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The Latest Breaking News from Canopy

Canopy Growth & Other Cannabis Operators Just Made Some Key Executive Changes You Should Know About

As Benzinga Cannabis Capital Conference returns on September 13-14 to Chicago, gathering top CEOs, investors and leaders in the industry, let's scroll through the latest leadership changes within the space.

Benzinga

This Analyst Expects Stabilization Across Canadian Cannabis Market, Revises Sales Estimates For Cannabis LPs

The Canadian cannabis industry has become a competitive field over the past few years, which doesn’t come as a surprise considering its exponential growth over the same period.

Benzinga

Canopy Growth Reduces Debt By $203.6M

Canopy Growth Corporation (NASDAQ: CGC) (TSX:WEED) has closed its exchange transaction of certain 4.25% unsecured notes due 2023 in order to reduce its debt obligations by approximately CA$263 million (approximately $203.6 million).

Benzinga

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BofA Says Canopy Stock Is 'A Show Me Story,' Lowers Price Target

Canopy Growth Corporation (NASDAQ: CGC)

Benzinga

Canopy Growth Enters Into Additional Exchanges With Holders Of Notes

Canopy Growth Corporation (NASDAQ: CGC) (TSX:WEED) has entered into an additional privately negotiated exchange agreement with a holder of the company's outstanding 4.25% unsecured senior notes due 2023, to acquire approximately CA$7.25 million ($5.6 million) aggregate p

Benzinga

Constellation Brands Q1 Earnings Top Estimates; Plans To Eliminate Class B Common Stock

Constellation Brands Inc (NYSE:STZ) reported first-quarter FY23 growth sales of 17% year-on-year to $2.4 billion, beating the consensus of $2.16 billion. Net sales for the Beer segment grew 21% Y/Y to $1.89 billion, and Wine and Spirits rose 2% Y/Y to $465 million. Shipment volume for Beer increased 17.3%, while Wine and Spirits…

Benzinga

Why Canopy Growth Stock Is Getting Smoked Today

Canopy Growth Corp (NASDAQ: CGC) shares are trading lower Thursday after the company announced it entered into exchange agreements with holders of approximately $198 million of convertible notes.

Benzinga

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Canopy Growth Enters Into Exchange Agreements With Holders Of Approximately $198M Of Convertible Notes

Canopy Growth Corporation (NASDAQ: CGC) (TSX:WEED) has entered into privately negotiated exchange agreements with a limited number of holders, including Constellation Brands, Inc. (NYSE: STZ) through its wholly-owned s

Benzinga

Canopy Growth - Cointreau Trademark Battle Ends, Fitch Ratings Downgrades Canopy Stock

Last year, the French alcohol maker Remy Cointreau (OTC: REMYY) sued Canopy Growth Corporation (NASDAQ: CGC) for alleged trademark infringement over its CBD-infused sparkling water brand Quatreau.

Benzinga

One Of The Most Influential Women In Cannabis: Meet Nancy Whiteman, Creator Of Wana Brands

It is happening again, the Benzinga Cannabis Capital Conference will be held this coming September 13-14 in Chicago after the overwhelming success of its 4/20 Miami event.

Benzinga

After A Challenging March Quarter Canopy Growth Projects Positive EBITDA By FY 2024

Pablo Zuanic from Cantor Fitzgerald kept a rating of “Neutral” for the stocks of Canopy Growth Corp. (TSE: WEED) (NASDAQ: CGC) and lowered his 12-month price target to C$6.75 from C$7.75 due to the sectoral derating and red

Benzinga

Canopy Growth Enters Into Definitive Agreements To Acquire Jetty Extracts

Canopy Growth Corporation (NASDAQ: CGC) (TSX:WEED) and Lemurian, Inc.

Benzinga

Harvest One Reaches Supply Agreement With Canopy Growth's Spectrum Therapeutics' Online Medical Store

Harvest One Cannabis Inc. (OTCQB: HRVOF) (TSXV:HVT) strengthened its position in the cannabis-infused market through a supply agreement with Canopy Growth Corporation (NASDAQ: CGC).

Benzinga

Stock Of The Day Constellation Brands Shows Technical Strength Near Buy Point

Constellation Brands targets growth in the market for high-end beers — and CBD too.

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Benzinga

Tilray Vs. Canopy Growth: Which Cannabis Stock Deserves Premium Valuation? Analyst Opines

Canopy Growth Corp. (NASDAQ: CGC) recently confirmed that it is undertaking a series of initiatives, including layoffs, to reduce costs and drive efficiency in order to accelerate its path to profitability.

Benzinga

Canopy Growth Announces Cost Reduction To Accelerate Profitability, Including Lay Offs

Canopy Growth Corp. (TSX: WEED) (NASDAQ: CGC) announced that it is undertaking a series of initiatives, including layoffs, to reduce costs and drive efficiency in order to accelerate its path to profitability.

Benzinga

EXCLUSIVE: Why Canopy Growth's CEO Says US Cannabis Industry Can Reach 'Same Size As The Beer Industry'

Canopy Growth Corp (NASDAQ: CGC) and Wana Brands are positioning themselves to be U.S.

Benzinga

Constellation Brands' Q4 Earnings Top Estimates

Constellation Brands Inc (NYSE:STZ) reported fourth-quarter FY22 sales growth of 7.7% year-on-year, to $2.10 billion, beating the consensus of $2.02 billion. Net sales for the Beer segment grew 14% Y/Y to $1.6 billion, and wine and spirits fell 7% Y/Y to $536.8 million. Shipment volume for beer increased 9.9%, while wine and spirits…

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Benzinga

What's Going On With Tilray, Canopy Growth And Aurora Cannabis Shares Today?

Tilray Brands Inc (NASDAQ: TLRY), Canopy Growth Corp (NASDAQ: CGC) and Aurora Cannabis Inc (NASDAQ: ACB) are trading lower

Benzinga

Canopy Growth Makes Management Changes, Creates New Strategic Roles

Canopy Growth Corporation (TSX:WEED) (NASDAQ:CGC) appointed Judy Hong and Jonathan Di Tosto to its executive management team, along with the creation of four new strategic roles within its senior leadership team.

The Street

How High Can Cannabis Stocks Go From Here?

Cannabis stocks have been on fire this week. Here's how to trade Tilray and Canopy Growth.

Benzinga

Why Federal Cannabis Legalization Is 'A Question Of When, Not If,' Says Canopy Growth CEO: Meet Our Keynote Speakers

"The pessimist complains about the wind. The optimist expects it to change. The leader adjusts the sails.” John Maxwell

Benzinga

Court Dismisses Canopy's Cannabis Patent Infringement Lawsuit Against Jazz's GW Pharma

The U.S. District Court for the Western District of Texas dismissed a lawsuit filed by Canadian cannabis giant Canopy Growth (NASDAQ: CGC) against GW Pharmaceuticals on Feb. 25th.

Benzinga

Aurora Cannabis Is Selling Stock To Pay Off Debt: Why Tilray And Canopy Could Be Next In Line

Earlier this month, Aurora Cannabis (NASDAQ: ABC) reported its second-quarter financial results, revealing a 10% decline in total net revenue, which totaled slig

Benzinga

This Is The Hidden Upside Driver For Canopy Growth's Stock, According To A Leading Analyst

Since the beginning of the year, Canopy Growth (NASDAQ: CGC) shares have dropped from 14.03% to $8.00 per share.

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