Martha Stewart to Lead CBD Brand for Canopy Growth

Martha Stewart joins the cannabis industry as a brand ambassador for Canopy Growth’s (NYSE:CGC,TSX:WEED) lineup of products in the US market. Canopy, in partnership with Sequential Brands Group (NASDAQ:SQBG), confirmed the new role for the celebrity businesswoman and television personality. Stewart will aid in the development of Canopy’s new line of hemp derived cannabidiol (CBD) […]

Canopy Growth Gains Hemp Entry in New York

A Canadian cannabis licensed producer (LP) is moving forward with US operations, setting a new precedent after the opening of the hemp market. After the approval of a new US$ 867-billion farm bill in the US, hemp and its derivatives became legal. Canopy Growth (NYSE:CGC,TSX:WEED) will now create a division in the state of New York […]

Piper Jaffray Starts Cannabis Watch, Boosts Canopy Growth

US investment bank Piper Jaffray (NYSE:PJC) has joined the slowly growing list of American brokerages covering cannabis producers, giving major industry players like Canopy Growth (TSX:WEED) a significant boost. With the support of Piper Jaffray, Canopy jumped 13 percent on Wednesday (January 10), closing the day at C$ 44.50. Piper Jaffray analyst Michael Lavery gave […]