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Earlier this week, Tilray Brands, Inc. (Nasdaq: TLRY) (TSX: TLRY) completed the acquisition of a secured convertible note which was previously issued by HEXO Corporation (Nasdaq: HEXO) (TSX: HEXO) and we consider this to be a significant development for both operators.  The investment is part of a strategic alliance with…

Sundial Growers Inc. (NASDAQ: SNDL) ended last week on a high note and surged higher after releasing third quarter financial results and announcing plans to repurchase up to C$100 million of outstanding common shares.  C$100 million is a significant share repurchase agreement for any cannabis company and we believe the…

Yesterday, Aurora Cannabis Inc. (TSX: ACB) (Nasdaq: ACB) released first quarter financial results and received mixed responses from broker-dealers.  We believe the most important takeaway from the quarter is related to how the Canadian cannabis company is highly focused on expanding its footprint in the United States (US). Below, we…

HEXO Corp (“HEXO” or the “Company”) (TSX: HEXO; NYSE: HEXO) announces closing of the previously disclosed transaction to purchase its first US production facility through a wholly owned US subsidiary. The ~50,000 sq. ft. facility in Fort Collins, Colorado will provide US CPG companies and consumers access to the Powered…

Next week, HEXO Corporation (TSX: HEXO) (NYSE: HEXO) will report third quarter financial results. This comes a few weeks after Canopy Growth (TSX: WEED) (Nasdaq: CGC) reported weaker-than-expected earnings and we expect the market to be highly focused on how HEXO performed after Canopy Growth highlighted a few risks in…

Aleafia Health Inc. (TSX: AH, OTCQX: ALEAF) (“Aleafia Health” or the “Company”), a global leader in cannabis wellness products and services, is pleased to announce that dried flower grown at its Niagara greenhouse facility has been successfully exported to Germany. Gaining access to Europe’s most mature legal cannabis market is…

Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC) today announces its financial results for the fourth quarter and Fiscal Year 2021 ended March 31, 2021.  All financial information in this press release is reported in Canadian dollars, unless otherwise indicated. "During Fiscal 2021, Canopy Growth transformed into a…

HEXO Corporation (TSX: HEXO) (NYSE: HEXO) ended last week on a high note after announcing a definitive agreement to acquire Redecan, Canada’s largest privately-owned Licensed Producer (LP) for $925 million (payable in cash and through the issuance of common shares). The definitive purchase agreement comes a few weeks after HEXO…

Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, announced today the launch of a dedicated Science & Innovation business group, with the aim of commercializing patented and patent pending technology that the Company believes will be key in the development of cannabinoid biosynthesis…

Last week, Auxly Cannabis Group Inc. (TSX: XLY) (OTCQX: CBWTF) strengthened its balance sheet and closed an $8 million private placement offering of units to an institutional investor. The Canadian cannabis company plans to use the proceeds for working capital and general corporate purposes. We believe the timing of the…