Search: Canopy

Canopy Growth Completes Divestiture of Canadian Retail Operations

Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC) announced today that it has closed its previously announced transactions with OEG Retail Cannabis (“OEGRC”) and 420 Investments Ltd. (“FOUR20”) to divest its retail business across Canada, which includes the stores operating under the Tweed and Tokyo Smoke retail banners. READ MORE: https://finance.yahoo.com/news/canopy-growth-completes-divestiture-canadian-123000137.html?.tsrc=rss

Acreage Doubles Down on Adult-Use Opportunities with the Canopy Growth Deal Moving Forward

Exclusive Interview with Acreage Holdings CEO Peter Caldini Acreage Holdings (CSE: ACRG.A.U, ACRG.B.U) (OTCQX: ACRHF, ACRDF) has undergone a transformation over the past couple of years. The organization was rightsized, and now it is eyeing the close of an acquisition by Canopy Growth as soon as the end of next year. CEO Peter Caldini last […] READ MORE: https://www.newcannabisventures.com/acreage-doubles-down-on-adult-use-opportunities-with-the-canopy-growth-deal-moving-forward/

TerrAscend Reduces Debt After Canopy Growth Converts Above Market

Canopy USA Converts CAD$125.5 Million in TerrAscend Debt to Exchangeable Shares at CAD$5.10 per Share Transaction increases Canopy USA’s conditional ownership in TerrAscend from 12.0% to 18.2% with the ability to own 23.4% upon the exercise of newly issued warrants Significant deleveraging event for TerrAscend as it has now retired USD$120 million (CAD$160 million) of debt in recent weeks, […] READ MORE: https://www.newcannabisventures.com/terrascend-reduces-debt-after-canopy-growth-converts-above-market/

CANOPY GROWTH TO RING NASDAQ OPENING BELL

Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC) today announced that Chief Executive Officer David Klein and other Canopy Growth team members will ring the Nasdaq opening bell on Monday, December 12, 2022. READ MORE: https://finance.yahoo.com/news/canopy-growth-ring-nasdaq-opening-123000087.html?.tsrc=rss

Why Canopy Growth Moved Higher Today, but Other Marijuana Stocks Fell

Marijuana investors are having a mixed morning Wednesday, as shares of Canopy Growth (NASDAQ: CGC) move 2.8% higher after reporting what management called a “key inflection point” fiscal Q2 2023 earnings report — but Aurora Cannabis (NASDAQ: ACB) and Tilray Brands (NASDAQ: TLRY) tumbled. After initially shooting higher on potentially positive news from the 2022 midterm elections and reports of…

Canopy Growth Corporation Reports Second Quarter Fiscal Year 2023 Financial Results

Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC) today announces its financial results for the second quarter ended September 30, 2022. All financial information in this press release is reported in Canadian dollars, unless otherwise indicated. READ MORE: https://finance.yahoo.com/news/canopy-growth-corporation-reports-second-120000216.html?.tsrc=rss

Why Marijuana Stocks Like Canopy Growth Fell Sharply Today

Many of them tumbled during the trading session, including but certainly not limited to Canopy Growth (NASDAQ: CGC), Tilray Brands (NASDAQ: TLRY), and Aurora Cannabis (NASDAQ: ACB), all of which suffered declines at around the 6% mark. Tuesday morning, industry website MJBizDaily.com published the somewhat discouraging results of a poll. All told, five states are conducting a public vote on…