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Canopy Growth Executives Cashed in Big Bonuses and Raises
Marijuana Stocks

Canopy Growth Executives Cashed in Big Bonuses and Raises

by Sophia Vida August 03, 2021
Canopy Growth executives may be laughing all the way to the bank as a regulatory filing this week revealed that they had earned raises and bonuses after the company lost CA$1.7 billion. The executives received more than 4 milli...
Canopy Growth Files $2B Shelf Prospectus
Marijuana Stocks

Canopy Growth Files $2B Shelf Prospectus

by Sophia Vida February 26, 2021
In what is believed to be the largest prospectus by a cannabis company, Canada's Canopy Growth has filed a $2 billion shelf prospectus. The preliminary short-form base shelf prospectus enables the company to raise up to $2 bill...
Canopy Growth Expects to be Profitable by Second Half of 2022
Spotlight Stock

Canopy Growth Expects to be Profitable by Second Half of 2022

by Sophia Vida February 12, 2021
Shares of Canadian marijuana company Canopy Growth were jumping on Tuesday after the company revealed that it expects to be profitable by the second half of 2022. The company said that over the next 12-18 months it expects to l...
Canopy Growth Sues GW Pharmaceuticals Over Infringement
Featured

Canopy Growth Sues GW Pharmaceuticals Over Infringement

by Sophia Vida December 25, 2020
One of Canada's top marijuana producers, Canopy Growth Corp., is taking Britain-based GW Pharmaceuticals to court in the U.S. According to Canopy Growth, GW Pharmaceuticals has infringed upon their intellectual property. In a c...
Canopy Growth Splits from Canopy Rivers in Nearly $300M Deal
Spotlight Stock

Canopy Growth Splits from Canopy Rivers in Nearly $300M Deal

by Sophia Vida December 23, 2020
Canopy Rivers, a strategic investment subsidiary that is partially owned by Canadian marijuana producer Canopy Growth Corp., is selling some of its assets to the latter and is also cutting ties with the company. The transaction...
Cannabis MSO Acreage Signs a $12M Loan to Expand its Illinois Operation
Marijuana Stocks

Cannabis MSO Acreage Signs a $12M Loan to Expand its Illinois Operation

by Sophia Vida December 04, 2020
Multistate cannabis operator Acreage Holdings announced this week that it has agreed to a $12 million construction loan to complete the expansion of its cultivation and processing facility in the Illinois market. The company fi...
Canopy Growth Shares Explode After Q1 Results and Cowen Price Target Boost
Spotlight Stock

Canopy Growth Shares Explode After Q1 Results and Cowen Price Target Boost

by Sophia Vida August 11, 2020
Shares of Canadian marijuana producer Canopy Growth were headed higher on Monday after reporting fiscal first-quarter results that topped expectations on both the top and bottom line. The stock jumped 8% on Monday after the com...
Cannabis Producer Canopy Growth Slashes 30 Jobs at Ontario Headquarters
Spotlight Stock

Cannabis Producer Canopy Growth Slashes 30 Jobs at Ontario Headquarters

by Sophia Vida July 16, 2020
Canadian marijuana producer Canopy Growth has cut 30 jobs at its Ontario headquarters as a part of corporate restructuring. The company confirmed to move to Marijuana Business Daily which was first reported by local news websit...
Canopy Growth CEO Thinks This is When the U.S. Will Legalize Cannabis
Sector News

Canopy Growth CEO Thinks This is When the U.S. Will Legalize Cannabis

by Sophia Vida June 17, 2020
David Klein, the new CEO of Canadian marijuana producer Canopy Growth, believes the pot market in the U.S. will officially be open for business regardless of who wins the presidential election in November. When though? Klein, b...
Canopy Growth CEO Says Company’s Cannabis Beverages are Off to Hot Start
Spotlight Stock

Canopy Growth CEO Says Company’s Cannabis Beverages are Off to Hot Start

by Sophia Vida June 04, 2020
It was only this past Friday that Canopy Growth reported its fourth quarter results that disappointed Wall Street and even its own guidance. Shares fell 20% last Friday and continued falling this week. Canopy Growth's CEO is...

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