Tag Archive: Wana
Canopy Sales Dip On Canadian Retail Exit
Canopy Growth saw sales slip 7% to C$79 million ($59m) in its fiscal third quarter ended in December, as the company’s exit from the Canadian retail business ate into its results. Continue reading →
Posted in News on February 13, 2024Canopy 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’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 Positions For U.S. Growth As It Battles Challenges In Canada
Canopy Growth continues to position itself for a rapid rollout of THC products in the U.S. once cannabis is legalized at the federal level. Continue reading →
Posted in News on February 15, 2022Cannabis 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, 2021Canopy 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
