NEWS

Filter

[news_filter_dropdown]

December 18, 2023

Canopy Growth Announces Completed Sale of This Works

Divestiture of the skincare and wellness brand is aligned with Canopy Growth’s focus on North American cannabis operations SMITHS FALLS, ON and LONDON, UK – December 18th, 2023 – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC) today announced that the Company has completed the divestiture of its This Works skincare and wellness brand to Inspirit Capital, a London-based investment firm. Headquartered in London, England, This Works offers a range of high-quality natural skincare and sleep solution products to consumers around the world. In accordance with the completed sale agreement, This Works’ leadership, staff, and intellectual…

December 13, 2023

Canopy Growth Announces Effective Date of Share Consolidation

Shares will be consolidated at a 1 for 10 ratio Action expected to allow the Company to regain compliance with Nasdaq minimum bid price requirement SMITHS FALLS, ON — December 13, 2023 — Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (Nasdaq: CGC) announced today that the Company’s board of directors has approved the consolidation (the “Consolidation”) of the Company’s issued and outstanding common shares (the “Common Shares”) on the basis of one (1) post-Consolidation Common Share for every ten (10) pre-Consolidation Common Shares. The Consolidation is being implemented to ensure that the Company continues to comply with…

December 1, 2023

Canopy Growth Announces Completed Sale of BioSteel Business

Realization of sale proceeds further strengthens Canopy Growth’s balance sheet Completed transactions further advances Canopy Growth’s cannabis-focused, asset-light operating model SMITHS FALLS, ON – December 1, 2023 – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC) today provided an update that pursuant to the proceedings under the Companies’ Creditors Arrangement Act (the “CCAA”) involving BioSteel Sports Nutrition Inc. (“BioSteel Canada”), that two sale transactions transferring the assets of BioSteel Canada and BioSteel Manufacturing, LLC (“BioSteel Manufacturing”) have been completed for aggregate gross proceeds of $30.4 million. Pursuant to the CCAA court-ordered sale and investment solicitation process,…

November 29, 2023

Martha Stewart CBD Debuts New Need-Based Gummies Targeting Sleep, Stress, and Discomfort

Sleep CBD, Chill CBD, and Extra Strength CBD Gummies Expand Martha’s Evolving Wellness Assortment SMITHS FALLS, ON & NEW YORK, NY, Nov. 29, 2023 – Sleep deprived? Stressed? Sore? Martha Stewart has a CBD gummy for that! Just in time for the holidays, Martha Stewart CBD has unveiled a new line of need-based CBD gummies, broadening the brand’s evolving wellness assortment. Martha Stewart CBD products provide consumers with convenient, plant-based solutions to help people feel their best all day, every day. The new line was developed in response to consumer demand for targeted solutions that address their most common…

November 27, 2023

Canopy Growth Reports Second Quarter Fiscal Year 2024 Financial Results

Canopy Growth Reports Second Quarter Fiscal Year 2024 Financial Results Strong execution drove significant improvement in gross margins and reduced cash burn in Q2 FY2024 Management reaffirms expectation to achieve positive Adjusted EBITDA in all business units exiting FY2024 Solidified foundation expected to deliver profitable growth and achieve sustainable cannabis market leadership SMITHS FALLS, ON, November 9, 2023 /PRNewswire/ – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX:WEED) (Nasdaq: CGC) today announces its financial results for the second quarter ended September 30, 2023. All financial information in this press release is reported in Canadian dollars, unless otherwise indicated. Highlights…

November 27, 2023

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

SMITHS FALLS, ON, April 14, 2023 /CNW/ – 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“), in order to extinguish C$100 million (approximately USD$73.9 million) aggregate principal amount of the Company’s outstanding 4.25% unsecured notes due 2023 (the “Existing Notes“). Pursuant to the Exchange Agreement, the Company agreed to acquire and cancel C$100 million aggregate principal amount of the Existing Notes held by GCILP in exchange for: (i) a cash payment to GCILP in the amount of…

November 17, 2023

Canopy Growth Announces that BioSteel Obtains Court Approval of Successful Bids in Sale and Investment Solicitation Process

Court approves combination of transactions resulting in the sale of all or substantially all of the assets of Biosteel Canada and Biosteel Manufacturing Elimination of funding obligation to BioSteel consistent with Canopy Growth’s cannabis focus and transformation to a simplified, asset-light operating model. SMITHS FALLS, ON – November 17, 2023 – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC) today provided an update that pursuant to the proceedings under the Companies’ Creditors Arrangement Act (the “CCAA”) involving BioSteel Sports Nutrition Inc. (“BioSteel Canada”), the Ontario Superior Court of Justice (Commercial List) (“CCAA Court”) has approved two…

November 15, 2023

KICK OFF THE HOLIDAY SEASON EARLY WITH NEW FLOWER OFFERINGS FROM 7ACRES AND TWEED

SMITHS FALLS, ON, November 15, 2023 – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (Nasdaq: CGC), a world-leading diversified cannabis company, today announced the addition of four new flower product offerings from iconic brands 7ACRES and Tweed just in time for the holiday season. “Our new high-quality flower offerings, including a holiday taster pack from 7ACRES and new strains from the iconic Tweed brand, are the perfect complement to any festive adult celebration,” said Dave Paterson, President, Canada, Canopy Growth. “These latest additions to our leading Canadian portfolio reflect our team’s focus and commitment to producing extraordinary flower…

November 9, 2023

Canopy Growth Reports Second Quarter Fiscal Year 2024 Financial Results

READ THE FULL PRESS RELEASE HERE Strong execution drove significant improvement in gross margins and reduced cash burn in Q2 FY2024 Management reaffirms expectation to achieve positive Adjusted EBITDA in all business units exiting FY2024 Solidified foundation expected to deliver profitable growth and achieve sustainable cannabis market leadership SMITHS FALLS, ON, November 9, 2023 /PRNewswire/ – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX:WEED) (Nasdaq: CGC) today announces its financial results for the second quarter ended September 30, 2023. All financial information in this press release is reported in Canadian dollars, unless otherwise indicated. Highlights Canadian cannabis business delivered…

October 26, 2023

Canopy Growth to Report Second Quarter Fiscal 2024 Financial Results on November 9, 2023

Smiths Falls, ON, October 26, 2023 – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX:WEED, NASDAQ:CGC) will release its financial results for the second quarter fiscal year 2024 ended September 30, 2023 after markets close on November 9, 2023. Following the release of its second quarter fiscal year 2024 financial results, Canopy Growth will host an audio webcast with David Klein, CEO and Judy Hong, CFO on November 9, at 5:30 PM Eastern Time. Webcast Information A live audio webcast will be available at: https://app.webinar.net/8jnJ0EJDRBz Replay Information A replay will be accessible by webcast until 11:59 PM ET on…

October 17, 2023

STORZ & BICKEL Unveils the VENTY, an Innovative New Portable Vaporizer

First-of-its kind vaporizer features adjustable air flow and is the fastest heating vaporizer in the S&B lineup TUTTLINGEN, Germany (October 17, 2023) – STORZ & BICKEL GmbH (“STORZ & BICKEL”), a world-leading manufacturer of high-end and medically certified vaporizers and a subsidiary of Canopy Growth Corporation (“Canopy Growth”) (TSX: WEED) (NASDAQ: CGC), today announced the anticipated launch of the VENTY, STORZ & BICKEL’s state-of-the-art portable vaporizer for dry herbs. Its newly designed convection and conduction heater as well as the cutting-edge heating management and cooling technology enhance flavor to produce superior vapor quality on the go. The VENTY will officially…

October 10, 2023

Canopy Growth Announces EU GMP Certification of Kincardine Cultivation Facility

Certification Enables Canopy Growth to Continue Exporting High Quality Cannabis to Global Medical Markets SMITHS FALLS, ON, October 10, 2023 /PRNewswire/ – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (Nasdaq: CGC) announced today that it received EU GMP certification from RP Tuebingen, Regional Health Inspectorate of Baden-Wuerttemberg for the Company’s world class cannabis cultivation facility in Kincardine, Ontario. As a final step to completing the Company’s consolidation of its production footprint into two purpose-built sites, the receipt of EU GMP certification enables Canopy Growth to continue exporting certified medical cannabis to medical markets in Europe as well…
Scroll to Top