Tag: canopy growth corporation

Canopy Growth’s weak results weighed on the entire cannabis sector. Most of the cannabis stocks were in the red on Thursday.

Earlier today, the Alcohol and Gaming Commission of Ontario announced that it would be holding a second lottery to issue licenses for retail cannabis.

The cannabis industry has become a favorite among investors. The industry saw a boom due to easing regulations. Major players have shown growth potential.

Canopy Growth (WEED)(CGC) was trading 3% higher early this morning after it announced the receipt of a key extraction license.

Bernie Sanders tweeted his support for legalizing marijuana nationally and expunging past marijuana convictions. How could this impact cannabis stocks?

Cannabis companies face regulatory challenges. Recently, CannTrust (CTST) didn't comply with Health Canada’s regulations.

Canopy Growth didn't impress investors with its earnings for the first quarter of 2020. The stock has fallen 12.4% since the company's earnings.

Charlotte's Web Holdings stock (CWBHF)(CWEB) was down 6.6% yesterday after the company reported lower-than-expected Q2 earning results.

Aurora Cannabis (ACB) announced that it's increasing its secured credit facility to 360 million Canadian dollars from $200 million Canadian dollars.

Canopy Growth admitted that the losses were due to upfront capital investments in Canada and Europe. The investments were made to "generate future value."