Reported 29 days ago
Canopy Growth Corporation (CGC), a leading cannabis company, is enhancing its presence in the U.S. market through key acquisitions like Acreage Holdings and Mountain High Products, following shareholder approval for new exchangeable shares. The company is also innovating its product line with high-potency offerings and improving its financial standing by prepaying part of its loans. Investors are eyeing CGC amidst potential federal cannabis legalization, with financial results expected in August 2025 providing insights into its growth strategy.
Source: YAHOO