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COVID CASE AT CANOPY HQ

Canopy Growth confirmed “an individual” at their Smiths Falls, ON headquarters¬† tested positive for COVID-19. Eight other employees who were on site are being tested.
Inside Ottawa Valley

In Other Sector News:

Narbe Alexandrian, CEO of Canopy’s investment arm Canopy Rivers, argued the collapse of the REC market proved “vertical integration doesn’t work.”
Yahoo Finance

Lift & Co has laid off most of its staff, while those who’ve stayed have accepted stock options over wages. The company was already struggling last year ahead of the COVID pandemic, and made an unspecified number of layoffs (rumoured to be much of Lift’s workforce) in March.
PuffPuffPost, Twitter–@itsdgc

Kaitlin Dobler, who recently stepped down as Aurora‘s product education manager, hit back against sector analyst/critic Rob “BettingBruiser” Doxtator.

Zenabis reduced its asking price for its 25,000 sq. ft. cultivation and processing facility in Delta, BC from $12.75M to $11.5M. Though the space is licensed, licenses are not transferable.
The Deep Dive

LP stocks began rising in April and May after twelve months of decline, but New Cannabis Ventures’ Canadian Cannabis LP Index declined 11.4% in June. The index has declined 68.4% over the last year.
New Cannabis Ventures