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-0.000122684333210635 0.00601153232732182 0.0181572813151761 0.0242914979757086 -0.000122684333210635 0.0184639921482027 -0.0369893264630107 -0.000122684333210635
Stock impact report

Investor Outlook: Medical cannabis expansion targets global growth [BNN Bloomberg (Canada)]

Canopy Growth Corporation - Common Shares (CGC) 
Company Research Source: BNN Bloomberg
The latest transaction highlights a push toward profitability while expanding access to global markets, particularly Europe. BNN Bloomberg spoke with Luc Mongeau, chief executive officer at Canopy Growth, about the acquisition of Montreal-based MTL Cannabis, integration plans and how the deal supports the company's path toward positive adjusted EBITDA. Key Takeaways The acquisition underscores ongoing consolidation in Canada's medical cannabis market as producers prioritize scale and operational efficiency. Adding MTL's cultivation assets is expected to improve margins and accelerate progress toward positive adjusted EBITDA and cash flow. The deal strengthens Canopy Growth's footprint in Quebec, a key market for medical cannabis growth. Expanded flower supply supports international medical markets, particularly Europe, where demand continues to rise. Retaining MTL's operational leadership is intended to preserve product quality while scaling production across the platfor Show less Read more
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