Canopy Growth Corporation’s net revenues reached C$90.5m in its fiscal Q1 2020 (calendar Q2 2019) – the three months to end of June. This figure was down 3.8%, or C$3.58m, on the C$94.1m in net revenues that the firm posted in the prior quarter. In a note to investors, Canopy clarified that its net revenues … Continued
“MedMen has always been at the forefront of shaping and defining the cannabis industry, and we are proud to be taking the next step in our evolution by now offering delivery service in California."
Medicine Man calls target "one of the state's largest manufacturers of a nationwide, reputable lifestyle brand that has an extensive line of cannabis-infused extracts, edibles, and other wellness products"
"As some form of cannabis use is now legal in 33 states, it is essential to build professional tools that provide the same operational support, financing, compliance, and ease of use found in other industries."
"With newer recreational markets such as Michigan and Illinois opening up for business in 2020 and more states likely to follow suit, we predict that sales of all legalized cannabis in the U.S. will reach $41 billion by 2025."
“MedMen’s strategy, brand and performance makes them the clear leader of cannabis retail in the U.S. and we are supportive of management’s vision and plan for growth and profitability."