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New Cannabis Products: CBD Chocolate, Sports Recovery And Wellness Drinks
Tuesday, May 26, 2020 - 4:40pm | 691Read More...As the cannabis market expands, it's hard to keep track of the many products that launch every week. Benzinga put together a short list of some of the most interesting new cannabis products launched recently. Garden Society’s CBD Milk Chocolate With Chai The California Wine...
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The Week In Cannabis: A Great Week For Stocks Driven By Confusion, Aurora's Rally, New Advisors To Benzinga
Sunday, May 24, 2020 - 1:33pm | 2307Read More...Despite a few hiccups like Green Growth Brands Inc (OTC: GGBXF) filing for insolvency, this was a great week for marijuana stocks, with all major ETFs posting double-digit gains. Over the five trading days of the week: The ETFMG Alternative Harvest ETF (NYSE: MJ): rose 16.6%. The AdvisorShares...
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Puration Posts Q1 Results, Touts 173% Revenue Spike
Thursday, May 21, 2020 - 2:28pm | 342Read More...Puration Inc. (OTCPK: PURA), an extraction cannabis company, announced Thursday its financial earnings for the first quarter of 2020. The report comes about three months after Puration made an offer to buy an undisclosed CBD pet product operation. That acquisition...
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Pregnancy, Breastfeeding And CBD: What You Need To Know
Thursday, May 21, 2020 - 11:56am | 776Read More...By The Fresh Toast's Mary Sauer, provided exclusively to Benzinga Cannabis. The general consensus is that using cannabis during pregnancy could be dangerous and that, without more research, it isn’t worth the risk. Marijuana isn’t largely accepted as safe for use during...
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Aurora Cannabis Analysts On Pros, Cons Of Entry Into US CBD Market
Thursday, May 21, 2020 - 11:55am | 850Read More...Aurora Cannabis Inc (NYSE: ACB) shares are on a roll yet again, this time in reaction to its announcement that it is entering the U.S. market through an M&A deal. The Aurora Cannabis Analysts Cantor Fitzgerald analyst Pablo Zuanic maintained an Overweight rating on Aurora...
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Aurora Cannabis Buys Reliva, Enters US CBD Market
Wednesday, May 20, 2020 - 4:41pm | 330Read More...Aurora Cannabis (NYSE: ACB) announced Wednesday afternoon it will acquire CBD platform Reliva for $40 million in Aurora common shares. What To Know About The Deal Aurora Cannabis is a Canadian licensed cannabis producer, headquartered in Edmonton. The transaction includes a potential earn-out of up...
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Double Down CBD Launches Product Line With Proprietary Extraction Tech
Wednesday, May 20, 2020 - 1:36pm | 333Read More...Double Down CBD announced Wednesday its entry into the CBD and CBG market with its organic hemp extracts, developed via a patent-pending extraction technology and process. While new to the consumer market, the Double Down product line was developed over three years with extensive beta testing...
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The Alkaline Water Co. Launches New CBD Products Line
Wednesday, May 20, 2020 - 1:25pm | 297Read More...The Alkaline Water Company (NASDAQ: WTER) has launched a new ingestible CBD product line, including CBD-water, capsules, tinctures and gummies. Based on the company's success as a national water brand, Alkaline is looking to capitalize on its retail connections and supply chain efficiencies to...
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TerrAscend To Fund Operations With $30M Private Placement Deal
Tuesday, May 19, 2020 - 3:15pm | 358Read More...Cannabis company TerrAscend Corp. (CSE: TER)(OTCQX: TRSSF) announced Tuesday it secured some $30 million in financing. TerrAscend plans to use funds, attained from a non-brokered private placement, to cover the costs of its U.S. expansion strategy, capital...
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Why Aurora Cannabis Rallied Almost 200% In 3 Days — And What's Next For The Pot Stock
Tuesday, May 19, 2020 - 2:03pm | 518Read More...Aurora Cannabis Inc. (NYSE: ACB) shares are cooling off after a three-session-long rally that netted the stock a gain of about 194%. Aurora's Q3 Results Kickstart The Rally Ahead of the quarterly results released May 14, Aurora Cannabis stock was down about 74% year-to-date, ravaged...
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Neptune Wellness Signs $16.5M Extraction Partnership
Tuesday, May 19, 2020 - 1:10pm | 323Read More...Neptune Wellness Solutions Inc. (NASDAQ:NEPT) (TSX: NEPT) reported Tuesday it has signed a $16.5 million deal that will see the Canadian CBD extraction company process up to 44,000 kilograms of crude and distillate from hemp. The processing will span six months and take...
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Analyst Shares Thoughts On cbdMD's Q2 Earnings: 'Sustainable Ongoing Operation'
Tuesday, May 19, 2020 - 12:32pm | 349Read More...CbdMD Inc (NYSE: YCBD) was in-line with analyst expectations as the company confirmed April sales remained flat during March. Management’s guidance of a 40% decline in operating expenses in the June quarter and confirmation of cbdMD being on track to reaching positive cash flows by yearend...
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CbdMD's Stock Rises 80% After Net Quarterly Sales Spike YoY Reaching $9.4M
Monday, May 18, 2020 - 5:44pm | 325Read More...Cannabidiol brand CbdMD Inc. (NYSE: YCBD) announced that net quarterly sales boosted 67% on a year-over-year basis, reaching $9.4 million. That's according to the company's second-quarter 2020 financial report. Another aspect that showed a significant increase was online direct to...
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Curaleaf To Launch Nano-Technology Gummies
Monday, May 18, 2020 - 1:08pm | 358Read More...Medical and wellness cannabis company Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) said Monday it has enriched its products portfolio with Curaleaf and Select Nano Gummies. The Wakefield, Massachusettes-headquartered company produced the new line of edibles employing...
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The Main Dos And Don'ts When First Using CBD
Sunday, May 17, 2020 - 12:20pm | 822Read More...By The Fresh Toast's Maria Loreto, provided exclusively to Benzinga Cannabis. CBD is easy to use, yet it’s very important to understand a few things before you make your first purchase. Incorporating CBD into your life is pretty simple. The compound has plenty of relaxing benefits that...
