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
Business Canopy’s recreational pot sales drop 18% in Q3 But sales for the firm's BioSteel sports drinks and Storz & Bickel vaporizers have been rising Nick LabaFebruary 9, 2022
Business Canopy scant on equity metrics in first ESG report But the report sets important baselines for energy consumption and pollution metrics Nick LabaJanuary 5, 2022
Business Canopy selling German subsidiary for up to $180M, losing nearly half of purchase price The company bought the German firm for $325M in 2019 Nick LabaDecember 15, 2021
CBD Another bipartisan bill seeks to regulate CBD in US The FDA has been promising a speedy process to create rules for cannabidiol since 2019 Nick LabaDecember 3, 2021
Business Canopy CFO and CPO step down from board Earlier in November, the company told shareholders it wouldn't be EBITDA-positive in fiscal 2021 Nick LabaNovember 19, 2021
Business Canopy pushes out fiscal 2022 profit predictions, closes Niagara facility Q2 revenue dipped 6% to $146M Nick LabaNovember 5, 2021
Business Canopy buys right to acquire Wana for US$297.5M Indiva will retain licensing rights to keep producing the brand in Canada for now Natalia Buendia CalvilloOctober 14, 2021
Business TREC Brands set to buy Agripharm for undisclosed sum The deal will give it control of a couple of US brands, as well as broad market coverage in Canada Natalia Buendia CalvilloOctober 12, 2021
Earnings Canopy confident on profit prediction despite flat Q4 growth Executives maintained that profits would show this fiscal year, despite weakening quarterly EBITDA and steep losses Nick LabaJune 1, 2021