David Klein Archives - Cannabis Business Executive - Cannabis and Marijuana industry news

How Canopy Growth is using Martha Stewart and other celebs to become the Unilever of weed

Last year, Canopy Growth signed a deal with Martha Stewart to make her an adviser to the cannabis company, helping it develop a line of CBD-based products. Now the company is getting ready to start releasing the results of that…

Canopy Growth CEO says new data on cannabis beverages show they can be bigger than hard seltzer

The world’s largest cannabis company Canopy Growth (CGC) saw shares fall another 5% Monday after cratering 20% following Friday’s fourth-quarter results, which disappointed against even its own revenue guidance. Analysts at Stifel Nicolaus cut Canopy to a Sell rating while Morningstar…

Pot producer Canopy Growth’s loss bigger than expected

Canopy Growth Corp (WEED.TO), (CGC.N) on Friday reported a bigger-than-expected quarterly loss as its recreational cannabis business lost market share due to delayed product launches and the company abandoned a profitability target. Its U.S.-listed and Canadian shares ended down about…

Cannabis market leader Canopy Growth names Constellation Brands’ CFO as its new CEO

Shares soar 13% as CFO of Canopy’s biggest shareholder takes the helm Canopy Growth Corp. said Monday it has named David Klein, currently chief financial officer at its biggest shareholder, Constellation Brands Inc., as its new chief executive, taking over…