Tag : Million

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Digital Payments Platform AeroPay Raises $5+ Million Venture Round Led by Chicago Ventures Amid Rapid Growth

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AeroPay, a Chicago-based digital payments platform powering bank transfer payments for businesses, announced today the closing of a $5+ million Venture Round. The round was led by Chicago Ventures, a firm that leads investments in early-stage startups. The Chicago Ventures portfolio includes online financial services company M1 Finance, celebrity video-sharing website Cameo,......
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Xebra Announces $5 Million Private Placement Financing

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Xebra Brands Ltd. (“Xebra”) is pleased to announce a non-brokered private placement (the “Private Placement”) for gross proceeds of up to CAD$5 million. ABOUT XEBRA: Xebra is a cannabis cultivation and products company, with global brands and intellectual property. Our products focus includes beverages, wellness and leisure. Xebra is expecting a decision by......
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Sundial Announces Issuance of New Warrants and US$89.1 Million Proceeds from Warrant Exercises

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Sundial Growers Inc. (NASDAQ: SNDL) (“Sundial” or the “Company”) announced today that holders (the “Holders”) of 98,333,334 warrants (the “Warrants”) to purchase common shares (the “Common Shares”) of the Company will exercise for cash their Warrants at prices of US$0.80 and US$1.10 for gross proceeds to Sundial of US$89.1 million. In exchange, the Company will issue......
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Akerna Flash Report: Valentine’s Day Weekend Cannabis Sales Top $170 Million, Consumer Base Trends Toward Females

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Business intelligence from Akerna (Nasdaq: KERN), an enterprise software, leading compliance technology provider, and developer of the cannabis industry’s first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform®), finds that the cannabis consumer demographic continues to trend towards women. Data from the 2021 Valentine’s Day weekend (2/12-2/14) shows a 3% year over......
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Sundial Growers Announces Closing of its US$74.5 Million Registered Offering

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Sundial Growers Inc. (NASDAQ: SNDL) (“Sundial” or the “Company”) announced today that it has closed a best efforts underwritten registered offering of 60,500,000 Series A Units, each consisting of one common share and one-half Series A Warrant, with each whole Series A Warrant entitling the holder to purchase one common share,......
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Barchart.com Reports a Record 3.7 million Users for January 2021

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Barchart, a leading provider of market data and technology services to the financial, media, and commodity industries, announces that www.barchart.com recorded a record 3.7 million users for the month of January 2021. The financial media arm of Barchart, barchart.com provides investors, traders and other market participants with access to market data, information and......
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Sundial Growers Announces US$100 Million Registered Offering

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Sundial Growers Inc. (Nasdaq: SNDL) (“Sundial” or the “Company”) announced today that it has priced a best efforts underwritten registered offering of 100,000,000 Series A Units, each consisting of one common share and one-half Series A Warrant to purchase one common share and 33,333,334 Series B Units (and together with the......
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Cannabis Testing Market worth $1,806 million by 2025 – Exclusive Report by MarketsandMarkets™

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According to the new market research report “Cannabis Testing Market by Products & Software’s (Instruments, Consumables, LIMS), Services (Heavy Metal Testing, Microbial Analysis, Potency, Residual Screening), End-User (Cultivators, Laboratories, Research Institutes) – Global Forecast to 2025″, published by MarketsandMarkets™, the global Cannabis Testing Market is projected to reach USD 1,806 million by 2025 from USD 962......
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Hollister Biosciences Inc. Commends the State of Arizona for starting Adult-Use Cannabis Sales ahead of schedule, Venom Extracts it’s 100% owned subsidiary is a category leader with over 4 million grams sold throughout the state in 2020

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Hollister Biosciences Inc. (CSE: HOLL) (OTC: HSTRF) (FRANKFURT: HOB) (the “Company“, “Hollister Cannabis Co.” or “Hollister“) a diversified cannabis branding company with products in over 98 dispensaries throughout Arizona, is pleased to commend the state of Arizona for its efficient activation of adult-use cannabis sales. Legal sales of adult use cannabis in Arizona commenced mid-day on Friday January......
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Aurora Cannabis Inc. Announces US$125 Million Bought Deal Financing

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Aurora Cannabis Inc. (“Aurora” or the “Company”) (NYSE: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, today has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets and ATB Capital Markets, under which the underwriters have agreed......