Canopy Growth may be known for being one of Canada’s largest cannabis companies, but its biggest hit of the current earnings season has a different connection with grass. Canopy Growth Read more
Tag: CA:WEED
Wana Brands CEO makes seven-figure donation to fund cannabis research
Wana Brands founder and CEO Nancy Whiteman is stepping up her charitable activities with $3 million for cannabis and psychedelic medicine research at Johns Hopkins University — the largest donation Read more
Maryland may become 20th state to OK cannabis for adults
Voters in Arkansas, Maryland, Missouri, North Dakota and South Dakota are weighing in on legal cannabis today, with measures on the ballot in each of those states. The state most Read more
The end of the pandemic earnings boom is in sight as holiday forecasts disappoint
Large corporations’ seemingly ceaseless profit growth during the COVID-19 pandemic appears to be coming to an end this holiday season, as the post-lockdown rebound grates up against rising prices, recession Read more
Canopy Growth stock snaps two-day winning streak after news that Nasdaq objects to plan for U.S. assets
Canopy Growth Corp. shares slid 3% Thursday to end a two-day winning streak, after the company said the Nasdaq exchange is opposed to its plan to consolidate its U.S. assets Read more
Analysts mixed on complex Canopy Growth maneuver to create Canopy USA business
Stifel analyst W. Andrew Carter reiterated a sell rating on Canopy Growth Inc. on Wednesday as he threw shade on the company’s proposal to create Canopy USA to hold its Read more
Canopy Growth speeds up U.S. entry instead of waiting until federal cannabis legalization
Canopy Growth Corp. said Tuesday it will no longer wait until federal legalization to buy three U.S. cannabis companies amid opportunities to benefit from strong growth in state-by-state cannabis sales. Read more
Leaked draft of German government’s cannabis reform would ban imports — for now
A leaked document from German health minister Karl Lauterbach that lays out the regulatory framework to legalize cannabis includes many positive steps, but could temporarily decrease supply with a ban Read more
Canopy Growth sells retail operations but likely got much less than it paid for them, analyst says
Canopy Growth Corp. is likely selling its retail stores for much less than it paid for them, but the cannabis company that continues to generate losses said the move will Read more
Analyst slashes revenue outlook for Trulieve, Curaleaf, Canopy, Cronos as cannabis business takes a hit
Jefferies analyst Owen Bennett trimmed revenue expectations for four major cannabis names from the U.S. and Canada, but kept his ratings intact on the heels of quarterly updates from Curaleaf Read more