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     greenmarketreport

     Canopy Growth pays down $100M in debt, extends loan maturity

     1 hour ago

   • Stockhouse on MSN.com

     Canopy Growth reduces term loan by US$100M

     Canopy Growth (TSX:WEED), a cannabis stock behind some of the industry’s most iconic brands, including Tweed and Wana, has made an early US$100 million prepayment under its senior secured term loan ・The prepayment triggers the loan to automatically extend to Dec.

     3 hours ago

   • Zacks.com on MSN.com

     Here is What to Know Beyond Why Canopy Growth Corporation (CGC) is a Trending Stock

     Canopy Growth (CGC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

     1 day ago

   • MarketWatch

     Canopy Growth Makes $100 Mln Prepayment Toward Debt

     Canopy Growth on Thursday said that it has reduced its debt by $100 million as it looks to cut its cash burn rate. The Smiths Falls, Ontario-based cannabis company said Thursday it made the early prepayment on its senior secured term loan equal to $100 million but at a discounted price of $97.

     5 hours ago

   • Seeking Alpha

     Canopy Growth: Weak Fundamentals And Growth Acceleration Challenges

     2 weeks ago

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2. www.cbc.ca › news › canadaCanopy Growth closing Smiths Falls HQ, laying off 800 workers

   www.cbc.ca › news › canada

   • Cached

   Feb 9, 2023 · Cannabis company lost $266.7M in most recent quarter. A worker collects cuttings from a marijuana plant at the Canopy Growth Corporation facility in Smiths Falls, Ont., in 2018. The company is ...

3. www.fool.com › investing › 2023/12/27Why Canopy Growth's Reverse Split Marks a Turning Point for ...

   www.fool.com › investing › 2023/12/27

   • Cached

   Dec 27, 2023 · Canopy Growth (CGC 1.51%) is a bit of a grinch this Christmas. Rather than giving, it's taking back shares from investors. The company used a reverse stock split this week to get its share price ...

   • Author: David Jagielski

4. finance.yahoo.com › news › 5-years-since-canopyIt Has Been 5 Years Since Canopy Growth Made This Monumental Move

   finance.yahoo.com › news › 5-years-since-canopy

   • Cached

   Jul 12, 2024 · Fri, Jul 12, 2024, 6:33 AM 5 min read. Canopy Growth (NASDAQ: CGC) has gone through a lot of change over the past five years. But arguably one of the biggest moves it made was at the leadership ...

5. finance.yahoo.com › news › canopy-growth-sharesCanopy Growth faced bankruptcy prospects last year. Now its ...

   finance.yahoo.com › news › canopy-growth-shares

   • Cached

   Mar 22, 2024 · At the time, Canopy shares had fallen 78% for the year, and the company had acknowledged a going concern risk in its annual report. Benchmark wasn’t alone in warning about Canopy's prospects.

   • Author: Steve Mollman

6. www.cbc.ca › news › businessBiosteel has found a new owner and it's Windsor entrepreneur ...

   www.cbc.ca › news › business

   • Cached

   Nov 17, 2023 · Canopy Growth bought the company in 2019 in a move to diversify its business into drinks, but in September of this year, it announced plans to try to sell the business that had been costing it ...

7. www.nasdaq.com › articles › here-what-know-beyondHere is What to Know Beyond Why Canopy Growth ... - Nasdaq

   www.nasdaq.com › articles › here-what-know-beyond

   • Cached

   Canopy Growth reported revenues of $48.39 million in the last reported quarter, representing a year-over-year change of -40.2%. EPS of -$0.37 for the same period compares with -$0.40 a year ago.

8. People also ask

   What happened to Canopy Growth?

   • The company is closing its headquarters in the town of more than 9,000 people southwest of Ottawa. (Chris Wattie/Reuters) Canopy Growth Corp. will lay off 800 workers as part of a transformation plan that will see the company close its hallmark 1 Hershey facility and consolidate some of its cultivation operations.

   Canopy Growth closing Smiths Falls HQ, laying off 800 workers

   www.cbc.ca/news/canada/ottawa/canopy-growth-smiths-falls-layoffs-finances-1.6742220

   See all results for this question

   Will Canopy Growth survive?

   • Last summer, the survival of Canopy Growth was in doubt. This week, the Canadian cannabis company watched its stock rise by about 114%. On Friday, Germany passed a measure decriminalizing possession and home cultivation of cannabis, starting on April 1.

   Canopy Growth faced bankruptcy prospects last year. Now its shares are

   finance.yahoo.com/news/canopy-growth-shares-predicted-hit-223110246.html

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   What happened to canopy stock?

   • In late June, Benchmark analyst Mike Hickey slashed the price target on the company to zero, saying it “may not be able to continue operations and meet its financial obligations.” At the time, Canopy shares had fallen 78% for the year, and the company had acknowledged a going concern risk in its annual report.

   Canopy Growth faced bankruptcy prospects last year. Now its shares are

   finance.yahoo.com/news/canopy-growth-shares-predicted-hit-223110246.html

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   Where is Canopy Growth now?

   • The company will now complete post-production flower activity at 99 Lorne St., which is across the street from 1 Hershey and already has a regional distribution centre, bottling facility and beverage capabilities. The former Hershey Chocolate factory in Smiths Falls became Canopy Growth's headquarters, including a visitor centre.

   Canopy Growth closing Smiths Falls HQ, laying off 800 workers

   www.cbc.ca/news/canada/ottawa/canopy-growth-smiths-falls-layoffs-finances-1.6742220

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   Is canopy still profitable?

   • Five years later, it's hard to say that Canopy is in much better financial shape. The company has grown its business, but that's also what you would expect in a fast-growing industry. It still, however, struggles with profitability. The company recently wrapped up its 2024 fiscal year, which ended on March 31.

   It Has Been 5 Years Since Canopy Growth Made This Monumental Move

   finance.yahoo.com/news/5-years-since-canopy-growth-103300056.html

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   Will Canopy Growth buy acreage holdings?

   • Back in 2019, when Canopy Growth announced it was planning to acquire multistate marijuana company Acreage Holdings, there was a lot of excitement surrounding the business and its future growth. What a genius move to secure a deal in advance. The worst-case scenario is that investors would simply have to wait for it to pay off.

   Why Canopy Growth's Reverse Split Marks a Turning Point for the

   www.fool.com/investing/2023/12/27/why-canopy-growths-reverse-split-marks-a-turning/

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9. thedalesreport.com › cannabis › canopy-growth-isCanopy Growth Is Actively Shoring Up The Balance Sheet

   thedalesreport.com › cannabis › canopy-growth-is

   • Cached

   17 hours ago · Canopy Growth’s early prepayment is a positive sign of fiscal responsibility, but let’s not get too carried away. This is a company that, like many in the cannabis space, is navigating a tricky landscape of regulatory uncertainty, shifting consumer demand, and ongoing challenges in achieving consistent profitability.