Adam JacksonJune 4, 2024
The staged acquisition, supported by the credit facility, aims to bring Acreage fully into the Canopy USA fold by mid-2025.
Tag: Canopy Growth
Adam JacksonJune 4, 2024
StaffJune 3, 2024
The Daily Hit is a recap of the top financial news stories for Monday, June 3, 2024. On the Site Rescheduling, 280E tax reform, and Trulieve: How the cannabis industry could be poised to save billions Although it’s now widely accepted that the ongoing marijuana rescheduling process by the Drug Enforcement Administration will save the […]
StaffApril 15, 2024The Daily Hit is a recap of the top financial news stories for April 15, 2024. On the Site Canopy Growth CEO talks U.S. entrance via trio of acquisitions Canopy Growth CEO David Klein talked about the company’s Friday shareholder vote to move forward with acquisitions of Acreage Holdings, Wana Brands and Jetty in an […]
StaffFebruary 12, 2024The Daily Hit is a recap of the top financial news stories for Feb. 12, 2024. On the Site Lume Cannabis to take over Skymint grow operation Lume Cannabis Co. plans to take over the large cannabis grow facility near Lansing that’s being abandoned by competitor Skymint. Lume signed a letter of intent on Friday to […]
Adam JacksonNovember 9, 2023
The company is still trading at all-time lows.
StaffSeptember 18, 2023The Daily Hit is a recap of the top financial news stories for Sept. 18, 2023. On the Site Workers Strike at Curaleaf Arizona Dispensary Some workers at a Curaleaf Holdings Inc. (CSE: CURA) (OTCQX: CURLF) dispensary in Phoenix have gone on strike as of Friday, in an attempt they say to force company executives to the bargaining […]
Adam JacksonSeptember 14, 2023
BioSteel contributed roughly 60% of Canopy's first-quarter adjusted EBITDA loss.
Debra BorchardtAugust 17, 2023
Canopy Growth Corporation (TSX: WEED) (Nasdaq: CGC) is selling its Hershey Drive facility in Smiths Falls, Ontario, as part of its move to become a simplified, asset-light operating model. Canopy Growth said it will retain its Smiths Falls-based post-harvest manufacturing facility. The facility will be sold to Hershey Canada, Inc. for cash consideration of approximately […]
StaffAugust 9, 2023
The Daily Hit is a recap of the top financial news stories for Aug. 9, 2023. On the Site ScanSource Claims Dutchie Owes $24.7 Million Cannabis software company Dutchie is being sued by technology company ScanSource for not paying a bill valued at $24.7 million. ScanSource said in its lawsuit that the order included customizations, […]
Debra BorchardtJuly 14, 2023Balance sheet moves didn't satisfy investors.
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