Seasoned copywriter and graphic designer team up as partners of new Ottawa-based creative service studio
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.
The Canadian cannabis market has seen a wave of consolidation.
Shareholders claimed the pot producer misled them and failed to disclose problems with the business.
Cannabis company says it remains on the path to profitability in the coming fiscal year.
The loss amounted to $2.43 per diluted share for the quarter ended Dec. 31, compared with a loss of $109.6 million or 26 cents per share a year earlier.
The Smiths Falls-based cannabis producer will also increase ownership in Quebec greenhouse joint venture Vert Mirabel.
The Ottawa-area pot producer says it will end operations at sites in St. John's, Fredericton, Edmonton, Bowmanville, Ont. and at an outdoor grow facility in Saskatchewan.
Smiths Falls firm believes legalization initiatives passed in Arizona, Mississippi, Montana, New Jersey and South Dakota will be good for business and the cannabis culture at large.
Smiths Falls-based Canopy Growth Corp. comes in at No. 18, while Kanata software firm Kinaxis also makes the top-30 list.