Trulieve's Major News, Canopy Continues The Turnaround, and Vireo Growth With Another Acquisition

In our latest Trade To Black podcast presented by Flowhub, host Anthony Varrell sits down with Luc Mongeau, CEO of Canopy Growth (TSX: WEED) (Nasdaq: CGC), following the company's fiscal Q4 and full-year 2026 earnings release this morning.Mongeau breaks down a quarter that showed real momentum — consolidated net revenue of $71.2 million, up 10% year-over-year, with cannabis net revenue surging 20% and Canadian medical revenue climbing 27%. International markets bounced back with 68% Q4 growth after earlier supply chain disruptions. Perhaps most notably, the balance sheet swung from $172.6 million in net debt to a $131.3 million net cash position — a $300+ million transformation in a single fiscal year. Mongeau discusses the MTL Cannabis integration, the path to positive adjusted EBITDA in fiscal 2027, and how Canopy is positioning as Canada's leading medical cannabis provider heading into a post-rescheduling world.Anthony also covers Vireo Growth's latest acquisition — a definitive agreement to acquire C21 Investments (CSE: CXXI), adding approximately 15 Nevada dispensaries and C21's award-winning Silver State Relief brand to Vireo's rapidly expanding empire.Plus, a breakdown of Governor Pritzker's signing of SB 3222 in Illinois — the sweeping omnibus bill that doubles possession limits, authorizes drive-through dispensary sales, bans intoxicating hemp products for minors, and creates a pathway for adult-use operators to obtain companion medical licenses ahead of federal DEA registration. It's one of the most significant state-level cannabis reforms of the year.#CanopyGrowth #CGC #WEED #CannabisStocks #CannabisInvesting #CannabisNews #CannabisIndustry #MedicalCannabis #CannabisReform #CannabisRescheduling #ScheduleIII #CannabisLegalization #CannabisBusiness #CanadianCannabis #InternationalCannabis #VireoGrowth #C21Investments #NevadaCannabis #IllinoisCannabis #SB3222 #DEA #Dispensaries #CannabisMarket #CannabisEconomy #CannabisLeadership #TradeToBlack #AnthonyVarrell #LucMongeau #Flowhub #CannabisFinanceWant to see more Cannabis Reform?🎬    • Virginia Cannabis Legalization Back On Tra...  🎬    • Lawsuit Targets Cannabis Rescheduling Proc...  🎬    • Trulieve Becomes First Cannabis MSO Approv...  🎬    • Cannabis Stocks Arrive On Robinhood | TDR ...  Want to stay updated on Cannabis, Small Cap, AI, and Crypto?Subscribe to our Daily Baked newsletter:https://newsletter.thedalesreport.com...Find us on social media and podcast platforms:✅ Facebook:   / thedalesreport  ✅ Twitter:   / thedalesreport  ✅ Instagram:   / dalesreport  ✅ LinkedIn:   / the-dales-report  Apple Podcasts: https://tinyurl.com/TDRTradetoBlackon...Spotify: https://tinyurl.com/TDRTradeToBlackon...Website: https://thedalesreport.com/For copyright matters, contact:[email protected] Disclaimer (Financial Interests)The views and opinions expressed in this podcast are those of the hosts and guests and do not necessarily reflect the official policy or position of any company, organization, or employer. The content is provided for informational and entertainment purposes only and should not be taken as financial, investment, or legal advice.The hosts and/or guests may hold positions in the companies, stocks, or financial instruments discussed during the show. These holdings should not be considered endorsements or recommendations to buy or sell any securities. Listeners are encouraged to do their own research or consult with a qualified financial advisor before making any investment decisions.By listening to this podcast, you agree that the hosts, guests, and producers are not liable for any decisions made based on the information discussed.Full Disclosures: https://thedalesreport.com/website-te...