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Investor Alert: Top Canadian Cannabis Picks for March 2024
MarijuanaStocks· 2024-02-22 13:00
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 ...
CANOPY GROWTH LAUNCHES NEW PRE-ROLLS FROM 7ACRES AND HIWAY
Prnewswire· 2024-02-22 12:30
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 ...
CANOPY GROWTH TO HOLD SPECIAL MEETING OF SHAREHOLDERS
Prnewswire· 2024-02-20 21:30
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 ...
Do Canopy Growth's Improved Q3 Numbers Give Investors Hope for a Turnaround?
The Motley Fool· 2024-02-18 12:54
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 ...
Cannabis Market Movers: Canada's Top Picks for Mid-February 2024
MarijuanaStocks· 2024-02-13 13:00
Top Canadian Cannabis Stocks for Mid-February 2024The Canadian cannabis sector remains a hotbed of activity, drawing attention from investors globally. With legalization trends expanding, Canadian marijuana stocks are at the forefront. This week, several companies stand out due to their market movements and potential growth opportunities. Investors are keenly watching these stocks. They’re looking for signs of strong financial health and strategic positioning. Overall, the global cannabis industry’s expansi ...
Canopy Growth reduces net loss, eyes US market entry
Proactive Investors· 2024-02-09 20:46
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Canopy Growth(CGC) - 2024 Q3 - Earnings Call Transcript
2024-02-09 19:34
Canopy Growth Corporation (NASDAQ:CGC) Q3 2024 Earnings Conference Call February 9, 2024 10:00 AM ET Company Participants Sarah Pare - VP of IR David Klein - CEO Judy Hong - CFO Conference Call Participants Michael Lavery - Piper Sandler Tamy Chen - BMO Capital Markets Aaron Grey - Alliance Global Partners John Zamparo - CIBC Bill Kirk - Roth MKM Matt Bottomley - Canaccord Genuity Operator Good morning. My name is Joanna, and I will be your conference operator today. I would like to welcome you to Canopy Gr ...
Canopy Growth seeking shareholder approval for Canopy USA
Market Watch· 2024-02-09 12:34
Canopy Growth Corp. CGC, -4.86% WEED, -4.79% said Friday it plans to seek approval from shareholders for a plan to close its acquisitions of cannabis-touching, U.S.-based businesses under the Canopy USA name. The Canadian cannabis company said it expects to file a definitive proxy with the SEC for Canopy USA on or about Feb. 13 for an April 12 shareholder vote on the structure. “Canopy USA is advancing and following our shareholder vote will be able to move forward with completing its acquisitions of Jetty ...
Canopy Growth Reports Third Quarter Fiscal Year 2024 Financial Results; Achieves Third Quarter of Sequential Revenue Growth across Canada Cannabis Businesses and a Record Quarter for Medical Sales
Prnewswire· 2024-02-09 12:00
Canada adult-use cannabis business-to-business net revenue up 9% year-over-year; Canada medical cannabis net revenue up 11% year-over-year Focused execution drove sustained margin improvement with second quarter of consolidated gross margins exceeding 30% Canopy USA strategy moving forward; special shareholder meeting scheduled for April 12, 2024 SMITHS FALLS, ON, Feb. 9, 2024 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (Nasdaq: CGC) today announces its financial ...
Canopy Growth(CGC) - 2024 Q3 - Quarterly Report
2024-02-08 16:00
Other • Decrease in expense of $3.6 million related to non-cash fair value changes on our debt, from $9.0 million in the third quarter of fiscal 2023 to $5.4 million in the third quarter of fiscal 2024. The year-over-year change is driven by the fair value change of the unsecured senior notes in the third quarter of fiscal 2023 versus the fair value changes on the CBI Note in the third quarter of fiscal 2024. | --- | --- | --- | --- | --- | --- | --- | --- | |------------------------------------------------ ...