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Canopy


Berita

Cannabis firms gain as Trump shows support for reclassification

BUZZ-Cannabis firms gain as Trump shows support for reclassification ** Shares of cannabis firms rise after Republican presidential candidate Donald Trump expresses support for reclassification of marijuana at the federal level ** Trump says he will vote "yes" over an amendment in Florida that will legalize recreational marijuana and recommended Congress to pass the SAFE banking act and other reforms, according to his post on Truth Social ** Cannabis advocacy group National Cannabis Roundtable t
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Pot stocks fall as US DEA pushes cannabis reclassification hearing to December

Pot stocks fall as US DEA pushes cannabis reclassification hearing to December Aug 27 (Reuters) - Shares of cannabis companies sank on Tuesday after the U.S. Drug Enforcement Administration (DEA) postponed its cannabis reclassification hearing to Dec. 2, after the U.S. presidential election. The Department of Justice, which oversees the DEA, said Attorney General Merrick Garland recommended cannabis be reclassified as a Schedule three drug instead of Schedule one earlier this year.
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Pot stocks fall as US drug agency to hold reclassification hearing after elections

BUZZ-Pot stocks fall as US drug agency to hold reclassification hearing after elections ** U.S.-listed shares of cannabis firms fall in premarket trade ** Shares slide as Drug Enforcement Administration said hearing on the proposal to reclassify marijuana to a Schedule III drug will take place on Dec. 2, after the U.S. presidential elections ** SND
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Canopy Growth Announces CEO Succession Plan

BRIEF-Canopy Growth Announces CEO Succession Plan Aug 16 (Reuters) - Canopy Growth Corp WEED.TO : CANOPY GROWTH ANNOUNCES CEO SUCCESSION PLAN CEO DAVID KLEIN TO RETIRE DAVID KLEIN, CEO TO RETIRE AT END OF COMPANY'S FISCAL YEAR Source text for Eikon: ID:nCNW3G8HWa Further company coverage: WEED.TO
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Canopy Growth CEO David Klein to retire in March

UPDATE 1-Canopy Growth CEO David Klein to retire in March Adds announcement details Aug 16 (Reuters) - Cannabis firm Canopy Growth WEED.TO said on Friday its CEO, David Klein, will retire at the end of the company's current fiscal year on March 31. K lein was appointed as Canopy Growth's chairman when the then co-CEO and founder Bruce Linton was fired in 2019. T he announcement comes just days after the company reported a smaller-than-expected core loss and pointed to easing doubts around its ab
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Canopy Growth CEO to step down

Canopy Growth CEO to step down Aug 16 (Reuters) - Cannabis firm Canopy Growth WEED.TO said on Friday its CEO, David Klein, will retire at the end of the company's current fiscal year ending March 31, 2025. Reporting by Mrinalika Roy in Bengaluru; Editing by Maju Samuel
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Air Canada, Bank of Montreal, Emera

CANADA RESEARCH ROUNDUP-Air Canada, Bank of Montreal, Emera Aug 12 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Air Canada, Bank of Montreal and Emera, on Monday. HIGHLIGHTS * Air Canada AC.TO : Jefferies cuts target price to C$16 from C$19 * Bank of Montreal BMO.TO : Jefferies cuts target price to C$124 from C$141 * Emera Inc EMA.TO : RBC cuts target price to C$57 from C$60 * Exchange Income Corp EIF.TO : CIBC raises target pri
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TSX falls amid broader declines as investors reassess turbulent week

CANADA STOCKS-TSX falls amid broader declines as investors reassess turbulent week TSX down 0.3% Utilities shares lead broader declines Algonquin Power & Utilities to sell renewables unit, shares plummet Updated at 9:47 a.m. ET/ 1347 GMT By Purvi Agarwal Aug 9 (Reuters) - Canada's main stock index moved lower on Friday amid a broader retreat and is set for a weekly decline, as investors took a breather to reflect on a volatile week for stock markets.
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Canopy Growth Corp reports results for the quarter ended in June - Earnings Summary

Canopy Growth Corp reports results for the quarter ended in June - Earnings Summary Canopy Growth Corp WEED.TO reported quarterly adjusted earnings of 3 cents​​ per share for the quarter ended in June, higher than the same quarter last year, when the company reported EPS of -70 cents. The mean expectation of six analysts for the quarter was for a loss of 47 cents per share.
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Canopy Growth posts smaller-than-expected core loss as costs drop

Canopy Growth posts smaller-than-expected core loss as costs drop Aug 8 (Reuters) - Canadian pot firm Canopy Growth WEED.TO reported a smaller-than-expected core loss for the first quarter on Friday, helped by lower operating expenses and stronger demand for medical cannabis. Its U.S.-listed shares CGC.O were up 3.3% at $7.15 in premarket trading.
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Canopy Growth Q1 Revenue CAD 66 Million Vs. IBES Estimate CAD 70.6 Million

BRIEF-Canopy Growth Q1 Revenue CAD 66 Million Vs. IBES Estimate CAD 70.6 Million Aug 09 (Reuters) - Canopy Growth Q1 gross margin 35%. Q1 adjusted EBITDA CAD -5 million
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Pot stocks dip on broader US recession worries

BUZZ-Pot stocks dip on broader US recession worries ** Shares of cannabis firms fall amidst a broader sell-off in the market ** Wall Street's main indexes slumped on fears of the United States tipping into recession following weak economic data last week .N ** Gordon Johnson, CEO and Founder of GLJ Research, said a yen carry-trade was also affectin
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US pot stocks climb as rescheduling of reform inches closer

BUZZ-US pot stocks climb as rescheduling of reform inches closer ** Shares of cannabis firms rise in afternoon trade ** Shares of Tilray Brands TLRY.O gain as much as 4.1% ** Trulieve Cannabis TRUL.CD , Canopy Growth WEED.TO , Curaleaf Holdings CURA.TO , Organigram OGI.TO rise between 1.6% and 9.1% ** ETF AdvisorShares Pure US Cannabis MSOS.P gains 5.8% ** "Cannabis investors have been focused on regulatory reform, specifically rescheduling, which is seen as the most important near-term catalyst
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U.S. Alphabet, Domino's Pizza, McKesson

U.S. RESEARCH ROUNDUP-Alphabet, Domino's Pizza, McKesson July 9 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Alphabet, Domino's Pizza and McKesson, on Tuesday. HIGHLIGHTS * Alphabet Inc GOOGL.O : Jefferies raises target price to $220 from $215 * Domino's Pizza Inc DPZ.N : Baird raises to outperform; raises target to $580 from $530 * McKesson Corp MCK.N : Baird raises target price to $694 from $679 * Teleflex Inc T
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