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The Week In Cannabis: Stocks Down, Republican Legalization Bill, Germany, Uruguay, Earnings, New ETF And More
07:32pm, Friday, 19'th Nov 2021 Benzinga
Below is a recap of the main news related to the cannabis industry and markets for the week of November 15, 2021.
Contents
GOP Legalization Bill
New Cannabis ETF
New York Bans Cannabis And P
Longeveron, SCYNEXIS leads healthcare gainers; Connect Biopharma, Flora Growth among major losers
04:30pm, Friday, 19'th Nov 2021 Seeking AlphaWhat made Flora Growth Corp tank 35% on Friday morning?
02:59pm, Friday, 19'th Nov 2021 Invezz
Shares of Flora Growth Corp (NASDAQ: FLGC) are down 35% in premarket trading on Friday after the cannabis company priced its public offering at a deep discount. Flora to sell 10 million shares at $3.0
What made Flora Growth Corp tank 35% on Friday morning?
02:59pm, Friday, 19'th Nov 2021 Invezz
Shares of Flora Growth Corp (NASDAQ: FLGC) are down 35% in premarket trading on Friday after the cannabis company priced its public offering at a deep discount. Flora to sell 10 million shares at $3.0 each Flora said it will sell 10 million shares at $3.0 each to raise $30 million in new capital. In []
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Flora Growth's Stock Plummets On Announcing Pricing of $30 Million Public Offering
01:58pm, Friday, 19'th Nov 2021 Benzinga
Cannabis company Flora Growth Corp. (NASDAQ: FLGC) announced on Friday the pricing of an underwritten public offering of 10 million units, with each being sold at $3 per unit.
Pursuant to the offerin
Flora Growth under pressure after pricing 10M-unit offering
12:29pm, Friday, 19'th Nov 2021 Seeking AlphaFlora Growth Announces Pricing of $30 Million Public Offeringv
12:13pm, Friday, 19'th Nov 2021 Technical420
Flora Growth Corp. (NASDAQ: FLGC) (Flora or the Company), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, today announced the pricing of an underwritten public offering of 10,000,000 units (the Units), with each Unit consisting of one common share and one-half warrant (the Unit Warrants), each whole Unit Warrant entitling the [] The post Flora Growth Announces Pricing of $30 Million Public Offeringv appeared first on Technical420 .
Flora Growth Announces Pricing of $30 Million Public Offering
12:05pm, Friday, 19'th Nov 2021 Benzinga
Flora Growth Corp. (NASDAQ: FLGC ) ("Flora" or the "Company"), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, today announced the pricing of an underwritten public offering of 10,000,000 units (the "Units"), with each Unit consisting of one common share and one-half warrant (the "Unit Warrants"), each whole Unit Warrant entitling the holder thereof to purchase one Common Share. The Units are being sold at a public offering price of $3.00 per Unit. The Unit Warrants will have an exercise price of $3.75 per share, will be immediately exercisable and will expire five years from the date of issuance. The offering is expected to close on November 23, 2021, subject to customary closing conditions. A.G.P./Alliance Global Partners is the sole book-running manager for the public offering and BMO Capital Markets and Roth Capital Partners are acting as co-managers. MKM Partners is acting as a financial advisor to the Company. Flora has granted the underwriters a 45-day option to purchase up to 15% of the total number of Units to be offered by us pursuant to this offering (excluding Units subject to this option), solely for the purpose of covering over-allotments, if any, at the public offering price less the underwriting discount.
What made Flora Growth Corp tank 35% on Friday morning?
09:59am, Friday, 19'th Nov 2021
Shares of Flora Growth Corp (NASDAQ: FLGC) are down 35% in premarket trading on Friday after the cannabis company priced its public offering at a deep discount. Flora to sell 10 million shares at $3.0
Top Marijuana Stocks To Buy In November? 2 Global Companies For List Right Now
09:50pm, Thursday, 18'th Nov 2021 Marijuana Stocks
The US Cannabis Industry And Its Current Effects On The Market Are you looking for the best ways to invest in the top marijuana stocks in 2021? After showing some momentum in last weeks trading many top cannabis stocks to buy have come back down to lower levels. In 2021 the cannabis sector has declined most of the year after reaching highs in February. Now in November pot stocks have begun to experience increased volatility after the announcement of the introduction of a federal marijuana reform bill the States Reform Act. Unfortunately, this has again been met with opposition from leading Democrats in the Senate. Who is fighting to include more of the decriminalization and expungement language from their earlier draft of the Cannabis Administration and Opportunity Act . With the continued delays in Congress on passing updates to cannabis laws from the 80s and 90s the US cannabis sector continues to trade lower. For new investors, this could be an opportunity to find cannabis stocks at much lower price points.
Top Marijuana Stocks To Buy In November? 2 Global Companies For List Right Now
04:50pm, Thursday, 18'th Nov 2021
Investing In The Global Cannabis Market In 2021 The post Top Marijuana Stocks To Buy In November? 2 Global Companies For List Right Now appeared first on Marijuana Stocks | Cannabis Investments and Ne
Flora Growth Corp. (NASDAQ:FLGC) Sees Significant Increase in Short Interest
08:18am, Thursday, 18'th Nov 2021 Dakota Financial News
Flora Growth Corp. (NASDAQ:FLGC) was the target of a large increase in short interest in October. As of October 29th, there was short interest totalling 1,030,000 shares, an increase of 84.7% from the October 14th total of 557,600 shares. Based on an average daily trading volume, of 2,860,000 shares, the days-to-cover ratio is currently 0.4 []
Flora Growth Completes Acquisition of Vessel Brand Inc.
12:05pm, Monday, 15'th Nov 2021 Business Wire
MIAMI & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) (Flora or the Company), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, announces today that it has closed the acquisition of Vessel Brand Inc. (Vessel). As set forth below, Flora has acquired Vessel for aggregate consideration of US$30M, consisting of a combination of cash and the issuance of Flora common shares. We are incredibly excited to welcome the Vessel team into our Comp
Flora Growth: Cheap Cannabis Appeal
12:23pm, Wednesday, 03'rd Nov 2021
Flora Growth promises a long-term growth story supplying the world with low-cost cannabis cultivation.
Flora Growth Buys Vessel Brand For $30M In Stock And Cash
11:18am, Wednesday, 03'rd Nov 2021
Flora Growth Corp. (NASDAQ:FLGC) confirmed Wednesday it has signed a definitive agreement with respect to the previously announced acquisition of 100% of Vessel Brand Inc. Under the deal, upon the clo
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