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Why Marijuana Stocks Aurora Cannabis, Canopy Growth, and Tilray Are Giving Up Much of Monday’s Gains

Canadian marijuana stocks soared on Monday as investors reacted to the prospects that the U.S. election results in November could improve the prospects for the cannabis industry. Shares of Aurora Cannabis (NYSE: ACB) were falling 9.3% lower as of 11:09 a.m. EDT on Tuesday. Canopy Growth (NYSE: CGC) stock was down 5.5%, while shares of Tilray (NASDAQ: TLRY) declined 4.3%.…

Canopy Growth Closes Agreements With Big Alcohol Distributors

Canopy Growth Corp. (NYSE: CGC) (TSE: WEED) announced Tuesday a new distribution partnership with two major alcohol distributors: Reyes Beer Division and Manhattan Beer.The company will leverage these partnerships to bring its sports hydration brand, BioSteel, to U.S. consumers in a ready-to-drink format.Earlier this year, BioSteel signed NFL star Patrick Mahomes as an equity partner and endorser of the brand,…

Alcanna to pull Canopy products due to expansion approach

Alcanna Inc.’s pot shops will stop selling cannabis products made by Canopy Growth Corp. amid Canopy’s rapid retail expansion into Western Canada, according to a company executive.   Marcie Kiziak, the head of Alcanna’s cannabis retail division, told BNN Bloomberg that its pot stores will stop selling Canopy’s wide range of products including dried flower, pre-rolls, vapes, and infused drinks following…

CannabisNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Provides Update on Portfolio Expansion in the US

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, today provided an update on the progress of three of its portfolio companies in U.S. markets. The updates come only weeks before the U.S. election, where six states will vote on cannabis legalization initiatives and the potential power shift at the federal level could lead to more…

CannabisNewsBreaks– Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Announces AGM Results

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, on Thursday announced voting results of its annual general and special meeting of shareholders (“AGM”). According to the update, shareholders voted in favor of each of the presented items of business, including the election of the director nominees listed in the company’s management information circular. This included…

Why Canopy Growth Stock Is Sliding Today

Shares of Canopy Growth (NYSE: CGC) were sliding 6.7% lower as of 11:27 a.m. EDT on Wednesday. The Canadian cannabis producer announced earlier in the morning that it and Acreage Holdings (OTC: ACRGF) had implemented an amended agreement to clear the way for an acquisition of Acreage when federally permissible in the U.S. However, the more likely reason behind today’s…

Canopy Growth Announces Results of Annual General and Special Meeting of Shareholders

SMITHS FALLS, ON, Sept. 21, 2020 /CNW/ – Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) (“Canopy Growth” or “the Company”) today announced the voting results from its annual general and special meeting of shareholders held earlier today (the “Meeting”). READ MORE: https://finance.yahoo.com/news/canopy-growth-announces-results-annual-224500253.html?.tsrc=rss