Tag Archive: Canopy
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, 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, 2022Constellation 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, 2022Cannabis 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, 2022Canopy Growth’s Revenue Drops 21% in Q4
Major Canadian producer Canopy Growth reported financial results for the quarter ended March 31, in which revenue dropped 21% sequentially to C$111.8 million ($88.2m). Continue reading →
Posted in News on May 31, 2022Canopy Growth On The Move In California
Smiths Falls, Ontario-based Canopy Growth has entered an agreement to acquire Oakland, California-based Jetty Extracts for approximately $69 million. Continue reading →
Posted in News on May 24, 2022
