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TORONTO, July 26, 2022 /CNW/ - Halo Collective Inc. ("Halo" or the "Company") (NEO: HALO) (OTCQX: HCANF) (Germany: A9KN) today announced the expiration of Halo's previously announced letter of intent to acquire PhytoCann Holdings SA ("Phytocann") in accordance with the terms thereof. The Company cited market conditions as the driving factor for…

Last week, Organigram Holdings Inc. (Nasdaq: OGI) (TSX: OGI) released third quarter financial results and reported stronger-than-expected revenues and guided higher for the current quarter. We are favorable on these key data points from the Canadian Licensed Producer’s (LP) earnings report and will monitor how the trend continues in future…

In 2014, Canopy Growth Corporation (TSX: WEED) (Nasdaq: CGC) completed a go-public transaction and has since become one of the best-known cannabis firms in the world. Due to the management team’s ability to continue to advance the story, we classify the Canadian Licensed Producer (LP) as a company of firsts.…

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…

LEAMINGTON, Ontario, July 12, 2022 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. (“Tilray Brands” or the “Company”) (Nasdaq | TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life, today announced that the Company has closed its previously-disclosed acquisition from HT Investments MA…

BOCA RATON, Fla., July 12, 2022 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced that Ed Kremer has resigned from his position as Chief Financial Officer to accept a role at a competing large cannabis multi-state operator. Mr. Kremer’s…

CALGARY, July 13, 2022 /CNW/ – High Tide Inc. (“High Tide” or the “Company”) (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, announced today that its Canna Cabana retail cannabis store located at 10027 100 Street in Fort St.…

Although Canada was leading the legal recreational cannabis market for several years, the last two years have been much more challenging for all types of cannabis businesses. We believe that several factors played a primary role in the failure of the Canadian cannabis market and have highlighted what we consider…

Yesterday was a tough day for the cannabis sector and Canadian Licensed Producers (LPs) were especially impacted by the volatility. Canopy Growth Corporation (TSX: WEED) (Nasdaq: CGC) and Aurora Cannabis Inc. (TSX: ACB) (Nasdaq: ACB) are two well-known Canadian LPs which fell more than 10% to start the week and…

During the last year, the cannabis industry lost more than half of its value (based on the market capitalizations of public companies) and the sector faces uncertainty as interest rates continue to rise.  Today, we have highlighted what we consider to be 5 important themes for the back half of…