David Klein

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

Canopy Growth looks to grow U.S. business with new holding company structure

Eastern Ontario Business Journal

The company says the establishment of Canopy USA LLC will enable it to exercise its rights to acquire U.S. cannabis companies Acreage, Wanna and Jetty.

Canopy Growth to sell Tweed, Tokyo Smoke stores to OEGRC and Four20 owner

Ottawa

New deals will see OEGRC, which already owns 64 Tokyo Smoke stores, take control of 23 Tokyo Smoke and Tweed stores across Manitoba, Saskatchewan and

Pot company Canopy Growth to lay off 243 workers as it moves to cut costs

Ottawa

Smiths Falls-based cannabis firm said cuts are a key piece of a plan that will also see the company retool its facilities, review procurement strategies

Canopy Growth reports Q3 loss, sales down from year ago

Ottawa

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

Ottawa

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

Canopy Growth CEO ‘really bullish’ on U.S. pot legalization after recent reforms

Ottawa

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

Canopy Growth continues acquisition spree, signs $435M deal to buy Supreme Cannabis

Ottawa

Purchase marks Canopy’s latest move as it watches to see whether the U.S. loosens laws around marijuana following the election of President Joe Biden.