Canopy USA

Canopy Growth Corporation (TSX:WEED) (NASDAQ:CGC) and Acreage Holdings, Inc. (CSE:ACRG, ACRG.B.U))(OTCQX:ACRHF, ACRDF)) announced Monday that Canopy USA, LLC will complete its acquisition of Acreage on or around Dec. 9, 2024. The Canadian cannabis giant announced its plans to acquire Acreage for $3...

Acreage Holdings, Inc. (CSE:ACRG, ACRG.B.U)) (OTCQX:ACRHF, ACRDF)) said it anticipates that Canopy USA, LLC –Canopy Growth Corporation‘s (TSX:WEED) (NASDAQ:CGC) strategy for capturing the U.S. cannabis market will complete its acquisition of Acreage by mid-December, 2024. The move could leave...

Canopy Growth Corporation (TSX:WEED) (NASDAQ:CGC) announced on Tuesday that its board of directors has named Luc Mongeau as the company's next chief executive officer, effective Jan. 6, 2025. Mongeau, a CPG veteran and board member at the Canadian cannabis giant, succeeds CEO David Klein, who...

Canopy Growth Corporation (TSX:WEED) (NASDAQ:CGC) announced its financial results on Friday for the second quarter of fiscal 2025, which ended Sept. 30, 2024. The Canadian cannabis giant reported a 9% year-over-year decrease in net revenue to CA$63 million ($45.4 million). Canopy said excluding net...

U.S.-focused cannabis stocks and ETFs may have taken a dip in pre-market trading on Wednesday in response to 2024 U.S. election outcomes. However, with earnings season gearing up it remains to be seen whether the latest earnings reports would get stocks back on track. Canopy Growth Canopy Growth...

Canopy Growth Corporation (TSX:WEED) (NASDAQ:CGC) announced on Wednesday that Canopy USA, LLC has completed its acquisition of Wana. The deal includes Wana Wellness, LLC, The CIMA Group, LLC, and Mountain High Products, LLC. The top edibles brand, Wana, generated roughly $150 million in retail...

Canopy Growth Corporation's (TSX:WEED) (NASDAQ:CGC) shareholders approved the creation of a new class of exchangeable shares of the company during their special meeting on Friday, April 12, as recommended earlier by Institutional Shareholder Services (ISS). What Happened At the meeting,...

Canopy Growth Corporation (TSX:WEED) (NASDAQ:CGC) announced its financial results on Friday for the third quarter ended Dec. 31, 2023, reporting an 81% year-over-year increase in "rest-of-world" cannabis revenue to CA$10.5 million ($7.8 million). The Ontario, Canada-based medical cannabis giant...

Acreage Holdings, Inc. (OTCQX: ACRHF) (OTCQX: ACRDF) (CSE:ACRG.A.U) (CSE:ACRG.B.U) announced that in connection with the company’s efforts to right-size it’s governance structure, Kevin Murphy, chairman of the board of directors, and Brian Mulroney, board member, are stepping down from...

Acreage Holdings, Inc. (OTCQX: ACRHF) (OTCQX: ACRDF) (CSE:ACRG.A.U) (CSE:ACRG.B.U) released its financial results for the first quarter ended March 31, 2023, revealing total revenue of $56.0 million, a decrease of 1.6% compared to $56.9 million in the Q1 2022 and a decrease of 2.6% compared to $57....

Acreage Holdings, Inc. (OTCQX: ACRHF) (OTCQX: ACRDF)(CSE:ACRG.A.U) (CSE:ACRG.B.U), FY 2022 revenue was $237.1 million, an increase of 26% compared to $188.9 million in 2021. Full Year 2022 Financial Highlights Gross profit was $101.7 million or 42.9% of revenue, compared to $95.9 million or 50.7...

Acreage Holdings, Inc. (OTCQX: ACRHF) (OTCQX: ACRDF) (CSE:ACRG.A.U) (CSE:ACRG.B.U), announced that, at a special meeting of holders (the “floating shareholders”) of Acreage’s class D subordinate voting shares (the “floating shares”) held on March 15, 2023, the floating...

Canopy Growth Corporation (NASDAQ: CGC) (TSX:WEED) released its financial results for the third quarter ended December 31, 2022, revealing net revenue of CA$101 million ($75.4 million), a 28% decrease compared to Q3 FY2022. Q3 2023 Financial Highlights Gross margin was (2%) as compared to 7% in...

TerrAscend Corp. (OTCQX: TRSSF) (CSE:TER), has entered into an arrangement dated December 9, 2022 with Canopy USA, LLC (NASDAQ: CGC) and certain of its subsidiaries to convert CA$125.5 million ($91.8 million) in aggregate loans plus accrued interest in exchange for 24.6 million exchangeable shares...

Canopy Growth Corporation (NASDAQ: CGC) (TSX:WEED) Q2 FY2023 net revenue was CA$118 million ($87.8 million), a 10% decrease compared to Q2 FY2022. The decrease is primarily attributable to increased competition in the Canadian adult-use cannabis market, the divestiture of C³ Cannabinoid...