New Cannabis Ventures

Debt for Equity Swaps Can Create an Opportunity for Cannabis Investors

Sun, 27 Sep 2020 14:57:01 GMT

You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to help our readers stay ahead of the curve as well as links to the week’s most important news. Subscribe to receive our free weekly newsletter in […]

CBD Company Kadenwood Brands Bets on Vertical Integration for Long-Term Success

Thu, 24 Sep 2020 18:10:20 GMT

Exclusive Interview with Kadenwood Brands Co-Founder and CEO Erick Dickens Kadenwood Brands has two sides to its business: consumer brands and bioscience. Through the recent acquisition of EcoGen Laboratories, the company has become vertically integrated. Co-Founder and CEO Erick Dickens spoke with New Cannabis Ventures about developing the company’s brands, the importance of vertical integration […]

KushCo Expects Fiscal Q4 Revenue to Increase 14-17% Sequentially

Thu, 24 Sep 2020 12:55:23 GMT

KushCo Holdings Reports Preliminary Fiscal Fourth Quarter 2020 Results Company Expects Fiscal Q4 2020 Revenue to Increase 14% to 17% Sequentially and to Achieve Positive Adjusted EBITDA For the First Time in Three Years Company Reiterates Fiscal Q4 2020 Cash SG&A Guidance of $6.5 Million to $7.5 Million CYPRESS, CA / ACCESSWIRE / September 24, […]

WeedMD Taps Labor Union Pension Fund for $30 Million Credit Facility at 15% Interest Rate

Thu, 24 Sep 2020 00:15:46 GMT

WeedMD Enters into Binding Term Sheet for $30 Million Credit Facility with LiUNA Pension Fund and Changes Filing Date of Second Quarter 2020 Financials to September 30, 2020 Non-dilutive financing to fund continued growth including accelerating sales of Color Cannabis adult-use products and Starseed’s unique medical service offerings to payor groups and patients Company financials […]

Indiva Ships Wana Sour Gummies to British Columbia

Wed, 23 Sep 2020 11:34:24 GMT

Wana™ Sour Gummies now available on the West Coast LONDON, Ontario, Sept. 23, 2020 (GLOBE NEWSWIRE) — Indiva Limited (TSXV:NDVA) (OTCQX:NDVAF), the parent company of Indiva Inc. (the “Company” or “Indiva”), a leading Canadian producer of cannabis edibles and other cannabis products, is pleased to announce that Wana™ Sour Gummies have shipped to British Columbia […]

Fire & Flower Announces the Opening of its Toronto – Parkdale Cannabis Retail Store

Wed, 23 Sep 2020 10:35:21 GMT

TORONTO, Sept. 23, 2020 /CNW/ – Fire & Flower Holdings Corp. (TSX: FAF) (OTCQX: FFLWF) and its wholly-owned subsidiary Fire & Flower Inc. (collectively, “Fire & Flower” or the “Company”) today announced the opening of its Toronto-Parkdale cannabis retail store. The Company has received its Retail Store Authorization from the Alcohol and Gaming Commission of […]

Aurora Cannabis Q4 Revenue Decreases 5% Sequentially to $72.1 Million

Tue, 22 Sep 2020 21:01:43 GMT

Aurora Cannabis Announces Fiscal Fourth Quarter 2020 Results Continued Adjusted EBITDA Improvement Due to Strong Gross Margins and Reduced SG&A Debt Levels and CapEx Spend Down Substantially in Q4 2020 Provides Guidance for Q1 2021 NYSE | TSX: ACB EDMONTON, AB, Sept. 22, 2020 /PRNewswire/ – Aurora Cannabis Inc. (the “Company” or “Aurora”) (NYSE | […]

Cannabis Tech Company Dutchie Positions to Extend 25% Market Share in Cannabis Ecommerce

Tue, 22 Sep 2020 16:21:59 GMT

Exclusive Interview with Dutchie Co-Founder and CEO Ross Lipson When New Cannabis Ventures last spoke with Dutchie Co-Founder and CEO Ross Lipson in 2018, the company had less than 20 employees, and it was just about to launch in the Canadian market. In 2020, Lipson checked in to discuss how much the team has grown, […]

Cresco Labs Announces Approval for Tenth Illinois Dispensary in Naperville

Tue, 22 Sep 2020 12:24:02 GMT

CHICAGO, September 22, 2020–(BUSINESS WIRE)–Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or “the Company”), one of the largest vertically integrated multistate cannabis operators in the United States, announced the approval and the location of its tenth Illinois dispensary in Naperville. The adult-use dispensary is located in one of the busiest shopping areas in Naperville, the 3rd largest city in […]

Cannabis Retail Can Create Value

Sun, 20 Sep 2020 14:55:09 GMT