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Tag Archive: Canopy

Cannabis Briefs for December 21, 2021

•Canopy Growth is cutting its losses on one of its acquisitions. Continue reading →

Posted in News on December 21, 2021

Cannabis Briefs for October 19, 2021

•In case you missed last Thursday’s news alert, Canadian cannabis giant Canopy Growth has agreed to acquire leading U.S. edibles maker Wana Brands for $297.5 million, pending federal legalization. Continue reading →

Posted in News on October 19, 2021

Canopy Growth Strikes Deal To Acquire Cannabis Edibles Maker Wana Brands For $298 Million

In case you missed last night’s news alert, Constellation-backed cannabis company Canopy Growth has agreed to pay $297.5 million for the right to acquire Colorado-based edibles maker Wana Brands, contingent upon federal legalization of cannabis in the U.S. Continue reading →

Posted in News on October 15, 2021

Canopy Growth Set To Unleash New Product Blitz

Canopy Growth saw sales climb 23% year-over-year to C$136 million ($108m) in its fiscal first quarter ended in June, with adjusted EBITDA showing a loss of C$64 million ($51m). Continue reading →

Posted in News on August 10, 2021

Canopy Bets On Smaller Pre-Rolls Amid Pandemic

Canopy Growth has launched new lines of pre-rolls under its Tweed and Ace Valley brands. Continue reading →

Posted in News on July 27, 2021

Canopy Targets Underlying Profit Growth By End Of Fiscal Year

Canopy Growth reported financial results this morning for the fiscal quarter and year ended March 31, with its annual sales up 37% to C$547 million ($454m). Continue reading →

Posted in News on June 1, 2021

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