Canopy shakes up board, reports CA$216 million loss on lower cannabis sales
Canadian cannabis producer Canopy Growth on Friday reported a shake-up to its board of directors, a lower third-quarter loss and a “singular […]
Category: Canopy Growth
Cannabis operator Canopy raising $35 million in upsized private placement
Canadian cannabis company Canopy Growth Corp. on Thursday said it entered into subscription agreements with institutional investors to raise $35 million. Cannabis […]
Cannabis operator Canopy Growth terminates $30M private placement
A private placement of shares and warrants announced by Canopy Growth Corp. was terminated only three days after it was unveiled, the […]
Cannabis producer Canopy sells skin care unit to Inspirit Capital for CA$15.9M
Cannabis producer Canopy Growth has completed the sale of its This Works skin care and wellness unit to United Kingdom-based Inspirit Capital […]
Canadian cannabis insolvencies persist in 2023 amid industry woes
Financially distressed cannabis companies continued to seek refuge in Canadian insolvency law in 2023, although such insolvency filings under one statute declined […]
A Toast to Cannabis Beverages, a Growing Market Segment
Even if you don’t know much about cannabis pop culture, people are probably familiar with the phrase, “puff, puff, pass.”’But what if […]
How cannabis companies can vet celebrity partnerships, avoid (embarrassing) pitfalls
When Canopy Growth introduced its CBD drink brand, Quatreau, to the U.S. market on March 2, the Canadian cannabis producer also announced […]
New Brunswick won’t privatize recreational cannabis sales
New Brunswick has discontinued the request for proposal (RFP) process for the privatization of recreational cannabis sales, meaning the province will retain […]
Canopy Growth, others formed JV ‘solely’ to pump marijuana stock, refiled CA$500 million lawsuit alleges
A high-stakes lawsuit that Canopy Growth and other Ontario, Canada, cannabis companies had hoped would disappear along with their ill-fated PharmHouse joint […]
Canada extends wage subsidy popular with cannabis producers
Canada’s government is extending a pandemic-related wage-subsidy program that has been tapped by more than a dozen federally regulated cannabis producers. The […]