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OSC accuses Cormark Securities of abusive short selling
The doors to the Ontario Securities Commission hearing rooms in Toronto on December 12, 2019. (Melissa Tait / The Globe and Mail)
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Canopy Growth CEO says he is hopeful for cannabis reforms after U.S. midterm elections
FILE PHOTO: A sign featuring Canopy Growth Corporation's logo is pictured at their facility in Smiths Falls, Ontario, Canada, January 4, 2018 .Picture taken January 4, 2018. REUTERS/Chris Wattie/File Photo
inside the market
Have pot stocks become a good contrarian bet? The Contra Guys have some answers
FILE PHOTO: Cannabis plants grow inside the Tilray factory hothouse in Cantanhede, Portugal April 24, 2019. REUTERS/Rafael Marchante/File Photo
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Cannabis producer Canopy Growth looks to grow U.S. business with new holding company structure
FILE PHOTO: A sign featuring Canopy Growth Corporation's logo is pictured at their facility in Smiths Falls, Ontario, Canada, January 4, 2018. REUTERS/Chris Wattie/File Photo/File Photo
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Canopy Growth, Cointreau settle lawsuit over Quatreau beverage line
Canopy Growth Corp.'s cannabidiol waters "Quatreau" are shown in a handout photo. The company and its U.S. subsidiary have settled a trademark violations lawsuit orange liqueur company Cointreau Corp. was pursuing against the cannabis firms. THE CANADIAN PRESS/HO-Canopy Growth **MANDATORY CREDIT**
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Air Canada losses, pension boosts and real estate trends: The business and investing stories you need to know about this week
An Air Canada jet takes off from Trudeau Airport in Montreal, Thursday, June 30, 2022. Air Canada is cutting more than 15 per cent of its scheduled flights in July and August as airports face lengthy delays and cancellations amid an overwhelming travel resurgence. THE CANADIAN PRESS/Graham Hughes
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Canopy Growth, once Canada’s cannabis star, reports $2.1-billion loss after major writedown
Staff work in a marijuana grow room that can be viewed by at the new visitors centre at Canopy Growth facility in Smiths Falls, Ont., Thursday, Aug. 23, 2018. Supreme Cannabis shareholders have voted in favour of the company being sold to Canopy Growth Corp. for $435 million. THE CANADIAN PRESS/Sean Kilpatrick
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How Canopy Growth, the star of Canada’s cannabis dreams, fell from grace
Bruce Linton, Founder, Chairman and co-ceo of Canopy Growth, is photographed in the company's Tweed cannabis facility in Smiths Falls, Ont., on Sept 21 2018. *** FOR IAN BROWN STORY ***
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Canopy Growth’s debt plan fails to sway analysts’ sell ratings
Staff work in a marijuana grow room that can be viewed by at the new visitors centre at Canopy Growth's Tweed facility in Smiths Falls, Ont., on Thursday, Aug. 23, 2018. THE CANADIAN PRESS/Sean Kilpatrick
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Cannabis company Canopy Growth to exchange $255.4-million in notes for shares and cash
Staff work in a marijuana grow room at Canopy Growth's Tweed facility in Smiths Falls, Ont. on Thursday, Aug. 23, 2018. Canopy Growth Corp. reported a smaller quarterly loss compared with a year ago as its net revenue fell 25 per cent.THE CANADIAN PRESS/Sean Kilpatrick
inside the market
Thursday’s small-cap stocks to watch
New Flyer Industries Inc.'s Xcelsior CHARGE zero-emission, battery-electric bus. HANDOUT (MARCH 2018).
inside the market
What bargain hunters should know before dipping into the pummeled cannabis sector
Cannabis plants grow inside a facility in Ontario, Tuesday, April 13, 2021. Alberta’s cannabis regulator sent a warning to pot retailers and suppliers after receiving complaints about agreements requiring marijuana producers to purchase sales data in exchange for shops carrying their products. THE CANADIAN PRESS/Tara Walton
inside the market
Monday’s analyst upgrades and downgrades
FILE PHOTO: FILE PHOTO: A sign featuring Canopy Growth Corporation's logo is pictured at their facility in Smiths Falls, Ontario, Canada, January 4, 2018. REUTERS/Chris Wattie/File Photo/File Photo
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Canopy Growth’s fourth-quarter net revenue down 25% from year ago
Staff work in a marijuana grow room at Canopy Growth's Tweed facility in Smiths Falls, Ont. on Thursday, Aug. 23, 2018. Canopy Growth Corp. says it will layoff more than 200 workers as part of a new cost reduction strategy that will make cannabis cultivation more affordable and uncover supply chain efficiencies. THE CANADIAN PRESS/Sean Kilpatrick
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Canopy Growth shares plan to acquire California’s Jetty Extracts
Workers produce medical marijuana at Canopy Growth Corporation's Tweed facility in Smiths Falls, Ont., on Monday, Feb. 12, 2018. A defunct subsidiary of Canopy Growth Corp. is fighting a court battle against the Canada Revenue Agency, which fined the pot company almost half-a-million dollars for allegedly growing cannabis on a Saskatchewan farm before receiving a licence. THE CANADIAN PRESS/Sean Kilpatrick
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Canopy Growth laying off 250 staff in plan to cut up to $150-million in costs
Workers produce medical marijuana at Canopy Growth Corporation's Tweed facility in Smiths Falls, Ont., on Monday, Feb. 12, 2018. A defunct subsidiary of Canopy Growth Corp. is fighting a court battle against the Canada Revenue Agency, which fined the pot company almost half-a-million dollars for allegedly growing cannabis on a Saskatchewan farm before receiving a licence. THE CANADIAN PRESS/Sean Kilpatrick
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Canopy Growth shrinks losses on cost-saving moves, cuts spending plan
FILE PHOTO: A sign featuring Canopy Growth Corporation's logo is pictured at their facility in Smiths Falls, Ontario, Canada, January 4, 2018. REUTERS/Chris Wattie/File Photo
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Cannabis giant Canopy Growth Corp. replacing two top executives after disappointing earnings
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Cannabis giants fail to lift sales even after big buying spree
A Hexo Corp. employee examines cannabis plants in one of the company's greenhouses, seen during a tour of the facility, Thursday, October 11, 2018 in Masson Angers, Que. THE CANADIAN PRESS/Adrian Wyld
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Canopy Growth reports $16.3-million second-quarter loss, pushes back profitability target
FILE PHOTO: FILE PHOTO: A sign featuring Canopy Growth Corporation's logo is pictured at their facility in Smiths Falls, Ontario, Canada, January 4, 2018. REUTERS/Chris Wattie/File Photo/File Photo
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Canopy Growth eyes U.S. cannabis market with deal to buy edibles company Wana Brands
FILE PHOTO: A sign featuring Canopy Growth Corporation's logo is pictured at their facility in Smiths Falls, Ontario, Canada, January 4, 2018. REUTERS/Chris Wattie/File Photo
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Despite layoffs and losses, cannabis CEOs awarded millions in bonuses
FILE PHOTO: Chemdawg marijuana plants grow at a facility in Smiths Falls, Ontario, Canada October 29, 2019. REUTERS/Blair Gable/File Photo
canada
Two hundred leaders sign letter seeking protection for B.C.’s old-growth forests
Protesters to old-growth logging used a 1200-year-old slice of a tree to block an entrance in the west wing where British Columbia Premier John Horgan's office is located in the legislature in Victoria on Monday, Oct. 4, 2021. THE CANADIAN PRESS/Chad Hipolito
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Cannabis producer Canopy Growth enters U.S. vape market
FILE PHOTO: A sign featuring Canopy Growth Corporation's logo is pictured at their facility in Smiths Falls, Ontario, Canada, January 4, 2018. REUTERS/Chris Wattie//File Photo
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Canopy Growth to open Tokyo Smoke cannabis stores in four Ontario malls
Shoppers are seen in Sherway Gardens Mall in Toronto, Friday, Sept. 25, 2020. Canopy Growth Corp. says its master franchisee will open Tokyo Smoke cannabis stores in some Ontario malls. THE CANADIAN PRESS/Cole Burston
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Canopy Growth CEO says market share softened in first quarter
A worker processes medical marijuana at Canopy Growth Corporation's Tweed facility in Smiths Falls, Ont., on Monday, Feb. 12, 2018. THE CANADIAN PRESS/Sean Kilpatrick
inside the market
Thursday’s analyst upgrades and downgrades
A Sobeys grocery store in Toronto on March 16.
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Australian cannabis company Little Green Pharma buys Canopy Growth facility in Denmark
FILE PHOTO: A sign featuring Canopy Growth Corporation's logo is pictured at their facility in Smiths Falls, Ontario, Canada, January 4, 2018 .Picture taken January 4, 2018. To match Insight CANADA-MARIJUANA/INNOVATION REUTERS/Chris Wattie/File Photo
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Supreme Cannabis shareholders vote to approve $435-million deal with Canopy Growth
Staff work in a marijuana grow room that can be viewed by at the new visitors centre at Canopy Growth facility in Smiths Falls, Ont., Thursday, Aug. 23, 2018. Supreme Cannabis shareholders have voted in favour of the company being sold to Canopy Growth Corp. for $435 million. THE CANADIAN PRESS/Sean Kilpatrick
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Drake and Canopy Growth end pot partnership
Rapper Drake gestures after watching an NBA basketball Western Conference Play-In game between the Los Angeles Lakers and the Golden State Warriors Wednesday, May 19, 2021, in Los Angeles. THE CANADIAN PRESS/AP/Mark J. Terrill
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Canopy Growth CEO says he is ‘really bullish’ on U.S. cannabis legalization after recent reforms
Canopy Growth Corp. reported a net loss of $128.3 million in its latest quarter compared with a net loss of $194.1 million in the same quarter last year. Staff work in a marijuana grow room at Canopy Growth's Tweed facility in Smiths Falls, Ont. on Thursday, Aug. 23, 2018. THE CANADIAN PRESS/Sean Kilpatrick
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Large cannabis companies are starting to experience growth headwinds because of fickle consumers
FILE - An employee tends to marijuana crops at a growing facility in Vancouver, Canada, Nov. 10, 2018. Most marijuana producers in Canada are still reporting staggering losses two and a half years after legalization. (Alana Paterson/The New York Times)
opinion
Cannabis has been legal for almost three years. So why don’t we want to get high off Ottawa’s supply?
Ben Kaplan
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Canopy Growth acquires Ace Valley cannabis in bid to grow brand loyalty with customers
Staff work in a marijuana grow room at Canopy Growth's Tweed facility, on Aug. 23, 2018.
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Canopy launches line of cannabis-infused beverages in U.S.
Canopy Growth Corp. will deepen its U.S. presence by launching four sparkling cannabidiol waters, shown in a handout photo, there before possible federal legalization. THE CANADIAN PRESS/HO-Canopy Growth Mandatory Credit
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Canopy Growth forecasts profitability in second half of next year after restructuring
Canopy Growth Corp. reported a net loss of $128.3 million in its latest quarter compared with a net loss of $194.1 million in the same quarter last year. Staff work in a marijuana grow room at Canopy Growth's Tweed facility in Smiths Falls, Ont. on Thursday, Aug. 23, 2018. THE CANADIAN PRESS/Sean Kilpatrick