CGC

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'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 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...
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 Launches Expanded Product Portfolio For The Quebec Market

Canopy Growth Launches Expanded Product Portfolio For The Quebec Market

An exclusive collaboration between Vert Collab and innovative Quebec-based cultivator, VASCO Cannabis Inc. will deliver a new premium flower SKU, in addition to the introduction of Maitri – Canopy's second Quebec-focused brand SMITHS FALLS, ON, June 8, 2023 - Canopy Growth Corporation ("Canopy Growth") (TSX: WEED) (NASDAQ: CGC), a world-l... 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...
Canopy Growth Corporation and Canopy USA, LLC Announce Filing of Early Warning Report regarding TerrAscend Corp.

Canopy Growth Corporation and Canopy USA, LLC Announce Filing of Early Warning Report regarding TerrAscend Corp.

SMITHS FALLS, ON, Oct. 25, 2022 - Canopy Growth Corporation ("Canopy" or the "Company") (TSX: WEED) (NASDAQ: CGC) and Canopy USA, LLC ("Canopy USA") today announced that each of the Company and Canopy USA has filed an early warning report under National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Rep... Read More...
Limited-Edition Pumpkin Spice CBD Wellness Gummies™ Arrive Just in Time for Fall As Martha Stewart CBD Expands Portfolio

Limited-Edition Pumpkin Spice CBD Wellness Gummies™ Arrive Just in Time for Fall As Martha Stewart CBD Expands Portfolio

"The Pumpkin Spice flavor signifies the beginning of the fall season and I wanted to capture this delicious moment with our CBD gummies," said Martha Stewart. "It's always important and a pleasure to expand our offerings and continue to make CBD convenient and tasty to enjoy, every day." Debuting this week for $34.99 on marthastewartcbd... Read More...
Canopy Growth to Report First Quarter Fiscal 2023 Financial Results on August 5, 2022

Canopy Growth to Report First Quarter Fiscal 2023 Financial Results on August 5, 2022

SMITHS FALLS, ON, July 22, 2022 - Canopy Growth Corporation ("Canopy Growth") (TSX: WEED) (NASDAQ: CGC) will release its financial results for the first quarter fiscal year 2023 ended June 30, 2022 before financial markets open on August 5, 2022. Following the release of its first quarter fiscal year 2023 financial results, Canopy Growth ... Read More...
Canopy Growth Announces Closing of Previously Announced Exchange Transaction

Canopy Growth Announces Closing of Previously Announced Exchange Transaction

Retirement of Approximately $263 Million of Debt Strengthens Canopy Growth's Balance Sheet and Preserves Cash to Support Future Growth SMITHS FALLS, ON, July 18, 2022 - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC) announced today that it has closed (the "Final Closing") its previously announced ex... Read More...
Canopy Growth Celebrates Summer with New 'Just Hits Different' Beverage Campaign

Canopy Growth Celebrates Summer with New ‘Just Hits Different’ Beverage Campaign

The Company showcases its diverse portfolio of cannabis beverages in its new Just Hits Different brand campaign which offers adult consumers a new way to enjoy familiar experiences, and a different type of drink to consume during special summer occasions like long weekends. The campaign comes to life across digital and social channels an... Read More...
Canopy Growth Kicks Off Summer Long Weekends with Exciting New Product Line-Up

Canopy Growth Kicks Off Summer Long Weekends with Exciting New Product Line-Up

"We are continuing our commitment to product innovation, tirelessly evolving our portfolio to provide consumers with the quality and variety of products they crave," said Julian Cohen, Chief Innovation Officer at Canopy Growth. "Our new infused pre-rolls from 7ACRES and first large format offering from Doja are both excellent examples of... Read More...
Canopy Growth to Report Fourth Quarter and Fiscal Year 2022 Financial Results on May 27, 2022

Canopy Growth to Report Fourth Quarter and Fiscal Year 2022 Financial Results on May 27, 2022

SMITHS FALLS, ON, May 13, 2022 - Canopy Growth Corporation ("Canopy Growth") (TSX: WEED) (NASDAQ: CGC) will release its financial results for the fourth quarter and fiscal year 2022 ended March 31, 2022, before financial markets open on May 27, 2022. Following the release of its fourth quarter and fiscal year 2022 financial results, Canop... Read More...