Cannabis and Hemp Industry Investment News

Cannabis Industry Press Releases and News Articles from the best investment journalist in the industry. Stay updated on all cannabis investment news from every online source, on MjInvest.com
Namaste Technologies CEO Meni Morim joined Proactive’s Stephen Gunnion with news of the company’s second-quarter financial and operational performance. Morim telling Proactive that a focus on higher margin products supported an improvement in profit margins while core earnings (EBITDA) benefitted from a decrease in operating expenses. Namaste also
Staying true to its distribution strategy, Heritage reports strong growth in shelf space for its brands, combined with increased product distribution across Canada Heritage also provided a regional breakdown for its Canadian operations Heritage Cannabis Holdings Corp said it has started 3Q in a ‘strong’ position, thanks to a profitable se
Staying true to its distribution strategy, Heritage reports strong growth in shelf space for its brands, combined with increased product distribution across Canada Heritage also provided a regional breakdown for its Canadian operations Heritage Cannabis Holdings Corp said it has started 3Q in a ‘strong’ position, thanks to a profitable se
FSD Pharma said it will provide further updates to its shareholders in the coming weeks FSD Pharma Inc has announced the appointment of Anthony Durkacz as the company’s new interim chief executive officer (CEO) as well as the reinstatement of Zeeshan Saeed as FSD Pharma’s president. Durkacz had previously served on FSD Pharma’s board of directors a
The company’s main Propagation Services Canada subsidiary has also rebranded as Boundary Bay Cannabis to coincide with the firm’s first cannabis crop harvest AgraFlora also said it has sold its Binbrook property for around $1.87 million and plans to complete a share consolidation AgraFlora Organics International Inc has announced that, effective on
The company granted WB Canna exclusive distribution and marketing rights across 33 countries in the Caribbean and Central America The company said the distribution agreement extends to duty free channels, cruise and travel retail Harvest One Cannabis Inc (CVE:HVT) (OTCQB:HRVOF) revealed that it has signed a three-year renewable marketing and distri
The deal is Audacious’s first entry into the CBD beverages category, which is estimated to reach $14.6 billion globally by 2026 LOOS sells a two-ounce drink (or shot) infused with 100mg of THC, in three flavors Australis Capital Inc (CSE:AUSA) (OTCMKTS:AUSAF), which is doing business as Audacious, has announced that it is acquiring California canna
Canada-based licensed producers in MMJ’s portfolio such as Weed Me are set to take advantage of the retail sales growth. The annual cannabis retail market in Canada is now C$3.5 billion annually. () (OTCMKTS:MMJF) expects physical retail sales of cannabis to tick higher along with continued robust online sales, as economies move out of lockdowns. L
CannMart has received its first purchase orders from Manitoba and Saskatchewan for its 2.0 consumer-focused, recreational house brand Roilty Concentrates () (FRA:M5BQ) () (FRA:M5BQ) has announced that its subsidiary CannMart Inc has signed a Master Distribution Agreement with Rapid Dose Therapeutics Corp (RDT) (CSE:DOSE).  “We are excited to enter
1933 Industries (CSE: TGIF – OTCQB: TGIFF) CEO Paul Rosen joined Steve Darling from Proactive to bring news the company has made a sharp turnaround that is shown in their Q3 financial numbers. Rosen sharing with Proactive, the company has Q3 2021 revenues of $3.4 million, compared to $2.6 million for Q3 2020. That accounts for a 32% increase. Expen
Heritage Cannabis (CSE: CANN – OTCQX: HERTF) CEO Clint Sharples joined Steve Darling to share news the company saw a very good 2nd quarter in which revenue jumped by 251% over Q1. The company bringing in 4.6 million compared to 1.8 million in the first quarter of 2021. Sharples talks about the strong numbers and cash position for the company he als
For the quarter ended April 30, 2021, the cannabis products company reported revenue that was up 251% to $4.6 million, compared to $1.8 million in the fiscal first quarter of 2021 Heritage has significantly expanded its product portfolio to now include concentrates, vapes, topicals, edibles and dried flower Heritage Cannabis Holdings Corp (CSE:CANN