The bellwether marijuana stock delivered a very disappointing quarter, and Tilray’s latest wasn’t much better. Aurora Cannabis, meanwhile, gets to borrow a bit more money. READ MORE: https://finance.yahoo.com/news/weekly-cannabis-stock-news-canopy-010000584.html?.tsrc=rss
Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) this morning announced the entry of its portfolio companies, James E. Wagner Cultivation Corporation (“JWC”) (TSXV: JWCA) (OTCQX: JWCAF) and TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), into a purchase and supply agreement, demonstrating collaboration and synergy that is seen throughout the Canopy Rivers ecosystem. Under the agreement, JWC will supply cannabis flower and oils…
Canadian marijuana grower Canopy reported a huge quarterly loss and a sequential decline in sales, sending the stock down 20%. While some may see the drop as a buying opportunity, Wall Street analysts have mixed feelings. READ MORE: https://finance.yahoo.com/m/eb9e19d1-ff8b-3b93-8d88-18524b8b00c8/canopy-growth-stock-plunged.html?.tsrc=rss
CGC earnings call for the period ending June 30, 2019. READ MORE: https://finance.yahoo.com/news/canopy-growth-corp-cgc-q1-122327101.html?.tsrc=rss
Canopy Growth Corp. seems to have lost its market lead in adult-use cannabis in Canada, GMP Securities said Friday. Analyst Ryan Macdonell slashed his stock price target to C$45 from C$65, after the company reported earnings for its fiscal first quarter that were mostly below expectations. But the company’s setting aside of a C$6.4 million provision against oil and gelcaps…
/R E P E A T — Media Advisory – Canopy Growth to donate $100,000 to Forest Ontario to help plant millions of trees/ READ MORE: https://finance.yahoo.com/news/r-e-p-e-t-110000135.html?.tsrc=rss
TORONTO , Aug.15, 2019 /CNW/ – Canopy Rivers Inc. (“Canopy Rivers” or the “Company”) (RIV.V) (CNPOF) is pleased to share that its portfolio companies, James E. Wagner Cultivation Corporation (“JWC”) (JWCA.V) (JWCAF) and TerrAscend Corp. (“TerrAscend”) (TER.CN) (TRSSF), have entered into a purchase and supply agreement, demonstrating the type of collaboration and synergy seen throughout the Canopy Rivers ecosystem. As part…
Canopy Growth said its pot shops could open in the U.S. this fiscal year. But shares plunged on a big loss and falling market share. Other marijuana stocks sold off. READ MORE: https://finance.yahoo.com/m/923c4716-d3d3-3fca-8fba-a9694ece372a/marijuana-stocks-rout.html?.tsrc=rss
U.S.-listed shares of Canopy fell as much as 14.5% to $27.30, a day after the company reported disappointing quarterly results. As marijuana companies spend heavily, investors have been worried about their ability to post a profit, even as their top lines surge. Canopy posted a C$1.2 billion loss and lower-than-expected sales for the first quarter, joining rivals Cronos Group and…
The cannabis producer’s stunning revenue decline and massive net loss in Q1 have investors worried. READ MORE: https://finance.yahoo.com/news/why-canopy-growth-stock-sinking-154200858.html?.tsrc=rss
Canopy Growth shares slid 8% Thursday, after the world’s biggest cannabis company reported a more than billion Canadian-dollar loss for its latest quarter and missed revenue estimates, dealing another blow to the troubled sector. READ MORE: https://finance.yahoo.com/m/d7f2c6d0-e1a5-34a4-88b4-d98e5710cb61/canopy-growth-slides-11%25-to.html?.tsrc=rss
Canopy stock is poised to drop big on Thursday after the cannabis company missed fiscal Q1 revenue and earnings estimates. READ MORE: https://finance.yahoo.com/news/canopy-growth-apos-poor-earnings-144300814.html?.tsrc=rss