Despite its own shares falling as much as 9%, Ottawa-area pot producer Canopy Growth praised the regulator's move.
Firm breaks ground on new $25M growing facility with plans to capture 10% of domestic recreational market
Canopy Growth (TSX:WEED) is making headlines again this week, this time reaching a deal worth millions of dollars to supply cannabis to Ne
Canopy Growth already owns a minority stake in the Perth-based company, and Canopy CEO Bruce Linton is a member of the firm’s board of directors.
The Ottawa-area firm and its German subsidiary Spektrum Cannabis have signed a supply license agreement with Spain's Alcaliber.
With province planning to have only 40 stores across Ontario by next year, Ottawa-area pot producer Canopy Growth looks to fill gap with mail-order service.
"Illicit cannabis dispensaries are not legal now and will not be legal retailers under the new model."
Former B.C. health minister joins Gatineau’s Hydropothecary as corporate social responsibility vice-president
Marijuana investment firm has built up portfolio with a mix of 20 cannabis growers and related companies in recent months.
Company says new facility will help push down production costs towards goal of $1 per gram.