The Canadian Press
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Tilray reports US$33.6M profit in Q4 as it merged with cannabis rival Aphria
Tilray Inc.’s share price surged 25 per cent Wednesday as investors rewarded the the cannabis company for a strong outlook and fundamentals. Tilray’s chief executive pointed to COVID-19 lockdowns for more than $100 million in revenue losses Wednesday, but the…
‘Not where we want to be’: Canopy Growth CEO says market share softened in Q1
Canopy Growth Corp.’s chief executive says the company’s hold on the cannabis market has been threatened in the last few months, even as it went on an acquisition spree and tried to overhaul its business. “Our market share softened and…