Canopy Growth CEO says ‘For sure there’s a marijuana bubble’

Canopy Growth Corporation saw its shares fall 13% on Wednesday after reporting disappointing earnings that included a revenue decline. Analysts had expected better results from Canopy after Canada launched legal recreational marijuana sales on Oct. 17. Continue reading “Canopy Growth CEO says ‘For sure there’s a marijuana bubble’”

‘Corona, Lime, & Cannabis, Please’: Big Brewer Enters Marijuana Biz

Constellation Brands, one of the United States’ largest alcohol distributors, has taken a 9.9% stake in the Canadian cannabis firm Canopy Growth, according to a report by Jennifer Maloney and David George-Cosh in the Wall Street Journal. Canopy and Constellation say they plan to develop cannabis-infused beverages for the legal adult market.

Continue reading “‘Corona, Lime, & Cannabis, Please’: Big Brewer Enters Marijuana Biz”