Cannabis in the News, Cannabis Market, Finance
Generated $124 million Net Revenue, up from $76 million in Q2 2020Excluding portfolio restructuring charges in Q2 2020, Net Revenue up 13%Achieved Gross Margin of 34%Total Operating Expenses down 14% versus the prior quarterAdjusted EBITDA loss decreases to $92...
Cannabis in the News, Cannabis Market, Finance, Financial Results
NYSE | TSX: ACB EDMONTON, Feb. 13, 2020 /PRNewswire/ – Aurora Cannabis Inc. (the “Company” or “Aurora”) (NYSE | TSX: ACB), the Canadian company defining the future of cannabis worldwide, announced today its financial and operational...
Cannabis in the News, CBD in the News, Edibles, Finance
CBD Infused Products Continue to Bolster Global Billion Dollar Market Growth PALM BEACH, Florida, Feb. 12, 2020 /PRNewswire/ — The global CBD size is projected to continue its seemingly ever-accelerating growth and is expected to reach USD 23.6 billion,...
Cannabis in the News, Finance, Financial Results
Harvest One Announces Review of Strategic Alternatives VANCOUVER, Feb. 12, 2020 /PRNewswire/ – Harvest One Cannabis Inc. (“Harvest One” or the “Company”) (TSX-V: HVT;OTCQX: HRVOF) announced today that its Board of Directors has initiated...
Cannabis in the News, Cannabis Market, Cannabis Normalization, Finance, International Cannabis News, Investment Opportunities
Cannabis Market Expected to Grow at CAGR of 28.7%, by 2026 – Research Dive PUNE, India, Feb. 12, 2020 /PRNewswire/ — According to a new research study published by Research Dive, global medical marijuana (Cannabis) market forecast revenue of $36,205.4...
Cannabis in the News, Cannabis Market, Finance, Investment Opportunities, Stock Talk
Cannabis Stock Sector Provides Possible Opportunity The cannabis sector came face-to-face this week with news from two of its biggest contenders as Aurora Cannabis Inc. & Tilray Inc. both announced layoffs. Both cannabis companies announced that they have reduced...