Canopy Growth
Canadian cannabis producers speed entry into US via high-stakes wagers
Canadian cannabis companies have picked up the pace to position themselves in the fast-growing markets south of the border – with a number of the deals essentially a wager that the United States will soon legalize marijuana.
CA lawmakers approve hemp regulatory bill that divided marijuana sector
A long-debated bill to establish new hemp rules in California – but which drew the ire of business owners in both the hemp and marijuana sectors – has gained final approval from state lawmakers.
How large Canadian cannabis producers are leveraging small-batch craft cultivation
Large Canadian cannabis producers are turning to small-batch cultivators to tap into a growing consumer appetite for higher-quality “premium” marijuana products.
Health Canada issues reminder on cannabis potency labeling after Pure Sunfarms complaint
Canadian cannabis regulator Health Canada is reminding licensed producers that their THC and CBD potency labels must reflect laboratory testing results for each individual lot of marijuana.
Marijuana firm Canopy Growth posts CA$136M in net revenue for fiscal Q1
Canadian marijuana producer Canopy Growth Corp. reported net revenue of 136.2 million Canadian dollars ($108.4 million) for the first quarter of its 2022 fiscal year, an 8.2% decline from the CA$148.4 million reported in the fourth quarter of 2021.
Is more consolidation in the cannabis industry on the way?
Last week, Ontario, Canada-based Canopy Growth (TSX: WEED) closed its acquisition of Supreme Cannabis (TSX: FIRE), which is based in Toronto.