Canopy Growth to sell Hershey Drive facility back to Hershey Canada for $53M | iNFOnews
The Hershey building in Smiths Falls, Ont., is headed back into the hands of the company that made the facility famous.
Source: infotel.ca
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Smiths Falls: Canopy Growth sells former chocolate factory to Hershey Canada
Canopy Growth Corp. says it has entered into an agreement to sell its Hershey Drive facility in Smiths Falls, Ont. to Hershey for $53 million.
Source: ottawa.ctvnews.ca
Canopy Growth selling Smiths Falls facility to Hershey
Canopy Growth marks seventh property sale for a combined total of C$155M since April 1 as it shifts to an 'asset-light' model.
Source: marketwatch.com
Pot Giant To Sell Its Facility Back To Hershey Canada For CA$53M, All Part Of Its 'Asset-Light' Strategy - Canopy Gwth (NASDAQ:CGC)
Canadian marijuana giant Canopy Growth Corporation (TSX: WEED)(NASDAQ: CGC) entered into an agreement to sell its Hershey Drive facility in Smiths Falls, Ontario, as part of the company's transformation to a simplified, asset-light operating model.
Source: benzinga.com
How Canopy Growth Reduced Debt By $1B And Is Headed Toward Profitability With An 'Asset-Light Model': CEO Tells All - Canopy Gwth (NASDAQ:CGC)
As cannabis earnings rolled in, Canopy Growth Corp (NASDAQ: CGC) held its own last week, reporting quarterly sales of CA$109 million ($81.2 million), which beat the analyst consensus estimate of CA$67.98 million, a 26.32% increase over sales of CA$86.29 million the same period last year.
Source: benzinga.com