TipsForTraders

Curaleaf Closes $300 Million 13% Debt Deal

TipsForTraders | January 15, 2020

Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), a leading vertically integrated cannabis operator in the United States, today announced the upsizing and closing of a Senior Secured Term Loan Facility from a syndicate of lenders totaling US$300 million. The notes bear interest at a rate of 13.0% per annum, payable quarterly in arrears, with a maturity 48 months from […]

Organigram Q1 Revenue Increases 54% Sequentially to $25.2 Million

TipsForTraders | January 14, 2020

Organigram Reports First Quarter Fiscal 2020 Results
Net revenue more than doubled to $25.2 million from $12.4 million in Q1 2019.
Gross margin before fair value changes to biological assets and inventory of $9.3 million…

Cannabis Beverages in Canada Won’t Pop

TipsForTraders | January 14, 2020

On the eve of Cannabis 2.0 in Canada, with the addition of edibles and beverages, investors and producers are excited by the potential growth. With the rock star alliances between major brewers and Licensed Producers, the level of investment and the hype you would think that it is a big deal. It’s not.
First let’s consider a […]

TerrAscend Announces Closing on Upsized US$33.5 Million Non-Brokered Private Placement

TipsForTraders | January 13, 2020

TerrAscend Corp. (CSE:TER;) has completed its previously announced upsized non-brokered private placement with orders totaling an aggregate amount of approximately US$33.5…

Fire & Flower Adds 9 Cannabis Retail Stores in Alberta

TipsForTraders | January 13, 2020

Fire & Flower Holdings Corp. (“FFHC”) (TSX: FAF) and its wholly-owned subsidiary Fire & Flower Inc., today announced that it has achieved the milestone of 45 open and operating cannabis retail stores.
Fire & Flower has previously stated that the Company anticpated achieving the milestone of 45 retail cannabis stores by the […]

Trulieve Sues Short-Seller Grizzly Research LLC for Libel

TipsForTraders | January 10, 2020

Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), a leading and top-performing cannabis company in the United States, announced today that it has filed a lawsuit in Florida state court against GRIZZLY RESEARCH LLC challeging, among other claims, defamation for publicly […]

The Week in Weed: January 10, 2020

TipsForTraders | January 10, 2020

Your Friday look at what’s happening in the world of legalized marijuana.

Let’s start with a look at the new marijuana market in Illinois. First day sales topped $3 million and 77,000 transactions at more than 40 dispensaries. All those new customers have led to shortages; clearly, pegging supply to demand is a [,,,]

Planet 13 Pre-Announces 2019 Revenue at $63 Million

TipsForTraders | January 9, 2020

Planet 13 Holdings Inc. (CSE: PLTH) (OTCQX: PLNHF), a leading vertically-integrated Nevada cannabis company, today announced a strong end to 2019. The Company served ~695,000 customers in 2019 at an average ticket of above $90 from the […]

MediPharm Labs White Labels Shelter’s Wayfarer Vape Cartridges, Delivers First Cannabis 2.0 Shipments

TipsForTraders | January 9, 2020

MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE: MLZ), a global leader in research-driven, pharmaceutical quality cannabis extraction, distillation and derivative product production, is pleased to announce that it […]

After Integration With 1,400 Cannabis Retail Stores, Software Company springbig Gets Bigger

TipsForTraders | January 8, 2020

In the fall of 2018, cannabis software company springbig had 1.9 million consumers on its platform. Now, the company has reached more than 12 million consumers this month. Co-Founder and CEO Jeffrey Harris checked in […]

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