Industry update
Company stock has surged more than 150% since Nov. 5, even while reporting declining Canadian weed sales
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Canada
As part of National Pain Awareness Week, Canopy's chief medical officer discusses how Canadians are navigating chronic pain with weed
Industry update
A mature regulated market could generate US$2.7B in annual sales, and save taxpayers US$311M per year in enforcement costs: Vicente Sederberg LLP
Industry update
With 8 popular weed brands in the U.S., the Toronto-based company eyes expansion on home soil
Industry update
The province of 14.6 million saw sales grow 10.9% compared to a national average of 5.6%, according to StatsCan
Industry update
Gov. Andrew Cuomo's top cannabis advisor told Canopy that the Empire State will also regulate CBD-infused products by early 2021
Industry update
Canada's biggest industry lobby group released a report card coinciding with the second anniversary of legalization
Analysis
Supply gluts, collapsing wholesale prices and Canadian regulations put an incoming 360,000 kgs of outdoor weed at risk of going unsold
COVID-19
While the producer holds the largest share of the Canadian adult-use market, falling prices continue to eat at margins
The weed wire
Sales from third-party contracts made up 83 per cent of the extractor's quarterly revenue
