in Canada by recreational market share, with the goal…

High Tide Inc. (“High Tide” or the “Company”) (TSXV: HITI) (Nasdaq: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, is pleased to announce that further to its press release dated January 5, 2022, the Company has completed its acquisition (the “Acquisition”) of…

Earlier this week, Canopy Growth Corporation (TSX: WEED) (Nasdaq: CGC) reported third quarter financial results and received a favorable reaction from the market.  Although the leading Canadian Licensed Producer (LP) reported lower revenue when compared to the same period last year, we believe the management team is executing on a…

HEXO Corporation (TSX: HEXO) (Nasdaq: HEXO) is once again the subject of an activist shareholder complaint and we are not surprised by the development due to the business being a major underperformer. The shareholder Adam Arviv plans to nominate five new independent directors through his fund KAOS Capital Ltd., which…

(TSX:CWEB) (OTCQX:CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web" or the "Company"), the market leader in cannabidiol (CBD) hemp extract wellness products, shares the positive results from a randomized, controlled, clinical trial study which evaluated the effectiveness of hemp-derived CBD extracts. Charlotte's Web participated in the Radicle ACES (Advancing CBD Education and…

Sundial Growers Inc. (Nasdaq: SNDL) today announced that it has received an extension of 180 calendar days to regain compliance with Nasdaq's minimum bid price requirement. Sundial Growers Inc. logo (CNW Group/Sundial Growers Inc.) As previously reported, the Company was notified by Nasdaq on August 9, 2021 that the bid price for…