Analysis Canopy shares surge on 2022 profit prediction Despite reporting a $829M Q3 loss, shares are up as the Canadian weed giant predicts US legalization will spur profits Jared GnamFebruary 9, 2021
Industry update Hexo cuts losses, bets big on pot drinks The Ottawa-based producer cut net losses to $4.2 million in Q1, while predicting infused beverages will hit 15% of Canada's market Jared GnamDecember 14, 2020
Industry update Canopy shutters 5 Canadian facilities, beverage boss walks Canadian weed giant to lay off 220 workers in an effort to save up to $200M Jared GnamDecember 9, 2020