Canopy Growth Reports First Quarter Fiscal Year 2024 Financial Results Net revenue in Q1 FY2024 increased 3% year-over-year to $109 million. Adjusting for divestiture of Canadian cannabis retail operations in FY2023, Q1 FY2024 net revenue increased 16% year-over-year Achieved total cost savings of $172 million through Q1 FY2024 Management... Read more
Marijuana sales are booming in the Northeast, with three states in the region—Maine, Massachusetts and Rhode Island—all hitting new records in July. Maine retailers sold $20.8 million in cannabis in July, which is the third month of record-setting totals in a row. So far in the first half of... Read more
New York’s first marijuana farmers market will open on Thursday in the Hudson Valley, state regulators announced. About one month after the Cannabis Control Board (CCB) started accepting applications for the new Cannabis Growers Showcases (CGS) program, regulators said in a press release on Wednesday that High Falls Canna... Read more
As Ohio marijuana reform advocates await final certification of signatures for a legalization initiative they hope to place on the November ballot, an unrelated vote during the state’s special election on Tuesday is being viewed as a bellwether for the cannabis proposal’s passage. Voters turned out in impressive numbers... Read more