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A few months ago, Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) announced a definitive agreement to acquire 100% of The Supreme Cannabis Company, Inc. (TSX: FIRE) (OTCQX: SPRWF) in a transaction that is valued at approx. $435 million on a fully-diluted basis. Earlier this week, Supreme reported to have been granted…

Several leading Canadian broker-dealers responded negatively to Canopy Growth Corporation’s (TSX: WEED) (Nasdaq: CGC) fourth quarter financial results and have lowered their price target on the company. Canopy Growth CEO stated that he was a little concerned about the headwinds that it continues to face as a result of the…

Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC) today announces its financial results for the fourth quarter and Fiscal Year 2021 ended March 31, 2021.  All financial information in this press release is reported in Canadian dollars, unless otherwise indicated. "During Fiscal 2021, Canopy Growth transformed into a…

Earlier this week, MKM Partners upgraded Canopy Growth Corporation (WEED: TSX) (CGC: NYSE) to a Buy rating from Hold. The upgrade comes ahead of the company’s fourth quarter earnings report and we find the timing of the rating change to be of significance.  Earlier this month, Aurora Cannabis Inc. (ACB:…

Canopy Growth Corporation (WEED.TO) (CGC) is one of the only cannabis companies that is well-known for form strategic agreements with celebrities and star athletes. From Snoop Dogg to Patrick Mahomes (through BioSteel), the global cannabis company has a roster of strategic partners and we are favorable on this aspect of…

Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC), a world-leading diversified cannabis, CBD and vaporization device company announced the appointment of Martha Stewart as the company's official strategic advisor. In this new role, Martha will expand upon her existing relationship with the company, leveraging her vast knowledge of product development and…

Mexico is one of the most excited emerging international cannabis markets and is an opportunity that we have been highly focused on.  Mexico’s legislation to legalize recreational cannabis has hit a snag and it may take a few months longer than expected for it to pass. We believe Mexico’s recreational…

As pro-cannabis legislation advances in the United States (US), we have noticed increasing interest in the companies that are capitalizing on it.  One of the biggest potential catalysts for the cannabis sector would be the passing of the SAFE Banking Act and we are favorable on how the industry is…

As earnings season kicks into high gear, analysts are closely following the numbers that are reported by some of the best known cannabis companies.  Expectations are high for cannabis companies and the market has responded negatively to high-profile operators that reported numbers which missed expectations. Aphria, Inc. (APHA.TO) (APHA) was…

The next week will be significant for the legal cannabis industry as Tilray, Inc. (TLRY) plans to conduct a special shareholder meeting to vote on the pending mega-merger with Aphria, Inc. (APHA.TO) (APHA). So far this year, we have highlighted the potential of the combined company in a series of…