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Constellation Brands slips after a $484 million loss in cannabis company Canopy Growth hits earnings
Constellation's struggles with Canopy date back further. In June, Constellation CEO Bill Newlands e…
Carmen Reinicke
Canopy Growth is rallying after beating on revenue, thanks to huge legal-marijuana sales in Canada
Also during the quarter, Constellation Brands, the maker of Corona beer and Svedka vodka closed its…
Ethel Jiang
Cannabis producer Canopy Growth pops after receiving a license to process hemp in New York
The Canadian marijuana producer intends to invest $100 million to $150 million in an operation site…
Ethel Jiang
The CEO of Constellation Brands throws cold water on the idea that former Canopy Growth chief Bruce Linton was fired for financial reasons
Still, analysts say Canopy is well-positioned going forward, as co-CEO Mark Zekulin has taken the r…
Carmen Reinicke
A weed-tech startup backed by an early Juul investor and Canopy Growth just raised $12 million
"I think in the last year we really saw this sea change happening where before, our client base was…
Jeremy Berke
Analysts say Canopy Growth, the world's largest cannabis company, will still dominate its industry after abruptly firing its CEO
Others agreed with the board's decision to change leadership to better fit the company's vision for…
Carmen Reinicke
CULTIVATED: An interview with Canopy's CEO — Psychedelic investment bank — Top cannabis lawyers
In this week's Cultivated, we bring you a wide-ranging interview with Canopy Growth's CEO, profile …
Jeremy Berke
The world's largest cannabis company has a new CEO, and Wall Street is betting it's a sign that Canopy Growth's investors aren't willing to wait for results to improve
"Broadly we believe the announcement will be welcomed for a number of reasons," wrote Jefferies ana…
Jeremy Berke
The man who built Canopy Growth into the world's biggest cannabis grower before being ousted told us why he picked pet-food CBD and psychedelics for his next ventures
CannTrust let the Canadian cannabis sector "take punch after punch because of their bad behavior," …
Jeremy Berke
Canopy Growth's CEO is pushing back against activist investors and says there's a 'like 0%' chance the landmark Acreage Holdings deal doesn't go through
"It's a complicated deal to get a simple goal," said Linton. Under the terms of the deal, Acreage s…
Jeremy Berke,Bradley Saacks
The CEO of the newest cannabis company to list on the NYSE says it's a 'perfect time' to open up to investors as it goes head-to-head with Aurora and Canopy Growth
The company has pursued a number of joint ventures to build up its capacity there, including taking…
Jeremy Berke
The lawyer who led Canopy Growth's groundbreaking $3.4 billion purchase of US marijuana cultivator Acreage Holdings says it will 'untap the market' for companies hunting similar deals
It's because of the complicated nature of the cannabis industry, where the drug is fully legalized …
Jeremy Berke
Top cannabis CEOs say Canopy Growth's $3.4 billion purchase of pot cultivator Acreage 'shakes the foundation of what's been true' and will spur a cannabis M&A boom
The rest of the money would come as soon as there is a "federally permissible" pathway to legalizat…
Jeremy Berke
CULTIVATED: 7 cannabis stocks to bet on for a Biden win — Fyllo's $26 million pitch deck — Canopy CEO says he's bullish
Welcome to Cultivated, where we're bringing you an inside look at the deals, trends, and personalit…
Jeremy Berke
Marijuana could be the biggest growth opportunity for struggling beverage-makers as millennials ditch beer for pot
Last year, Constellation closed a $4 billion investment into Canopy Growth, paving the way for othe…
Jeremy Berke
Cannabis producer Aphria just rejected Green Growth Brands' $2 billion hostile-takeover bid
"By virtue of our strong platform and competitive advantages, Aphria has multiple near-term opportu…
Ethel Jiang
CEO of the beverage giant behind Corona: Cannabis is one of the 'most significant' growth opportunities of the next decade
Constellation, the third-largest beer company in the US, paid $4 billion in August for a 38% stake …
Jeremy Berke
The Canadian cannabis producer Aphria plunges after missing on earnings and speeding up the expiration of Green Growth Brands' hostile takeover bid
Aphria posted a bigger than expected third-quarter loss on Monday, sending shares down as much as 1…
Arjun Reddy
Green Growth Brands' CEO says he's gearing up for an M&A tear and explains the types of companies he's going after
"We aren't wowed by what people out there are doing," said Horvath, who comes to the cannabis indus…
Jeremy Berke
Constellation Brands beats on a booming beer business, says its investment in a Canadian cannabis producer is a 'significant growth opportunity'
"Our $4 billion investment in Canopy Growth provides us with a strong foothold in the emerging glob…