Canopy Growth shares rise 2.92% premarket after U.S. unit unveils new products and appoints new executive team.

Canopy Growth Corporation rose 2.92% in premarket trading, driven by the appointment of a new executive team at Canopy USA, LLC. The new leaders, with extensive industry experience, are tasked with driving portfolio growth, operational improvements, and market expansion. This strategic move is expected to elevate the company's brand portfolio and enhance day-to-day operations, aligning with the positive stock movement.