Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (Nasdaq: CGC) announced today that it has completed the sale of its Hershey Drive facility (the "Facility") in Smiths Falls, Ontario, in connection with the previously announced agreement with Hershey Canada, Inc. for cash consideration of approximately CAD$53 million.
Cannabis legislation might be nearing a milestone. If passed through Congress, the SAFER Banking Act could give registered cannabis businesses access to small business loans and various financial protections. Poseidon (PSDN) Co-Founder and Managing Partner Emily Paxhia joins Yahoo Finance Live and notes that this is the first time the SAFER Banking Act has made a run through the Senate, but expresses concerns that it “might not be a priority” for House lawmakers amid the approaching 2024 election and the looming threat of a government shutdown. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (Nasdaq: CGC), a world-leading diversified cannabis company, today announced the voting results from its annual general and special meeting of shareholders held on September 25, 2023 (the "Meeting").