Tag: Canopy Growth

Joe Biden Keeps Stating Conflicting Opinions About Marijuana

CannabisMarch 10, 2020

Joe Biden wishes you would stop reminding him he once qualified cannabis as a “gateway drug.” At a Las Vegas town hall last...

48North Surprise Leadership Change Should be a Red Flag for Investors

CannabisMarch 9, 2020

48North Cannabis Corp. (TSXV:NRTH) has announced that Alison Gordon will be resigning her role as CEO effective immediately.This ends Ms. Gordon’s leadership at...

Canopy Growth Announces Layoffs and Greenhouse Shutdowns

CannabisMarch 5, 2020

Canadian cannabis producer Canopy Growth announced on Wednesday afternoon that it would close two of its cultivation facilities in British Columbia, a move...

Canopy Growth closing two facilities, firing 500 people

CannabisMarch 5, 2020

The continued struggles with profitability among Canadian cannabis companies are in the headlines again this week after Canopy Growth announced the closure of...

Cannabis companies launch lower-cost products in bid to compete with black market

CannabisMarch 3, 2020

Since Canada legalized weed in October of 2018, cannabis companies have been struggling to compete with the still-thriving black market in the country. In...

High Tide Reports a Dangerously Low Cash Balance in Q4 Earnings Report

CannabisMarch 2, 2020

High Tide (CNSX:HITI; OTCQB:HITIF) reported their Q4 2019 earnings today.Revenue came in at C$11.4 million which beat analysts’ estimates of C$11.01 million. This...

Marijuana stocks take hit amid coronavirus fears

CannabisFebruary 28, 2020

Equities on Wall Street suffered their worst week since the global financial crisis in 2008 after a surge in new cases of the...

Aluminum Cans May Be Siphoning the Potency from THC-Infused Beverages

CannabisFebruary 25, 2020

Consumers of THC-infused beverages should always pay close attention to the products they are ingesting—but now they have one more thing to consider...