Zenabis Global in Hot Water with Investors After Stumbles

October brought the legalization of edibles and other ingestible cannabis products in Canada. During the month, one Canadian producer faced hardships as it attempted to appease investors and raise capital. #Cannabis #CannabisStocks

Zenabis Global was hit with a severe market reaction to a new rights offering for its existing shareholders. The company was forced to host a conference call to try to reassure investors

Also in October, in an interview with the Investing News Network, Hadley Ford, CEO of multi-state operator iAnthus Capital Holdings, talked about the increasingly difficult market realities for mid-tier companies with operations in the US market.

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