WeedMD Reports Preliminary Q2 Net Revenues of $8 Million and Confirms Earnings Call on August 29, 2019
WeedMD is pleased to report preliminary unaudited revenues of $8 million for the three months ending June 30, 2019.
WeedMD Secures Health Canada Approval for 20 Additional Cannabis Cultivation and Processing Rooms
WeedMD is pleased to announce it has secured a Health Canada licence amendment approval to expand production into ten additional 10,000 square foot cultivation rooms and ten new processing rooms at its state-of-the-art hybrid greenhouse in Strathroy, Ontario.
WeedMD Launches Cannabis Extraction Affiliate CX Industries
Wholly-owned subsidiary to drive strategic partnerships in cannabis extraction and tolling.
WeedMD Reports Results of Annual Meeting of Shareholders
WeedMD is pleased to announce the results of its annual general meeting of shareholders held in Toronto, Ontario on June 25, 2019.
WeedMD Established as First Licensed Producer in Shoppers Drug Mart’s Pilot Traceability Program for Medical Cannabis
WeedMD is pleased to announce that it is the first licensed producer (LP) to be included in Shoppers Drug Mart and TruTrace Technologies’ medical cannabis verification pilot project.
WeedMD Completes Planting on its 27-Acre Outdoor Grow
WeedMD is pleased to announce it has completed the outdoor planting of more than 20,000 fully-rooted cannabis plants at its Strathroy, Ontario property.
WeedMD Launches Color Cannabis as its Adult-Use Brand
Color Cannabis products include a variety of strains, in multiple formats, developed with the same high-quality cannabis that consumers have come to expect from WeedMD.
WeedMD Confirms its Licensed and Scalable Outdoor Grow is Coming Online in Early June
Fall 2019 Harvest to Provide Significant Low-Cost Biomass Input for its Extraction & Processing Hub.
WeedMD Secures Outdoor Cannabis Cultivation Licence
Company secures Health Canada approval for 27-acres of outdoor cannabis production.
WeedMD Reports First Quarter 2019 Financial Results
WeedMD will host a conference call with management on Friday May 31, 2019 at 10:00 a.m. Eastern Time to report its Q1 2019 financial results and operational outlook.
WeedMD to Convert Aylmer Facility to Cannabis Extraction and Processing Hub
Fully-licensed facility to be optimized for extract and concentrate production with capacity of more than 200,000 kgs of biomass by 2020.
WeedMD Secures HC Approval for New Packaging Lines
New Semi-Automated Packaging Lines to Increase Efficiency and Improve Gross Margins.
WeedMD to Host First Quarter 2019 Earnings Conference Call
WeedMD will host a conference call with management on Friday May 31, 2019 at 10:00 a.m. Eastern Time to report its Q1 2019 financial results and operational outlook.
WeedMD Reports Fiscal Year 2018 Financial Results
Revenues up 465% in Second Year of Operations in Advance of Rapid Production and Revenue Acceleration from Greenhouse & Outdoor Operations in 2019.
WeedMD Affirms CFO and Expands Commercial Reach with Corporate Offices in Downtown Toronto and London
WeedMD has confirmed the appointment of Nichola Thompson to the position of Chief Financial Officer and is expanding its commercial footprint to include corporate offices in downtown Toronto, and London, Ontario.
Pioneer Cannabis, a Collaboration Between WeedMD and Pita Pit Canada, Signs with Ontario Cannabis Retail Operator
Entrepreneur and retail operator licensee Guruveer Sangha enters into agreement with Pioneer Cannabis to support the launch of Brant Street, Burlington store in late spring ‘19.
WeedMD Secures Health Canada Standard Processing Licence for its State-of-the-Art Strathroy Facility
Positions Company to Produce and Process Cannabis Products in Anticipation of New Cannabis Formats Coming in Fall 2019.
WeedMD Acquires 60 Acres of Neighbouring Land to Expand its Outdoor Cannabis Footprint
Closes on purchase of land adjacent to its licensed 98-acre Strathroy property and increases land mass to over 160 acres with outdoor potential of 100,000 kgs in 2020.
WeedMD Enters Into $39 Million Debt Facility with BMO and Acquires 98-acre Licensed Strathroy Property
Tier 1 bank financing to drive production expansion and growth.
WeedMD to Expand Production with Outdoor Cannabis Cultivation at its Licensed 98-Acre Strathroy Property
Municipality Supports WeedMD’s Outdoor Grow with 1st Harvest Expected in Fall 2019 Pending Health Canada Approval as Company Looks to Double Production by 2020.