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
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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
Baystreet.ca - Canopy Growth: Is There Reason for Optimism?
The Canadian cannabis market has been a disappointment for many since recreational legalization officially took effect in October 2018. Initially, the cannabis sector was plagued by supply issues that quickly transitioned to a supply glut. Meanwhile, ...
Source: baystreet.ca
Canopy Growth reports Q3 loss, revenue down from year ago | Ottawa Business Journal
Cannabis company posted net loss of $231.9 million or 47 cents per diluted share for the quarter ended Sept. 30, compared with a net loss of $16.3 million or three cents per share a year ago.
Source: obj.ca
Invert secures $25M in fresh capital to fund carbon-capture push
Ottawa startup says cash will go toward funding technology that reduces the amount of carbon in the atmosphere and developing its app that helps consumers track their own carbon footprints.
Source: obj.ca