While it’s difficult to say with confidence who will win out in the elections later this year, investors of cannabis stocks may have something to look forward to. Basically, the attention should turn not to a possible red or blue wave but rather a green one.Fundamentally, President Joe Biden has a popularity problem: his candidacy is simply not resonating with voters. However, for the first time in history, the leader of the free world used part of the State of the Union address to promote marijuana reform. ...

Cannabis stocks surged Monday after Vice President Kamala Harris called on the Drug Enforcement Administration (DEA) to reschedule marijuana “as quickly as possible.” Cannabis is currently a Schedule 1 narcotic, the same classification as heroin, a point Harris called “absurd” and “patently unfair.”In a meeting at the White House with a group who had received pardons for various marijuana-related charges, Harris made special mention of the administration’s efforts into rescheduling marijuana, including the ...

Shares of Canopy Growth (CGC 28.08%) were flying 19.2% higher as of 10:06 a.m. ET on Monday after jumping as much as 21.8% higher earlier in the morning. The gain came after Vice President Kamala Harris on Friday called for the federal government to move more quickly on rescheduling marijuana.Harris held a roundtable discussion on marijuana reforms at the White House. She stated during the meeting that the current scheduling of marijuana as a Schedule I drug alongside heroin is "absurd" and "patently unfair ...

Canadian Cannabis Stocks to Keep an Eye On in 2024This week is shaping up to be an intriguing one for Canadian marijuana stocks, with several names catching the eyes of investors. As the industry forges ahead, these companies are emerging as ones to watch, thanks to their potential for growth and the dynamic nature of the market. Investors and traders seek solid earnings reports, strategic alliances, and opportunities to break into new markets. Given Canada’s established cannabis landscape, these firms offe ...

Shareholders are encouraged to vote well in advance of the proxy voting deadline on April 10, 2024 at 1:00 p.m. Eastern Time (Toronto time) For any questions or assistance with voting, shareholders should contact Laurel Hill Advisory Group at 1-877-452-7184 (North American Toll Free) or 1‑416‑304‑0211 (Outside North America), or by email at [email protected]. SMITHS FALLS, ON, March 14, 2024 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (Nasdaq: CGC) today announc ...

SMITHS FALLS, ON, March 11, 2024 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (Nasdaq: CGC) today announced additional details with respect to the previously announced special resolution to be voted on by the shareholders of Canopy Growth (the "Canopy Shareholders") authorizing an amendment to the Company's articles of incorporation, as amended (the "Amendment Proposal"), in order to: (i) create and authorize the issuance of an unlimited number of a new class of no ...

Top Canadian Cannabis Stocks to Monitor in March 2024This week, the spotlight shines on Canadian cannabis stocks, marking an intriguing phase for investors and market watchers. Companies like Canopy Growth, Aurora Cannabis, and Tilray have become household names. They navigate the complex landscape of legal cannabis markets. Recent shifts in regulatory frameworks and market dynamics play a crucial role. These companies are on the brink of their quarterly earnings reports. This period could reveal significan ...

SMITHS FALLS, ON, Feb. 22, 2024 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (Nasdaq: CGC), a world-leading diversified cannabis company, today announced the introduction of five new pre-roll products across the Company's adult-use cannabis portfolio from brands 7ACRES and Hiway. "Forging ahead with our commitment to innovation, we're excited to offer new pre-roll offerings that meet consumers across a range of occasions and price points," said Dave Paterson, Presi ...

Shareholders to vote on the creation of a new class of Exchangeable Shares, which is expected to be a critical step in strategy to accelerate Canopy Growth's entry into the over $50B1 U.S. THC market. For any questions or assistance with voting, shareholders should contact Laurel Hill Advisory Group at 1-877-452-7184 (North American Toll Free) or 1‑416‑304‑0211 (Outside North America), or by email at [email protected]. SMITHS FALLS, ON, Feb. 20, 2024 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growt ...

It hasn't been a great start to the year for cannabis producer Canopy Growth (CGC 6.41%), as its shares are already down 29% this year. The stock has struggled to win over investors in recent years. A highly competitive Canadian cannabis market has made it difficult for the company to grow without burning through cash and incurring hefty losses along the way.Earlier this month, the company released its latest quarterly results, which showed a significant improvement in the bottom line. Does this indicate so ...