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CANOPY DELAYS BEVERAGES LAUNCH

As Ontario seethed with edibles frenzy, Canopy announced it was delaying the launch (“extending its to-market date”) of its REC beverages.
Press Release, Bloomberg

  • The company did not say when it would launch its line of 13 beverages.
    Yahoo Finance
  • Jeffries analyst said, “There appears no excuse for this announcement, with the delay caused by lack of clarity internally rather than unforeseen external factors, which is even more worrying.”
    Bloomberg