Tag: The Daily Hit

It’s time for your Daily Hit of cannabis financial news for June 10th, 2021.    On the Site Executive Spotlight: Meg Sanders Canna Provisions CEO Meg Sanders is a powerhouse and a connector of people and talents. She took $5mil+ business and turned it into a thriving and growing $100mil+ company in US cannabis. Canna […]

It’s time for your Daily Hit of cannabis financial news for June 1, 2021. On The Site Canopy Growth Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC)  announced its financial results for the fourth quarter and fiscal year 2021 ending March 31, 2021. Canopy Growth’s revenue increased 38% to $148 million. The net losses for the […]

It’s time for your Daily Hit of cannabis financial news for May 11, 2021. On The Site Charlotte’s Web Charlotte’s Web Holdings, Inc. (OTCQX: CWBHF) reported financial results for the first quarter ended March 31, 2021, as revenue increased 9.1% to $23.4 million. This missed the average analyst estimate for $27 million from Yahoo Finance. […]

It’s time for your Daily Hit of financial cannabis news for January 21, 2021. On The Site Revive Therapeutics No sooner had Revive Therapeutics Ltd. (OTC: RVVTF) announce it had raised $10, then it stopped trading to say the deal was upsized to $20 million. Revive is a specialty life sciences company focused on the research and […]

It’s time for your Daily Hit of cannabis financial news for December 2nd, 2020.  On the Site Hydrofarm Plans IPO to Pay off Debt The independent branded hydroponics company with a comprehensive distribution platform, Hydrofarm Holdings Group, Inc. said it was launching an initial public offering of 8,666,667 shares of its common stock. The initial […]

It’s time for your Daily Hit of cannabis financial news for November 23rd, 2020.  On the Site Dispensaries Pivot As Regions In Ontario Start New Lockdown Orders The number of cases of COVID-19 has spiked in the province of Ontario causing new lockdown orders. On Sunday, Ontario Regulation 654/20 was made allowing cannabis retail stores […]

It’s time for your Daily Hit of cannabis financial news for November 2, 2020. On the Site TerrAscend TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF) announced preliminary financial results for its third-quarter ending September 30, 2020, with net sales of $51.0 million, representing 8% sequential and 90% year over year growth. All amounts are in Canadian dollars. TerrAscend did not […]

It’s time for your Daily Hit of cannabis financial news for October 13, 2020. On the Site Flower One Flower One Holdings Inc. (CSE: FONE) (OTCQX: FLOOF) announced preliminary third-quarter revenue of $11.5 million surpassing its Q3 2020 revenue guidance range of $9.8 million and $10.8 million. The company did not state whether it had any profits or net losses. Flower One said it continues […]