Acreage Enters Into Definitive Funding Agreement for $15 Million

— Acreage Holdings, Inc. (“Acreage” or the “Company”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ) today announced it entered into a short-term definitive funding agreement with an institutional investor (the “Lender”) for a total of $15,000,000 in gross proceeds. FINANCING TERMS AND DETAILS The secured note has a maturity date of four months and bears interest at aContinue reading “Acreage Enters Into Definitive Funding Agreement for $15 Million”

Canopy Growth (NYSE: $CGC) Downgraded by Several Analysts

Canopy Growth Corp. engages in the production and sale of medical cannabis. The company offers products including oils and concentrates, soft gel capsules and hemp. It focuses on the treatment of chronic pain, seizures, muscle spasms, nausea, and loss of appetite. The company was founded by Bruce Linton on August 5, 2009 and is headquarteredContinue reading “Canopy Growth (NYSE: $CGC) Downgraded by Several Analysts”

Canopy Growth (NYSE: CGC) Reports Net Loss of $1.3 billion, Adjusted EBITDA loss of $102 million in Q4 2020

“Through the COVID-19 pandemic we have worked hard to ensure the health and well-being of our teams and customers and the continuity of our business.  During this time, our team has rolled out our exciting new cannabis-infused beverages and vape products in Canada and a portfolio of CBD products in the US,” CEO David Klein CanopyContinue reading “Canopy Growth (NYSE: CGC) Reports Net Loss of $1.3 billion, Adjusted EBITDA loss of $102 million in Q4 2020”

Cannabis Extraction Companies Comparison Report | CIG

CIG’s Comparison of four major Canadian cannabis extraction companies. Valens Groworks (TSX-V: VGW, OTC: VGWCF) Radient Technologies Inc (TSX-V: RTI, OTC: RDDTF) Neptune Wellness Solutions (TSX: NEPT, NASDAQ: NEPT) MediPharm Labs (TSX: LABS, OTC: MEDIF) Expected Future Capacity Valens Neptune MediPharm Radient Capacity (kg) 1,000,000 1,500,000 250,000 6,720,000 Major Partnerships Valens Groworks (TSX-V: VGW, OTC:Continue reading “Cannabis Extraction Companies Comparison Report | CIG”

Death Spiral Finance

What is Death Spiral Finance?  In death spiral finance a financier or lender typically agrees to loan a publicly-traded company some amount of cash. In exchange the lender takes a convertible debenture with typically a reasonable interest rate. These folks start lining up at the door when the stock begins to hit above $1 aContinue reading “Death Spiral Finance”

Balance Sheet + Income Statement (Canada)

A balance sheet is a statement of the financial position of a business that lists the assets, liabilities and owner’s equity at a particular point in time. In other words, the balance sheet illustrates your business’s net worth. Source: Investing.com Disclaimer: All posts made on this website are provided for information purposes only. None of the information hereContinue reading “Balance Sheet + Income Statement (Canada)”

THCX

Introducing THCX: the pure-play ETF solution for investing in cannabis. Supported by favorable regulatory trends, increasing use cases and growing public acceptance, cannabis is one of the fastest growing current investment themes. To put the opportunity into perspective, the global cannabis market is estimated to reach $630 billion by 2040 up from $12 billion today.*Continue reading “THCX”