Tag Archive: Canopy
Canada’s Cannabis Drinks Market Rises From A Small Base Amid Challenges
When recreational cannabis was legalized in Canada five years ago, investment by beverage suppliers and wholesalers was robust. Continue reading →
Posted in News on December 12, 2023Constellation Lets Canopy Warrants Expire, As Stake Slides To 21%
Constellation Brands was an early mover in the cannabis category, investing $4 billion in Canadian company Canopy Growth back in 2018. Continue reading →
Posted in News on November 7, 2023Canopy 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, 2022Canopy 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, 2022Canopy 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, 2022Cannabis 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
