Canopy Growth Corp. executives have struck it rich as their total compensation surged to $28.5 million last year including the first months since cannabis was legalized in October
Losses continue to pile up at Smiths Falls-based Canopy Growth even as the licensed cannabis producer rapidly grows its revenues from legal cannabis sales
Ottawa’s Martello saw its revenues grow more than 100 per cent in the past fiscal year as acquisitions and the deepening of a fruitful relationship paid off in spades
Two of Ottawa’s serial entrepreneurs are setting their sights on a public listing for their latest venture, citing a torrent of investor interest as grounds for their ambitious goals
Martello shares were up 43 per cent to 38 cents in late afternoon trading after co-chair Bruce Linton shined a light on the firm amidst his high-profile exit from Canopy Growth
Linton said in media interviews Wednesday he expects to focus on roles at Ottawa tech firms Martello, Ruckify following his departure from the cannabis giant
Constellation CEO Bill Newlands, however, said challenges were to be expected, pointing to the slow rollout of recreational pot stores in Ontario, among other headwinds for the pot industry
Shares of Canopy Growth slipped on Friday after the cannabis company reported an uptick in fourth-quarter net revenues but a wider-than-expected fourth-quarter loss
The acquisition of a German cannabis company will bring together Canopy Growth’s disparate medical pot operations under a singular brand, the Smiths Falls-based firm announced Tuesday.
Canopy Growth Corp. has struck a deal to buy U.S. company Acreage Holdings Inc. for US$3.4 billion, but only if cannabis becomes federally legal in the United States.