Canopy Growth Corporation

Canopy Growth Announces Private Placement of up to US$50 Million

Canopy Growth Announces Private Placement of up to US$50 Million

SMITHS FALLS, ON, Sept. 18, 2023 - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (Nasdaq: CGC), today announced that it has entered into subscription agreements (the "Subscription Agreements"), dated September 18, 2023, with certain institutional investors (the "Investors") in a private placement offering (the "... Read More...
Canopy Growth to Cease Funding BioSteel Business Unit Furthering Business Transformation and Focus on North American Cannabis Leadership

Canopy Growth to Cease Funding BioSteel Business Unit Furthering Business Transformation and Focus on North American Cannabis Leadership

BioSteel filing immediately eliminates significant cash burn for Canopy Growth and provides for an orderly realization of value of BioSteel's assets through a sale process As the senior secured lender to BioSteel, Canopy Growth expects to recover proceeds from the anticipated sale process  Management reaffirms its expectation to achieve p... Read More...
Canopy Growth Announces Fall 2023 Investor Conference and Event Participation

Canopy Growth Announces Fall 2023 Investor Conference and Event Participation

SMITHS FALLS, ON, Sept. 13, 2023 - Canopy Growth Corporation ("Canopy Growth") (TSX: WEED) (Nasdaq: CGC) today announced planned participation at investor conferences and events in September. Representatives of the Company will be presenting or in attendance at the following events: ATB Capital Markets 2023 Life Sciences Institutional Inv... Read More...
Canopy Growth Reminds Shareholders to Cast Their Vote for Upcoming Annual General and Special Meeting of Shareholders to be held on September 25, 2023 at 1:00 p.m. (Eastern time)

Canopy Growth Reminds Shareholders to Cast Their Vote for Upcoming Annual General and Special Meeting of Shareholders to be held on September 25, 2023 at 1:00 p.m. (Eastern time)

Shareholders are Encouraged to Vote Well in Advance of the Proxy Deadline of 1:00 p.m. (Eastern time) on September 21, 2023 Your Vote is Important! If you need assistance with voting your shares please contact Laurel Hill Advisory Group at 1-877-452-7184 or by e-mail at  SMITHS FALLS, ON, Sept. 11, 2023 - Canopy Growth Corporation ("Cano... Read More...
Canopy Growth's Newest Pre-roll Flower Offerings Are Perfect For End Of Summer Occasions

Canopy Growth’s Newest Pre-roll Flower Offerings Are Perfect For End Of Summer Occasions

SMITHS FALLS, ON, Aug. 22, 2023 - Canopy Growth Corporation ("Canopy Growth") (TSX: WEED) (NASDAQ: CGC), a world-leading diversified cannabis company, today announced the addition of five new pre-roll flower product offerings from iconic brands Tweed, 7ACRES, and for the first time, from Canopy Growth's medical cannabis company, Spectrum ... Read More...
Canopy Growth to Hold Virtual Annual General and Special Meeting of Shareholders

Canopy Growth to Hold Virtual Annual General and Special Meeting of Shareholders

SMITHS FALLS, ON, Aug. 18, 2023 - Canopy Growth Corporation ("Canopy Growth") (TSX: WEED) (Nasdaq: CGC) announced today that the Company will hold its 2023 Annual General and Special Meeting in a virtual format. The meeting will begin at 1:00 PM ET on September 25, 2023, and will be conducted by live audio webcast at www.virtualshareholde... Read More...
Canopy Growth Enters into an Agreement for the Sale of Hershey Drive Facility in Smiths Falls

Canopy Growth Enters into an Agreement for the Sale of Hershey Drive Facility in Smiths Falls

Facility will be sold to Hershey Canada, Inc. for approximately CAD$53 million Canopy Growth continues to execute on transformation to simplified, asset-light operating model SMITHS FALLS, ON, Aug. 17, 2023 - Canopy Growth Corporation ("Canopy Growth") (TSX: WEED) (Nasdaq: CGC) announced today that it has entered into an agreement (the ... Read More...
Canopy Growth Reports First Quarter Fiscal Year 2024 Financial Results

Canopy Growth Reports First Quarter Fiscal Year 2024 Financial Results

Net revenue in Q1 FY2024 increased 3% year-over-year to $109 million. Adjusting for divestiture of Canadian cannabis retail operations in FY2023, Q1 FY2024 net revenue increased 16% year-over-year Achieved total cost savings of $172 million through Q1 FY2024 Management reaffirms its expectation to achieve positive Adjusted EBITDA in all b... Read More...
Canopy Growth launches Wana Brands' Edibles at SpectrumTherapeutics.com

Canopy Growth launches Wana Brands’ Edibles at SpectrumTherapeutics.com

Expanding product offering to Canadian medical patients and strengthening Canadian cannabis business SMITHS FALLS, ON, July 27, 2023 - Canopy Growth Corporation ("Canopy Growth") (TSX: WEED) (Nasdaq: CGC) today announced that cannabis gummies from Wana Brands ("Wana"), North America's leading edibles company, are now available through Spe... Read More...
Canopy Growth to Report First Quarter Fiscal 2024 Financial Results on August 9, 2023

Canopy Growth to Report First Quarter Fiscal 2024 Financial Results on August 9, 2023

SMITHS FALLS, ON, July 26, 2023 - Canopy Growth Corporation ("Canopy Growth") (TSX: WEED) (NASDAQ: CGC) will release its financial results for the first quarter fiscal year 2024 ended June 30, 2023 after markets close on August 9, 2023. Following the release of its first quarter fiscal year 2024 financial results, Canopy Growth will host ... Read More...
STORZ & BICKEL Announces Certification of Medical Vaporizers Under New EU Medical Device Regulations

STORZ & BICKEL Announces Certification of Medical Vaporizers Under New EU Medical Device Regulations

Certification reinforces STORZ & BICKEL's leadership position in medical device design, ensures continued availability of devices worldwide TUTTLINGEN, Germany, July 20, 2023 - STORZ & BICKEL GmbH ("STORZ & BICKEL"), the world-leading manufacturer of high-end and medically certified cannabis vaporizers and subsidiary of Canopy... Read More...
Canopy Growth Congratulates Wana and Jetty on Entry Into New State-Level Markets

Canopy Growth Congratulates Wana and Jetty on Entry Into New State-Level Markets

Wana Brands re-enters the Florida medical market as Jetty expands to Colorado SMITHS FALLS, ON, July 18, 2023 - Canopy Growth Corporation ("Canopy Growth") (TSX: WEED) (Nasdaq: CGC) today congratulates members of Canopy USA LLC's ("Canopy USA") ecosystem, Wana Brands ("Wana"), North America's leading edibles producer, and Jetty Extracts ... Read More...
Canopy Growth Enhances Financial Flexibility and Delivers Company Balance Sheet by $437 million

Canopy Growth Enhances Financial Flexibility and Delivers Company Balance Sheet by $437 million

Company Announces Accretive Reduction of Corporate Debt, Preservation of Cash, and an Improved Financial Position Through a Series of Agreements Supported by Secured and Unsecured Lenders SMITHS FALLS, ON, July 14, 2023 - Canopy Growth Corporation ("Canopy Growth") (TSX: WEED) (NASDAQ: CGC) announced today that it has entered into a serie... Read More...
Canopy Growth Enhances Financial Flexibility and Delevers Company Balance Sheet by $437 million

Canopy Growth Enhances Financial Flexibility and Delevers Company Balance Sheet by $437 million

Company Announces Accretive Reduction of Corporate Debt, Preservation of Cash, and an Improved Financial Position Through a Series of Agreements Supported by Secured and Unsecured Lenders SMITHS FALLS, ON, July 14, 2023 - Canopy Growth Corporation ("Canopy Growth") (TSX: WEED) (NASDAQ: CGC) announced today that it has entered into a serie... Read More...
Canopy Growth to Participate in Opal Group's Family Office & Private Wealth Management Forum

Canopy Growth to Participate in Opal Group’s Family Office & Private Wealth Management Forum

SMITHS FALLS, ON, July 6, 2023 - Canopy Growth Corporation ("Canopy Growth") (TSX: WEED) (Nasdaq: CGC) announced today that the Company will exhibit at the Opal Group's Family Office & Private Wealth Management Forum 2023 from July 10 to July 12, 2023. During the forum, Canopy Growth will be hosting a booth to engage with family offic... Read More...
Canopy Growth Announces Completion of Conversions Pursuant to US$100 Million Convertible Debentures; Provides Update on Balance Sheet Actions Taken To Date

Canopy Growth Announces Completion of Conversions Pursuant to US$100 Million Convertible Debentures; Provides Update on Balance Sheet Actions Taken To Date

SMITHS FALLS, ON, July 3, 2023 - Canopy Growth Corporation ("Canopy Growth") (TSX: WEED) (NASDAQ: CGC) announced today that all conversions pursuant to the US$100,000,000 senior unsecured convertible debentures (the "Convertible Debentures"), sold to an institutional investor in February 2023, have been completed. Since the beginning of f... Read More...
Canopy Growth Announces Equitization of C$12.5 Million of Notes due in July 2023

Canopy Growth Announces Equitization of C$12.5 Million of Notes due in July 2023

SMITHS FALLS, ON, June 30, 2023 - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC) announced today that it has entered into privately negotiated exchange agreements (collectively, the "Exchange Agreements") with certain holders (collectively, the "Noteholders") of the Company's outstanding 4.25% unsec... Read More...
Canopy Growth Announces Facility Sale and Provides Update on Divestiture Actions

Canopy Growth Announces Facility Sale and Provides Update on Divestiture Actions

The Company has sold facilities for proceeds of CAD$81 million in the current quarter SMITHS FALLS, ON, June 29, 2023 - Canopy Growth Corporation ("Canopy Growth") (TSX: WEED) (Nasdaq: CGC) announced today that it has completed the sale of its facility in Modesto, CA. With the completion of this transaction, Canopy Growth has now sold fiv... Read More...
Canopy Growth Reports Fourth Quarter and Fiscal Year 2023 Financial Results

Canopy Growth Reports Fourth Quarter and Fiscal Year 2023 Financial Results

Business transformation and cost reduction actions initiated in FY2023 expected to drive overall cost reduction of $240-$310 million by the end of FY2024    Actions to strengthen balance sheet have reduced overall debt position by approximately $500 million from Q2 FY2023 to quarter-to-date in Q1 FY2024 and are anticipated to generate pr... Read More...
Canopy Growth to Report Fourth Quarter and Fiscal Year 2023 Financial Results on June 22, 2023

Canopy Growth to Report Fourth Quarter and Fiscal Year 2023 Financial Results on June 22, 2023

SMITHS FALLS, ON, June 21, 2023 - Canopy Growth Corporation ("Canopy Growth") (TSX: WEED) (NASDAQ: CGC) will release its financial results for the fourth quarter and fiscal year 2023 ended March 31, 2023, and file the Company's comprehensive annual report on Form 10-K for the fiscal years ended March 31, 2023 and 2022, after markets close... Read More...
Canopy Growth Provides Update on Management Cease Trade Order and Provides Estimate for Reporting of Q4 and FY2023 Financials

Canopy Growth Provides Update on Management Cease Trade Order and Provides Estimate for Reporting of Q4 and FY2023 Financials

SMITHS FALLS, ON, June 12, 2023 - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC) is providing this bi-weekly update on the status of the management cease trade order granted on June 2, 2023 (the "MCTO") by its principal regulator, the Ontario Securities Commission under National Policy 12-203 – Mana... Read More...
Canopy Growth And Indiva Announce Agreement To Position Wana Gummies For Continued North American Brand Leadership

Canopy Growth And Indiva Announce Agreement To Position Wana Gummies For Continued North American Brand Leadership

Canopy Growth to control all distribution, marketing, and sales of industry leading Wana branded products in Canada, further uniting the Company's North American house of brandsIndiva to manufacture Wana for Canopy in Canada under exclusivity ensuring continuity of quality product supply Canopy to acquire 19.99% interest in Indiva as part... Read More...
Canopy Growth Announces Voluntary Application for a Management Cease Trade Order

Canopy Growth Announces Voluntary Application for a Management Cease Trade Order

SMITHS FALLS, ON, May 26, 2023 - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC) announced today, that further to the Company's previously announced internal review of the financial reporting matters related to BioSteel Sports Nutrition Inc. (the "BioSteel Review") and the determination from the Comp... Read More...
Canopy Growth Files Revised Proxy Statement, Modifies Canopy USA Structure to Comply with NASDAQ Listing Requirements

Canopy Growth Files Revised Proxy Statement, Modifies Canopy USA Structure to Comply with NASDAQ Listing Requirements

Company advances Canopy USA strategy, designed to accelerate entry into the U.S. cannabis market SMITHS FALLS, ON, May 22, 2023 - Canopy Growth Corporation ("Canopy Growth") (TSX: WEED) (NASDAQ: CGC) announced today that it has filed a revised proxy statement with the U.S. Securities and Exchange Commission (the "SEC"), which includes upd... Read More...
Canopy Growth Announces Refinancing of C$100 million of Notes due 2023

Canopy Growth Announces Refinancing of C$100 million of Notes due 2023

SMITHS FALLS, ON, April 14, 2023 - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC) announced today that it has entered into an exchange agreement (the "Exchange Agreement") with Greenstar Canada Investment Limited Partnership ("GCILP"), a wholly-owned subsidiary of Constellation Brands, Inc. ("CBI"),... Read More...
Spring Forward With Canopy Growth's Portfolio Of Cannabis Beverages

Spring Forward With Canopy Growth’s Portfolio Of Cannabis Beverages

Canopy Growth introduces 6 new beverage flavours – including Deep Space Propulsion – Canada's first ever cannabis beverage with naturally occurring caffeine. SMITHS FALLS, ON, March 29, 2023 - Canopy Growth Corporation ("Canopy Growth") (TSX: WEED) (NASDAQ: CGC), a world-leading diversified cannabis, hemp, and cannabis device company, ann... Read More...
Canopy Growth Reports Third Quarter Fiscal Year 2023 Financial Results and Announces Canadian Business Transformation Plan

Canopy Growth Reports Third Quarter Fiscal Year 2023 Financial Results and Announces Canadian Business Transformation Plan

Company takes firm actions to transform Canadian business to enable growth and profitability Announces cost reduction program of additional $140-$160 million to be realized over the next 12 months Restructuring includes significant reduction in production footprint and headcount SMITHS FALLS, ON, Feb. 9, 2023 Canopy Growth Corporation ("C... Read More...
Canopy Growth to Report Third Quarter Fiscal 2023 Financial Results on February 9, 2023

Canopy Growth to Report Third Quarter Fiscal 2023 Financial Results on February 9, 2023

SMITHS FALLS, ON, Jan. 19, 2023 - Canopy Growth Corporation ("Canopy Growth") (TSX: WEED) (NASDAQ: CGC) will release its financial results for the third quarter fiscal year 2023 ended December 31, 2022 before financial markets open on February 9, 2023. Following the release of its third quarter fiscal year 2023 financial results, Canopy G... Read More...
Canopy Growth Corporation Reports Second Quarter Fiscal Year 2023 Financial Results

Canopy Growth Corporation Reports Second Quarter Fiscal Year 2023 Financial Results

SMITHS FALLS, ON, Nov. 9, 2022 - Canopy Growth Corporation ("Canopy Growth") (TSX: WEED) (NASDAQ: CGC) today announces its financial results for the second quarter ended September 30, 2022. All financial information in this press release is reported in Canadian dollars, unless otherwise indicated. Highlights Announced comprehensive plan ... Read More...
Canopy Growth to Report Second Quarter Fiscal 2023 Financial Results on November 9, 2022

Canopy Growth to Report Second Quarter Fiscal 2023 Financial Results on November 9, 2022

SMITHS FALLS, ON, Oct. 27, 2022 - Canopy Growth Corporation ("Canopy Growth") (TSX: WEED) (NASDAQ: CGC) will release its financial results for the second quarter fiscal year 2023 ended September 30, 2022 before financial markets open on November 9, 2022. Following the release of its second quarter fiscal year 2023 financial results, Canop... Read More...