Industry Overview - The cannabis industry is projected to reach new heights by 2026, driven by increased partnerships and consumer demand, alongside a favorable political climate in the US [1][3] - Positive speculation surrounds the cannabis sector for 2026, suggesting potential growth in marijuana stocks [1] Company Performance - Tilray Brands, Inc. reported a record Q2 fiscal 2026 net revenue of $218 million, indicating a strong financial position and reaffirming full-year adjusted EBITDA guidance [6][7] - Canopy Growth Corporation has taken steps to recapitalize its balance sheet, extending the maturity dates of all outstanding debts to January 2031, which positions the company for future growth [11][12] - Village Farms International, Inc. has entered the Dutch cannabis market by launching 10 new product offerings through its subsidiary Leli Holland [14] Investment Opportunities - Key marijuana stocks to watch for potential investment returns include Tilray Brands, Inc. (NASDAQ: TLRY), Canopy Growth Corporation (NASDAQ: CGC), and Village Farms International, Inc. (NASDAQ: VFF) [8]

Core Viewpoint - Canopy Growth Corporation has launched a new at-the-market equity program to raise up to $200 million in common shares, aimed at supporting strategic investments and working capital [1][2]. Group 1: Equity Program Details - The new equity program allows for the issuance and sale of up to $200 million in common shares across U.S. and Canadian markets, with Canadian sales capped at $50 million [2]. - The program is governed by an equity distribution agreement dated August 29, 2025, with BMO Nesbitt Burns Inc. and BMO Capital Markets Corp. as agents [3]. - The program will remain active until June 5, 2027, or until the full $200 million is raised, with the Canadian portion ending earlier on July 5, 2026, or upon reaching its $50 million cap [3]. Group 2: Company Overview - Canopy Growth Corporation operates in the cannabis industry, producing and selling cannabis, hemp, and related products across Canada, Germany, and Australia [4]. - The company operates through four segments, including Canada Cannabis and International Markets, offering a variety of products such as dried flower, pre-rolls, edibles, vapes, oils, and concentrates [4]. - Canopy Growth markets its products under multiple brands, including Tweed, 7ACRES, Spectrum Therapeutics, Storz & Bickel, Wana, and DOJA [4].