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On Friday, Canopy Growth Corporation (TSX: WEED) (Nasdaq: CGC) released first quarter financial results that showed strong growth in the amount of cannabis that was sold.  ​​After Canopy Growth reported quarterly financial results, a few broker-dealers issued new price targets on the operators.  The changes to Canopy Growth include: Canaccord…

Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC) today announces its financial results for the first quarter fiscal 2022 ended June 30, 2021 . All financial information in this press release is reported in Canadian dollars, unless otherwise indicated. Highlights Achieved 23% revenue growth in Q1…

Earnings season for the cannabis industry is kicking into high gear with leading Canadian Licensed Producers (LPs) Canopy Growth Corporation (TSX: WEED) (Nasdaq: CGC) and Cronos Group Inc. (TSX: CRON) (Nasdaq: CRON) getting ready to report earnings tomorrow.  Last week, Tilray, Inc. (TSX: TLRY) (Nasdaq: TLRY) reported fourth quarter financial…

In a surprise development, leading Canadian Licensed Producer (LP) Canopy Growth Corporation (TSX: WEED) (Nasdaq: CGC) and Houseplant have mutually agreed to end their relationship. The development comes after the companies operated a successful joint venture for three years. According to a press release, the company determined that it is…

After three years of a successful joint venture, Houseplant and Canopy Growth Corporation have mutually agreed to end their relationship. The Canadian cannabis market has evolved substantially during this period, and the parties believe the time is right for the Houseplant brand to develop independently while Canopy advances its focus…

One day after CIBC slashed its price target on Tilray, Inc. (TSX: TLRY) (Nasdaq: TLRY), the broker-dealer lowered its price target on Canopy Growth Corporation (TSX: WEED) (Nasdaq: CGC) to C$30 from C$36. The lower price target was issued ahead of Canopy Growth’s plan to report first quarter financial results…

Last month, Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) released fourth quarter financial results and the market was not impressed by the earnings report. Following the less-than-favorable earnings report, several broker-dealers lowered their respective price target on Canopy Growth and this is a trend that we have been closely monitoring.…

Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) and The Supreme Cannabis Company, Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) are pleased to announce the completion of the previously announced arrangement whereby Canopy has acquired all of the issued and outstanding common shares of Supreme. As Canopy continues to focus on…

Planet 13 Holdings Inc. (CSE:PLTH) (OTCQB:PLNHF) (" Planet 13 " or the " Company"), a leading vertically-integrated Nevada cannabis company, announces two shop-in-shop stores in the new Orange County SuperStore ("P13 OC"). Based on the success of the store-within-store concept at the Las Vegas SuperStore, Planet 13 has created three…

Little Green Pharma Ltd (ASX: LGP) has acquired a world-class, fully-operational, GMP medicinal cannabis cultivation and manufacturing facility in Denmark from Canopy Growth Corporation (TSX:WEED, NASDAQ: CGC). The facility, located in Northern Odense, has the capacity to produce in excess of 12 tonnes per annum of finished flower and provides LGP with much-needed product supply from…