Canadian cannabis producer Canopy Growth says its business transformation is taking shape despite an 829.3 million Canadian dollar ($651 million) net loss for the third quarter of its 2021 fiscal year, which ended Dec. 31. Among other new financial tar…
Canopy Growth
“Independent Entity” With Canopy Roots Launches Contract Farming in Lesotho
CANNABIS CULTURE – Highlands Investments (formerly Canopy Africa) has launched Africa´s cannabis contract farming platform called Canna-Tract. Whether this is canna-colonialism or a secure platform for Africa’s cannabis cultivators has yet to be determ…
Expert Tips To Help You Pinpoint The Best Cannabis Stocks
Expert Tips To Help You Pinpoint The Best Cannabis Stocks
Through a variety of matrices, experienced stock leaders determine what they consider to be leading options in the market.
The post Expert Tips To Help You Pinpoint The Best Cannabis Stocks appe…
Canada’s ‘croptober’ surge pushes cannabis inventory over 1 million kilograms
Canadian licensed producers added a record 220,461 kilograms of marijuana to their inventories in October 2020, according to new data offering a statistical glimpse of the country’s first large-scale “croptober” – when most of the fall outd…
Insights into 20 years of organic growth, profitability at marijuana vape maker Storz & Bickel
Focus on your value proposition instead of offering the cheapest product in the category. Figure out how to grow organically using your own financial resources instead of being distracted by your competitors’ latest financing round. Those are jus…
Aphria grows Q2 revenue, reports CA$120.6M net loss
Canadian cannabis company Aphria reported increased quarterly revenue on Thursday for the quarter ended Nov. 30, with a net loss of 120.6 million Canadian dollars ($95.3 million). The Ontario-based firm posted net revenue of CA$160.5 million, a 10% inc…
Cannabis CEOs, led by Aphria’s Irwin Simon, are among Canada’s top-paid execs despite losses
A number of executives in the cannabis industry are among the highest-compensated CEOs in Canada, according to a new analysis of 2019 pay by the Ottawa think tank Centre for Policy Alternatives. Executive compensation in the marijuana industry has attr…
Canopy boosting Ontario presence with nine new Tokyo Smoke stores
Canopy Growth plans to open nine new cannabis stores in Ontario in January under its Tokyo Smoke brand, growing its retail presence in Canada’s largest adult-use marijuana market, the company announced Friday. Canopy currently has 13 Tokyo Smoke …
Top 10 cannabis business stories of 2020
Here’s a look back at the year that was through the lens of MJBizDaily‘s most-read marijuana business stories of 2020.
Top 10 cannabis business stories of 2020 is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness n…
Cannabis firm Canopy Growth sues GW Pharma, claiming patent infringement
Canadian cannabis producer Canopy Growth Corp. is suing Britain’s GW Pharmaceuticals in U.S. federal court, alleging that GW is knowingly infringing upon Canopy’s intellectual property. GW uses a Canopy-patented method to extract the CBD th…