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13.08.26 - 13:36
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Will Canopy Growth Get Acquired? (Fool)
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Curaleaf is attempting to acquire Canopy Growth's rival, Aurora Cannabis, and there could be more consolidation to come in the industry....
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09.08.26 - 06:06
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Blame game as Brussels builds ′Europe′s largest frying pan′ instead of shady square (The Guardian)
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Architect's vision for redevelopment of heart of EU quarter unrealised amid political wrangling and rising costsThe redevelopment plan for Schuman Square at the heart of the EU quarter in Brussels was very ambitious. From a traffic-clogged, nondescript roundabout, it would become “an urban agora”, a greener, calmer meeting place, nothing less, said a former head of the Brussels government, than “a symbol that beats as the heart … of the European project”.It did not turn out that way. The result, say critics, is Europe's largest frying pan, a concrete expanse with little greenery or shade. While the number cars has reduced and the space is remodelled with smart grey paving, the centrepiece – a steel canopy with a green roof – was never built. Continue reading......
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07.08.26 - 13:03
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Canopy Growth Reports First Quarter Fiscal Year 2027 Financial Results; Delivers 13% Net Revenue Growth with Contributions from All Businesses (Business Wire)
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Net revenue growth of 22% in Canada medical cannabis, 10% in Canada adult-use cannabis, 10% in international markets cannabis and 6% in Storz & Bickel
Adjusted gross margin1 improves to 31% in Q1 FY2027 from 25% in Q1 FY2026
Adjusted EBITDA2 loss narrows by 59% year-over-yearSMITHS FALLS, Ontario--(BUSINESS WIRE)--Canopy Growth Corporation (“Canopy Growth”, “our”, “we” or the “Company”) (TSX: WEED) (Nasdaq: CGC), a leading global company committed to bettering lives through cannabis, today announced its financial results for the three months ended June 30, 2026 ("Q1 FY2027"). All financial information in this press release is reported in Canadian dollars, unless otherwise indicated.
“The renewed focus and strong momentum we established over the past year have continued into fiscal 2027. In the first quarter, we achieved net revenue growth in every business through solid execution across the organization. We have clear strategies to deliver further growth in each of our end mark...
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