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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:…

The cannabis sector is in the middle of earnings season and the results have been less than optimal so far.  Earlier this month, Aurora Cannabis Inc. (ACB: TSX) (ACB: NYSE) traded lower after it reported third quarter financial results that missed expectations. After reporting earnings, several broker-dealers downgraded the stock…

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…

After leading Canadian Licensed Producers (LPs) announced quarterly financial results that came in lower than what many broker-dealers expected, several firms have issued new ratings and/or price targets on several LPs. Several of the price target decreases are substantial and we find the changes to be worth highlighting. We attribute…

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…

Earlier this month, Mexico’s push to legalize recreational cannabis was halted after Senate Majority Leader Ricardo Monreal said that is attempting to extend the Supreme Court’s deadline to change the current law. This development was not well received by the market as Mexico was on the verge of becoming the…

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…