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Canopy Growth Establishes US$250 Million At-The-Market Program To Further Enhance the Company’s Financial Position And Facilitate Growth
SMITHS FALLS, ON. June 6, 2024 — Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (Nasdaq: CGC), a world-leading cannabis company dedicated to unleashing the power of cannabis to improve lives, announced today that the Company has established an at-the-market equity program (the “ATM Program”) that allows Canopy Growth to issue and sell…
Canopy Growth Announces Exercise of Acreage Options Paving the Way for Acquisition by Canopy USA
Canopy USA completes acquisition of Jetty and advances acquisition of Wana SMITHS FALLS, ONTARIO (June 4, 2024) – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC), a world-leading cannabis company dedicated to unleashing the power of cannabis to improve lives, announced today that the option to acquire all of the issued…
Canopy Growth Reports Fourth Quarter and Fiscal Year 2024 Financial Results; Q4 FY2024 Net Revenue increased 7% year-over-year, or 16% excluding divested businesses
Storz & Bickel® delivered its best Q4 revenue quarter, with net revenue increasing 43% as compared to Q4 2023 Canada medical cannabis net revenue increased 16% in Q4 FY2024 and 10% in FY2024 year-over-year Canada cannabis Cost of Goods Sold decreased by 54% in FY2024 versus FY2023 Following recent balance sheet actions, the Company has…
Canopy Growth to Report Fourth Quarter and Fiscal Year 2024 Financial Results on May 30, 2024
Smiths Falls, ON, May 16, 2024 – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX:WEED, NASDAQ:CGC), a world-leading cannabis company dedicated to unleashing the power of cannabis, will release its financial results for the fourth quarter and fiscal year 2024 ended March 31, 2024 before financial markets open on May 30, 2024. Following the…
Canopy Growth Confirms Canopy USA’s Exercise of Options to Acquire Wana and Jetty
SMITHS FALLS, ONTARIO May 7, 2024 – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC) today confirmed that Canopy USA, LLC (“Canopy USA”) has exercised the options to acquire Wana and Jetty (each as defined below). The exercise of these options is a critical next step to enable Canopy USA to…
Canopy Growth Announces Financing to Further Strengthen Balance Sheet Including Approximately US$50 Million of New Gross Proceeds
C$27.5 Million of Debt Extended from 2025 to 2029 Providing Additional Balance Sheet Flexibility SMITHS FALLS, ONTARIO (May 3, 2024) — Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (Nasdaq: CGC), today announced that on May 2, 2024, it entered into an exchange and subscription agreement (the “Agreement”) with a single institutional investor…
Canopy Growth Announces CBI Conversion to Exchangeable Shares and Newly Constituted Board of Directors
Conversion of Greenstar Promissory Note into Exchangeable Shares further improves Canopy’s balance sheet through the elimination of short term debt, reduces overall debt balance by C$100MM SMITHS FALLS, ONTARIO (April 18 2024) – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC) announced today that in connection with the creation of the…
Canopy Growth Announces Results Of Special Meeting Of Shareholders
Shareholders overwhelmingly approve the creation of a new class of Exchangeable Shares of Canopy Growth, enabling the acceleration of Canopy Growth’s entry into the U.S. THC market, which is expected to be approximately $50B in 2026.[1] Canopy USA expected to advance imminently with triggering acquisition of U.S. assets. APRIL 15, 2024 SMITHS FALLS, ON —…
INDEPENDENT PROXY ADVISOR, INSTITUTIONAL SHAREHOLDER SERVICES (“ISS”), RECOMMENDS CANOPY GROWTH SHAREHOLDERS VOTE FOR THE CREATION OF EXCHANGEABLE SHARES TO FURTHER THE ADVANCEMENT OF CANOPY USA
Shareholders are encouraged to vote well in advance of the proxy voting deadline on April 10, 2024 at 1:00 p.m. Eastern Time (Toronto time) For any questions or assistance with voting, shareholders should contact Laurel Hill Advisory Group at 1-877-452-7184 (North American Toll Free) or 1‑416‑304‑0211 (Outside North America), or by email at assistance@laurelhill.com. SMITHS…
CANOPY GROWTH CELEBRATES PASSAGE OF CANNABIS LEGALIZATION IN GERMANY
Removal of narcotic status for cannabis expected to accelerate growth of the German medical cannabis market SMITHS FALLS, ON, MARCH 22, 2024 – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (Nasdaq: CGC), a world-leading diversified cannabis company, celebrates the German government’s final approval legalizing cannabis, as well as advancing a clear victory…
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