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Pot producer Canopy sinks after disappointing quarterly results

By Ruhi Soni (Reuters) -Canopy Growth Corp on Friday reported a fourth-quarter loss that was far bigger than analysts had feared as stiff competition in ....

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Profits elude pot producer Canopy Growth again, shares slump

-Canadian pot producer Canopy Growth Corp on Friday posted a bigger loss in the second quarter and pushed back its target for turning profitable, citing domestic supply challenges and slower revenue. ....

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Canopy launches CBD-infused sparkling water line in United States - Netscape Money & Business

Canopy launches CBD-infused sparkling water line in United States - Netscape Money & Business
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Canopy Growth launches pot-infused beverage line in United States

By Reuters Staff
2 Min Read
FILE PHOTO: A sign featuring Canopy Growth Corporation s logo is pictured at their facility in Smiths Falls, Ontario, Canada, January 4, 2018 .Picture taken January 4, 2018. REUTERS/Chris Wattie/File Photo
(Reuters) - Canopy Growth Corp on Tuesday launched its CBD-infused Quatreau sparkling water line in the United States, as it seeks to secure a firm footing in the country’s rapidly growing cannabis market ahead of expected reforms under President Joe Biden.
The company’s U.S.-listed shares, up 41% through Monday’s close, rose 1.5% in premarket trading on the Nasdaq.
After years of oversupply woes in Canada, cannabis producers are banking on the much larger U.S. market opening up soon as leading Democrats lend support to laws allowing easier banking access, decriminalization of marijuana and other favorable changes. ....

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Canopy launches CBD-infused sparkling water line in United States

Canopy Growth Corp on Tuesday launched its CBD-infused Quatreau sparkling water line in the United States, as it seeks to secure a firm footing in the country's rapidly growing cannabis market ahead of expected reforms under President Joe Biden. ....

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