Canopy Growth names Luc Mongeau as its next CEO
Canopy Growth Corporation (TSX: WEED), (NASDAQ: CGC) has named current Board member and CPG-veteran, Luc Mongeau, as the next Chief Executive Officer of Canopy Growth effective January 6, 2025. David Klein the company’s current CEO announced his plan to retire in August after taking on the role in 2020. Green Market Report previously wrote that […]
Canopy Growth’s revenue falls amid continued losses
Canopy Growth says it is no longer a going concern since it can sell stock for capital raises. Canopy Growth Corporation (TSX: WEED) (Nasdaq: CGC) announced its financial results for the fiscal year 2025 second quarter ending September 30, 2024. Total revenue fell to C$73.9 million (~$53 million) from last year’s C$82 million for the […]