Canopy Growth Archives

Marijuana Stocks Have Declined In Past 2 Weeks – Here’s Why

April 10, 2022 Lorimer Wilson

The U.S. House of Representatives passed the Marijuana Opportunity, Reinvestment, and Expungement (MORE) Act on March 25th and that initially led investors hoping for quick passage of a Senate bill to match the bill passed in the House. Last week, however, Senate Majority Leader Chuck Schumer said he would not be introducing the Senate’s version of the House’s act, called the Cannabis Administration & Opportunity Act (CAOA), until toward the end of April. [more]

Quarterly Cannabis Update – Impairments, Financings, Partnerships, M&A, and Other Deals

July 11, 2020 Jay Yi

Cannabis stock prices continue to be under pressure as the overall market struggles to find footing amid the coronavirus crisis with numerous companies announcing impairments, write-downs, deal adjustments, and financings. However, some companies continue to execute partnerships and launch new retail stores. [more]

Cannabis Central: A Conservative Approach to Investing in the Cannabis Industry

June 27, 2020 Chris Thompson

Seven major consumer and pharmaceutical corporations have bought into cannabis companies to take full advantage of this rapidly growing market. This article compares their YTD stock performance with that of their cannabis partner. [more]

Canopy Reports F2020 Earnings, Burning More Than $1.3B and Decreasing Canadian Production Capacity by 40%

June 3, 2020 Jay Yi

Canopy Growth, the largest cannabis company in the world based on market cap, reported full year earnings for F2020, with a 73% increase in revenue year-over-year, however, its bottom line reached over C$1 billion in losses due to restructuring initiatives, costing upwards of C$700 million. [more]

Cannabis Update – Aurora Enters US Market, Hexo to Raise $50M and More

May 20, 2020 Jay Yi

Other major events and reports related to the cannabis industry include: Cannabis Treatments for COVID-19; Canopy Growth loses two executives; Green Thumb Industries triples revenue; Tilray hopes to be profitable by year-end; United Cannabis files for bankruptcy. [more]