Business Acreage boosts annual sales 65% to US$188.9M The firm maintained positive adjusted EBITDA in every quarter last year Nick LabaMarch 11, 2022
Canada Canopy celebrates rising Canadian sales and Biden win The Ontario-based super-producer saw Q2 sales grow 23% while it adjusted its US expansion strategy for a Democrat in the White House Jared GnamNovember 9, 2020
The weed wire Canopy expands US distribution of BioSteel drinks with 2 big beverage firms The Canadian weed giant continues to build out its energy drink brand in the U.S. while it waits for federal legalization Jared GnamOctober 13, 2020
The weed wire Canopy-Acreage deal drops US$2.4 billion in value Cross-border acquisition deal amended due to current 'volatile financial market conditions' Jared GnamJune 25, 2020
COVID-19 Acreage Holdings signs off on loan with 60% interest rate Canopy CEO predicts US federal legalization in 2022, which would finalize weed giant's acquisition of Acreage Jared GnamJune 17, 2020
The weed wire Acreage Holdings reports steep US$50.6 million Q4 loss The U.S. cannabis operator attributed the sizable loss to regulatory issues that hampered eight store openings Jared GnamFebruary 27, 2020
Legalization U.S. House Passes Cannabis Banking Bill in Historic Vote, But Will it Pass the Senate? U.S. Congress made history Sept. 25 after passing the SAFE Banking Act, but the bill that would help the cannabis industry access banks faces... Jared GnamSeptember 26, 2019
Earnings Acreage Sinks After Posting Q2 Loss, Aims To Open Tweed Pot Shops In California Acreage shares fell 10 per cent after it posted a second-quarter loss of US$33.9 million, but the American pot firm said it plans to... Jared GnamAugust 14, 2019
Canada Cronos Group Q2 Revenue Triples But Shares Slump on Spending Forecast As the cannabis industry reaches the heart of earnings season, investors are looking for profits and weren't impressed with Cronos CEO's second-half spending projections... Jared GnamAugust 12, 2019
Canada Canopy Aims to be Profitable While Focusing on Financing Options, Global Expansion "We’re very clear that when it comes to Canada as a stand-alone business that we expect to be EBITDA positive in the next 18... David JJune 17, 2019