David Klein

Cannabis company Canopy Growth says chief executive David Klein to retire next year

Eastern Ontario Business Journal, Insider Only

Canopy Growth sells This Works skin care brand to U.K. investment firm

Smiths Falls, Ont.-based cannabis company Canopy Growth says the deal with Inspirit Capital is valued at up to $15.9 million.

From high flying to burnout, cannabis industry faces downturn five years post-legalization

Ottawa, Retail

Cannabis legalization has had wide-reaching effects and made its use more accessible and acceptable. Yet the razzle-dazzle days where money was no object and sky-high

Canadian pot companies cheer as Senate committee advances cannabis finance reforms

Canada & World

Canadian cannabis companies are cheering a Senate committee’s decision today to push forward with easing federal financing restrictions on the U.S. industry.

Canopy Growth lands creditor protection for BioSteel business, intends to sell brand

Eastern Ontario Business Journal

Canopy Growth Corp. says it’s obtained creditor protection for its BioSteel Sports Nutrition Inc. division and intends to seek permission to sell the business.

Canopy Growth to sell Smiths Falls facility back to Hershey Canada for $53M

Eastern Ontario Business Journal

The Hershey building in Smiths Falls is headed back into the hands of the company that made the facility famous. Cannabis company Canopy Growth Corp.

Canopy Growth reports $648 million net loss in Q4 as it parts way with BioSteel staff

Ottawa

Canopy Growth has parted ways with some staff as it review its BioSteel business after uncovering “material misstatements” in the sports drink unit’s previous financial

Cannabis companies weigh pricing strategies after OCS margin cut

Retail

Canopy Growth Corp. will hold its prices as licensed pot producers weigh whether to pass along to consumers the savings from the Ontario Cannabis Store’s

UPDATED: Cannabis firm Canopy Growth to lay off 800, close Smiths Falls HQ

Eastern Ontario Business Journal

The Smiths Falls-based cannabis company said Thursday that the layoff will impact 35 per cent of its workforce and take place over the next several

UPDATED: Canopy Growth CEO hopeful for cannabis reforms after U.S. midterms

Ottawa, Retail

The head of Canopy Growth Corp. has high hopes for the U.S. Senate and potential cannabis legislation after Tuesday’s midterm elections. “While the overall results