MedReleaf Archives

Debra BorchardtJune 19, 2018

Canadian cannabis company MedReleaf Corp. reported that its sales increased 8% to C$43.6 million for the fiscal year 2018, still the company reported a net loss of C$7.5 million. The fiscal fourth-quarter sales rose 16% to C$12 million and a net loss of C$812,000. The company attributed the losses to increased overhead costs and investments in […]

StaffMay 14, 2018

It’s time for your Daily Hit of cannabis financial news for May 14, 2018. On The Site Canopy Growth Canadian-based medical marijuana company Canopy Growth (TWMJF) announced that it has applied to the New York Stock Exchange (ICE) to list its shares. The company said that it expects to begin trading at the exchange by […]

Debra BorchardtMay 14, 2018

After denying rumors last week about a potential acquisition, Aurora Cannabis (ACBFF) announced that it was entering an agreement to acquire MedReleaf (MEDFF) in a deal valued at C$3.2 billion. The acquisition brings together two leading producers in Canada’s medical marijuana community enabling them to deliver a capacity of over 570,000 kg of cannabis a […]

Debra BorchardtMay 4, 2018

It’s time for your Daily Hit of cannabis news for May 4, 2018. May the 4th be with you. Aurora Cannabis, MedReleaf The rumor mill was pretty heated with talk of a big deal between Aurora Cannabis (ACBFF) and MedReleaf (MEDFF). Both company stocks were halted as trading levels entered the “unusual trading” territory. Both […]

StaffApril 12, 2018

These are the cannabis news briefs for April 12, 2018: On The Site Hemp Bill Industrial hemp may soon be legal in the United States. On April 12, 2018, United States Senate Majority Leader Mitch McConnell introduced the Industrial Hemp Act of 2018, a bill legalizing industrial hemp nationwide. Under the proposed legislation, hemp would […]

Debra BorchardtApril 11, 2018

Here are your daily cannabis news briefs for April 11, 2018: On The Site Acreage Holdings The big news this week is that former Speaker of the House John Boehner and former Massachusetts governor Bill Weld have joined the board at the up & coming Acreage Holdings. The company was formerly known as High Street […]

Debra BorchardtFebruary 13, 2018

MedReleaf Corp. (MEDFF) delivered mixed results for its third quarter fiscal 2018 as sales increased, but so did the losses. The company reported sales of $11.4 million, an increase of 9% over last year and a sequential increase of 16%. Yet, the company still recorded a net loss of $5 million versus last year’s net […]

Debra BorchardtJanuary 12, 2018

ICR Inc. held its retail conference in Orlando, FL this week. This “invitation only ” event is mostly retail operations and restaurant/food businesses. It is heavily attended by the investment community looking to get updates on big names like Lululemon (LULU), but also to see where the buzz is for up and coming private companies. This […]

Debra BorchardtJanuary 9, 2018

MedReleaf Corp. (MEDFF) stock popped over 7% on the OTC Marketplace following the announcement of a $100 million bought deal. Shares jumped over 7% to lately trade at $23.66. This is near the high of its 52-week range of $24.99. The company announced that it has entered into an agreement with Canaccord Genuity Corp. and GMP Securities L.P. to […]

Debra BorchardtOctober 18, 2017

On Tuesday, the Toronto Stock Exchange issued a statement regarding cannabis companies that are listed on its exchange and are pursuing businesses in the United States. The exchange issued a bulletin saying that due to a significant number of inquiries that it had received about cannabis activities in the U.S. it was providing clarification. The statement […]

Lykos Therapeutics Secures $100M in Series A Funding, Rebrands from MAPS PBC

Functional Mushrooms Move Into Mainstream as Wellness Trend Grows

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Tag: MedReleaf

MedReleaf Reports Sales Increase 8% For Fiscal 2018

The Daily Hit: May 14, 2018

Aurora To Buy MedReleaf In C$3.2 Billion Deal

The Daily Hit: May 4, 2018

The Daily Hit: April 12, 2018

The Daily Hit: April 11, 2018

MedReleaf Sales Increase Along With Losses In Third Quarter

Industry Insiders Expect Substantial Consolidation In Cannabis

MedReleaf Announces $100 Million Deal

Toronto Exchange Just Says No To American Marijuana

The Daily Hit - TEST TEST TEST

Lykos Therapeutics Secures $100M in Series A Funding, Rebrands from MAPS PBC

Functional Mushrooms Move Into Mainstream as Wellness Trend Grows

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