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GTI Raises Additional $56M Through Share Sale
Tuesday, February 23, 2021 - 11:32am | 315Cannabis consumer packaged goods company Green Thumb Industries Inc. (OTCQX: GTBIF) is getting yet another tranche of financing. After raising some $100 million by selling 3.1 million shares at $32.03 per share earlier this month, the Chicago-based company secured an additional $56 million in...
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1933 Reports 13% Increase In First Quarter Revenue, Adjusted EBITDA Improves 80%
Wednesday, December 30, 2020 - 10:18am | 278Cannabis consumer packaged goods company, 1933 Industries Inc. (OTCQX: TGIFF) reported Tuesday it has generated roughly CA$2.7 million ($2.1 million) in revenue over the first quarter of fiscal 2021. That’s a sequential increase of 13%. “During the first quarter of 2021, tremendous...
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Cannabis Movers & Shakers: Cannabis Growth Opportunity, Bhang, CanaFarma Hemp, Amfil Technologies
Wednesday, November 25, 2020 - 1:31pm | 533Here is a summary of the latest company shakeups within the cannabis industry. 3 Execs Exit Cannabis Growth Opportunity Investment company Cannabis Growth Opportunity Corporation (CSE: CGOC) has parted ways with several executives. Nick Richards decided to step down from the director's...
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Sunderstorm Brings Kanha Edible Gummies To Colorado, Massachusetts, and Canada
Thursday, October 22, 2020 - 10:41am | 317Cannabis manufacturer Sunderstorm Inc. has introduced Kanha edible gummies in Colorado and Massachusetts, as well as in Canada. The Los Angeles-based CPG company confirmed Thursday it would team up with cannabis manufacturers in each market to reproduce the product...
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Cannabis Movers & Shakers: Bhang, CannaSafe, Green Cures, From The Earth
Tuesday, October 13, 2020 - 9:08am | 979Peruse the latest corporate shake-ups in the cannabis industry: Bhang Parts Ways With Graham Simmonds, Appoints CGOC‘s Nick Richards To Board Cannabis CPG company Bhang Inc. (CSE: BHNG) (OTCQB: BHNGF) tapped Nick Richards to its board, replacing Graham Simmonds. The Miami-based...
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Tilray CEO Talks Global Cannabis Interest, New Participants In Bloomberg Interview
Thursday, September 5, 2019 - 12:48pm | 430Cannabis company Tilray, Inc. (NASDAQ: TLRY) participated in The Barclays Global Consumer Staples Conference, and CEO Brendan Kennedy told Bloomberg there is "a lot of interest" among participants in gaining new exposure to cannabis. What Happened Many Fortune 500 CPG brands are looking...
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Amazon Will Be A Disruptive Player In Groceries Over Next 5 Years
Sunday, July 2, 2017 - 5:35pm | 525Analysts at Deutsche Bank hosted a panel of four experts to dissect Amazon.com, Inc. (NASDAQ: AMZN)'s proposed acquisition of Whole Foods Market, Inc. (NASDAQ: WFM). The analyst's main takeaway from the discussion is that Amazon will become a "disruptive player" in groceries over the next five...