Episode Details

Shadd Dales and Anthony Varrell welcome Luc Mongeau, the new CEO of Canopy Growth (NASDAQ: CGC). Five months into his role, Luc shares insights into the company’s transformation, starting with immediate priorities like operational cleanup and debt reduction. But one focus stands above the rest—driving adjusted EBITDA growth as the clearest path to financial stability and long-term success.Luc outlines how every decision—from streamlining operations to restructuring resources—is being aligned with improving profitability and achieving sustainable positive adjusted EBITDA. He emphasizes that in today’s competitive cannabis industry, profitability, not just scale, is the new benchmark for success.With earnings coming in May, Luc previews the financial messages he hopes to deliver and explains how adjusted EBITDA serves as a guiding metric across all departments. He also weighs in on global expansion, the strength of Canada’s marijuana medical market, and how experience from the CPG sector is shaping his leadership approach.0:00:00 - Intro0:00:55 - New CEO of Canopy Growth0:01:32 - First 3 months as CEO0:03:30 - Operational priorities and initial changes0:05:38 - Mmedical and Recreational Markets in Canada0:09:15 - Balance Sheet Management and Debt reduction0:11:20 - Canadian market strategy and portfolio optimization0:13:21 - European market opportunities: Germany0:15:17 - Vision for his tenure as CEO0:18:27 - Support from Constellation Brands0:20:01 - Closing remarks and future outlook#CannabisStocks #CanopyGrowth #MarijuanaStocks #CGC #AdjustedEBITDA #CannabisCEO #CannabisReform #CannabisIndustry #PotStocks #CannabisInvestingWant to see the last week's recap?   • Congress Highlights Biggest Developme...  Want to see more Cannabis Reform videos?   • Cannabis Culture, 4/20 History, and t...     • Can Cannabis Stocks Stay Resilient Am...     • Hemp Market Chaos: Is It Time for a C...     • Trump’s Drug Policy Skips Cannabis, R...  Want to be updated on Cannabis, Small Cap, AI, and Crypto? Subscribe to our Daily Baked in Newsletter!

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