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Cannabis Giant Canopy Growth Ditches Sports Drinks Unit, Finds Buyers For BioSteel
Friday, November 17, 2023 - 12:05pm | 499Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) said on Friday that under the companies' Creditors Arrangement Act involving BioSteel Sports Nutrition Inc., the Ontario Superior Court of Justice has approved two transactions to sell all or substantially all of the assets of BioSteel Canada...
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Cannabis Giant Canopy Growth Cuts Ties With Sports Nutrition Products Maker: Here's Why
Thursday, September 14, 2023 - 11:05am | 453Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) announced on Thursday that it's no longer funding BioSteel Sports Nutrition Inc. The Ontario-based cannabis giant said BioSteel has "commenced proceedings under the Canopy' Creditors Arrangement Act in the Ontario Superior Court...
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Canopy Growth FY23 Net Revenue Declines 21%, Announces Remedial Actions Against BioSteel
Friday, June 23, 2023 - 8:35am | 767Canopy Growth Corporation (NASDAQ: CGC) (TSX:WEED) released its financial results for the fiscal year ended March 31, 2023, revealing net revenue of CA$403 million ($305 million) in FY2023 declined 21% as compared to FY2022. The decrease is primarily attributable to increased competition in the...
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Canopy Growth Q2 2023 Revenue Grows 7% Sequentially, Another Record Quarter For BioSteel
Wednesday, November 9, 2022 - 9:03am | 678Canopy Growth Corporation (NASDAQ: CGC) (TSX:WEED) Q2 FY2023 net revenue was CA$118 million ($87.8 million), a 10% decrease compared to Q2 FY2022. The decrease is primarily attributable to increased competition in the Canadian adult-use cannabis market, the divestiture of C³ Cannabinoid...
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Canopy Growth's BioSteel Celebrates Toronto Blue Jays Sponsorship With Launch Of New Limited-Edition Flavor
Friday, September 2, 2022 - 7:46am | 501BioSteel Sports Nutrition Inc. launched Blue Cherry, a new limited-edition sports drink that celebrates the brand’s partnership with the Toronto Blue Jays. The new ready-to-drink offering is co-branded with the Blue Jays logo and will be available at Sobeys banner stores, including Needs,...
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Cannabis Movers & Shakers: Canopy Growth, Flower One & Green Check Verified
Friday, July 1, 2022 - 4:01pm | 729Canopy Growth’s BioSteel Sports Names President Canopy Growth Corp.’s (NASDAQ: CGC) BioSteel Sports Nutrition Inc. has tapped Bruce Jacobson to serve as its president. Together with co-founders John Celenza and Michael Cammalleri, Jacobson will be responsible for accelerating the growth...
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Canopy Growth's BioSteel Becomes Official Sports Drink Of The Los Angeles Lakers In A 'Slam Dunk' Deal
Tuesday, August 17, 2021 - 8:42am | 516BioSteel Sports Nutrition Inc., which is part-owned by Canopy Growth Corporation (NYSE: CGC) (TSX: WEED), announced Monday it had entered a multi-year sponsorship deal as the official sports drink of the Los Angeles Lakers. The Los Angeles company agreed to support the 17-time NBA...
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BioSteel CBD Sports Products Available At The Vitamin Shoppe
Monday, March 2, 2020 - 3:59pm | 326BioSteel, a company majority-owned by Canopy Growth (NASDAQ: CGC) focused on sports nutrition products, will supply its new line of BioStell CBD for Sport Products at all Vitamin Shoppe locations across the United States. "The use and acceptance of CBD-based products in the professional...
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Canopy Growth Enters Sports Nutrition Space, Acquires Majority Stake in BioSteel Sports Nutrition
Wednesday, October 2, 2019 - 8:19am | 352Canopy Growth Corporation (NYSE: CGC) (TSX: WEED) said Wednesday it has acquired a majority stake in BioSteel Sports Nutrition Inc. The acquisition offers a new opportunity for Canopy Growth to become part of the sports nutrition and hydration industries and provides the basis for the usage of CBD...