Tag Archive: Canopy

Cannabis Briefs for February 11, 2025

•Canopy Growth has posted sales down 5% to C$75 million ($52m) for its fiscal third quarter ended in December, with adjusted EBITDA showing a loss of C$3.5 million ($2.4m), a 61% improvement versus the prior year. Continue reading →

Canopy Growth Completes Acreage Acquisition

Canada-based Canopy Growth has completed its acquisition of U.S.-based cannabis operator Acreage, furthering Canopy’s push in the American market. Continue reading →

Cannabis Briefs for December 3, 2024

Canopy Growth Names Luc Mongeau As New CEO

Following the recent news that Canopy Growth CEO David Klein will step down early next year, Canopy has named board member and consumer goods veteran Luc Mongeau as its next chief executive, effective January 6. Continue reading →

Canopy Extends Wana Into THC Drinks

Canopy USA has launched Wanderous by Wana, a new online marketplace for hemp-derived THC products. Continue reading →

Canopy Trims Losses, Continues To Develop U.S. Business

Canopy Growth shaved its losses in its fiscal first quarter through June, with adjusted EBITDA showing a decline of C$5.3 million ($3.9m), compared with more than C$22 million ($16m) a year earlier. Continue reading →