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The vote deadline for the acquisition by Canopy Growth is June 8th. Supreme has improved its financial position by reaching positive adjusted EBITDA and addressing its 2021 convertible note maturity. It would still have challenges improving its market share position on its own due...
Independent Proxy Advisors ISS and Glass Lewis Support Supreme's Plan of Arrangement with Canopy Growth Corporation and Recommend that Shareholders Vote "FOR" the Arrangement Resolution Canada NewsWire Two institutional shareholders who represent in aggregate approxima...
HEXO is set to buy private Redecan and jump into the top recreational cannabis position in Canada. The company will only have a market cap in the $2 billion range despite this leading position. The stock trades at an exceptionally cheap 4x EV/S for FY22 (July) in comparison to far...
Canopy Growth reported another horrible quarter with an adjusted EBITDA loss of nearly C$100 million again. The Canadian cannabis giant could only muster a gross margin of 14%. A new restructuring plan doesn't go far enough to align costs with gross profits. The stock remains ...
Top Canadian Cannabis Stocks In 2021 Marijuana stocks could be setting up for a rebound in the coming months. In May there seems to be more momentum for leading cannabis stocks. But one sector has not recovered in the same fashion. Currently, Canadian marijuana stocks have seen ...
With an increasing number of states legalizing the use of cannabis for medical and recreational use, the cannabis industry is attracting significant investor attention. This, along with optimism surrounding the potential for federal decriminalization of cannabis, and growing awareness of the ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Back in late 2018 when the pot stock boom was in full effect, traders spoke of Canopy Growth (NASDAQ: CGC ) with reverence and traders furiously bought up shares of CGC stock. Source: Shutterstock Then, in ...
The Supreme Cannabis Company, Inc. Mails Information Circular for Special Meeting of Shareholders Canada NewsWire TORONTO , May 17, 2021 /CNW/ - The Supreme Cannabis Company, Inc. (" Supreme ", the " Company " or " we ") (TSX: FIRE) (OTCQX: SPRWF)...
The Supreme Cannabis Company, Inc. (SPRWF) Q3 2021 Results Conference Call May 14, 2021 08:00 AM ET Company Participants Beena Goldenberg - President and Chief Executive Officer Nikhil Handa - Chief Financial Officer Conference Call Participants Andrew Partheniou - Stifel Presentation Operato...
Supreme Cannabis Announces Financial Results for Q3 2021 PR Newswire Maintains market position and records third consecutive quarter of positive EBITDA 2021 Third Quarter Highlights: Positive Adjusted EBITDA 1 of $0.5 million Consolidate...
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Canopy Growth Completes Acquisition of Supreme Canada NewsWire Acquisition solidifies Canopy Growth's leadership position in the Canadian recreational market SMITHS FALLS, ON , June 23, 2021 /CNW/ - Canopy Growth Corporation ("Canopy") (TSX: WEED) (NASDAQ...
The Supreme Cannabis Company, Inc. Obtains Final Order for Arrangement with Canopy Growth Corporation Canada NewsWire TORONTO , June 15, 2021 /CNW/ - The Supreme Cannabis Company, Inc. (" Supreme ", the " Company " or " we ") (TSX: FIRE) (OTCQ...
The Supreme Cannabis Company, Inc. Announces Shareholder Approval of Arrangement with Canopy Growth Corporation Canada NewsWire TORONTO , June 10, 2021 /CNW/ - The Supreme Cannabis Company, Inc. (" Supreme " or the " Company " or " we ") (TSX: FIRE) (...