Former CEO and chairman of Canopy Growth Corporation Bruce Linton weighs in on company’s latest news February 10, 2023 AggregatedNews News & Insights 0 Comments The company said it is transitioning to an asset-light model in Canada by exiting cannabis flower cultivation in Smiths Falls, ceasing the sourcing of cannabis flower from the Mirabel, Québec facility, and moving to a third-party sourcing model for cannabis beverages,… Read More→
Over 500 Deals Pitched To $200m UK Cannabis Fund December 16, 2020 Peter McCusker Banking, Finance & Real Estate 0 Comments NEWLY-LAUNCHED legal medicinal cannabis fund Verdite Capital plans to make its first investments in the spring of 2021 – with team members having already considered over 500 deals in the sector. It is close to securing $75m from a UK-based multi-family office… Read More→
Cannabis giants, formerly of Canopy Growth, band together to build out U.S. hemp supply chain March 3, 2020 AggregatedNews Hemp Industry News 0 Comments Three titans of the North American hemp industry announced Monday that they had joined forces to build out the U.S. hemp supply chain. Geoff Whaling is the Pennsylvania-based chairman of the National Hemp Association who is credited with launching the… Read More→
Marijuana Stocks: Former Canopy Growth CEO Joins Forces With U.S. Multistate Firm November 8, 2019 AggregatedNews Industry People 0 Comments Former Canopy Growth (CGC) CEO Bruce Linton on Thursday was named the executive chairman of Vireo Health, a science-focused cannabis outfit with operations in multiple U.S. states, marking the latest move from the executive after his ouster from the weed giant… Read More→
Martha Stewart distances herself from ‘cannabis’ ahead of CBD product launch June 20, 2019 AggregatedNews Hemp Industry News, Industry People 0 Comments Martha Stewart commands a massive audience when she cooks, decorates, gardens and appears on television with Snoop Dogg. But the 77-year-old food and lifestyle guru has been tight-lipped about her personal use of cannabis. That took on greater meaning after… Read More→
Canopy Growth to Build First U.S. Hemp Plant in New York State January 15, 2019 AggregatedNews Hemp Industry News 0 Comments Canopy Growth Corp. will spend as much as $150 million to build its first production facility in the U.S. after the Canadian cannabis company was granted a hemp license by New York state. The U.S. farm bill legalized hemp and… Read More→
Canopy Rivers Announces $80 Million Bank Debt Facility at PharmHouse January 9, 2019 Press Release Banking, Finance & Real Estate, Press Releases 0 Comments PRESS RELEASE TORONTO, Jan. 07, 2019 (GLOBE NEWSWIRE) -- Canopy Rivers Inc. (“Canopy Rivers” or the “Company”) (TSXV: RIV) today announced that its 49%-owned joint venture PharmHouse Inc. (“PharmHouse”) has entered into a syndicated credit facility (the “Credit Facility”) with… Read More→
Canopy Growth CEO says ‘For sure there’s a marijuana bubble’ November 15, 2018 AggregatedNews Banking, Finance & Real Estate, Industry People 0 Comments Canopy Growth Corporation saw its shares fall 13% on Wednesday after reporting disappointing earnings that included a revenue decline. Analysts had expected better results from Canopy after Canada launched legal recreational marijuana sales on Oct. 17. But Canopy’s (CGC) shares… Read More→
Pot stocks rally after Canopy Growth buys US hemp researcher to help it grow marijuana better October 16, 2018 AggregatedNews Banking, Finance & Real Estate, Science and Technology 0 Comments Marijuana stocks rally after one of Canada's biggest cannabis companies announces it has agreed to acquire a U.S.-based hemp company. Marijuana stocks rallied Monday after one of the largest Canadian cannabis companies announced that it has agreed to acquire a… Read More→
With an ever Growing Footprint and War Chest, How Will Bruce Linton Lead Canopy Growth Corporation into the Future? September 11, 2018 Rob Meagher Company Stories, Multiple State Operators, Spotlight 0 Comments About a month ago, the news of the day was equivalent to an 8 plus earthquake on the seismic scale measuring the progress of the Cannabis Industry worldwide when Constellation Brands invested roughly $5 Billion ($4B USD), yes, with a… Read More→
OOOO…(what a week it was) CANADA, “our home and native land. True patriot love in all of us command” August 22, 2018 Rob Meagher News & Insights 0 Comments What started out as just another one of those long conference weeks morphed into the "Brave New World of Cannabis" with the Tuesday morning announcement of Constellation Brands $5 Billion Canadian dollar (yes with a B not an M) investment… Read More→
Constellation Brands to invest $5-billion to boost stake in Canopy Growth August 15, 2018 AggregatedNews Banking, Finance & Real Estate, Canada 1 Comment Constellation Brands has signed a deal to invest $5-billion in Canopy Growth Corp. to increase its stake in the marijuana company to 38 per cent and make it its exclusive global cannabis partner. Under the agreement, Constellation, a global producer… Read More→
Pot Candies, Vaping Snuffed Out for Now in Canadian Legalization July 19, 2018 AggregatedNews Canada 1 Comment Missing segment means continued life for black market, Rules for edibles and other products not due until 2019 A key segment of Canada’s marijuana industry will remain banned for up to a year after the drug becomes legal for recreational use… Read More→
Canada’s medical pot companies aim to grow export business July 23, 2016 AggregatedNews Canada 0 Comments Canada’s licensed medical cannabis producers are searching for opportunities to expand overseas while Ottawa works on its plan to legalize recreational marijuana next spring, with two producers recently securing licences to sell their products in Europe. The latest company to… Read More→