Canopy Growth reports Q3 loss, sales down from year ago
Smiths Falls-based cannabis producer warned Wednesday that market headwinds could hamper its ability to be profitable in Canada.
Canopy Growth reports Q3 loss, sales down from year ago
Smiths Falls-based cannabis producer warned Wednesday that market headwinds could hamper its ability to be profitable in Canada.
Canopy Growth delays profitability target after reporting $16.3M loss in Q2
Smiths Falls-based cannabis company previously predicted it would be profitable in the second half of its 2022 financial year, but now says reaching that goal
‘Flight to quality’ office space fuels dip in vacancy rate for first time since 2019: CBRE
The city’s overall office vacancy rate fell to 9.7 per cent, marking the first net absorption of office space in the capital since the fourth
Research commissioned by Canopy found the pre-roll joint category grew by 48% across the entire market between January and May 2021.
Cointreau maker sues Canopy Growth over Quatreau drinks with similar-sounding name
Cointreau wants any profits Canopy made on products with the allegedly infringing trademarks and for the cannabis company to cover its costs and attorneys fees.
Retail giant Costco Ottawa’s top revenue-generating firm in new list
Big-box behemoth, whose Canadian subsidiary is headquartered on Hunt Club Road, posted revenues of $30.2 billion in 2020, up 6.6 per cent from a year
Second class-action suit against Hexo dismissed in U.S. court
Ottawa firm was one of three major Canadian pot producers hit with lawsuits last year alleging they exaggerated or overestimated sales figures and market potential.
Canopy Growth CEO ‘really bullish’ on U.S. pot legalization after recent reforms
Smiths Falls-based cannabis firm reported a net loss of nearly $700 million in its fourth quarter, down from a loss of $1.3 billion in the
Hexo strikes $925M deal to buy country’s largest privately held pot producer
Ottawa-based cannabis firm said Friday it will pay $400 million in cash and $525 million in shares for Toronto-based Redecan as it continues to hunt
Hexo eyeing private label strategy as it charts U.S. expansion
CEO of Ottawa-based firm says arrangement would leverage Hexo’s technology to help multi-state operators boost their product quality and margins while lowering costs.
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