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Herbal Dispatch Announces Closing of Oversubscribed Equity Private Placement
Thenewswire· 2025-10-20 12:30
 October 20, 2025 – TheNewswire - Vancouver, B.C. – Herbal Dispatch Inc. (CSE: HERB) (“Herbal Dispatch” or the “Company”) is pleased to announce that in furtherance to its news releases issued on July 29, August 28, and September 3, 2025, the Company has closed its oversubscribed non-brokered private placement (the “Private Placement”), with the sale of 41,564,220 units (each a “Unit”) at a price of CAD$0.05 per Unit, for aggregate subscription proceeds of CAD$2,078,211. Each Unit subscribed for under the ...
Rubicon Organics Announces Health Canada Cultivation License For Cascadia (Hope, BC) Facility
Globenewswire· 2025-10-20 12:00
40% increase in cultivation capacity expected to drive revenue and EBITDA growth in Rubicon’s premium cannabis products The Company also announces the naming of cultivation facilities to Pacifica (previously “Delta Facility”) and Cascadia (previously “Hope Facility”). VANCOUVER, British Columbia, Oct. 20, 2025 (GLOBE NEWSWIRE) -- Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon Organics”, “Rubicon”, or the “Company”), Canada’s leading premium licensed producer focused on cultivating and selling o ...
AWH to Hold Third Quarter 2025 Earnings Conference Call on Monday, November 10, 2025
Prnewswire· 2025-10-20 12:00
Accessibility StatementSkip Navigation NEW YORK, Oct. 20, 2025 /PRNewswire/ - Ascend Wellness Holdings, Inc. ("AWH", "Ascend" or the "Company") (CSE: AAWH.U) (OTCQX: AAWH), a multi-state, vertically integrated cannabis operator, today announced that it will hold a conference call on Monday, November 10, 2025, at 5:00 PM ET following the release of its third quarter 2025 financial results. The earnings conference call may be accessed by dialing 1-888-699-1199. A live webcast will also be available on the I ...
VNQ: Sell Your REIT ETFs
Seeking Alpha· 2025-10-19 06:31
Group 1 - Alan Brochstein is a pioneer in the cannabis investment sector, starting his career in the securities industry in 1986 and founding AB Analytical Services in 2007 to provide consulting for investment advisors [1] - He has been managing the investing group 420 Investor since 2013, focusing on publicly-traded cannabis stocks and moving the group to Seeking Alpha in 2023 [2] - The 420 Investor group covers 20 stocks, providing investment news, earnings report previews, and post-report analyses, along with a model portfolio and multiple weekly video analyses [2] Group 2 - New Cannabis Ventures, co-managed by Alan, has been a key provider of financial information in the cannabis industry since 2015 [1] - The investing group offers a monthly newsletter and a chat feature for investor questions, enhancing community engagement [2]
Tilray Brands Marks Seven Years of Cannabis Legalization in Canada with the #1 Market-Leading Position by Revenue and Pioneering Brands with Growing Market Share in the World's Largest Federally Legal Cannabis Market
Globenewswire· 2025-10-17 11:00
Core Insights - Tilray Brands, Inc. celebrates the seventh anniversary of cannabis legalization in Canada, highlighting the country's role as the largest federally legal cannabis market globally and its progressive regulatory framework that fosters innovation and economic opportunities [1][2] Company Overview - Tilray is a global lifestyle and consumer packaged goods company operating in the cannabis, beverage, and wellness industries, with a mission to inspire joy and create memorable experiences through its diverse brand portfolio [8] Economic Impact - The company has invested over C$1 billion in Canadian infrastructure, paid approximately C$700 million in excise taxes, and contributed hundreds of millions in various taxes, significantly legitimizing the cannabis industry and supporting local economies [2][4] Market Position - Tilray holds the leading sales position in several cannabis categories, including pre-rolls, beverages, oils, and chocolate edibles, and has achieved the strongest quarter-over-quarter growth among the top five Canadian cannabis producers [4][5] Product Innovation - The company operates 15 leading cannabis brands in Canada, with several valued between C$100 million and C$300 million, and is recognized for pioneering new product innovations such as THC/CBD-infused beverages and shareable edibles [3][5] Future Growth Opportunities - Tilray aims to capitalize on future industry growth through expanding cannabis in healthcare, on-premise consumption of THC beverages, and regulatory modernization to enhance competitiveness and innovation [6][7] Infrastructure and Capacity - The company has 5 million square feet of advanced cannabis cultivation facilities and a current production capacity of 210 metric tons, with significant expansion capabilities to meet rising demand [7] Global Expansion - As regulatory landscapes evolve in Europe and the United States, Tilray is well-positioned to seize new opportunities and establish a leading presence in these emerging markets, reinforcing its status as a global cannabis industry leader [7]
Tilray Brands Marks Seven Years of Cannabis Legalization in Canada with the #1 Market-Leading Position by Revenue and Pioneering Brands with Growing Market Share in the World’s Largest Federally Legal Cannabis Market
Globenewswire· 2025-10-17 11:00
Core Insights - Tilray Brands, Inc. celebrates the seventh anniversary of cannabis legalization in Canada, highlighting the country's role as the largest federally legal cannabis market globally and its progressive regulatory framework that fosters innovation and economic opportunities [1][2] Company Overview - Tilray is a global lifestyle and consumer packaged goods company operating in the cannabis, beverage, and wellness industries, with a mission to be a leading premium lifestyle company [8] - The company has invested over C$1 billion in Canadian infrastructure and paid approximately C$700 million in excise taxes, contributing significantly to the economy [2] Market Position - Tilray is recognized as Canada's largest legal cannabis company by revenue, leading in various product categories including pre-rolls, beverages, oils, and chocolate edibles [4] - The company holds over 40% market share in THC beverages through its XMG and Mollo brands, and its edibles brand, Chowie Wowie, is noted for its quality [5] Innovation and Product Development - Tilray operates 15 leading cannabis brands in Canada, with several valued between C$100 million and C$300 million at retail, and is known for pioneering new product innovations [3] - The company has adopted advanced agronomic techniques for greenhouse cannabis cultivation, maintaining one of the industry's lowest cost structures while producing high-quality products [3] Future Growth Opportunities - The company aims to expand cannabis in healthcare and promote on-premise consumption of THC beverages, which could drive future growth [6] - Tilray's infrastructure includes 5 million square feet of advanced cultivation facilities and a production capacity of 210 metric tons, positioning it well to respond to rising demand [7]
2025 State of the Cannabis Industry: Blank Rome Hosts Premier Conference Featuring Top Industry Leaders
Globenewswire· 2025-10-16 22:46
Boston, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Blank Rome LLP is set to host the ninth annual State of the Cannabis Industry conference, gathering leading professionals to analyze and discuss the many challenges and opportunities facing the multibillion-dollar cannabis sector. The conference will take place on Monday, October 27, 2025, from 8:30 a.m. to 6:00 p.m. ET at Omni Boston Hotel at the Seaport with a live-stream option available. “Scott and I are thrilled to host the ninth annual Blank Rome State of the ...
Auxly to Present at the Planet MicroCap Showcase: Toronto
Prnewswire· 2025-10-16 11:45
Accessibility StatementSkip Navigation Date: Wednesday, October 22, 2025 Time: 11:30 AM EST Webcast: LINK If you can't make the live presentation, all company presentations "webcasts" will be available directly on the conference event platform on this link under the tab "Agenda": AGENDA If you would like to book 1x1 investor meetings with Auxly, and to attend the Planet MicroCap Showcase: TORONTO 2025 in partnership with MicroCapClub, please make sure you are registered here: REGISTER To access the live pre ...
Verano Elevates Expanding Vape Product Portfolio with Exclusive, First-to-Market Launch of Revolutionary HYPHEN System
Globenewswire· 2025-10-16 11:00
HYPHEN features brand new best-in-class technology that allows consumers to flex between extracts, size formats and brands through interchangeable vape pods CHICAGO, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced the launch of HYPHEN, driving further momentum for the Company’s expanding vape portfolio with the exclusive rollout of HYPHEN’s all-in-one pod system. With a modular battery ...
Should You Buy This Stock After It Recorded a Surprise Profit?
Yahoo Finance· 2025-10-16 09:50
Core Viewpoint - Tilray Brands has experienced a significant recovery in its stock price over the past six months, with shares up nearly 25% year to date, driven by positive developments in the cannabis industry and a better-than-expected quarterly earnings report [1][2][4]. Financial Performance - For the first quarter of fiscal year 2026, Tilray reported a revenue increase of 5% year over year, reaching $209.5 million. The company also recorded a net income of $1.5 million, marking a notable shift from its previous net losses [4]. Market Sentiment and Regulatory Environment - Speculation regarding potential legal changes in the U.S. cannabis industry, particularly the possible reclassification of cannabis from Schedule 1 to Schedule 3, has contributed to the positive market sentiment surrounding Tilray [2]. - The company is seen as a leading player in the cannabis sector, benefiting from the news related to cannabis reclassification, which could ease funding challenges for growers [2]. Challenges and Future Outlook - Despite recent gains, Tilray faces challenges, including plans to raise up to $51.6 million by selling additional shares, which may dilute existing shareholders. This highlights ongoing financial difficulties [5]. - The long-term outlook for Tilray's stock remains uncertain, with indications that it may not deliver strong returns despite recent momentum [6].