Judy Hong

Canopy Growth Corporation‘s (NASDAQ:CGC) strategy for capturing the U.S. cannabis market was the focal point of a recent fireside chat hosted by Zuanic & Associates. CEO David Klein and CFO Judy Hong provided insights into Canopy USA's (CUSA) growth strategy, financial projections and its...

Canopy Growth Corporation (TSX:WEED) (NASDAQ:CGC) announced its financial results on Friday for the second quarter of fiscal 2025, which ended Sept. 30, 2024. The Canadian cannabis giant reported a 9% year-over-year decrease in net revenue to CA$63 million ($45.4 million). Canopy said excluding net...

U.S.-focused cannabis stocks and ETFs may have taken a dip in pre-market trading on Wednesday in response to 2024 U.S. election outcomes. However, with earnings season gearing up it remains to be seen whether the latest earnings reports would get stocks back on track. Canopy Growth Canopy Growth...

Cannabis giant Canopy Growth Corporation (TSX:WEED) (NASDAQ:CGC) has made an early payment of $100 million on its senior secured loan at a discounted price of $97.5 million. This move reduces the company’s debt and saves around $14 million in annual interest costs, while highlighting its...

Canopy Growth Corporation (NASDAQ: CGC)'s announcement of an at-the-market (ATM) equity program has generated significant buzz within the cannabis industry, even as the stock traded down following the news. The program, which allows Canopy to issue and sell up to $250 million worth of its...

Canopy Growth Corporation (TSX:WEED) (NASDAQ:CGC) announced on Wednesday that its board of directors has approved the consolidation of its issued and outstanding common shares based on one post-consolidation common share for every ten pre-consolidation common shares. The consolidation, which was...

Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) announced on Friday that it has closed the sale of BioSteel Canada and BioSteel Manufacturing, LLC for gross proceeds of $30.4 million. The sale of “substantially all” of the assets of BioSteel Canada to the Coachwood Group as...

Canopy 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...

Canopy Growth Corp. (TSX: WEED) (NASDAQ: CGC) announced measures to enhance its financial flexibility and reduce its debt. The company has entered into a series of agreements, including redemption agreements with certain holders of its unsecured senior notes and agreements with lenders...

Canopy Growth Corporation (NASDAQ: CGC) (TSX:WEED) announced that all conversions pursuant to the $100 million senior unsecured convertible debentures, sold to an institutional investor in February 2023, have been completed. Since the beginning of fiscal 2023, Canopy Growth has completed numerous...

Canopy Growth Corporation (NASDAQ: CGC) (TSX:WEED) has entered into privately negotiated exchange agreements with certain holders of the company's outstanding 4.25% unsecured senior notes due 2023, to acquire CA$12.5 million ($9.4 million) aggregate principal amount of the notes from the...

Canopy 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...

Several large cannabis companies and cannabis related companies, announced earnings report release dates this week. The Scotts Miracle-Gro Company The Scotts Miracle-Gro Company (NYSE: SMG), one of the world’s largest marketers of branded consumer lawn and garden products, will release its...

Canopy Growth Corporation (NASDAQ: CGC) (TSX:WEED) has closed its exchange transaction of certain 4.25% unsecured notes due 2023 in order to reduce its debt obligations by approximately CA$263 million (approximately $203.6 million). Constellation Brands, Inc. ("CBI") (NYSE: STZ), through...

Canopy Growth Corp. (TSX: WEED) (NASDAQ: CGC) announced that it is undertaking a series of initiatives, including layoffs, to reduce costs and drive efficiency in order to accelerate its path to profitability.  Aligned to Canopy Growth’s FY23 strategic review, the Company announced...