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 ...

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 ...

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 ...

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 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 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 ...

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 ...

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. | --- | --- | --- | --- | --- | --- | --- | --- | |------------------------------------------------ ...

Canadian Cannabis Companies to Eye in February 2024As we navigate through 2024, the Canadian cannabis sector and top marijuana stocks remain a hotbed of investment opportunities. With Canada at the forefront of cannabis legalization, several companies have emerged as key players. Overall, these firms range from large-scale producers to niche market innovators. Investors are keenly watching these stocks. This week, particular attention is on those demonstrating strong financial health, strategic partnerships ...

Canopy Growth Corporation (CGC) closed at $4.79 in the latest trading session, marking a -0.83% move from the prior day. The stock's performance was behind the S&P 500's daily loss of 0.06%. Elsewhere, the Dow saw an upswing of 0.35%, while the tech-heavy Nasdaq depreciated by 0.76%.Coming into today, shares of the company had lost 5.48% in the past month. In that same time, the Medical sector gained 1.65%, while the S&P 500 gained 3.36%.The investment community will be closely monitoring the performance of ...