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Tag Archive: Canopy

Canopy Posts 7% Sequential Increase, Sees Business At “Inflection Point”

After a quarter highlighted by several high-profile moves including a gambit to accelerate entry into the U.S. market and the divestiture of its Canadian retail operation, Canopy Growth says it’s seeing improved momentum across its business. Continue reading →

Posted in News on November 15, 2022

Canopy Growth Offloading Canadian Retail Business

Ontario-based Canopy Growth is exiting the Canadian cannabis retail business, agreeing to offload its 28 stores operating under the Tweed and Tokyo Smoke banners. Continue reading →

Posted in News on October 4, 2022

Canopy Aims To Premiumize Portfolio Amid Entry-Level Price Pressure

Smiths Falls, Ontario-based Canopy Growth also reported earnings for the quarter ended June 30, in which net revenue was down 1.5% to C$110.1 million ($86m), with adjusted EBITDA showing a loss of C$75 million ($58m). Continue reading →

Posted in News on August 9, 2022

Cannabis Briefs for August 2, 2022

•Smiths Falls, Ontario-based Canopy Growth is launching new products for its 7Acres and Doja brands. Continue reading →

Posted in News on August 2, 2022

Constellation To Increase Canopy Share Through Debt Swap

Canada-based cannabis player Canopy Growth, backed by Constellation Brands, is paying out shares and cash to sweep up a significant portion of its debt that’s set to mature next year. Continue reading →

Posted in News on July 5, 2022

Cannabis Briefs for July 5, 2022

•Nevada’s Cannabis Compliance Board approved regulations for cannabis lounges, setting the stage for the businesses to join the state’s recreational cannabis industry. Continue reading →

Posted in News on July 5, 2022

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